Revenue (Tables)

9 Months Ended

Sep. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table provides information about disaggregated revenue for the three and nine months ended September 30, 2024 and 2023 (in thousands):

	Three Months Ended September 30,								Nine Months Ended September 30,
	2024				2023				2024				2023
Revenue by Contract Type
Cost reimbursable	$	33,844	58	%	$	—	—	%	$	115,581	67	%	$	—	—	%
Fixed price	23,097		39	%	10,259		81	%	52,759		30	%	42,803		87	%
Time and materials	1,537		3	%	2,472		19	%	4,998		3	%	6,157		13	%
Total	$	58,478	100	%	$	12,731	100	%	$	173,338	100	%	$	48,960	100	%

Schedule of Contract with Customer, Contract Asset, Contract Liability, and Receivable

The following table presents contract assets as of September 30, 2024 and December 31, 2023 (in thousands):

	September 30, 2024		December 31, 2023
Contract Assets
Unbilled receivables	$	16,772	$	6,146
Deferred contract costs	4,800		343
Total	$	21,572	$	6,489

The following table presents contract liabilities as of September 30, 2024 and December 31, 2023 (in thousands):

	September 30, 2024		December 31, 2023
Contract liabilities – current
Deferred revenue	$	44,364	$	22,896
Contract loss provision	8,167		5,457
Accrued launch costs	2,274		13,018
Total contract liabilities – current	54,805		41,371
Contract liabilities – long-term
Contract loss provision	879		—
Total contract liabilities – long-term	879		—
Total contract liabilities	$	55,684	$	41,371