Quarterly report [Sections 13 or 15(d)]

Segment Reporting - Schedule of Selected Financial Data by Business Segment (Details)

v3.26.1
Segment Reporting - Schedule of Selected Financial Data by Business Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Revenues $ 117,074 $ 61,760 $ 214,046 $ 123,155
Cost of sales 84,530 80,824 155,694 133,178
Selling, general and administrative 21,920 36,010 86,070 39,517
Transaction expenses   57   57
Research and development 12,430 1,547 24,843 2,278
Reportable segment income (loss) from operations (1,806) (56,678) (52,561) (51,875)
Other (income) expense, net 729 (2,376) 958 (3,576)
Depreciation and amortization expense 10,607 4,607 21,070 7,230
Severance costs 279 1,955 534 2,132
Equity-based compensation expense 1,061 30,807 44,971 31,875
Transaction expenses   57   57
Acquisition integration cost 259 457 484 457
Disposal of long-lived assets 209   209  
Purchase accounting fair value adjustment related to inventory   2,418   2,418
Reportable Segment Adjusted EBITDA 9,880 (14,001) 13,749 (4,130)
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated [Abstract]        
Interest expense, net (796) (23,755) (3,263) (27,349)
Depreciation and amortization expense (11,460) (5,060) (22,710) (8,106)
Severance costs (294) (1,999) (556) (2,176)
Equity-based compensation expense (3,900) (32,686) (50,635) (35,598)
Transaction expenses (11) (16,643) (51) (20,442)
All other corporate charges (30,800) (32,459) (46,626) (31,932)
Debt financing costs and extinguishment losses (1,260) (105) (4,185) (105)
Acquisition integration cost (259) (457) (484) (457)
Disposal of long-lived assets (209)   (209)  
Purchase accounting fair value adjustment related to inventory   (2,418)   (2,418)
Income (loss) before income taxes (39,109) (129,583) (114,970) (132,713)
Space        
Segment Reporting [Line Items]        
Revenues 55,192 56,682 107,859 108,815
Cost of sales 51,559 59,033 99,324 104,187
Selling, general and administrative 4,197 4,245 8,479 7,389
Transaction expenses   0   0
Research and development 5,110 354 9,618 1,038
Reportable segment income (loss) from operations (5,674) (6,950) (9,562) (3,799)
Other (income) expense, net 635 (2,654) 737 (3,854)
Depreciation and amortization expense 1,636 2,051 3,259 4,049
Severance costs 132 1,950 300 2,127
Equity-based compensation expense 338 1,038 1,008 1,956
Transaction expenses   0   0
Acquisition integration cost 0 297 0 297
Disposal of long-lived assets 0   0  
Purchase accounting fair value adjustment related to inventory   0   0
Reportable Segment Adjusted EBITDA (4,203) 1,040 (5,732) 8,484
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated [Abstract]        
Disposal of long-lived assets 0   0  
Purchase accounting fair value adjustment related to inventory   0   0
Defense Tech        
Segment Reporting [Line Items]        
Revenues 61,882 5,078 106,187 14,340
Cost of sales 32,971 21,791 56,370 28,991
Selling, general and administrative 17,723 31,765 77,591 32,128
Transaction expenses   57   57
Research and development 7,320 1,193 15,225 1,240
Reportable segment income (loss) from operations 3,868 (49,728) (42,999) (48,076)
Other (income) expense, net 94 278 221 278
Depreciation and amortization expense 8,971 2,556 17,811 3,181
Severance costs 147 5 234 5
Equity-based compensation expense 723 29,769 43,963 29,919
Transaction expenses   57   57
Acquisition integration cost 259 160 484 160
Disposal of long-lived assets 209   209  
Purchase accounting fair value adjustment related to inventory   2,418   2,418
Reportable Segment Adjusted EBITDA 14,083 (15,041) 19,481 (12,614)
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated [Abstract]        
Disposal of long-lived assets $ (209)   $ (209)  
Purchase accounting fair value adjustment related to inventory   $ (2,418)   $ (2,418)