KVH Industries (KVHI) 10-Q 9 Aug 23 2023 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2023	Aug. 01, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	0-28082
Entity Registrant Name	KVH Industries, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	05-0420589
Entity Address, Address Line One	50 Enterprise Center
Entity Address, City or Town	Middletown
Entity Address, State or Province	RI
Entity Address, Postal Zip Code	02842
City Area Code	401
Local Phone Number	847-3327
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	KVHI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		19,535,522
Entity Central Index Key	0001007587
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 14,008	$ 21,056
Marketable securities	56,966	55,680
Accounts receivable, net of allowance for credit losses of $1,187 and $1,268 as of June 30, 2023 and December 31, 2022, respectively	26,975	27,427
Inventories	24,179	22,730
Prepaid expenses and other current assets	2,382	3,067
Current contract assets	1,162	1,243
Total current assets	125,672	131,203
Property and equipment, net	50,790	53,118
Intangible assets, net	283	404
Goodwill	5,351	5,308
Right of use assets	1,582	2,168
Other non-current assets	4,588	5,037
Non-current contract assets	2,757	3,033
Deferred income tax asset	258	259
Total assets	191,281	200,530
Current liabilities:
Accounts payable	12,194	20,449
Accrued compensation and employee-related expenses	4,251	7,621
Accrued other	3,605	4,234
Accrued product warranty costs	688	1,287
Contract liabilities	3,310	3,108
Current operating lease liability	1,207	1,532
Liability for uncertain tax positions	674	637
Total current liabilities	25,929	38,868
Long-term operating lease liability	371	636
Long-term contract liabilities	4,220	4,315
Deferred income tax liability	57	55
Total liabilities	30,577	43,874
Commitments and contingencies (Notes 2, 10, and 15)
Stockholders’ equity:
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; none issued	0	0
Common stock, $0.01 par value. Authorized 30,000,000 shares; 20,969,436 and 20,631,152 shares issued at June 30, 2023 and December 31, 2022, respectively; and 19,513,327 and 19,198,458 shares outstanding at June 30, 2023 and December 31, 2022, respectively	210	206
Additional paid-in capital	163,690	160,475
Retained earnings	12,849	11,936
Accumulated other comprehensive loss	(3,955)	(4,110)
Stockholders equity before treasury stock adjustment	172,794	168,507
Less: treasury stock at cost, common stock, 1,456,109 and 1,432,694 shares as of June 30, 2023 and December 31, 2022, respectively.	(12,090)	(11,851)
Total stockholders’ equity	160,704	156,656
Total liabilities and stockholders’ equity	$ 191,281	$ 200,530

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,187	$ 1,268
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	20,969,436	20,631,152
Common stock, shares outstanding (in shares)	19,513,327	19,198,458
Treasury stock at cost, outstanding (in shares)	1,456,109	1,432,694

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Sales:
Net sales	$ 34,171	$ 34,553	$ 67,860	$ 67,704
Costs and expenses:
Research and development	2,416	2,624	4,981	5,635
Sales, marketing and support	5,142	5,676	10,854	12,645
General and administrative	4,122	6,898	8,772	13,973
Total costs and expenses	33,847	35,596	68,084	72,995
Income (loss) from operations	324	(1,043)	(224)	(5,291)
Interest income	885	201	1,663	409
Interest expense	0	1	0	2
Other (expense) income, net	(238)	889	(462)	992
Income (loss) from continuing operations before income tax expense	971	46	977	(3,892)
Income tax expense from continuing operations	46	235	64	564
Net income (loss) from continuing operations	925	(189)	913	(4,456)
Net loss from discontinued operations, net of tax	0	(1,255)	0	(1,680)
Net income (loss)	$ 925	$ (1,444)	$ 913	$ (6,136)
Net income (loss) from continuing operations per common share
Basic (in shares)	$ 0.05	$ (0.01)	$ 0.05	$ (0.24)
Diluted (in shares)	0.05	(0.01)	0.05	(0.24)
Net loss from discontinued operations per common share
Basic (in shares)	0	(0.07)	0	(0.09)
Diluted (in shares)	0	(0.07)	0	(0.09)
Net income (loss) per common share
Basic (in USD per share)	0.05	(0.08)	0.05	(0.33)
Diluted (in USD per share)	$ 0.05	$ (0.08)	$ 0.05	$ (0.33)
Weighted average number of common shares outstanding:
Basic (in shares)	19,153,000	18,564,000	19,018,000	18,507,000
Diluted (in shares)	19,275,000	18,564,000	19,161,000	18,507,000
Product
Sales:
Net sales	$ 5,425	$ 6,620	$ 10,374	$ 13,183
Costs and expenses:
Costs of sales	6,633	5,198	11,867	10,616
Service
Sales:
Net sales	28,746	27,933	57,486	54,521
Costs and expenses:
Costs of sales	$ 15,534	$ 15,200	$ 31,610	$ 30,126

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 925	$ (1,444)	$ 913	$ (6,136)
Other comprehensive income (loss), net of tax:
Unrealized (loss) gain on available-for-sale securities	(1)	0	12	0
Foreign currency translation adjustment	75	(419)	143	(612)
Other comprehensive (loss) income, net of tax	74	(419)	155	(612)
Total comprehensive income (loss)	$ 999	$ (1,863)	$ 1,068	$ (6,748)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained earnings	Accumulated Other Comprehensive Loss		Treasury Stock
Beginning balance (in shares) at Dec. 31, 2021		20,343,000
Beginning balance at Dec. 31, 2021	$ 128,977	$ 203	$ 156,199	$ (12,165)	$ (3,409)		$ (11,851)
Beginning balance, treasury stock (in shares) at Dec. 31, 2021							(1,433,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(6,136)			(6,136)
Other comprehensive income (loss)	(612)				(612)	[1]
Stock-based compensation	1,586		1,586
Issuance of common stock under employee stock purchase plan (in shares)		22,000
Issuance of common stock under employee stock purchase plan	193		193
Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)		138,000
Exercise of stock options and issuance of restricted stock awards, net of forfeitures	151	$ 2	149
Taxes accrued for net share settlement of options	(131)		(131)
Ending balance (in shares) at Jun. 30, 2022		20,503,000
Ending balance at Jun. 30, 2022	124,028	$ 205	157,996	(18,301)	(4,021)		$ (11,851)
Ending balance, treasury stock (in shares) at Jun. 30, 2022							(1,433,000)
Beginning balance (in shares) at Dec. 31, 2021		20,343,000
Beginning balance at Dec. 31, 2021	$ 128,977	$ 203	156,199	(12,165)	(3,409)		$ (11,851)
Beginning balance, treasury stock (in shares) at Dec. 31, 2021							(1,433,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Acquisition of treasury stock (in shares)	0
Ending balance (in shares) at Dec. 31, 2022	19,198,458	20,631,000
Ending balance at Dec. 31, 2022	$ 156,656	$ 206	160,475	11,936	(4,110)		$ (11,851)
Ending balance, treasury stock (in shares) at Dec. 31, 2022	(1,432,694)						(1,433,000)
Beginning balance (in shares) at Mar. 31, 2022		20,328,000
Beginning balance at Mar. 31, 2022	$ 125,035	$ 203	157,142	(16,857)	(3,602)		$ (11,851)
Beginning balance, treasury stock (in shares) at Mar. 31, 2022							(1,433,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,444)			(1,444)
Other comprehensive income (loss)	(419)				(419)	[1]
Stock-based compensation	705		705
Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)		175,000
Exercise of stock options and issuance of restricted stock awards, net of forfeitures	151	$ 2	149
Ending balance (in shares) at Jun. 30, 2022		20,503,000
Ending balance at Jun. 30, 2022	$ 124,028	$ 205	157,996	(18,301)	(4,021)		$ (11,851)
Ending balance, treasury stock (in shares) at Jun. 30, 2022							(1,433,000)
Beginning balance (in shares) at Dec. 31, 2022	19,198,458	20,631,000
Beginning balance at Dec. 31, 2022	$ 156,656	$ 206	160,475	11,936	(4,110)		$ (11,851)
Beginning balance, treasury stock (in shares) at Dec. 31, 2022	(1,432,694)						(1,433,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Acquisition of treasury stock (in shares)	(23,000)
Ending balance (in shares) at Mar. 31, 2023		20,826,000
Ending balance at Mar. 31, 2023	$ 157,792	$ 208	161,779	11,924	(4,029)		$ (12,090)
Ending balance, treasury stock (in shares) at Mar. 31, 2023							(1,456,000)
Beginning balance (in shares) at Dec. 31, 2022	19,198,458	20,631,000
Beginning balance at Dec. 31, 2022	$ 156,656	$ 206	160,475	11,936	(4,110)		$ (11,851)
Beginning balance, treasury stock (in shares) at Dec. 31, 2022	(1,432,694)						(1,433,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 913			913
Other comprehensive income (loss)	155				155	[1]
Stock-based compensation	874		874
Acquisition of treasury stock (in shares)							(23,000)
Acquisition of treasury stock	(239)						$ (239)
Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)		338,000
Exercise of stock options and issuance of restricted stock awards, net of forfeitures	$ 2,345	$ 4	2,341
Ending balance (in shares) at Jun. 30, 2023	19,513,327	20,969,000
Ending balance at Jun. 30, 2023	$ 160,704	$ 210	163,690	12,849	(3,955)		$ (12,090)
Ending balance, treasury stock (in shares) at Jun. 30, 2023	(1,456,109)						(1,456,000)
Beginning balance (in shares) at Mar. 31, 2023		20,826,000
Beginning balance at Mar. 31, 2023	$ 157,792	$ 208	161,779	11,924	(4,029)		$ (12,090)
Beginning balance, treasury stock (in shares) at Mar. 31, 2023							(1,456,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	925			925
Other comprehensive income (loss)	74				74	[1]
Stock-based compensation	578		578
Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)		143,000
Exercise of stock options and issuance of restricted stock awards, net of forfeitures	$ 1,335	$ 2	1,333
Ending balance (in shares) at Jun. 30, 2023	19,513,327	20,969,000
Ending balance at Jun. 30, 2023	$ 160,704	$ 210	$ 163,690	$ 12,849	$ (3,955)		$ (12,090)
Ending balance, treasury stock (in shares) at Jun. 30, 2023	(1,456,109)						(1,456,000)
[1]Tax impact was nominal for all periods.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net income (loss)	$ 913	$ (6,136)
Adjustments to reconcile net loss to net cash used in operating activities:
Provision for doubtful accounts	(1)	367
Depreciation and amortization	6,920	7,158
Deferred income taxes	3	(15)
Loss on disposals of fixed assets	323	216
Compensation expense related to stock-based awards and employee stock purchase plan	874	1,586
Unrealized currency translation loss (gain)	19	(361)
Gain on sale of KVH Media Group Entertainment Limited	0	(631)
Changes in operating assets and liabilities:
Accounts receivable	481	(640)
Inventories	(1,447)	(6,371)
Prepaid expenses, other current assets, and current contract assets	793	(372)
Other non-current assets and non-current contract assets	721	1,252
Accounts payable	(8,260)	(56)
Contract liabilities and long-term contract liabilities	72	114
Accrued compensation, product warranty and other	(4,598)	655
Net cash used in operating activities	(3,187)	(3,234)
Cash flows from investing activities:
Capital expenditures	(4,744)	(8,012)
Cash paid for acquisition of intangible asset	(23)	(28)
Proceeds from the sale of KVH Media Group Entertainment Limited, net of cash sold	0	2,378
Purchases of marketable securities	(16,697)	(10)
Maturities and sales of marketable securities	15,422	8,000
Net cash (used in) provided by investing activities	(6,042)	2,328
Cash flows from financing activities:
Proceeds from stock options exercised and employee stock purchase plan	2,367	333
Purchase of treasury stock	(239)	0
Payment of finance lease	(22)	(132)
Net cash provided by financing activities	2,106	201
Effect of exchange rate changes on cash and cash equivalents	75	(276)
Net decrease in cash and cash equivalents	(7,048)	(981)
Cash and cash equivalents at beginning of period	21,056	11,376
Cash and cash equivalents at end of period	14,008	10,395
Supplemental disclosure of non-cash investing and financing activities:
Changes in accrued other and accounts payable related to property and equipment additions	47	188
Taxes accrued for net share settlement of options	$ 0	$ 131

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business KVH Industries, Inc. (together with its subsidiaries, the Company or KVH) designs, develops, manufactures and markets mobile connectivity products and services for the marine and land markets. KVH’s satellite-only and hybrid products enable marine customers to receive data, Voice over Internet Protocol (VoIP), and value-added services via satellite, cellular, and shore-based Wi-Fi networks onboard commercial, leisure, and military/government vessels. In addition, the Company’s in-motion television terminals permit customers to receive live digital television via regional satellite services in marine vessels, recreational vehicles, buses and automobiles. KVH sells its products through an extensive international network of dealers and distributors. KVH also sells and leases products to service providers and end users. KVH’s service sales represent primarily revenue earned from satellite Internet airtime services. KVH provides, for monthly fixed and per-usage fees, satellite connectivity encompassing broadband Internet and VoIP services, to its TracNet H-series and TracPhone V-HTS series customers via KVH’s global high-throughput satellite (HTS) network. Cellular airtime service increasingly supplements KVH’s satellite-only airtime revenue following the July 2022 launch of the KVH ONE hybrid network and TracNet H-series terminals. This product and service combination integrates global satellite service with KVH-provided cellular service in more than 150 countries, along with shore-based Wi-Fi access. The May 2023 introduction of the KVH ONE OpenNet Program expanded access to KVH's global HTS network and airtime services to non-KVH terminals for the first time. AgilePlans, KVH’s connectivity as a service offering, is a monthly subscription model that provides global connectivity to commercial maritime customers. The subscription includes the choice of satellite-only and hybrid terminals, airtime data service, VoIP, daily news, subsidized shipping and installation, and global support for a monthly fee with no minimum contract commitment. KVH offers AgilePlans subscribers a variety of airtime data plans with varying data speeds and fixed data usage levels with per megabyte overage charges. These airtime plans are similar to those the Company offers to customers who elect to purchase or lease a TracNet H-series or TracPhone V-HTS series terminal. The Company recognizes the monthly AgilePlans subscription fee as service revenue over the service delivery period. The Company retains ownership of the hardware it provides to AgilePlans customers, who must return the hardware to KVH if they decide to terminate the service. Because KVH does not sell the hardware under AgilePlans, the Company does not recognize any product revenue when the hardware is deployed to an AgilePlans customer. KVH records the cost of the hardware used by AgilePlans customers as revenue-generating assets and depreciates the cost over an estimated useful life of five years. Since the Company is retaining ownership of the hardware, it does not accrue any warranty costs for AgilePlans hardware; however, any maintenance costs on the hardware is expensed in the period these costs are incurred. Service sales also include the distribution of commercially licensed entertainment, including news, sports, and movies to commercial customers in the maritime and hotel markets through the KVH Media Group, along with supplemental value-added services. In addition, KVH earns monthly usage fees from third-party satellite connectivity services, including VoIP, data and Internet services, provided to its Inmarsat and Iridium customers who choose to activate their subscriptions with KVH. Service sales also include sales from product repairs and extended warranty sales. On August 9, 2022, the Company sold its inertial navigation business to EMCORE Corporation for net proceeds of $54,904, less specified deductions. On August 9, 2022, the Company also entered into a Transition Services Agreement with EMCORE, pursuant to which the Company agreed to provide certain transition services to support the continued operation of the inertial navigation business for six months following the sale with two extension options of three months each. The fee comprises both fixed monthly fees of approximately $100 as well as variable amounts for certain additional services with escalation increases on the fixed and variable rates for each extension option. The Company does not have any continuing involvement in these operations other than the transition services, which are being recorded as an offset to general and administrative expenses in continuing operations. For the three and six months ended June 30, 2023, the Company recognized an offset to general and administrative expenses associated with the Transition Services Agreement of $196 and $723, respectively. The Company determined that the sale met the requirements for reporting as discontinued operations in accordance with Accounting Standards Codification (ASC) 205-20. Please see Note 16 for the discontinued operations disclosures. As a result of the sale of its inertial navigation business, the Company operates as one reportable segment.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated interim financial statements of KVH Industries, Inc. and its wholly owned subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States of America. The Company has evaluated all subsequent events through the date of this filing. All significant intercompany accounts and transactions have been eliminated in consolidation. The 2022 consolidated interim financial statements reflect the sale of the inertial navigation business as discontinued operations. See Notes 1 and 16 for further information on the sale of the inertial navigation business. The consolidated interim financial statements have not been audited by the Company’s independent registered public accounting firm and include all adjustments (consisting of only normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of the financial condition, results of operations, and cash flows for the periods presented. These consolidated interim financial statements do not include all disclosures associated with annual financial statements and accordingly should be read in conjunction with the Company’s consolidated financial statements and related notes included in the Company’s annual report on Form 10-K for the year ended December 31, 2022 filed on March 16, 2023 with the Securities and Exchange Commission. The results for the three and six months ended June 30, 2023 are not necessarily indicative of operating results for the remainder of the year. Significant Estimates and Assumptions and Other Significant Non-Recurring Transactions The preparation of interim financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the interim financial statements and the reported amounts of sales and expenses during the reporting periods. As described in the Company’s annual report on Form 10-K, the estimates and assumptions used by management affect the Company’s revenue recognition, valuation of accounts receivable, valuation of inventory, expected future cash flows including growth rates, discount rates, terminal values and other assumptions and estimates used to evaluate the recoverability of long-lived assets and goodwill, estimated fair values of long-lived assets, including goodwill, amortization methods and periods, certain accrued expenses and other related charges, stock-based compensation, contingent liabilities, forfeitures and key valuation assumptions for its share-based awards, estimated fulfillment costs for warranty obligations, tax reserves and recoverability of the Company’s net deferred tax assets and related valuation allowance, and the valuation of right-of-use assets and lease liabilities. Although the Company regularly assesses these estimates, actual results could differ materially from these estimates. Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances. Foreign Currency Translation The financial statements of the Company’s foreign subsidiaries located in Denmark and Singapore are maintained using the United States dollar as the functional currency. Exchange rates in effect on the date of the transaction are used to record monetary assets and liabilities. Revenue and other expense elements are recorded at rates that approximate the rates in effect on the transaction dates. Foreign currency exchange gains and losses are recognized within “other (expense) income, net” in the accompanying consolidated statements of operations. The Company recorded a total of net foreign currency exchange (losses) gains, which are comprised of both realized and unrealized foreign currency exchange gains and losses, in its accompanying consolidated statements of operations of $(56) and $284 for the three months ended June 30, 2023 and 2022, respectively, and $(110) and $559 for the six months ended June 30, 2023 and 2022, respectively. The financial statements of the Company’s foreign subsidiaries located in the United Kingdom, Brazil, Norway, Cyprus, India and Japan use the foreign subsidiaries’ respective local currencies as the functional currency. The Company translates the assets and liabilities of these foreign subsidiaries at the exchange rates in effect at the end of each reporting period. Net sales, costs and expenses are translated using average exchange rates in effect during the period. Gains and losses from foreign currency translation are credited or charged to accumulated other comprehensive loss included in stockholders' equity in the accompanying consolidated balance sheets. Management Transition and Restructuring On March 7, 2022, the Company announced that its President and Chief Executive Officer, Martin Kits van Heyningen, was retiring from his executive and Board roles after more than 40 years of service and assuming a consulting position with the Company. As of March 31, 2022, the Company accrued approximately $539 in consulting fees associated with a maximum of 50 hours of transition services through March 31, 2023, which was paid to Mr. Kits van Heyningen over the 12 months following his retirement. As of June 30, 2023 all payments related to the consulting fees had been completed. The associated expenses were included in general and administrative expenses in the accompanying consolidated statements of operations. There were also modifications to Mr. Kits van Heyningen's stock option and restricted stock awards. In March 2022, the Company also restructured its operations to reduce costs and pursue a more focused strategy. The Company reduced its workforce by approximately 10% and began incurring reduced expenses from these actions beginning in the second quarter of 2022. For the three months ended June 30, 2022, the Company incurred $426 in severance payments and other employee benefit costs for employees who had a severance date of June 30, 2022 to December 31, 2022. For the six months ended June 30, 2022, the Company incurred $1,818 in severance and health insurance costs and $327 in legal and advisory fees. The combined expense of $2,145 was included in the financial statement line items of the accompanying consolidated statements of operations as follows: costs of product sales of $17, costs of service sales of $55, research and development of $392, sales, marketing and support of $894, and general and administrative expenses of $787. The Company also modified impacted employee's stock option and restricted stock awards. During the third quarter of 2022, the Company restructured its foreign operations by closing its India and Cyprus offices and its Denmark warehouse to reduce costs. All costs associated with the severance payments, other employee benefits, and legal and advisory fees were incurred in 2022. Dispositions On April 29, 2022, KVH Media Group Limited, the Company's wholly owned subsidiary, sold its subsidiary KVH Media Group Entertainment Limited for net cash proceeds of $2,378. This transaction did not meet the criteria for reporting as discontinued operations under ASC 205-20. The Company recorded a gain on the sale of approximately $630, which is recorded in other income, net in the accompanying consolidated statements of operations. Executive Employment Agreements In May 2022, the Company entered into executive employment agreements with each of Brent C. Bruun, Roger A. Kuebel, Felise Feingold and Robert Balog in order to retain their services and provide them with certain benefits in the event that the Company terminates the executive’s employment without cause (as defined in the agreement) or the executive terminates his or her employment for good reason (as defined in the agreement) (either such termination, a “Qualifying Termination”), including following a change of control. The terms of the agreements are substantially identical except as to title, salary, target bonus and reporting responsibilities. The agreements provided that, if the executive continued to serve as an employee through December 31, 2022 (the “Retention Date”), the Company would pay the executive a retention bonus equal to 75% of the executive’s base salary on the agreement date, and the Company would accelerate the vesting of the executive’s equity awards that would otherwise have vested in the twelve months after the Retention Date. On October 11, 2022, the Company entered into an amendment to the employment agreement with Mr. Bruun that, among other things, increased his annual base salary to $448 per year, retroactive to July 1, 2022, increased his target annual incentive compensation for the second half of 2022 to 80% of his base salary (without changing his target annual incentive compensation for the first half of 2022), extended his Retention Date from December 31, 2022 to December 31, 2023, which effectively extended the period during which Mr. Bruun must remain employed by the Company in order to earn his retention bonus, and modified the amount of the retention bonus from 75% of his base salary in effect on May 2, 2022 to 75% of the highest base salary in effect for Mr. Bruun on or before the date he becomes entitled to receive the retention bonus or the “Partial Retention Bonus” (as defined in the employment agreement). If a Qualifying Termination occurs before December 31, 2023, Mr. Bruun will receive a pro rata portion of the retention bonus. If in connection with such a termination he becomes entitled to receive the change in control severance payments and benefits, he will also become entitled to receive the full retention bonus, and the Retention Date will be the later of the date of such change in control or such termination of employment. The amendment did not modify the terms of the employment agreement relating to acceleration of vesting of certain equity awards if Mr. Bruun remains employed by the Company through December 31, 2022. In January 2023, the Company paid out all contracted benefits to Roger A. Kuebel, Felise Feingold and Robert Balog as the conditions of their agreements were satisfied on December 31, 2022. As of June 30, 2023, the Company has accrued approximately $236 for the retention bonus payable to Brent Bruun. In addition to the amendment to Mr. Bruun’s employment agreement, the Compensation Committee also granted Mr. Bruun a restricted stock award and a non-statutory stock option, which together had an aggregate grant date fair value of approximately $100. The restricted stock award and the non-statutory stock option have terms that are materially consistent with the previously disclosed terms of similar grants to the Company’s executive officers.

Recently Issued Accounting Stan

Recently Issued Accounting Standards	6 Months Ended
	Jun. 30, 2023
Significant Accounting Policies [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards Standards Implemented ASC Update No. 2016-13, ASC Update No. 2018-19, ASC Update No. 2019-04, ASC Update No. 2019-05, ASC Update No. 2019-10, ASC Update No. 2019-11, ASC Update No. 2020-02 and ASC Update No. 2022-02 In June 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Codification (ASC) Update No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The purpose of Update No. 2016-13 is to replace the incurred loss impairment methodology for financial assets measured at amortized cost with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information, including forecasted information, to develop credit loss estimates. Update No. 2016-13 did not have a material impact on the Company's financial position or results of operations. In November 2018, the FASB issued ASC Update No. 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses . This update introduced an expected credit loss methodology for the impairment of financial assets measured at amortized cost. The amendment also clarifies that receivables arising from operating leases are not within the scope of Subtopic 326-20. Instead, impairment of receivables arising from operating leases should be accounted for in accordance with Topic 842, Leases. Update No. 2018-19 did not have a material impact on the Company's financial position or results of operations. In May 2019, the FASB issued ASC Update No. 2019-04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments . This update introduced clarifications of the Board’s intent with respect to accrued interest, the transfer between classifications or categories for loans and debt securities, recoveries, reinsurance recoverables, projects of interest rate environments for variable-rate financial instruments, costs to sell when foreclosure is probable, consideration of expected prepayments when determining the effective interest rate, vintage disclosures, and extension and renewal options. Update No. 2019-04 did not have a material impact on the Company's financial position or results of operations. In May 2019, the FASB issued ASC Update No. 2019-05, Financial Instruments—Credit Losses (Topic 326): Targeted Transition Relief . The amendments in the update ease the transition for entities adopting ASC Update 2016-13 and increase the comparability of financial statement information. With the exception of held-to-maturity debt securities, the amendments allow entities to irrevocably elect to apply the fair value option to financial instruments that were previously recorded at amortized cost basis within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost . Update No. 2019-05 did not have a material impact on the Company's financial position or results of operations. In November 2019, the FASB issued ASC Update No. 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates. The amendments in this update change some effective dates for certain new accounting standards including those pertaining to Topic 326 discussed above, for certain types of entities. Update No. 2019-10 did not have a material impact on the Company's financial position or results of operations. In November 2019, the FASB issued ASC Update No. 2019-11, Codification Improvements to Topic 326, Financial Instruments—Credit Losses (Topic 326). The update is effective for entities that have adopted ASU 2016-13. The purpose of Update No. 2019-11 is to clarify the scope of the recovery guidance to purchased financial assets with credit deterioration. Update No. 2019-11 did not have a material impact on the Company's financial position or results of operations. In February 2020, the FASB issued ASC Update No. 2020-02, Financial Instruments – Credit Losses (Topic 326) and Leases (Topic 842). The purpose of Update No. 2020-02 is to clarify the scope and interpretation of the standard. Update No. 2020-02 did not have a material impact on the Company's financial position or results of operations. In March 2022, the FASB issued ASC update 2022-02, Financial Instruments – Credit Losses (Topic 326) – Troubled Debt Restructurings and Vintage Disclosures . The vintage disclosure portion of this guidance is applicable to the Company, which requires that an entity disclose current-period gross write-offs by year of origination for financing receivables and net investment in leases within the scope of Subtopic 326-20. Gross write-off information must included the amortized cost basis of financing receivables by credit-quality indicator and class of financing receivable by year of origination. Update No. 2022-02 did not have a material impact on the Company's financial position or results of operations. ASC Update No. 2017-04 In January 2017, the FASB issued ASC Update No. 2017-04, Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment . The purpose of Update No. 2017-04 is to eliminate Step 2 from the goodwill impairment test and instead an entity should perform its annual, or interim, goodwill impairment quantitative test by comparing the fair value of a reporting unit with its carrying amount. An entity will then recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value, to the extent of the amount of goodwill allocated to that reporting unit. Update No. 2017-04 did not have a material impact on the Company's financial position or results of operations. There are no other recent accounting pronouncements issued by the FASB that the Company expects would have a material impact on the Company's financial statements.

Marketable Securities

Marketable Securities	6 Months Ended
	Jun. 30, 2023
Marketable Securities [Abstract]
Marketable Securities	Marketable Securities Marketable securities as of June 30, 2023 and December 31, 2022 consisted of the following: June 30, 2023 Amortized Gross Gross Fair Money market mutual funds $ 56,966 $ — $ — $ 56,966 United States treasuries — — — — Total marketable securities designated as available-for-sale $ 56,966 $ — $ — $ 56,966 December 31, 2022 Amortized Gross Gross Fair Money market mutual funds $ 30,977 $ — $ — $ 30,977 United States treasuries 24,715 — (12) 24,703 Total marketable securities designated as available-for-sale $ 55,692 $ — $ (12) $ 55,680 Interest income from marketable securities was $687 and $9 during the three months ended June 30, 2023 and 2022, respectively, and $1,275 and $10 during the six months ended June 30, 2023 and 2022, respectively.

Stockholder's Equity

Stockholder's Equity	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stockholder's Equity	Stockholder's Equity (a) Stock Equity and Incentive Plan The Company recognizes stock-based compensation in accordance with the provisions of ASC Topic 718, Compensation-Stock Compensation . On June 8, 2022, at the Company's 2022 Annual Meeting of Stockholders, the stockholders of the Company approved an amendment and restatement of the Company’s current equity compensation plan to increase the number of shares of common stock reserved for issuance under the plan by 1,280 shares, from 4,800 shares to 6,080 shares (excluding rollover shares). Stock-based compensation expense was $566 and $701, excluding $12 and $4 of compensation charges related to our Amended and Restated 1996 Employee Stock Purchase Plan, or the ESPP, for the three months ended June 30, 2023 and 2022, respectively, and $850 and $1,560, excluding $24 and $26 of compensation shares related to ESPP, for the six months ended June 30, 2023 and 2022, respectively. As of June 30, 2023, there was $2,513 of total unrecognized compensation expense related to stock options, which is expected to be recognized over a weighted-average period of 2.80 years. As of June 30, 2023, there was $2,690 of total unrecognized compensation expense related to restricted stock awards, which is expected to be recognized over a weighted-average period of 3.04 years. Stock Options During the three months ended June 30, 2023, the Company issued 147 shares of common stock upon the exercise of stock options and received $1,345 as payment for the exercise price. No shares were surrendered to the Company to satisfy minimum tax withholding obligations. Additionally, during the three months ended June 30, 2023, no stock options were granted and 261 stock options expired, were canceled or were forfeited. During the six months ended June 30, 2023, the Company issued 260 shares of common stock upon the exercise of stock options and received $2,367 as payment for the exercise price. No shares were surrendered to the Company to satisfy minimum tax withholding obligations. Additionally, during the six months ended June 30, 2023, 317 stock options were granted and 431 stock options expired, were canceled or were forfeited. During the six months ended June 30, 2022, 398 stock options were granted. The Company has historically estimated the fair value of each option grant on the date of grant using the Black-Scholes option-pricing model. The weighted average assumptions utilized to determine the fair value of options granted during the six months ended June 30, 2023 and 2022 are as follows: Six Months Ended June 30, 2023 2022 Risk-free interest rate 4.49 % 2.97 % Expected volatility 43.93 % 43.16 % Expected life (in years) 4.30 4.24 Dividend yield 0 % 0 % As of June 30, 2023, there were 1,377 options outstanding with a weighted average exercise price of $9.55 per share and 565 options exercisable with a weighted average exercise price of $9.63 per share. Restricted Stock During the three months ended June 30, 2023, no shares of restricted stock were granted and 3 shares of restricted stock were forfeited. Additionally, during the three months ended June 30, 2023, 51 shares of restricted stock vested, of which no shares of common stock were surrendered to the Company as payment by employees in lieu of cash to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock. During the six months ended June 30, 2023, 151 shares of restricted stock were granted with a weighted average grant date fair value of $9.81 per share and 72 shares of restricted stock were forfeited. Additionally, during the six months ended June 30, 2023, 94 shares of restricted stock vested, of which no shares of common stock were surrendered to the Company as payment by employees in lieu of cash to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock. As of June 30, 2023, the Company had no unvested outstanding options and no outstanding shares of restricted stock that were subject to performance-based or market-based vesting conditions. Common Stock Repurchase In the first quarter of 2023, the Company’s Board of Directors authorized the repurchase of a portion of executive common stock. The Company repurchased 23 shares of common stock held by executives at the Company to satisfy minimum tax withholding obligations in lieu of cash payment. No shares of common stock were repurchased during the twelve months ended December 31, 2022. (b) Employee Stock Purchase Plan The Company's ESPP affords eligible employees the right to purchase common stock, via payroll deductions, through various offering periods at a purchase price equal to 85% of the fair market value of the common stock on the first or last day of the offering period, whichever is lower. During the three months ended June 30, 2023 and 2022, no shares were issued under the ESPP plan. During the six months ended June 30, 2023 and 2022, 0 and 22 shares were issued under the ESPP plan, respectively. The Company recorded compensation charges related to the ESPP of $12 and $4 for the three months ended June 30, 2023 and 2022, respectively, and $24 and $26 for the six months ended June 30, 2023 and 2022, respectively. (c) Stock-Based Compensation Expense The following table presents stock-based compensation expense, including expense for the ESPP, in the Company's consolidated statements of operations for the three and six months ended June 30, 2023 and 2022: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Cost of product sales $ 9 $ 61 $ 16 $ 135 Cost of service sales 5 3 9 5 Research and development 149 190 237 331 Sales, marketing and support 59 25 97 211 General and administrative 356 426 515 904 $ 578 $ 705 $ 874 $ 1,586 (d) Accumulated Other Comprehensive Loss (AOCL) Comprehensive income (loss) includes net income (loss), unrealized gains and losses from foreign currency translation, and unrealized gains and losses on available for sale marketable securities. The components of the Company’s comprehensive income (loss) and the effect on earnings for the periods presented are detailed in the accompanying consolidated statements of comprehensive income (loss). The balances for the three months ended June 30, 2023 and 2022 are as follows: Foreign Currency Translation Unrealized Gain (Loss) on Available for Sale Marketable Securities Total Accumulated Other Comprehensive Loss Balance, March 31, 2023 $ (4,030) $ 1 $ (4,029) Other comprehensive income (loss) 75 (1) 74 Net other comprehensive income (loss) 75 (1) 74 Balance, June 30, 2023 $ (3,955) $ — $ (3,955) Foreign Currency Translation Total Accumulated Other Comprehensive Loss Balance, March 31, 2022 $ (3,602) $ (3,602) Other comprehensive loss (419) (419) Net other comprehensive loss (419) (419) Balance, June 30, 2022 $ (4,021) $ (4,021) The balances for the six months ended June 30, 2023 and 2022 are as follows: Foreign Currency Translation Unrealized (Loss) Gain on Available for Sale Marketable Securities Total Accumulated Other Comprehensive Loss Balance, December 31, 2022 $ (4,098) $ (12) $ (4,110) Other comprehensive income 143 12 155 Net other comprehensive income 143 12 155 Balance, June 30, 2023 $ (3,955) $ — $ (3,955) Foreign Currency Translation Total Accumulated Other Comprehensive Loss Balance, December 31, 2021 $ (3,409) $ (3,409) Other comprehensive loss (612) (612) Net other comprehensive loss (612) (612) Balance, June 30, 2022 $ (4,021) $ (4,021)

Net Income (Loss) from Continui

Net Income (Loss) from Continuing Operations per Common Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Net Income (Loss) from Continuing Operations per Common Share	Net Income (Loss) from Continuing Operations per Common Share Basic net income (loss) per share is calculated based on the weighted average number of common shares outstanding during the period. Diluted net income per share incorporates the dilutive effect of common stock equivalent options, warrants and other convertible securities, if any, as determined with the treasury stock accounting method. For the three months ended June 30, 2022, since there was a net loss from continuing operations, the Company excluded 2,035 shares underlying outstanding stock options and non-vested restricted shares from its diluted loss per share calculation, as inclusion of these convertible securities would have reduced the net loss per share. For the six months ended June 30, 2022, since there was a net loss from continuing operations, the Company excluded 1,802 shares underlying outstanding stock options and non-vested restricted shares, from its diluted loss per share calculation, as inclusion of these convertible securities would have reduced the net loss per share. A reconciliation of the basic and diluted weighted average common shares outstanding is as follows: Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 Weighted average common shares outstanding—basic 19,153 18,564 19,018 18,507 Dilutive common shares issuable in connection with stock plans 122 — 143 — Weighted average common shares outstanding—diluted 19,275 18,564 19,161 18,507

Inventories

Inventories	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value using the first-in first-out costing method. Inventories as of June 30, 2023 and December 31, 2022 include the costs of material, labor, and factory overhead. Components of inventories consist of the following: June 30, December 31, Raw materials $ 14,748 $ 14,203 Work in process 3,305 4,164 Finished goods 6,126 4,363 $ 24,179 $ 22,730

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment, net, as of June 30, 2023 and December 31, 2022 consist of the following: June 30, December 31, Land $ 2,833 $ 2,833 Building and improvements 18,839 18,869 Leasehold improvements 442 513 Machinery and equipment 5,794 5,948 Revenue-generating assets 75,190 72,527 Office and computer equipment 15,058 14,652 Motor vehicles 31 31 118,187 115,373 Less accumulated depreciation (67,397) (62,255) $ 50,790 $ 53,118 Depreciation expense was $3,404 and $3,243 for the three months ended June 30, 2023 and 2022, respectively and $6,772 and $6,308 for the six months ended June 30, 2023 and 2022, respectively. Certain revenue-generating hardware assets are utilized by the Company in the delivery of the Company's airtime services, media and other content.

Product Warranty

Product Warranty	6 Months Ended
	Jun. 30, 2023
Product Warranties Disclosures [Abstract]
Product Warranty	Product Warranty The Company’s products carry standard limited warranties that range from one The following table summarizes product warranty activity during 2023 and 2022: Six Months Ended June 30, 2023 2022 Beginning balance $ 1,287 $ 1,084 Charges to expense 321 579 Costs incurred (920) (440) Ending balance $ 688 $ 1,223

Legal Matters

Legal Matters	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Legal Matters	Legal Matters In the ordinary course of business, the Company is a party to inquiries, legal proceedings and claims including, from time to time, disagreements with vendors and customers. The Company is not a party to any lawsuit or proceeding that, in management's opinion, is likely to materially harm the Company's business, results of operations, financial condition, or cash flows.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements ASC Topic 820, Fair Value Measurements and Disclosures (ASC 820), provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company’s Level 1 assets are investments in money market mutual funds and United States treasuries. Level 2: Quoted prices for similar assets or liabilities in active markets; or observable prices that are based on observable market data, based on directly or indirectly market-corroborated inputs. The Company has no Level 2 assets or liabilities. Level 3: Unobservable inputs that are supported by little or no market activity, and are developed based on the best information available given the circumstances. The Company has no Level 3 assets. Assets and liabilities measured at fair value are based on the valuation techniques identified in the table below. The following tables present financial assets and liabilities at June 30, 2023 and December 31, 2022 for which the Company measures fair value on a recurring basis, by level, within the fair value hierarchy: June 30, 2023 Total Level 1 Level 2 Level 3 Valuation Assets Money market mutual funds $ 56,966 $ 56,966 $ — $ — (a) December 31, 2022 Total Level 1 Level 2 Level 3 Valuation Assets Money market mutual funds $ 30,977 $ 30,977 $ — $ — (a) United States treasuries $ 24,703 $ 24,703 $ — $ — (a) (a) Market approach—prices and other relevant information generated by market transactions involving identical or comparable assets. The carrying amount of certain financial instruments approximates fair value due to their short-term, highly liquid nature. These instruments include cash and cash equivalents, accounts receivable, accounts payable, and accrued expenses. The carrying amount of the Company's operating and financing lease liabilities approximates fair value based on currently available quoted rates of similarly structured borrowings. Assets Measured and Recorded at Fair Value on a Nonrecurring Basis The Company's non-financial assets, such as goodwill, intangible assets, and other long-lived assets resulting from business combinations, are measured at fair value using income approach valuation methodologies at the date of acquisition and subsequently re-measured if indications of impairment exist. There was no impairment of the Company's non-financial assets noted during the six months ended June 30, 2023. The Company does not have any liabilities that are recorded at fair value on a non-recurring basis.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The following table sets forth the changes in the carrying amount of goodwill for the six months ended June 30, 2023: Amounts Balance at December 31, 2022 $ 5,308 Foreign currency translation adjustment 43 Balance at June 30, 2023 $ 5,351 Intangible Assets The changes in the carrying amount of intangible assets during the six months ended June 30, 2023 are as follows: Amounts Balance at December 31, 2022 $ 404 Amortization expense (148) Intangible assets acquired in asset acquisition 23 Foreign currency translation adjustment 4 Balance at June 30, 2023 $ 283 Intangible assets arose from the acquisition of KVH Media Group (acquired as Headland Media Limited) in May 2013. These intangible assets are being amortized on a straight-line basis over the estimated useful life of 10 years for acquired subscriber relationships. The intangible assets were recorded in pounds sterling and fluctuations in exchange rates cause these amounts to increase or decrease from time to time. In January 2017, the Company completed the acquisition of certain subscriber relationships from a third party. This acquisition did not meet the definition of a business under ASC 2017-01, Business Combinations (Topic 805)-Clarifying the Definition of a Business , which the Company adopted on October 1, 2016. The Company ascribed $100 of the initial purchase price to the acquired subscriber relationships definite-lived intangible assets with an initial estimated useful life of 10 years. Under the asset purchase agreement, the purchase price includes a component of contingent consideration under which the Company is required to pay a percentage of recurring revenues received from the acquired subscriber relationships through 2026 up to a maximum annual payment of $114. As of June 30, 2023, the carrying value of the intangible assets acquired in the asset acquisition was $485. As the acquisition did not represent a business combination, the contingent consideration arrangement is recognized only when the contingency is resolved and the consideration is paid or becomes payable. The amounts payable under the contingent consideration arrangement, if any, will be included in the measurement of the cost of the acquired subscriber relationships. An additional $23 and $28 of consideration was earned under the contingent consideration arrangement during the six months ended June 30, 2023 and 2022, respectively. Acquired intangible assets are subject to amortization. The following table summarizes acquired intangible assets at June 30, 2023 and December 31, 2022, respectively: Gross Carrying Amount Accumulated Amortization Net Carrying Value June 30, 2023 Subscriber relationships $ 7,672 $ 7,389 $ 283 Distribution rights 315 315 — Internally developed software 446 446 — Proprietary content 153 153 — Intellectual property 2,284 2,284 — $ 10,870 $ 10,587 $ 283 December 31, 2022 Subscriber relationships $ 7,649 $ 7,245 $ 404 Distribution rights 315 315 — Internally developed software 446 446 — Proprietary content 153 153 — Intellectual property 2,284 2,284 — $ 10,847 $ 10,443 $ 404 Amortization expense related to intangible assets was $55 and $125 for the three months ended June 30, 2023 and 2022, respectively, and $148 and $319 for the six months ended June 30, 2023 and 2022, respectively. Amortization expense was categorized as general and administrative expense. As of June 30, 2023, the total weighted average remaining useful lives of the definite-lived intangible assets was 0.3 years. Estimated future amortization expense remaining at June 30, 2023 for intangible assets acquired was as follows: Years ending December 31, Remainder of 2023 39 2024 78 2025 78 2026 78 2027 6 2028 and thereafter 4 Total future amortization expense $ 283 For definite-lived intangible assets, the Company assesses the carrying value of these assets whenever events or circumstances indicate that the carrying value may not be recoverable. Recoverability of assets to be held and used is measured by comparing the carrying amount of an asset, or asset group, to the future undiscounted cash flows expected to be generated by the asset, or asset group. There were no events or changes in circumstances during the six months ended June 30, 2023 which indicated that an assessment of the impairment of goodwill and intangible assets was required.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with CustomersIn accordance with ASC 606, revenue is recognized when a customer obtains control of promised products and services. The amount of revenue recognized reflects the consideration which the Company expects to be entitled to receive in exchange for these products and services. Disaggregation of Revenue for Continuing Operations The following table summarizes net sales from contracts with customers for the three and six months ended June 30, 2023 and 2022: Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 Product, transferred at point in time $ 4,544 $ 5,976 $ 9,047 $ 12,083 Product, transferred over time 881 644 1,327 1,100 Service 28,746 27,933 57,486 54,521 Total net sales $ 34,171 $ 34,553 $ 67,860 $ 67,704 Revenue recognized during the three months ended June 30, 2023 and 2022 from amounts included in contract liabilities at the beginning of the period was $846 and $621, respectively. Revenue recognized during the six months ended June 30, 2023 and 2022 from amounts included in contract liabilities at the beginning of the period was $1,293 and $1,073, respectively. For product sales, the delivery of the Company’s performance obligations are generally transferred to the customer, and associated revenue is recognized, at a point in time, with the exception of certain VSAT contracts which are transferred to customers over time. For service sales, the delivery of the Company’s performance obligations are transferred to the customer, and associated revenue is recognized, over time. The Company's performance is impacted by the levels of activity in the marine and land mobile markets, among others. Performance in any particular period could be impacted by the timing of sales to certain large customers. The Company primarily manufactures and distributes a comprehensive family of mobile satellite antenna products and services that provide access to the Internet, television, and VoIP services while on the move. Product sales accounted for 16% and 19% of the Company's consolidated net sales for the three months ended June 30, 2023 and 2022, respectively, and 15% and 19% of the Company's consolidated net sales for the six months ended June 30, 2023 and 2022, respectively. Service sales of VSAT Broadband airtime service accounted for 79% and 75% of the Company's consolidated net sales for the three months ended June 30, 2023 and 2022, respectively, and 80% and 74% of the Company's consolidated net sales for the six months ended June 30, 2023 and 2022, respectively. The balance of service sales are comprised of distribution of commercially licensed entertainment and news, product repairs, and extended warranty sales. No other single product class accounts for 10% or more of the Company's consolidated net sales. The Company operates in a number of major geographic areas, including internationally. Revenues from international locations primarily include Singapore, Canada, European Union countries and other European countries, countries in Africa, Asia/Pacific and the Middle East, and India. Revenues are based upon customer location and internationally represented 66% and 61% of consolidated net sales for the three months ended June 30, 2023 and 2022, respectively, and 66% and 61% of consolidated net sales for the six months ended June 30, 2023 and 2022, respectively. Sales to Singapore customers represented 19% and 16% of the Company's consolidated net sales for the three months ended June 30, 2023 and 2022, respectively. No other individual foreign country represented 10% or more of the Company's consolidated net sales for the three months ended June 30, 2023 and 2022. Sales to Singapore customers represented 18% and 16% of the Company's consolidated net sales for the six months ended June 30, 2023 and 2022, respectively. No other individual foreign country represented 10% or more of the Company's consolidated net sales for the six months ended June 30, 2023 and 2022. As of June 30, 2023 and December 31, 2022, the long-lived tangible assets related to the Company’s international subsidiaries were less than 10% of the Company’s long-lived tangible assets. Business and Credit Concentrations Concentrations of risk with respect to trade accounts receivable are generally limited due to the large number of customers and their dispersion across several geographic areas. Although the Company does not foresee that credit risk associated with these receivables will deviate from historical experience, repayment is dependent upon the financial stability of those individual customers. The Company establishes allowances for credit losses and evaluates, on a monthly basis, the adequacy of those reserves based upon expected losses, historical experience and its expectation for future collectability concerns. No single customer accounted for 10% or more of consolidated net sales for the six months ended June 30, 2023 or 2022. One customer accounted for 22% of accounts receivable at June 30, 2023. Two customers accounted for approximately 16% and 12%, respectively, of accounts receivable at December 31, 2022. One customer accounted for 59% and 66% of long-term accounts receivable included in other non-current assets on the consolidated balance sheets related to sales-type leases at June 30, 2023 and December 31, 2022, respectively. Certain components from third parties used in the Company’s products are procured from single sources of supply. The failure of a supplier, including a subcontractor, to deliver on schedule could delay or interrupt the Company’s delivery of products and thereby materially adversely affect the Company’s revenues and operating results. Customer Contract Balances The following table provides the balance sheet location and amounts of contract assets, or unbilled accounts receivable, and contract liabilities, or deferred revenue, from contracts with customers as of June 30, 2023 and December 31, 2022: Contract Balance Type Balance Sheet Location June 30, 2023 December 31, 2022 Current portion of deferred costs Current contract assets $ 1,162 $ 1,243 Non-current portion of deferred costs Non-current contract assets 2,757 3,033 Current portion of deferred revenues Contract liabilities* 1,708 1,743 Non-current portion of deferred revenues Long-term contract liabilities 4,220 4,315 *Management notes that the remaining “Contract liabilities” balance not included in the above table (which as of June 30, 2023 and December 31, 2022 is $1,602 and $1,365, respectively) relates to deferred income unaffiliated with the Company’s primary revenue streams, the majority of which relates to our content subscription business. These values are therefore excluded from the contract assets and contract liabilities from contracts with customers. There were no material changes to contract asset balances for the six months ended June 30, 2023 as a result of changes in estimates or impairments. The change in the contract liability balance from December 31, 2022 to June 30, 2023 was primarily due to the increase in upfront support billings received in the first six months of 2023 in comparison to revenues recognized in the prior period from historical support billings.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rate from continuing operations for the three and six months ended June 30, 2023 was 4.7% and 6.6%, respectively, compared with 510.9% and (14.5)% for the corresponding period in the prior year. The effective income tax rate is based on estimated income for the year, the estimated composition of the income in different jurisdictions and discrete adjustments, if any, in the applicable periods, including retroactive changes in tax legislation, settlements of tax audits or assessments, and the resolution or identification of tax position uncertainties. For the three and six months ended June 30, 2023 and 2022, the effective tax rates from continuing operations differed from the statutory tax rate primarily due to the Company maintaining a valuation allowance reserve on its U.S. deferred tax assets, discrete tax adjustments and the composition of income from foreign jurisdictions taxed at lower rates. As of June 30, 2023 and December 31, 2022, the Company had reserves for uncertain tax positions of $674 and $637, respectively. There were no material changes during the six months ended June 30, 2023 to the Company’s reserve for uncertain tax positions. The Company estimates that it is reasonably possible that the balance of unrecognized tax benefits as of June 30, 2023 may decrease $37 in the next twelve months as a result of a lapse of statutes of limitations and settlements with taxing authorities. The Company’s tax jurisdictions include the United States, the United Kingdom, Denmark, Cyprus, Norway, Brazil, Singapore, Japan and India. In general, the statute of limitations with respect to the Company's United States federal income taxes has expired for years prior to 2019, and the relevant state and foreign statutes vary. However, preceding years remain open to examination by United States federal and state and foreign taxing authorities to the extent of future utilization of net operating losses and research and development tax credits generated in each preceding year.

Leases

Leases	6 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Leases	Leases Lessee The Company has operating leases for office facilities, equipment, and satellite service capacity and related equipment. Lease expense from continuing operations was $422 and $537 for the three months ended June 30, 2023 and 2022, respectively, and was $874 and $1,081 for the six months ended June 30, 2023 and 2022, respectively. Short-term operating lease costs were $15 and $43 for the three months ended June 30, 2023 and 2022, respectively, and were $40 and $98 for the six months ended June 30, 2023 and 2022, respectively. Maturities of lease liabilities as of June 30, 2023 under operating leases having an initial or remaining non-cancelable term of one year or more are as follows: Remainder of 2023 $ 820 2024 611 2025 92 2026 48 2027 and thereafter 82 Total minimum lease payments $ 1,653 Less amount representing interest $ (75) Present value of net minimum operating lease payments $ 1,578 Less current installments of obligation under current-operating lease liabilities $ 1,207 Obligations under long-term operating lease liabilities, excluding current installments $ 371 Weighted-average remaining lease term - operating leases (years) 1.57 Weighted-average discount rate - operating leases 5.50 % Lessor The Company enters into leases with certain customers primarily for the TracPhone VSAT systems. These leases are classified as sales-type leases because title to the equipment transfers to the customer at the end of the lease term. The Company records the leases at a price typically equivalent to normal selling price and in excess of the cost or carrying amount. Upon delivery, the Company records the net present value of all payments under these leases as product revenue, and the related costs of the product are charged to cost of sales. Interest income is recognized throughout the lease term (typically three The current portion of the net investment in these leases was $4,145 as of June 30, 2023 and the non-current portion of the net investment in these leases was $4,584 as of June 30, 2023. The current portion of the net investment in the leases is included in accounts receivable, net of allowance for doubtful accounts on the accompanying consolidated balance sheets and the non-current portion of the net investment in these leases is included in other non-current assets on the accompanying consolidated balance sheets. Interest income from sales-type leases was $174 and $193 during the three months ended June 30, 2023 and 2022, respectively, and was $342 and $400 during the six months ended June 30, 2023 and 2022, respectively. The future undiscounted cash flows from these leases as of June 30, 2023 are: Remainder of 2023 $ 2,822 2024 3,306 2025 1,972 2026 1,029 2027 493 2028 82 Total undiscounted cash flows $ 9,704 Present value of lease payments $ 8,729 Difference between undiscounted cash flows and discounted cash flows $ 975 In 2021, the Company began entering into three-year leases for its TracPhone VSAT systems, in which ownership of the hardware does not transfer to the lessee by the end of the lease term. As a result, and in light of other factors indicated in ASC 842, these leases are classified as operating leases. As of June 30, 2023, the gross costs and accumulated depreciation associated with these operating leases are included in revenue generating assets and amounted to $1,880 and $704, respectively. They are depreciated on a straight-line basis over a five-year estimated useful life. Depreciation expense for these assets was $94 and $188 for the three and six months ended June 30, 2023, respectively. Lease revenue recognized was $139 and $277 for the three and six months ended June 30, 2023, respectively, in service sales As of June 30, 2023, minimum future lease payments to be recognized on the operating leases are as follows: Remainder of 2023 $ 277 2024 343 2025 25 Total $ 645
Leases	Leases Lessee The Company has operating leases for office facilities, equipment, and satellite service capacity and related equipment. Lease expense from continuing operations was $422 and $537 for the three months ended June 30, 2023 and 2022, respectively, and was $874 and $1,081 for the six months ended June 30, 2023 and 2022, respectively. Short-term operating lease costs were $15 and $43 for the three months ended June 30, 2023 and 2022, respectively, and were $40 and $98 for the six months ended June 30, 2023 and 2022, respectively. Maturities of lease liabilities as of June 30, 2023 under operating leases having an initial or remaining non-cancelable term of one year or more are as follows: Remainder of 2023 $ 820 2024 611 2025 92 2026 48 2027 and thereafter 82 Total minimum lease payments $ 1,653 Less amount representing interest $ (75) Present value of net minimum operating lease payments $ 1,578 Less current installments of obligation under current-operating lease liabilities $ 1,207 Obligations under long-term operating lease liabilities, excluding current installments $ 371 Weighted-average remaining lease term - operating leases (years) 1.57 Weighted-average discount rate - operating leases 5.50 % Lessor The Company enters into leases with certain customers primarily for the TracPhone VSAT systems. These leases are classified as sales-type leases because title to the equipment transfers to the customer at the end of the lease term. The Company records the leases at a price typically equivalent to normal selling price and in excess of the cost or carrying amount. Upon delivery, the Company records the net present value of all payments under these leases as product revenue, and the related costs of the product are charged to cost of sales. Interest income is recognized throughout the lease term (typically three The current portion of the net investment in these leases was $4,145 as of June 30, 2023 and the non-current portion of the net investment in these leases was $4,584 as of June 30, 2023. The current portion of the net investment in the leases is included in accounts receivable, net of allowance for doubtful accounts on the accompanying consolidated balance sheets and the non-current portion of the net investment in these leases is included in other non-current assets on the accompanying consolidated balance sheets. Interest income from sales-type leases was $174 and $193 during the three months ended June 30, 2023 and 2022, respectively, and was $342 and $400 during the six months ended June 30, 2023 and 2022, respectively. The future undiscounted cash flows from these leases as of June 30, 2023 are: Remainder of 2023 $ 2,822 2024 3,306 2025 1,972 2026 1,029 2027 493 2028 82 Total undiscounted cash flows $ 9,704 Present value of lease payments $ 8,729 Difference between undiscounted cash flows and discounted cash flows $ 975 In 2021, the Company began entering into three-year leases for its TracPhone VSAT systems, in which ownership of the hardware does not transfer to the lessee by the end of the lease term. As a result, and in light of other factors indicated in ASC 842, these leases are classified as operating leases. As of June 30, 2023, the gross costs and accumulated depreciation associated with these operating leases are included in revenue generating assets and amounted to $1,880 and $704, respectively. They are depreciated on a straight-line basis over a five-year estimated useful life. Depreciation expense for these assets was $94 and $188 for the three and six months ended June 30, 2023, respectively. Lease revenue recognized was $139 and $277 for the three and six months ended June 30, 2023, respectively, in service sales As of June 30, 2023, minimum future lease payments to be recognized on the operating leases are as follows: Remainder of 2023 $ 277 2024 343 2025 25 Total $ 645
Leases	Leases Lessee The Company has operating leases for office facilities, equipment, and satellite service capacity and related equipment. Lease expense from continuing operations was $422 and $537 for the three months ended June 30, 2023 and 2022, respectively, and was $874 and $1,081 for the six months ended June 30, 2023 and 2022, respectively. Short-term operating lease costs were $15 and $43 for the three months ended June 30, 2023 and 2022, respectively, and were $40 and $98 for the six months ended June 30, 2023 and 2022, respectively. Maturities of lease liabilities as of June 30, 2023 under operating leases having an initial or remaining non-cancelable term of one year or more are as follows: Remainder of 2023 $ 820 2024 611 2025 92 2026 48 2027 and thereafter 82 Total minimum lease payments $ 1,653 Less amount representing interest $ (75) Present value of net minimum operating lease payments $ 1,578 Less current installments of obligation under current-operating lease liabilities $ 1,207 Obligations under long-term operating lease liabilities, excluding current installments $ 371 Weighted-average remaining lease term - operating leases (years) 1.57 Weighted-average discount rate - operating leases 5.50 % Lessor The Company enters into leases with certain customers primarily for the TracPhone VSAT systems. These leases are classified as sales-type leases because title to the equipment transfers to the customer at the end of the lease term. The Company records the leases at a price typically equivalent to normal selling price and in excess of the cost or carrying amount. Upon delivery, the Company records the net present value of all payments under these leases as product revenue, and the related costs of the product are charged to cost of sales. Interest income is recognized throughout the lease term (typically three The current portion of the net investment in these leases was $4,145 as of June 30, 2023 and the non-current portion of the net investment in these leases was $4,584 as of June 30, 2023. The current portion of the net investment in the leases is included in accounts receivable, net of allowance for doubtful accounts on the accompanying consolidated balance sheets and the non-current portion of the net investment in these leases is included in other non-current assets on the accompanying consolidated balance sheets. Interest income from sales-type leases was $174 and $193 during the three months ended June 30, 2023 and 2022, respectively, and was $342 and $400 during the six months ended June 30, 2023 and 2022, respectively. The future undiscounted cash flows from these leases as of June 30, 2023 are: Remainder of 2023 $ 2,822 2024 3,306 2025 1,972 2026 1,029 2027 493 2028 82 Total undiscounted cash flows $ 9,704 Present value of lease payments $ 8,729 Difference between undiscounted cash flows and discounted cash flows $ 975 In 2021, the Company began entering into three-year leases for its TracPhone VSAT systems, in which ownership of the hardware does not transfer to the lessee by the end of the lease term. As a result, and in light of other factors indicated in ASC 842, these leases are classified as operating leases. As of June 30, 2023, the gross costs and accumulated depreciation associated with these operating leases are included in revenue generating assets and amounted to $1,880 and $704, respectively. They are depreciated on a straight-line basis over a five-year estimated useful life. Depreciation expense for these assets was $94 and $188 for the three and six months ended June 30, 2023, respectively. Lease revenue recognized was $139 and $277 for the three and six months ended June 30, 2023, respectively, in service sales As of June 30, 2023, minimum future lease payments to be recognized on the operating leases are as follows: Remainder of 2023 $ 277 2024 343 2025 25 Total $ 645

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations During the third quarter of 2022, the Company sold its inertial navigation business. The Company determined that the sale met the requirements for reporting as discontinued operations in accordance with Accounting Standards Codification (ASC) 205-20. There were no assets or liabilities of the inertial navigation business as of December 31, 2022 or June 30, 2023. Please see Note 1 for further discussion. The following table presents a reconciliation of the major financial line items constituting the results for discontinued operations to the net income from discontinued operations, net of tax, presented separately in the Company's consolidated statement of operations for the three and six months ended 2022: Three Months Ended Six Months Ended June 30, June 30, 2022 2022 Sales: Product $ 6,959 $ 14,766 Service 325 461 Net sales 7,284 15,227 Costs and expenses: Costs of product sales 5,917 11,228 Costs of service sales 222 288 Research and development 1,135 2,773 Sales, marketing and support 1,299 2,687 Loss from discontinued operations before income tax expense (1,289) (1,749) Other income, net 34 69 Loss from discontinued operations before tax expense $ (1,255) $ (1,680) Income tax expense on discontinued operations — — Net loss from discontinued operations, net of tax $ (1,255) $ (1,680) Net loss from discontinued operations per common share Basic $ (0.07) $ (0.09) Diluted $ (0.07) $ (0.09) Weighted average number of common shares outstanding: Basic 18,564 18,507 Diluted 18,564 18,507 The following table presents supplemental cash flow information of the discontinued operations: Three Months Ended Six Months Ended June 30, June 30, 2022 2022 Cash used in operating activities - discontinued operations $ (3,967) $ (3,601) Cash provided by (used in) investing activities - discontinued operations $ 35 $ (87) The following table presents non-cash expenses from discontinued operations: Three Months Ended Six Months Ended June 30, June 30, 2022 2022 Depreciation $ 223 $ 531 Compensation expense related to stock-based awards and employee stock purchase plan $ 91 $ 238

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated interim financial statements of KVH Industries, Inc. and its wholly owned subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States of America. The Company has evaluated all subsequent events through the date of this filing. All significant intercompany accounts and transactions have been eliminated in consolidation. The 2022 consolidated interim financial statements reflect the sale of the inertial navigation business as discontinued operations. See Notes 1 and 16 for further information on the sale of the inertial navigation business. The consolidated interim financial statements have not been audited by the Company’s independent registered public accounting firm and include all adjustments (consisting of only normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of the financial condition, results of operations, and cash flows for the periods presented. These consolidated interim financial statements do not include all disclosures associated with annual financial statements and accordingly should be read in conjunction with the Company’s consolidated financial statements and related notes included in the Company’s annual report on Form 10-K for the year ended December 31, 2022 filed on March 16, 2023 with the Securities and Exchange Commission. The results for the three and six months ended June 30, 2023 are not necessarily indicative of operating results for the remainder of the year.
Significant Estimates and Assumptions and Other Significant Non-Recurring Transactions	Significant Estimates and Assumptions and Other Significant Non-Recurring Transactions The preparation of interim financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the interim financial statements and the reported amounts of sales and expenses during the reporting periods. As described in the Company’s annual report on Form 10-K, the estimates and assumptions used by management affect the Company’s revenue recognition, valuation of accounts receivable, valuation of inventory, expected future cash flows including growth rates, discount rates, terminal values and other assumptions and estimates used to evaluate the recoverability of long-lived assets and goodwill, estimated fair values of long-lived assets, including goodwill, amortization methods and periods, certain accrued expenses and other related charges, stock-based compensation, contingent liabilities, forfeitures and key valuation assumptions for its share-based awards, estimated fulfillment costs for warranty obligations, tax reserves and recoverability of the Company’s net deferred tax assets and related valuation allowance, and the valuation of right-of-use assets and lease liabilities.
Accounting Standards Issued and Not Yet Adopted	Recently Issued Accounting Standards Standards Implemented ASC Update No. 2016-13, ASC Update No. 2018-19, ASC Update No. 2019-04, ASC Update No. 2019-05, ASC Update No. 2019-10, ASC Update No. 2019-11, ASC Update No. 2020-02 and ASC Update No. 2022-02 In June 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Codification (ASC) Update No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The purpose of Update No. 2016-13 is to replace the incurred loss impairment methodology for financial assets measured at amortized cost with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information, including forecasted information, to develop credit loss estimates. Update No. 2016-13 did not have a material impact on the Company's financial position or results of operations. In November 2018, the FASB issued ASC Update No. 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses . This update introduced an expected credit loss methodology for the impairment of financial assets measured at amortized cost. The amendment also clarifies that receivables arising from operating leases are not within the scope of Subtopic 326-20. Instead, impairment of receivables arising from operating leases should be accounted for in accordance with Topic 842, Leases. Update No. 2018-19 did not have a material impact on the Company's financial position or results of operations. In May 2019, the FASB issued ASC Update No. 2019-04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments . This update introduced clarifications of the Board’s intent with respect to accrued interest, the transfer between classifications or categories for loans and debt securities, recoveries, reinsurance recoverables, projects of interest rate environments for variable-rate financial instruments, costs to sell when foreclosure is probable, consideration of expected prepayments when determining the effective interest rate, vintage disclosures, and extension and renewal options. Update No. 2019-04 did not have a material impact on the Company's financial position or results of operations. In May 2019, the FASB issued ASC Update No. 2019-05, Financial Instruments—Credit Losses (Topic 326): Targeted Transition Relief . The amendments in the update ease the transition for entities adopting ASC Update 2016-13 and increase the comparability of financial statement information. With the exception of held-to-maturity debt securities, the amendments allow entities to irrevocably elect to apply the fair value option to financial instruments that were previously recorded at amortized cost basis within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost . Update No. 2019-05 did not have a material impact on the Company's financial position or results of operations. In November 2019, the FASB issued ASC Update No. 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates. The amendments in this update change some effective dates for certain new accounting standards including those pertaining to Topic 326 discussed above, for certain types of entities. Update No. 2019-10 did not have a material impact on the Company's financial position or results of operations. In November 2019, the FASB issued ASC Update No. 2019-11, Codification Improvements to Topic 326, Financial Instruments—Credit Losses (Topic 326). The update is effective for entities that have adopted ASU 2016-13. The purpose of Update No. 2019-11 is to clarify the scope of the recovery guidance to purchased financial assets with credit deterioration. Update No. 2019-11 did not have a material impact on the Company's financial position or results of operations. In February 2020, the FASB issued ASC Update No. 2020-02, Financial Instruments – Credit Losses (Topic 326) and Leases (Topic 842). The purpose of Update No. 2020-02 is to clarify the scope and interpretation of the standard. Update No. 2020-02 did not have a material impact on the Company's financial position or results of operations. In March 2022, the FASB issued ASC update 2022-02, Financial Instruments – Credit Losses (Topic 326) – Troubled Debt Restructurings and Vintage Disclosures . The vintage disclosure portion of this guidance is applicable to the Company, which requires that an entity disclose current-period gross write-offs by year of origination for financing receivables and net investment in leases within the scope of Subtopic 326-20. Gross write-off information must included the amortized cost basis of financing receivables by credit-quality indicator and class of financing receivable by year of origination. Update No. 2022-02 did not have a material impact on the Company's financial position or results of operations. ASC Update No. 2017-04 In January 2017, the FASB issued ASC Update No. 2017-04, Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment . The purpose of Update No. 2017-04 is to eliminate Step 2 from the goodwill impairment test and instead an entity should perform its annual, or interim, goodwill impairment quantitative test by comparing the fair value of a reporting unit with its carrying amount. An entity will then recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value, to the extent of the amount of goodwill allocated to that reporting unit. Update No. 2017-04 did not have a material impact on the Company's financial position or results of operations. There are no other recent accounting pronouncements issued by the FASB that the Company expects would have a material impact on the Company's financial statements.
Stock Equity and Incentive Plan	The Company recognizes stock-based compensation in accordance with the provisions of ASC Topic 718, Compensation-Stock Compensation
Fair Value Measurement	ASC Topic 820, Fair Value Measurements and Disclosures (ASC 820), provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company’s Level 1 assets are investments in money market mutual funds and United States treasuries. Level 2: Quoted prices for similar assets or liabilities in active markets; or observable prices that are based on observable market data, based on directly or indirectly market-corroborated inputs. The Company has no Level 2 assets or liabilities. Level 3: Unobservable inputs that are supported by little or no market activity, and are developed based on the best information available given the circumstances. The Company has no Level 3 assets.

Marketable Securities (Tables)

Marketable Securities (Tables)	6 Months Ended
	Jun. 30, 2023
Marketable Securities [Abstract]
Marketable Securities	Marketable securities as of June 30, 2023 and December 31, 2022 consisted of the following: June 30, 2023 Amortized Gross Gross Fair Money market mutual funds $ 56,966 $ — $ — $ 56,966 United States treasuries — — — — Total marketable securities designated as available-for-sale $ 56,966 $ — $ — $ 56,966 December 31, 2022 Amortized Gross Gross Fair Money market mutual funds $ 30,977 $ — $ — $ 30,977 United States treasuries 24,715 — (12) 24,703 Total marketable securities designated as available-for-sale $ 55,692 $ — $ (12) $ 55,680

Stockholder's Equity (Tables)

Stockholder's Equity (Tables)	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Schedule of share-based payment award, stock options, valuation assumptions	The weighted average assumptions utilized to determine the fair value of options granted during the six months ended June 30, 2023 and 2022 are as follows: Six Months Ended June 30, 2023 2022 Risk-free interest rate 4.49 % 2.97 % Expected volatility 43.93 % 43.16 % Expected life (in years) 4.30 4.24 Dividend yield 0 % 0 %
Schedule of share-based compensation, employee stock purchase plan	The following table presents stock-based compensation expense, including expense for the ESPP, in the Company's consolidated statements of operations for the three and six months ended June 30, 2023 and 2022: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Cost of product sales $ 9 $ 61 $ 16 $ 135 Cost of service sales 5 3 9 5 Research and development 149 190 237 331 Sales, marketing and support 59 25 97 211 General and administrative 356 426 515 904 $ 578 $ 705 $ 874 $ 1,586
Schedule of accumulated other comprehensive income (loss)	The balances for the three months ended June 30, 2023 and 2022 are as follows: Foreign Currency Translation Unrealized Gain (Loss) on Available for Sale Marketable Securities Total Accumulated Other Comprehensive Loss Balance, March 31, 2023 $ (4,030) $ 1 $ (4,029) Other comprehensive income (loss) 75 (1) 74 Net other comprehensive income (loss) 75 (1) 74 Balance, June 30, 2023 $ (3,955) $ — $ (3,955) Foreign Currency Translation Total Accumulated Other Comprehensive Loss Balance, March 31, 2022 $ (3,602) $ (3,602) Other comprehensive loss (419) (419) Net other comprehensive loss (419) (419) Balance, June 30, 2022 $ (4,021) $ (4,021) The balances for the six months ended June 30, 2023 and 2022 are as follows: Foreign Currency Translation Unrealized (Loss) Gain on Available for Sale Marketable Securities Total Accumulated Other Comprehensive Loss Balance, December 31, 2022 $ (4,098) $ (12) $ (4,110) Other comprehensive income 143 12 155 Net other comprehensive income 143 12 155 Balance, June 30, 2023 $ (3,955) $ — $ (3,955) Foreign Currency Translation Total Accumulated Other Comprehensive Loss Balance, December 31, 2021 $ (3,409) $ (3,409) Other comprehensive loss (612) (612) Net other comprehensive loss (612) (612) Balance, June 30, 2022 $ (4,021) $ (4,021)

Net Income (Loss) from Contin_2

Net Income (Loss) from Continuing Operations per Common Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of reconciliation of basic and diluted weighted average common shares outstanding	A reconciliation of the basic and diluted weighted average common shares outstanding is as follows: Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 Weighted average common shares outstanding—basic 19,153 18,564 19,018 18,507 Dilutive common shares issuable in connection with stock plans 122 — 143 — Weighted average common shares outstanding—diluted 19,275 18,564 19,161 18,507

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Components of inventories	Components of inventories consist of the following: June 30, December 31, Raw materials $ 14,748 $ 14,203 Work in process 3,305 4,164 Finished goods 6,126 4,363 $ 24,179 $ 22,730

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment, net, as of June 30, 2023 and December 31, 2022 consist of the following: June 30, December 31, Land $ 2,833 $ 2,833 Building and improvements 18,839 18,869 Leasehold improvements 442 513 Machinery and equipment 5,794 5,948 Revenue-generating assets 75,190 72,527 Office and computer equipment 15,058 14,652 Motor vehicles 31 31 118,187 115,373 Less accumulated depreciation (67,397) (62,255) $ 50,790 $ 53,118

Product Warranty (Tables)

Product Warranty (Tables)	6 Months Ended
	Jun. 30, 2023
Product Warranties Disclosures [Abstract]
Summary of product warranty activity	The following table summarizes product warranty activity during 2023 and 2022: Six Months Ended June 30, 2023 2022 Beginning balance $ 1,287 $ 1,084 Charges to expense 321 579 Costs incurred (920) (440) Ending balance $ 688 $ 1,223

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on recurring basis	The following tables present financial assets and liabilities at June 30, 2023 and December 31, 2022 for which the Company measures fair value on a recurring basis, by level, within the fair value hierarchy: June 30, 2023 Total Level 1 Level 2 Level 3 Valuation Assets Money market mutual funds $ 56,966 $ 56,966 $ — $ — (a) December 31, 2022 Total Level 1 Level 2 Level 3 Valuation Assets Money market mutual funds $ 30,977 $ 30,977 $ — $ — (a) United States treasuries $ 24,703 $ 24,703 $ — $ — (a) (a) Market approach—prices and other relevant information generated by market transactions involving identical or comparable assets.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	The following table sets forth the changes in the carrying amount of goodwill for the six months ended June 30, 2023: Amounts Balance at December 31, 2022 $ 5,308 Foreign currency translation adjustment 43 Balance at June 30, 2023 $ 5,351
Schedule of finite-lived intangible assets	The changes in the carrying amount of intangible assets during the six months ended June 30, 2023 are as follows: Amounts Balance at December 31, 2022 $ 404 Amortization expense (148) Intangible assets acquired in asset acquisition 23 Foreign currency translation adjustment 4 Balance at June 30, 2023 $ 283 Acquired intangible assets are subject to amortization. The following table summarizes acquired intangible assets at June 30, 2023 and December 31, 2022, respectively: Gross Carrying Amount Accumulated Amortization Net Carrying Value June 30, 2023 Subscriber relationships $ 7,672 $ 7,389 $ 283 Distribution rights 315 315 — Internally developed software 446 446 — Proprietary content 153 153 — Intellectual property 2,284 2,284 — $ 10,870 $ 10,587 $ 283 December 31, 2022 Subscriber relationships $ 7,649 $ 7,245 $ 404 Distribution rights 315 315 — Internally developed software 446 446 — Proprietary content 153 153 — Intellectual property 2,284 2,284 — $ 10,847 $ 10,443 $ 404
Schedule of expected amortization expense	Estimated future amortization expense remaining at June 30, 2023 for intangible assets acquired was as follows: Years ending December 31, Remainder of 2023 39 2024 78 2025 78 2026 78 2027 6 2028 and thereafter 4 Total future amortization expense $ 283

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of revenue	The following table summarizes net sales from contracts with customers for the three and six months ended June 30, 2023 and 2022: Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 Product, transferred at point in time $ 4,544 $ 5,976 $ 9,047 $ 12,083 Product, transferred over time 881 644 1,327 1,100 Service 28,746 27,933 57,486 54,521 Total net sales $ 34,171 $ 34,553 $ 67,860 $ 67,704
Schedule of customer contract balances	The following table provides the balance sheet location and amounts of contract assets, or unbilled accounts receivable, and contract liabilities, or deferred revenue, from contracts with customers as of June 30, 2023 and December 31, 2022: Contract Balance Type Balance Sheet Location June 30, 2023 December 31, 2022 Current portion of deferred costs Current contract assets $ 1,162 $ 1,243 Non-current portion of deferred costs Non-current contract assets 2,757 3,033 Current portion of deferred revenues Contract liabilities* 1,708 1,743 Non-current portion of deferred revenues Long-term contract liabilities 4,220 4,315 *Management notes that the remaining “Contract liabilities” balance not included in the above table (which as of June 30, 2023 and December 31, 2022 is $1,602 and $1,365, respectively) relates to deferred income unaffiliated with the Company’s primary revenue streams, the majority of which relates to our content subscription business. These values are therefore excluded from the contract assets and contract liabilities from contracts with customers.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Future minimum lease payments under operating leases	Maturities of lease liabilities as of June 30, 2023 under operating leases having an initial or remaining non-cancelable term of one year or more are as follows: Remainder of 2023 $ 820 2024 611 2025 92 2026 48 2027 and thereafter 82 Total minimum lease payments $ 1,653 Less amount representing interest $ (75) Present value of net minimum operating lease payments $ 1,578 Less current installments of obligation under current-operating lease liabilities $ 1,207 Obligations under long-term operating lease liabilities, excluding current installments $ 371 Weighted-average remaining lease term - operating leases (years) 1.57 Weighted-average discount rate - operating leases 5.50 %
Sales-type lease, future undiscounted cash flows	The future undiscounted cash flows from these leases as of June 30, 2023 are: Remainder of 2023 $ 2,822 2024 3,306 2025 1,972 2026 1,029 2027 493 2028 82 Total undiscounted cash flows $ 9,704 Present value of lease payments $ 8,729 Difference between undiscounted cash flows and discounted cash flows $ 975
Future minimum lease payments to be received under operating leases	As of June 30, 2023, minimum future lease payments to be recognized on the operating leases are as follows: Remainder of 2023 $ 277 2024 343 2025 25 Total $ 645

Discontinued Operations - (Tabl

Discontinued Operations - (Tables)	6 Months Ended
	Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	The following table presents a reconciliation of the major financial line items constituting the results for discontinued operations to the net income from discontinued operations, net of tax, presented separately in the Company's consolidated statement of operations for the three and six months ended 2022: Three Months Ended Six Months Ended June 30, June 30, 2022 2022 Sales: Product $ 6,959 $ 14,766 Service 325 461 Net sales 7,284 15,227 Costs and expenses: Costs of product sales 5,917 11,228 Costs of service sales 222 288 Research and development 1,135 2,773 Sales, marketing and support 1,299 2,687 Loss from discontinued operations before income tax expense (1,289) (1,749) Other income, net 34 69 Loss from discontinued operations before tax expense $ (1,255) $ (1,680) Income tax expense on discontinued operations — — Net loss from discontinued operations, net of tax $ (1,255) $ (1,680) Net loss from discontinued operations per common share Basic $ (0.07) $ (0.09) Diluted $ (0.07) $ (0.09) Weighted average number of common shares outstanding: Basic 18,564 18,507 Diluted 18,564 18,507 The following table presents supplemental cash flow information of the discontinued operations: Three Months Ended Six Months Ended June 30, June 30, 2022 2022 Cash used in operating activities - discontinued operations $ (3,967) $ (3,601) Cash provided by (used in) investing activities - discontinued operations $ 35 $ (87) The following table presents non-cash expenses from discontinued operations: Three Months Ended Six Months Ended June 30, June 30, 2022 2022 Depreciation $ 223 $ 531 Compensation expense related to stock-based awards and employee stock purchase plan $ 91 $ 238

Description of Business (Detail

Description of Business (Details) $ in Thousands		3 Months Ended	6 Months Ended
	Aug. 09, 2022 USD ($) extensionOption	Jun. 30, 2023 USD ($) country	Jun. 30, 2023 USD ($) country reportableSegment	Jun. 30, 2022 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of countries in which entity operates | country		150	150
Proceeds from the sale of KVH Media Group Entertainment Limited, net of cash sold			$ 0	$ 2,378
Discontinued operations, general and administrative expense		$ 196	$ 723
Number of reportable segments | reportableSegment			1
Revenue-generating assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Leased assets, useful life		5 years	5 years
Intertial Navigation | Intertial Navigation
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from the sale of KVH Media Group Entertainment Limited, net of cash sold	$ 54,904
Transition support service period	6 months
Transition support service, number of extensions | extensionOption	2
Transition support service, extension period	3 months
Monthly transaction fees	$ 100

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) $ in Thousands				1 Months Ended	3 Months Ended			6 Months Ended
	Oct. 11, 2022 USD ($)	Apr. 29, 2022 USD ($)	Mar. 07, 2022	Mar. 31, 2022	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($) hour	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Accounting Policies [Line Items]
Foreign currency exchange gains (losses)					$ (56)	$ 284		$ (110)	$ 559
Management transition expense							$ 539
Percentage of workforce reduction				10%
Restructuring charges									2,145
Proceeds from the sale of KVH Media Group Entertainment Limited, net of cash sold								$ 0	2,378
Gain on sale of properties						630
Executive retention bonus, percent of executive's base salary								75%
Accrued employee benefits					$ 236			$ 236
KVH Media Group
Accounting Policies [Line Items]
Proceeds from the sale of KVH Media Group Entertainment Limited, net of cash sold		$ 2,378
Cost of Sales | Product
Accounting Policies [Line Items]
Restructuring charges									17
Cost of Sales | Service
Accounting Policies [Line Items]
Restructuring charges									55
Research and development
Accounting Policies [Line Items]
Restructuring charges									392
Sales, marketing and support
Accounting Policies [Line Items]
Restructuring charges									894
General and administrative
Accounting Policies [Line Items]
Restructuring charges									787
Employee Severance
Accounting Policies [Line Items]
Restructuring charges						$ 426			1,818
Legal And Advisory Fees
Accounting Policies [Line Items]
Restructuring charges									$ 327
President And Chief Executive Officer
Accounting Policies [Line Items]
Years of service			40 years
Management transition hours | hour							50
Chief Operating Officer
Accounting Policies [Line Items]
Annual base salary	$ 448
Percent of base salary, second half of year	80%
Retention bonus, percent of base salary	75%
Retention bonus, percent of highest base salary	75%
Chief Operating Officer | Restricted Stock And Non-Statutory Stock Options
Accounting Policies [Line Items]
Aggregate grant date fair value	$ 100

Marketable Securities (Details)

Marketable Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 56,966	$ 55,692
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	(12)
Fair Value	56,966	55,680
Money market mutual funds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	56,966	30,977
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	56,966	30,977
United States treasuries
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	0	24,715
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	(12)
Fair Value	$ 0	$ 24,703

Marketable Securities - Narrati

Marketable Securities - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Marketable Securities [Abstract]
Interest income, money market deposits	$ 687	$ 9	$ 1,275	$ 10

Stockholder's Equity - Narrativ

Stockholder's Equity - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 08, 2022	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Jun. 07, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment		$ 578		$ 705	$ 874	$ 1,586
Proceeds from stock options exercised and employee stock purchase plan					2,367	$ 333
Acquisition of treasury stock (in shares)			23,000				0
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Increase in shares authorized (in shares)	1,280
Shares authorized (in shares)	6,080							4,800
Unrecognized compensation expense		$ 2,513			$ 2,513
Weighted-average period of recognition					2 years 9 months 18 days
Shares issued (in shares)		147,000			260,000
Proceeds from stock options exercised and employee stock purchase plan		$ 1,345			$ 2,367
Restricted stock surrendered (in shares)		0			0
Stock options granted (in shares)		0			317,000	398,000
Stock options expired (in shares)		261,000			431,000
Stock options outstanding (in shares)		1,377,000			1,377,000
Stock options outstanding, weighted average exercise price (in USD per share)		$ 9.55			$ 9.55
Stock options exercisable (in shares)		565,000			565,000
Exercisable stock options, weighted average exercise price (in USD per share)		$ 9.63			$ 9.63
Stock Options | ESPP Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment		$ 566		701	$ 850	$ 1,560
Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment		$ 12		$ 4
Employee Stock | ESPP Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment					$ 24	$ 26
Percentage of Company's common stock share price		85%			85%
Stock options issued ESPP (in shares)		0		0	0	22,000
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 2,690			$ 2,690
Weighted-average period of recognition					3 years 14 days
Restricted stock surrendered (in shares)		0			0
Restricted stock (in shares)		0			151,000
Restricted stock, weighted average price (in USD per share)					$ 9.81
Restricted stock award, forfeitures, less than (in shares)		3,000			72,000
Restricted stock vested (in shares)		51,000			94,000
Unvested outstanding options (in shares)		0			0
Performance-Based or Market-Based Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested outstanding options (in shares)		0			0

Stockholder's Equity Weighted A

Stockholder's Equity Weighted Average Assumptions (Details) - Stock Options	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	4.49%	2.97%
Expected volatility	43.93%	43.16%
Expected life (in years)	4 years 3 months 18 days	4 years 2 months 26 days
Dividend yield	0%	0%

Stockholder's Equity - Schedule

Stockholder's Equity - Schedule of Stock Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	$ 578	$ 705	$ 874	$ 1,586
Cost of Sales | Product
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	9	61	16	135
Cost of Sales | Service
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	5	3	9	5
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	149	190	237	331
Sales, marketing and support
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	59	25	97	211
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	$ 356	$ 426	$ 515	$ 904

Stockholder's Equity - Schedu_2

Stockholder's Equity - Schedule of AOCI (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
AOCI Attributable to Parent [Roll Forward]
Beginning balance		$ 157,792	$ 125,035	$ 156,656	$ 128,977
Other comprehensive income (loss)		74	(419)	155	(612)
Net other comprehensive income (loss)		74	(419)	155	(612)
Ending balance		160,704	124,028	160,704	124,028
Foreign Currency Translation
AOCI Attributable to Parent [Roll Forward]
Beginning balance		(4,030)	(3,602)	(4,098)	(3,409)
Other comprehensive income (loss)		75	(419)	143	(612)
Net other comprehensive income (loss)		75	(419)	143	(612)
Ending balance		(3,955)	(4,021)	(3,955)	(4,021)
Unrealized Loss on Available for Sale Marketable Securities
AOCI Attributable to Parent [Roll Forward]
Beginning balance		1		(12)
Other comprehensive income (loss)		(1)		12
Net other comprehensive income (loss)		(1)		12
Ending balance		0		0
Total Accumulated Other Comprehensive Loss
AOCI Attributable to Parent [Roll Forward]
Beginning balance		(4,029)	(3,602)	(4,110)	(3,409)
Net other comprehensive income (loss)	[1]	74	(419)	155	(612)
Ending balance		$ (3,955)	$ (4,021)	$ (3,955)	$ (4,021)
[1]Tax impact was nominal for all periods.

Net Income (Loss) from Contin_3

Net Income (Loss) from Continuing Operations per Common Share - Narrative (Details) - shares shares in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	2,035	1,802

Net Income (Loss) from Contin_4

Net Income (Loss) from Continuing Operations per Common Share - Reconciliation of Basic and Diluted Weighted Average Common Shares Outstanding (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Schedule of reconciliation of basic and diluted weighted average common shares outstanding
Weighted average common shares outstanding - basic (in shares)	19,153,000	18,564,000	19,018,000	18,507,000
Dilutive common shares issuable in connection with stock plans (in shares)	122,000	0	143,000	0
Weighted average common shares outstanding - diluted (in shares)	19,275,000	18,564,000	19,161,000	18,507,000

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 14,748	$ 14,203
Work in process	3,305	4,164
Finished goods	6,126	4,363
Inventories, net	$ 24,179	$ 22,730

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 118,187	$ 115,373
Less accumulated depreciation	(67,397)	(62,255)
Property and equipment, less accumulated depreciation	50,790	53,118
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,833	2,833
Building and improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	18,839	18,869
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	442	513
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	5,794	5,948
Revenue-generating assets
Property, Plant and Equipment [Line Items]
Property and equipment, gross	75,190	72,527
Office and computer equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	15,058	14,652
Motor vehicles
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 31	$ 31

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Depreciation	$ 3,404	$ 3,243	$ 6,772	$ 6,308

Product Warranty - Narrative (D

Product Warranty - Narrative (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Product Warranty (Textual) [Abstract]
Accrued product warranty costs	$ 688	$ 1,287
Minimum
Product Warranty (Textual) [Abstract]
Limited warranty period on product	1 year
Maximum
Product Warranty (Textual) [Abstract]
Limited warranty period on product	2 years

Product Warranty - Schedule of

Product Warranty - Schedule of Product Warranty Activity (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Summary of product warranty activity
Beginning balance	$ 1,287	$ 1,084
Charges to expense	321	579
Costs incurred	(920)	(440)
Ending balance	$ 688	$ 1,223

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Money market mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 56,966	$ 30,977
United States treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		24,703
Fair Value, Inputs, Level 1 | Money market mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	56,966	30,977
Fair Value, Inputs, Level 1 | United States treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		24,703
Fair Value, Inputs, Level 2 | Money market mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Fair Value, Inputs, Level 2 | United States treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		0
Fair Value, Inputs, Level 3 | Money market mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 0	0
Fair Value, Inputs, Level 3 | United States treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details)	6 Months Ended
	Jun. 30, 2023 USD ($)
Fair Value Disclosures [Abstract]
Goodwill and other intangible asset impairment	$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Goodwill Changes in Carrying Amount (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 5,308
Foreign currency translation adjustment	43
Ending balance	$ 5,351

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Intangible Assets Changes in Carrying Amount (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Finite-lived Intangible Assets [Roll Forward]
Beginning balance	$ 404
Amortization expense	(148)
Foreign currency translation adjustment	4
Ending balance	$ 283

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 31, 2017	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jan. 01, 2017
Finite-Lived Intangible Assets [Line Items]
Amortization expense				$ 148
Weighted average remaining useful lives		3 months 18 days		3 months 18 days
General and administrative
Finite-Lived Intangible Assets [Line Items]
Amortization expense		$ 55	$ 125	$ 148	$ 319
Headland Media Limited | Subscriber relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful lives		10 years		10 years
Q1 2017 Acquisition
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired				$ 485
Contingent consideration, value, high						$ 114
Q1 2017 Acquisition | Subscriber relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful lives	10 years
Finite-lived intangible assets acquired	$ 100
Intangible assets acquired in asset acquisition				$ 23	$ 28

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Goodwill and Intangible Assets Subject to Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 10,870	$ 10,847
Accumulated Amortization	10,587	10,443
Net Carrying Value	283	404
Subscriber relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	7,672	7,649
Accumulated Amortization	7,389	7,245
Net Carrying Value	283	404
Distribution rights
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	315	315
Accumulated Amortization	315	315
Net Carrying Value	0	0
Internally developed software
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	446	446
Accumulated Amortization	446	446
Net Carrying Value	0	0
Proprietary content
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	153	153
Accumulated Amortization	153	153
Net Carrying Value	0	0
Intellectual property
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,284	2,284
Accumulated Amortization	2,284	2,284
Net Carrying Value	$ 0	$ 0

Goodwill and Intangible Asset_6

Goodwill and Intangible Assets - Future Amortization Expense Remaining (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2023	$ 39
2024	78
2025	78
2026	78
2027	6
2028 and thereafter	4
Total future amortization expense	$ 283	$ 404

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Total net sales	$ 34,171	$ 34,553	$ 67,860	$ 67,704
Product
Disaggregation of Revenue [Line Items]
Total net sales	5,425	6,620	10,374	13,183
Service
Disaggregation of Revenue [Line Items]
Total net sales	28,746	27,933	57,486	54,521
Mobile Connectivity | Service
Disaggregation of Revenue [Line Items]
Total net sales	28,746	27,933	57,486	54,521
Mobile Connectivity | Transferred at point in time | Product
Disaggregation of Revenue [Line Items]
Total net sales	4,544	5,976	9,047	12,083
Mobile Connectivity | Transferred over time | Product
Disaggregation of Revenue [Line Items]
Total net sales	$ 881	$ 644	$ 1,327	$ 1,100

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue recognized	$ 846	$ 621	$ 1,293	$ 1,073
Revenue Benchmark | Product Concentration Risk | Mobile Comm Product Sales
Disaggregation of Revenue [Line Items]
Concentration risk	16%	19%	15%	19%
Revenue Benchmark | Product Concentration Risk | VSAT Airtime Service Sales
Disaggregation of Revenue [Line Items]
Concentration risk	79%	75%	80%	74%
Revenue Benchmark | Geographic Concentration Risk | Non-US
Disaggregation of Revenue [Line Items]
Concentration risk	66%	61%	66%	61%
Revenue Benchmark | Geographic Concentration Risk | Singapore
Disaggregation of Revenue [Line Items]
Concentration risk	19%	16%	18%	16%
Accounts Receivable | Customer Concentration Risk | Customer One
Disaggregation of Revenue [Line Items]
Concentration risk			22%		16%
Accounts Receivable | Customer Concentration Risk | Customer Two
Disaggregation of Revenue [Line Items]
Concentration risk					12%
Accounts Receivable, Sales-Type Leases | Customer Concentration Risk | Customer Two
Disaggregation of Revenue [Line Items]
Concentration risk	59%				66%

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Schedule of Customer Contract Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Current contract assets	$ 1,162	$ 1,243
Non-current contract assets	2,757	3,033
Contract liabilities	1,708	1,743
Long-term contract liabilities	4,220	4,315
Deferred income, current	$ 1,602	$ 1,365

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate	4.70%	510.90%	6.60%	(14.50%)
Liability for uncertain tax positions	$ 674		$ 674		$ 637
Decrease in unrecognized tax benefits is reasonably possible	$ 37		$ 37

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Operating lease expense	$ 422	$ 537	$ 874	$ 1,081
Short-term lease costs	15	43	40	98
Net investment in lease, current	4,145		4,145
Net investment in lease, noncurrent	4,584		4,584
Sales-type lease, interest income	174	$ 193	342	$ 400
Lessor, operating lease, term of contract					3 years
Lessor, operating lease, gross costs	1,880		1,880
Lessor, operating lease, accumulated depreciation	704		$ 704
Lessor, operating lease, useful life			5 years
Depreciation expense	94		$ 188
Lease revenue	$ 139		$ 277
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]			Total net sales
Minimum
Lessee, Lease, Description [Line Items]
Sales-type leases, term of contracts	3 years		3 years
Maximum
Lessee, Lease, Description [Line Items]
Sales-type leases, term of contracts	5 years		5 years

Leases - Future Minimum Operati

Leases - Future Minimum Operating Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Remainder of 2023	$ 820
2024	611
2025	92
2026	48
2027 and thereafter	82
Total minimum lease payments	1,653
Less amount representing interest	(75)
Present value of net minimum operating lease payments	1,578
Less current installments of obligation under current-operating lease liabilities	1,207	$ 1,532
Obligations under long-term operating lease liabilities, excluding current installments	$ 371	$ 636
Weighted-average remaining lease term - operating leases (years)	1 year 6 months 25 days
Weighted-average discount rate - operating leases	5.50%

Leases - Sales-type Lease Futur

Leases - Sales-type Lease Future Undiscounted Cash Flows (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Leases [Abstract]
Remainder of 2023	$ 2,822
2024	3,306
2025	1,972
2026	1,029
2027	493
2028	82
Total undiscounted cash flows	9,704
Present value of lease payments	8,729
Difference between undiscounted cash flows and discounted cash flows	$ 975

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments Receivable (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Leases [Abstract]
Remainder of 2023	$ 277
2024	343
2025	25
Total	$ 645

Discontinued Operations - Sched

Discontinued Operations - Schedule of Net Income From Discontinued Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Costs and expenses:
Net loss from discontinued operations, net of tax	$ 0	$ (1,255)	$ 0	$ (1,680)
Net loss from discontinued operations per common share
Basic (in shares)	$ 0	$ (0.07)	$ 0	$ (0.09)
Diluted (in shares)	$ 0	$ (0.07)	$ 0	$ (0.09)
Weighted average number of common shares outstanding:
Basic (in shares)	19,153,000	18,564,000	19,018,000	18,507,000
Diluted (in shares)	19,275,000	18,564,000	19,161,000	18,507,000
Discontinued Operations, Disposed of by Sale
Sales:
Sales	$ 7,284	$ 15,227
Costs and expenses:
Research and development	1,135	2,773
Sales, marketing and support	1,299	2,687
Loss from discontinued operations before income tax expense	(1,289)	(1,749)
Other income, net	34	69
Loss from discontinued operations before tax expense	(1,255)	(1,680)
Income tax expense on discontinued operations	0	0
Net loss from discontinued operations, net of tax	$ (1,255)	$ (1,680)
Net loss from discontinued operations per common share
Basic (in shares)	$ (0.07)	$ (0.09)
Diluted (in shares)	$ (0.07)	$ (0.09)
Discontinued Operations, Disposed of by Sale | Product
Sales:
Sales	$ 6,959	$ 14,766
Costs and expenses:
Cost of sales	5,917	11,228
Discontinued Operations, Disposed of by Sale | Service
Sales:
Sales	325	461
Costs and expenses:
Cost of sales	$ 222	$ 288

Discontinued Operations - Sch_2

Discontinued Operations - Schedule of Cash Flows from Discontinued Operations (Details) - Discontinued Operations, Disposed of by Sale - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash used in operating activities - discontinued operations	$ (3,967)	$ (3,601)
Cash provided by (used in) investing activities - discontinued operations	$ 35	$ (87)

Discontinued Operations - Sch_3

Discontinued Operations - Schedule of Non-Cash Expenses from Discontinued Operations (Details) - Discontinued Operations, Disposed of by Sale - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation	$ 223	$ 531
Compensation expense related to stock-based awards and employee stock purchase plan	$ 91	$ 238