Spire Global (SPIR) 10-Q 3 Mar 25 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Feb. 14, 2025
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Registrant Name	SPIRE GLOBAL, INC.
Entity File Number	001-39493
Entity Central Index Key	0001816017
Entity Tax Identification Number	85-1276957
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	8000 Towers Crescent Drive
Entity Address, Address Line Two	Suite 1100
Entity Address, City or Town	Vienna
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22182
City Area Code	202
Local Phone Number	301-5127
Title of 12(b) Security	Class A common stock, par value of $0.0001 per share
Trading Symbol	SPIR
Security Exchange Name	NYSE
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		25,734,974
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		1,507,325

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 23,528	$ 29,136
Marketable securities	22,271	11,726
Accounts receivable, net (including allowance of $406 and $586 as of June 30, 2024 and December 31, 2023, respectively)	12,423	9,911
Contract assets	3,963	4,718
Other current assets	9,133	16,848
Total current assets	71,318	72,339
Property and equipment, net	60,023	60,446
Operating lease right-of-use assets	13,454	14,921
Goodwill	49,550	51,155
Customer relationships	17,809	19,363
Other intangible assets	11,484	12,660
Other long-term assets, including restricted cash	7,190	8,380
Total assets	230,828	239,264
Current liabilities
Accounts payable	7,529	8,012
Accrued wages and benefits	1,687	1,829
Long-term debt, current portion	101,012	0
Contract liabilities, current portion	21,203	31,178
Other accrued expenses	8,532	8,326
Total current liabilities	139,963	49,345
Long-term debt	4,854	114,113
Contract liabilities, non-current	21,292	17,923
Contingent earnout liability	1,452	220
Deferred income tax liabilities	784	804
Warrant liability	10,350	5,988
Operating lease liabilities, net of current portion	11,791	13,079
Other long-term liabilities	8	8
Total liabilities	190,494	201,480
Commitments and contingencies (Note 9)
Stockholders' equity
Common stock, $0.0001 par value, 1,000,000,000 Class A and 15,000,000 Class B shares authorized, 24,775,949 Class A and 1,507,325 Class B shares issued and outstanding at June 30, 2024; 21,097,351 Class A and 1,507,325 Class B share issued and outstanding at December 31, 2023	3	2
Additional paid-in capital	524,567	477,624
Accumulated other comprehensive loss	(6,847)	(4,556)
Accumulated deficit	(477,389)	(435,286)
Total stockholders' equity	40,334	37,784
Total liabilities and stockholders' equity	$ 230,828	$ 239,264

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts Receivable, Allowance for Credit Loss, Current	$ 406	$ 586
Common stock per share	$ 0.0001	$ 0.0001
Common Class A
Common stock, authorized	1,000,000,000	1,000,000,000
Common stock, Issued	24,775,949	21,097,351
Common stock, outstanding	24,775,949	21,097,351
Common Class B
Common stock, authorized	15,000,000	15,000,000
Common stock, Issued	1,507,325	1,507,325
Common stock, outstanding	1,507,325	1,507,325

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Revenue		$ 25,399	$ 28,065	$ 60,224	$ 51,282
Cost of revenue		14,488	15,245	40,084	28,614
Gross profit		10,911	12,820	20,140	22,668
Operating expenses:
Research and development		7,517	7,655	13,554	14,973
Sales and marketing		5,168	6,729	10,286	13,579
General and administrative		10,009	10,718	19,853	22,541
Loss on decommissioned satellites		529	472	707	472
Allowance for current expected credit loss on notes receivable		40	0	80	0
Total operating expenses		23,263	25,574	44,480	51,565
Loss from operations		(12,352)	(12,754)	(24,340)	(28,897)
Other income (expense):
Interest income		571	636	1,025	1,201
Interest expense		(4,773)	(4,709)	(9,826)	(9,287)
Change in fair value of contingent earnout liability		(1,187)	128	(1,232)	204
Change in fair value of warrant liabilities		2,239	357	(1,963)	1,103
Issuance of stock warrants		0	0	(2,399)	0
Gain (Loss), Foreign Currency Transaction, before Tax		(513)	(486)	(2,299)	527
other (expense) income, net		(477)	(1,130)	(1,011)	(1,441)
Total other expense, net		(4,140)	(5,204)	(17,705)	(7,693)
Loss before income taxes		(16,492)	(17,958)	(42,045)	(36,590)
Income tax provision		67	414	58	437
Net loss		$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)
Net loss per share, Basic	[1]	$ (0.68)	$ (0.99)	$ (1.82)	$ (2.03)
Net loss per share, Diluted	[1]	$ (0.68)	$ (0.99)	$ (1.82)	$ (2.03)
Weighted-average shares used in computing basic net loss per share	[1]	24,487,484	18,468,949	23,150,265	18,283,958
Weighted-average shares used in computing diluted net loss per share	[1]	24,487,484	18,468,949	23,150,265	18,283,958
[1] The shares of the Company's common stock and the per share amounts for the three and six months ended June 30, 2023, have been retroactively adjusted to reflect the 1-for-8 reverse stock split (Note 1)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)
Other comprehensive (loss) gain :
Foreign currency translation adjustments	(729)	4,357	(2,289)	2,743
Net unrealized (loss) gain on investments (net of tax)	0	(7)	(2)	37
Comprehensive loss	$ (17,288)	$ (14,022)	$ (44,394)	$ (34,247)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands		Total	Common Stock		Additional Paid-in Capital	Accumulated Other Comprehensive (Loss) Income	Accumulated Deficit
Beginning balance at Dec. 31, 2022		$ 91,131	$ 2	[1]	$ 455,765	$ (6,908)	$ (357,728)
Beginning balance, shares at Dec. 31, 2022	[1]		19,467,183
Release of Restricted Stock Units, Share	[1]		434,309
Issuance of common stock under Employee Stock Purchase Plan, Shares	[1]		83,727
Issuance of common stock under Employee Stock Purchase Plan, Value		422			422
Stock compensation expense		5,986			5,986
Issuance of common stock under the Equity Distribution Agreement, net, Shares	[1]		2,166,389
Issuance of common stock under the Equity Distribution Agreement, net, Value		7,866			7,866
Conversion of warrants to common stock		286			286
Conversion of warrants to common stock, shares	[1]		34,728
Net Income (Loss)		(37,027)					(37,027)
Foreign currency translation adjustments		2,743				2,743
Net unrealized gain on investments (net of tax)		37				37
Ending balance at Jun. 30, 2023		71,444	$ 2	[1]	470,325	(4,128)	(394,755)
Ending balance, shares at Jun. 30, 2023	[1]		22,186,336
Beginning balance at Mar. 31, 2023		73,838	$ 2	[1]	458,697	(8,478)	(376,383)
Beginning balance, shares at Mar. 31, 2023	[1]		19,763,064
Release of Restricted Stock Units, Share	[1]		173,156
Issuance of common stock under Employee Stock Purchase Plan, Shares	[1]		83,727
Issuance of common stock under Employee Stock Purchase Plan, Value		422			422
Stock compensation expense		3,340			3,340
Issuance of common stock under the Equity Distribution Agreement, net, Shares	[1]		2,166,389
Issuance of common stock under the Equity Distribution Agreement, net, Value		7,866			7,866
Net Income (Loss)		(18,372)					(18,372)
Foreign currency translation adjustments		4,357				4,357
Net unrealized gain on investments (net of tax)		(7)				(7)
Ending balance at Jun. 30, 2023		71,444	$ 2	[1]	470,325	(4,128)	(394,755)
Ending balance, shares at Jun. 30, 2023	[1]		22,186,336
Beginning balance at Dec. 31, 2023		37,784	$ 2		477,624	(4,556)	(435,286)
Beginning balance, shares at Dec. 31, 2023			22,604,676
Release of Restricted Stock Units, Share			584,746
Issuance of common stock under Employee Stock Purchase Plan, Shares			79,903
Issuance of common stock under Employee Stock Purchase Plan, Value		370			370
Exercise of stock options		$ 269			269
Exercise of stock options, shares		37,758	37,758
Stock compensation expense		$ 8,423			8,423
Issuance of common stock under Securites Purchase Agreements Shares			2,976,191
Issuance of common stock under Securites Purchase Agreements Value		37,882	$ 1		37,881
Net Income (Loss)		(42,103)					(42,103)
Foreign currency translation adjustments		(2,289)				(2,289)
Net unrealized gain on investments (net of tax)		(2)				(2)
Ending balance at Jun. 30, 2024		40,334	$ 3		524,567	(6,847)	(477,389)
Ending balance, shares at Jun. 30, 2024			26,283,274
Beginning balance at Mar. 31, 2024		52,455	$ 3		519,400	(6,118)	(460,830)
Beginning balance, shares at Mar. 31, 2024			25,822,914
Release of Restricted Stock Units, Share			380,235
Issuance of common stock under Employee Stock Purchase Plan, Shares			79,903
Issuance of common stock under Employee Stock Purchase Plan, Value		370			370
Exercise of stock options		2			2
Exercise of stock options, shares			222
Stock compensation expense		4,795			4,795
Net Income (Loss)		(16,559)					(16,559)
Foreign currency translation adjustments		(729)				(729)
Net unrealized gain on investments (net of tax)		0
Ending balance at Jun. 30, 2024		$ 40,334	$ 3		$ 524,567	$ (6,847)	$ (477,389)
Ending balance, shares at Jun. 30, 2024			26,283,274
[1] The shares of the Company's common stock have been retroactively adjusted to reflect the 1-for-8 reverse stock split (Note 1).

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Net Income (Loss)	$ (42,103)	$ (37,027)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	12,489	7,883
Stock-based compensation	8,423	5,986
Amortization of operating lease right-of-use assets	1,798	1,128
Amortization of debt issuance costs	1,800	1,086
Change in fair value of warrant liabilities	1,963	(1,103)
Change in fair value of contingent earnout liability	1,232	(204)
Issuance of stock warrants	2,399	0
Loss on decommissioned satellites and impairment of assets	924	472
Other, net	(148)	(273)
Changes in operating assets and liabilities:
Accounts receivable, net	(2,689)	(6,441)
Change in contract assets	712	(1,307)
Other current assets	7,656	(1,654)
Other long-term assets	965	774
Accounts payable	(965)	(2,465)
Accrued wages and benefits	(117)	413
Change in contract liabilities	(6,161)	4,648
Other accrued expenses	275	359
Operating lease liabilities	(1,692)	(890)
Net cash used in operating activities	(13,239)	(28,615)
Cash flows from investing activities
Purchases of short-term investments	(30,147)	(25,845)
Maturities of short-term investments	20,000	28,400
Purchase of property and equipment	(12,585)	(6,653)
Net cash used in investing activities	(22,732)	(4,098)
Cash flows from financing activities
Proceeds from Securities Purchase Agreement, net	37,881	0
Proceeds from long-term debt	0	19,886
Proceeds from issuance of common stock under the Equity Distribution Agreement, net	0	7,866
Payments on long-term debt	(10,113)	0
Proceeds from exercise of stock options	269	0
Proceeds from employee stock purchase plan	370	422
Net cash provided by financing activities	28,407	28,174
Effect of foreign currency translation on cash, cash equivalents and restricted cash	1,947	538
Net decrease in cash, cash equivalents and restricted cash	(5,617)	(4,001)
Cash, cash equivalents and restricted cash
Beginning balance	29,633	47,569
Cash, cash equivalents and restricted cash - Ending balance	24,016	43,568
Supplemental disclosure of cash flow information
Cash paid for interest	7,643	7,927
Income taxes paid	42	585
Noncash operating, investing and financing activities
Property and equipment purchased but not yet paid	1,373	1,742
Right-of-use assets obtained in exchange for lease liabilities	490	2,925
Issuance of stock warrants with long-term debt (Note 8)	$ 0	$ 286

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Nature of Business

Nature of Business	6 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	1. Nature of Business Spire Global, Inc. (“Spire” or the “Company”), founded in August 2012, is a global provider of space-based data and analytics that offers its customers unique datasets and insights about earth from the ultimate vantage point. The Company collects this space-based data through its proprietary constellation of multi-purpose nanosatellites. The Company designs, manufacturers, integrates, and operates its own satellites and ground stations to deliver unique end-to-end comprehensive solutions. The Company offers the following three data solutions to customers: Maritime, Aviation, and Weather and Climate. As a fourth solution, the Company is providing “space-as-a-service” through its Space Services solution. The Company is headquartered in Vienna, Virginia and has several wholly-owned operating subsidiaries in the United States, United Kingdom, Luxembourg, Singapore, Australia, Germany, and Canada. On August 16, 2021, Spire Global Subsidiary, Inc. (formerly known as Spire Global, Inc.) (“Legacy Spire”) closed its previously announced merger with NavSight Holdings, Inc. (“NavSight”), a special purpose acquisition company. As a result, Legacy Spire continued as the surviving corporation and a wholly owned subsidiary of NavSight (the “Merger,” and such consummation, the “Closing”). NavSight then changed its name to Spire Global, Inc. and Legacy Spire changed its name to Spire Global Subsidiary, Inc. On September 14, 2022, the Company entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) with Canaccord Genuity LLC, as sales agent (the “Agent”). In accordance with the terms of the Equity Distribution Agreement, the Company may offer and sell its Class A common stock, having an aggregate offering price of up to $ 85,000 from time to time through the Agent pursuant to a registration statement on Form S-3, which became effective on September 26, 2022. Under the Equity Distribution Agreement, the Company sold (i) 2,166,389 shares of its Class A common stock during the year ended December 31, 2023 for gross proceeds of $ 8,235 and (ii) no shares during the six months ended June 30, 2024. On March 24, 2023, the Company, was notified by the New York Stock Exchange (“NYSE”) that the Company was not in compliance with Rule 802.01C of the NYSE’s Listed Company Manual (“Rule 802.01C”) relating to the minimum average closing price of the Company’s Class A common stock, par value of $ 0.0001 per share, required over a consecutive 30 trading-day period. On August 31, 2023, the Company effected a reverse stock split at a ratio of 1-for-8 (the “Reverse Stock Split”) of its common stock. In connection with the Reverse Stock Split, every eight shares of the Company’s Class A and Class B common stock issued and outstanding as of the effective date were automatically combined into one share of Class A or Class B common stock, as applicable. On September 25, 2023, the Company received formal notice from the NYSE that the Company had regained compliance with Rule 802.01C. On February 4, 2024, the Company and Signal Ocean Ltd (“Signal Ocean”) entered into a securities purchase agreement (the “SPA”) for the issuance and sale of 833,333 shares of the Company’s Class A common stock to Signal Ocean at a price of $ 12.00 per share (the “Private Placement”). The Private Placement closed on February 8, 2024, resulting in gross proceeds to the Company of $ 10.0 million. On March 21, 2024, the Company entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with institutional investors (the “Investors”), pursuant to which the Company issued and sold in a registered direct offering (the “Offering”), (i) an aggregate of 2,142,858 shares of Class A common stock and (ii) warrants exercisable for an aggregate of 2,142,858 shares of Class A common stock (“Securities Purchase Agreement Warrants”) to the Investors. Each share of Class A common stock and accompanying Securities Purchase Agreement Warrant to purchase one share of Class A common stock was sold at an offering price of $ 14.00 . The aggregate gross proceeds to the Company from the Offering totaled $ 30,000 before deducting the placement agent’s fees and related offering expenses. The Securities Purchase Agreement Warrants had an exercise price equal to $ 14.50 per share of Class A common stock, were exercisable for a term beginning on March 25, 2024, and expired on July 3, 2024, with no warrants exercised. On March 21, 2024, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with Alliance Global Partners (“A.G.P” or the “Placement Agent”), pursuant to which the Company engaged A.G.P as the exclusive placement agent in connection with the Offering. The Company paid A.G.P a cash fee equal to 6 % of the gross proceeds from the sale of shares and Securities Purchase Agreement Warrants to the Investors, or $ 1,800 , in March 2024. The Company agreed to pay a cash fee equal to 4 % of the gross exercise price paid in cash with respect to the exercise of the Securities Purchase Agreement Warrants, which are now expired. The par value of the common stock remains $ 0.0001 per share after the Reverse Stock Split. All share and per share information has been retroactively adjusted to reflect the impact of the Reverse Stock Split for applicable periods presented. On November 13, 2024, the Company entered into a Share Purchase Agreement (the “Purchase Agreement”) with Kpler Holding SA, a Belgian corporation (“Buyer”), pursuant to which the Company agreed to sell its maritime business to Buyer and enter into certain ancillary agreements (the “Transactions”). The maritime business to be sold pursuant to the Transactions does not include any part of the Company’s satellite network or operations. The Purchase Agreement provides that the closing of the Transactions is subject to the satisfaction or waiver of certain closing conditions set forth in the Purchase Agreement. Refer to Note 12, Subsequent Events, for detailed discussion. Restatement of Financial Statements On March 3, 2025, the Company filed its Annual Report on Form 10-K/A for the year ended December 31, 2023 (the “Form 10-K/A”), which included audited restated consolidated financial statements as of and for the fiscal years ended December 31, 2023, and December 31, 2022, as well as unaudited restated condensed consolidated financial information as of the quarter ends and for the interim periods in the fiscal years ended December 31, 2023 and 2022 (collectively, the “Affected Periods”) to make corrections related to consideration of embedded leases for a contract in its “Space as a Service” business (the “Space Services Contract”), recognition of an allowance for current expected credit losses related to a note receivable issued to a customer, revenue recognition for contracts in its customer-funded or co-funded research and development arrangements (the “R&D Services Contracts,” and together with the Space Services Contracts, the “Space Services and R&D Services Contracts”) and Space Services Contracts, and income statement classification of costs related to R&D Services Contracts. The Form 10-K/A included corrections to the condensed consolidated financial statements for the Affected Periods presented in this Quarterly Report on Form 10-Q. Therefore, the Company has reflected these corrections to the condensed consolidated financial statements for prior periods presented in this Quarterly Report on Form 10-Q. Additionally, prior period amounts in the applicable notes to the condensed consolidated financial statements have been corrected. Refer also to Note 13 of Notes to Condensed Consolidated Financial Statements of this Quarterly Report on Form 10-Q for unaudited restated condensed consolidated financial information for the three and six months ended June 30, 2023.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The condensed consolidated financial statements and accompanying notes are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and regulations of the U.S. Securities and Exchange Commission (the “SEC") for interim financial reporting. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to rules and regulations applicable to interim financial reporting. The unaudited condensed consolidated financial statements were prepared on the same basis as the audited consolidated financial statements and, in the opinion of management, contain all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of its financial position, results of operations and cash flows for the periods indicated. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements included within the Form 10-K/A. The information as of December 31, 2023, included on the condensed consolidated balance sheets was derived from the Company’s audited consolidated financial statements. All intercompany accounts and transactions have been eliminated in consolidation. Results of operations for the three and six months ended June 30, 2024, are not necessarily indicative of the results that may be expected for any other interim period or for the year ending December 31, 2024. Reverse Stock Split For the three and six months ended, and as of, June 30, 2023, reported share amounts, including issued and outstanding shares, per share amounts, and reported issued and outstanding warrants and other securities convertible into common stock in these condensed consolidated financial statements and accompanying notes have been retroactively adjusted for the Reverse Stock Split by applying the Reverse Stock Split ratio. The number of authorized shares of common stock was not impacted by the Reverse Stock Split, and therefore has not been retroactively adjusted. Liquidity Risks and Uncertainties The Company has a history of operating losses and negative cash flows from operations since inception. During the six months ended June 30, 2024, net loss was $ 42,103 , cash used in operations was $ 13,239 and the Company received net proceeds of $ 9,825 from the Private Placement and $ 28,056 from the Offering. The Company held cash and cash equivalents of $ 23,528 , excluding restricted cash of $ 488 , and investment in short-term marketable securities of $ 22,271 as of June 30, 2024. The Company’s ability to continue as a going concern for the next 12 months from the date of issuance of these condensed consolidated financial statements is dependent upon its ability to obtain sufficient cash to meet its obligations, including the repayment of all amounts owed pursuant to the Blue Torch Financing Agreement (as amended, and as defined below in Note 6). The Company has failed to meet its leverage ratio and minimum liquidity financial covenants and SEC periodic filing requirement non-financial covenant under the Blue Torch Financing Agreement, and therefore Blue Torch Finance LLC (“Blue Torch”) has the right to accelerate and declare all or any portion of the loans outstanding under the Blue Torch Financing Agreement to be due and payable. Further, upon the filing of the Form 10-K/A, the Company failed to comply with the non-financial covenant requiring the Company to have a report or opinion of its auditor without an explanatory paragraph expressing substantial doubt about its ability to continue as a going concern. Based on the Company’s current cash and cash equivalents and investment in marketable securities balances and expected future financial results, if the Transactions (as defined below) do not close, the Company will not have sufficient liquidity to continue operations for at least the next twelve months from the issuance of these condensed consolidated financial statements. Furthermore, the Company will not have sufficient cash to repay the balance of the loans outstanding under the Blue Torch Financing Agreement in the event Blue Torch declares all or any portion of the loans to be due and payable. The Company entered into a Share Purchase Agreement (the “Purchase Agreement”) with Kpler Holding SA, a Belgian corporation (“Buyer”), pursuant to which the Company agreed to sell its maritime business to Buyer and enter into certain ancillary agreements (the “Transactions”). The maritime business to be sold pursuant to the Transactions does not include any part of the Company’s satellite network or operations. The purchase price to be paid by Buyer to the Company at the closing of the Transactions is a cash payment based upon an enterprise value of $ 233,500 , subject to certain adjustments. The Transactions also include a twelve-month transition service and data provision agreement for $ 7,500 . The Purchase Agreement provides that the closing of the Transactions is subject to the satisfaction or waiver of certain closing conditions set forth in the Purchase Agreement. On February 10, 2025, the Company filed a complaint in the Delaware Court of Chancery against Buyer seeking a grant of specific performance ordering Buyer to satisfy its obligations under the Purchase Agreement and consummate the closing in accordance with the terms of the Purchase Agreement. In the complaint, the Company also requested a declaratory judgment declaring that Buyer has breached its obligations under the Purchase Agreement and is not excused from performing its obligations under the Purchase Agreement, including proceeding with the closing. Kpler removed the matter to the District of Delaware, pursuant to a contract term in the Purchase Agreement promising not to contest removal to that court. The District of Delaware initially selected a March 4 trial date, but on February 26, 2025, the court set a trial date of May 28-30, 2025. There is no assurance as to what action the District of Delaware will take with respect to the proceeding initiated by the Company and there is no assurance as to whether or not the Transactions will be consummated on the terms contemplated or at all. The amount of any damages which may be sought or obtained from Buyer cannot be determined at this time. The Company intends to use the proceeds from the closing of the Transactions to repay all amounts owed under the Blue Torch Financing Agreement. However, as described above, there is currently no assurance that the Transactions will close or when the Transactions may close. Given the expected delay in the closing of the Transactions, the Company intends to seek additional equity or debt financing (including securities convertible or exchangeable for equity) and may seek waivers of or amendments to contractual obligations, delay, limit, reduce, or terminate certain commercial efforts, or pursue merger, disposition or other strategies, any of which could adversely affect its business, results of operations, and financial condition. There is no assurance that the Company will be successful in achieving any of the foregoing. Due to the Company’s projected cash needs, including amounts owed pursuant to the Blue Torch Financing Agreement and the Company’s breach of its covenants under the Blue Torch Financing Agreement, there is substantial doubt about its ability to continue as a going concern for a period of at least 12 months from the date of issuance of these condensed consolidated financial statements. The condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. Macroeconomic and Geopolitical Over the past two years, the Company has been impacted by the macroeconomic environment, such as fluctuations in foreign currencies, increasing interest rates, and geopolitical conflicts like the Russian invasion of Ukraine, Israel's war with Hamas and the increased tensions between China and the United States. The U.S. Dollar exhibited a modest decrease in strength against the local functional currencies of our foreign subsidiaries for the six months ended June 30, 2024, as compared to the six months ended June 30, 2023. The U.S. Dollar's modest decrease had a marginal positive impact on the Company's revenue, as approximately one-third of the Company's sales are conducted in foreign currencies. Conversely, the decrease in the value of the U.S. Dollar had a marginal unfavorable impact on the Company's expenses, given that a majority of the Company's workforce resides in countries other than the United States. The macroeconomic environment has caused existing or potential customers to re-evaluate their decision to purchase the Company's offerings, at times resulting in additional customer discounts, extended payment terms, and longer sales cycles. Increasing interest rates for the six months ended June 30, 2024, compared to the six months ended June 30, 2023, resulted in higher interest expenses as the Company’s credit facility is based on a floating interest rate. The Russian invasion of Ukraine and the continued conflict created additional global sanctions, which caused scheduling shifts or launch cancellations by third-party satellite launch providers, and negatively impacted the availability of launch windows for the Company's constellation replenishment efforts. If any of these factors continue or worsen, and/or if new macroeconomic or geopolitical issues arise, the Company's results and financial condition could be further negatively impacted. The Company cannot predict the timing, strength, or duration of any economic slowdown, downturn, instability, or recovery, generally or within any particular industry or geography. Any downturn of the general economy or industries in which the Company operates would adversely affect its business, financial condition, and results of operations. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities at the dates of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Management’s significant estimates include assumptions for revenue recognition, which requires estimates of total costs used in measuring the progress of completion for the cost-based input method, allowance for current expected credit losses, valuation of certain assets and liabilities acquired from the acquisition of exactEarth in November 2021 (the “Acquisition”), realizability of deferred income tax assets, and fair value of equity awards, contingent earnout liabilities, and warrant liabilities. Actual results could differ from those estimates. Based on an evaluation of the lifespans of its in-service satellites and on current capabilities to extend the useful life of in-service satellites via software updates, the Company changed the estimated useful life of its capitalized satellites and related launch costs from three to four years for depreciation purposes. The Company determined it was appropriate to make this change beginning June 2023. In November 2023, the Company updated the estimated useful lives for 43 capitalized satellites and related launch costs based on updated de-orbit dates. This change represents a change in accounting estimate and the impact of the change was an increase in loss from continuing operations before income taxes of approximately $ 1,584 , or $ 0.06 per basic and diluted share, and $ 4,592 or $ 0.20 per basic and diluted share, for the three and six months ended June 30, 2024 , respectively. Cash, Cash Equivalents, Marketable Securities, and Restricted Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Restricted cash included in other long-term assets, including restricted cash on the condensed consolidated balance sheets, represents amounts pledged as guarantees or collateral for financing arrangements and lease agreements, as contractually required. The Company invests in highly rated securities with the primary objective of minimizing the potential risk of principal loss. The Company’s investment policy generally requires securities to be investment-grade and limits the amount of credit exposure to any one issuer. The Company’s investments in marketable debt securities have been classified and accounted for as available-for-sale. The Company classifies its marketable debt securities as either short-term or long-term based on each instrument’s underlying contractual maturity date. Unrealized gains and losses on marketable debt securities classified as available-for-sale are recognized in accumulated other comprehensive loss. Interest on securities classified as available-for-sale is included in interest income on the condensed consolidated statements of operations. The following table shows components of cash, cash equivalents, and restricted cash reported on the condensed consolidated balance sheets and in the condensed consolidated statements of cash flows as of the dates indicated: June 30, December 31, 2024 2023 Cash and cash equivalents $ 23,528 $ 29,136 Restricted cash included in Other long-term assets 488 497 $ 24,016 $ 29,633 Concentrations of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents and restricted cash, marketable securities, and accounts receivable. The Company typically has cash accounts in excess of Federal Deposit Insurance Corporation insurance coverage limits. The Company has not experienced any losses on such accounts and management believes that the Company’s risk of loss is remote. The Company has a $ 4,500 note receivable and $ 551 of accrued interest receivables relating to one customer. The Company has established a $ 1,298 allowance of current expected credit loss for the note receivable and accrued interest receivable as of June 30, 2024. The Company has a concentration of contractual revenue arrangements with various government agencies. Entities under common control are reported as a single customer. As of June 30, 2024 , and December 31, 2023, the Company did not have any customers that accounted for more than 10 % of the Company’s total accounts receivable. The following customers represented 10% or more of the Company’s total revenue for each of the following periods: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (As Restated) (As Restated) Customer A (1) 31 % 33 % 23 % 32 % Customer B * 13 % 16 % * * Revenue from this customer was less than 10 % of total revenue during the period. (1) C onsists of multiple U.S. government agencies, of which one government agency represented greater than 10 % of total revenue for each of the three and six months ended June 30, 2024 and 2023. Related Parties In conjunction with the Company's acquisition of exactEarth in November 2021, Myriota Pty Ltd (“Myriota”), an existing Spire customer, became a related party as a result of exactEarth's approximately 13 % ownership of Myriota at the time of acquisition. As of June 30, 2024 , the Company had 11.5 % ownership of Myriota. The investment in Myriota of $ 1,556 and $ 2,216 was included in other long-term assets, including restricted cash on the condensed consolidated balance sheets as of June 30, 2024 , and December 31, 2023, respectively. The Company accounts for this investment using the equity method of accounting. The Company's share of earnings or losses on the investment is recorded on a one month lag, due to the timing of receiving financial statements from Myriota, as a component of other expense, net in the condensed consolidated statements of operations. The Company generated $ 226 and $ 443 in revenue from Myriota for the three and six months ended June 30, 2024, respectively, and had $ 54 of accounts receivable, and $ 180 of contract liabilities, noncurrent from Myriota as of June 30, 2024 . The Company generated $ 238 and $ 463 in revenue from Myriota for the three and six months ended June 30, 2023, respectively, and had no accounts receivable from Myriota as of December 31, 2023. Accounting Pronouncements Recently Adopted In March 2023,the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-01, Leases – Common Control Arrangements (Topic 842), to improve the accounting for amortizing leasehold improvements associated with arrangements between entities under common control. The amendment requires that leasehold improvements be amortized by the lessee over the useful life of the leasehold improvements to the common control group (regardless of the lease term) as long as the lessee controls the use of the underlying asset through a lease. Additionally, leasehold improvements should be accounted for as a transfer between entities under common control through an adjustment to equity when the lessee no longer controls the use of the underlying asset. The amendments in this update are effective for financial statements issued for annual periods beginning after December 15, 2023, with early adoption permitted. The adoption of ASU 2023-01 as of January 1, 2024, did not impact the Company’s condensed consolidated financial statements. In August 2023, the FASB issued ASU 2023-05, Business Combinations – Joint Venture Formations (Subtopic 805-60) : Recognition and Initial Measurement. The amendments in this ASU are intended to facilitate consistency in the application of accounting guidance upon the formation of entities qualifying as joint ventures (“JVs”). This ASU generally requires the use of business combinations accounting at the JV formation date, which would result in the contributed assets/liabilities being revalued to fair value and potentially result in the recognition of goodwill and other intangibles on the JV’s financial statements. However, this ASU does not alter the ongoing accounting for the JV’s operations. This guidance is effective for JVs with formation dates on or after January 1, 2025. The adoption of ASU 2023-05 as of January 1, 2024, did not impact the Company’s condensed consolidated financial statements. Accounting Pronouncements Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Segment Reporting - Improvements to Reportable Segment Disclosures (Topic 280), to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments enhance interim disclosure requirements, clarify circumstances in which an entity can disclose multiple segment measures of profit or loss, provide new segment disclosure requirements for entities within a single reportable segment, and contain other disclosure requirements. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted and will be applied retrospectively to all prior periods presented in the financial statements. The Company is currently evaluating the ASU to determine its impact on the Company’s disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes - Improvements to Income Tax Disclosures (Topic 740), to further enhance income tax disclosures to enable investors to better assess how an entity’s operations, related tax risks, tax planning, and operational opportunities affect its tax rate and prospects for future cash flows. The improvements primarily relate to the disaggregation of rate reconciliation categories and income taxes paid by jurisdiction. The other amendments improve the effectiveness and comparability of disclosures by adding disclosures of pretax income (or loss) and income tax expense (or benefit) to be consistent with SEC regulations. The ASU is effective for public business entities for annual reporting periods beginning after December 15, 2024. Early adoption is permitted and should be applied prospectively or retrospectively. The Company is currently evaluating the ASU to determine its impact on the Company’s disclosures. In March 2024, the SEC adopted final rules under SEC Release No. 33-11275, The Enhancement and Standardization of Climate-Related Disclosures for Investors, which will require registrants to provide certain climate-related information in their annual reports and registration statements. The rules will require disclosure of material climate-related risks, how the board of directors and management oversee and manage such risks, and the actual and potential impact of such risks on the registrant. It will also require disclosure about material climate-related targets and goals, and the financial impact of severe weather events and other natural conditions in the notes to audited financial statements. In April 2024, the SEC voluntarily stayed the final rule as a result of pending legal challenges. The disclosure requirements will apply at the earliest to reports for the Company's fiscal year ended December 31, 2025 (or potentially later depending on the Company's filer status at the time), pending resolution of the stay. The Company is currently evaluating the impact on the Company's disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40). Additionally, in January 2025, the FASB issued ASU 2025-01 to clarify the effective date of ASU 2024-03. The standard provides guidance to expand disclosures related to the disaggregation of income statement expenses. The standard requires, in the notes to the financial statements, disclosure of specified information about certain costs and expenses, which includes purchases of inventory, employee compensation, depreciation and intangible asset amortization included in each relevant expense caption. This guidance is effective for fiscal years beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027, on a retrospective or prospective basis, with early adoption permitted. The Company is assessing the guidance, noting the adoption impacts disclosure only.

Revenue, Contract Assets, Contr

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations	3. Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations Disaggregation of Revenue Revenue from subscription-based contracts was $ 19,703 and $ 37,759 , or 78 % and 63 % of total revenue, for the three and six months ended June 30, 2024 , respectively, and was $ 20,247 and $ 39,847 , or 72 % and 78 % of total revenue, for the three and six months ended June 30, 2023, respectively. Revenue from non-subscription-based contracts was $ 5,696 and $ 22,465 , or 22 % and 37 % of total revenue, for the three and six months ended June 30, 2024 , respectively, and was $ 7,819 and $ 11,435 , or 28 % and 22 % of total revenue, for the three and six months ended June 30, 2023, respectively. The following revenue disaggregated by geography, derived from billing addresses, was recognized: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Americas (1) $ 13,880 55 % $ 36,560 61 % EMEA (2) 9,436 37 % 19,395 32 % Asia Pacific 2,083 8 % 4,269 7 % Total $ 25,399 100 % $ 60,224 100 % Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 (As Restated) (As Restated) Americas (1) $ 16,559 59 % $ 28,238 55 % EMEA (2) 8,373 30 % 16,592 32 % Asia Pacific 3,133 11 % 6,452 13 % Total $ 28,065 100 % $ 51,282 100 % (1) U.S. represented 49 % and 41 % of total revenue for the three and six months ended June 30, 2024 , respectively, and 43 % and 44 % of total revenue for the three and six months ended June 30, 2023, respectively. Canada represented 20 % and 11 % for the six months ended June 30, 2024 and 2023, respectively. (2) United Kingdom represented 15 % and 11 % of total revenue for the three and six months ended June 30, 2024 and United Kingdom represented 12 % and 11 % of total revenue for the three and six months ended June 30, 2023, respectively. Contract Assets As of June 30, 2024, contract assets were $ 4,161 , of which $ 3,963 was reported in contract assets, and $ 198 was reported in other long-term assets including restricted cash on the Company's condensed consolidated balance sheets. At December 31, 2023, contract assets were $ 4,917 of which $ 4,718 was reported in contract assets, and $ 199 was reported in other long-term assets, including restricted cash on the Company's condensed consolidated balance sheets. Changes in contract assets for the six months ended June 30, 2024 and 2023 were as follows: 2024 2023 (As Restated) Balance as of January 1 $ 4,917 $ 2,881 Contract assets recorded during the period 3,970 3,752 Reclassified to accounts receivable during the period ( 4,685 ) ( 2,445 ) Other ( 41 ) 40 Balance as of June 30 $ 4,161 $ 4,228 Contract Liabilities As of June 30, 2024, contract liabilities were $ 42,495 , of which $ 21,203 was reported in contract liabilities, current portion, and $ 21,292 was reported in other long-term liabilities on the Company’s condensed consolidated balance sheets. As of December 31, 2023, c ontract liabilities were $ 49,101 of which $ 31,178 was reported in contract liabilities, current portion, and $ 17,923 was reported in other long-term liabilities on the Company’s condensed consolidated balance sheets. Changes in contract liabilities for the six months ended June 30, 2024 and 2023 were as follows: 2024 2023 (As Restated) Balance as of January 1 $ 49,101 $ 34,873 Contract liabilities recorded during the period 22,821 19,596 Revenue recognized during the period ( 29,037 ) ( 14,962 ) Other ( 390 ) 173 Balance as of June 30 $ 42,495 $ 39,680 Remaining Performance Obligations The Company has performance obligations associated with commitments in customer contracts for future services that have not yet been recognized as revenue. These commitments for future services exclude (i) contracts with an original term of one year or less, and (ii) cancellable contracts. As of June 30, 2024, the amount not yet recognized as revenue from these commitments was $ 189,689 . The Company expects to recognize its remaining performance obligations as of June 30, 2024, over the following periods: June 30, 2024 1 to 12 months $ 62,295 33 % 13 to 24 months 32,268 17 % 25 to 36 months 26,028 14 % Remaining 69,098 36 % Total $ 189,689 100 %

Balance Sheet Components

Balance Sheet Components	6 Months Ended
	Jun. 30, 2024
Balance Sheet Components [Abstract]
Balance Sheet Components	4. Balance Sheet Components Other current assets consisted of the following: June 30, December 31, 2024 2023 Technology and other prepaid contracts $ 3,012 $ 9,874 Notes receivable 3,344 3,344 Other receivables 1,376 1,476 Prepaid insurance 424 487 Deferred contract costs 515 1,238 Other 462 429 Other current assets $ 9,133 $ 16,848 Property and equipment, net consisted of the following: June 30, December 31, 2024 2023 Satellites in-service $ 45,453 $ 59,751 Internally developed software 1,760 2,138 Ground stations in-service 4,439 4,444 Leasehold improvements 5,808 5,800 Machinery and equipment 4,705 4,787 Computer equipment 1,804 1,908 Computer software and website development 99 99 Furniture and fixtures 1,324 1,336 65,392 80,263 Less: Accumulated depreciation and amortization ( 31,610 ) ( 36,326 ) 33,782 43,937 Satellite, launch, and ground station work in progress 23,415 16,483 Finished satellites not yet placed in-service 2,826 26 Property and equipment, net $ 60,023 $ 60,446 Depreciation and amortization expense related to property and equipment was $ 5,447 and $ 11,404 for the three and six months ended June 30, 2024 , respectively. Depreciation and amortization expense related to property and equipment was $ 3,084 and $ 6,121 for the three and six months ended June 30, 2023, respectively. The Company recorded losses of $ 529 and $ 707 on decommissioned satellite for the three and six months ended June 30, 2024 , respectively. The Company recorded a $ 472 loss on decommissioned satellite for each of the three and six months ended June 30, 2023. Other accrued expenses consisted of the following: June 30, December 31, 2024 2023 Operating lease liabilities, current $ 3,423 $ 3,506 Accrued operating costs 1,145 913 Professional services 862 1,088 Corporate and sales tax 189 285 Accrued interest 912 853 Software 973 754 Other 1,028 927 Other accrued expenses $ 8,532 $ 8,326

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	5. Goodwill and Intangible Assets The following table summarizes changes in goodwill balance: Balance at December 31, 2023 $ 51,155 Impact of foreign currency translation ( 1,605 ) Balance at June 30, 2024 $ 49,550 Intangible assets consisted of the following: June 30, 2024 Gross Carrying Amount Accumulated Amortization Customer relationships $ 22,692 $ ( 4,883 ) Developed technology 12,896 ( 2,776 ) Trade names 2,186 ( 1,129 ) Patents 419 ( 326 ) FCC licenses 480 ( 266 ) $ 38,673 $ ( 9,380 ) December 31, 2023 Gross Carrying Amount Accumulated Amortization Customer relationships $ 23,427 $ ( 4,064 ) Developed technology 13,313 ( 2,312 ) Trade names 2,257 ( 940 ) Backlog 3,117 ( 3,117 ) Patents 419 ( 308 ) FCC licenses 480 ( 249 ) $ 43,013 $ ( 10,990 ) As of June 30, 2024, the weighted-average amortization period for customer relationships and developed technology was 9.4 years, for trade names was 2.4 years, and for patents and FCC licenses was 5.9 years. Amortization expense related to intangible assets was $ 868 and $ 1,748 for the three and six months ended June 30, 2024 , respectively, and $ 885 and $ 1,762 for the three and six months ended June 30, 2023, respectively. No impairment charges were recognized for the three and six months ended June 30, 2024 and 2023. The patents asset balance included $ 32 and $ 57 of capitalized patent costs that will begin amortization upon the issuance of an official patent right to the Company as of June 30, 2024 and December 31, 2023, respectively. As of June 30, 2024, the expected future amortization expense of intangible assets is as follows: Fiscal year ending December 31, Future Amortization Expense Remainder of 2024 $ 1,733 2025 3,458 2026 3,413 2027 3,004 2028 3,001 Thereafter 14,652 29,261 Capitalized patent costs, unissued 32 $ 29,293

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Long-Term Debt	6. Long-Term Debt Long-term debt consisted of the following: June 30, December 31, 2024 2023 Blue Torch term loan $ — $ 117,996 Other 4,854 5,128 Total long-term debt 4,854 123,124 Less: Debt issuance costs — ( 9,011 ) Non-current portion of long-term debt $ 4,854 $ 114,113 The Company recorded interest expense, including amortization of deferred issuance costs from long-term debt of $ 4,772 and $ 9,825 for the three and six months ended June 30, 2024 , respectively, and $ 4,709 and $ 9,283 for the three and six months ended June 30, 2023, respectively. As of June 30, 2024, the scheduled principal payments of long-term debt was as follows: Fiscal year ending December 31, Future Principal Payments Remainder of 2024 $ — 2025 — 2026 270 2027 324 2028 324 Thereafter 3,936 Total debt payments $ 4,854 Blue Torch Credit Agreement On June 13, 2022, the Company, as borrower, and Spire Global Subsidiary, Inc. and Austin Satellite Design, LLC, as guarantors, entered into a financing agreement (the “Blue Torch Financing Agreement”) with Blue Torch Finance LLC, a Delaware limited liability company (“Blue Torch”), as administrative agent and collateral agent, and certain lenders (the “Lenders”). The Blue Torch Financing Agreement provides for, among other things, a term loan facility in an aggregate principal amount of up to $ 120,000 (the “Blue Torch Credit Facility”). A portion of the proceeds of the term loan was used to repay the Company’s then-existing $ 70,000 credit facility with FP Credit Partners, L.P., and the remainder of the proceeds of the term loan may be used for general corporate purposes. The Blue Torch Credit Facility is scheduled to mature on June 13, 2026. Subject to certain exceptions, prepayments of principal under the Blue Torch Credit Facility will be subject to early termination fees in the amount of 3.0%, 2.0% and 1.0% of the principal prepaid if prepayment occurs within the first, second, and third years following the closing date, respectively, plus if prepayment would have occurred on or prior to the first anniversary of the closing date, a make-whole amount equal to the amount of interest that would have otherwise been payable through the maturity date of the Blue Torch Credit Facility. The $120,000 term loan was available and drawn at closing, of which $19,735 was placed in an escrow account by Blue Torch with such amount to be released upon the Company achieving certain metrics related to annualized recurring revenue and a total annualized recurring revenue leverage ratio. These metrics were achieved and the $19,735 was released from the escrow account and delivered to the Company in February 2023. The term loan accrues interest at a floating rate, to be based, at the Company's election, on either a reference rate or a 3-month Term Secured Overnight Financing Rate (“SOFR”) (subject to a 1.0% floor), plus an interest rate margin of 7.0% for reference rate borrowings and 8.0% for 3-month Term SOFR borrowings, plus an incremental Term SOFR margin of 0.26161%. The Company elected the Term SOFR rate which was 13.6084 % as of June 30, 2024 . Principal on the term loan is only payable at maturity and interest on the term loan is due and payable quarterly for Term SOFR borrowings. The Company is also required to pay other customary fees and costs in connection with the Blue Torch Credit Facility, including a commitment fee in an amount equal to $ 2,400 on the closing date, a $ 250 annual agency fee and an exit fee of $ 1,800 upon termination of the Blue Torch Financing Agreement. The Blue Torch Financing Agreement contains customary affirmative covenants and customary negative covenants limiting the Company's ability and the ability of its subsidiaries to, among other things, dispose of assets, undergo a change in control, merge or consolidate, make acquisitions, incur debt, incur liens, pay dividends, repurchase stock, and make investments, in each case subject to certain exceptions. The Company must also comply with a maximum debt to annualized recurring revenue leverage ratio financial covenant tested monthly during the first two years of the Blue Torch Financing Agreement, a maximum debt to EBITDA leverage ratio financial covenant tested monthly during the third and fourth years of the Blue Torch Financing Agreement and a minimum liquidity financial covenant tested at all times. On June 13, 2022, in connection with the Blue Torch Financing Agreement, the Company issued warrants to Blue Torch, which were exercisable for an aggregate of 437,024 shares of the Company’s Class A common stock with a per share exercise price of $ 16.08 (the “2022 Blue Torch Warrants”). In addition, in connection with the closing of the financing, the Company paid Urgent Capital LLC, a Delaware limited liability company, a fee for introducing the Company to the Lenders, for the purpose of loan financing, in the amount equal to $ 600 in cash and a warrant to purchase 24,834 fully paid and non-assessable shares of the Company's Class A common stock with a per share exercise price of $ 16.88 (the “Urgent Warrants”). On September 27, 2023, the Company entered into the Waiver and Amendment No. 2 to Financing Agreement (the “Waiver and Amendment”) with Blue Torch and the Lenders, which amends the Blue Torch Financing Agreement to (a) waive an event of default under the Blue Torch Financing Agreement arising out of the total annualized recurring revenue leverage ratio being greater than the permitted ratio, (b) amend the financial covenants to provide covenant relief from the maximum debt to annualized recurring revenue leverage ratio and the maximum debt to EBITDA leverage ratio set forth in the Blue Torch Financing Agreement for future periods, and (c) provide for a second amendment exit fee. The second amendment exit fee is $ 1,800 (which is an amount equal to one and a half percent ( 1.50 %) of the aggregate outstanding principal balance of the term loans on the effective date of the Waiver and Amendment), bears interest from the date of the Waiver and Amendment at the Adjusted Term SOFR for a 3-month interest period plus the applicable margin under the Financing Agreement, and is payable by the Company in cash upon the termination of the Blue Torch Financing Agreement, either as a result of acceleration of the loans or at the final maturity date. The Waiver and Amendment required a repayment by the Company of $ 2,500 of the outstanding principal balance of the term loans and a prepayment premium of $ 50 , which were paid on October 2, 2023. The Waiver and Amendment also requires additional reporting if the Company’s liquidity level is less than $ 35,000 at any time during a month and revises the minimum liquidity covenant to require liquidity of at least $ 30,000 at all times, commencing on September 30, 2023, which in both cases represent a $ 5,000 incremental change from the original requiremen ts. On September 27, 2023, in connection with the Waiver and Amendment, the Company and certain affiliates of Blue Torch amended and restated the 2022 Blue Torch Warrants to reduce the per share exercise price from $ 16.08 to $ 5.44 . The Company also concurrently issued new warrants to certain Blue Torch affiliates that are exercisable for an additional 597,082 shares of the Company’s Class A common stock at a per share exercise price of $ 5.44 (the “2023 Blue Torch Warrants" and together with the 2022 Blue Torch Warrants and the Urgent Warrants, the “Credit Agreement Warrants”). The Company evaluated the Credit Agreement Warrants and concluded that they do not meet the criteria to be classified within stockholders’ equity. The agreements governing the Credit Agreement Warrants include a provision that could result in a different settlement value for the Credit Agreement Warrants depending on their holder. Because the holder of an instrument is not an input into the pricing of a fixed-for-fixed option on the Company’s Class A common stock, the Credit Agreement Warrants are not considered to be indexed to the Company’s Class A common stock. As the Credit Agreement Warrants meet the definition of a derivative, the Company recorded these warrants as liabilities on the consolidated balance sheets at fair value (Note 8) based on the Black-Scholes model as of June 13, 2022, and September 27, 2023, with inputs that include the Company’s Class A common stock price in an actively traded market, making this fair value classified as a Level 2 financial instrument. The other significant assumptions used in the model are the exercise price, expected term, volatility, interest rate, and dividend yield. Subsequent changes in their respective fair values are recognized in the consolidated statements of operations at each reporting date. Changes in the fair value of the warrant liabilities will continue to be recognized until the warrants are exercised, expire, or qualify for equity classification. The Credit Agreement Warrants may be exercised on a cashless basis. The Credit Agreement Warrants are exercisable for a term beginning on the date of issuance and ending on the earlier to occur of ten years from the date of issuance or the consummation of certain of the Company's acquisitions as set forth in the Credit Agreement Warrants. The number of shares for which the Credit Agreement Warrants are exercisable and the associated exercise price are subject to certain proportional adjustments as set forth in the Credit Agreement Warrants. On April 8, 2024, the Company entered into Amendment No. 3 to Financing Agreement (the “Third Amendment”) with Blue Torch and the Lenders, which amends the Blue Torch Financing Agreement to (i) increase the maximum debt to EBITDA leverage ratio for the monthly periods ending June 30, 2024, July 31, 2024, and August 31, 2024, and to decrease the maximum permitted ratio thereafter, and (ii) amend the minimum liquidity covenant to require liquidity of at least $ 20,000 at all times, commencing on April 8, 2024, which represents a $ 10,000 decrease from the requirement in effect immediately prior to the effective date of the Third Amendment. On April 8, 2024, in accordance with the terms of the Third Amendment, the Company made a prepayment to Blue Torch of $ 10,000 in principal, plus an early termination fee of $ 200 . As the Company was not in compliance with its leverage ratio and minimum liquidity financial covenants and SEC periodic filing requirement non-financial covenant under the Blue Torch Financing Agreement, the balance due was reflected as a current liability in the condensed consolidated balance sheets as of June 30, 2024. Government Loan In November 2021, the Company completed the Acquisition and assumed an interest free loan agreement with the Strategic Innovation Fund (“SIF”) which was recorded at an amount equal to the proceeds received. Under this agreement and subsequent amendment, the Company was eligible to receive funding for certain expenditures incurred from February 13, 2018 to May 12, 2023, up to a maximum of $ 5,701 . The SIF loan agreement of $ 4,854 and $ 5,128 was included in long-term debt, non-current on the condensed consolidated balance sheets as of June 30, 2024 , and December 31, 2023, respectively. Any amount outstanding under this loan is repayable in 15 annual payments beginning February 28, 2026, and has a stated interest rate of zero.

Leases

Leases	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Leases	7. Leases Lease expenses were $ 1,168 and $ 2,325 for the three and six months ended June 30, 2024 , respectively, and were $ 1,034 and $ 1,965 for the three and six months ended June 30, 2023, respectively. Aggregate variable lease expenses and short-term lease expenses were $ 363 and $ 601 for the three and six months ended June 30, 2024 , respectively, and were $ 167 and $ 287 for the three and six months ended June 30, 2023, respectively. The following table provides the required information regarding the Company's leases for which the Company is the lessee: June 30, December 31, 2024 2023 Assets Right-of-use assets $ 13,454 $ 14,921 Liabilities Current $ 3,423 $ 3,506 Non-current 11,791 13,079 Total lease liabilities $ 15,214 $ 16,585 Weighted-average remaining lease term (years) 5.0 5.4 Weighted-average discount rate 8 % 8 % Approximately 77 % of the Company's right-of-use (“ROU”) assets and lease liabilities relate to office facilities leases, with the remaining amounts representing primarily ground station leases. As of June 30, 2024, the maturity of operating lease liabilities are as follows: Fiscal year ending December 31, Remainder of 2024 $ 2,360 2025 4,280 2026 3,872 2027 2,777 2028 1,848 Thereafter 3,532 Total lease payments 18,669 Less: Interest on lease payments ( 3,455 ) Present value of lease liabilities $ 15,214 Operating cash flows paid included in the measurement of operating lease liabilities were $ 820 and $ 1,692 for the three and six months ended June 30, 2024 , respectively, and were $ 660 and $ 890 for the three and six months ended June 30, 2023, respectively, and were included in net cash used in operating activities in the condensed consolidated statements of cash flows. Amortization of ROU assets was $ 989 and $ 1,798 for the three and six months ended June 30, 2024 , respectively, and was $ 904 and $ 1,128 for the three and six months ended June 30, 2023, respectively.

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurement	8. Fair Value Measurement The Company follows the guidance in Accounting Standards Codification (“ASC”) 820, “Fair Value Measurement” for its assets and liabilities that are re-measured and reported at fair value at the end of each reporting period. The fair value of the Company’s common stock warrant liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: Level 1: Quoted prices in active markets for identical assets or liabilities. Level 2: Significant other observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3: Unobservable inputs reflecting management’s assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment. The Company classifies financial instruments in Level 3 of the fair value hierarchy when there is reliance on at least one significant unobservable input to the valuation model. In addition to these unobservable inputs, the valuation models for Level 3 financial instruments typically also rely on a number of inputs that are readily observable, either directly or indirectly. The Company’s assessment of a particular input to the fair value measurement requires management to make judgments and consider factors specific to the asset or liability. The fair value hierarchy requires the use of observable market data when available in determining fair value. The Company recognizes transfers between levels within the fair value hierarchy, if any, at the end of each period. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables present the Company’s fair value hierarchy for its financial instruments that are measured at fair value on a recurring basis. June 30, 2024 Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents: Money market funds $ 10,241 $ — $ — $ 10,241 $ 10,241 $ — $ — $ 10,241 Marketable securities: U.S. treasury bills and bonds $ 20,274 $ — $ — $ 20,274 Corporate bonds — 999 — 999 Commercial paper — 998 — 998 $ 20,274 $ 1,997 $ — $ 22,271 Long-term liabilities: Credit Agreement Warrants $ — $ 10,350 $ — $ 10,350 Contingent earnout liability — — 1,452 1,452 $ — $ 10,350 $ 1,452 $ 11,802 December 31, 2023 Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents: Money market funds $ 10,114 $ — $ — $ 10,114 $ 10,114 $ — $ — $ 10,114 Marketable securities: U.S. treasury bills and bonds $ 8,840 $ — $ — $ 8,840 Commercial paper — 1,395 — 1,395 U.S. government and agency securities — 1,491 — 1,491 $ 8,840 $ 2,886 $ — $ 11,726 Long-term liabilities: Credit Agreement Warrants $ — $ 5,988 $ — $ 5,988 Contingent earnout liability — — 220 220 $ — $ 5,988 $ 220 $ 6,208 Financial Assets The Company values its Level 1 assets, consisting of money market funds, and U.S. treasury bills and bonds, using quoted prices in active markets for identical instruments. Financial assets whose fair values that are measured on a recurring basis using Level 2 inputs consist of commercial paper, corporate bonds, and U.S. government and agency securities. The Company measures the fair values of these assets with the help of a pricing service that either provides quoted market prices in active markets for identical or similar securities or uses observable inputs for their pricing without applying significant adjustments. Credit Agreement Warrants On June 13, 2022, in connection with the Blue Torch Financing Agreement, the Company issued the 2022 Blue Torch Warrants to Blue Torch, which were exercisable for an aggregate of 437,024 shares of the Company’s Class A common stock with a per share exercise price of $ 16.08 . Additionally, in connection with the closing of the financing, the Company issued the Urgent Warrants to Urgent Capital LLC for introducing the Company to the Lenders, which is exercisable for an aggregate of 24,834 shares of the Company's Class A common stock with a per share exercise price of $ 16.08 . On September 27, 2023, in connection with the Waiver and Amendment, the Company and certain affiliates of Blue Torch amended and restated the 2022 Blue Torch Warrants to reduce the per share exercise price from $ 16.08 to $ 5.44 . The Company also concurrently issued the 2023 Blue Torch Warrants to those affiliates that are exercisable for an additional 597,082 shares of the Company’s Class A common stock at a per share exercise price of $ 5.44 . The fair value of the Credit Agreement Warrants is estimated using the Black-Scholes model with inputs that include the Company’s Class A common stock price in an actively traded market, making this fair value classified as a Level 2 financial instrument. The other significant assumptions used in the model are the exercise price, expected term, volatility, interest rate, and expected dividend yield. The table below quantifies the significant inputs used for the Credit Agreement Warrants: June 30, December 31, 2024 2023 Fair value of the Company’s Class A common stock $ 10.84 $ 7.82 Exercise price $ 5.44 - 16.08 $ 5.44 - 16.08 Risk-free interest rate 4.33 % - 4.36 % 3.88 % Expected volatility factor 93.0 % 55.0 % Expected dividend yield — % — % Remaining contractual term (in years) 8.0 - 9.2 8.5 - 9.7 Securities Purchase Agreement Warrants On March 21, 2024, the Company entered into the Securities Purchase Agreement with the Investors, pursuant to which the Company issued and sold in the Offering, (i) an aggregate of 2,142,858 shares of Class A common stock and (ii) Securities Purchase Agreement Warrants exercisable for an aggregate of 2,142,858 shares of Class A common stock to the Investors. Each share of Class A common stock and accompanying Securities Purchase Agreement Warrant to purchase one share of Class A common stock was sold at an offering price of $ 14.00 . The aggregate gross proceeds to the Company from the Offering totaled $ 30,000 before deducting the placement agent’s fees and related offering expenses. The Securities Purchase Agreement Warrants had an exercise price equal to $ 14.50 per share of Class A common stock, were exercisable for a term beginning on March 25, 2024 an d expired on July 3, 2024, with no warrants exercised. The warrant liability relating to the Securities Purchase Agreement Warrants was reversed as of June 30, 2024, since the Company's per share market value as of June 30, 2024, was below the exercise price of such warrants. Contingent Earnout Liability In connection with the Merger, eligible Spire equity holders are entitled to receive additional shares of the Company's Class A common stock upon the achievement of certain earnout triggering events. The estimated fair value of the contingent earnout liability is determined using a Monte Carlo simulation using a distribution of potential outcomes on a monthly basis over the earnout period, which is a period up to five years post-closing of the Merger, prioritizing the most reliable information available, making this fair value classified as a Level 3 liability. The assumptions utilized in the calculation are based on the achievement of certain stock price milestones, including the current price of the Company’s Class A common stock, expected volatility, risk-free interest rate, expected term and expected dividend yield. The table below quantifies the significant inputs used for the contingent earnout liability: June 30, December 31, 2024 2023 Fair value of the Company’s Class A common stock $ 10.84 $ 7.82 Risk-free interest rate 4.69 % 4.09 % Expected volatility factor 93.0 % 55.0 % Earnout expiration date August 16, 2026 August 16, 2026 The following table presents a summary of the changes in the fair value of the Company’s Level 3 financial instruments that are measured at fair value on a recurring basis: Contingent Fair value as of December 31, 2023 $ 220 Change in fair value of contingent earnout liability 1,232 Fair value as of June 30, 2024 $ 1,452 Cash and Cash Equivalents and Marketable Securities The following tables summarize the Company's cash, cash equivalents and available-for-sale securities by significant marketable securities category: June 30, 2024 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Cash and cash equivalents: Cash $ 13,287 $ — $ — $ 13,287 Cash equivalents: Money market funds 10,241 — — 10,241 $ 23,528 $ — $ — $ 23,528 Marketable Securities: U.S. treasury bills and bonds $ 20,274 $ — $ — $ 20,274 Corporate bonds 999 — — 999 Commercial paper 999 — ( 1 ) 998 $ 22,272 $ — $ ( 1 ) $ 22,271 December 31, 2023 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Cash and cash equivalents: Cash $ 19,022 $ — $ — $ 19,022 Cash equivalents: Money market funds 10,114 — — 10,114 $ 29,136 $ — $ — $ 29,136 Marketable Securities: U.S. treasury bills and bonds $ 8,838 $ 2 $ — $ 8,840 Commercial paper 1,395 — — 1,395 U.S. government and agency securities 1,492 — ( 1 ) 1,491 $ 11,725 $ 2 $ ( 1 ) $ 11,726 The following table represents amortized cost and estimated fair value of marketable securities, by contractual maturity: June 30, 2024 Amortized Cost Fair Value Due in one year or less $ 22,272 $ 22,271 In accordance with the Company's investment policy, investments are placed in investment grade securities with high credit quality issuers, and generally limit the amount of credit exposure to any one issuer. The Company evaluates securities for impairment at the end of each reporting period. The Company did not record any impairment charges related to its available-for-sale securities during the three and six months ended June 30, 2024 and 2023.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies L3Harris Commitment In conjunction with the Acquisition, the Company acquired the agreement (the “L3Harris Agreement”) with L3Harris Technologies, Inc. (“L3Harris”) to receive satellite automatic identification system (“S-AIS”) data from the L3Harris AppStar payloads on-board Iridium NEXT Constellation, Iridium's Real-Time, Second-Generation satellite constellation with 58 AppStar payloads. Under the Amended and Restated L3Harris Agreement dated January 21, 2020 (the “A&R L3Harris Agreement”), the Company incurs a fixed fee of $ 358 per month. The A&R L3Harris Agreement expires on August 7, 2031. Under the A&R L3Harris Agreement, the Company will pay a 30 % share of S-AIS data revenues for the portion of exactEarth annual S-AIS data revenue which is in excess of $ 16,000 . No revenue share was owed to L3Harris under the A&R L3Harris Agreement, with respect to AIS Analytics sales, as of or for the three and six months ended June 30, 2024 and 2023. The Company recognized $ 1,245 and $ 2,483 in cost of revenue on the condensed consolidated statements of operations for costs incurred to acquire exclusive access rights to data generated from satellites for the three and six months ended June 30, 2024 , respectively, and $ 1,235 and $ 2,488 for the three and six months ended June 30, 2023, respectively. The following table summarizes the operational fees commitment under the A&R L3Harris Agreement, which includes the fixed payment obligations to L3Harris: Future Payment Obligations Fiscal year ending December 31, Remainder of 2024 $ 2,150 2025 4,300 2026 4,300 2027 4,300 2028 4,300 Thereafter 11,189 $ 30,539 Note Receivable The Company has outstanding a $ 4,500 note receivable plus accrued interest of $ 551 issued to a Space Services customer as of June 30, 2024. The note and accrued interest were due in October 2024. The Company is aware that the customer has been using cash in its operations and its available cash is low. Given the customer's financial performance, there is an indication that it will not have sufficient cash available to repay the note when it is due. The customer has announced that it has secured a financing arrangement with its principal shareholder that would provide it sufficient funds to repay the note and the customer has asserted to the Company its intention to repay the note. The Company believes that a loss of the entire principal value and accrued interest is reasonably possible but not probable. The Company recorded a provision for the current expected credit loss of $ 1,298 as of June 30, 2024. Litigation At times, the Company is party to various claims and legal actions arising in the normal course of business. Although the ultimate outcome of these matters is not presently determinable, management believes that the resolution of all such pending matters, based on an assessment of the current facts and circumstances, will not have a material adverse effect on the Company’s business, results of operations, financial condition or cash flows; however, there can be no assurance that the ultimate resolution of these matters will not have a material impact on the Company’s condensed consolidated financial statements in any period.

Stock Based Compensation

Stock Based Compensation	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	10. Stock-Based Compensation In connection with the Closing, the Company adopted the 2021 Equity Incentive Plan (the “2021 Plan”) and the 2021 Employee Stock Purchase Plan (the “2021 ESPP”). The number of shares available for issuance under the 2021 Plan is increased on the first day of each fiscal year, beginning on January 1, 2022, in an amount as provided in the 2021 Plan. Pursuant to this automatic increase feature of the 2021 Plan, 1,054,867 shares were added as available for issuance thereunder on January 1, 2024. As of June 30, 2024, 1,318,419 shares were available for issuance under the 2021 Plan. The number of shares available for issuance under the 2021 ESPP is increased on the first day of each fiscal year, beginning on January 1, 2022, in an amount as provided in the 2021 ESPP. Pursuant to this automatic increase feature of the 2021 ESPP, 210,973 shares were added as available for issuance thereunder on January 1, 2024. As of June 30, 2024, 663,756 shares were available for issuance under the 2021 ESPP. The following table summarizes stock option activity under our equity compensation plans: Number of Weighted- Weighted- Aggregate Intrinsic Value ('000) (in years) Options outstanding as of December 31, 2023 2,198,552 $ 17.11 5.0 Granted 33,901 $ 10.17 Exercised ( 37,758 ) $ 7.13 Forfeited, canceled, or expired ( 192,908 ) $ 21.78 Options outstanding as of June 30, 2024 2,001,787 $ 16.74 5.0 $ 1,438 Vested and expected to vest at June 30, 2024 2,001,787 $ 16.74 5.0 $ 1,438 Exercisable at June 30, 2024 1,857,054 $ 16.44 4.8 $ 1,416 The aggregate intrinsic value of options exercised was $ 189 and the cash proceeds from the options exercised was $ 269 during the six months ended June 30, 2024. There were no options exercised during the six months ended June 30, 2023. The aggregate fair value of options vested was $ 1,686 and $ 1,961 during the six months ended June 30, 2024 and 2023, respectively. There were 33,901 and 61,446 options granted during the six months ended June 30, 2024 and 2023, respectively. The weighted-average grant date fair value of such options granted was $ 5.15 and $ 2.80 during the six months ended June 30, 2024 and 2023, respectively. The following table summarizes restricted stock unit ("RSU") activity under the 2021 Plan: Number of RSUs Weighted Average Grant Date Fair Value per Share Outstanding as of December 31, 2023 1,847,583 $ 10.17 RSUs granted 2,412,784 $ 13.17 RSUs vested ( 584,746 ) $ 10.97 RSUs forfeited ( 799,786 ) $ 13.35 Outstanding as of June 30, 2024 2,875,835 $ 11.64 For RSUs with service-based vesting conditions, the fair value is calculated based upon the Company’s closing stock price on the date of grant, and the stock-based compensation expense is recognized over the applicable grant vesting term, generally three to four years. As of June 30, 2024, there was $ 28,520 of total unrecognized compensation expense related to options and RSUs expected to be recognized over a weighted average period of 1.8 years. The following table summarizes the components of total stock-based compensation expense based on roles and responsibilities of the employees within the condensed consolidated statements of operations: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Cost of revenue $ 63 $ 48 $ 124 $ 125 Research and development 1,210 902 2,228 1,553 Sales and marketing 944 619 1,619 1,056 General and administrative 2,578 1,771 4,452 3,252 $ 4,795 $ 3,340 $ 8,423 $ 5,986

Net Loss per Share

Net Loss per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Net Loss per Share	11. Net Loss per Share The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (As Restated) (As Restated) Numerator: Net loss $ ( 16,559 ) $ ( 18,372 ) $ ( 42,103 ) $ ( 37,027 ) Denominator: Weighted-average shares used in computing basic and diluted 24,487,484 18,468,949 23,150,265 18,283,958 Basic and diluted net loss per share $ ( 0.68 ) $ ( 0.99 ) $ ( 1.82 ) $ ( 2.03 ) The Company has two classes of common stock, Class A and Class B. Class B common stock has no economic rights, and therefore, has been excluded from the computation of basic and diluted net loss per share. Potentially dilutive securities have been excluded from the computation of diluted net loss per share as the effect would reduce net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following potential shares of Class A common stock, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the three and six months ended June 30, 2024 and 2023, because including them would have had an anti-dilutive effect: Three and Six Months Ended June 30, 2024 2023 Stock options and 2021 ESPP 2,015,824 2,392,677 RSUs 2,875,835 1,877,874 Credit Agreement Warrants 1,058,940 461,860 5,950,599 4,732,411

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	12. Subsequent Events On August 27, 2024, the Company entered into Waiver and Amendment No. 4 to Financing Agreement (the “Fourth Amendment”) with Blue Torch and the Lenders, which amends the Blue Torch Financing Agreement, to (i) waive events of default under the Blue Torch Financing Agreement arising out of the maximum debt to EBITDA leverage ratio being greater than the ratio permitted by the Blue Torch Financing Agreement and the failure to deliver the financial statements for the fiscal quarter ended June 30, 2024 required by the Blue Torch Financing Agreement, (ii) amend the financial covenants in the Blue Torch Financing Agreement to provide immediate covenant relief from the leverage ratios set forth in the Blue Torch Financing Agreement and extend the duration of the annualized recurring revenue (ARR) leverage ratio through December 31, 2024, and (iii) provide for a fourth amendment fee. The fourth amendment fee is in an amount equal to three and a half percent (3.50%) of the aggregate outstanding principal balance of the term loans on the effective date of the Fourth Amendment, bears interest from the date of the Fourth Amendment at Adjusted Term SOFR for a 3-month interest period plus the applicable margin under the Blue Torch Financing Agreement, and shall be paid-in-kind and added to the principal balance of the term loans. On August 27, 2024, in accordance with the terms of the Fourth Amendment, the Company made a prepayment to Blue Torch of $ 10,000 in principal, plus an early termination fee of $ 100 . On November 13, 2024, the Company entered into the Purchase Agreement with Buyer, pursuant to which the Company agreed to complete the Transactions. The maritime business to be sold pursuant to the Transactions does not include any part of the Company’s satellite network or operations. The purchase price to be paid by Buyer to the Company at the closing of the Transactions is a cash payment based upon an enterprise value of $ 233,500 , subject to certain adjustments. The Transactions also include a twelve-month transition service and data provision agreement for $ 7,500 . The Purchase Agreement provides that the closing of the Transactions is subject to the satisfaction or waiver of certain closing conditions set forth in the Purchase Agreement. On February 10, 2025, the Company filed a complaint in the Delaware Court of Chancery against Buyer seeking a grant of specific performance ordering Buyer to satisfy its obligations under the Purchase Agreement and consummate the closing in accordance with the terms of the Purchase Agreement. In the complaint, the Company also requested a declaratory judgment declaring that Buyer has breached its obligations under the Purchase Agreement and is not excused from performing its obligations under the Purchase Agreement, including proceeding with the closing. Kpler removed the matter to the District of Delaware, pursuant to a contract term in the Purchase Agreement promising not to contest removal to that court. The District of Delaware initially selected a March 4 trial date, but on February 26, 2025, the court set a trial date of May 28-30, 2025. There is no assurance as to what action the District of Delaware will take with respect to the proceeding initiated by the Company and there is no assurance as to whether or not the Transactions will be consummated on the terms contemplated or at all. The amount of any damages which may be sought or obtained from Buyer cannot be determined at this time.

Restatement of Quarterly Financ

Restatement of Quarterly Financial Information (Unaudited)	6 Months Ended
	Jun. 30, 2024
Disclosure Text Block [Abstract]
Restatement of Quarterly Financial Information (Unaudited)	13. Restatement of Quarterly Financial Information The following tables present the effect of the restatement on the Company's previously reported: unaudited condensed consolidated statements of operations and condensed consolidated statements of comprehensive loss for the three and six months ended June 30, 2023 and unaudited condensed consolidated statements of cash flows for the six months ended June 30, 2023. The values as previously reported were derived from the previously filed Quarterly Reports on Form 10-Q for the period ended June 30, 2023. Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Unaudited Condensed Consolidated Statements of Operations Notes As Previously Reported Restatement Adjustments As Restated As Previously Reported Restatement Adjustments As Restated Revenue (i) $ 26,493 $ 1,572 $ 28,065 $ 50,661 $ 621 $ 51,282 Cost of revenue (ii) $ 9,633 $ 5,612 $ 15,245 $ 19,993 $ 8,621 $ 28,614 Gross profit $ 16,860 $ ( 4,040 ) $ 12,820 $ 30,668 $ ( 8,000 ) $ 22,668 Research and development (iii) $ 9,752 $ ( 2,097 ) $ 7,655 $ 19,415 $ ( 4,442 ) $ 14,973 General and administrative (iv) $ 10,899 $ ( 181 ) $ 10,718 $ 22,669 $ ( 128 ) $ 22,541 Total operating expenses $ 27,852 $ ( 2,278 ) $ 25,574 $ 56,135 $ ( 4,570 ) $ 51,565 Loss from operations $ ( 10,992 ) $ ( 1,762 ) $ ( 12,754 ) $ ( 25,467 ) $ ( 3,430 ) $ ( 28,897 ) Foreign exchange loss (v) $ ( 435 ) $ ( 51 ) $ ( 486 ) $ 589 $ ( 62 ) $ 527 Other (expense) income, net (vi) $ ( 1,038 ) $ ( 92 ) $ ( 1,130 ) $ ( 1,800 ) $ 359 $ ( 1,441 ) Total other income (expense), net $ ( 5,061 ) $ ( 143 ) $ ( 5,204 ) $ ( 7,990 ) $ 297 $ ( 7,693 ) Loss before income taxes $ ( 16,053 ) $ ( 1,905 ) $ ( 17,958 ) $ ( 33,457 ) $ ( 3,133 ) $ ( 36,590 ) Income tax provision (vii) $ 213 $ 201 $ 414 $ 482 $ ( 45 ) $ 437 Net loss $ ( 16,266 ) $ ( 2,106 ) $ ( 18,372 ) $ ( 33,939 ) $ ( 3,088 ) $ ( 37,027 ) Basic and diluted net (1) $ ( 0.88 ) $ ( 0.11 ) $ ( 0.99 ) $ ( 1.86 ) $ ( 0.17 ) $ ( 2.03 ) Weighted-average shares used (1) 18,468,949 - 18,468,949 18,283,958 - 18,283,958 Description of restatement adjustments in the condensed consolidated statements of operations: (i) The $ 1,572 and $ 621 increases in revenue for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue recognition for Space Services and R&D Services Contracts. (ii) Adjustments to cost of revenue: a. The $ 5,612 increase in cost of revenue for the three months ended June 30, 2023 resulted from an increase of $ 3,456 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, an increase of $ 2,097 from costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue a, and an increase of $ 59 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. b. The $ 8,621 increase in cost of revenue for the six months ended June 30, 2023 resulted from an increase of $ 4,442 from costs associated with R&D Services Contracts being reclassified from research and development to cost of revenue, an increase of $ 4,100 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, and an increase of $ 79 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. (iii) The $ 2,097 and $ 4,442 decreases in research and development expense for the three months and six months ended June 30, 2023, respectively, are related to costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue. (iv) Adjustments to general and administrative: a. The $ 181 decrease in general and administrative for the three months ended June 30, 2023 resulted from a decrease of $ 92 for the other state taxes reclassified from other expense, net, a decrease of $ 59 for the supply chain department costs reclassified to cost of revenue, and a decrease of $ 30 for the Delaware franchise tax accrual and reclassification. b. The $ 128 decrease in general and administrative for the six months ended June 30, 2023 resulted from a decrease of $ 408 for the Delaware franchise tax accrual and reclassification and a decrease of $ 79 for the supply chain department costs reclassified to cost of revenue, partially offset by an increase of $ 359 for the other state taxes reclassified from other expense, net. (v) The $ 51 and $ 62 decreases in foreign exchange losses for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue and cash remeasurement adjustment. (vi) The $ 92 and $ 359 change in other (expense) income, net for the three months and six months ended June 30, 2023, respectively, is related to the reclassification of other state taxes to general and administrative expense. (vii) The $ 201 increase and $ 45 decrease in income tax provisions for the three months and six months ended June 30, 2023, respectively, are related to the impact to income tax provision as a result of the revenue adjustments. Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Unaudited Condensed Consolidated Statements of Comprehensive Loss Notes As Previously Reported Restatement Adjustments As Restated As Previously Reported Restatement Adjustments As Restated Net loss $ ( 16,266 ) $ ( 2,106 ) $ ( 18,372 ) $ ( 33,939 ) $ ( 3,088 ) $ ( 37,027 ) Foreign currency (i) $ 4,341 $ 16 $ 4,357 $ 2,752 $ ( 9 ) $ 2,743 Comprehensive loss $ ( 11,932 ) $ ( 2,090 ) $ ( 14,022 ) $ ( 31,150 ) $ ( 3,097 ) $ ( 34,247 ) Description of restatement adjustments in the condensed consolidated statements of comprehensive loss: (i) The $ 16 foreign currency translation gain and $ 9 foreign currency translation loss for the three months and the six months ended June 30, 2023, respectively, are related to the foreign currency translation impact of the condensed consolidated statements of operations adjustments (i) to (v) above. Six Months Ended June 30, 2023 Unaudited Condensed Consolidated Statements of Cash Flows Notes As Previously Reported Restatement Adjustments As Restated Net loss $ ( 33,939 ) $ ( 3,088 ) $ ( 37,027 ) Other, net (i) $ ( 281 ) $ 8 $ ( 273 ) Change in contract assets (ii) $ ( 1,506 ) $ 199 $ ( 1,307 ) Other current assets (iii) $ 263 $ ( 1,917 ) $ ( 1,654 ) Change in contract liabilities (iv) $ 5,467 $ ( 819 ) $ 4,648 Other accrued expenses (v) $ 766 $ ( 407 ) $ 359 Net cash used in $ ( 22,591 ) $ ( 6,024 ) $ ( 28,615 ) Purchase of property and equipment (vi) $ ( 12,677 ) $ 6,024 $ ( 6,653 ) Net cash used in investing activities $ ( 10,122 ) $ 6,024 $ ( 4,098 ) Effect of foreign currency translation on (vii) $ 597 $ ( 59 ) $ 538 Cash, cash equivalents and restricted cash - $ 43,627 $ ( 59 ) $ 43,568 Description of restatement adjustments in the condensed consolidated statements of cash flows: (i) The $8 adjustment to change in other, net for the six months ended June 30, 2023 represents the change in deferred income tax liabilities related to the impact to income tax provision as a result of the revenue adjustments. (ii) The $ 199 adjustment to change in contract assets for the six months ended June 30, 2023 is related to the impact to short-term and long-term balances of contract assets from the correction of revenue recognition for Space Services and R&D Services Contracts. (iii) The $ 1,917 adjustment to other current assets for the six months ended June 30, 2023 resulted from an increase of $ 1,274 in prepaid launch costs for customer-controlled satellites for one specific contract that is capitalized into other current assets instead of property and equipment, and an increase of $ 643 from the net change in advances for fixed assets balance reclassified out of other current assets into property and equipment. (iv) The $ 819 adjustment to change in contract liabilities for the six months ended June 30, 2023 is related to the impact in contract liabilities from the correction of revenue recognition for Space Services and R&D Services Contracts. (v) The $ 407 adjustment to change in other accrued expense for the six months ended June 30, 2023 is related to the Delaware franchise tax accrual . (vi) The $ 6,024 decrease in purchase of property and equipment for the six months ended June 30, 2023 resulted from a decrease of $ 4,101 in costs incurred to build the customer-controlled satellites for one specific contract being expensed rather than capitalized into the Company's property and equipment, a decrease of $ 1,275 from prepaid launch costs for the customer-controlled satellites for one specific contract being reclassified into other current assets rather than capitalized into the Company's property and equipment, and a decrease of $648 from noncash addition to property and equipment from the prior period advances that were incorrectly reflected as current period’s cash purchase. (vii) The $ 59 decrease in cash and cash equivalents as of June 30, 2023 is related to the cash remeasurement adjustment for cash balances from certain foreign subsidiaries, which resulted in a $59 change in effect of foreign currency translation on cash, cash equivalents and restricted cash for the six months ended June 30, 2023.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The condensed consolidated financial statements and accompanying notes are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and regulations of the U.S. Securities and Exchange Commission (the “SEC") for interim financial reporting. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to rules and regulations applicable to interim financial reporting. The unaudited condensed consolidated financial statements were prepared on the same basis as the audited consolidated financial statements and, in the opinion of management, contain all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of its financial position, results of operations and cash flows for the periods indicated. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements included within the Form 10-K/A. The information as of December 31, 2023, included on the condensed consolidated balance sheets was derived from the Company’s audited consolidated financial statements. All intercompany accounts and transactions have been eliminated in consolidation. Results of operations for the three and six months ended June 30, 2024, are not necessarily indicative of the results that may be expected for any other interim period or for the year ending December 31, 2024. Reverse Stock Split For the three and six months ended, and as of, June 30, 2023, reported share amounts, including issued and outstanding shares, per share amounts, and reported issued and outstanding warrants and other securities convertible into common stock in these condensed consolidated financial statements and accompanying notes have been retroactively adjusted for the Reverse Stock Split by applying the Reverse Stock Split ratio. The number of authorized shares of common stock was not impacted by the Reverse Stock Split, and therefore has not been retroactively adjusted.
Liquidity Risks and Uncertainties	Liquidity Risks and Uncertainties The Company has a history of operating losses and negative cash flows from operations since inception. During the six months ended June 30, 2024, net loss was $ 42,103 , cash used in operations was $ 13,239 and the Company received net proceeds of $ 9,825 from the Private Placement and $ 28,056 from the Offering. The Company held cash and cash equivalents of $ 23,528 , excluding restricted cash of $ 488 , and investment in short-term marketable securities of $ 22,271 as of June 30, 2024. The Company’s ability to continue as a going concern for the next 12 months from the date of issuance of these condensed consolidated financial statements is dependent upon its ability to obtain sufficient cash to meet its obligations, including the repayment of all amounts owed pursuant to the Blue Torch Financing Agreement (as amended, and as defined below in Note 6). The Company has failed to meet its leverage ratio and minimum liquidity financial covenants and SEC periodic filing requirement non-financial covenant under the Blue Torch Financing Agreement, and therefore Blue Torch Finance LLC (“Blue Torch”) has the right to accelerate and declare all or any portion of the loans outstanding under the Blue Torch Financing Agreement to be due and payable. Further, upon the filing of the Form 10-K/A, the Company failed to comply with the non-financial covenant requiring the Company to have a report or opinion of its auditor without an explanatory paragraph expressing substantial doubt about its ability to continue as a going concern. Based on the Company’s current cash and cash equivalents and investment in marketable securities balances and expected future financial results, if the Transactions (as defined below) do not close, the Company will not have sufficient liquidity to continue operations for at least the next twelve months from the issuance of these condensed consolidated financial statements. Furthermore, the Company will not have sufficient cash to repay the balance of the loans outstanding under the Blue Torch Financing Agreement in the event Blue Torch declares all or any portion of the loans to be due and payable. The Company entered into a Share Purchase Agreement (the “Purchase Agreement”) with Kpler Holding SA, a Belgian corporation (“Buyer”), pursuant to which the Company agreed to sell its maritime business to Buyer and enter into certain ancillary agreements (the “Transactions”). The maritime business to be sold pursuant to the Transactions does not include any part of the Company’s satellite network or operations. The purchase price to be paid by Buyer to the Company at the closing of the Transactions is a cash payment based upon an enterprise value of $ 233,500 , subject to certain adjustments. The Transactions also include a twelve-month transition service and data provision agreement for $ 7,500 . The Purchase Agreement provides that the closing of the Transactions is subject to the satisfaction or waiver of certain closing conditions set forth in the Purchase Agreement. On February 10, 2025, the Company filed a complaint in the Delaware Court of Chancery against Buyer seeking a grant of specific performance ordering Buyer to satisfy its obligations under the Purchase Agreement and consummate the closing in accordance with the terms of the Purchase Agreement. In the complaint, the Company also requested a declaratory judgment declaring that Buyer has breached its obligations under the Purchase Agreement and is not excused from performing its obligations under the Purchase Agreement, including proceeding with the closing. Kpler removed the matter to the District of Delaware, pursuant to a contract term in the Purchase Agreement promising not to contest removal to that court. The District of Delaware initially selected a March 4 trial date, but on February 26, 2025, the court set a trial date of May 28-30, 2025. There is no assurance as to what action the District of Delaware will take with respect to the proceeding initiated by the Company and there is no assurance as to whether or not the Transactions will be consummated on the terms contemplated or at all. The amount of any damages which may be sought or obtained from Buyer cannot be determined at this time. The Company intends to use the proceeds from the closing of the Transactions to repay all amounts owed under the Blue Torch Financing Agreement. However, as described above, there is currently no assurance that the Transactions will close or when the Transactions may close. Given the expected delay in the closing of the Transactions, the Company intends to seek additional equity or debt financing (including securities convertible or exchangeable for equity) and may seek waivers of or amendments to contractual obligations, delay, limit, reduce, or terminate certain commercial efforts, or pursue merger, disposition or other strategies, any of which could adversely affect its business, results of operations, and financial condition. There is no assurance that the Company will be successful in achieving any of the foregoing. Due to the Company’s projected cash needs, including amounts owed pursuant to the Blue Torch Financing Agreement and the Company’s breach of its covenants under the Blue Torch Financing Agreement, there is substantial doubt about its ability to continue as a going concern for a period of at least 12 months from the date of issuance of these condensed consolidated financial statements. The condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Macroeconomic and Geopolitical	Macroeconomic and Geopolitical Over the past two years, the Company has been impacted by the macroeconomic environment, such as fluctuations in foreign currencies, increasing interest rates, and geopolitical conflicts like the Russian invasion of Ukraine, Israel's war with Hamas and the increased tensions between China and the United States. The U.S. Dollar exhibited a modest decrease in strength against the local functional currencies of our foreign subsidiaries for the six months ended June 30, 2024, as compared to the six months ended June 30, 2023. The U.S. Dollar's modest decrease had a marginal positive impact on the Company's revenue, as approximately one-third of the Company's sales are conducted in foreign currencies. Conversely, the decrease in the value of the U.S. Dollar had a marginal unfavorable impact on the Company's expenses, given that a majority of the Company's workforce resides in countries other than the United States. The macroeconomic environment has caused existing or potential customers to re-evaluate their decision to purchase the Company's offerings, at times resulting in additional customer discounts, extended payment terms, and longer sales cycles. Increasing interest rates for the six months ended June 30, 2024, compared to the six months ended June 30, 2023, resulted in higher interest expenses as the Company’s credit facility is based on a floating interest rate. The Russian invasion of Ukraine and the continued conflict created additional global sanctions, which caused scheduling shifts or launch cancellations by third-party satellite launch providers, and negatively impacted the availability of launch windows for the Company's constellation replenishment efforts. If any of these factors continue or worsen, and/or if new macroeconomic or geopolitical issues arise, the Company's results and financial condition could be further negatively impacted. The Company cannot predict the timing, strength, or duration of any economic slowdown, downturn, instability, or recovery, generally or within any particular industry or geography. Any downturn of the general economy or industries in which the Company operates would adversely affect its business, financial condition, and results of operations.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities at the dates of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Management’s significant estimates include assumptions for revenue recognition, which requires estimates of total costs used in measuring the progress of completion for the cost-based input method, allowance for current expected credit losses, valuation of certain assets and liabilities acquired from the acquisition of exactEarth in November 2021 (the “Acquisition”), realizability of deferred income tax assets, and fair value of equity awards, contingent earnout liabilities, and warrant liabilities. Actual results could differ from those estimates. Based on an evaluation of the lifespans of its in-service satellites and on current capabilities to extend the useful life of in-service satellites via software updates, the Company changed the estimated useful life of its capitalized satellites and related launch costs from three to four years for depreciation purposes. The Company determined it was appropriate to make this change beginning June 2023. In November 2023, the Company updated the estimated useful lives for 43 capitalized satellites and related launch costs based on updated de-orbit dates. This change represents a change in accounting estimate and the impact of the change was an increase in loss from continuing operations before income taxes of approximately $ 1,584 , or $ 0.06 per basic and diluted share, and $ 4,592 or $ 0.20 per basic and diluted share, for the three and six months ended June 30, 2024 , respectively.
Cash, Cash Equivalents, Marketable Securities and Restricted Cash	Cash, Cash Equivalents, Marketable Securities, and Restricted Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Restricted cash included in other long-term assets, including restricted cash on the condensed consolidated balance sheets, represents amounts pledged as guarantees or collateral for financing arrangements and lease agreements, as contractually required. The Company invests in highly rated securities with the primary objective of minimizing the potential risk of principal loss. The Company’s investment policy generally requires securities to be investment-grade and limits the amount of credit exposure to any one issuer. The Company’s investments in marketable debt securities have been classified and accounted for as available-for-sale. The Company classifies its marketable debt securities as either short-term or long-term based on each instrument’s underlying contractual maturity date. Unrealized gains and losses on marketable debt securities classified as available-for-sale are recognized in accumulated other comprehensive loss. Interest on securities classified as available-for-sale is included in interest income on the condensed consolidated statements of operations. The following table shows components of cash, cash equivalents, and restricted cash reported on the condensed consolidated balance sheets and in the condensed consolidated statements of cash flows as of the dates indicated: June 30, December 31, 2024 2023 Cash and cash equivalents $ 23,528 $ 29,136 Restricted cash included in Other long-term assets 488 497 $ 24,016 $ 29,633
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents and restricted cash, marketable securities, and accounts receivable. The Company typically has cash accounts in excess of Federal Deposit Insurance Corporation insurance coverage limits. The Company has not experienced any losses on such accounts and management believes that the Company’s risk of loss is remote. The Company has a $ 4,500 note receivable and $ 551 of accrued interest receivables relating to one customer. The Company has established a $ 1,298 allowance of current expected credit loss for the note receivable and accrued interest receivable as of June 30, 2024. The Company has a concentration of contractual revenue arrangements with various government agencies. Entities under common control are reported as a single customer. As of June 30, 2024 , and December 31, 2023, the Company did not have any customers that accounted for more than 10 % of the Company’s total accounts receivable. The following customers represented 10% or more of the Company’s total revenue for each of the following periods: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (As Restated) (As Restated) Customer A (1) 31 % 33 % 23 % 32 % Customer B * 13 % 16 % * * Revenue from this customer was less than 10 % of total revenue during the period. (1) C onsists of multiple U.S. government agencies, of which one government agency represented greater than 10 % of total revenue for each of the three and six months ended June 30, 2024 and 2023.
Related Parties	Related Parties In conjunction with the Company's acquisition of exactEarth in November 2021, Myriota Pty Ltd (“Myriota”), an existing Spire customer, became a related party as a result of exactEarth's approximately 13 % ownership of Myriota at the time of acquisition. As of June 30, 2024 , the Company had 11.5 % ownership of Myriota. The investment in Myriota of $ 1,556 and $ 2,216 was included in other long-term assets, including restricted cash on the condensed consolidated balance sheets as of June 30, 2024 , and December 31, 2023, respectively. The Company accounts for this investment using the equity method of accounting. The Company's share of earnings or losses on the investment is recorded on a one month lag, due to the timing of receiving financial statements from Myriota, as a component of other expense, net in the condensed consolidated statements of operations. The Company generated $ 226 and $ 443 in revenue from Myriota for the three and six months ended June 30, 2024, respectively, and had $ 54 of accounts receivable, and $ 180 of contract liabilities, noncurrent from Myriota as of June 30, 2024 . The Company generated $ 238 and $ 463 in revenue from Myriota for the three and six months ended June 30, 2023, respectively, and had no accounts receivable from Myriota as of December 31, 2023.
Accounting Pronouncements Recently Adopted	Accounting Pronouncements Recently Adopted In March 2023,the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-01, Leases – Common Control Arrangements (Topic 842), to improve the accounting for amortizing leasehold improvements associated with arrangements between entities under common control. The amendment requires that leasehold improvements be amortized by the lessee over the useful life of the leasehold improvements to the common control group (regardless of the lease term) as long as the lessee controls the use of the underlying asset through a lease. Additionally, leasehold improvements should be accounted for as a transfer between entities under common control through an adjustment to equity when the lessee no longer controls the use of the underlying asset. The amendments in this update are effective for financial statements issued for annual periods beginning after December 15, 2023, with early adoption permitted. The adoption of ASU 2023-01 as of January 1, 2024, did not impact the Company’s condensed consolidated financial statements. In August 2023, the FASB issued ASU 2023-05, Business Combinations – Joint Venture Formations (Subtopic 805-60) : Recognition and Initial Measurement. The amendments in this ASU are intended to facilitate consistency in the application of accounting guidance upon the formation of entities qualifying as joint ventures (“JVs”). This ASU generally requires the use of business combinations accounting at the JV formation date, which would result in the contributed assets/liabilities being revalued to fair value and potentially result in the recognition of goodwill and other intangibles on the JV’s financial statements. However, this ASU does not alter the ongoing accounting for the JV’s operations. This guidance is effective for JVs with formation dates on or after January 1, 2025. The adoption of ASU 2023-05 as of January 1, 2024, did not impact the Company’s condensed consolidated financial statements.
Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Segment Reporting - Improvements to Reportable Segment Disclosures (Topic 280), to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments enhance interim disclosure requirements, clarify circumstances in which an entity can disclose multiple segment measures of profit or loss, provide new segment disclosure requirements for entities within a single reportable segment, and contain other disclosure requirements. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted and will be applied retrospectively to all prior periods presented in the financial statements. The Company is currently evaluating the ASU to determine its impact on the Company’s disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes - Improvements to Income Tax Disclosures (Topic 740), to further enhance income tax disclosures to enable investors to better assess how an entity’s operations, related tax risks, tax planning, and operational opportunities affect its tax rate and prospects for future cash flows. The improvements primarily relate to the disaggregation of rate reconciliation categories and income taxes paid by jurisdiction. The other amendments improve the effectiveness and comparability of disclosures by adding disclosures of pretax income (or loss) and income tax expense (or benefit) to be consistent with SEC regulations. The ASU is effective for public business entities for annual reporting periods beginning after December 15, 2024. Early adoption is permitted and should be applied prospectively or retrospectively. The Company is currently evaluating the ASU to determine its impact on the Company’s disclosures. In March 2024, the SEC adopted final rules under SEC Release No. 33-11275, The Enhancement and Standardization of Climate-Related Disclosures for Investors, which will require registrants to provide certain climate-related information in their annual reports and registration statements. The rules will require disclosure of material climate-related risks, how the board of directors and management oversee and manage such risks, and the actual and potential impact of such risks on the registrant. It will also require disclosure about material climate-related targets and goals, and the financial impact of severe weather events and other natural conditions in the notes to audited financial statements. In April 2024, the SEC voluntarily stayed the final rule as a result of pending legal challenges. The disclosure requirements will apply at the earliest to reports for the Company's fiscal year ended December 31, 2025 (or potentially later depending on the Company's filer status at the time), pending resolution of the stay. The Company is currently evaluating the impact on the Company's disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40). Additionally, in January 2025, the FASB issued ASU 2025-01 to clarify the effective date of ASU 2024-03. The standard provides guidance to expand disclosures related to the disaggregation of income statement expenses. The standard requires, in the notes to the financial statements, disclosure of specified information about certain costs and expenses, which includes purchases of inventory, employee compensation, depreciation and intangible asset amortization included in each relevant expense caption. This guidance is effective for fiscal years beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027, on a retrospective or prospective basis, with early adoption permitted. The Company is assessing the guidance, noting the adoption impacts disclosure only.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Summary of cash, cash equivalents, and restricted cash	The following table shows components of cash, cash equivalents, and restricted cash reported on the condensed consolidated balance sheets and in the condensed consolidated statements of cash flows as of the dates indicated: June 30, December 31, 2024 2023 Cash and cash equivalents $ 23,528 $ 29,136 Restricted cash included in Other long-term assets 488 497 $ 24,016 $ 29,633
Summary of customers whose revenue and accounts receivable balances	The following customers represented 10% or more of the Company’s total revenue for each of the following periods: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (As Restated) (As Restated) Customer A (1) 31 % 33 % 23 % 32 % Customer B * 13 % 16 % * * Revenue from this customer was less than 10 % of total revenue during the period. (1) C onsists of multiple U.S. government agencies, of which one government agency represented greater than 10 % of total revenue for each of the three and six months ended June 30, 2024 and 2023.

Revenue, Contract Assets, Con_2

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue by Geography	The following revenue disaggregated by geography, derived from billing addresses, was recognized: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Americas (1) $ 13,880 55 % $ 36,560 61 % EMEA (2) 9,436 37 % 19,395 32 % Asia Pacific 2,083 8 % 4,269 7 % Total $ 25,399 100 % $ 60,224 100 % Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 (As Restated) (As Restated) Americas (1) $ 16,559 59 % $ 28,238 55 % EMEA (2) 8,373 30 % 16,592 32 % Asia Pacific 3,133 11 % 6,452 13 % Total $ 28,065 100 % $ 51,282 100 % (1) U.S. represented 49 % and 41 % of total revenue for the three and six months ended June 30, 2024 , respectively, and 43 % and 44 % of total revenue for the three and six months ended June 30, 2023, respectively. Canada represented 20 % and 11 % for the six months ended June 30, 2024 and 2023, respectively. (2) United Kingdom represented 15 % and 11 % of total revenue for the three and six months ended June 30, 2024 and United Kingdom represented 12 % and 11 % of total revenue for the three and six months ended June 30, 2023, respectively.
Schedule of Changes in Contract With Customer Asset	Changes in contract assets for the six months ended June 30, 2024 and 2023 were as follows: 2024 2023 (As Restated) Balance as of January 1 $ 4,917 $ 2,881 Contract assets recorded during the period 3,970 3,752 Reclassified to accounts receivable during the period ( 4,685 ) ( 2,445 ) Other ( 41 ) 40 Balance as of June 30 $ 4,161 $ 4,228
Schedule of Changes in Contract With Customer Liability	Changes in contract liabilities for the six months ended June 30, 2024 and 2023 were as follows: 2024 2023 (As Restated) Balance as of January 1 $ 49,101 $ 34,873 Contract liabilities recorded during the period 22,821 19,596 Revenue recognized during the period ( 29,037 ) ( 14,962 ) Other ( 390 ) 173 Balance as of June 30 $ 42,495 $ 39,680
Schedule of Revenue Remaining Performance Obligation Expected Timing of Satisfaction	The Company expects to recognize its remaining performance obligations as of June 30, 2024, over the following periods: June 30, 2024 1 to 12 months $ 62,295 33 % 13 to 24 months 32,268 17 % 25 to 36 months 26,028 14 % Remaining 69,098 36 % Total $ 189,689 100 %

Balance Sheet Components (Table

Balance Sheet Components (Tables)	6 Months Ended
	Jun. 30, 2024
Balance Sheet Components [Abstract]
Schedule of Other Current Assets	Other current assets consisted of the following: June 30, December 31, 2024 2023 Technology and other prepaid contracts $ 3,012 $ 9,874 Notes receivable 3,344 3,344 Other receivables 1,376 1,476 Prepaid insurance 424 487 Deferred contract costs 515 1,238 Other 462 429 Other current assets $ 9,133 $ 16,848
Schedule of Property and Equipment, Net	Property and equipment, net consisted of the following: June 30, December 31, 2024 2023 Satellites in-service $ 45,453 $ 59,751 Internally developed software 1,760 2,138 Ground stations in-service 4,439 4,444 Leasehold improvements 5,808 5,800 Machinery and equipment 4,705 4,787 Computer equipment 1,804 1,908 Computer software and website development 99 99 Furniture and fixtures 1,324 1,336 65,392 80,263 Less: Accumulated depreciation and amortization ( 31,610 ) ( 36,326 ) 33,782 43,937 Satellite, launch, and ground station work in progress 23,415 16,483 Finished satellites not yet placed in-service 2,826 26 Property and equipment, net $ 60,023 $ 60,446
Schedule of Other Accrued expenses	Other accrued expenses consisted of the following: June 30, December 31, 2024 2023 Operating lease liabilities, current $ 3,423 $ 3,506 Accrued operating costs 1,145 913 Professional services 862 1,088 Corporate and sales tax 189 285 Accrued interest 912 853 Software 973 754 Other 1,028 927 Other accrued expenses $ 8,532 $ 8,326

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in Goodwill	The following table summarizes changes in goodwill balance: Balance at December 31, 2023 $ 51,155 Impact of foreign currency translation ( 1,605 ) Balance at June 30, 2024 $ 49,550
Schedule of Finite-Lived Intangible Assets	Intangible assets consisted of the following: June 30, 2024 Gross Carrying Amount Accumulated Amortization Customer relationships $ 22,692 $ ( 4,883 ) Developed technology 12,896 ( 2,776 ) Trade names 2,186 ( 1,129 ) Patents 419 ( 326 ) FCC licenses 480 ( 266 ) $ 38,673 $ ( 9,380 ) December 31, 2023 Gross Carrying Amount Accumulated Amortization Customer relationships $ 23,427 $ ( 4,064 ) Developed technology 13,313 ( 2,312 ) Trade names 2,257 ( 940 ) Backlog 3,117 ( 3,117 ) Patents 419 ( 308 ) FCC licenses 480 ( 249 ) $ 43,013 $ ( 10,990 )
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	As of June 30, 2024, the expected future amortization expense of intangible assets is as follows: Fiscal year ending December 31, Future Amortization Expense Remainder of 2024 $ 1,733 2025 3,458 2026 3,413 2027 3,004 2028 3,001 Thereafter 14,652 29,261 Capitalized patent costs, unissued 32 $ 29,293

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Summary of Long-term Debt	Long-term debt consisted of the following: June 30, December 31, 2024 2023 Blue Torch term loan $ — $ 117,996 Other 4,854 5,128 Total long-term debt 4,854 123,124 Less: Debt issuance costs — ( 9,011 ) Non-current portion of long-term debt $ 4,854 $ 114,113
Summary of Long term debt payments	As of June 30, 2024, the scheduled principal payments of long-term debt was as follows: Fiscal year ending December 31, Future Principal Payments Remainder of 2024 $ — 2025 — 2026 270 2027 324 2028 324 Thereafter 3,936 Total debt payments $ 4,854

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of Components of Lease Expense	The following table provides the required information regarding the Company's leases for which the Company is the lessee: June 30, December 31, 2024 2023 Assets Right-of-use assets $ 13,454 $ 14,921 Liabilities Current $ 3,423 $ 3,506 Non-current 11,791 13,079 Total lease liabilities $ 15,214 $ 16,585 Weighted-average remaining lease term (years) 5.0 5.4 Weighted-average discount rate 8 % 8 %
Schedule of Maturity of Operating Leases	As of June 30, 2024, the maturity of operating lease liabilities are as follows: Fiscal year ending December 31, Remainder of 2024 $ 2,360 2025 4,280 2026 3,872 2027 2,777 2028 1,848 Thereafter 3,532 Total lease payments 18,669 Less: Interest on lease payments ( 3,455 ) Present value of lease liabilities $ 15,214

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the Company’s fair value hierarchy for its financial instruments that are measured at fair value on a recurring basis. June 30, 2024 Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents: Money market funds $ 10,241 $ — $ — $ 10,241 $ 10,241 $ — $ — $ 10,241 Marketable securities: U.S. treasury bills and bonds $ 20,274 $ — $ — $ 20,274 Corporate bonds — 999 — 999 Commercial paper — 998 — 998 $ 20,274 $ 1,997 $ — $ 22,271 Long-term liabilities: Credit Agreement Warrants $ — $ 10,350 $ — $ 10,350 Contingent earnout liability — — 1,452 1,452 $ — $ 10,350 $ 1,452 $ 11,802 December 31, 2023 Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents: Money market funds $ 10,114 $ — $ — $ 10,114 $ 10,114 $ — $ — $ 10,114 Marketable securities: U.S. treasury bills and bonds $ 8,840 $ — $ — $ 8,840 Commercial paper — 1,395 — 1,395 U.S. government and agency securities — 1,491 — 1,491 $ 8,840 $ 2,886 $ — $ 11,726 Long-term liabilities: Credit Agreement Warrants $ — $ 5,988 $ — $ 5,988 Contingent earnout liability — — 220 220 $ — $ 5,988 $ 220 $ 6,208
Summary of Change in Fair Value of Level 3 Financial Instruments	The following table presents a summary of the changes in the fair value of the Company’s Level 3 financial instruments that are measured at fair value on a recurring basis: Contingent Fair value as of December 31, 2023 $ 220 Change in fair value of contingent earnout liability 1,232 Fair value as of June 30, 2024 $ 1,452
Schedule of Cash and Cash Equivalents and Marketable Securities	The following tables summarize the Company's cash, cash equivalents and available-for-sale securities by significant marketable securities category: June 30, 2024 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Cash and cash equivalents: Cash $ 13,287 $ — $ — $ 13,287 Cash equivalents: Money market funds 10,241 — — 10,241 $ 23,528 $ — $ — $ 23,528 Marketable Securities: U.S. treasury bills and bonds $ 20,274 $ — $ — $ 20,274 Corporate bonds 999 — — 999 Commercial paper 999 — ( 1 ) 998 $ 22,272 $ — $ ( 1 ) $ 22,271 December 31, 2023 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Cash and cash equivalents: Cash $ 19,022 $ — $ — $ 19,022 Cash equivalents: Money market funds 10,114 — — 10,114 $ 29,136 $ — $ — $ 29,136 Marketable Securities: U.S. treasury bills and bonds $ 8,838 $ 2 $ — $ 8,840 Commercial paper 1,395 — — 1,395 U.S. government and agency securities 1,492 — ( 1 ) 1,491 $ 11,725 $ 2 $ ( 1 ) $ 11,726
Amortized Cost and Estimated Fair Value of Marketable Securities	The following table represents amortized cost and estimated fair value of marketable securities, by contractual maturity: June 30, 2024 Amortized Cost Fair Value Due in one year or less $ 22,272 $ 22,271
Contingent Earnout Liability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Schedule of Quantitative Information Contingent Earnout Liability	The table below quantifies the significant inputs used for the contingent earnout liability: June 30, December 31, 2024 2023 Fair value of the Company’s Class A common stock $ 10.84 $ 7.82 Risk-free interest rate 4.69 % 4.09 % Expected volatility factor 93.0 % 55.0 % Earnout expiration date August 16, 2026 August 16, 2026
Credit Agreement Warrants
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Schedule of Quantitative Information Contingent Earnout Liability	The table below quantifies the significant inputs used for the Credit Agreement Warrants: June 30, December 31, 2024 2023 Fair value of the Company’s Class A common stock $ 10.84 $ 7.82 Exercise price $ 5.44 - 16.08 $ 5.44 - 16.08 Risk-free interest rate 4.33 % - 4.36 % 3.88 % Expected volatility factor 93.0 % 55.0 % Expected dividend yield — % — % Remaining contractual term (in years) 8.0 - 9.2 8.5 - 9.7

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Operational Fees Commitment includes Fixed Payments	The following table summarizes the operational fees commitment under the A&R L3Harris Agreement, which includes the fixed payment obligations to L3Harris: Future Payment Obligations Fiscal year ending December 31, Remainder of 2024 $ 2,150 2025 4,300 2026 4,300 2027 4,300 2028 4,300 Thereafter 11,189 $ 30,539

Stock Based Compensation (Table

Stock Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Summary of Stock Option Activity	The following table summarizes stock option activity under our equity compensation plans: Number of Weighted- Weighted- Aggregate Intrinsic Value ('000) (in years) Options outstanding as of December 31, 2023 2,198,552 $ 17.11 5.0 Granted 33,901 $ 10.17 Exercised ( 37,758 ) $ 7.13 Forfeited, canceled, or expired ( 192,908 ) $ 21.78 Options outstanding as of June 30, 2024 2,001,787 $ 16.74 5.0 $ 1,438 Vested and expected to vest at June 30, 2024 2,001,787 $ 16.74 5.0 $ 1,438 Exercisable at June 30, 2024 1,857,054 $ 16.44 4.8 $ 1,416
Summary of Restricted Stock Units Activity	The following table summarizes restricted stock unit ("RSU") activity under the 2021 Plan: Number of RSUs Weighted Average Grant Date Fair Value per Share Outstanding as of December 31, 2023 1,847,583 $ 10.17 RSUs granted 2,412,784 $ 13.17 RSUs vested ( 584,746 ) $ 10.97 RSUs forfeited ( 799,786 ) $ 13.35 Outstanding as of June 30, 2024 2,875,835 $ 11.64
Schedule of Stock Based Compensation Expense Based on Roles and Responsibilities of Employees	The following table summarizes the components of total stock-based compensation expense based on roles and responsibilities of the employees within the condensed consolidated statements of operations: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Cost of revenue $ 63 $ 48 $ 124 $ 125 Research and development 1,210 902 2,228 1,553 Sales and marketing 944 619 1,619 1,056 General and administrative 2,578 1,771 4,452 3,252 $ 4,795 $ 3,340 $ 8,423 $ 5,986

Net Loss per Share (Tables)

Net Loss per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Basic and Diluted Attributable to Common Stockholders	The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (As Restated) (As Restated) Numerator: Net loss $ ( 16,559 ) $ ( 18,372 ) $ ( 42,103 ) $ ( 37,027 ) Denominator: Weighted-average shares used in computing basic and diluted 24,487,484 18,468,949 23,150,265 18,283,958 Basic and diluted net loss per share $ ( 0.68 ) $ ( 0.99 ) $ ( 1.82 ) $ ( 2.03 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The Company excluded the following potential shares of Class A common stock, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the three and six months ended June 30, 2024 and 2023, because including them would have had an anti-dilutive effect: Three and Six Months Ended June 30, 2024 2023 Stock options and 2021 ESPP 2,015,824 2,392,677 RSUs 2,875,835 1,877,874 Credit Agreement Warrants 1,058,940 461,860 5,950,599 4,732,411

Restatement of Quarterly Fina_2

Restatement of Quarterly Financial Information (Unaudited) (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure Text Block [Abstract]
Unaudited Condensed Consolidated Statements of Operations	The following tables present the effect of the restatement on the Company's previously reported: unaudited condensed consolidated statements of operations and condensed consolidated statements of comprehensive loss for the three and six months ended June 30, 2023 and unaudited condensed consolidated statements of cash flows for the six months ended June 30, 2023. The values as previously reported were derived from the previously filed Quarterly Reports on Form 10-Q for the period ended June 30, 2023. Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Unaudited Condensed Consolidated Statements of Operations Notes As Previously Reported Restatement Adjustments As Restated As Previously Reported Restatement Adjustments As Restated Revenue (i) $ 26,493 $ 1,572 $ 28,065 $ 50,661 $ 621 $ 51,282 Cost of revenue (ii) $ 9,633 $ 5,612 $ 15,245 $ 19,993 $ 8,621 $ 28,614 Gross profit $ 16,860 $ ( 4,040 ) $ 12,820 $ 30,668 $ ( 8,000 ) $ 22,668 Research and development (iii) $ 9,752 $ ( 2,097 ) $ 7,655 $ 19,415 $ ( 4,442 ) $ 14,973 General and administrative (iv) $ 10,899 $ ( 181 ) $ 10,718 $ 22,669 $ ( 128 ) $ 22,541 Total operating expenses $ 27,852 $ ( 2,278 ) $ 25,574 $ 56,135 $ ( 4,570 ) $ 51,565 Loss from operations $ ( 10,992 ) $ ( 1,762 ) $ ( 12,754 ) $ ( 25,467 ) $ ( 3,430 ) $ ( 28,897 ) Foreign exchange loss (v) $ ( 435 ) $ ( 51 ) $ ( 486 ) $ 589 $ ( 62 ) $ 527 Other (expense) income, net (vi) $ ( 1,038 ) $ ( 92 ) $ ( 1,130 ) $ ( 1,800 ) $ 359 $ ( 1,441 ) Total other income (expense), net $ ( 5,061 ) $ ( 143 ) $ ( 5,204 ) $ ( 7,990 ) $ 297 $ ( 7,693 ) Loss before income taxes $ ( 16,053 ) $ ( 1,905 ) $ ( 17,958 ) $ ( 33,457 ) $ ( 3,133 ) $ ( 36,590 ) Income tax provision (vii) $ 213 $ 201 $ 414 $ 482 $ ( 45 ) $ 437 Net loss $ ( 16,266 ) $ ( 2,106 ) $ ( 18,372 ) $ ( 33,939 ) $ ( 3,088 ) $ ( 37,027 ) Basic and diluted net (1) $ ( 0.88 ) $ ( 0.11 ) $ ( 0.99 ) $ ( 1.86 ) $ ( 0.17 ) $ ( 2.03 ) Weighted-average shares used (1) 18,468,949 - 18,468,949 18,283,958 - 18,283,958 Description of restatement adjustments in the condensed consolidated statements of operations: (i) The $ 1,572 and $ 621 increases in revenue for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue recognition for Space Services and R&D Services Contracts. (ii) Adjustments to cost of revenue: a. The $ 5,612 increase in cost of revenue for the three months ended June 30, 2023 resulted from an increase of $ 3,456 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, an increase of $ 2,097 from costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue a, and an increase of $ 59 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. b. The $ 8,621 increase in cost of revenue for the six months ended June 30, 2023 resulted from an increase of $ 4,442 from costs associated with R&D Services Contracts being reclassified from research and development to cost of revenue, an increase of $ 4,100 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, and an increase of $ 79 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. (iii) The $ 2,097 and $ 4,442 decreases in research and development expense for the three months and six months ended June 30, 2023, respectively, are related to costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue. (iv) Adjustments to general and administrative: a. The $ 181 decrease in general and administrative for the three months ended June 30, 2023 resulted from a decrease of $ 92 for the other state taxes reclassified from other expense, net, a decrease of $ 59 for the supply chain department costs reclassified to cost of revenue, and a decrease of $ 30 for the Delaware franchise tax accrual and reclassification. b. The $ 128 decrease in general and administrative for the six months ended June 30, 2023 resulted from a decrease of $ 408 for the Delaware franchise tax accrual and reclassification and a decrease of $ 79 for the supply chain department costs reclassified to cost of revenue, partially offset by an increase of $ 359 for the other state taxes reclassified from other expense, net. (v) The $ 51 and $ 62 decreases in foreign exchange losses for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue and cash remeasurement adjustment. (vi) The $ 92 and $ 359 change in other (expense) income, net for the three months and six months ended June 30, 2023, respectively, is related to the reclassification of other state taxes to general and administrative expense. (vii) The $ 201 increase and $ 45 decrease in income tax provisions for the three months and six months ended June 30, 2023, respectively, are related to the impact to income tax provision as a result of the revenue adjustments.
Unaudited Condensed Consolidated Statements of Cash Flows	Six Months Ended June 30, 2023 Unaudited Condensed Consolidated Statements of Cash Flows Notes As Previously Reported Restatement Adjustments As Restated Net loss $ ( 33,939 ) $ ( 3,088 ) $ ( 37,027 ) Other, net (i) $ ( 281 ) $ 8 $ ( 273 ) Change in contract assets (ii) $ ( 1,506 ) $ 199 $ ( 1,307 ) Other current assets (iii) $ 263 $ ( 1,917 ) $ ( 1,654 ) Change in contract liabilities (iv) $ 5,467 $ ( 819 ) $ 4,648 Other accrued expenses (v) $ 766 $ ( 407 ) $ 359 Net cash used in $ ( 22,591 ) $ ( 6,024 ) $ ( 28,615 ) Purchase of property and equipment (vi) $ ( 12,677 ) $ 6,024 $ ( 6,653 ) Net cash used in investing activities $ ( 10,122 ) $ 6,024 $ ( 4,098 ) Effect of foreign currency translation on (vii) $ 597 $ ( 59 ) $ 538 Cash, cash equivalents and restricted cash - $ 43,627 $ ( 59 ) $ 43,568 Description of restatement adjustments in the condensed consolidated statements of cash flows: (i) The $8 adjustment to change in other, net for the six months ended June 30, 2023 represents the change in deferred income tax liabilities related to the impact to income tax provision as a result of the revenue adjustments. (ii) The $ 199 adjustment to change in contract assets for the six months ended June 30, 2023 is related to the impact to short-term and long-term balances of contract assets from the correction of revenue recognition for Space Services and R&D Services Contracts. (iii) The $ 1,917 adjustment to other current assets for the six months ended June 30, 2023 resulted from an increase of $ 1,274 in prepaid launch costs for customer-controlled satellites for one specific contract that is capitalized into other current assets instead of property and equipment, and an increase of $ 643 from the net change in advances for fixed assets balance reclassified out of other current assets into property and equipment. (iv) The $ 819 adjustment to change in contract liabilities for the six months ended June 30, 2023 is related to the impact in contract liabilities from the correction of revenue recognition for Space Services and R&D Services Contracts. (v) The $ 407 adjustment to change in other accrued expense for the six months ended June 30, 2023 is related to the Delaware franchise tax accrual . (vi) The $ 6,024 decrease in purchase of property and equipment for the six months ended June 30, 2023 resulted from a decrease of $ 4,101 in costs incurred to build the customer-controlled satellites for one specific contract being expensed rather than capitalized into the Company's property and equipment, a decrease of $ 1,275 from prepaid launch costs for the customer-controlled satellites for one specific contract being reclassified into other current assets rather than capitalized into the Company's property and equipment, and a decrease of $648 from noncash addition to property and equipment from the prior period advances that were incorrectly reflected as current period’s cash purchase. (vii) The $ 59 decrease in cash and cash equivalents as of June 30, 2023 is related to the cash remeasurement adjustment for cash balances from certain foreign subsidiaries, which resulted in a $59 change in effect of foreign currency translation on cash, cash equivalents and restricted cash for the six months ended June 30, 2023.
Unaudited Condensed Consolidated Statements of Comprehensive Loss	Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Unaudited Condensed Consolidated Statements of Comprehensive Loss Notes As Previously Reported Restatement Adjustments As Restated As Previously Reported Restatement Adjustments As Restated Net loss $ ( 16,266 ) $ ( 2,106 ) $ ( 18,372 ) $ ( 33,939 ) $ ( 3,088 ) $ ( 37,027 ) Foreign currency (i) $ 4,341 $ 16 $ 4,357 $ 2,752 $ ( 9 ) $ 2,743 Comprehensive loss $ ( 11,932 ) $ ( 2,090 ) $ ( 14,022 ) $ ( 31,150 ) $ ( 3,097 ) $ ( 34,247 ) Description of restatement adjustments in the condensed consolidated statements of comprehensive loss: (i) The $ 16 foreign currency translation gain and $ 9 foreign currency translation loss for the three months and the six months ended June 30, 2023, respectively, are related to the foreign currency translation impact of the condensed consolidated statements of operations adjustments (i) to (v) above.

Nature of Business - Additional

Nature of Business - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands					6 Months Ended		12 Months Ended
	Mar. 21, 2024	Feb. 08, 2024	Feb. 04, 2024	Sep. 14, 2022	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Sep. 27, 2023	Mar. 24, 2023
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Common stock, par value per share					$ 0.0001		$ 0.0001		$ 0.0001
Excess Stock, Shares Issued					0
Proceeds from Securities Purchase Agreement, net					$ 0	$ 7,866
Warrants exercisable								597,082
Warrant exercise price								$ 5.44
Securities Purchase Agreement Warrants Member
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Warrant exercise price	$ 14.5				$ 14.5
Securities Purchase Agreement [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Sale of Stock, Price Per Share			$ 12
Alliance Global Partners | Securities Purchase Agreement Warrants Member
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from Securities Purchase Agreement, net	$ 1,800
Alliance Global Partners | Placement Agency Agreement
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Cash Fee Equal of Gross Proceeds	6%
Cash Fee Equal of Gross Exercise Price	4%
Common Class A | Securities Purchase Agreement Warrants Member
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from Securities Purchase Agreement, net	$ 30,000
Warrants exercisable	2,142,858
Warrant exercise price	$ 14
Common Class A | Securities Purchase Agreement [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from Securities Purchase Agreement, net		$ 10,000
Common stock, Sale of stock	2,142,858		833,333
Common Class A | Equity Distribution Agreement
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from Securities Purchase Agreement, net					$ 8,235
Common stock, Sale of stock							2,166,389
Common Class A | Canaccord Genuity LLC | Equity Distribution Agreement
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Aggregate offering price				$ 85,000
Common Class B
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Common stock, par value per share	$ 0.0001

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Nov. 30, 2021
Accounting Policies [Line Items]
Net Income (Loss)	$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)
Net Cash Provided by (Used in) Operating Activities			(13,239)	(28,615)
Cash Equivalents, at Carrying Value	23,528		23,528
Restricted cash	488		488		$ 497
Investment in marketable securities	22,271		22,271
Increase in loss from continuing operations before income taxes	$ 1,584		$ 4,592
Increase in loss from continuing operations, diluted	$ 0.06		$ 0.2
Net proceeds from SPA			$ 9,825
Net proceeds from Placement Agreement			28,056
Other accrued expenses	$ 8,532		8,532		8,326
Excess of cash and cash equivalent position from agreement	23,528		23,528		29,136
Notes receivable	3,344		3,344		$ 3,344
Allowance of Expected Credit Loss			$ 1,298
Customer Concentration Risk | Customer One [Member] | Accounts Receivable
Accounting Policies [Line Items]
Concentration risk percentage			10%		10%
Notes receivable	4,500		$ 4,500
Accrued interest receivable	551		$ 551
Concentration risk, customer			one
Allowance of Expected Credit Loss			$ 1,298
Myriota [Member]
Accounting Policies [Line Items]
Investment In Related Party			1,556		$ 2,216
Related Party [Member]
Accounting Policies [Line Items]
Revenue	226	$ 238	443	$ 463
Outstanding accounts receivable	54		54		$ 0
Other accrued expenses	$ 180		$ 180
Borrowed Convertible Notes Payable [Member] | Myriota [Member]
Accounting Policies [Line Items]
Equity method investment, Ownership percentage	11.50%		11.50%			13%
Maximum
Accounting Policies [Line Items]
Cash equivalents terms			3 months
Kpler Holding SA [Member] | Share Purchase Agreement [Member]
Accounting Policies [Line Items]
Cash received from share purchase agreement			$ 233,500,000
Transition and data provision agreement			7,500,000
Notes Receivable [Member]
Accounting Policies [Line Items]
Notes receivable	$ 4,500		$ 4,500

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Summary of Cash, Cash Equivalents, and Restricted Cash (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Cash and cash equivalents	$ 23,528	$ 29,136
Restricted cash included in Other long-term assets	488	497
Cash, cash equivalents, restricted cash and short-term investments	$ 24,016	$ 29,633

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Summary of Customers Whose Revenue and Accounts Receivable Balances (Detail) - Customer Concentration Risk - Revenue Benchmark		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Concentration Risk [Line Items]
Concentration risk percentage		100%	100%	100%	100%
Customer A
Concentration Risk [Line Items]
Concentration risk percentage	[1]	31%	33%	23%	32%
Customer B
Concentration Risk [Line Items]
Concentration risk percentage			13%	16%
[1] C onsists of multiple U.S. government agencies, of which one government agency represented greater than 10 % of total revenue for each of the three and six months ended June 30, 2024 and 2023.

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Total Revenue For Periods (Parenthetical) (Details) - Customer Concentration Risk - Accounts Receivable	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Customer A | Minimum
Product Information [Line Items]
Concentration risk percentage	10%	10%	10%	10%
Customer B | Maximum
Product Information [Line Items]
Concentration risk percentage	10%			10%

Revenue, Contract Assets, Con_3

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Revenue From Contract With Customer [Line Items]
Revenue	$ 25,399	$ 28,065	$ 60,224	$ 51,282
Contract assets current and non current	4,161	4,228	4,161	4,228	$ 4,917	$ 2,881
Contract with customer asset	3,963		3,963		4,718
Contract with customer liability	42,495	39,680	42,495	39,680	49,101	$ 34,873
Contract liabilities, current portion	21,203		21,203		31,178
Contract liabilities, noncurrent portion	21,292		21,292		17,923
Revenue remaining performance obligation amount	189,689		189,689
Contract other long term assets	198		198		$ 199
Revenue Benchmark | Customer Concentration Risk
Revenue From Contract With Customer [Line Items]
Revenue	$ 25,399	$ 28,065	$ 60,224	$ 51,282
Concentration risk percentage	100%	100%	100%	100%
Subscription Based Contracts | Revenue Benchmark | Customer Concentration Risk
Revenue From Contract With Customer [Line Items]
Revenue	$ 19,703	$ 20,247	$ 37,759	$ 39,847
Concentration risk percentage	78%	72%	63%	78%
Non Subscription Based Contracts | Revenue Benchmark | Customer Concentration Risk
Revenue From Contract With Customer [Line Items]
Revenue	$ 5,696	$ 7,819	$ 22,465	$ 11,435
Concentration risk percentage	22%	28%	37%	22%

Revenue, Contract Assets, Con_4

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations - Schedule of Disaggregation of Revenue by Geography (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Disaggregation Of Revenue [Line Items]
Revenue		$ 25,399	$ 28,065	$ 60,224	$ 51,282
Customer Concentration Risk | Revenue Benchmark
Disaggregation Of Revenue [Line Items]
Revenue		$ 25,399	$ 28,065	$ 60,224	$ 51,282
Concentration risk percentage		100%	100%	100%	100%
EMEA | Customer Concentration Risk | Revenue Benchmark
Disaggregation Of Revenue [Line Items]
Revenue	[1]	$ 9,436	$ 8,373	$ 19,395	$ 16,592
Concentration risk percentage	[1]	37%	30%	32%	32%
Americas | Customer Concentration Risk | Revenue Benchmark
Disaggregation Of Revenue [Line Items]
Revenue	[2]	$ 13,880	$ 16,559	$ 36,560	$ 28,238
Concentration risk percentage	[2]	55%	59%	61%	55%
Asia Pacific | Customer Concentration Risk | Revenue Benchmark
Disaggregation Of Revenue [Line Items]
Revenue		$ 2,083	$ 3,133	$ 4,269	$ 6,452
Concentration risk percentage		8%	11%	7%	13%
[1] United Kingdom represented 15 % and 11 % of total revenue for the three and six months ended June 30, 2024 and United Kingdom represented 12 % and 11 % of total revenue for the three and six months ended June 30, 2023, respectively. U.S. represented 49 % and 41 % of total revenue for the three and six months ended June 30, 2024 , respectively, and 43 % and 44 % of total revenue for the three and six months ended June 30, 2023, respectively. Canada represented 20 % and 11 % for the six months ended June 30, 2024 and 2023, respectively.

Revenue, Contract Assets, Con_5

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations - Schedule of Disaggregation of Revenue by Geography (Parenthetical) (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
UNITED STATES
Disaggregation Of Revenue [Line Items]
Concentration Customer Risk, Percentage	49%	43%	41%	44%
UNITED KINGDOM
Disaggregation Of Revenue [Line Items]
Concentration Customer Risk, Percentage	15%	12%	11%	11%
CANADA
Disaggregation Of Revenue [Line Items]
Concentration Customer Risk, Percentage			20%	11%

Revenue, Contract Assets, Con_6

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations - Schedule of Changes in Contract Assets (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Change in Contract with Customer, Asset [Abstract]
Balance at the beginning of the year	$ 4,917	$ 2,881
Contract assets recorded during the year	3,970	3,752
Reclassified to accounts receivable during the period	(4,685)	(2,445)
Other	(41)	40
Balance at the end of the year	$ 4,161	$ 4,228

Revenue, Contract Assets, Con_7

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations - Schedule of Changes in Contract Liabilities (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Change in Contract with Customer, Liability [Abstract]
Balance at the beginning of the year	$ 49,101	$ 34,873
Contract liabilities recorded during the period	22,821	19,596
Revenue recognized during the period	(29,037)	(14,962)
Other	(390)	173
Balance at the end of the year	$ 42,495	$ 39,680

Revenue, Contract Assets, Con_8

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations - Schedule of Revenue Remaining Performance Obligation Expected Timing of Satisfaction (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation amount	$ 189,689
Revenue remaining performance obligation percentage	100%
1 to 12 months [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation amount	$ 62,295
Revenue remaining performance obligation percentage	33%
13 to 24 months [member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation amount	$ 32,268
Revenue remaining performance obligation percentage	17%
25 to 36 months [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation amount	$ 26,028
Revenue remaining performance obligation percentage	14%
Remaining [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation amount	$ 69,098
Revenue remaining performance obligation percentage	36%

Balance Sheet Components - Summ

Balance Sheet Components - Summary of Other Current Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Balance Sheet Components [Abstract]
Technology and other prepaid contracts	$ 3,012	$ 9,874
Notes receivable	3,344	3,344
Other receivables	1,376	1,476
Prepaid insurance	424	487
Deferred contract costs	515	1,238
Other	462	429
Other current assets	$ 9,133	$ 16,848

Balance Sheet Components - Sche

Balance Sheet Components - Schedule of Property and Equipment, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	$ 65,392	$ 80,263
Less: Accumulated depreciation and amortization	(31,610)	(36,326)
Property, plant and equipment, other, net, total	33,782	43,937
Property and equipment, net	60,023	60,446
Satellite In Service
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	45,453	59,751
Internally Developed Software
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	1,760	2,138
Ground Stations In Service
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	4,439	4,444
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	5,808	5,800
Machinery and Equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	4,705	4,787
Computer Equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	1,804	1,908
Computer software and website development
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	99	99
Furniture and Fixtures
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross, total	1,324	1,336
Satellite Launch And Ground Station Work In Progress
Property Plant And Equipment [Line Items]
Property and equipment, net	23,415	16,483
Finished Satellites not yet placed in-service
Property Plant And Equipment [Line Items]
Property and equipment, net	$ 2,826	$ 26

Balance Sheet Components - Sc_2

Balance Sheet Components - Schedule of Other Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Balance Sheet Components [Abstract]
Operating lease liabilities, current	$ 3,423	$ 3,506
Operating Lease Liability Current Statement Of Financial Position Extensible List	Current	Current
Accrued operating costs	$ 1,145	$ 913
Professional services	862	1,088
Corporate and sales tax	189	285
Accrued interest	912	853
Software	973	754
Other	1,028	927
Other accrued expenses	$ 8,532	$ 8,326

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Impairment Effects on Earnings Per Share [Line Items]
Depreciation and amortization			$ 12,489	$ 7,883
Decommissioned satellite	$ 529	$ 472	707	472
Property Plant And Equipment Member
Impairment Effects on Earnings Per Share [Line Items]
Depreciation and amortization	$ 5,447	$ 3,084	$ 11,404	$ 6,121

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Changes in Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, Beginning Balance	$ 51,155
Impact of foreign currency translation	(1,605)
Goodwill, Ending Balance	$ 49,550

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Indefinite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 38,673	$ 43,013
Less: Accumulated amortization	(9,380)	(10,990)
Trade Names [Member]
Indefinite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	2,186	2,257
Less: Accumulated amortization	(1,129)	(940)
Patents [Member]
Indefinite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	419	419
Less: Accumulated amortization	(326)	(308)
Customer Relationships [Member]
Indefinite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	22,692	23,427
Less: Accumulated amortization	(4,883)	(4,064)
Developed Technology [Member]
Indefinite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	12,896	13,313
Less: Accumulated amortization	(2,776)	(2,312)
Backlog [Member]
Indefinite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross		3,117
Less: Accumulated amortization		(3,117)
FCC Licenses [Member]
Indefinite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	480	480
Less: Accumulated amortization	$ (266)	$ (249)

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Finite Lived Intangible Assets By Major Class [Line Items]
Intangible assets recognized impairment charges	$ 0	$ 0	$ 0	$ 0
Capitalized patent costs, unissued	32		32		$ 57
Amortization of Intangible Assets	$ 868	$ 885	$ 1,748	$ 1,762
Customer Relationships [Member]
Finite Lived Intangible Assets By Major Class [Line Items]
Weighted average amortization period			9 years 4 months 24 days
FCC Licenses [Member]
Finite Lived Intangible Assets By Major Class [Line Items]
Weighted average amortization period			5 years 10 months 24 days
Trade Names [Member]
Finite Lived Intangible Assets By Major Class [Line Items]
Weighted average amortization period			2 years 4 months 24 days

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Annual Amortization of Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2024	$ 1,733
2025	3,458
2026	3,413
2027	3,004
2028	3,001
Thereafter	14,652
Total	29,261
Capitalized patent costs, unissued	32	$ 57
Intangible assets, net	$ 29,293

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total long-term debt	$ 4,854	$ 123,124
Less: Debt issuance costs	0	(9,011)
Non-current portion of long-term debt	4,854	114,113
Blue Torch term loan [Member]
Debt Instrument [Line Items]
Total long-term debt	0	117,996
Other [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 4,854	$ 5,128

Long-Term Debt - Scheduled Prin

Long-Term Debt - Scheduled Principal Payments Of Long-Term Debt (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Debt Disclosure [Abstract]
Remainder of 2024	$ 0
2025	0
2026	270
2027	324
2028	324
Thereafter	3,936
Total debt payments	$ 4,854

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) $ / shares in Units, $ in Thousands					1 Months Ended	3 Months Ended		6 Months Ended
	Apr. 08, 2024 USD ($)	Feb. 08, 2024 USD ($)	Oct. 02, 2023 USD ($)	Jun. 13, 2022 USD ($) $ / shares shares	Nov. 30, 2021 Installments	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Sep. 27, 2023 USD ($) $ / shares shares
Debt Instrument [Line Items]
Interest expense long term debt						$ 4,772	$ 4,709	$ 9,825	$ 9,283
Class of Warrant or Right, Outstanding | shares											597,082
Warrant exercise price | $ / shares											$ 5.44
Long-term debt						4,854		4,854		$ 114,113
Number of Tranches | Installments					15
Exact Earth Acquisition [Member]
Debt Instrument [Line Items]
Long-term debt						4,854		4,854		$ 5,128
Blue Torch Term Loan Facility [Member]
Debt Instrument [Line Items]
Company's Total Liquidity								35,000
Minimum liquidity	$ 20,000							30,000
Incremental Change in LIquidity								$ 5,000
Decrease in liquidity		$ 10,000
Line of Credit Facility, Maximum Borrowing Capacity				$ 120,000
Line of Credit Facility, Description								The $120,000 term loan was available and drawn at closing, of which $19,735 was placed in an escrow account by Blue Torch with such amount to be released upon the Company achieving certain metrics related to annualized recurring revenue and a total annualized recurring revenue leverage ratio. These metrics were achieved and the $19,735 was released from the escrow account and delivered to the Company in February 2023. The term loan accrues interest at a floating rate, to be based, at the Company's election, on either a reference rate or a 3-month Term Secured Overnight Financing Rate (“SOFR”) (subject to a 1.0% floor), plus an interest rate margin of 7.0% for reference rate borrowings and 8.0% for 3-month Term SOFR borrowings, plus an incremental Term SOFR margin of 0.26161%.
Warrant to urgent capital llc [Member]
Debt Instrument [Line Items]
Class of Warrant or Right, Outstanding | shares											597,082
Warrant exercise price | $ / shares											$ 5.44
Credit Agreement With Fp Credit Partners Lp | Blue Torch Term Loan Facility [Member]
Debt Instrument [Line Items]
Proceeds term loan				$ 70,000
Description of credit facility				Subject to certain exceptions, prepayments of principal under the Blue Torch Credit Facility will be subject to early termination fees in the amount of 3.0%, 2.0% and 1.0% of the principal prepaid if prepayment occurs within the first, second, and third years following the closing date, respectively, plus if prepayment would have occurred on or prior to the first anniversary of the closing date, a make-whole amount equal to the amount of interest that would have otherwise been payable through the maturity date of the Blue Torch Credit Facility.
Common Stock Warrant [Member] | Blue Torch Term Loan Facility [Member]
Debt Instrument [Line Items]
Class of Warrant or Right, Outstanding | shares				437,024
Common Stock Warrant [Member] | Warrant to urgent capital llc [Member]
Debt Instrument [Line Items]
Class of Warrant or Right, Outstanding | shares				24,834
Warrant exercise price | $ / shares				$ 16.88
Blue Torch Warrants [Member]
Debt Instrument [Line Items]
Warrant exercise price | $ / shares				$ 16.08
Blue Torch Warrants [Member] | Maximum [Member]
Debt Instrument [Line Items]
Warrant exercise price | $ / shares											16.08
Blue Torch Warrants [Member] | Minimum [Member]
Debt Instrument [Line Items]
Warrant exercise price | $ / shares											$ 5.44
Warrant [Member] | Introducing Fee
Debt Instrument [Line Items]
Deferred Finance Costs Gross				$ 600
Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						$ 5,701		$ 5,701
Line of Credit [Member] | Blue Torch Term Loan Facility [Member]
Debt Instrument [Line Items]
Long term debt interest rate						13.6084%		13.6084%			1.50%
Outstanding principal balance of the term loans			$ 2,500
Line of Credit [Member] | Commitment Fee | Blue Torch Term Loan Facility [Member]
Debt Instrument [Line Items]
Deferred Finance Costs Gross						$ 2,400		$ 2,400
Line of Credit [Member] | Agency Fee | Blue Torch Term Loan Facility [Member]
Debt Instrument [Line Items]
Deferred Finance Costs Gross						250		250
Line of Credit [Member] | Exit Fee | Blue Torch Term Loan Facility [Member]
Debt Instrument [Line Items]
Deferred Finance Costs Gross	$ 200					$ 1,800		$ 1,800			$ 1,800
Line of Credit [Member] | Blue Torch Warrants [Member]
Debt Instrument [Line Items]
Prepayment premium		$ 10,000	$ 50

Leases - Schedule of Components

Leases - Schedule of Components of Lease Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Right-of-use assets	$ 13,454	$ 14,921
Liabilities
Current	$ 3,423	$ 3,506
Operating Lease Liability Current Statement Of Financial Position Extensible List	Current	Current
Non-current	$ 11,791	$ 13,079
Total lease liabilities	$ 15,214	$ 16,585
Weighted-average remaining lease term (years)	5 years	5 years 4 months 24 days
Weighted-average discount rate	8%	8%

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Lessee, Lease, Description [Line Items]
Percentage of majority of ROU assets and lease liabilities relate to office facilities leases	77%		77%
Operating lease payments	$ 820	$ 660	$ 1,692	$ 890
Lease liabilities arising from obtaining right-of-use assets	989	904	1,798	1,128
Short Term and Variable Lease Cost	363	167	601	287
Operating lease expense	$ 1,168	$ 1,034	$ 2,325	$ 1,965

Leases - Schedule of Maturity o

Leases - Schedule of Maturity of Operating Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Remainder of 2024	$ 2,360
2025	4,280
2026	3,872
2027	2,777
2028	1,848
Thereafter	3,532
Total lease payments	18,669
Less: Interest on lease payments	(3,455)
Present value of lease liabilities	$ 15,214	$ 16,585

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Commercial Paper | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	$ 998	$ 1,395
Fair Value, Recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	10,241	10,114
Fair Value, Recurring | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	22,271	11,726
Fair Value, Recurring | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	11,802	6,208
Fair Value, Recurring | Money Market Funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	10,241	10,114
Fair Value, Recurring | Commercial Paper | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	998	1,395
Fair Value, Recurring | Corporate securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	999
Fair Value, Recurring | U.S. government and agency securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure		1,491
Fair Value, Recurring | U.S. treasury bills and bonds | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	20,274	8,840
Fair Value, Recurring | Credit Agreement Warrants | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	10,350	5,988
Fair Value, Recurring | Contingent Earnout Liability | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	1,452	220
Fair Value, Recurring | Fair Value, Inputs, Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	10,241	10,114
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	20,274	8,840
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Money Market Funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	10,241	10,114
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Commercial Paper | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Corporate securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	0
Fair Value, Recurring | Fair Value, Inputs, Level 1 | U.S. government and agency securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure		0
Fair Value, Recurring | Fair Value, Inputs, Level 1 | U.S. treasury bills and bonds | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	20,274	8,840
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Credit Agreement Warrants | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Contingent Earnout Liability | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	1,997	2,886
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	10,350	5,988
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Money Market Funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Commercial Paper | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	998	1,395
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Corporate securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	999
Fair Value, Recurring | Fair Value, Inputs, Level 2 | U.S. government and agency securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure		1,491
Fair Value, Recurring | Fair Value, Inputs, Level 2 | U.S. treasury bills and bonds | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Credit Agreement Warrants | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	10,350	5,988
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Contingent Earnout Liability | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	1,452	220
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Money Market Funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Commercial Paper | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Corporate securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | U.S. government and agency securities | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure		0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | U.S. treasury bills and bonds | Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable Securities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Credit Agreement Warrants | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	0	0
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Contingent Earnout Liability | Long-term Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities, Fair Value Disclosure	$ 1,452	$ 220

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		6 Months Ended
	Mar. 21, 2024	Jun. 30, 2024	Jun. 30, 2023	Sep. 27, 2023	Jun. 13, 2022
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Warrant exercise price				$ 5.44
Class of Warrant or Right, Outstanding				597,082
Proceeds from issuance of common stock under the Equity Distribution Agreement, net		$ 0	$ 7,866
Warrant exercised		$ 0
Securities Purchase Agreement Warrants Member
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Warrant exercise price	$ 14.5	$ 14.5
Securities Purchase Agreement Warrants Member | Common Class A [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Warrant exercise price	$ 14
Aggregate offering shares	2,142,858
Class of Warrant or Right, Outstanding	2,142,858
Proceeds from issuance of common stock under the Equity Distribution Agreement, net	$ 30,000
2022 Blue Torch Warrants Member
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Warrant exercise price					$ 16.08
Class of Warrant or Right, Outstanding					437,024
2022 Blue Torch Warrants Member | Maximum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Warrant exercise price				$ 16.08
2022 Blue Torch Warrants Member | Minimum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Warrant exercise price				$ 5.44
Warrant to urgent capital llc [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Warrant exercise price					$ 16.08
Class of Warrant or Right, Outstanding					24,834

Fair Value Measurement - Schedu

Fair Value Measurement - Schedule of Quantitative Information Regarding Warrant Liability (Detail)	Jun. 30, 2024	Dec. 31, 2023
Credit Agreement Warrants | Measurement Input, Common Stock Fair Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	10.84	7.82
Credit Agreement Warrants | Measurement Input, Risk Free Interest Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input		3.88
Credit Agreement Warrants | Measurement Input, Price Volatility
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	93	55
Credit Agreement Warrants | Measurement Input, Expected Dividend Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	0	0
Credit Agreement Warrants | Minimum | Measurement Input, Exercise Price
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	5.44	5.44
Credit Agreement Warrants | Minimum | Measurement Input, Risk Free Interest Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	4.33
Credit Agreement Warrants | Minimum | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Remaining contractual term (in years)	8 years	8 years 6 months
Credit Agreement Warrants | Maximum | Measurement Input, Exercise Price
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	16.08	16.08
Credit Agreement Warrants | Maximum | Measurement Input, Risk Free Interest Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	4.36
Credit Agreement Warrants | Maximum | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Remaining contractual term (in years)	9 years 2 months 12 days	9 years 8 months 12 days
Contingent Earnout Liability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Earnout expiration date	Aug. 16, 2026	Aug. 16, 2026
Contingent Earnout Liability | Measurement Input, Common Stock Fair Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	10.84	7.82
Contingent Earnout Liability | Measurement Input, Risk Free Interest Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	4.69	4.09
Contingent Earnout Liability | Measurement Input, Price Volatility
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	93	55

Fair Value Measurement - Summ_2

Fair Value Measurement - Summary of Change in Fair Value of The Warrant Liabilities (Detail) - Fair Value, Inputs, Level 3 - Contingent Earnout Liability $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 220
Change in fair value of contingent earnout liability	1,232
Ending balance	$ 1,452

Fair Value Measurement - Sche_2

Fair Value Measurement - Schedule of Cash and Cash Equivalents and Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-Sale [Line Items]
Cash and Cash Equivalents at Carrying Value	$ 23,528
Investments
Debt Securities, Available-for-Sale [Line Items]
Cash and Cash Equivalents at Carrying Value	22,272	$ 11,725
Cash and Cash Equivalents, Fair Value Disclosure	22,271	11,726
Marketable Securities, Unrealized Gains	0	2
Marketable Securities, Unrealized Losses	(1)	(1)
Cash and Cash Equivalents
Debt Securities, Available-for-Sale [Line Items]
Cash and Cash Equivalents at Carrying Value	23,528	29,136
Cash and Cash Equivalents, Fair Value Disclosure	23,528	29,136
Marketable Securities, Unrealized Gains	0	0
Marketable Securities, Unrealized Losses	0	0
U.S. treasury bills and bonds | Investments
Debt Securities, Available-for-Sale [Line Items]
Cash and Cash Equivalents at Carrying Value	20,274	8,838
Cash and Cash Equivalents, Fair Value Disclosure	20,274	8,840
Marketable Securities, Unrealized Gains	0	2
Marketable Securities, Unrealized Losses	0	0
Corporate bonds | Investments
Debt Securities, Available-for-Sale [Line Items]
Cash and Cash Equivalents at Carrying Value	999
Cash and Cash Equivalents, Fair Value Disclosure	999
Marketable Securities, Unrealized Gains	0
Marketable Securities, Unrealized Losses	0
U.S government and agency securities | Investments
Debt Securities, Available-for-Sale [Line Items]
Marketable Securities, Amortized Cost		1,492
Marketable Securities, Unrealized Gains		0
Marketable Securities, Unrealized Losses		(1)
Marketable Securities, Fair Value Disclosure		1,491
Cash | Cash and Cash Equivalents
Debt Securities, Available-for-Sale [Line Items]
Cash and Cash Equivalents at Carrying Value	13,287	19,022
Cash and Cash Equivalents, Fair Value Disclosure	13,287	19,022
Marketable Securities, Unrealized Gains	0	0
Marketable Securities, Unrealized Losses	0	0
Money Market Funds | Cash and Cash Equivalents
Debt Securities, Available-for-Sale [Line Items]
Cash and Cash Equivalents at Carrying Value	10,241	10,114
Cash and Cash Equivalents, Fair Value Disclosure	10,241	10,114
Marketable Securities, Unrealized Gains	0	0
Marketable Securities, Unrealized Losses	0	0
Commercial Paper | Investments
Debt Securities, Available-for-Sale [Line Items]
Marketable Securities, Amortized Cost	999	1,395
Marketable Securities, Unrealized Gains	0	0
Marketable Securities, Unrealized Losses	(1)	0
Marketable Securities, Fair Value Disclosure	$ 998	$ 1,395

Fair Value Measurement - Amorti

Fair Value Measurement - Amortized Cost and Estimated Fair Value of Marketable Securities (Details) - Due in one year or less $ in Thousands	Jun. 30, 2024 USD ($)
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	$ 22,272
Fair Value	$ 22,271

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Cost of revenue	$ 14,488	$ 15,245	$ 40,084	$ 28,614
Notes receivable	3,344		3,344		$ 3,344
Allowance of expected credit loss			1,298
Notes Receivable [Member]
Notes receivable	$ 4,500		4,500
Accrued Interest			551
A&R L3Harris Agreement [Member]
Fixed fees			$ 358
Percentage of share payable	30%		30%
Cost of revenue	$ 1,245	1,235	$ 2,483	2,488
A&R L3Harris Agreement [Member] | Excess Revenue [Member]
Revenue	$ 16,000	$ 16,000	$ 16,000	$ 16,000

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Operational Fees Commitment includes Fixed Payments (Details) - A&R L3Harris Agreement [Member] $ in Thousands	Jun. 30, 2024 USD ($)
Remainder of 2024	$ 2,150
2025	4,300
2026	4,300
2027	4,300
2028	4,300
Thereafter	11,189
Operating Fees Payments Due, Total	$ 30,539

Stock Based Compensation - Addi

Stock Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		6 Months Ended
	Jan. 01, 2024	Jun. 30, 2024	Jun. 30, 2023
Defined Benefit Plan Disclosure [Line Items]
Proceeds from Stock Options Exercised		$ 269	$ 0
Aggregate intrinsic value of options exercised in period		189
Fair value of options vested		$ 1,686	$ 1,961
Number of options outstanding, Granted		33,901	61,446
Weighted average grant-date fair value		$ 5.15	$ 2.8
Restricted Stock Units (RSUs)
Defined Benefit Plan Disclosure [Line Items]
Unrecognized stock-based compensation expense		$ 28,520
Unrecognized stock-based compensation expense, weighted-average recognition period		1 year 9 months 18 days
2021 Equity Incentive Plan
Defined Benefit Plan Disclosure [Line Items]
Number of shares issued under share-based payment arrangement	1,054,867	1,318,419
2021 ESPP
Defined Benefit Plan Disclosure [Line Items]
Number of shares issued under share-based payment arrangement	210,973	663,756

Stock Based Compensation - Summ

Stock Based Compensation - Summary of Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Number of options outstanding, beginning balance	2,198,552
Number of options outstanding, Granted	33,901	61,446
Number of options outstanding ,Exercised	(37,758)
Number of options outstanding, Forfeited, canceled, or expired	(192,908)
Number of options outstanding, ending balance	2,001,787		2,198,552
Number of options outstanding, vested and expected to vest	2,001,787
Number of option outstanding Exercisable	1,857,054
Weighted- Average Exercise Price, beginning balance	$ 17.11
Weighted- Average Exercise Price, Granted	10.17
Weighted- Average Exercise Price, Exercised	7.13
Weighted- Average Exercise Price, Forfeited, canceled, or expired	21.78
Weighted- Average Exercise Price, ending balance	16.74		$ 17.11
Weighted- Average Exercise Price, Vested and expected to vest	16.74
Weighted- Average Exercise Price, Exercisable	$ 16.44
Weighted- Average Remaining Contractual Term (in years)	5 years		5 years
Vested and expected to vest weighted- average remaining contractual term (in years)	5 years
Exercisable weighted- average remaining contractual term (in years)	4 years 9 months 18 days
Aggregate Intrinsic Value, Outstanding Balance	$ 1,438
Aggregate Intrinsic Value Vested and expected to vest	1,438
Aggregate Intrinsic Value, Exercisable	$ 1,416

Stock Based Compensation - Su_2

Stock Based Compensation - Summary of Restricted Stock Units Activity (Detail) - Restricted Stock Units (RSUs)	6 Months Ended
	Jun. 30, 2024 $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Beginning Balance | shares	1,847,583
Number of Shares, granted | shares	2,412,784
Number of Shares, vested | shares	(584,746)
Number of Shares, forfeited | shares	(799,786)
Number of Shares, Ending Balance | shares	2,875,835
Weighted Average Grant Date Fair Value per Share, Beginning Balance | $ / shares	$ 10.17
Weighted Average Grant Date Fair Value per Share, granted | $ / shares	13.17
Weighted Average Grant Date Fair Value per Share, vested | $ / shares	10.97
Weighted Average Grant Date Fair Value per Share, forfeited | $ / shares	13.35
Weighted Average Grant Date Fair Value per Share, Ending Balance | $ / shares	$ 11.64

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of the Stock Based Compensation Expense based on Roles and Responsibilities of the Employees (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Share-based Payment Arrangement, Expense	$ 4,795	$ 3,340	$ 8,423	$ 5,986
Cost of Revenue
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Share-based Payment Arrangement, Expense	63	48	124	125
Research and Development
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Share-based Payment Arrangement, Expense	1,210	902	2,228	1,553
Sales and Marketing
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Share-based Payment Arrangement, Expense	944	619	1,619	1,056
General and Administrative
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Share-based Payment Arrangement, Expense	$ 2,578	$ 1,771	$ 4,452	$ 3,252

Net Loss per Share - Schedule o

Net Loss per Share - Schedule of Earnings Per Share Basic and Diluted Attributable to Common Stockholders (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Numerator:
Net loss		$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)
Denominator:
Weighted-average shares used in computing basic net loss per share	[1]	24,487,484	18,468,949	23,150,265	18,283,958
Weighted-average shares used in computing diluted net loss per share	[1]	24,487,484	18,468,949	23,150,265	18,283,958
Basic net loss per share	[1]	$ (0.68)	$ (0.99)	$ (1.82)	$ (2.03)
Diluted net loss per share	[1]	$ (0.68)	$ (0.99)	$ (1.82)	$ (2.03)
[1] The shares of the Company's common stock and the per share amounts for the three and six months ended June 30, 2023, have been retroactively adjusted to reflect the 1-for-8 reverse stock split (Note 1)

Net Loss per Share - Schedule_2

Net Loss per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Detail) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	5,950,599	4,732,411
Stock Options and 2021 ESPP to Purchase Class A Common Stock [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	2,015,824	2,392,677
RSUs [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	2,875,835	1,877,874
Credit Agreement Warrants [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	1,058,940	461,860

Subsequent Events (Additional I

Subsequent Events (Additional Information) (Details) - Subsequent Event [Member] - USD ($) $ in Thousands	Aug. 27, 2024	Nov. 13, 2024
Subsequent Event [Line Items]
Principal Prepayment	$ 10,000
Early termination fee	$ 100
Share Purchase Agreement [Member] | Option 2 [Member]
Subsequent Event [Line Items]
Cash payment based upon an enterprise value		$ 233,500
Transition service and data provision agreement		$ 7,500

Restatement of Quarterly Fina_3

Restatement of Quarterly Financial Information (Unaudited) - Unaudited Condensed Consolidated Statements of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue		$ 25,399	$ 28,065	$ 60,224	$ 51,282
Cost of revenue		14,488	15,245	40,084	28,614
Gross profit		10,911	12,820	20,140	22,668
Operating Expenses [Abstract]
Research and development		7,517	7,655	13,554	14,973
General and administrative		10,009	10,718	19,853	22,541
Total operating expenses		23,263	25,574	44,480	51,565
Loss from operations		(12,352)	(12,754)	(24,340)	(28,897)
Other income (expense):
Gain (Loss), Foreign Currency Transaction, before Tax		(513)	(486)	(2,299)	527
other (expense) income, net		(477)	(1,130)	(1,011)	(1,441)
Total other expense, net		(4,140)	(5,204)	(17,705)	(7,693)
Loss before income taxes		(16,492)	(17,958)	(42,045)	(36,590)
Income tax provision		67	414	58	437
Net Income (Loss)		$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)
Net loss per share, Basic	[1]	$ (0.68)	$ (0.99)	$ (1.82)	$ (2.03)
Net loss per share, Diluted	[1]	$ (0.68)	$ (0.99)	$ (1.82)	$ (2.03)
Weighted-average shares used in computing basic net loss per share	[1]	24,487,484	18,468,949	23,150,265	18,283,958
Weighted-average shares used in computing diluted net loss per share	[1]	24,487,484	18,468,949	23,150,265	18,283,958
As Previously Reported
Revenue	[2]		$ 26,493		$ 50,661
Cost of revenue	[3]		9,633		19,993
Gross profit			16,860		30,668
Operating Expenses [Abstract]
Research and development	[4]		9,752		19,415
General and administrative			10,899		22,669
Total operating expenses			27,852		56,135
Loss from operations			(10,992)		(25,467)
Other income (expense):
Gain (Loss), Foreign Currency Transaction, before Tax	[5]		(435)		589
other (expense) income, net	[6]		(1,038)		(1,800)
Total other expense, net			(5,061)		(7,990)
Loss before income taxes			(16,053)		(33,457)
Income tax provision	[7]		213		482
Net Income (Loss)			$ (16,266)		$ (33,939)
Net loss per share, Basic			$ (0.88)		$ (1.86)
Net loss per share, Diluted			$ (0.88)		$ (1.86)
Weighted-average shares used in computing basic net loss per share			18,468,949		18,283,958
Weighted-average shares used in computing diluted net loss per share			18,468,949		18,283,958
Restatement Adjustments
Revenue	[2]		$ 1,572		$ 621
Cost of revenue	[3]		5,612		8,621
Gross profit			(4,040)		(8,000)
Operating Expenses [Abstract]
Research and development	[4]		(2,097)		(4,442)
General and administrative			(181)		(128)
Total operating expenses			(2,278)		(4,570)
Loss from operations			(1,762)		(3,430)
Other income (expense):
Gain (Loss), Foreign Currency Transaction, before Tax	[5]		(51)		(62)
other (expense) income, net	[6]		(92)		359
Total other expense, net			(143)		297
Loss before income taxes			(1,905)		(3,133)
Income tax provision	[7]		201		(45)
Net Income (Loss)			$ (2,106)		$ (3,088)
Net loss per share, Basic			$ (0.11)
Net loss per share, Diluted			$ (0.11)		$ (0.17)
As Restated
Revenue	[2]		$ 28,065		$ 51,282
Cost of revenue	[3]		15,245		28,614
Gross profit			12,820		22,668
Operating Expenses [Abstract]
Research and development	[4]		7,655		14,973
General and administrative			10,718		22,541
Total operating expenses			25,574		51,565
Loss from operations			(12,754)		(28,897)
Other income (expense):
Gain (Loss), Foreign Currency Transaction, before Tax	[5]		(486)		527
other (expense) income, net	[6]		(1,130)		(1,441)
Total other expense, net			(5,204)		(7,693)
Loss before income taxes			(17,958)		(36,590)
Income tax provision	[7]		414		437
Net Income (Loss)			$ (18,372)		$ (37,027)
Net loss per share, Basic			$ (0.99)		$ (2.03)
Net loss per share, Diluted			$ (0.99)		$ (2.03)
Weighted-average shares used in computing basic net loss per share			18,468,949		18,283,958
Weighted-average shares used in computing diluted net loss per share			18,468,949		18,283,958
[1] The shares of the Company's common stock and the per share amounts for the three and six months ended June 30, 2023, have been retroactively adjusted to reflect the 1-for-8 reverse stock split (Note 1) The $ 1,572 and $ 621 increases in revenue for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue recognition for Space Services and R&D Services Contracts. The $ 5,612 increase in cost of revenue for the three months ended June 30, 2023 resulted from an increase of $ 3,456 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, an increase of $ 2,097 from costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue a, and an increase of $ 59 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. b. The $ 8,621 increase in cost of revenue for the six months ended June 30, 2023 resulted from an increase of $ 4,442 from costs associated with R&D Services Contracts being reclassified from research and development to cost of revenue, an increase of $ 4,100 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, and an increase of $ 79 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. The $ 2,097 and $ 4,442 decreases in research and development expense for the three months and six months ended June 30, 2023, respectively, are related to costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue. The $ 51 and $ 62 decreases in foreign exchange losses for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue and cash remeasurement adjustment. The $ 92 and $ 359 change in other (expense) income, net for the three months and six months ended June 30, 2023, respectively, is related to the reclassification of other state taxes to general and administrative expense. The $ 201 increase and $ 45 decrease in income tax provisions for the three months and six months ended June 30, 2023, respectively, are related to the impact to income tax provision as a result of the revenue adjustments.

Restatement of Quarterly Fina_4

Restatement of Quarterly Financial Information (Unaudited) - Unaudited Condensed Consolidated Statements of Operations (Parenthetical) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue		$ 25,399	$ 28,065	$ 60,224	$ 51,282
Cost of revenue		14,488	15,245	40,084	28,614
Research and development		7,517	7,655	13,554	14,973
General and administrative		10,009	10,718	19,853	22,541
Gain (Loss), Foreign Currency Transaction, before Tax		(513)	(486)	(2,299)	527
other (expense) income, net		(477)	(1,130)	(1,011)	(1,441)
Income tax provision		$ 67	414	$ 58	437
Restatement Adjustment [Member]
General and administrative			181
Scenario, Adjustment [Member]
Revenue	[1]		1,572		621
Cost of revenue	[2]		5,612		8,621
Payments to Acquire Productive Assets			3,456		4,100
Research and development	[3]		(2,097)		(4,442)
General and administrative			(181)		(128)
Gain (Loss), Foreign Currency Transaction, before Tax	[4]		(51)		(62)
other (expense) income, net	[5]		(92)		359
Income tax provision	[6]		201		(45)
Scenario, Adjustment [Member] | Restatement Adjustment [Member]
General and administrative					128
other (expense) income, net					359
Scenario, Adjustment [Member] | Delaware Franchise Tax [Member]
Cost of revenue			59		79
General and administrative			30		408
other (expense) income, net			92
Scenario, Adjustment [Member] | Research and Development
General and administrative			59		79
Scenario Restated [Member]
Revenue	[1]		28,065		51,282
Cost of revenue	[2]		15,245		28,614
Research and development	[3]		7,655		14,973
General and administrative			10,718		22,541
Gain (Loss), Foreign Currency Transaction, before Tax	[4]		(486)		527
other (expense) income, net	[5]		(1,130)		(1,441)
Income tax provision	[6]		$ 414		$ 437
[1] The $ 1,572 and $ 621 increases in revenue for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue recognition for Space Services and R&D Services Contracts. The $ 5,612 increase in cost of revenue for the three months ended June 30, 2023 resulted from an increase of $ 3,456 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, an increase of $ 2,097 from costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue a, and an increase of $ 59 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. b. The $ 8,621 increase in cost of revenue for the six months ended June 30, 2023 resulted from an increase of $ 4,442 from costs associated with R&D Services Contracts being reclassified from research and development to cost of revenue, an increase of $ 4,100 from construction costs for customer-controlled satellites for one specific contract being expensed to cost of revenue rather than capitalized into property and equipment, and an increase of $ 79 from the reclassification of supply chain department costs from general and administrative expense to cost of revenue. The $ 2,097 and $ 4,442 decreases in research and development expense for the three months and six months ended June 30, 2023, respectively, are related to costs associated with R&D Services Contracts being reclassified from research and development expense to cost of revenue. The $ 51 and $ 62 decreases in foreign exchange losses for the three months and six months ended June 30, 2023, respectively, are related to the correction of revenue and cash remeasurement adjustment. The $ 92 and $ 359 change in other (expense) income, net for the three months and six months ended June 30, 2023, respectively, is related to the reclassification of other state taxes to general and administrative expense. The $ 201 increase and $ 45 decrease in income tax provisions for the three months and six months ended June 30, 2023, respectively, are related to the impact to income tax provision as a result of the revenue adjustments.

Restatement of Quarterly Fina_5

Restatement of Quarterly Financial Information (Unaudited) - Unaudited Condensed Consolidated Statements of Comprehensive Loss (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net Income (Loss)		$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)
Foreign currency translation adjustments		(729)	4,357	(2,289)	2,743
Comprehensive loss		$ (17,288)	(14,022)	$ (44,394)	(34,247)
Previously Reported [Member]
Net Income (Loss)			(16,266)		(33,939)
Foreign currency translation adjustments	[1]		4,341		2,752
Comprehensive loss			(11,932)		(31,150)
Restatement Adjustments [Member]
Net Income (Loss)			(2,106)		(3,088)
Foreign currency translation adjustments	[1]		16		(9)
Comprehensive loss			(2,090)		(3,097)
Scenario Restated [Member]
Net Income (Loss)			(18,372)		(37,027)
Foreign currency translation adjustments	[1]		4,357		2,743
Comprehensive loss			$ (14,022)		$ (34,247)
[1] The $ 16 foreign currency translation gain and $ 9 foreign currency translation loss for the three months and the six months ended June 30, 2023, respectively, are related to the foreign currency translation impact of the condensed consolidated statements of operations adjustments (i) to (v) above.

Restatement of Quarterly Fina_6

Restatement of Quarterly Financial Information (Unaudited) - Unaudited Condensed Consolidated Statements of Comprehensive Loss (Parenthetical) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Foreign currency translation adjustments		$ (729)	$ 4,357	$ (2,289)	$ 2,743
Restatement Adjustments
Foreign currency translation adjustments	[1]		$ 16		$ (9)
[1] The $ 16 foreign currency translation gain and $ 9 foreign currency translation loss for the three months and the six months ended June 30, 2023, respectively, are related to the foreign currency translation impact of the condensed consolidated statements of operations adjustments (i) to (v) above.

Restatement of Quarterly Fina_7

Restatement of Quarterly Financial Information (Unaudited) - Unaudited Condensed Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net Income (Loss)		$ (16,559)	$ (18,372)	$ (42,103)	$ (37,027)
Other, net				148	273
Change in contract assets				(712)	1,307
Other current assets				(7,656)	1,654
Change in contract liabilities				(6,161)	4,648
Other accrued expenses				275	359
Net cash used in operating activities				(13,239)	(28,615)
Purchase of property and equipment				(12,585)	(6,653)
Net cash used in investing activities				(22,732)	(4,098)
Effect of foreign currency translation on cash, cash equivalents and restricted cash				1,947	538
Cash, cash equivalents and restricted cash - Ending balance		$ 24,016	43,568	$ 24,016	43,568
As Previously Reported
Net Income (Loss)			(16,266)		(33,939)
Other, net	[1]				(281)
Change in contract assets	[2]				(1,506)
Other current assets	[3]				263
Change in contract liabilities	[4]				5,467
Other accrued expenses	[5]				766
Net cash used in operating activities					(22,591)
Purchase of property and equipment	[6]				(12,677)
Net cash used in investing activities					(10,122)
Effect of foreign currency translation on cash, cash equivalents and restricted cash	[7]				597
Cash, cash equivalents and restricted cash - Ending balance			43,627		43,627
Restatement Adjustments
Net Income (Loss)			(2,106)		(3,088)
Other, net	[1]				(8)
Change in contract assets	[2]				199
Other current assets	[3]				(1,917)
Change in contract liabilities	[4]				(819)
Other accrued expenses	[5]				(407)
Net cash used in operating activities					(6,024)
Purchase of property and equipment	[6]				(6,024)
Net cash used in investing activities					6,024
Effect of foreign currency translation on cash, cash equivalents and restricted cash	[7]				(59)
Cash, cash equivalents and restricted cash - Ending balance			(59)		(59)
As Restated
Net Income (Loss)					(37,027)
Other, net	[1]				(273)
Change in contract assets	[2]				(1,307)
Other current assets	[3]				(1,654)
Change in contract liabilities	[4]				4,648
Other accrued expenses	[5]				359
Net cash used in operating activities					(28,615)
Purchase of property and equipment	[6]				(6,653)
Net cash used in investing activities					(4,098)
Effect of foreign currency translation on cash, cash equivalents and restricted cash	[7]				538
Cash, cash equivalents and restricted cash - Ending balance			$ 43,568		$ 43,568
[1] The $8 adjustment to change in other, net for the six months ended June 30, 2023 represents the change in deferred income tax liabilities related to the impact to income tax provision as a result of the revenue adjustments. The $ 199 adjustment to change in contract assets for the six months ended June 30, 2023 is related to the impact to short-term and long-term balances of contract assets from the correction of revenue recognition for Space Services and R&D Services Contracts. The $ 1,917 adjustment to other current assets for the six months ended June 30, 2023 resulted from an increase of $ 1,274 in prepaid launch costs for customer-controlled satellites for one specific contract that is capitalized into other current assets instead of property and equipment, and an increase of $ 643 from the net change in advances for fixed assets balance reclassified out of other current assets into property and equipment. The $ 819 adjustment to change in contract liabilities for the six months ended June 30, 2023 is related to the impact in contract liabilities from the correction of revenue recognition for Space Services and R&D Services Contracts. The $ 407 adjustment to change in other accrued expense for the six months ended June 30, 2023 is related to the Delaware franchise tax accrual The $ 6,024 decrease in purchase of property and equipment for the six months ended June 30, 2023 resulted from a decrease of $ 4,101 in costs incurred to build the customer-controlled satellites for one specific contract being expensed rather than capitalized into the Company's property and equipment, a decrease of $ 1,275 from prepaid launch costs for the customer-controlled satellites for one specific contract being reclassified into other current assets rather than capitalized into the Company's property and equipment, and a decrease of $648 from noncash addition to property and equipment from the prior period advances that were incorrectly reflected as current period’s cash purchase. The $ 59 decrease in cash and cash equivalents as of June 30, 2023 is related to the cash remeasurement adjustment for cash balances from certain foreign subsidiaries, which resulted in a $59 change in effect of foreign currency translation on cash, cash equivalents and restricted cash for the six months ended June 30, 2023.

Restatement of Quarterly Fina_8

Restatement of Quarterly Financial Information (Unaudited) - Unaudited Condensed Consolidated Statements of Cash Flows (Parenthetical) (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Other, net		$ 148	$ 273
Change in contract assets		(712)	1,307
Other current assets		(7,656)	1,654
Change in contract liabilities		(6,161)	4,648
Other accrued expenses		275	359
Purchase of property and equipment		(12,585)	(6,653)
Cash, cash equivalents and restricted cash - Ending balance		$ 24,016	43,568
Restatement Adjustments
Other, net	[1]		(8)
Change in contract assets	[2]		199
Other current assets	[3]		(1,917)
Advances to Affiliate			643
Change in contract liabilities	[4]		(819)
Other accrued expenses	[5]		(407)
Purchase of property and equipment	[6]		(6,024)
Cash, cash equivalents and restricted cash - Ending balance			(59)
Restatement Adjustments | Property, Plant and Equipment [Member]
Prepaid Launch Cost			1,275
Costs Incurred			4,101
Restatement Adjustments | other current assets
Prepaid Launch Cost			1,274
Restatement Adjustments | Space Services and R&D Services Contracts [Member]
Change in contract liabilities			819
Restatement Adjustments | Delaware Franchise Tax [Member]
Other accrued expenses			407
As Restated
Other, net	[1]		(273)
Change in contract assets	[2]		(1,307)
Other current assets	[3]		(1,654)
Change in contract liabilities	[4]		4,648
Other accrued expenses	[5]		359
Purchase of property and equipment	[6]		(6,653)
Cash, cash equivalents and restricted cash - Ending balance			$ 43,568
[1] The $8 adjustment to change in other, net for the six months ended June 30, 2023 represents the change in deferred income tax liabilities related to the impact to income tax provision as a result of the revenue adjustments. The $ 199 adjustment to change in contract assets for the six months ended June 30, 2023 is related to the impact to short-term and long-term balances of contract assets from the correction of revenue recognition for Space Services and R&D Services Contracts. The $ 1,917 adjustment to other current assets for the six months ended June 30, 2023 resulted from an increase of $ 1,274 in prepaid launch costs for customer-controlled satellites for one specific contract that is capitalized into other current assets instead of property and equipment, and an increase of $ 643 from the net change in advances for fixed assets balance reclassified out of other current assets into property and equipment. The $ 819 adjustment to change in contract liabilities for the six months ended June 30, 2023 is related to the impact in contract liabilities from the correction of revenue recognition for Space Services and R&D Services Contracts. The $ 407 adjustment to change in other accrued expense for the six months ended June 30, 2023 is related to the Delaware franchise tax accrual The $ 6,024 decrease in purchase of property and equipment for the six months ended June 30, 2023 resulted from a decrease of $ 4,101 in costs incurred to build the customer-controlled satellites for one specific contract being expensed rather than capitalized into the Company's property and equipment, a decrease of $ 1,275 from prepaid launch costs for the customer-controlled satellites for one specific contract being reclassified into other current assets rather than capitalized into the Company's property and equipment, and a decrease of $648 from noncash addition to property and equipment from the prior period advances that were incorrectly reflected as current period’s cash purchase.