|12 Months Ended|
Dec. 31, 2022
|Inventory Disclosure [Abstract]|
As of December 31, 2022 and December 31, 2021, inventory is comprised of raw materials, labor, and overhead costs incurred for the production of the Company’s rockets:
As of December 31, 2022, the Company determined inventory related to certain rocket builds were not recoverable. The change in provision for contract losses against inventory of $35.4 million and reserve for inventory excess and obsolescence of $2.5 million were recorded for the year ended December 31, 2022.
No definition available.
The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef