2021 Q4 Form 10-Q Financial Statement

#000175353921000010 Filed on November 15, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $11.49M $7.937M $5.317M
YoY Change 49.28%
Cost Of Revenue $10.18M $12.65M
YoY Change
Gross Profit $1.311M -$4.716M
YoY Change
Gross Profit Margin 11.41% -59.42%
Selling, General & Admin $28.68M $40.67M $6.972M
YoY Change 483.39%
% of Gross Profit 2187.34%
Research & Development $27.00K $57.00K $68.00K
YoY Change -16.18%
% of Gross Profit 2.06%
Depreciation & Amortization $4.502M $9.804M
YoY Change
% of Gross Profit 343.4%
Operating Expenses $33.21M $40.73M $7.040M
YoY Change 6899.07% 478.57%
Operating Profit -$31.89M -$48.95M -$12.54M
YoY Change 290.48% 1181426.86%
Interest Expense $33.78M $1.225M $784.0K
YoY Change 46776.21% 56.25%
% of Operating Profit
Other Income/Expense, Net $79.00K -$365.0K $85.38K
YoY Change -100.57% -527.51%
Pretax Income $6.023M -$46.90M -$13.91M
YoY Change -142.04% 237.12% 1311021.58%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings $5.395M -$46.90M -$14.42M
YoY Change -137.64% 225.18% 1359183.69%
Net Earnings / Revenue 46.96% -590.87% -271.24%
Basic Earnings Per Share -$0.67 -$0.42
Diluted Earnings Per Share $46.93K -$0.67 -$0.42
COMMON SHARES
Basic Shares Outstanding 116.1M shares 69.98M shares 34.26M shares
Diluted Shares Outstanding 69.98M shares 34.26M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.6M $194.9M $501.9K
YoY Change 41346.24% 38738.48%
Cash & Equivalents $165.6M $194.9M $9.356M
Short-Term Investments
Other Short-Term Assets $8.782M $8.211M $392.9K
YoY Change 2439.69% 1990.0%
Inventory
Prepaid Expenses $137.5K
Receivables $2.629M $4.909M
Other Receivables $0.00 $0.00
Total Short-Term Assets $178.7M $210.4M $894.8K
YoY Change 879.74% 23410.95%
LONG-TERM ASSETS
Property, Plant & Equipment $70.55M $21.70M
YoY Change 238.34%
Goodwill $9.393M $9.393M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $4.002M $4.070M $318.0M
YoY Change 22.12% -98.72%
Other Assets $560.0K $1.556M $4.300K
YoY Change -66.29% 36086.05%
Total Long-Term Assets $127.1M $113.3M $318.0M
YoY Change 24.99% -64.37%
TOTAL ASSETS
Total Short-Term Assets $178.7M $210.4M $894.8K
Total Long-Term Assets $127.1M $113.3M $318.0M
Total Assets $305.8M $323.7M $318.9M
YoY Change 154.98% 1.49% 67553.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.723M $2.055M $1.873M
YoY Change -58.75% 9.72%
Accrued Expenses $9.114M $8.185M
YoY Change
Deferred Revenue $11.27M $14.45M
YoY Change -22.5%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0%
Total Short-Term Liabilities $30.54M $27.39M $1.873M
YoY Change -44.93% 1362.55% 314.9%
LONG-TERM LIABILITIES
Long-Term Debt $71.41M $78.02M $0.00
YoY Change -15.86%
Other Long-Term Liabilities $653.0K $5.166M $11.07M
YoY Change -81.89% -53.33%
Total Long-Term Liabilities $72.06M $83.19M $11.07M
YoY Change -18.55% 651.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.54M $27.39M $1.873M
Total Long-Term Liabilities $72.06M $83.19M $11.07M
Total Liabilities $126.1M $170.9M $12.94M
YoY Change -17.41% 1220.34%
SHAREHOLDERS EQUITY
Retained Earnings -$470.9M -$476.3M -$585.1K
YoY Change 110.24% 81299.17% 11468.72%
Common Stock $11.00K $11.00K
YoY Change 266.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $179.6M $152.8M -$22.71M
YoY Change
Total Liabilities & Shareholders Equity $305.8M $323.7M $318.9M
YoY Change 154.98% 1.49% 67553.14%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $5.395M -$46.90M -$14.42M
YoY Change -137.64% 225.18% 1359183.69%
Depreciation, Depletion And Amortization $4.502M $9.804M
YoY Change
Cash From Operating Activities -$15.13M -$38.17M -$590.6K
YoY Change 10524.25% 6361.99%
INVESTING ACTIVITIES
Capital Expenditures -$734.0K -$539.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$13.39M -$49.07M $390.0K
YoY Change -33575.0% -12682.32%
Cash From Investing Activities -$14.12M -$49.61M $390.0K
YoY Change -35410.0% -12820.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -314.0K 275.2M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -15.13M -38.17M -590.6K
Cash From Investing Activities -14.12M -49.61M 390.0K
Cash From Financing Activities -314.0K 275.2M 0.000
Net Change In Cash -29.57M 187.4M -200.6K
YoY Change 28772.18% -93519.49%
FREE CASH FLOW
Cash From Operating Activities -$15.13M -$38.17M -$590.6K
Capital Expenditures -$734.0K -$539.0K
Free Cash Flow -$14.40M -$37.63M
YoY Change

Facts In Submission

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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-46356000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14422000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-251038000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9145000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.67
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.67
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.41
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.41
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-4.29
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-4.29
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.16
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.87
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.87
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2020Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
29265000 USD
bksy Stock Issued During Period Value Bridge Financing
StockIssuedDuringPeriodValueBridgeFinancing
106353000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
100000 USD
bksy Stock Issued During Period Value Sponsor Earn Out Shares
StockIssuedDuringPeriodValueSponsorEarnOutShares
-17659000 USD
bksy Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
200874000 USD
us-gaap Net Income Loss
NetIncomeLoss
-251038000 USD
CY2021Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
152797000 USD
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-18295000 USD
us-gaap Loans Assumed1
LoansAssumed1
26182000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2101000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
30000 USD
us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-22712000 USD
us-gaap Net Income Loss
NetIncomeLoss
-251038000 USD
us-gaap Net Income Loss
NetIncomeLoss
-9145000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1022000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
28449000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-250016000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-37594000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9804000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6448000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-75000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
284000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
29265000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1692000 USD
bksy Gain Loss On Issuance Of Convertible Debt
GainLossOnIssuanceOfConvertibleDebt
-99669000 USD
bksy Gain Loss On Issuance Of Convertible Debt
GainLossOnIssuanceOfConvertibleDebt
0 USD
bksy Debt Issuance Cost Expensed For Debt Carried At Fair Value
DebtIssuanceCostExpensedForDebtCarriedAtFairValue
48009000 USD
bksy Debt Issuance Cost Expensed For Debt Carried At Fair Value
DebtIssuanceCostExpensedForDebtCarriedAtFairValue
0 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1311000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
955000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
793000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-878000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-24000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-11162000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-418000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
18407000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
22000 USD
CY2021Q3 bksy Number Of Satellites
NumberOfSatellites
6 satellite
CY2021Q3 bksy Number Of Subsidiaries
NumberOfSubsidiaries
2 subsidiary
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
275000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2010000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-481000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1487000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1898000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
4428000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
137000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
423000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
806000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-15000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-2195000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
191000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1960000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
7932000 USD
bksy Increase Decrease In Liability For Estimated Contract Losses
IncreaseDecreaseInLiabilityForEstimatedContractLosses
1385000 USD
bksy Increase Decrease In Liability For Estimated Contract Losses
IncreaseDecreaseInLiabilityForEstimatedContractLosses
6344000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
2496000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
2595000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-38742000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-12510000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-14894000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-38742000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-27404000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
532000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
157000 USD
bksy Satellite Procurement Work In Process
SatelliteProcurementWorkInProcess
48951000 USD
bksy Satellite Procurement Work In Process
SatelliteProcurementWorkInProcess
18092000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
7000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-49490000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-18249000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
8410000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-49490000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9839000 USD
bksy Gross Proceeds From Reverse Recapitalization Transaction Net Of Equity Issuance Costs
GrossProceedsFromReverseRecapitalizationTransactionNetOfEquityIssuanceCosts
245222000 USD
bksy Gross Proceeds From Reverse Recapitalization Transaction Net Of Equity Issuance Costs
GrossProceedsFromReverseRecapitalizationTransactionNetOfEquityIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
291000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
58573000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
3600000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
100000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
30000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
163000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
21000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
22198000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6238000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 reportableSegment
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
108000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
275331000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3501000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
275331000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3501000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
187099000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-33742000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10573000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
37190000 USD
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
0 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
11383000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
197672000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14831000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
194942000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9356000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1086000 USD
CY2021Q3 us-gaap Restricted Cash
RestrictedCash
2730000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
5475000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
197672000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14831000 USD
us-gaap Interest Paid Net
InterestPaidNet
398000 USD
us-gaap Interest Paid Net
InterestPaidNet
954000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1184000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4496000 USD
bksy Equity Costs Incurred But Not Yet Paid
EquityCostsIncurredButNotYetPaid
388000 USD
bksy Equity Costs Incurred But Not Yet Paid
EquityCostsIncurredButNotYetPaid
0 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
735000 USD
bksy Issuance Of Common Stock Due To Bridge Notes And Rights Offering Net Of Issuance
IssuanceOfCommonStockDueToBridgeNotesAndRightsOfferingNetOfIssuance
106353000 USD
bksy Issuance Of Common Stock Due To Bridge Notes And Rights Offering Net Of Issuance
IssuanceOfCommonStockDueToBridgeNotesAndRightsOfferingNetOfIssuance
0 USD
bksy Issuance Of Common Stock Warrants Due To Bridge Financing
IssuanceOfCommonStockWarrantsDueToBridgeFinancing
18800000 USD
bksy Issuance Of Common Stock Warrants Due To Bridge Financing
IssuanceOfCommonStockWarrantsDueToBridgeFinancing
0 USD
bksy Warrants Exercised Net
WarrantsExercisedNet
210000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the unaudited condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingencies at the reporting date, and the reported amounts of revenues and expenses during the reporting period. These estimates are based on management’s best knowledge of current events and actions the Company may undertake in the future. Actual results could materially differ from these estimates. Significant estimates made by the Company relate to revenue and associated cost recognition, the collectability of accounts receivable, the recoverability and useful lives of property and equipment, the valuation of equity warrants and warrant liabilities, fair value estimates, the recoverability of goodwill and intangible assets, the provision for income taxes, and stock-based compensation.</span></div>
CY2021Q3 bksy Revenue Performance Obligation Satisfied Over Time Change In Estimate Increase Decrease In Cost To Cost
RevenuePerformanceObligationSatisfiedOverTimeChangeInEstimateIncreaseDecreaseInCostToCost
-1600000 USD
bksy Revenue Performance Obligation Satisfied Over Time Change In Estimate Increase Decrease In Cost To Cost
RevenuePerformanceObligationSatisfiedOverTimeChangeInEstimateIncreaseDecreaseInCostToCost
-1600000 USD
CY2021Q3 bksy Revenue Performance Obligation Satisfied Over Time Change In Estimate Number Of Contracts
RevenuePerformanceObligationSatisfiedOverTimeChangeInEstimateNumberOfContracts
2 contract
bksy Debt Instrument Number Of Tranches
DebtInstrumentNumberOfTranches
3 tranche
bksy Revenue Performance Obligation Satisfied Over Time Change In Estimate Increase Decrease In Cost To Cost
RevenuePerformanceObligationSatisfiedOverTimeChangeInEstimateIncreaseDecreaseInCostToCost
4000000 USD
CY2020Q3 bksy Revenue Performance Obligation Satisfied Over Time Change In Estimate Adjustment In Integration Costs
RevenuePerformanceObligationSatisfiedOverTimeChangeInEstimateAdjustmentInIntegrationCosts
6300000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3900000 shares
CY2021Q3 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
19200000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
300000 USD
CY2021Q3 bksy Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
18823000 USD
CY2021Q3 bksy Gross Proceeds From Reverse Recapitalization Transaction Net Of Equity Issuance Costs
GrossProceedsFromReverseRecapitalizationTransactionNetOfEquityIssuanceCosts
245222000 USD
CY2021Q3 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
-43963000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7072000 USD
CY2021Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-385000 USD
CY2021Q3 bksy Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
200874000 USD
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31625000 shares
CY2021Q3 bksy Stock Issued During Period Shares Reverse Recapitalization
StockIssuedDuringPeriodSharesReverseRecapitalization
34584000 shares
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
36400000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
11700000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
23100000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1600000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7937000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5317000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22596000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14728000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7937000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5317000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22596000 USD
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
47111000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
38203000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
25408000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17351000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21703000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20852000 USD
CY2021Q2 bksy Number Of Satellites Impaired
NumberOfSatellitesImpaired
2 satellite
CY2021Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
18400000 USD
CY2021Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
18400000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
800000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-24000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14728000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7937000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5317000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22596000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14728000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4909000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2903000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7937000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5317000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22596000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14728000 USD
CY2021Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
649000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
14537000 USD
CY2021Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
683000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2559000 USD
CY2021Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
683000 USD
CY2020Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
749000 USD
CY2021Q3 bksy Other Contract With Customer Asset After Allowance For Credit Loss Current
OtherContractWithCustomerAssetAfterAllowanceForCreditLossCurrent
1664000 USD
CY2020Q4 bksy Other Contract With Customer Asset After Allowance For Credit Loss Current
OtherContractWithCustomerAssetAfterAllowanceForCreditLossCurrent
3047000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2313000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3796000 USD
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
14453000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2559000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3796000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
17096000 USD
us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
8375000 USD
bksy Contract With Customer Liability Payments Received
ContractWithCustomerLiabilityPaymentsReceived
8268000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
740000 USD
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
0 USD
CY2020Q2 bksy Equity Method Investment Ownership Percentage Disposed Of
EquityMethodInvestmentOwnershipPercentageDisposedOf
1
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3831000 USD
us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
1663000 USD
bksy Contract With Customer Asset Changes Of Contract Costs
ContractWithCustomerAssetChangesOfContractCosts
-743000 USD
bksy Contract With Customer Liability Changes Of Contract Costs
ContractWithCustomerLiabilityChangesOfContractCosts
190000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2313000 USD
CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
15136000 USD
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 USD
CY2021Q3 us-gaap Goodwill Gross
GoodwillGross
9393000 USD
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
9393000 USD
CY2021Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2021Q3 us-gaap Goodwill
Goodwill
9393000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
9393000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10910000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8093000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2817000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10903000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 USD
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
2055000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4177000 USD
CY2021Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
3006000 USD
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2577000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5179000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1212000 USD
CY2021Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
10240000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
7966000 USD
CY2021Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.11
CY2021Q3 bksy Warrant Liability Current
WarrantLiabilityCurrent
0 USD
CY2020Q4 bksy Warrant Liability Current
WarrantLiabilityCurrent
558000 USD
CY2021Q3 bksy Other Accrued Expenses Current
OtherAccruedExpensesCurrent
163000 USD
CY2020Q4 bksy Other Accrued Expenses Current
OtherAccruedExpensesCurrent
28000 USD
CY2021Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
49000 USD
CY2020Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
48000 USD
CY2021Q3 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
1432000 USD
CY2020Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
0 USD
CY2021Q3 bksy Working Capital Liability Current
WorkingCapitalLiabilityCurrent
1057000 USD
CY2020Q4 bksy Working Capital Liability Current
WorkingCapitalLiabilityCurrent
6805000 USD
CY2021Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2701000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
7439000 USD
bksy Payments For Working Capital Liability
PaymentsForWorkingCapitalLiability
2800000 USD
bksy Working Capital Contract Refund
WorkingCapitalContractRefund
3900000 USD
bksy Working Capital Accounts Receivable Adjustment
WorkingCapitalAccountsReceivableAdjustment
1000000 USD
CY2021Q3 bksy Long Term Debt Gross Current
LongTermDebtGrossCurrent
0 USD
CY2020Q4 bksy Long Term Debt Gross Current
LongTermDebtGrossCurrent
16798000 USD
CY2021Q3 bksy Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
81237000 USD
CY2020Q4 bksy Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
86637000 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
81237000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
103435000 USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3215000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1827000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
78022000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
101608000 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
81237000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
103435000 USD
CY2021Q1 bksy Debt Instrument Number Of Tranches
DebtInstrumentNumberOfTranches
2 tranche
CY2021Q2 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
58600000 USD
bksy Debt Instrument Number Of Tranches
DebtInstrumentNumberOfTranches
3 tranche
us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
20343000 shares
us-gaap Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
3924000 shares
CY2021Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
21400000 USD
CY2021Q3 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
16100000 USD
CY2021Q3 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3500000 USD
CY2021Q3 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1800000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-12000 USD
CY2021Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
78500000 USD
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
79700000 USD
CY2021Q1 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P10Y
CY2021Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2021Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2021Q1 bksy Class Of Warrant Or Right Outstanding Tranche Two Exercise Price
ClassOfWarrantOrRightOutstandingTrancheTwoExercisePrice
9.20
CY2021Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.11
CY2020Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
47718000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2021Q3 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-291000 USD
CY2020Q3 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
126000 USD
CY2021Q1 bksy Debt Instrument Number Of Tranches
DebtInstrumentNumberOfTranches
2 tranche
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-291000 USD
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
0 USD
CY2021Q3 bksy Other Income Expense
OtherIncomeExpense
1000 USD
CY2020Q3 bksy Other Income Expense
OtherIncomeExpense
-155000 USD
bksy Other Income Expense
OtherIncomeExpense
18000 USD
bksy Other Income Expense
OtherIncomeExpense
126000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-365000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-155000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-147735000 USD
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
116100000 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
113300000 shares
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q3 bksy Derivative Instrument Contingent Consideration Liability Shares Volume Weighted Average Price Per Share
DerivativeInstrumentContingentConsiderationLiabilitySharesVolumeWeightedAveragePricePerShare
17.50
CY2021Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-46897000 USD
CY2021Q3 bksy Derivative Instrument Contingent Consideration Liability Earnout Period Threshold Consecutive Trading Days
DerivativeInstrumentContingentConsiderationLiabilityEarnoutPeriodThresholdConsecutiveTradingDays
20 satellite
CY2021Q3 bksy Derivative Instrument Contingent Consideration Liability Shares
DerivativeInstrumentContingentConsiderationLiabilityShares
2400000 shares
bksy Derivative Instrument Contingent Consideration Liability Term Of Shares
DerivativeInstrumentContingentConsiderationLiabilityTermOfShares
P7Y
CY2021Q3 bksy Derivative Instrument Contingent Consideration Liability Shares With Release Provision Terms Volume Weighted Average Price Per Share
DerivativeInstrumentContingentConsiderationLiabilitySharesWithReleaseProvisionTermsVolumeWeightedAveragePricePerShare
15.00
CY2021Q3 bksy Derivative Instrument Contingent Consideration Liability Shares With Release Provision Terms Number Of Trading Days
DerivativeInstrumentContingentConsiderationLiabilitySharesWithReleaseProvisionTermsNumberOfTradingDays
10 tradingDay
CY2021Q3 bksy Derivative Instrument Contingent Consideration Liability Shares With Release Provision Terms Earnout Period Threshold Consecutive Trading Days
DerivativeInstrumentContingentConsiderationLiabilitySharesWithReleaseProvisionTermsEarnoutPeriodThresholdConsecutiveTradingDays
20 tradingDay
CY2020Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-13911000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-250016000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-37594000 USD
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-511000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1022000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
28449000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-46897000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-14422000 USD
us-gaap Net Income Loss
NetIncomeLoss
-251038000 USD
us-gaap Net Income Loss
NetIncomeLoss
-9145000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.67
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.67
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.41
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.41
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-4.29
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-4.29
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.16
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.16
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.87
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.87
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69975000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69975000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34258000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34258000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58297000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58297000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32515000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32515000 shares
bksy Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
2 plan
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28493000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
550000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29265000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1692000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.0121
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0083
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.6500
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y6M
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y2M12D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3489000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.2160
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
969000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.1030
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
176000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.1507
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2344000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.2500
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y8M12D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
23670000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1241000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.4367
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
12302000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2400000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
300000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6800000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
400000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
600000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
600000 USD
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
500000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y1M6D
CY2021Q3 bksy Interest Payable Related Parties
InterestPayableRelatedParties
4700000 USD
CY2020Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
921000 USD
bksy Liability For Uncertainty In Income Taxes Noncurrent Additions
LiabilityForUncertaintyInIncomeTaxesNoncurrentAdditions
1040000 USD
bksy Payments For Liability For Uncertainty In Income Taxes
PaymentsForLiabilityForUncertaintyInIncomeTaxes
162000 USD
bksy Liability For Uncertainty In Income Taxes Noncurrent Adjustment To Expense
LiabilityForUncertaintyInIncomeTaxesNoncurrentAdjustmentToExpense
-27000 USD
CY2021Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1772000 USD
CY2021Q3 bksy Long Term Purchase Commitment Number Of Launches
LongTermPurchaseCommitmentNumberOfLaunches
5 satelliteLaunch
CY2021Q3 bksy Long Term Purchase Commitment Number Of Satellites
LongTermPurchaseCommitmentNumberOfSatellites
10 satellite
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
16100000 USD
bksy Long Term Purchase Commitment Launch Delay Period
LongTermPurchaseCommitmentLaunchDelayPeriod
P365D
bksy Long Term Purchase Commitment Remanifest Effort Period
LongTermPurchaseCommitmentRemanifestEffortPeriod
P4M
bksy Long Term Purchase Commitment Payment Period After Invoice Date
LongTermPurchaseCommitmentPaymentPeriodAfterInvoiceDate
P15D
CY2021Q3 bksy Long Term Purchase Commitment Remaining Amount Committed
LongTermPurchaseCommitmentRemainingAmountCommitted
9400000 USD
bksy Long Term Purchase Commitment Non Refundable Amount
LongTermPurchaseCommitmentNonRefundableAmount
2200000 USD
bksy Long Term Purchase Commitment Payment Period After Invoice Date
LongTermPurchaseCommitmentPaymentPeriodAfterInvoiceDate
P15D

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