|3 Months Ended|
Mar. 31, 2022
|Inventory Disclosure [Abstract]|
As of March 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 March 31, 2022, the Company determined inventory related to a certain near-term rocket build was not recoverable. As a result, in addition to $4.1 million of write-downs in previous periods, we wrote down inventory of $1.6 million during the three months ended March 31, 2022 to our estimated net realizable value
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