Company: SATLW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001874315-25-000014
Chunk: 51

Company: Satellogic Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Item 1
Chunk 51
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 Remeasurement gain/(loss)(1)236 Foreign currency translation adjustment91 At June 30, 2025$649 (1) Recognized in the Condensed Consolidated Statements of Operations and Comprehensive Loss as change in fair value of financial instruments for the six months ended June 30, 2025.

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Table of ContentsSATELLOGIC INC. Notes to Condensed Consolidated Financial Statements (in thousands of U.S. dollars, except share and per share information, unless otherwise stated) 

Changes in the fair value of Level 3 liabilities during the three months ended June 30, 2025 and 2024 were as follows:Liberty Warrants and Liberty Advisory Fee WarrantPIPE WarrantSponsor EarnoutSecured Convertible NotesAt December 31, 2023$2,017 $97 $419 $— Issues— — — 30,000 Remeasurement (gain)/loss(1)(933)(41)(206)6,430 At June 30, 2024$1,084 $56 $213 36,430 At December 31, 2024$8,012 $471 $1,501 $79,070 Interest payments— — — (1,670)Remeasurement (gain)/loss(1)1,675 50 353 20,310 At June 30, 2025$9,687 $521 $1,854 $97,710 (1) Recognized in Change in fair value of the Condensed Consolidated Statements of Operations and Comprehensive Loss as change in fair value of financial instruments for the six months ended June 30, 2025 and 2024, respectively.There were no transfers between Level 1 and Level 2 during the three months ended June 30, 2025 or 2024.

14. Related Parties

See description of transactions with CF&Co. and Liberty Investment as part of the Merger Transaction described in Note 4. (Reverse Recapitalization) of our 2024 Annual Report. Also see the description of the transactions involving CF&Co. described in Note 1 (Nature of the Business and Basis of Presentation) of this Report. We made purchases totaling $0.2 million and $0.5 million from our equity method investee, OS, in the six months ended June 30, 202