2022 Q4 Form 20-F Financial Statement

#000162828023013665 Filed on April 27, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $3.624M $6.012M $4.247M
YoY Change -14.67% 41.56%
Cost Of Revenue $1.955M $3.284M $1.876M
YoY Change 4.21% 75.05%
Gross Profit $1.669M $2.728M $2.371M
YoY Change -29.61% 15.06%
Gross Profit Margin 46.05% 45.38% 55.83%
Selling, General & Admin $14.35M $37.19M $36.65M
YoY Change -60.86% -23.3% 350.93%
% of Gross Profit 859.5% 1363.31% 1545.72%
Research & Development $7.339M $13.06M $9.640M
YoY Change -23.87% 36.72%
% of Gross Profit 439.72% 478.56% 406.58%
Depreciation & Amortization $7.841M $14.33M $5.975M
YoY Change 31.22% 26.76% 139.67%
% of Gross Profit 469.8% 525.15% 252.02%
Operating Expenses $43.05M $50.25M $71.12M
YoY Change -39.47% -29.35% 213.79%
Operating Profit -$41.38M -$90.87M -$68.74M
YoY Change -39.81% 32.18%
Interest Expense $14.67M $1.693M -$53.87M
YoY Change -127.23% -103.21% -41.26%
% of Operating Profit
Other Income/Expense, Net $621.0K $58.80M $1.067M
YoY Change -41.8% -210096.43% 78.84%
Pretax Income -$26.09M -$32.07M -$118.0M
YoY Change -77.88% -72.82% 3.69%
Income Tax $2.430M $4.573M -$232.0K
% Of Pretax Income
Net Earnings -$28.52M -$36.64M -$117.7M
YoY Change -75.78% -68.88% 3.35%
Net Earnings / Revenue -786.98% -609.46% -2772.33%
Basic Earnings Per Share -$0.44
Diluted Earnings Per Share -$0.37 -$0.66 -$1.298M
COMMON SHARES
Basic Shares Outstanding 83.19M shares
Diluted Shares Outstanding 83.80M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $76.53M $76.53M $8.533M
YoY Change 796.85% 796.85%
Cash & Equivalents $76.53M $76.53M $8.533M
Short-Term Investments
Other Short-Term Assets $843.0K $2.736M $2.695M
YoY Change -68.72% 1.52%
Inventory $588.0K $588.0K
Prepaid Expenses
Receivables $1.388M $1.388M $1.196M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $81.24M $81.24M $12.42M
YoY Change 553.9% 553.9%
LONG-TERM ASSETS
Property, Plant & Equipment $47.98M $56.15M $36.25M
YoY Change 32.37% 54.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $369.0K
YoY Change
Other Assets $6.463M $6.463M $1.640M
YoY Change 294.09% 294.09%
Total Long-Term Assets $62.62M $62.62M $38.26M
YoY Change 63.67% 63.67%
TOTAL ASSETS
Total Short-Term Assets $81.24M $81.24M $12.42M
Total Long-Term Assets $62.62M $62.62M $38.26M
Total Assets $143.9M $143.9M $50.68M
YoY Change 183.84% 183.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.850M $9.850M $6.650M
YoY Change 48.12% 48.12%
Accrued Expenses $6.417M $8.593M $23.44M
YoY Change -72.62% -63.33%
Deferred Revenue $1.941M $935.0K
YoY Change 107.59%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $247.1M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $30.07M $30.07M $278.1M
YoY Change -89.19% -89.19%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.908M
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $522.0K $7.585M $3.552M
YoY Change -85.3% 113.54%
Total Long-Term Liabilities $522.0K $7.585M $5.460M
YoY Change -90.44% 38.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.07M $30.07M $278.1M
Total Long-Term Liabilities $522.0K $7.585M $5.460M
Total Liabilities $37.66M $37.66M $283.6M
YoY Change -86.72% -86.72%
SHAREHOLDERS EQUITY
Retained Earnings -$222.8M -$186.2M
YoY Change 19.67%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $106.2M $106.2M -$232.9M
YoY Change
Total Liabilities & Shareholders Equity $143.9M $143.9M $50.68M
YoY Change 183.84% 183.84%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income -$28.52M -$36.64M -$117.7M
YoY Change -75.78% -68.88% 3.35%
Depreciation, Depletion And Amortization $7.841M $14.33M $5.975M
YoY Change 31.22% 26.76% 139.67%
Cash From Operating Activities -$33.98M -$68.50M -$16.04M
YoY Change 111.85% 147.11% 57.45%
INVESTING ACTIVITIES
Capital Expenditures $11.52M $27.25M -$7.728M
YoY Change -249.04% -342.97% 365.88%
Acquisitions
YoY Change
Other Investing Activities -$3.653M -$53.00K -$110.00
YoY Change 3320809.09% -1866.67% -100.0%
Cash From Investing Activities -$15.17M -$30.85M -$7.728M
YoY Change 96.31% 175.14% -480.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $8.603M $193.0K
YoY Change 1570.49% 99.88%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 122.0K $164.3M 7.496M
YoY Change -98.37% 489.02% -49.87%
NET CHANGE
Cash From Operating Activities -33.98M -$68.50M -16.04M
Cash From Investing Activities -15.17M -$30.85M -7.728M
Cash From Financing Activities 122.0K $164.3M 7.496M
Net Change In Cash -49.02M $64.98M -16.27M
YoY Change 201.33% -689.0% -339.31%
FREE CASH FLOW
Cash From Operating Activities -$33.98M -$68.50M -$16.04M
Capital Expenditures $11.52M $27.25M -$7.728M
Free Cash Flow -$45.49M -$95.75M -$8.310M
YoY Change 447.46% 480.17% -2.55%

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CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021 satl Temporary Equity Stock Issued During Period Shares New Issues
TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
-2033230 shares
CY2021 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
20332000 usd
CY2021 satl Temporary Equity Preferred Dividends
TemporaryEquityPreferredDividends
974000 usd
CY2021 satl Adjustment To Additional Paid In Capital Extinguishment Of Convertible Notes
AdjustmentToAdditionalPaidInCapitalExtinguishmentOfConvertibleNotes
39009000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
791000 usd
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
189200000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-96305000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-86000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10881000 usd
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
2033230 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
21306000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022 satl Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
5145000 usd
CY2022 satl Temporary Equity Preferred Dividends
TemporaryEquityPreferredDividends
97000 usd
CY2022 satl Reclassifications Of Temporary To Permanent Equity Shares
ReclassificationsOfTemporaryToPermanentEquityShares
2033230 shares
CY2022 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
21403000 usd
CY2022 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
21403000 usd
CY2022 satl Adjustments To Additional Paid In Capital Warrant Reclassification
AdjustmentsToAdditionalPaidInCapitalWarrantReclassification
124805000 usd
CY2022 satl Adjustments To Additional Paid In Capital Repayment Of Loan
AdjustmentsToAdditionalPaidInCapitalRepaymentOfLoan
3418000 usd
CY2022 satl Adjustments To Additional Paid In Capital Liability Reclassification
AdjustmentsToAdditionalPaidInCapitalLiabilityReclassification
1005000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2750000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-36641000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-226000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8368000 usd
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
106198000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-36641000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-96305000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21529000 usd
CY2022 us-gaap Depreciation
Depreciation
14326000 usd
CY2021 us-gaap Depreciation
Depreciation
10728000 usd
CY2020 us-gaap Depreciation
Depreciation
3031000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2015000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
548000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
298000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1601000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1619000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-38000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
8368000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
10881000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
1732000 usd
CY2022 us-gaap Interest Expense
InterestExpense
1693000 usd
CY2021 us-gaap Interest Expense
InterestExpense
9703000 usd
CY2020 us-gaap Interest Expense
InterestExpense
43000 usd
CY2022 satl Gain Loss On Fair Value Of Financial Instruments
GainLossOnFairValueOfFinancialInstruments
58311000 usd
CY2021 satl Gain Loss On Fair Value Of Financial Instruments
GainLossOnFairValueOfFinancialInstruments
17983000 usd
CY2020 satl Gain Loss On Fair Value Of Financial Instruments
GainLossOnFairValueOfFinancialInstruments
9637000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-37216000 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9240000 usd
CY2022 satl Reverse Recapitalization Expenses
ReverseRecapitalizationExpenses
9859000 usd
CY2021 satl Reverse Recapitalization Expenses
ReverseRecapitalizationExpenses
0 usd
CY2020 satl Reverse Recapitalization Expenses
ReverseRecapitalizationExpenses
0 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
4578000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2385000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1507000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-996000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-579000 usd
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-372000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1736000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1794000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1928000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4691000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
221000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1855000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-21000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3202000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1421000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6474000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1006000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
480000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
455000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-1562000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
21622000 usd
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
497000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1985000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-449000 usd
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-370000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-68462000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-28439000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11174000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27252000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11233000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15787000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
3653000 usd
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-53000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3000 usd
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-14000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-30852000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11230000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15773000 usd
CY2022 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 usd
CY2021 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
20332000 usd
CY2020 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
7513000 usd
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
17348000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8603000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
5291000 usd
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
CY2020 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
CY2022 satl Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
167504000 usd
CY2021 satl Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
0 usd
CY2020 satl Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
0 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
144000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
791000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
802000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
164336000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28636000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18150000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
65022000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-11033000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-8797000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4237000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2299000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1507000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8533000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17267000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24557000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77792000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8533000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17267000 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior year amounts have been reclassified to conform to the current year presentation.
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-222800000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-68500000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76500000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Use of Estimates</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The preparation of the Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Significant estimates and assumptions reflected in these Consolidated Financial Statements include, but are not limited to, revenue recognition; determination of useful lives of property and equipment; valuation of warrant liabilities, earnout liabilities, stock options; and determination of income tax. We evaluate our estimates and assumptions on an ongoing basis. Actual results could differ from those estimates and such differences may be material to the Consolidated Financial Statements.</span></div>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Credit risk management</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Credit risk is the risk that a counterparty fails to discharge an obligation to us. We are exposed to credit risk from financial assets including cash, cash equivalents and restricted cash held at banks, trade and other receivables.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The credit risk is managed based on our credit risk management policies and procedures. Credit risk of any entity doing business with us is systematically analyzed, including aspects of a qualitative nature. The measurement and assessment of our total exposure to credit risk covers all financial instruments involving any counterparty risk.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The credit risk in respect of cash balances held with banks and deposits with banks are managed via diversification of bank deposits and are only with major reputable financial institutions.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">As our risk exposure is mainly influenced by the individual characteristics of each customer, we continuously analyze the creditworthiness of significant debtors. Accounts receivable are non-interest bearing and generally on terms of 30 to 90 days.</span></div>
CY2022 us-gaap-supplement Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
1576000 usd
CY2021 us-gaap-supplement Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
1022000 usd
CY2020 us-gaap-supplement Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
594000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1794000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1736000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1794000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2022 satl Accounts Receivable Allowance For Credit Loss Foreign Exchange And Other
AccountsReceivableAllowanceForCreditLossForeignExchangeAndOther
-293000 usd
CY2021 satl Accounts Receivable Allowance For Credit Loss Foreign Exchange And Other
AccountsReceivableAllowanceForCreditLossForeignExchangeAndOther
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3237000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1794000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76528000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8533000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
126000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1138000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77792000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8533000 usd
CY2022 satl Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
3.3028
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17215336 shares
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
758000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
96000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
59000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
3520000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
49283000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
27286000 usd
CY2022 satl Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
168000000 usd
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
2033230 shares
CY2022Q1 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
2058229 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
88824647 shares
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6000000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4200000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
0 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6012000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4247000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1000000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1000000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1775962 shares
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1941000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
935000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2941000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1935000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
900000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6422000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
11296000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3860000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
0 usd
CY2022 satl Contingent Consideration Liability Remeasurement Gain Loss
ContingentConsiderationLiabilityRemeasurementGainLoss
11799000 usd
CY2022 satl Contingent Consideration Liability Reclassification To Equity
ContingentConsiderationLiabilityReclassificationToEquity
1005000 usd
CY2022Q4 satl Earnout Liability
EarnoutLiability
1353000 usd
CY2021Q4 satl Warrant Liability Fair Value Disclosure
WarrantLiabilityFairValueDisclosure
143237000 usd
CY2022 satl Warrant Liability New Issuance
WarrantLiabilityNewIssuance
37037000 usd
CY2022 satl Warrant Liability Change In Fair Value Of Financial Instruments
WarrantLiabilityChangeInFairValueOfFinancialInstruments
47000000 usd
CY2022 satl Warrant Liability Write Off Of Deferred Costs
WarrantLiabilityWriteOffOfDeferredCosts
203000 usd
CY2022 satl Warrant Liability Settlements
WarrantLiabilitySettlements
337000 usd
CY2022 satl Warrant Liability Reclassifications To Equity
WarrantLiabilityReclassificationsToEquity
124805000 usd
CY2022Q4 satl Warrant Liability Fair Value Disclosure
WarrantLiabilityFairValueDisclosure
8335000 usd
CY2021Q4 satl Earnout Liability
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CY2022 satl Contingent Consideration Liability Additions
ContingentConsiderationLiabilityAdditions
14157000 usd
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y25D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.30
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.504
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.041
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1842759 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1775962 shares
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
57181000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
39162000 usd
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OtherFinanceCosts
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CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24651000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47981000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32530000 usd
CY2022Q4 satl Property Plant And Equipment And Operating Lease Right Of Use Assets
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssets
56152000 usd
CY2021Q4 satl Property Plant And Equipment And Operating Lease Right Of Use Assets
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssets
35485000 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1767000 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1153000 usd
CY2022Q4 us-gaap Supplies
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588000 usd
CY2021Q4 us-gaap Supplies
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829000 usd
CY2022Q4 us-gaap Other Assets Current
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843000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
713000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3198000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2695000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
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0 usd
CY2021Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
16263000 usd
CY2022Q4 satl Accrued Provisions
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71000 usd
CY2021Q4 satl Accrued Provisions
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2934000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
3289000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
2545000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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3128000 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
2045000 usd
CY2022Q4 satl Accrued Expenses And Other Liabilities Other
AccruedExpensesAndOtherLiabilitiesOther
451000 usd
CY2021Q4 satl Accrued Expenses And Other Liabilities Other
AccruedExpensesAndOtherLiabilitiesOther
2200000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
6939000 usd
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
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5000000 usd
CY2021Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
25987000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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6417000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
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23435000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
522000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2552000 usd
CY2022 satl Finance Costs Net Interest Expense
FinanceCostsNetInterestExpense
1596000 usd
CY2021 satl Finance Costs Net Interest Expense
FinanceCostsNetInterestExpense
8729000 usd
CY2020 satl Finance Costs Net Interest Expense
FinanceCostsNetInterestExpense
43000 usd
CY2022 satl Finance Costs Net Dividends
FinanceCostsNetDividends
97000 usd
CY2021 satl Finance Costs Net Dividends
FinanceCostsNetDividends
974000 usd
CY2020 satl Finance Costs Net Dividends
FinanceCostsNetDividends
0 usd
CY2022 satl Other Finance Costs
OtherFinanceCosts
123000 usd
CY2021 satl Other Finance Costs
OtherFinanceCosts
71000 usd
CY2022 satl Finance Costs Net Interest Income
FinanceCostsNetInterestIncome
1164000 usd
CY2021 satl Finance Costs Net Interest Income
FinanceCostsNetInterestIncome
36000 usd
CY2020 satl Finance Costs Net Interest Income
FinanceCostsNetInterestIncome
78000 usd
CY2022 satl Finance Costs Net
FinanceCostsNet
-652000 usd
CY2021 satl Finance Costs Net
FinanceCostsNet
-9738000 usd
CY2020 satl Finance Costs Net
FinanceCostsNet
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2972000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1387000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
186000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1601000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1619000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-38000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4573000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-232000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
148000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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3900000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2000000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3889000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3889000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5000 usd
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Fdii Amount
EffectiveIncomeTaxRateReconciliationFdiiAmount
141000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Fdii Amount
EffectiveIncomeTaxRateReconciliationFdiiAmount
200000 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation Fdii Amount
EffectiveIncomeTaxRateReconciliationFdiiAmount
0 usd
CY2022 satl Effective Income Tax Rate Reconciliation Argentina Tax Inflation Adjustment
EffectiveIncomeTaxRateReconciliationArgentinaTaxInflationAdjustment
-239000 usd
CY2021 satl Effective Income Tax Rate Reconciliation Argentina Tax Inflation Adjustment
EffectiveIncomeTaxRateReconciliationArgentinaTaxInflationAdjustment
381000 usd
CY2020 satl Effective Income Tax Rate Reconciliation Argentina Tax Inflation Adjustment
EffectiveIncomeTaxRateReconciliationArgentinaTaxInflationAdjustment
198000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4283000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3648000 usd
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1198000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
2293000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
0 usd
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
0 usd
CY2022 satl Effective Income Tax Rate Reconciliation Change In Carryforward Attributes
EffectiveIncomeTaxRateReconciliationChangeInCarryforwardAttributes
1740000 usd
CY2021 satl Effective Income Tax Rate Reconciliation Change In Carryforward Attributes
EffectiveIncomeTaxRateReconciliationChangeInCarryforwardAttributes
0 usd
CY2020 satl Effective Income Tax Rate Reconciliation Change In Carryforward Attributes
EffectiveIncomeTaxRateReconciliationChangeInCarryforwardAttributes
0 usd
CY2022 satl Effective Income Tax Rate Reconciliation Effect Of Rates Different Than Statutory
EffectiveIncomeTaxRateReconciliationEffectOfRatesDifferentThanStatutory
423000 usd
CY2021 satl Effective Income Tax Rate Reconciliation Effect Of Rates Different Than Statutory
EffectiveIncomeTaxRateReconciliationEffectOfRatesDifferentThanStatutory
3300000 usd
CY2020 satl Effective Income Tax Rate Reconciliation Effect Of Rates Different Than Statutory
EffectiveIncomeTaxRateReconciliationEffectOfRatesDifferentThanStatutory
828000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
112000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 usd
CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
177000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-4000 usd
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-20000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4573000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
148000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3023000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2053000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
415000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
407000 usd
CY2022Q4 satl Deferred Tax Assets Deferred Financing Costs
DeferredTaxAssetsDeferredFinancingCosts
806000 usd
CY2021Q4 satl Deferred Tax Assets Deferred Financing Costs
DeferredTaxAssetsDeferredFinancingCosts
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
193000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
419000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1365000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6245000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
5802000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
9124000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5802000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7484000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 usd
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1640000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13300000 usd
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
20900000 usd
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
8740398 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4611985 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4611985 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6864563 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.05
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y4M9D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
574299 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.56
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
102825 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.12
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
120126 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
2.60
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6067313 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.83
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y25D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10818000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4449152 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.31
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y11M1D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8832000 usd
CY2022 satl Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedIntrinsicValue
75000 usd
CY2021 satl Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedIntrinsicValue
23900000 usd
CY2020 satl Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedIntrinsicValue
9700000 usd
CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
17376 shares
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21529000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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83188276 shares
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8368000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10881000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1732000 usd
CY2022Q1 satl Reverse Recapitalization Conversion Price
ReverseRecapitalizationConversionPrice
10.00
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2022 satl Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
3.3028
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-36641000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-96305000 usd
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16655634 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16029826 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.78
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.34
CY2022 satl Earnings Per Share Dilutive Effect Of Gain Loss On Warrant Liability
EarningsPerShareDilutiveEffectOfGainLossOnWarrantLiability
-18635000 usd
CY2021 satl Earnings Per Share Dilutive Effect Of Gain Loss On Warrant Liability
EarningsPerShareDilutiveEffectOfGainLossOnWarrantLiability
0 usd
CY2020 satl Earnings Per Share Dilutive Effect Of Gain Loss On Warrant Liability
EarningsPerShareDilutiveEffectOfGainLossOnWarrantLiability
0 usd
CY2022 satl Earnings Per Share Attributable To Dilutive Effect Numerator
EarningsPerShareAttributableToDilutiveEffectNumerator
-55276000 usd
CY2021 satl Earnings Per Share Attributable To Dilutive Effect Numerator
EarningsPerShareAttributableToDilutiveEffectNumerator
-96305000 usd
CY2020 satl Earnings Per Share Attributable To Dilutive Effect Numerator
EarningsPerShareAttributableToDilutiveEffectNumerator
-21529000 usd
CY2022 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
609873 shares
CY2021 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
83798149 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
16655634 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
16029826 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.66
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.78
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.34
CY2022 satl Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
3.3028
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
58487423 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
29441138 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13434712 shares
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
108473000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
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