Company: SATLW
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001628280-25-025087
Chunk: 74

Company: Satellogic Inc.
Filing Date: 2025-05-13
Form: 10-Q
Item: Item 1
Chunk 74
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26,833 Argentina400 392 Spain217 746 Other countries41 134 Total (1) $32,340 $28,105 (1) The presentation in the table above is based on the geographic location of the entity that holds the assets.

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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) 

9. Additional Financial Statement Information

Prepaid Expenses and Other Current Assets                                                                                                                                                     March 31,December 31,20252024Prepaid expenses and other current assetsPrepaid expenses$2,090 $2,892 Officina Stellare S.p.A. (“OS”) Warrants1,053 322 Advances to suppliers116 138 Other current assets1,015 555 Total$4,274 $3,907 Accrued Expenses and Other LiabilitiesMarch 31,December 31,20252024Accrued expenses and other liabilitiesPayroll and benefits payable$2,874 $2,286 Advisory Fee cash payable7,500 7,500 Other taxes payable3,287 1,835 Other498 516 Total$14,159 $12,137 Total current$13,661 $11,621 Total non-current$498 $516 Interest Income, NetThree Months Ended March 31,20252024Interest income, netInterest expense (1)$— $(9)Interest income177 213 Total$177 $204 (1) Excludes interest on the Company’s Secured Convertible Notes, which is included in Change in Fair Value of Financial Instruments.

10. Income Tax

As of March 26, 2025, we are incorporated in the U.S. Our operations are conducted through various subsidiaries in a number of countries throughout the world with significant operations in Uruguay, where we operate in a free trade zone. Consequently, income tax has been provided based on the laws and tax rates in effect in the countries in which operations 

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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) 

are conducted or in which our subsidiaries are considered resident for corporate income tax purposes, including Argentina, China, Israel, the Netherlands, Spain, Uruguay,