Quarterly report pursuant to Section 13 or 15(d)

Revenues (Tables)

v3.23.2
Revenues (Tables)
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues by Customer Grouping
The table below presents revenues by customer grouping for the following periods:
Three Months Ended Six Months Ended
  June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022
Civil space
 $ 27,440  $ 16,850  $ 53,495  $ 33,014 
National security
 14,178  9,632  24,760  17,210 
Commercial and other
 18,480  10,246  39,448  19,371 
Total revenues
 $ 60,098  $ 36,728  $ 117,703  $ 69,595 

The table below presents revenues based on the geographic location of the Company’s customers for the following periods:
Three Months Ended Six Months Ended
June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022
U.S.
 $ 44,653  $ 35,273  $ 88,436  $ 66,623 
Europe 15,368  1,297  29,190  2,633 
Other 77  158  77  339 
Total revenues
 $ 60,098  $ 36,728  $ 117,703  $ 69,595 
The majority of the Company’s revenues are derived from government contracts. Customers comprising 10% or more of revenues are presented below for the following periods:
Three Months Ended Six Months Ended
  June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022
Customer A(1)
$ 9,824  $ —  $ 18,841  $ — 
Customer B(1)
9,580  —  16,949  — 
Customer C(1)
—  6,002  —  14,441 
Total $ 19,404  $ 6,002  $ 35,790  $ 14,441 
(1) While revenue may have been generated during each of the periods presented, amounts are only disclosed for the periods in which revenues represented 10% or more of total revenue.
Schedule of Contract Assets and Contract Liabilities
The table below presents the contract assets and contract liabilities included on the condensed consolidated balance sheets for the following periods:
June 30,
2023		 December 31,
2022
Contract assets
 $ 43,290  $ 31,041 
 
Contract liabilities $ 33,905  $ 29,817 
Schedule of EAC Adjustments
The below table summarizes the favorable (unfavorable) impact of the net EAC adjustments for the following periods:
Three Months Ended Six Months Ended
  June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022
Net EAC adjustments, before income taxes $ (74) $ (1,410) $ (1,684) $ (3,218)
Net EAC adjustments, net of income taxes (73) (1,375) (1,677) (3,062)
Net EAC adjustments, net of income taxes, per diluted share —  (0.02) (0.03) (0.05)