0000950170-24-022040 | 10-K | XBRL Viewer

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Intangible Assets - Summary of Amortization Expenses (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 1,401
2025	3,320
2026	3,250
2027	3,033
2028	2,879
Thereafter	$ 8,861

Leases - Summary of our lease expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease cost	$ 15,961	$ 14,964	$ 13,203
Finance lease cost:
Amortization of leased assets	112	156	35
Interest on lease liabilities	9	40	50
Total lease cost	$ 16,082	$ 15,160	$ 13,288

Earnings (Loss) Per Share - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income (loss) from continuing operations	$ 145,678	$ 92,059	$ 156,589
Less: Participation rights on Forward Transactions allocated to continuing operations	0	171	1,484
Undistributed Earnings (Loss) from Continuing Operations, Basic	$ 145,678	$ 91,888	$ 155,105
Income loss from Continuing operations basic shares	129,753	123,268	103,400
Net loss from continuing operations Basic	$ 1.12	$ 0.75	$ 1.5
Dilutive securities, effect on basic earnings per share, options and restrictive stock units	$ 0	$ 0	$ 0
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	3,530	4,881	6,674
Undistributed Earnings from Continuing Operations,Diluted	$ 145,678	$ 94,658	$ 162,326
Income loss from continuing operations diluted shares	133,283	133,923	127,205
Diluted loss per share from Continuing Operations	$ 1.09	$ 0.71	$ 1.28
Net loss from discontinued operations, net of tax	$ 0	$ 0	$ (3,854)
Less: Participation rights on Forward Transactions allocated to discontinued operations	0	0	(36)
Undistributed Loss from Discontinued Operations,Basic	$ 0	$ 0	$ (3,818)
Loss from discontinuing operations basic shares	129,753	123,268	103,400
Basic Loss per share from Discontinued Operations	$ 0	$ 0	$ (0.04)
Amount of dilutive securities stock based compensation	$ 0	$ 0	$ 3,615
Dilutive securities effect on convertible notes from discontinuing operations	0	5,774	17,131
Undistributed loss from discontinued operations, Diluted	$ 0	$ 0	$ (203)
Loss from discontinuing operations diluted shares	133,283	133,923	127,205
Diluted loss per share from Discontinued Operations	$ 0	$ 0	$ 0
Earnings per share - basic	1.12	0.75	1.46
Earnings per share - diluted	$ 1.09	$ 0.71	$ 1.28
Net income	$ 145,678	$ 92,059	$ 152,735
Basic - Weighted-average common shares outstanding	129,753	123,268	103,400
Diluted - Weighted-average common shares outstanding	133,283	133,923	127,205
Continuing operations	$ 1.12	$ 0.75	$ 1.5
Continuing operations	1.09	0.71	1.28
Basic - Net loss	1.12	0.75	1.46
Diluted - Net loss	$ 1.09	$ 0.71	$ 1.28
2022 Convertible Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive securities, effect on basic earnings per share, dilutive convertible securities	$ 0	$ 0	$ 0
Amount of dilutive securities convertible notes	$ 0	$ 2,770	$ 7,221
Dilutive securities effect on convertible notes from discontinuing operations	0	5,774	17,131

Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

2. Earnings Per Share

Basic and diluted earnings per share have been calculated using the weighted-average number of common shares outstanding for the period. Diluted earnings per share was computed using the treasury stock method for stock-based compensation and the if-converted method for the 2022 Convertible Notes.

The shares of common stock effectively repurchased in connection with the Forward Transactions (as defined and described in Note 8, “Long-Term Debt and Other Liabilities”) were considered participating securities requiring the two-class method to calculate basic and diluted earnings per share. Net earnings were allocated between shares of common stock and participating securities on a one-to-one basis. Refer to Note 8, “Long-Term Debt and Other Liabilities,” for further information.

The diluted earnings (loss) per share calculations exclude the effect of stock options, deferred stock units, restricted stock units and convertible notes when the computation is anti-dilutive. For the years ended December 31, 2023, 2022 and 2021, the weighted average number of shares excluded from the computation was 1.8 million, 0.5 million and 5.7 million shares, respectively.

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2023, 2022 and 2021; however, for the reasons described above, the shares associated with the Forward Transactions are excluded from the computation of basic earnings per share (in thousands, except per share amounts):


	For the Years Ended December 31,
	2023						2022						2021
	Income (Numerator)		Shares (Denominator)		Per Share Amount		Income (Numerator)		Shares (Denominator)		Per Share Amount		Income (Numerator)			Shares (Denominator)		Per Share Amount
Net income from continuing operations	$	145,678					$	92,059					$	156,589
Less: Participation rights on Forward Transactions allocated to continuing operations		—						171						1,484

Basic Earnings Per Share from Continuing Operations
Undistributed income from continuing operations	$	145,678		129,753	$	1.12	$	91,888		123,268	$	0.75	$	155,105			103,400	$	1.50

Effect of Dilutive Securities from Continuing Operations
Stock-based compensation		—		3,530				—		4,881				—			6,674
2022 Convertible Notes		—		—				2,770		5,774				7,221			17,131

Diluted Earnings Per Share from Continuing Operations
Undistributed income from continuing operations and assumed conversions	$	145,678		133,283	$	1.09	$	94,658		133,923	$	0.71	$	162,326			127,205	$	1.28

Net loss from discontinued operations	$	—					$	—					$	(3,854	)
Less: Participation rights on Forward Transactions allocated to discontinued operations		—						—						(36	)

Basic Loss Per Share from Discontinued Operations
Undistributed loss from discontinued operations	$	—		129,753	$	—	$	—		123,268	$	—	$	(3,818	)		103,400	$	(0.04	)

Effect of Dilutive Securities from Discontinued Operations
Stock-based compensation		—		3,530				—		4,881				3,615			6,674
2022 Convertible Notes		—		—				—		5,774				—			17,131

Diluted Loss Per Share from Discontinued Operations
Undistributed loss from discontinued operations and assumed conversions	$	—		133,283	$	—	$	—		133,923	$	—	$	(203	)		127,205	$	—

Earnings per share - basic					$	1.12					$	0.75						$	1.46
Earnings per share - diluted					$	1.09					$	0.71						$	1.28

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Restricted Cash	$ 300	$ 300
Depreciation expense	14,700	7,900	$ 7,900
Impairment charges	0	0	0
Impairment of long-lived assets	$ 0	0	0
Standard product warranty description	Our warranty terms range from two to five years.
Research and development expense	$ 36,700	$ 29,600	$ 24,900
Cell Site [Member] \| Minimum [Member]
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Lease term	5 years
Option to renewal lease term	5 years
Cell Site [Member] \| Maximum [Member]
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Lease term	10 years
Option to renewal lease term	25 years
Building [Member] \| Maximum [Member]
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Lease term	10 years
Option to renewal lease term	5 years
FCC Reimbursement Program [Member]
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Depreciation expense	$ 5,700
Net income Per Share Basic, Decrease	$ (0.04)
Net income Per Share Diluted, Decrease	$ (0.04)

Leases - Annual Future Minimum Obligations for Operating Leases Other than Arrangements with Commercial Airline Partners (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Leases
2024	$ 15,393
2025	15,552
2026	15,334
2027	14,376
2028	12,687
Thereafter	31,456
Total future minimum lease payments	104,798
Less: Amount representing interest	(21,467)
Present value of net minimum lease payments	83,331
Accrued liabilities	$ 10,284	$ 9,094
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued liabilities	Accrued liabilities	Accrued liabilities	Accrued liabilities
Non-current operating lease liabilities	$ 73,047	$ 79,241
Other non-current liabilities	0
Total lease liabilities	83,331
Financing Leases
2024	4
2025	2
2026	0
2027	0
2028	0
Thereafter	0
Total future minimum lease payments	6
Less: Amount representing interest	0
Present value of net minimum lease payments	6
Accrued liabilities	$ 4
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other non-current liabilities		Accrued liabilities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent
Non-current operating lease liabilities	$ 0
Other non-current liabilities	2
Total lease liabilities	$ 6

Employee Retirement and Postretirement Benefits - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Text Block [Abstract]
Employee Contribution, Percentage	100.00%
Percentage of employees contribution matched by the company	4.00%
Employer Contribution	$ 2.3	$ 2.1	$ 1.8

Summary of Significant Accounting Policies - Finite Lived Intangible Asset Useful Life (Detail)	Dec. 31, 2023
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	8 years
Software [Member]
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	7 years 2 months 12 days
Software [Member] \| Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	3 years
Software [Member] \| Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	8 years
OEM and Dealer Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	10 years
Service Customer Relationships [Member] \| Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	5 years
Service Customer Relationships [Member] \| Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	7 years
Other Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Finite lived intangible asset useful life	8 years

Stock-Based Compensation and 401(k) Plan - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Share Based Compensation Arrangement [Line Items]
Employee Contribution, Percentage	100.00%
Percentage of employees contribution matched by the company	4.00%
Employer Contribution	$ 2.3	$ 2.1	$ 1.8
Restricted Stock Units and Deferred Stock Units [Member]
Schedule Of Share Based Compensation Arrangement [Line Items]
Total unrecognized compensation costs related to unvested stock options	$ 37.0
Weighted average period related to unvested stock options	2 years 3 months 18 days
Total grant date fair value of stock options vested	$ 17.0
Employee Stock Option
Schedule Of Share Based Compensation Arrangement [Line Items]
Stock options granted	0
Stock options forfeited	1,875
Restricted Stock Units (RSUs) [Member]
Schedule Of Share Based Compensation Arrangement [Line Items]
Options vesting period	4 years
Option Exchange Program [Member]
Schedule Of Share Based Compensation Arrangement [Line Items]
Common stock, shares issued under ESPP	6,664,773
Stock options granted				4,168,455
Stock options forfeited				2,896,383
Employee Stock Purchase Plan [Member]
Schedule Of Share Based Compensation Arrangement [Line Items]
Common stock, shares reserved for issuance	2,200,000
Common stock, shares issued under ESPP	29,257
Employee Stock Purchase Plan [Member] \| Maximum [Member]
Schedule Of Share Based Compensation Arrangement [Line Items]
Purchase Price of Common Stock, Percent	15.00%
Stock Plan 2010, 2013 and 2016 [Member]
Schedule Of Share Based Compensation Arrangement [Line Items]
Common stock, shares reserved for issuance	33,234,128
Shares available for grant	4,432,317
Contractual life of granted options	10 years
Options vesting period	4 years
Stock Plan 2010, 2013 and 2016 [Member] \| Restricted Stock Units and Deferred Stock Units [Member] \| Director [Member]
Schedule Of Share Based Compensation Arrangement [Line Items]
2013 Omnibus Plan settlement, Description	DSUs will be settled in shares of our common stock after the director ceases to serve as a director.
Stock Plan 2010, 2013 and 2016 [Member] \| Employee Stock Option
Schedule Of Share Based Compensation Arrangement [Line Items]
Total grant date fair value of stock options vested	$ 0.3	$ 18.0	$ 10.0

Income Tax - Components of Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Federal net operating loss (NOL)	$ 93,610	$ 118,043
State NOL	22,167	26,033
Foreign NOL	14,243	14,430
Interest carryforward	68,225	67,644
Operating lease liability	20,664	21,744
Other	56,538	50,335
Total deferred income tax assets	275,447	298,229
Indefinite-lived intangible assets	(10,108)	(9,138)
Right-of-use asset	(17,495)	(18,525)
Interest rate cap valuation	(5,478)	(10,213)
Other	(127)	(226)
Total deferred income tax liabilities	(33,208)	(38,102)
Total deferred income tax	242,239	260,127
Valuation allowance	(25,601)	(97,470)
Net deferred income tax asset	$ 216,638	$ 162,657

Composition of Certain Reserves and Allowances - Schedule of Changes in Warranty Reserves (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Product Warranty Liability [Line Items]
Warranty Beginning Balance	$ 2,300
Warranty Ending Balance	3,420	$ 2,300
Warranty Reserves
Product Warranty Liability [Line Items]
Warranty Beginning Balance	2,300	2,450
Accruals for warranties issued	3,107	1,583
Settlements and adjustments to warranties	(1,987)	(1,733)
Warranty Ending Balance	$ 3,420	$ 2,300

Leases

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Leases

14. Leases

The following is a summary of our lease expense included in the consolidated statement of operations (in thousands):


	For the Years Ended December 31,
	2023		2022		2021
Operating lease cost	$	15,961	$	14,964	$	13,203
Finance lease cost:
Amortization of leased assets		112		156		35
Interest on lease liabilities		9		40		50
Total lease cost	$	16,082	$	15,160	$	13,288

Other information regarding our leases is as follows (in thousands, except lease terms and discount rates):


	For the Years Ended December 31,
	2023			2022			2021
Supplemental cash flow information
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows used in operating leases	$	16,422		$	15,194		$	13,930
Operating cash flows used in finance leases	$	9		$	40		$	51
Financing cash flows used in finance leases	$	132		$	184		$	145
Non-cash items:
Operating leases obtained	$	5,231		$	13,547		$	43,148
Finance leases obtained	$	—		$	11		$	—
Weighted average remaining lease term
Operating leases	7 years			8 years			9 years
Finance leases	2 years			1 year			2 years
Weighted average discount rate
Operating leases		6.8	%		6.7	%		7.0	%
Finance leases		4.7	%		17.0	%		18.6	%

Annual future minimum lease payments as of December 31, 2023 (in thousands):


Years ending December 31,	Operating Leases			Financing Leases
2024	$	15,393		$	4
2025		15,552			2
2026		15,334			—
2027		14,376			—
2028		12,687			—
Thereafter		31,456			—
Total future minimum lease payments		104,798			6
Less: Amount representing interest		(21,467	)		—
Present value of net minimum lease payments	$	83,331		$	6
Reported as of December 31, 2023
Accrued liabilities	$	10,284		$	4
Non-current operating lease liabilities		73,047			—
Other non-current liabilities		—			2
Total lease liabilities	$	83,331		$	6

As of December 31, 2023, there were no significant leases which had not yet commenced.

Composition of Certain Balance Sheet Accounts - Schedule of Components of Inventories (Details) - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Inventory Disclosure [Abstract]

Work-in-process component parts

$ 34,692

$ 34,840

Finished goods

28,495

14,653

Total inventory

^[1]

$ 63,187

$ 49,493

[1]	See Note 4, “Government Assistance,” for additional information.

Composition of Certain Reserves and Allowances (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable Allowance For Credit Losses [Line Items]
Accounts receivable, Beginning balance	$ 1,778	$ 894
Provision for expected credit losses	1,143	1,001
Write-offs charged against the allowances	(1,152)	(326)
Other	322	209
Accounts receivable, Ending balance	2,091	1,778
Other non-current assets
Financing Receivable Allowance For Credit Losses [Line Items]
Financing Receivable, Beginning balance	501	455
Financing Receivable, Provision for expected credit losses	90	46
Financing Receivable, Ending balance	$ 591	$ 501

- Definition

Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement.

+ References + Details

Income Tax - Income Tax Computed at Federal Statutory Tax Rates (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Federal statutory rate	21.00%	21.00%	21.00%
Change in valuation allowance	(74.50%)	(10.90%)	595.50%
State income taxes-net of federal tax benefit	5.00%	4.00%	3.20%
R&D credit	(1.20%)	0.40%	8.30%
Nondeductible officer's compensation	$ 1,200	$ 100	$ 1,500
Excess tax benefits on stock-based compensation	$ (400)	$ (2,000)	$ (3,000)
Loss on Settlement of 2022 Convertible Notes	0.00%	0.00%	(12.90%)
Other	0.40%	1.10%	0.40%
Effective tax rate	(49.30%)	12.90%	611.00%

Revenue Recognition - Summary of Revenue Disaggregated by Category (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	$ 397,577	$ 404,067	$ 335,716
Aircraft Owner Operator [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	318,015	296,329	259,583
OEM and Aftermarket Dealer [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	79,562	107,738	76,133
Cost of Service Revenue [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	318,015	296,329	259,583
Cost of Equipment Revenue [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	79,562	107,738	76,133
Connectivity [Member] \| Cost of Service Revenue [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	312,898	291,444	255,786
Entertainment And Other [Member] \| Cost of Service Revenue [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	5,117	4,885	3,797
ATG [Member] \| Cost of Equipment Revenue [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	64,585	91,152	61,780
Narrowband satellite \| Cost of Equipment Revenue [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	7,956	9,992	11,048
Other Product Or Service [Member] \| Cost of Equipment Revenue [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue	$ 7,021	$ 6,594	$ 3,305

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 139,036

$ 150,550

Short-term investments

24,796

Total cash, cash-equivalents and short-term investments

139,036

175,346

Accounts receivable, net of allowances of $2,091 and $1,778, respectively

48,233

54,210

Inventories

^[1]

63,187

49,493

Prepaid expenses and other current assets

64,138

45,100

Total current assets

314,594

324,149

Non-current assets:

Property and equipment, net

98,129

104,595

Intangible assets, net

55,647

49,509

Operating lease right-of-use assets

70,552

75,261

Other non-current assets, net of allowances of $591 and $501, respectively

25,979

43,355

Deferred income taxes

216,638

162,657

Total non-current assets

466,945

435,377

Total assets

781,539

759,526

Current liabilities:

Accounts payable

16,094

13,646

Accrued liabilities

47,649

60,056

Deferred revenue

1,003

3,418

Current portion of long-term debt

7,250

Total current liabilities

71,996

84,370

Non-current liabilities:

Long-term debt

587,501

690,173

Non-current operating lease liabilities

73,047

79,241

Other non-current liabilities

8,270

7,611

Total non-current liabilities

668,818

777,025

Total liabilities

740,814

861,395

Commitments and contingencies (Note 17)

Stockholders equity (deficit)

Common stock, par value $0.0001 per share; 500,000,000 shares authorized at December 31, 2023 and December 31, 2022; 137,632,284 and 136,531,362 shares issued at December 31, 2023 and December 31, 2022, respectively; and 128,462,343 and 127,840,813 shares outstanding at December 31, 2023 and December 31, 2022, respectively

Additional paid-in capital

1,402,003

1,385,933

Accumulated other comprehensive income

15,796

30,128

Treasury stock, at cost

(163,197)

(158,375)

Accumulated deficit

(1,213,891)

(1,359,569)

Total stockholders equity (deficit)

40,725

(101,869)

Total liabilities and stockholders’ deficit

$ 781,539

$ 759,526

[1]	See Note 4, “Government Assistance,” for additional information.

Composition of Certain Balance Sheet Accounts - Schedule of Property and Equipment (Detail) - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Property Plant And Equipment [Line Items]

Property and equipment, gross

$ 219,461

$ 211,962

Accumulated depreciation

(121,332)

(107,367)

Property and equipment, net

98,129

104,595

Office Equipment, Furniture, Fixtures and Other [Member]

Property Plant And Equipment [Line Items]

Property and equipment, gross

19,153

17,242

Leasehold Improvements [Member]

Property Plant And Equipment [Line Items]

Property and equipment, gross

16,132

15,357

Network Equipment [Member]

Property Plant And Equipment [Line Items]

Property and equipment, gross

^[1]

$ 184,176

$ 179,363

[1]	See Note 4, “Government Assistance,” for additional information.

Interest Costs (Tables)

12 Months Ended

Dec. 31, 2023

Text Block [Abstract]

Summary of Interest Costs

The following is a summary of our interest costs for the years ended December 31, 2023, 2022 and 2021 (in thousands):


	For the Years Ended December 31,
	2023			2022			2021
Interest costs charged to expense	$	55,823		$	43,530		$	62,390
Amortization of deferred financing costs		2,385			3,058			4,661
Accretion of debt discount		403			456			419
Amortization of the purchase price of interest rate caps		1,509			157			2
Interest rate cap benefit		(27,064	)		(8,329	)		—
Interest expense		33,056			38,872			67,472
Interest costs capitalized to property and equipment		2,156			920			4
Interest costs capitalized to software		768			472			311
Total interest costs	$	35,980		$	40,264		$	67,787

Fair Value of Financial Assets and Liabilities - Summary of Fair Value and Carrying Value of Long-Term Debt (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Term Loan Facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Unamortized Discount	$ 2.1	$ 2.8

Government Assistance (Additional Information) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Jul. 15, 2022
Government Assistance [Line Items]
Reimbursements Cost			$ 132,000
Prepaid Expense and Other Assets, Current	$ 64,138	$ 45,100
Federal Communications Commission [Member]
Government Assistance [Line Items]
Reimbursements Cost			$ 334,000
Prepaid Expense and Other Assets, Current	$ 18,300

Composition of Certain Reserves and Allowances (Tables)

12 Months Ended

Dec. 31, 2023

Allowance for Credit Loss [Abstract]

Summary of our allowances for credit losses

Changes in our allowances for credit losses for the years ended December 31, 2023 and 2022 were as follows (in thousands):


				Other
	Accounts			Non-Current
	Receivable			Assets
Balance at January 1, 2022	$	894		$	455
Provision for expected credit losses		1,001			46
Write-offs charged against the allowances		(326	)		—
Other		209			—
Balance at December 31, 2022		1,778			501
Provision for expected credit losses		1,143			90
Write-offs charged against the allowances		(1,152	)		—
Other		322			—
Balance at December 31, 2023	$	2,091		$	591

Schedule of changes in our warrant reserves

Changes in our warranty reserve for the years ended December 31, 2023 and 2022 were as follows (in thousands):


	Warranty
	Reserve
Balance – January 1, 2022	$	2,450
Accruals for warranties issued		1,583
Settlements and adjustments to warranties		(1,733	)
Balance – December 31, 2022		2,300
Accruals for warranties issued		3,107
Settlements and adjustments to warranties		(1,987	)
Balance – December 31, 2023	$	3,420

Summary of Significant Accounting Policies - Depreciation of Property and Equipment Estimated Useful Lives (Detail)	Dec. 31, 2023
Office Equipment, Furniture, Fixtures and Other [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Depreciation of property and equipment estimated useful lives	3 years
Office Equipment, Furniture, Fixtures and Other [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Depreciation of property and equipment estimated useful lives	5 years
Leasehold Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Depreciation of property and equipment estimated useful lives	7 years
Leasehold Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Depreciation of property and equipment estimated useful lives	13 years
Network Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Depreciation of property and equipment estimated useful lives	5 years
Network Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Depreciation of property and equipment estimated useful lives	25 years

Consolidated Statements of Stockholders' Equity (Deficit) - USD ($) $ in Thousands	Total	Revision of Prior Period Accounting Standards Update Adjustment [Member]	Common Stock	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member] Revision of Prior Period Accounting Standards Update Adjustment [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Accumulated Deficit [Member]	Accumulated Deficit [Member] Revision of Prior Period Accounting Standards Update Adjustment [Member]	Treasury Stock
Beginning Balance at Dec. 31, 2020	$ (641,114)		$ 9	$ 1,088,590		$ (1,013)	$ (1,629,843)		$ (98,857)
Beginning Balance, Shares at Dec. 31, 2020			85,990,499						5,077,400
Net Income (Loss)	152,735						152,735
Currency translation adjustments, net of tax	53					53
Fair value adjustments of cash flow hedge, net of tax	2,749					2,749
Stock-based compensation expense	37,318			37,318
Issuance of common stock upon exercise of stock options	1,780			1,780
Issuance of common stock upon exercise of stock options, Shares			591,930
Issuance of common stock upon vesting of restricted stock units and restricted stock awards, Shares			1,346,008
Tax withholding related to vesting of restricted stock units	(6,708)			(6,708)
Issuance of common stock in connection with employee stock purchase plan	535			535
Issuance of common stock in connection with employee stock purchase plan, Shares			48,560
Settlement Of Convertible Notes Shares			24,353,006
Settlement of convertible notes	154,441		$ 2	154,439
Settlement of prepaid forward shares				29,946					$ (29,946)
Settlement of prepaid forward shares, Shares			(1,538,049)						1,538,049
Ending Balance at Dec. 31, 2021	(320,154)	$ (21,943)	$ 11	1,258,477	$ (47,423)	1,789	(1,451,628)	$ 25,480	$ (128,803)
Ending Balance, Shares at Dec. 31, 2021			110,791,954						6,615,449
Net Income (Loss)	92,059						92,059
Currency translation adjustments, net of tax	(265)					(265)
Fair value adjustments of cash flow hedge, net of tax	28,604					28,604
Stock-based compensation expense	19,065			19,065
Issuance of common stock upon exercise of stock options	2,023			2,023
Issuance of common stock upon exercise of stock options, Shares			758,681
Issuance of common stock upon vesting of restricted stock units and restricted stock awards, Shares			1,181,457
Issuance of common stock upon vesting of restricted stock units and restricted stock awards	1		$ 1
Tax withholding related to vesting of restricted stock units	(8,257)			(8,257)
Issuance of common stock in connection with employee stock purchase plan	642
Issuance of common stock in connection with employee stock purchase plan, Shares			52,489
Settlement Of Convertible Notes Shares			17,131,332
Settlement of convertible notes	102,788		$ 2	102,786
Repurchase of common stock shares			(1,500,000)						1,500,000
Repurchase Of Common Stock	18,375								$ 18,375
Settlement of prepaid forward shares				11,197					$ 11,197
Settlement of prepaid forward shares, Shares			(575,100)						575,100
Ending Balance at Dec. 31, 2022	(101,869)		$ 14	1,385,933		30,128	(1,359,569)		$ (158,375)
Ending Balance, Shares at Dec. 31, 2022			127,840,813						8,690,549
Net Income (Loss)	145,678						145,678
Currency translation adjustments, net of tax	291					(291)
Fair value adjustments of cash flow hedge, net of tax	14,623					14,623
Stock-based compensation expense	21,288			21,288
Issuance of common stock upon exercise of stock options	565			565
Issuance of common stock upon exercise of stock options, Shares			218,585
Issuance of common stock upon vesting of restricted stock units and restricted stock awards, Shares			853,080
Tax withholding related to vesting of restricted stock units	(6,188)			(6,188)
Issuance of common stock in connection with employee stock purchase plan	405			405
Issuance of common stock in connection with employee stock purchase plan, Shares			29,257
Repurchase of common stock shares			(479,392)						479,392
Repurchase Of Common Stock	(4,822)								$ (4,822)
Ending Balance at Dec. 31, 2023	$ 40,725		$ 14	$ 1,402,003		$ 15,796	$ (1,213,891)		$ (163,197)
Ending Balance, Shares at Dec. 31, 2023			128,462,343						9,169,941

Condensed Financial Information of Registrant (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Balance Sheets

The following presents the condensed financial information of our parent company on a standalone basis.

Gogo Inc.

Condensed Balance Sheets

(in thousands)


	December 31,		December 31,
	2023		2022
Assets:
Cash and cash equivalents	$	17,286	$	37,174
Prepaid expenses and other current assets		74		—
Deferred income taxes		222,043		172,871
Total assets	$	239,403	$	210,045

Liabilities and stockholders’ deficit:
Other current liabilities	$	189	$	113
Investments and payables with subsidiaries		198,489		311,801
Total liabilities		198,678		311,914
Total stockholders’ equity (deficit)		40,725		(101,869	)
Total liabilities and stockholders’ deficit	$	239,403	$	210,045

Condensed Statements of Operations and Comprehensive Income (Loss)

Gogo Inc.

Condensed Statements of Operations and Comprehensive Income (Loss)

(in thousands)


	For the Years Ended December 31,
	2023			2022			2021
Interest income	$	(1,280	)	$	(455	)	$	(6	)
Interest expense		—			2,770			9,504
Loss on extinguishment of debt and settlement of convertible notes		—			—			18,948
Other		(1,344	)		1			(4	)
Total other expense		(2,624	)		2,316			28,442
Income (loss) before income taxes		2,624			(2,316	)		(28,442	)
Income tax (benefit) provision		(48,075	)		13,658			(187,230	)
Equity (gains) losses of subsidiaries		(94,979	)		(108,033	)		6,053
Net income (loss)	$	145,678		$	92,059		$	152,735
Comprehensive income (loss)	$	145,678		$	92,059		$	152,735

Condensed Statements of Cash Flows

Gogo Inc.

Condensed Statements of Cash Flows

(in thousands)


	For the Years Ended December 31,
	2023			2022			2021
Operating activities:
Net income	$	145,678		$	92,059		$	152,735
Amortization of deferred financing costs		—			418			1,387
Settlement of convertible notes		—			—			18,948
Subsidiary equity (gains) losses		(94,979	)		(108,033	)		6,053
Deferred income taxes		(49,172	)		13,170			(187,220	)
Gain on sale of equity investment		(1,343	)		—			—
Other operating activities		2			(627	)		1,819
Net cash provided by (used in) operating activities		186			(3,013	)		(6,278	)
Investing activities:
Investments and advances with subsidiaries		(8,365	)		6,047			11,552
Purchase of equity investment		(5,000	)		—			—
Proceeds from sale of equity investment		6,343			—			—
Net cash provided by (used in) investing activities		(7,022	)		6,047			11,552
Financing activities:
Repurchase of common stock		(4,822	)		(18,375	)		—
Stock-based compensation activity		(8,230	)		(2,579	)		(5,245	)
Net cash used in financing activities		(13,052	)		(20,954	)		(5,245	)
Increase (decrease) in cash, cash equivalents and restricted cash		(19,888	)		(17,920	)		29
Cash, cash equivalents and restricted cash at beginning of period		37,174			55,094			55,065
Cash, cash equivalents and restricted cash at end of period	$	17,286		$	37,174		$	55,094
Cash, cash equivalents and restricted cash at end of period	$	17,286		$	37,174		$	55,094
Less: current restricted cash		—			—			25
Less: non-current restricted cash		—			—			—
Cash and cash equivalents at end of period	$	17,286		$	37,174		$	55,069

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

AOCI Attributable to Parent [Abstract]

Accumulated Other Comprehensive Income (Loss)

16. Accumulated Other Comprehensive Income (Loss)

The following is a summary of changes in accumulated other comprehensive income (loss) by component (in thousands):


				Change in
	Currency			Fair Value of
	Translation			Cash Flow
	Adjustment			Hedge			Total
Balance at January 1, 2021	$	(1,013	)	$	—		$	(1,013	)
Other comprehensive income before reclassifications		53			2,747			2,800
Less: loss realized and reclassified to earnings		—			(2	)		(2	)
Net current period comprehensive income		53			2,749			2,802
Balance at December 31, 2021	$	(960	)	$	2,749		$	1,789
Other comprehensive income (loss) before reclassifications		(265	)		34,765			34,500
Less: income realized and reclassified to earnings		—			6,161			6,161
Net current period comprehensive income		(265	)		28,604			28,339
Balance at December 31, 2022	$	(1,225	)		31,353		$	30,128
Other comprehensive income before reclassifications		291			4,579			4,870
Less: income realized and reclassified to earnings		—			19,202			19,202
Net current period comprehensive income (loss)		291			(14,623	)		(14,332	)
Balance at December 31, 2023	$	(934	)	$	16,730		$	15,796

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pay vs Performance Disclosure
Net Income (Loss)	$ 145,678	$ 92,059	$ 152,735

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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+ Details

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue	$ 397,577	$ 404,067	$ 335,716
Operating expenses:
Cost of service revenue (exclusive of items shown below)	69,568	64,427	56,103
Cost of equipment revenue (exclusive of items shown below)	63,383	71,473	46,092
Engineering, design and development	36,683	29,587	24,874
Sales and marketing	29,797	25,471	20,985
General and administrative	57,280	58,203	51,554
Depreciation and amortization	16,701	12,580	15,482
Total operating expenses	273,412	261,741	215,090
Operating income	124,165	142,326	120,626
Other expense (income):
Interest income	(7,403)	(2,386)	(191)
Interest expense	33,056	38,872	67,472
Loss on extinguishment of debt and settlement of convertible notes	2,224	0	83,961
Other (income) expense, net	(1,315)	123	25
Total other expense	26,562	36,609	151,267
Income (loss) from continuing operations before income taxes	97,603	105,717	(30,641)
Income tax (benefit) provision	(48,075)	13,658	(187,230)
Net income from continuing operations	145,678	92,059	156,589
Net loss from discontinued operations, net of tax	0	0	(3,854)
Net income	$ 145,678	$ 92,059	$ 152,735
Net income (loss) attributable to common stock per share - basic:
Continuing operations	$ 1.12	$ 0.75	$ 1.5
Discontinued operations	0	0	(0.04)
Net income attributable to common stock per share - basic	1.12	0.75	1.46
Net income attributable to common stock per share - diluted:
Continuing operations	1.09	0.71	1.28
Discontinued operations	0	0	0
Net income attributable to common stock per share - diluted	$ 1.09	$ 0.71	$ 1.28
Basic - Weighted-average common shares outstanding	129,753	123,268	103,400
Diluted - Weighted-average common shares outstanding	133,283	133,923	127,205
Service [Member]
Revenue:
Total revenue	$ 318,015	$ 296,329	$ 259,583
Product [Member]
Revenue:
Total revenue	$ 79,562	$ 107,738	$ 76,133

Fair Value of Financial Assets and Liabilities - Summary of Fair Value and Carrying Value of Long-Term Debt (Detail) - Term Loan Facility [Member] - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Fair value of term loans

^[1]

$ 610,000

$ 708,000

Term loans

^[2]

$ 604,797

$ 711,263

[1]	Fair value amounts are rounded to the nearest million.
[2]	Carrying value of the Term Loan Facility reflects the unaccreted debt discount of $2.1 million and $2.8 million, respectively, as of December 31, 2023 and 2022. See Note 8, “Long-Term Debt and Other Liabilities,” for further information.

Discontinued Operations

12 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

. Discontinued Operations

On December 1, 2020, we completed the previously announced sale of our commercial aviation (“CA”) business to a subsidiary of Intelsat Jackson Holdings S.A. (“Intelsat”) for a purchase price of $400.0 million in cash, subject to certain adjustments (the “Transaction”).

At the closing of the Transaction, the parties entered into certain ancillary agreements, including a transition services agreement, an intellectual property license agreement and commercial agreements. The transition services agreement has been terminated. The commercial agreements include an ATG network sharing agreement with a 10-year term, pursuant to which we provide certain in-flight connectivity services on our current ATG network and, when available, our Gogo 5G network, subject to certain revenue sharing obligations. Under the ATG network sharing agreement, Intelsat has exclusive access to the ATG network for commercial aviation in North America, subject to minimum revenue guarantees.

As a result of the Transaction, financial results related to the CA business were reported as discontinued operations for the year ended December 31, 2021. There was no discontinued operations activity for the CA business after December 31, 2021. We report the financial results of discontinued operations separately from continuing operations to distinguish the financial impact of disposal transactions from ongoing operations. Discontinued operations reporting occurs only when the disposal of a component or a group of components (i) meets the held-for-sale classification criteria or is disposed of by sale or other than by sale, and (ii) represents a strategic shift that will have a major effect on our operations and financial results.

The following table summarizes the results of discontinued operations which are presented as Net loss from discontinued operations, net of tax, in our consolidated statements of operations (in thousands):


	For the Year Ended December 31,
	2021
Operating expenses:
General and administrative		6,283
Total operating expenses		6,283
Operating loss		(6,283	)
Other income:
Gain on sale of CA business		(1,598	)
Total other income:		(1,598	)
Loss before income taxes		(4,685	)
Income tax benefit		(831	)
Net loss from discontinued operations, net of tax	$	(3,854	)

The following discussion relates entirely to discontinued operations.

Gain on Sale – Upon the closing of the Transaction on December 1, 2020, we received initial gross proceeds of $386.3 million, which reflects the $400.0 million purchase price, adjusted for cash, debt, transaction expenses and working capital. The final purchase price was subject to change due to customary post-closing purchase price adjustment procedures set forth in the purchase and sale agreement between Gogo and Intelsat, that were not yet complete. As the post-closing purchase price adjustment was not yet finalized and therefore represented a contingent gain, $9.4 million was recorded as a deferred gain on sale included within Accrued liabilities as of December 31, 2020. During December 2020, we recognized within Gain on sale of CA business a pretax gain on sale of $38.0 million, computed as the $386.3 million of initial gross proceeds less (i) the potential $9.4 million post-closing purchase price adjustment not yet finalized, (ii) the carrying value of the assets and liabilities transferred in the Transaction and (iii) Transaction-related costs. In October 2021, the independent accounting firm engaged to resolve a dispute between the parties regarding the working capital matter determined the final amount of the working capital adjustments to be $7.8 million. In the fourth quarter of 2021, Gogo paid Intelsat the $7.8 million and recognized an additional Gain on sale of CA business of $1.6 million.

Stock-Based Compensation – In August 2020, the Compensation Committee approved modifications to the vesting conditions and exercise periods of outstanding equity compensation awards held by certain of our then-current employees who became employees of Intelsat in the Transaction. These modifications became effective upon the consummation of the Transaction. Pursuant to such modifications, the options and restricted stock units (“RSUs”) held by Intelsat employees generally vested on the earlier of (i) the original vesting date and (ii) December 1, 2021; provided that the employee did not voluntarily resign from and was not terminated for cause by Intelsat prior to such date. Certain of these awards vested based on conditions that are not classified as a service, market or performance condition and as a result such awards were classified as a liability. Other than mark-to-market adjustments, all costs related to stock-based compensation for our prior employees who became employees of Intelsat in the Transaction were recognized as of December 31, 2020. For the year ended December 31, 2021, $24.0 million was reclassified from Accrued liabilities to Additional paid-in capital as the awards vested during the period. As of December 31, 2021, there were no remaining liability-classified awards.

The following is a summary of our stock-based compensation expense by operating expense line contained within the results of discontinued operations for the years December 31, 2023, 2022 and 2021 (in thousands):


	2023		2022		2021
Cost of service revenue	$	—	$	—	$	—
Cost of equipment revenue		—		—		—
Engineering, design and development		—		—		—
Sales and marketing		—		—		—
General and administrative		—		—		4,817
Total stock-based compensation expense	$	—	$	—	$	4,817

See Note 12, “Stock-Based Compensation and 401(k) Plan,” for additional information on our stock-based compensation plans.

Other Costs Classified to Discontinued Operations – During the year ended December 31, 2021, we incurred $1.5 million of additional costs (exclusive of the gain on sale, stock-based compensation expense noted above and income tax benefit) primarily due to employer-paid taxes arising from the exercise of stock options by former employees then employed by Intelsat.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2023 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	Item 9B. Other Information On November 17, 2023, Sergio Aguirre, our President and Chief Operating Officer, entered into a Rule 10b5–1 trading arrangement. Mr. Aguirre’s arrangement includes the potential sale of up to 108,694 shares of our common stock issuable upon the exercise of outstanding stock options, and expires on November 15, 2024 unless earlier terminated in accordance with the provisions of the arrangement. Mr. Aguirre’s arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934. Except as described above, during the fiscal quarter ended December 31, 2023, none of our directors or officers adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement” as such terms are defined in Item 408 of Regulation S-K.
Sergio Aguirre
Trading Arrangements, by Individual
Name	Sergio Aguirre
Title	President and Chief Operating Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	November 17, 2023
Rule 10b5-1 Arrangement Terminated	false
Aggregate Available	108,694
Trd Arr Expiration Date	Nov. 15, 2024

Composition of Certain Balance Sheet Accounts - Schedule of Other Non-Current Assets (Detail) - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Other Assets, Noncurrent [Abstract]

Interest rate cap

$ 10,295

$ 25,578

Contract assets, net of allowances of $591 and $501, respectively

9,625

^[1]

13,376

^[2]

Revolving credit facility deferred financing costs

1,011

1,445

Other

5,048

2,956

Total other non-current assets

$ 25,979

$ 43,355

[1]	See Note 4, “Government Assistance,” for additional information.
[2]	See Note 4, “Government Assistance,” for additional information.

Composition of Certain Reserves and Allowances

12 Months Ended

Dec. 31, 2023

Allowance for Credit Loss [Abstract]

Composition of Certain Reserves and Allowances

6. Composition of Certain Reserves and Allowances

Credit Losses — Changes in our allowances for credit losses for the years ended December 31, 2023 and 2022 were as follows (in thousands):


				Other
	Accounts			Non-Current
	Receivable			Assets
Balance at January 1, 2022	$	894		$	455
Provision for expected credit losses		1,001			46
Write-offs charged against the allowances		(326	)		—
Other		209			—
Balance at December 31, 2022		1,778			501
Provision for expected credit losses		1,143			90
Write-offs charged against the allowances		(1,152	)		—
Other		322			—
Balance at December 31, 2023	$	2,091		$	591

Warranties — Changes in our warranty reserve for the years ended December 31, 2023 and 2022 were as follows (in thousands):


	Warranty
	Reserve
Balance – January 1, 2022	$	2,450
Accruals for warranties issued		1,583
Settlements and adjustments to warranties		(1,733	)
Balance – December 31, 2022		2,300
Accruals for warranties issued		3,107
Settlements and adjustments to warranties		(1,987	)
Balance – December 31, 2023	$	3,420

Schedule Of Change In The Balance Of Gross Unrecognized Tax Benefits - Which Excludes Interest And Penalties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Beginning balances	$ 799	$ 0
Increases related to tax positions taken during a prior year	798	555
Decreases related to tax positions taken during a prior year	0	0
Increases related to tax positions taken during the current year	337	244
Decreases related to settlements with taxing authorities	0	0
Decreases related to expiration of the statute of limitations	0	0
Ending balances	$ 1,934	$ 799

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Principles of Consolidation

Principles of Consolidation - The consolidated financial statements include our wholly owned subsidiaries. All intercompany transactions and account balances have been eliminated. Unless otherwise noted, discussion in these Notes to Consolidated Financial Statements refers to our continuing operations. Refer to Note 19, “Discontinued Operations,” for further information.

We operate in a single distinct business segment, Business Aviation, for which operating performance is measured and resources are allocated on a consolidated basis, consistent with the financial information regularly reviewed by the chief operating decision maker, our CEO. Therefore, we report one business segment, comprised of our continuing operations. As we do not have multiple segments, we do not present segment information in this Annual Report on Form 10-K.

Use of Estimates

Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management evaluates the significant estimates and bases such estimates on historical experience and on various other assumptions believed to be reasonable under the circumstances. However, actual results could differ materially from those estimates.

As a result of our determination to participate in the FCC Reimbursement Program (as defined below), we reassessed and shortened the estimated useful lives of affected network equipment to be consistent with our estimated date to complete the program. This change in accounting estimate was effective beginning the second quarter of 2023 and resulted in increased depreciation expense of $5.7 million for the year ended December 31, 2023. Net income per basic and diluted share decreased by $0.04 for the year ended December 31, 2023.

See Note 6, “Composition of Certain Reserves and Allowances,” for further details.

Significant Risks and Uncertainties

Significant Risks and Uncertainties - Our operations are subject to certain risks and uncertainties, including without limitation those associated with fluctuations in operating results, implementation of our technology roadmap, strategic alliances, relationships with customers, suppliers and dealers, supply chain disruptions, funding of our growth, financing terms that may restrict operations, regulatory issues, competition, the economy, technology trends, evolving industry standards and other events that may impact the demand for air travel.

Cash, Cash Equivalents and Short-Term Investments

Cash, Cash Equivalents and Short-Term Investments - We consider cash and cash equivalents to be short-term, highly liquid investments that have the following characteristics: readily convertible to known amounts of cash, so near their maturities that there is insignificant risk of changes in value due to any changes in market interest rates, and having maturities of three months or less when purchased. We continually monitor positions with, and the credit quality of, the financial institutions with which we invest. The carrying amounts reported in the balance sheets for cash and cash equivalents approximate the fair market value of these assets.

We consider short-term investments to be investments with maturities of twelve months or less (but greater than three months).

Allowance for Credit Losses

Allowance for Credit Losses - We regularly evaluate our accounts receivable and contract assets for expected credit losses. Our expected loss allowance methodology for accounts receivable is developed using historical collection experience, current and future economic and market conditions, and a review of the current status of each customer’s trade accounts receivables. Due to the short-term nature of such receivables, the estimated amount of accounts receivable that may not be collected is based on the aging of the accounts receivable balances and the financial condition of customers. Additionally, specific allowance amounts are established to record the appropriate provision for customers that have a higher probability of default. Our monitoring activities include timely account reconciliation, dispute resolution, payment confirmation, consideration of each customer’s financial condition and macroeconomic conditions. Balances are written off when determined to be uncollectible. We apply a similar methodology to our current and non-current contract asset balances. However, due to the inherent additional risk associated with a long-term receivable, an additional provision for credit loss is applied to contract asset balances that will diminish over time as the contract nears its expiration date.

Estimates are used to determine the expected loss allowances. Such allowances are based on management’s assessment of anticipated payment, taking into account available historical and current information as well as management’s assessment of potential future developments. We are continuously monitoring our assumptions used to determine our expected credit losses which could cause us to record additional material credit losses in future periods.

Restricted Cash

Restricted Cash - Certain cash amounts are restricted as to use and are classified outside of cash and cash equivalents. Cash amounts with restrictions of twelve months or less are included in Prepaid expenses and other current assets and amounts restricted for greater than twelve months are included in Other non-current assets in our consolidated balance sheets.

Our restricted cash balances were $0.3 million as of both December 31, 2023 and 2022, and consisted primarily of a letter of credit issued for the benefit of the landlord of our office location in Chicago, IL.

Concentrations of Credit Risk

Concentrations of Credit Risk - Financial instruments that potentially subject us to a concentration of credit risk consist principally of cash and cash equivalents. All cash and cash equivalents are invested with creditworthy financial institutions.

Our revenue from customers domiciled outside of the United States accounted for less than 10% of our total revenue for the years ended December 31, 2023, 2022 and 2021. Our long-lived assets outside of the United States were less than 10% of our consolidated long-lived assets as of December 31, 2023 and 2022.

Income Tax

Income Tax - We use an asset- and liability-based approach in accounting for income taxes. Deferred income tax assets and liabilities are recorded for tax attributes and are based on the differences between the financial statement and tax basis of assets and liabilities, applying enacted statutory tax rates in effect for the year in which the tax differences are expected to reverse. We regularly assess the need for a valuation allowance related to our deferred income tax assets to determine, based on the weight of the available positive and negative evidence, whether it is more likely than not that some or all of such deferred assets will not be realized. We also consider the existence of any uncertain tax positions and, as necessary, provide a reserve for any uncertain tax positions at each reporting date.

See Note 13, “Income Tax,” for further details.

Inventories

Inventories - Inventories consist primarily of telecommunications systems and parts and are recorded at the lower of average cost or net realizable value. We evaluate the need for write-downs associated with obsolete, slow-moving and nonsalable inventory by reviewing net realizable inventory values on a periodic basis.

See Note 5, “Composition of Certain Balance Sheet Accounts,” for further details.

Property and Equipment and Depreciation

Property and Equipment and Depreciation - Property and equipment, including leasehold improvements, are stated at historical cost, less accumulated depreciation. Network asset inventory and construction in progress, which include materials, transmission and related equipment, interest and other costs relating to the construction and development of our network, are not depreciated until they are put into service. Network equipment consists of switching equipment, antennas, base transceiver stations, site preparation costs, and other related equipment used in the operation of our network. Depreciation expense totaled $14.7 million for the year ended December 31, 2023 and $7.9 million for both of the years ended December 31, 2022 and 2021. Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives for owned assets, which are as follows:


Office equipment, furniture, fixtures and other	3-5 years
Leasehold improvements	7-13 years
Network equipment	5-25 years

See Note 5, “Composition of Certain Balance Sheet Accounts,” for further details.

Improvements to leased property are depreciated over the shorter of the useful life of the improvement or the term of the related lease. We reassess the useful lives of leasehold improvements when there are changes to the terms of the underlying lease. Such reassessment has resulted in the useful life of specific assets being adjusted to a shorter period than originally estimated, resulting in an increase in annual depreciation expense for those assets. Repairs and maintenance costs are expensed as incurred.

Software Development Costs

Software Development Costs - We capitalize costs for network and non-network software developed or obtained for internal use during the application development stage. These costs include purchased software and direct costs associated with the development and configuration of internal use software that supports the operation of our service offerings. These costs are included in Intangible assets, net, in our consolidated balance sheets and, when the software is placed in service, are amortized on a straight-line basis over their estimated useful lives. Costs incurred in the preliminary project and post-implementation stages, as well as maintenance and training costs, are expensed as incurred.

With respect to software sold as part of our equipment sales, we capitalize software development costs once technological feasibility has been established. Such capitalized software costs are included in Intangible assets, net, in our consolidated balance sheets and amortized on a product-by-product basis over the remaining estimated economic life of the product, based on the greater of the ratio that current gross revenues for a product bear to the total of current and anticipated future gross revenues for that product or the straight-line method.

Intangible Assets

Intangible Assets - Intangible assets with indefinite lives are not amortized but are reviewed for impairment at least annually or whenever events or circumstances indicate the carrying value of the asset may not be recoverable. Our FCC Licenses, as defined in Note 7, “Intangible Assets,” are our only material indefinite-lived intangible assets. We perform our annual impairment test of our FCC Licenses during the fourth quarter of each fiscal year. We assess qualitative factors to determine the likelihood of impairment. Our qualitative analysis includes, but is not limited to, assessing the changes in macroeconomic conditions, regulatory environment,

industry and market conditions, financial performance versus budget and any other events or circumstances specific to the FCC Licenses. If it is more likely than not that the fair value of the FCC Licenses is greater than the carrying value, no further testing is required. If our qualitative analysis indicates more testing is required, or if we elect not to perform a qualitative analysis, we will apply the quantitative impairment test method.

Our quantitative impairment testing of the FCC Licenses uses the Greenfield method, an income-based approach. When performing this quantitative impairment testing, we estimate the value of our FCC spectrum licenses by calculating the present value of the cash flows of a hypothetical new market participant whose only assets are such licenses to determine the fair value of the FCC licenses. The estimate takes into account all costs and expenses necessary to build the Company’s infrastructure during the start-up period, projected revenue, and cash flows once the infrastructure is completed. Since there is limited corroborating data available in the marketplace that would demonstrate a market participant’s experience in establishing an “air-to-ground” business, we utilize our historic results and future projections as the underlying basis for the application of the Greenfield method. We follow the traditional discounted cash flow method, calculating the present value of a new market participant’s estimated debt free cash flows, based on our historical weighted average cost of capital, adjusted to reflect the cost of capital for a new market participant.

Although we believe our projected future operating results and cash flows and related estimates regarding fair values are based on reasonable assumptions, projected operating results and cash flows may not always be achieved. The failure to achieve one or more of our assumptions regarding projected operating results and cash flows in the near term or long term could reduce the estimated fair value below carrying value and result in the recognition of an impairment charge. The results of our annual indefinite-lived intangible asset impairment assessments for 2023, 2022 and 2021 indicated no impairment.

Intangible assets that are deemed to have a finite life are amortized over their useful lives as follows:


Software	3-8 years
OEM and dealer relationships	10 years
Service customer relationships	5-7 years
Other intangible assets	8 years

See Note 7, “Intangible Assets,” for further details

Long-Lived Assets

Long-Lived Assets - We review our long-lived assets to determine potential impairment whenever events indicate that the carrying amount of such assets may not be recoverable. We do this by comparing the carrying value of the long-lived assets with the estimated future undiscounted cash flows expected to result from the use of the assets, including cash flows from disposition. If we determine an impairment exists, the asset is written down to estimated fair value. There were no impairments of long-lived assets in 2023, 2022 or 2021.

Revenue Recognition

Revenue Recognition - Our revenue is primarily earned from providing connectivity and entertainment services and through sales of equipment.

We determine revenue recognition through the following steps:

•

Identification of the contract, or contracts, with a customer;

•

Identification of the performance obligations in the contract;

•

Determination of the transaction price;

•

Allocation of the transaction price to the performance obligations in the contract; and

•

Recognition of revenue as we satisfy the performance obligations.

Service revenue primarily consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services and is recognized as the services are provided to the customer.

Equipment revenue primarily consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.

In all cases, we evaluate whether a contract exists as it relates to collectability of the contract. Once a contract is deemed to exist, we evaluate the transaction price and deliverables under the contract.

A limited number of contracts contain multiple equipment and service deliverables. For these contracts, we account for each distinct good or service as a separate performance obligation. We allocate the contract’s transaction price to each performance obligation using the relative standalone selling price, which is based on the actual selling price for any good or service sold separately to a similar class of customer.

See Note 3, “Revenue Recognition,” for further information.

Government Assistance

Government Assistance - In July 2023, the Company elected to participate in the Federal Communications Commission (“FCC”) Secure and Trusted Communications Networks Reimbursement Program (the “FCC Reimbursement Program”). There is no applicable authoritative guidance under GAAP to account for this government grant. Therefore, we have elected to apply International Accounting Standard (“IAS”) 20 Accounting for Government Grants and Disclosure of Government Assistance by analogy. Under IAS 20, government grants related to assets are presented as either deferred income that is recognized on a systematic basis over the useful life of the asset or by deducting the grant from the carrying value of the asset. The Company has elected to deduct the grant from the carrying value of the asset. For grants related to income, the Company has elected to recognize these grants as a deduction from the related expense. Grant receivables from the FCC are recorded by the Company once there is reasonable assurance that the Company will comply with the conditions of the grant and the grant will be received.

See Note 4, “Government Assistance,” for additional information.

Research and Development Costs

Research and Development Costs - Expenditures for research and development are charged to expense as incurred and totaled $36.7 million, $29.6 million and $24.9 million for the years ended December 31, 2023, 2022 and 2021, respectively. Research and development costs are reported as engineering, design and development expenses in our consolidated statements of operations.

Warranty

Warranty - We provide warranties on parts and labor related to our products. Our warranty terms range from two to five years. Warranty reserves are established for costs that are estimated to be incurred after the sale, delivery and installation of the products under warranty. The warranty reserves are determined based on known product failures, historical experience and other available evidence, and are included in accrued liabilities in our consolidated balance sheets.

See Note 6, “Composition of Certain Reserves and Allowances,” for the details of the changes in our warranty reserve.

Asset Retirement Obligations

Asset Retirement Obligations - We have certain asset retirement obligations related to contractual commitments to remove our network equipment and other assets from leased cell sites upon termination of the site leases. The asset retirement obligations are classified as a noncurrent liability in our consolidated balance sheets.

See Note 5, “Composition of Certain Balance Sheet Accounts,” for the details of the changes in our asset retirement obligations.

Fair Value of Financial Instruments

Fair Value of Financial Instruments - We group financial assets and financial liabilities measured at fair value into three levels of hierarchy based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value.

See Note 11, “Fair Value of Financial Assets and Liabilities,” for further information.

Derivatives

Derivatives - We are exposed to interest rate risk on our variable rate borrowings. We currently use interest rate caps to manage our exposure to interest rate changes, and have designated these interest rate caps as cash flow hedges for accounting purposes. We account for these interest rate caps in accordance with ASC 815, Derivatives and Hedging, which requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the balance sheet. We record the effective portion of changes in the fair value of our cash flow hedges to other comprehensive income (loss), net of tax, and subsequently reclassify these amounts into earnings in the period during which the hedged transaction is recognized.

See Note 9, “Derivative Instruments and Hedging Activities,” for further information.

Earnings Per Share

Earnings Per Share - We calculate basic earnings per share using the weighted-average number of common shares outstanding during the period. We calculate diluted earnings per share using the weighted-average number of common shares outstanding and all dilutive potential common shares outstanding.

See Note 2, “Earnings Per Share,” for further information.

Stock-Based Compensation Expense

Stock-Based Compensation Expense - Compensation cost is measured and recognized at fair value for all stock-based payments, including stock options. For time-based vesting stock options, we estimate fair value using the Black-Scholes option-pricing model, which requires assumptions, such as expected volatility, risk-free interest rate, expected life, and dividends. Forfeitures are recognized when they occur. Restricted stock units (“RSUs”) and restricted stock are measured based on the fair market value of the underlying stock on the date of grant. Our stock-based compensation expense is recognized over the applicable vesting period and is included in the same operating expense line items in the consolidated statements of operations as the base cash compensation paid to the underlying employees.

See Note 12, “Stock-Based Compensation and 401(k) Plan,” for further information.

Leases

Leases – We have operating lease agreements for which we have recorded lease liabilities and right-of-use assets for leases primarily related to cell sites and office buildings. We determine whether a contract contains a lease at contract inception and calculate the lease liability and right-of-use asset using our incremental borrowing rate. Our cell site leases generally have terms of five to ten years, with renewal options for an additional five to 25 years. For certain cell sites, the renewal options are deemed to be reasonably certain to be exercised. Our building leases have original terms of ten years, with renewal options for an additional five years. We

recognize operating lease expense on a straight-line basis over the lease term. We have finance leases for computer and office equipment. Covenants within the Term Loan Facility contain certain restrictions on our ability to enter into new finance lease arrangements.

See Note 14, “Leases,” for further information.

Advertising Costs

Advertising Costs - Costs for advertising are expensed as incurred.

Debt Issuance Costs

Debt Issuance Costs - We defer loan origination fees and financing costs related to our various debt offerings as deferred financing costs. Additionally, we defer fees paid directly to the lenders related to amendments of our various debt offerings as deferred financing costs. We amortize these costs over the term of the underlying debt obligation using the effective interest method and include them in interest expense in the consolidated statement of operations. The fees incurred but not paid directly to the lenders in connection with amendments are expensed as incurred to interest expense. Deferred financing costs associated with future debt issuances are written off in the period during which we determine that the debt will no longer be issued.

See Note 8, “Long-Term Debt and Other Liabilities,” for further information.

Comprehensive Income

Comprehensive Income - Comprehensive income for the years ended December 31, 2023, 2022 and 2021 is net income plus or minus unrealized gains and losses on foreign currency translation adjustments and the changes in fair value of cash flow hedges.

Recently Issued Accounting Pronouncements

The Company considers the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB). ASUs not listed below were assessed and determined to be either not applicable or expected to have minimal impact on our consolidated financial statements and related notes.

Accounting standards not yet adopted:

In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. This guidance is effective retrospectively for fiscal years beginning after December 15, 2023 and interim periods after December 15, 2024. Early adoption is permitted. We are currently evaluating the impact that this guidance will have upon our consolidated financial statements and related notes.

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvement to Income Tax Disclosures to enhance the transparency and decision usefulness of income tax disclosures, most notably in the tax rate reconciliation and income taxes paid. This guidance is effective for annual periods beginning after December 15, 2024. Early adoption is permitted and the amendments should be applied on a prospective basis, however, retrospective application is permitted. We are currently evaluating the impact that this guidance will have upon our consolidated financial statements and related notes.

Derivative Instruments and Hedging Activities - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	May 31, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amounts	$ 650.0
Derivative, description of terms	We receive payments in the amount calculated pursuant to the caps for any period in which the daily compounded SOFR rate plus a credit spread adjustment recommended by the Alternative Reference Rate Committee of 0.26% increases beyond the applicable strike rate
Unrealized gain on the interest rate caps net		$ (4.8)	$ (9.3)
Other Comprehensive Income (Loss)
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of outstanding derivative instruments, unrealized loss net of taxes deferred in accumulated other comprehensive income			0.0	$ 0.0
Fair value of outstanding derivative instruments, loss, expected to be reclassified to earnings		2.6
Interest Rate Cap
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amounts	$ 8.6
Increase (Decrease) in Fair Value of Price Risk Fair Value Hedging Instruments		$ 16.1	$ 28.4

Composition of Certain Balance Sheet Accounts (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventory, Current [Table Text Block]

Inventories as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Work-in-process component parts	$	34,692	$	34,840
Finished goods		28,495		14,653
Total inventory(1)	$	63,187	$	49,493

(1)

See Note 4, “Government Assistance,” for additional information.

Schedule of Prepaid Expense and Other Current Assets

Prepaid expenses and other current assets as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Interest rate caps and receivable	$	23,227	$	28,496
FCC reimbursement receivable(1)		18,274		—
Contract assets(1)		6,939		6,494
Prepaid inventories		2,606		2,901
Other		13,092		7,209
Total prepaid expenses and other current assets	$	64,138	$	45,100

(1)

See Note 4, “Government Assistance,” for additional information.

Property and Equipment

Property and equipment as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023			2022
Office equipment, furniture, fixtures and other	$	19,153		$	17,242
Leasehold improvements		16,132			15,357
Network equipment(1)		184,176			179,363
		219,461			211,962
Accumulated depreciation		(121,332	)		(107,367	)
Property and equipment, net	$	98,129		$	104,595

(1)

See Note 4, “Government Assistance,” for additional information.

Schedule of Other Non-Current Assets

Other non-current assets as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Interest rate caps	$	10,295	$	25,578
Contract assets, net of allowances of $591 and $501, respectively(1)		9,625		13,376
Revolving credit facility deferred financing costs		1,011		1,445
Other		5,048		2,956
Total other non-current assets	$	25,979	$	43,355

(1)

See Note 4, “Government Assistance,” for additional information.

Accrued Liabilities

Accrued liabilities as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Employee compensation and benefits	$	10,386	$	19,235
Operating leases		10,284		9,094
Customer credit reserve		6,027		1,958
Network equipment		4,533		8,748
Warranty reserve		3,420		2,300
Taxes		2,170		2,282
Accrued interest		469		9,878
Other		10,360		6,561
Total accrued liabilities	$	47,649	$	60,056

Other Non-Current Liabilities

Asset retirement obligations are included in Other non-current liabilities in our consolidated balance sheets and changes for the years ended December 31, 2023 and 2022 consist of the following (in thousands):


	Asset
	Retirement
	Obligation
Balance – January 1, 2022	$	4,861
Liabilities incurred		682
Liabilities settled		(43	)
Accretion expense		553
Foreign exchange rate adjustments		(21	)
Balance – December 31, 2022		6,032
Liabilities incurred		51
Liabilities settled		(2	)
Accretion expense		558
Foreign exchange rate adjustments		10
Balance – December 31, 2023	$	6,649

Interest Costs - Summary of Interest Costs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Interest [Line Items]
Interest costs charged to expense	$ 55,823	$ 43,530	$ 62,390
Amortization of deferred financing costs	2,385	3,058	4,661
Accretion of debt discount	403	456	419
Amortization of the purchase price of interest rate caps	1,509	157	2
Interest expense	33,056	38,872	67,472
Total interest costs	35,980	40,264	67,787
Property and Equipment [Member]
Schedule Of Interest [Line Items]
Interest rate cap benefit	2,156	920	4
Software and Software Development Costs [Member]
Schedule Of Interest [Line Items]
Interest rate cap benefit	768	472	311
Interest Rate Cap [Member]
Schedule Of Interest [Line Items]
Interest rate cap benefit	$ 27,064	$ 8,329	$ 0

Condensed Financial Information of Registrant - Condensed Statements of Operations and Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Income Statements, Captions [Line Items]
Interest income	$ 7,403	$ 2,386	$ 191
Interest expense	(33,056)	(38,872)	(67,472)
Loss on extinguishment of debt and settlement of convertible notes	2,224	0	83,961
Other	1,315	(123)	(25)
Total other expense	26,562	36,609	151,267
Income (loss) before income taxes	97,603	105,717	(30,641)
Income tax (benefit) provision	48,075	(13,658)	187,230
Net income	145,678	92,059	152,735
Comprehensive income	131,346	120,398	155,537
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Interest income	(1,280)	(455)	(6)
Interest expense	0	2,770	9,504
Loss on extinguishment of debt and settlement of convertible notes	0	0	18,948
Other	(1,344)	1	(4)
Total other expense	(2,624)	2,316	28,442
Income (loss) before income taxes	2,624	(2,316)	(28,442)
Income tax (benefit) provision	(48,075)	13,658	(187,230)
Equity (gains) losses of subsidiaries	(94,979)	(108,033)	6,053
Net income	145,678	92,059	152,735
Comprehensive income	$ 145,678	$ 92,059	$ 152,735

Discontinued Operations - Additional Information (Details) - USD ($) $ in Thousands		1 Months Ended		12 Months Ended
	Dec. 01, 2020	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Initial gross proceeds							$ 386,300
Purchase price			$ 400,000				$ 400,000
Working capital		$ 7,800
Contingent gain	$ 9,400
Gain (loss) on sale of CA business		1,600	38,000
Awards vested						$ 24,000
Liability-classified awards						0
Additional costs due to employer paid taxes						1,500
Post closing purchase price adjustments			$ 9,400
Interest Paid, Discontinued Operations		$ 7,800
Impairment of long-lived assets				$ 0	$ 0	$ 0
Cash Acquired from Acquisition	$ 400,000

Derivative Instruments and Hedging Activities

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

9. Derivative Instruments and Hedging Activities

We are exposed to interest rate risk on our variable rate borrowings. We currently use interest rate caps to manage our exposure to interest rate changes, and have designated these interest rate caps as cash flow hedges for accounting purposes. Accordingly, the earnings impact of the derivatives designated as cash flow hedges is recorded upon the recognition of the variable interest payments related to the hedged debt.

In May 2021, we purchased interest rate caps with an aggregate notional amount of $650.0 million for $8.6 million. The cost of the interest rate caps will be amortized to interest expense using the caplet method, from the effective date through termination date. We receive payments in the amount calculated pursuant to the caps for any period in which the daily compounded SOFR rate plus a credit spread adjustment recommended by the Alternative Reference Rate Committee of 0.26% increases beyond the applicable strike rate. The notional amounts of the interest rate caps periodically decrease over the life of the caps.

The notional amounts, strike rates and end dates of the cap agreements are as follows (notional amounts in thousands):


Start Date	End Date	Notional Amounts		Strike Rate
7/31/2021	7/30/2023	$	650,000		0.75	%
7/31/2023	7/30/2024		525,000		0.75	%
7/31/2024	7/30/2025		350,000		1.25	%
7/31/2025	7/30/2026		250,000		2.25	%
7/31/2026	7/30/2027		200,000		2.75	%

We record the effective portion of changes in the fair value of our cash flow hedges to other comprehensive income (loss), net of tax, and subsequently reclassify these amounts into earnings in the period during which the hedged transaction is recognized. The amounts included in accumulated other comprehensive income will be reclassified to interest expense in the event the hedges are no longer considered effective, in accordance with ASC 815, Derivatives and Hedging. During the year ended December 31, 2023, fully offsetting unrealized gains and losses were incurred from our cash flow hedges that were considered ineffective as a result of a voluntary partial de-designation of the hedge relationship related to a prepayment of our existing variable-rate debt discussed in Note 8, “Long-Term Debt and Other Liabilities.” No gains or losses of our cash flow hedges were considered to be ineffective and reclassified from other comprehensive income (loss) to earnings for the years ended December 31, 2022 and 2021. We estimate that approximately $2.6 million currently recorded in accumulated other comprehensive income (loss) will be recognized in earnings over the next 12 months. We assess the effectiveness of the hedges on an ongoing basis, and the remaining outstanding caps are still considered to be highly effective, and remain designated as a cash flow hedge. Cash flows from interest rate caps are classified in the consolidated statements of cash flows as investing activities from continuing operations.

For the year ended December 31, 2023, we recorded a decrease in fair value on the interest rate caps of $16.1 million, net of tax of $4.8 million. For the year ended December 31, 2022, we recorded an increase in fair value on the interest rate caps of $28.4 million, net of tax of $9.3 million. Increases and decreases in fair value on interest rate caps above exclude amortization of the purchase price paid for the interest rate caps.

When derivatives are used, we are exposed to credit loss in the event of non-performance by the counterparties; however, non-performance is not anticipated. ASC 815, Derivatives and Hedging, requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the balance sheet. The fair values of the interest rate derivatives are based on quoted market prices for similar instruments from commercial banks (based on significant observable inputs - Level 2 inputs).

The following table presents the fair value of our interest rate derivatives included in the consolidated balance sheets for the periods presented (in thousands):


		December 31,
Derivatives designated as hedging instruments	Balance sheet location	2023		2022
Current portion of interest rate caps	Prepaid expenses and other current assets	$	18,801	$	24,459
Non-current portion of interest rate caps	Other non-current assets	$	10,295	$	25,578

Fair Value Measurement

Our derivative assets and liabilities consist principally of interest rate caps, which are carried at fair value based on significant observable inputs (Level 2 inputs). Derivatives entered into by us are typically executed over-the-counter and are valued using discounted cash flows along with fair value models that primarily use market observable inputs. These models take into account a variety of factors including, where applicable, maturity, interest rate yield curves, and counterparty credit risks.

Reference Rate Reform

In March 2020, the FASB issued Accounting Standard Update (“ASU”) 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. ASU 2020-04, which provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. In January 2021, the FASB issued ASU 2021-01, Reference Rate Reform (Topic 848): Scope. The amendments in ASU 2021-01 provide optional expedients to the current guidance on contract modification and hedge accounting from the expected market transition from LIBOR and other interbank offered rates to alternative reference rates. The guidance generally can be applied to applicable contract modifications through December 31, 2024. The Company evaluated the impact of ASU 2020-04 and 2021-01, both of which were previously adopted by the Company, and has made necessary changes to its affected contracts in order to capture the market transition from LIBOR to SOFR.

On February 2, 2023 the Company modified its 2021 Credit Agreement to use the Secured Overnight Financing Rate (“SOFR”) as a reference rate rather than LIBOR (see Note 8, “Long-Term Debt and Other Liabilities”). In conjunction with the amendment of the debt, the Company’s derivative positions automatically transitioned to SOFR, the designated fallback as determined by the International Swaps and Derivatives Association on July 31, 2023. Concurrently, the Company updated its hedge documentation to reflect the changing of the benchmark index, which changed solely as a result of reference rate reform. Under ASC 848, Reference Rate Reform, hedge accounting may continue without de-designation if certain criteria are met. For cash flow hedges in which the designated hedged risk is LIBOR (or another rate that is expected to be discontinued), the guidance allows an entity to assert that it remains probable that the hedged forecasted transaction will occur. The Company has assessed the effectiveness of the amended hedge relationship and concluded that the hedge relationship remains highly effective. The Company applied the optional expedient within ASC 848 to conclude the updates to the hedge relationship due to reference rate reform did not have a material impact on the Company's consolidated financial statements.

Condensed Financial Information of Registrant

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Financial Information of Registrant

18. Condensed Financial Information of Registrant

The following presents the condensed financial information of our parent company on a standalone basis.

Gogo Inc.

Condensed Balance Sheets

(in thousands)


	December 31,		December 31,
	2023		2022
Assets:
Cash and cash equivalents	$	17,286	$	37,174
Prepaid expenses and other current assets		74		—
Deferred income taxes		222,043		172,871
Total assets	$	239,403	$	210,045

Liabilities and stockholders’ deficit:
Other current liabilities	$	189	$	113
Investments and payables with subsidiaries		198,489		311,801
Total liabilities		198,678		311,914
Total stockholders’ equity (deficit)		40,725		(101,869	)
Total liabilities and stockholders’ deficit	$	239,403	$	210,045

Gogo Inc.

Condensed Statements of Operations and Comprehensive Income (Loss)

(in thousands)


	For the Years Ended December 31,
	2023			2022			2021
Interest income	$	(1,280	)	$	(455	)	$	(6	)
Interest expense		—			2,770			9,504
Loss on extinguishment of debt and settlement of convertible notes		—			—			18,948
Other		(1,344	)		1			(4	)
Total other expense		(2,624	)		2,316			28,442
Income (loss) before income taxes		2,624			(2,316	)		(28,442	)
Income tax (benefit) provision		(48,075	)		13,658			(187,230	)
Equity (gains) losses of subsidiaries		(94,979	)		(108,033	)		6,053
Net income (loss)	$	145,678		$	92,059		$	152,735
Comprehensive income (loss)	$	145,678		$	92,059		$	152,735

Gogo Inc.

Condensed Statements of Cash Flows

(in thousands)


	For the Years Ended December 31,
	2023			2022			2021
Operating activities:
Net income	$	145,678		$	92,059		$	152,735
Amortization of deferred financing costs		—			418			1,387
Settlement of convertible notes		—			—			18,948
Subsidiary equity (gains) losses		(94,979	)		(108,033	)		6,053
Deferred income taxes		(49,172	)		13,170			(187,220	)
Gain on sale of equity investment		(1,343	)		—			—
Other operating activities		2			(627	)		1,819
Net cash provided by (used in) operating activities		186			(3,013	)		(6,278	)
Investing activities:
Investments and advances with subsidiaries		(8,365	)		6,047			11,552
Purchase of equity investment		(5,000	)		—			—
Proceeds from sale of equity investment		6,343			—			—
Net cash provided by (used in) investing activities		(7,022	)		6,047			11,552
Financing activities:
Repurchase of common stock		(4,822	)		(18,375	)		—
Stock-based compensation activity		(8,230	)		(2,579	)		(5,245	)
Net cash used in financing activities		(13,052	)		(20,954	)		(5,245	)
Increase (decrease) in cash, cash equivalents and restricted cash		(19,888	)		(17,920	)		29
Cash, cash equivalents and restricted cash at beginning of period		37,174			55,094			55,065
Cash, cash equivalents and restricted cash at end of period	$	17,286		$	37,174		$	55,094
Cash, cash equivalents and restricted cash at end of period	$	17,286		$	37,174		$	55,094
Less: current restricted cash		—			—			25
Less: non-current restricted cash		—			—			—
Cash and cash equivalents at end of period	$	17,286		$	37,174		$	55,069

Stock-Based Compensation and 401(k) Plan - Summary of Stock-Based Compensation Expense by Operating Expense Excluding Discontinued Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 21,288	$ 19,065	$ 13,345
Cost of Service Revenue [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,701	1,073	472
Cost of Equipment Revenue [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,363	1,022	523
Engineering, Design and Development [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	3,569	2,532	1,358
Sales and Marketing [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	3,678	2,628	1,615
General and Administrative [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 10,977	$ 11,810	$ 9,377

Composition of Certain Balance Sheet Accounts - Schedule of Other Non-Current Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Liabilities, Noncurrent [Abstract]
Asset retirement obligations	$ 6,649	$ 6,032	$ 4,861
Total other non-current liabilities	$ 8,270	$ 7,611

Income Tax

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Income Tax

13. Income Tax

For financial reporting purposes, the income (loss) from continuing operations before income taxes included the following components for the years ended December 31, 2023, 2022, and 2021 (in thousands):


	For the Years Ended December 31,
	2023		2022		2021
United States	$	97,212	$	105,450	$	(27,557	)
Foreign		391		267		(3,084	)
Income (loss) before income taxes	$	97,603	$	105,717	$	(30,641	)

Significant components of the provision (benefit) for income taxes from continuing operations for the years ended December 31, 2023, 2022, and 2021 are as follows (in thousands):


	For the Years Ended December 31,
	2023			2022			2021
Current:
Federal	$	—		$	—		$	—
State		1,097			488			90
Foreign		—			—			—
		1,097			488			90
Deferred:
Federal		(40,743	)		11,830			(166,706	)
State		(7,971	)		2,464			(20,614	)
Foreign		(458	)		(1,124	)		—
		(49,172	)		13,170			(187,320	)
Total	$	(48,075	)	$	13,658		$	(187,230	)

The provision (benefit) for income taxes from continuing operations differs from income taxes computed at the federal statutory tax rates for the years ended December 31, 2023, 2022, and 2021 as a result of the following items:


	For the Years Ended December 31,
	2023			2022			2021
Federal statutory rate		21.0	%		21.0	%		21.0	%
Effect of:
Change in valuation allowance		(74.5	)		(10.9	)		595.5
State income taxes-net of federal tax benefit		5.0			4.0			3.2
R&D credit		(1.2	)		(0.4	)		8.3
Nondeductible officer's compensation		1.2			0.1			(1.5	)
Excess tax benefits on stock-based compensation		(0.4	)		(2.0	)		(3.0	)
Loss on settlement of 2022 Convertible Notes		—			—			(12.9	)
Other		(0.4	)		1.1			0.4
Effective tax rate		(49.3	)%		12.9	%		611.0	%

Components of the net deferred income tax asset as of December 31, 2023 and 2022 are as follows (in thousands):


	December 31,			December 31,
	2023			2022
Deferred income tax assets:
Federal net operating loss (NOL)	$	93,610		$	118,043
State NOL		22,167			26,033
Foreign NOL		14,243			14,430
Interest carryforward		68,225			67,644
Operating lease liability		20,664			21,744
Other		56,538			50,335
Total deferred income tax assets		275,447			298,229
Deferred income tax liabilities:
Indefinite-lived intangible assets		(10,108	)		(9,138	)
Right-of-use asset		(17,495	)		(18,525	)
Interest rate cap valuation		(5,478	)		(10,213	)
Other		(127	)		(226	)
Total deferred income tax liabilities		(33,208	)		(38,102	)
Total deferred income tax		242,239			260,127
Valuation allowance		(25,601	)		(97,470	)
Net deferred income tax asset	$	216,638		$	162,657

We regularly assess the need for a valuation allowance related to our deferred income tax assets to determine, based on the weight of all available positive and negative evidence, whether it is more likely than not that some or all of such deferred assets will not be realized. In our assessments, the Company considers recent financial operating results, the scheduled expiration of our net operating losses, future taxable income, the reversal of existing taxable differences, and tax planning strategies. Based on our most recent assessment, for the year ended December 31, 2023, we released $72.8 million of the valuation allowance for the portion of our deferred income tax assets that we expect will ultimately be more likely than not to be realized. As of December 31, 2023, we can demonstrate an estimate of objectively verifiable future income based on the prior three years of pre-tax income from continuing operations. This estimate of future income, along with our assessment of the other available positive and negative evidence considered, supports the release of a portion of the valuation allowance. The remaining valuation allowance is still required for deferred tax assets related to certain state credits, foreign NOLs and capital loss carryforwards as it is more likely than not as of December 31, 2023 that these deferred tax assets will not be realized.

As of December 31, 2023, the federal net operating loss (“NOL”) carryforward, state NOL carryforward and Canadian NOL carryforward were approximately $446 million, $377 million, and $54 million, respectively. We have recorded a deferred tax asset of $93.6 million, $22.2 million, and $14.2 million for federal NOLs, state NOLs, and Canadian NOLs, respectively, reflecting the benefit of these loss carryforwards. Certain of the federal and state NOLs begin to expire in 2034 and 2024, respectively. The Canadian NOL carryforward begins to expire in 2033.

The interest carryforward arises from the Tax Cuts and Jobs Act and generally limits the interest expense deduction to 30% of income (loss) attributable to common stock before interest expense, interest income, income taxes and depreciation and amortization for tax years 2018 to 2021 and 30% of income (loss) attributable to common stock before interest expense, interest income and income taxes for 2022 and subsequent years. The interest carryforward will not expire as it may be carried forward indefinitely.

Uncertain Tax Positions - As of December 31, 2023, the total amount of gross unrecognized tax benefits was $1.9 million. As of December 31, 2022, the total amount of gross unrecognized tax benefits was $0.8 million.

The aggregate change in the balance of gross unrecognized tax benefits, which excludes interest and penalties for the years ended December 31, 2023 and 2022 is as follows (in thousands):


	For the Year Ended December 31,		For the Year Ended December 31,
	2023		2022
Beginning balances	$	799	$	—
Increases related to tax positions taken during a prior year		798		555
Decreases related to tax positions taken during a prior year		—		—
Increases related to tax positions taken during the current year		337		244
Decreases related to settlements with taxing authorities		—		—
Decreases related to expiration of the statute of limitations		—		—
Ending balances	$	1,934	$	799

We are subject to taxation and file income tax returns in the United States federal jurisdiction and many states and Canada. With few exceptions, as of December 31, 2023, we are no longer subject to U.S. federal, state, local or foreign examinations by tax authorities for years before 2020.

The total amount of unrecognized tax benefits that, if recognized, would reduce the Company’s effective tax rate is $1.2 million and $0.8 million as of December 31, 2023 and 2022, respectively. We record penalties and interest relating to uncertain tax positions in the income tax provision line item in the consolidated statement of operations. No penalties or interest related to uncertain tax positions were recorded for the years ended December 31, 2023, 2022 or 2021. We do not expect a change in the unrecognized tax benefits within the next 12 months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//740/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-21

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482526/740-270-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
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-Paragraph 17
-Subparagraph (b)
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Long-Term Debt and Other Liabilities - Additional Information (Detail)					1 Months Ended				3 Months Ended	12 Months Ended
	May 03, 2023 USD ($)	Dec. 11, 2019 USD ($) shares	May 07, 2019 USD ($)	Apr. 25, 2019 USD ($)	May 31, 2022 USD ($) shares	Apr. 30, 2021 USD ($) shares	Mar. 31, 2020 shares	Nov. 21, 2018 USD ($)	Mar. 31, 2021 USD ($) shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2021 USD ($)	Mar. 31, 2021 shares	Nov. 13, 2020 USD ($)	Aug. 26, 2019 USD ($)
Debt Instrument [Line Items]
Debt instrument, maturity date						Apr. 30, 2026
Amortization of deferred financing costs and interest rate caps										$ 2,385,000	$ 3,058,000	$ 4,661,000
Gain (Loss) on Extinguishment of Debt										(2,224,000)	0	(83,961,000)
Prepayment of net cash proceeds percentage						100.00%
Prepayment of net cash proceeds reduced percentage						50.00%
Prepayment of net cash proceeds maximum reduction percentage						0.00%
Prepayment of net cash proceeds of debt offerings percentage						100.00%
Retired shares under amended and restated forward transaction \| shares													600,000
Payment of senior debt										$ 48,100,000
Convertible Notes [Member]
Debt Instrument [Line Items]
Forward stock repurchase transaction shares, excluded from dilution effect \| shares										7,200,000
ABL Credit Facility [Member]
Debt Instrument [Line Items]
Debt issuance costs															$ 300,000
Line of credit facility, maximum borrowing capacity															$ 30,000,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Floor rate						0.00%
Debt instrument, maturity date						Apr. 30, 2028
Line of credit facility, maximum borrowing capacity						$ 100,000,000
margin fee										3.25%
Margin on LIBOR						an adjusted term SOFR rate (subject to a floor of 0.00%) plus an applicable margin ranging from 3.25% to 3.75% per annum depending on GIH’s senior secured first lien net leverage ratio and a credit spread adjustment recommended by the Alternative Reference Rates Committee of 0.11%, 0.26% or 0.43% per annum based on 1-month, 3-month or 6-month term SOFR, respectively or
Unused borrowing fee percentage										0.25%
Revolving Credit Facility [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Unused borrowing fee percentage						0.50%
Revolving Credit Facility [Member] \| Maximum [Member] \| London Interbank Offered Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						3.75%
Revolving Credit Facility [Member] \| Maximum [Member] \| Base Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						2.75%
Revolving Credit Facility [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Unused borrowing fee percentage						0.25%
Revolving Credit Facility [Member] \| Minimum [Member] \| London Interbank Offered Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						3.25%
Revolving Credit Facility [Member] \| Minimum [Member] \| Base Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						2.25%
Revolving Credit Facility [Member] \| One Month Term [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						0.11%
Revolving Credit Facility [Member] \| Three Month Term [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						0.26%
Revolving Credit Facility [Member] \| Six Month Term [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						0.43%
Term Loan and Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Floor rate						0.75%
Margin on LIBOR						an adjusted term SOFR rate (subject to a floor of 0.75%) plus an applicable margin of 3.75% and a credit spread adjustment recommended by the Alternative Reference Rates Committee of 0.11%, 0.26% or 0.43% per annum based on 1-month, 3-month or 6-month term SOFR, respectively or
Term Loan and Revolving Credit Facility [Member] \| London Interbank Offered Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						3.75%
Term Loan and Revolving Credit Facility [Member] \| Base Rate [Member]
Debt Instrument [Line Items]
Interest rate on debt						2.75%
2024 Senior Secured Notes [Member]
Debt Instrument [Line Items]
Aggregate principal amount				$ 905,000,000						$ 606,900,000	714,100,000
Interest rate				9.875%
Issue price as percentage of face value				99.512%
Total debt										604,800,000	711,300,000
Loan origination fees										19,700,000
Amortization of deferred financing costs and interest rate caps										2,400,000	2,600,000	1,800,000
Debt issuance costs										11,100,000	$ 15,300,000
Debt instrument redemption price, percentage											104.938%
Unamortized discount on debt										2,100,000	$ 2,800,000
2024 Senior Secured Notes [Member] \| May Two Thousand And Nineteen Additional Notes
Debt Instrument [Line Items]
Aggregate principal amount			$ 20,000,000
Issue price as percentage of face value			100.50%
2024 Senior Secured Notes [Member] \| November Two Thousand And Twenty Additional Notes
Debt Instrument [Line Items]
Aggregate principal amount														$ 50,000,000
Interest rate														103.50%
9.875% Senior secured Notes Due On 2024 [Member]
Debt Instrument [Line Items]
Loan origination fees										22,600,000
Amortization of deferred financing costs and interest rate caps												1,400,000
2022 Convertible Notes [Member]
Debt Instrument [Line Items]
Aggregate principal amount					$ 102,800,000
Issuance of common stock shares \| shares					17,131,332
2022 Convertible Notes [Member] \| Thorndale Farm Private Equity Fund 2, LLC [Member] \| Chief Executive Officer [Member]
Debt Instrument [Line Items]
Aggregate principal amount					$ 8,000,000
Issuance of common stock shares \| shares					1,333,333
6.00% Convertible Senior Notes [Member]
Debt Instrument [Line Items]
Aggregate principal amount								$ 237,800,000
Interest rate								6.00%
Amortization of deferred financing costs and interest rate caps											$ 400,000	1,400,000
Conversion of stock, amount converted									$ 135,000,000
Conversion of stock, shares issued \| shares									24,353,006
Conversion rate											166.6667
Principal amount											$ 1,000
Conversion price \| $ / shares											$ 6
6.00% Convertible Senior Notes [Member] \| Issuance Costs [Member]
Debt Instrument [Line Items]
Loan origination fees								$ 8,100,000
3.75% Convertible Senior Notes [Member]
Debt Instrument [Line Items]
Forward stock repurchase transactions amount		$ 140,000,000								$ 140,000,000
Forward stock repurchase transaction shares, excluded from dilution effect \| shares		2,100,000				1,500,000	5,100,000
3.75% Convertible Senior Notes [Member] \| Convertible Notes [Member]
Debt Instrument [Line Items]
Interest rate										3.75%
Line of Credit [Member]
Debt Instrument [Line Items]
Convertible notes, unamortized discount												1,300,000
Debt issuance costs												$ 15,200,000
Line of Credit Facility, Annual Principal Payment	$ 100,000,000
Gain (Loss) on Extinguishment of Debt										$ 2,200,000
Line of credit facility, maximum borrowing capacity						$ 725,000,000
Term loan discount rate						0.50%
Line of Credit [Member] \| Term Loan and Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Prepayment of annual excess cash flow, percentage						50.00%
Reduction in Prepayment of annual excess cash flow, percentage						25.00%
Maximum reduction in prepayment of annual excess cash flow, percentage						0.00%
Leverage ratio						7.5
Percentage of all commitments						35.00%

Intangible Assets

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

7. Intangible Assets

Our intangible assets are comprised of indefinite- and finite-lived intangible assets and goodwill. We own the rights to 3 MHz of ATG spectrum in the nationwide 800 MHz Commercial Air-Ground Radiotelephone band (the “3 MHz FCC License”), which is used in the operation of our ATG network, and the license for 1 MHz of ATG spectrum in the nationwide 800MHz Commercial Air-Ground Radiotelephone band (the “1 MHz FCC License”). Together we refer to the 3 MHz FCC License and the 1 MHz FCC License as the “FCC Licenses.” The FCC Licenses were originally issued with 10-year terms and we have renewed both licenses for subsequent 10-year terms. Such licenses are subject to further renewal by the FCC, and renewals of licenses held by others have occurred routinely and at nominal cost. Moreover, we have determined that there are currently no legal, regulatory, contractual, competitive, economic, or other factors that limit the useful life of the FCC Licenses. As a result, the FCC Licenses are treated as indefinite-lived intangible assets which we do not amortize. We reevaluate the useful life of the FCC Licenses each year to determine whether events and circumstances continue to support an indefinite useful life. Our annual impairment assessment of the FCC Licenses for 2023, 2022 and 2021 indicated no impairment.

Our software relates to the development of internal use software which is used to run our network and support our service offerings. Software also includes software embedded in the equipment that we sell to our customers.

Our goodwill balance was $0.6 million as of December 31, 2023 and 2022.

Our intangible assets, other than goodwill, as of December 31, 2023 and 2022 were as follows (in thousands, except for weighted average remaining useful life):


	Weighted
	Average		As of December 31, 2023							As of December 31, 2022
	Remaining		Gross					Net		Gross					Net
	Useful Life		Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
	(in years)		Amount		Amortization			Amount		Amount		Amortization			Amount
Amortized intangible assets:
Software		7.2	$	68,155	$	(45,910	)	$	22,245	$	59,932	$	(43,950	)	$	15,982
Other intangible assets		8.0		499		—			499		624		—			624
Service customer relationships				8,081		(8,081	)		—		8,081		(8,081	)		—
OEM and dealer relationships				6,724		(6,724	)		—		6,724		(6,724	)		—
Total amortized intangible assets				83,459		(60,715	)		22,744		75,361		(58,755	)		16,606
Unamortized intangible assets:
FCC Licenses				32,283		—			32,283		32,283		—			32,283
Total intangible assets			$	115,742	$	(60,715	)	$	55,027	$	107,644	$	(58,755	)	$	48,889

Amortization expense for the years ended December 31, 2023, 2022 and 2021 was $2.0 million, $4.7 million and $7.5 million, respectively.

Amortization expense for each of the next five years and thereafter is estimated to be as follows (in thousands):


	Amortization
Years ending December 31,	Expense
2024	$	1,401
2025	$	3,320
2026	$	3,250
2027	$	3,033
2028	$	2,879
Thereafter	$	8,861

Actual future amortization expense could differ from the estimated amount as the result of future investments and other factors.

Income Tax [Pending final tax entries] - (Loss) Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
United States	$ 97,212	$ 105,450	$ (27,557)
Foreign	391	267	(3,084)
Income (loss) from continuing operations before income taxes	$ 97,603	$ 105,717	$ (30,641)

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(11))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-Publisher FASB
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

Fair Value of Financial Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Summary of Fair Value and Carrying Value of Long-Term Debt

The fair value and carrying value of long-term debt as of December 31, 2023 and 2022 was as follows (in thousands):


	December 31, 2023					December 31, 2022
	Fair Value (1)		Carrying Value			Fair Value (1)		Carrying Value
Term Loan Facility	$	610,000	$	604,797	(2)	$	708,000	$	711,263	(2)

(1)

Fair value amounts are rounded to the nearest million.

(2)

Carrying value of the Term Loan Facility reflects the unaccreted debt discount of $2.1 million and $2.8 million, respectively, as of December 31, 2023 and 2022. See Note 8, “Long-Term Debt and Other Liabilities,” for further information.

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating activities from continuing operations:
Net income	$ 145,678	$ 92,059	$ 156,589
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	16,701	12,580	15,482
Loss on asset disposals, abandonments and write-downs	362	1,577	141
Provision for expected credit losses	1,233	1,047	284
Deferred income taxes	(49,172)	13,170	(187,320)
Stock-based compensation expense	21,288	19,065	13,345
Amortization of deferred financing costs and interest rate caps	3,894	3,215	4,661
Accretion of debt discount	403	456	419
Gain on sale of equity investment	(1,343)	0	0
Loss on extinguishment of debt and settlement of convertible notes	2,224	0	83,961
Changes in operating assets and liabilities:
Accounts receivable	4,833	(17,482)	1,925
Inventories	(13,694)	(15,517)	(5,862)
Prepaid expenses and other current assets	(49,891)	8,351	(20,844)
Contract assets	3,217	(2,164)	(5,638)
Accounts payable	3,658	(2,540)	3,806
Accrued liabilities	4,351	(12,031)	14,099
Deferred revenue	(2,411)	1,589	(1,282)
Accrued interest	(9,409)	3,647	(8,604)
Other non-current assets and liabilities	(2,952)	(3,617)	1,535
Net cash provided by (used in) operating activities	78,970	103,405	66,697
Investing activities from continuing operations:
Proceeds from sale of property and equipment	0	0	1,000
Purchases of property and equipment	(16,267)	(43,914)	(4,264)
Acquisition of intangible assets—capitalized software	(7,821)	(6,000)	(4,396)
Proceeds from FCC Reimbursement Program for property, equipment and intangibles	1,130	0	0
Proceeds from (purchase of) interest rate caps	26,675	4,292	(8,629)
Redemptions of short-term investments	74,179	0	0
Purchases of short-term investments	(49,383)	(24,796)	0
Purchase of equity investment	(5,000)	0	0
Proceeds from sale of equity investment	6,343	0	0
Net cash provided by (used in) investing activities	29,856	(70,418)	(16,289)
Financing activities from continuing operations:
Redemption of senior secured notes	0	0	(1,023,146)
Proceeds from term loan, net of discount	0	0	721,375
Payment of debt issuance costs	0	0	(21,103)
Repurchases of common stock	(4,822)	(18,375)	0
Payments on term loan	(107,250)	(7,250)	(3,625)
Payments on finance leases	(132)	(184)	(145)
Stock-based compensation activity	(8,230)	(2,579)	(4,393)
Net cash used in financing activities	(120,434)	(28,388)	(331,037)
Cash flows from discontinued operations:
Net cash used in operating activities	0	0	(1,211)
Net cash used in investing activities	0	0	(7,802)
Net cash used in financing activities	0	0	0
Net cash used in discontinued operations	0	0	(9,013)
Effect of foreign exchange rate changes on cash	94	13	40
Increase (decrease) in cash, cash equivalents and restricted cash	(11,514)	4,612	(289,602)
Cash, cash equivalents and restricted cash at beginning of period	150,880	146,268	435,870
Cash, cash equivalents and restricted cash at end of period	139,366	150,880	146,268
Less: current restricted cash	0	0	25
Less: non-current restricted cash	330	330	330
Cash and cash equivalents at end of period	139,036	150,550	145,913
Supplemental Cash Flow Information:
Cash paid for interest	68,145	41,209	71,114
Cash paid for taxes	1,004	377	376
Non-cash investing activities:
Purchases of property and equipment in current liabilities	$ 4,801	$ 10,688	$ 6,126

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ 145,678	$ 92,059	$ 152,735
Other comprehensive income (loss), net of tax
Currency translation adjustments	291	(265)	53
Cash flow hedges:
Amount recognized in other comprehensive income	4,579	34,765	2,747
Less: income (loss) realized and reclassified to earnings	19,202	6,161	(2)
Changes in fair value of cash flow hedges	(14,623)	28,604	2,749
Other comprehensive income (loss), net of tax	(14,332)	28,339	2,802
Comprehensive income	$ 131,346	$ 120,398	$ 155,537

Revenue Recognition - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) Customer	Dec. 31, 2022 USD ($) Customer	Dec. 31, 2021 Customer
Revenue From Contracts With Customers [Line Items]
Transaction price allocated to remaining performance obligations	$ 253.0
Equipment revenue	$ 19.0
Number of customers meeting concentration risk threshold \| Customer	0	0	0
Maximum [Member]
Revenue From Contracts With Customers [Line Items]
Revenue recognition term of contract	10 years
Minimum [Member]
Revenue From Contracts With Customers [Line Items]
Revenue recognition term of contract	2 years
Airline [Member] \| Customer Concentration Risk [Member] \| Revenue [Member]
Revenue From Contracts With Customers [Line Items]
Percentage of benchmark	10.00%	10.00%	10.00%
Contract assets, current and non-current	$ 16.6	$ 19.9
Airline [Member] \| Customer Concentration Risk [Member] \| Accounts Receivable [Member]
Revenue From Contracts With Customers [Line Items]
Percentage of benchmark	10.00%	10.00%
Accounting Standards Update 2014-09 [Member]
Revenue From Contracts With Customers [Line Items]
Deferred revenue, current and non-current	$ 1.0	$ 3.4
Connectivity and Entertainment Service Revenues [Member]
Revenue From Contracts With Customers [Line Items]
Transaction price allocated to remaining performance obligations	$ 234.0

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Allowances on accounts receivable	$ 2,091	$ 1,778
Other non-current assets, net of allowances	$ 591	$ 501
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	137,632,284	136,531,362
Common stock, shares outstanding	128,462,343	127,840,813

Revenue Recognition

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Revenue Recognition

. Revenue Recognition

Remaining Performance Obligations

As of December 31, 2023, the aggregate amount of the transaction price in our contracts allocated to the remaining unsatisfied performance obligations (“RPO”) was approximately $253 million and excludes consideration from contracts that have an original duration of one year or less. Approximately $234 million of the RPO primarily represents connectivity and entertainment service revenues which are recognized as services are provided which is expected to occur through the remaining term of the contracts. Our contracts vary in length and generally have terms of two to ten years. The remaining $19 million of the RPO represents future equipment revenue that is expected to be recognized primarily within the next three years.

Disaggregation of revenue

The following table presents our revenue disaggregated by category (in thousands):


	For the Year Ended December 31,
	2023		2022		2021
Service revenue
Connectivity	$	312,898	$	291,444	$	255,786
Entertainment and other		5,117		4,885		3,797
Total service revenue	$	318,015	$	296,329	$	259,583
Equipment revenue
ATG	$	64,585	$	91,152	$	61,780
Narrowband satellite		7,956		9,992		11,048
Other		7,021		6,594		3,305
Total equipment revenue	$	79,562	$	107,738	$	76,133
Customer type
Aircraft owner/operator/service provider	$	318,015	$	296,329	$	259,583
OEM and aftermarket dealer		79,562		107,738		76,133
Total revenue	$	397,577	$	404,067	$	335,716

Contract balances

Our current and non-current contract asset balances totaled $16.6 million and $19.9 million as of December 31, 2023 and 2022, respectively. Contract assets represent the aggregate amount of revenue recognized in excess of billings and recoverable contract costs primarily for certain sales programs.

Our current and non-current deferred revenue balances totaled $1.0 million and $3.4 million as of December 31, 2023 and 2022, respectively. Deferred revenue includes, among other things, prepayments for equipment and subscription connectivity products.

Major Customers

No customer accounted for more than 10% of total revenue for the years ended December 31, 2023, 2022 and 2021 and no customer accounted for more than 10% of accounts receivable as of December 31, 2023 or 2022.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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+ Details

Fair Value of Financial Assets and Liabilities

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Fair Value of Financial Assets and Liabilities

11. Fair Value of Financial Assets and Liabilities

A three-tier fair value hierarchy has been established which prioritizes the inputs used in measuring fair value. These tiers include:

•

Level 1 - defined as observable inputs such as quoted prices for identical assets or liabilities in active markets;

•

Level 2 - defined as observable inputs other than Level 1 inputs such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and

•

Level 3 - defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

Refer to Note 9, “Derivative Instruments and Hedging Activities,” for fair value information relating to our interest rate caps.

Long-Term Debt:

As of December 31, 2023 and 2022, our only financial asset and liability disclosed but not measured at fair value is the Term Loan Facility, which is reflected on the consolidated balance sheets at cost. The fair value measurement is classified as Level 2 within the fair value hierarchy since it is based on quoted market prices of our instrument in markets that are not active. We estimated the fair value of the Term Loan Facility by calculating the upfront cash payment a market participant would require to assume this obligation. The upfront cash payment used in the calculation of fair value on our consolidated balance sheets, excluding any issuance costs, is the amount that a market participant would be willing to lend at such date to an entity with a credit rating similar to ours and that would allow such an entity to achieve sufficient cash inflows to cover the scheduled cash outflows under the Term Loan Facility.

The fair value and carrying value of long-term debt as of December 31, 2023 and 2022 was as follows (in thousands):


	December 31, 2023					December 31, 2022
	Fair Value (1)		Carrying Value			Fair Value (1)		Carrying Value
Term Loan Facility	$	610,000	$	604,797	(2)	$	708,000	$	711,263	(2)

(1)

Fair value amounts are rounded to the nearest million.

(2)

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Composition of Certain Balance Sheet Accounts - Schedule of Accrued Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accrued Liabilities, Current [Abstract]
Employee compensation and benefits	$ 10,386	$ 19,235
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Total accrued liabilities	Total accrued liabilities	Total accrued liabilities	Total accrued liabilities
Operating leases	$ 10,284	$ 9,094
Customer credit reserve	6,027	1,958
Network equipment	4,533	8,748
Warranty reserve	3,420	2,300
Taxes	2,170	2,282
Accrued interest	469	9,878
Other	10,360	6,561
Total accrued liabilities	$ 47,649	$ 60,056

Discontinued Operations - Net Loss from Discontinued Operations (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Operating expenses:
General and administrative	$ 6,283
Total operating expenses	6,283
Operating loss	(6,283)
Other (income) expense:
Gain on sale of CA business	$ (1,598)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]	Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
Total other (income) expense:	$ (1,598)
Loss before income taxes	(4,685)
Income tax benefit	(831)
Net loss from discontinued operations, net of tax	$ (3,854)

Document And Entity Information - USD ($) $ in Thousands	12 Months Ended
Document And Entity Information - USD ($) $ in Thousands	Dec. 31, 2023	Feb. 23, 2024	Jun. 30, 2023
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Entity Interactive Data Current	Yes
Entity Central Index Key	0001537054
Document Fiscal Period Focus	FY
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Entity Registrant Name	Gogo Inc.
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Common Stock, Shares Outstanding		128,069,108
Entity Address, Country	CO
Document Transition Report	false
Document Annual Report	true
Entity File Number	001-35975
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-1650905
Entity Address, Address Line One	105 Edgeview Dr.,
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Broomfield
Entity Address, Postal Zip Code	80021
City Area Code	303
Local Phone Number	301-3271
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Financial Statement Error Correction [Flag]	false
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
ICFR Auditor Attestation Flag	true
Entity Public Float			$ 1,106,885,385
Documents Incorporated by Reference	Portions of the registrant’s definitive Proxy Statement for its Annual Meeting of Stockholders scheduled to be held June 4, 2024 are incorporated by reference into Part III of this Form 10-K. Such proxy statement will be filed with the Securities and Exchange Commission within 120 days of the registrant’s fiscal year ended December 31, 2023.
Auditor Firm ID	34
Auditor Name	Deloitte & Touche LLP
Auditor Location	Chicago, Illinois
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common stock, par value $0.0001 per share
Trading Symbol	GOGO
Security Exchange Name	NASDAQ
Preferred Stock
Document Information [Line Items]
Title of 12(b) Security	Preferred Stock Purchase Rights
Trading Symbol	GOGO
Security Exchange Name	NASDAQ

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Feb. 26, 2024
Supply and Product Support Agreement [Member]
Loss Contingencies [Line Items]
Additional Equipment with an estimated Aggregate Purchase Price	$ 102
Supply and Product Support Agreement [Member] \| Contractual Commitments [Member]
Loss Contingencies [Line Items]
Long-Term Purchase Commitment, Amount	$ 170
5G Supplier [Member] \| Subsequent Event [Member]
Loss Contingencies [Line Items]
Convertible notes		$ 5
Derivative Litigation [Member]
Loss Contingencies [Line Items]
Litigation filing date	September 25, 2018 and September 26, 2018
SmartSky Litigation [Member]
Loss Contingencies [Line Items]
Litigation filing date	February 28, 2022

Composition of Certain Balance Sheet Accounts - Schedule of Prepaid Expenses and Other Current Assets (Detail) - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Prepaid Expense and Other Assets [Abstract]

Interest rate caps and receivable

$ 23,227

$ 28,496

FCC reimbursement receivable

^[1]

18,274

Contract assets

^[1]

6,939

6,494

Prepaid inventories

2,606

2,901

Other

13,092

7,209

Total prepaid expenses and other current assets

$ 64,138

$ 45,100

[1]	See Note 4, “Government Assistance,” for additional information.

Composition of Certain Balance Sheet Accounts - Schedule of Changes in Non Current Asset Retirement Obligation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Asset Retirement Obligation Disclosure [Abstract]
Asset retirement obligation, Beginning Balance	$ 6,032	$ 4,861
Liabilities incurred	51	682
Liabilities settled	(2)	(43)
Accretion expense	558	553
Foreign exchange rate adjustments	10	(21)
Asset retirement obligation, Ending Balance	$ 6,649	$ 6,032

Income Tax (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Loss Before Income Taxes


	For the Years Ended December 31,
	2023		2022		2021
United States	$	97,212	$	105,450	$	(27,557	)
Foreign		391		267		(3,084	)
Income (loss) before income taxes	$	97,603	$	105,717	$	(30,641	)

Components of (Benefit) Provision for Income Taxes

Significant components of the provision (benefit) for income taxes from continuing operations for the years ended December 31, 2023, 2022, and 2021 are as follows (in thousands):


	For the Years Ended December 31,
	2023			2022			2021
Current:
Federal	$	—		$	—		$	—
State		1,097			488			90
Foreign		—			—			—
		1,097			488			90
Deferred:
Federal		(40,743	)		11,830			(166,706	)
State		(7,971	)		2,464			(20,614	)
Foreign		(458	)		(1,124	)		—
		(49,172	)		13,170			(187,320	)
Total	$	(48,075	)	$	13,658		$	(187,230	)

Income Tax Computed at Federal Statutory Tax Rates


	For the Years Ended December 31,
	2023			2022			2021
Federal statutory rate		21.0	%		21.0	%		21.0	%
Effect of:
Change in valuation allowance		(74.5	)		(10.9	)		595.5
State income taxes-net of federal tax benefit		5.0			4.0			3.2
R&D credit		(1.2	)		(0.4	)		8.3
Nondeductible officer's compensation		1.2			0.1			(1.5	)
Excess tax benefits on stock-based compensation		(0.4	)		(2.0	)		(3.0	)
Loss on settlement of 2022 Convertible Notes		—			—			(12.9	)
Other		(0.4	)		1.1			0.4
Effective tax rate		(49.3	)%		12.9	%		611.0	%

Components of Deferred Income Tax Assets and Liabilities

Components of the net deferred income tax asset as of December 31, 2023 and 2022 are as follows (in thousands):


	December 31,			December 31,
	2023			2022
Deferred income tax assets:
Federal net operating loss (NOL)	$	93,610		$	118,043
State NOL		22,167			26,033
Foreign NOL		14,243			14,430
Interest carryforward		68,225			67,644
Operating lease liability		20,664			21,744
Other		56,538			50,335
Total deferred income tax assets		275,447			298,229
Deferred income tax liabilities:
Indefinite-lived intangible assets		(10,108	)		(9,138	)
Right-of-use asset		(17,495	)		(18,525	)
Interest rate cap valuation		(5,478	)		(10,213	)
Other		(127	)		(226	)
Total deferred income tax liabilities		(33,208	)		(38,102	)
Total deferred income tax		242,239			260,127
Valuation allowance		(25,601	)		(97,470	)
Net deferred income tax asset	$	216,638		$	162,657

Schedule Of Change In The Balance Of Gross Unrecognized Tax Benefits

The aggregate change in the balance of gross unrecognized tax benefits, which excludes interest and penalties for the years ended December 31, 2023 and 2022 is as follows (in thousands):


	For the Year Ended December 31,		For the Year Ended December 31,
	2023		2022
Beginning balances	$	799	$	—
Increases related to tax positions taken during a prior year		798		555
Decreases related to tax positions taken during a prior year		—		—
Increases related to tax positions taken during the current year		337		244
Decreases related to settlements with taxing authorities		—		—
Decreases related to expiration of the statute of limitations		—		—
Ending balances	$	1,934	$	799

Derivative Instruments and Hedging Activities - Schedule of Fair Value of Interest Rate Derivates (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest Rate Cap Current
Derivatives, Fair Value [Line Items]
Derivative Asset	$ 18,801	$ 24,459
Interest Rate Cap Non Current
Derivatives, Fair Value [Line Items]
Derivative Asset	$ 10,295	$ 25,578
Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets, Current	Prepaid Expense and Other Assets, Current
Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets, Noncurrent	Other Assets, Noncurrent

- Definition

Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References

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+ Details

Stock-Based Compensation and 401(k) Plan - Schedule of Weighted Average Assumptions Used and Weighted Average Grant Date Fair Value of Stock Options (Detail)	12 Months Ended
	Dec. 31, 2021 $ / shares
Employee Stock Option
Schedule Of Weighted Average Assumptions For Fair Values Of Stock Options [Line Items]
Approximate risk-free interest rate	1.00%
Average expected life (years)	5 years 6 months
Volatility	77.00%
Weighted average grant date fair value of stock options granted	$ 9.66
Common Stock
Schedule Of Weighted Average Assumptions For Fair Values Of Stock Options [Line Items]
Weighted average grant date fair value of stock options granted	$ 6.22

Summary of Significant Accounting policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Depreciation of Property and Equipment Estimated Useful Lives

Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives for owned assets, which are as follows:


Office equipment, furniture, fixtures and other	3-5 years
Leasehold improvements	7-13 years
Network equipment	5-25 years

Finite Lived Intangible Asset Useful Life

Intangible assets that are deemed to have a finite life are amortized over their useful lives as follows:


Software	3-8 years
OEM and dealer relationships	10 years
Service customer relationships	5-7 years
Other intangible assets	8 years

Condensed Financial Information of Registrant - Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands		12 Months Ended
	Sep. 05, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Cash Flow Statements, Captions [Line Items]
Net Income (Loss)		$ 145,678	$ 92,059	$ 152,735
Amortization of deferred financing costs		2,385	3,058	4,661
Loss on extinguishment of debt and settlement of convertible notes		2,224	0	83,961
Deferred income taxes		(49,172)	13,170	(187,320)
Gain On Sale Of Equity Investment		1,343	0	0
Net cash provided by (used in) operating activities		78,970	103,405	66,697
Proceeds from sale of equity investment		(6,343)	0	0
Net cash provided by (used in) investing activities		29,856	(70,418)	(16,289)
Financing activities:
Repurchases of common stock	$ 4,800	4,822	18,375	0
Stock-based compensation activity		(8,230)	(2,579)	(4,393)
Payment of debt issuance costs		0	0	(21,103)
Net cash used in financing activities		(120,434)	(28,388)	(331,037)
Cash, cash equivalents and restricted cash at beginning of period		150,880	146,268	435,870
Cash, cash equivalents and restricted cash at end of period		139,366	150,880	146,268
Less: current restricted cash		0	0	25
Less: non-current restricted cash		330	330	330
Cash and cash equivalents at end of period		139,036	150,550	145,913
Parent Company [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Income (Loss)		145,678	92,059	152,735
Amortization of deferred financing costs		0	418	1,387
Loss on extinguishment of debt and settlement of convertible notes		0	0	18,948
Subsidiary equity (gains) losses		(94,979)	(108,033)	6,053
Deferred income taxes		(49,172)	13,170	(187,220)
Gain On Sale Of Equity Investment		(1,343)	0	0
Other operating activities		2	(627)	1,819
Net cash provided by (used in) operating activities		186	(3,013)	(6,278)
Investments and advances with subsidiaries		(8,365)	6,047	11,552
Purchase of equity investment		(5,000)	0	0
Proceeds from sale of equity investment		6,343	0	0
Net cash provided by (used in) investing activities		(7,022)	6,047	11,552
Financing activities:
Repurchases of common stock		(4,822)	(18,375)	0
Stock-based compensation activity		(8,230)	(2,579)	(5,245)
Net cash used in financing activities		(13,052)	(20,954)	(5,245)
Increase (decrease) in cash, cash equivalents and restricted cash		(19,888)	(17,920)	29
Cash, cash equivalents and restricted cash at beginning of period		37,174	55,094	55,065
Cash, cash equivalents and restricted cash at end of period		17,286	37,174	55,094
Less: current restricted cash		0	0	25
Less: non-current restricted cash		0	0	0
Cash and cash equivalents at end of period		$ 17,286	$ 37,174	$ 55,069

Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts Strike Rates and End Dates of the Cap Agreements

The notional amounts, strike rates and end dates of the cap agreements are as follows (notional amounts in thousands):


Start Date	End Date	Notional Amounts		Strike Rate
7/31/2021	7/30/2023	$	650,000		0.75	%
7/31/2023	7/30/2024		525,000		0.75	%
7/31/2024	7/30/2025		350,000		1.25	%
7/31/2025	7/30/2026		250,000		2.25	%
7/31/2026	7/30/2027		200,000		2.75	%

Schedule of Derivative Assets at Fair Value

The following table presents the fair value of our interest rate derivatives included in the consolidated balance sheets for the periods presented (in thousands):


		December 31,
Derivatives designated as hedging instruments	Balance sheet location	2023		2022
Current portion of interest rate caps	Prepaid expenses and other current assets	$	18,801	$	24,459
Non-current portion of interest rate caps	Other non-current assets	$	10,295	$	25,578

Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2023

AOCI Attributable to Parent [Abstract]

Summary of changes in accumulated other comprehensive income (loss)

The following is a summary of changes in accumulated other comprehensive income (loss) by component (in thousands):


				Change in
	Currency			Fair Value of
	Translation			Cash Flow
	Adjustment			Hedge			Total
Balance at January 1, 2021	$	(1,013	)	$	—		$	(1,013	)
Other comprehensive income before reclassifications		53			2,747			2,800
Less: loss realized and reclassified to earnings		—			(2	)		(2	)
Net current period comprehensive income		53			2,749			2,802
Balance at December 31, 2021	$	(960	)	$	2,749		$	1,789
Other comprehensive income (loss) before reclassifications		(265	)		34,765			34,500
Less: income realized and reclassified to earnings		—			6,161			6,161
Net current period comprehensive income		(265	)		28,604			28,339
Balance at December 31, 2022	$	(1,225	)		31,353		$	30,128
Other comprehensive income before reclassifications		291			4,579			4,870
Less: income realized and reclassified to earnings		—			19,202			19,202
Net current period comprehensive income (loss)		291			(14,623	)		(14,332	)
Balance at December 31, 2023	$	(934	)	$	16,730		$	15,796

Quarterly Data (Unaudited) - Summarized Quarterly Financial Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]
Total revenue	$ 397,577	$ 404,067	$ 335,716
Operating income	124,165	142,326	120,626
Net income (loss) from continuing operations	145,678	92,059	156,589
Net loss from discontinued operations, net of tax	0	0	(3,854)
Net Income (Loss)	$ 145,678	$ 92,059	$ 152,735
Net income (loss) attributable to common stock per share - basic:
Net loss from continuing operations Basic	$ 1.12	$ 0.75	$ 1.5
Basic Loss per share from Discontinued Operations	0	0	(0.04)
Net income attributable to common stock per share - basic	1.12	0.75	1.46
Net income attributable to common stock per share - diluted:
Continuing operations	1.09	0.71	1.28
Diluted loss per share from Discontinued Operations	0	0	0
Net income attributable to common stock per share - diluted	$ 1.09	$ 0.71	$ 1.28

Inventories (Tables)

12 Months Ended

Dec. 31, 2023

Inventory Disclosure [Abstract]

Components of Inventories

Inventories as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Work-in-process component parts	$	34,692	$	34,840
Finished goods		28,495		14,653
Total inventory(1)	$	63,187	$	49,493

(1)

See Note 4, “Government Assistance,” for additional information.

Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2023

Summarizes the Results of Discontinued Operations


	For the Year Ended December 31,
	2021
Operating expenses:
General and administrative		6,283
Total operating expenses		6,283
Operating loss		(6,283	)
Other income:
Gain on sale of CA business		(1,598	)
Total other income:		(1,598	)
Loss before income taxes		(4,685	)
Income tax benefit		(831	)
Net loss from discontinued operations, net of tax	$	(3,854	)

Summary of Stock-Based Compensation Expense by Operating Expense Excluding Discontinued Operations

The following is a summary of our stock-based compensation expense included in the consolidated statements of operations, excluding the stock-based compensation expense for discontinued operations, for the years December 31, 2023, 2022 and 2021 (in thousands):


	For the Years Ended December 31,
	2023		2022		2021
Cost of service revenue	$	1,701	$	1,073	$	472
Cost of equipment revenue		1,363		1,022		523
Engineering, design and development		3,569		2,532		1,358
Sales and marketing		3,678		2,628		1,615
General and administrative		10,977		11,810		9,377
Total stock-based compensation expense	$	21,288	$	19,065	$	13,345

Discontinued Operations

Summary of Stock-Based Compensation Expense by Operating Expense Excluding Discontinued Operations


	2023		2022		2021
Cost of service revenue	$	—	$	—	$	—
Cost of equipment revenue		—		—		—
Engineering, design and development		—		—		—
Sales and marketing		—		—		—
General and administrative		—		—		4,817
Total stock-based compensation expense	$	—	$	—	$	4,817

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

Government Assistance - Schedule of Increases to Net income in our Unaudited Condensed Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Utilities Operating Expense [Abstract]
General and Administrative Expense	$ 57,280	$ 58,203	$ 51,554
FCC Reimbursement Program [Member]
Revenue Recognition and Deferred Revenue [Abstract]
Service Revenue	825
Utilities Operating Expense [Abstract]
Cost of Service Revenue	720
Cost Of Equipment Revenue	3,931
General and Administrative Expense	$ 257

Long-Term Debt and Other Liabilities

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Long-Term Debt and Other Liabilities

8. Long-Term Debt and Other Liabilities

Long-term debt as of December 31, 2023 and 2022 was as follows (in thousands):


	December 31,			December 31,
	2023			2022
Term Loan Facility	$	604,797		$	711,263
Less: deferred financing costs		(10,046	)		(13,840	)
Less: current portion of long-term debt		(7,250	)		(7,250	)
Total long-term debt	$	587,501		$	690,173

2021 Credit Agreement

On April 30, 2021, Gogo and Gogo Intermediate Holdings LLC (“GIH”) (a wholly owned subsidiary of Gogo) entered into a credit agreement (the “Original 2021 Credit Agreement,” and, as it may be amended, supplemented or otherwise modified from time to time, the “2021 Credit Agreement”) among Gogo, GIH, the lenders and issuing banks party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent, which provides for (i) a term loan credit facility (the “Term Loan Facility”) in an aggregate principal amount of $725.0 million, issued with a discount of 0.5%, and (ii) a revolving credit facility (the “Revolving Facility” and together with the Term Loan Facility, the “Facilities”) of up to $100.0 million, which includes a letter of credit sub-facility.

On February 2, 2023, Gogo and GIH entered into an amendment to the Original 2021 Credit Agreement with Morgan Stanley Senior Funding, Inc., as administrative agent, which replaced all references in the Original 2021 Credit Agreement to LIBOR in respect of the applicable interest rates for the Facilities with an adjusted term secured overnight financing rate as administered by the Federal Reserve Bank of New York (“SOFR”), plus a credit spread adjustment recommended by the Alternative Reference Rates Committee. We elected to apply the optional expedient within ASC 848, Facilitation of the Effects of Reference Rate Reform on Financial Reporting, to conclude that this modification was not substantial and did not have a material impact to our consolidated financial statements.

The Term Loan Facility amortizes in nominal quarterly installments equal to one percent of the aggregate initial principal amount thereof per annum, with the remaining balance payable upon final maturity of the Term Loan Facility on April 30, 2028. There are no amortization payments under the Revolving Facility, and all borrowings under the Revolving Facility mature on April 30, 2026.

The Term Loan Facility bears annual interest at a floating rate measured by reference to, at GIH’s option, either (i) an adjusted term SOFR rate (subject to a floor of 0.75%) plus an applicable margin of 3.75% and a credit spread adjustment recommended by the Alternative Reference Rates Committee of 0.11%, 0.26% or 0.43% per annum based on 1-month, 3-month or 6-month term SOFR, respectively or (ii) an alternate base rate plus an applicable margin of 2.75%.

Loans outstanding under the Revolving Facility bear annual interest at a floating rate measured by reference to, at GIH’s option, either (i) an adjusted term SOFR rate (subject to a floor of 0.00%) plus an applicable margin ranging from 3.25% to 3.75% per annum depending on GIH’s senior secured first lien net leverage ratio and a credit spread adjustment recommended by the Alternative Reference Rates Committee of 0.11%, 0.26% or 0.43% per annum based on 1-month, 3-month or 6-month term SOFR, respectively or (ii) an alternate base rate plus an applicable margin ranging from 2.25% to 2.75% per annum depending on GIH’s senior secured first lien net leverage ratio. Additionally, unused commitments under the Revolving Facility are subject to a fee ranging from 0.25% to 0.50% per annum depending on GIH’s senior secured first lien net leverage ratio. As of December 31, 2023, the fee for the unused commitments under the Revolving Facility was 0.25% and the applicable margin was 3.25%.

The Facilities may be prepaid at GIH’s option at any time without premium or penalty (other than customary breakage costs), subject to minimum principal payment amount requirements. On May 3, 2023, the Company prepaid $100 million of the outstanding principal amount of the Term Loan Facility. As a result, we wrote off $2.2 million of the deferred financing costs and unaccreted debt discount, which are included in Loss on extinguishment of debt and settlement of convertible notes in our Consolidated Statements of Operations for the year ended December 31, 2023.

Subject to certain exceptions and de minimis thresholds, the Term Loan Facility is subject to mandatory prepayments in an amount equal to:

•

100% of the net cash proceeds of certain asset sales, insurance recovery and condemnation events, subject to reduction to 50% and 0% if specified senior secured first lien net leverage ratio targets are met;

•

100% of the net cash proceeds of certain debt offerings; and

•

50% of annual excess cash flow (as defined in the 2021 Credit Agreement), subject to reduction to 25% and 0% if specified senior secured first lien net leverage ratio targets are met.

The 2021 Credit Agreement contains customary representations and warranties and customary affirmative and negative covenants. The negative covenants include restrictions on, among other things: incurrence of indebtedness or issuance of disqualified equity interests; incurrence or existence of liens; consolidations or mergers; activities of Gogo and any subsidiary holding a license issued by the FCC; investments, loans, advances, guarantees or acquisitions; asset sales; dividends or other distributions on equity; purchase, redemption or retirement of capital stock; payment or redemption of certain junior indebtedness; entry into other agreements that restrict the ability to incur liens securing the Facilities; and amendment of organizational documents; in each case subject to customary exceptions.

The Revolving Facility includes a financial covenant set at a maximum senior secured first lien net leverage ratio of 7.50:1.00, which will apply if the outstanding amount of loans and unreimbursed letter of credit drawings thereunder at the end of any fiscal quarter exceeds 35% of the aggregate of all commitments thereunder.

The 2021 Credit Agreement contains customary events of default, which, if any of them occurred, would permit or require the principal, premium, if any, and interest on all of the then outstanding obligations under the Facilities to be due and payable immediately and the commitments under the Revolving Facility to be terminated.

As of December 31, 2023 and 2022, the outstanding principal amount of the Term Loan Facility was $606.9 million and $714.1 million, respectively, the unaccreted debt discount was $2.1 million and $2.8 million, respectively, and the net carrying amount was $604.8 million and $711.3 million, respectively.

We paid approximately $19.7 million of loan origination and financing costs related to the Facilities which are being accounted for as deferred financing costs on our consolidated balance sheets and are amortized over the terms of the Facilities. Total amortization expense was $2.4 million, $2.6 million and $1.8 million, respectively, for the years ended December 31, 2023, 2022 and 2021 and is included in Interest expense in our consolidated statements of operations. As of December 31, 2023 and 2022, the balance of unamortized deferred financing costs related to the Facilities was $11.1 million and $15.3 million, respectively.

On April 30, 2021, Gogo, GIH, and each direct and indirect wholly-owned U.S. restricted subsidiary of GIH (Gogo and such subsidiaries collectively, the “Guarantors”) entered into a guarantee agreement (the “Guarantee Agreement”) in favor of Morgan Stanley Senior Funding, Inc., as collateral agent (the “Collateral Agent”), whereby GIH and the Guarantors guarantee the obligations under the Facilities and certain other secured obligations as set forth in the Guarantee Agreement, and GIH and the Guarantors entered into a collateral agreement (the “Collateral Agreement”), in favor of the Collateral Agent, whereby GIH and the Guarantors grant a security interest in substantially all of their respective tangible and intangible assets (including the equity interests in each direct material wholly-owned U.S. restricted subsidiary owned by GIH or any Guarantor, and 65% of the equity interests in any non-U.S. subsidiary held directly by GIH or any Guarantor), subject to certain exceptions, to secure the obligations under the Facilities and certain other secured obligations as set forth in the Collateral Agreement.

2022 Convertible Notes

In 2018, we issued $237.8 million aggregate principal amount of 6.00% Convertible Senior Notes due 2022 (the “2022 Convertible Notes”) in private offerings to qualified institutional buyers, including pursuant to Rule 144A under the Securities Act, and in concurrent private placements.

In 2021, $135.0 million aggregate principal amount of 2022 Convertible Notes was converted by holders and settled through the issuance of 24,353,006 shares of common stock.

In May 2022, the remaining $102.8 aggregate principal amount of 2022 Convertible Notes was converted by holders into 17,131,332 shares of common stock. Thorndale Farm Private Equity Fund 2, LLC, an entity affiliated with our Chair of the Board and

Chief Executive Officer, held $8.0 aggregate principal amount of 2022 Convertible Notes that was converted into 1,333,333 shares of common stock.

We incurred approximately $8.1 million of issuance costs related to the issuance of the 2022 Convertible Notes that were amortized over the term of the 2022 Convertible Notes using the effective interest method. Total amortization expense was $0.4 million and, $1.4 million, respectively, for the years ended December 31, 2022 and 2021 and is included in Interest expense in the consolidated statements of operations. See Note 10, “Interest Costs,” for additional information.

The 2022 Convertible Notes had an initial conversion rate of 166.6667 common shares per $1,000 principal amount of 2022 Convertible Notes, which was equivalent to an initial conversion price of approximately $6.00 per share of our common stock. Prior to conversion, the shares of common stock subject to conversion were considered in the diluted earnings per share calculations under the if-converted method if their impact was dilutive.

Forward Transactions

In connection with the issuance of our 3.75% Convertible Senior Notes due 2020 (the “2020 Convertible Notes”), we paid approximately $140.0 million to enter into prepaid forward stock repurchase transactions (the “Forward Transactions”) with certain financial institutions (the “Forward Counterparties”), pursuant to which we purchased approximately 7.2 million shares of common stock for settlement on or around the March 1, 2020 maturity date for the 2020 Convertible Notes, subject to the ability of each Forward Counterparty to elect to settle all or a portion of its Forward Transactions early.

On December 11, 2019, we entered into an amendment to one of the Forward Transactions (the “Amended and Restated Forward Transaction”) to extend the expected settlement date with respect to approximately 2.1 million shares of common stock held by one of the Forward Counterparties, JPMorgan Chase Bank, National Association (the “2022 Forward Counterparty”), to correspond with the May 15, 2022 maturity date for the 2022 Convertible Notes. As a result of the Forward Transactions, total shareholders’ equity within our consolidated balance sheets was reduced by approximately $140.0 million. In March 2020, approximately 5.1 million shares of common stock were delivered to us in connection with the Forward Transactions. In April 2021, approximately 1.5 million shares of common stock were delivered to us in connection with the Amended and Restated Forward Transaction. In May 2022, the approximately 0.6 million shares that were remaining under the Amended and Restated Forward Transaction were delivered to us. There are no longer any additional prepaid forward stock repurchase transactions outstanding.

2024 Senior Secured Notes

On April 25, 2019, GIH and Gogo Finance Co. Inc. (a wholly owned subsidiary of GIH) (“Gogo Finance” and, together with GIH, the “Issuers”) issued $905.0 million aggregate principal amount of 9.875% senior secured notes due 2024 (the “2024 Senior Secured Notes”), at a price equal to 99.512% of their face value, under an indenture, dated as of April 25, 2019, among the Issuers, Gogo, the subsidiary guarantors party thereto and U.S. Bank National Association, as trustee.

On May 7, 2019, the Issuers issued an additional $20.0 million of 2024 Senior Secured notes, which were issued at a price equal to 100.5% of their face value, and $50.0 million of 2024 Senior Secured Notes on November 13, 2020, which were issued at a price equal to 103.5% of their face value.

The 2024 Senior Secured Notes were guaranteed on a senior secured basis by Gogo and all of GIH’s existing and future restricted subsidiaries (other than Gogo Finance), subject to certain exceptions. The 2024 Senior Secured Notes and the related guarantees were secured by certain liens on the Company’s collateral, which were released upon the closing of the Transaction.

We paid approximately $22.6 million of origination fees and financing costs related to the issuance of the 2024 Senior Secured Notes, which were accounted for as deferred financing costs on our consolidated balance sheets and were being amortized over the contractual term of the 2024 Senior Secured Notes using the effective interest method. Total amortization expense was $1.4 million for the year ended December 31, 2021. Amortization expense is included in Interest expense in the consolidated statements of operations.

The 2024 Senior Secured Notes were redeemed on May 1, 2021 (the “Redemption Date”) at a redemption price equal to 104.938% of the principal amount of the 2024 Senior Secured Notes redeemed, plus accrued and unpaid interest to (but not including) the Redemption Date. The make-whole premium paid in connection with the redemption was $48.1 million. We wrote off the remaining unamortized deferred financing costs of $15.2 million and the remaining debt discount of $1.3 million, which together are included in Loss on extinguishment of debt and settlement of convertible notes in our consolidated statements of operations for the year ended December 31, 2021.

ABL Credit Facility

On August 26, 2019, Gogo, GIH and Gogo Finance entered into a credit agreement (the “ABL Credit Agreement”) with the other loan parties party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Morgan Stanley

Senior Funding, Inc., as syndication agent, which provided for an asset-based revolving credit facility (the “ABL Credit Facility”) of up to $30.0 million, subject to borrowing base availability, and includes letter of credit and swingline sub-facilities. The obligations under the ABL Credit Agreement were guaranteed by Gogo and all of its existing and future subsidiaries, subject to certain exceptions and secured by collateral of the Company. On April 30, 2021, the ABL Credit Agreement and all commitments thereunder were terminated. As a result of the termination, the remaining unamortized deferred financing costs of $0.3 million were written off as of May 1, 2021 and included in Loss on extinguishment of debt and settlement of convertible notes in our consolidated statements of operations for the year ended December 31, 2021.

Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share


	For the Years Ended December 31,
	2023						2022						2021
	Income (Numerator)		Shares (Denominator)		Per Share Amount		Income (Numerator)		Shares (Denominator)		Per Share Amount		Income (Numerator)			Shares (Denominator)		Per Share Amount
Net income from continuing operations	$	145,678					$	92,059					$	156,589
Less: Participation rights on Forward Transactions allocated to continuing operations		—						171						1,484

Basic Earnings Per Share from Continuing Operations
Undistributed income from continuing operations	$	145,678		129,753	$	1.12	$	91,888		123,268	$	0.75	$	155,105			103,400	$	1.50

Effect of Dilutive Securities from Continuing Operations
Stock-based compensation		—		3,530				—		4,881				—			6,674
2022 Convertible Notes		—		—				2,770		5,774				7,221			17,131

Diluted Earnings Per Share from Continuing Operations
Undistributed income from continuing operations and assumed conversions	$	145,678		133,283	$	1.09	$	94,658		133,923	$	0.71	$	162,326			127,205	$	1.28

Net loss from discontinued operations	$	—					$	—					$	(3,854	)
Less: Participation rights on Forward Transactions allocated to discontinued operations		—						—						(36	)

Basic Loss Per Share from Discontinued Operations
Undistributed loss from discontinued operations	$	—		129,753	$	—	$	—		123,268	$	—	$	(3,818	)		103,400	$	(0.04	)

Effect of Dilutive Securities from Discontinued Operations
Stock-based compensation		—		3,530				—		4,881				3,615			6,674
2022 Convertible Notes		—		—				—		5,774				—			17,131

Diluted Loss Per Share from Discontinued Operations
Undistributed loss from discontinued operations and assumed conversions	$	—		133,283	$	—	$	—		133,923	$	—	$	(203	)		127,205	$	—

Earnings per share - basic					$	1.12					$	0.75						$	1.46
Earnings per share - diluted					$	1.09					$	0.71						$	1.28

Inventories - Components of Inventories (Detail) - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Inventory Disclosure [Abstract]

Work-in-process component parts

$ 34,692

$ 34,840

Finished goods

28,495

14,653

Total inventory

^[1]

$ 63,187

$ 49,493

[1]	See Note 4, “Government Assistance,” for additional information.

Common Stock and Preferred Stock - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Sep. 05, 2023	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Common stock, par value			$ 0.0001	$ 0.0001
Common stock, shares authorized			500,000,000	500,000,000
Preferred stock share authorized			100,000,000
Preferred stock par value per share			$ 0.01
Preferred stock share issued			0
Amount for authority to repurchase of stock	$ 50,000
Payments for Repurchase of Common Stock	$ 4,800		$ 4,822	$ 18,375	$ 0
Payments For Repurchase Of Common Stock, Shares	500,000
Private Transaction [Member]
Restructuring Cost and Reserve [Line Items]
Payments for Repurchase of Common Stock		$ 18,300
Payments For Repurchase Of Common Stock, Shares		1,500,000
Computershare Trust Company
Restructuring Cost and Reserve [Line Items]
Business acquisition			The Rights Agreement was intended to reduce the likelihood of an ownership change under Section 382 of the Internal Revenue Code of 1986, as amended, by deterring any person or group from acquiring beneficial ownership of 4.9% or more of the shares of the Company’s common stock then-outstanding

Composition of Certain Balance Sheet Accounts

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Composition of Certain Balance Sheet Accounts

. Composition of Certain Balance Sheet Accounts

Inventories as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Work-in-process component parts	$	34,692	$	34,840
Finished goods		28,495		14,653
Total inventory(1)	$	63,187	$	49,493

(1)

See Note 4, “Government Assistance,” for additional information.

As a result of our determination to participate in the FCC Reimbursement Program (as defined and described in Note 1, “Summary of Significant Accounting Policies”), the Company wrote down the net realizable value of certain inventory by approximately $1.3 million for the year ended December 31, 2023. The write-off charge is included in Cost of equipment revenue in our Consolidated Statements of Operations.

Prepaid expenses and other current assets as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Interest rate caps and receivable	$	23,227	$	28,496
FCC reimbursement receivable(1)		18,274		—
Contract assets(1)		6,939		6,494
Prepaid inventories		2,606		2,901
Other		13,092		7,209
Total prepaid expenses and other current assets	$	64,138	$	45,100

(1)

See Note 4, “Government Assistance,” for additional information.

Property and equipment as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023			2022
Office equipment, furniture, fixtures and other	$	19,153		$	17,242
Leasehold improvements		16,132			15,357
Network equipment(1)		184,176			179,363
		219,461			211,962
Accumulated depreciation		(121,332	)		(107,367	)
Property and equipment, net	$	98,129		$	104,595

(1)

See Note 4, “Government Assistance,” for additional information.

Other non-current assets as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Interest rate caps	$	10,295	$	25,578
Contract assets, net of allowances of $591 and $501, respectively(1)		9,625		13,376
Revolving credit facility deferred financing costs		1,011		1,445
Other		5,048		2,956
Total other non-current assets	$	25,979	$	43,355

(1)

See Note 4, “Government Assistance,” for additional information.

Accrued liabilities as of December 31, 2023 and 2022 were as follows (in thousands):


	December 31,
	2023		2022
Employee compensation and benefits	$	10,386	$	19,235
Operating leases		10,284		9,094
Customer credit reserve		6,027		1,958
Network equipment		4,533		8,748
Warranty reserve		3,420		2,300
Taxes		2,170		2,282
Accrued interest		469		9,878
Other		10,360		6,561
Total accrued liabilities	$	47,649	$	60,056


	Asset
	Retirement
	Obligation
Balance – January 1, 2022	$	4,861
Liabilities incurred		682
Liabilities settled		(43	)
Accretion expense		553
Foreign exchange rate adjustments		(21	)
Balance – December 31, 2022		6,032
Liabilities incurred		51
Liabilities settled		(2	)
Accretion expense		558
Foreign exchange rate adjustments		10
Balance – December 31, 2023	$	6,649

Intangible Assets - Schedule of Intangible Assets, Other than Goodwill (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Intangible Assets Net Excluding Goodwill [Line Items]
Finite lived intangible asset useful life	8 years
Amortized intangible assets, Gross Carrying Amount	$ 83,459	$ 75,361
Amortized intangible assets, Accumulated Amortization	(60,715)	(58,755)
Amortized intangible assets, Net Carrying Amount	22,744	16,606
Total intangible assets, Gross Carrying amount	115,742	107,644
Total intangible assets, Net Carrying Amount	55,027	48,889
FCC Licenses [Member]
Intangible Assets Net Excluding Goodwill [Line Items]
Total unamortized intangible assets, Gross Carrying Amount	32,283	32,283
Total unamortized intangible assets, Net Carrying Amount	$ 32,283	32,283
Software [Member]
Intangible Assets Net Excluding Goodwill [Line Items]
Finite lived intangible asset useful life	7 years 2 months 12 days
Amortized intangible assets, Gross Carrying Amount	$ 68,155	59,932
Amortized intangible assets, Accumulated Amortization	(45,910)	(43,950)
Amortized intangible assets, Net Carrying Amount	$ 22,245	15,982
Other Intangible Assets [Member]
Intangible Assets Net Excluding Goodwill [Line Items]
Finite lived intangible asset useful life	8 years
Amortized intangible assets, Gross Carrying Amount	$ 499	624
Amortized intangible assets, Net Carrying Amount	499	624
Service Customer Relationships [Member]
Intangible Assets Net Excluding Goodwill [Line Items]
Amortized intangible assets, Gross Carrying Amount	8,081	8,081
Amortized intangible assets, Accumulated Amortization	$ (8,081)	(8,081)
OEM and Dealer Relationships [Member]
Intangible Assets Net Excluding Goodwill [Line Items]
Finite lived intangible asset useful life	10 years
Amortized intangible assets, Gross Carrying Amount	$ 6,724	6,724
Amortized intangible assets, Accumulated Amortization	$ (6,724)	$ (6,724)

Commitments and Contingencies

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

15. Commitments and Contingencies

Contractual Commitments – We have agreements with various vendors under which we have remaining commitments to purchase hardware components and development services. Such commitments will become payable as we receive the hardware components or as development services are provided.

In June 2022, we entered into a supply and product support agreement (the “SPSA”) with Hughes Network Systems, LLC (“Hughes”), providing for our purchase from Hughes of airborne half duplex (“HDX”) antennas for use on a LEO satellite network, and the performance by Hughes of services related thereto. Under the SPSA, we commit to purchase, over a seven-year period that will begin on completion of a project milestone currently expected to occur in the second half of 2024, HDX antennas with an estimated aggregate purchase price of approximately $170 million. During the contractual seven-year period, Hughes may not sell substantially similar equipment to other purchasers in our primary target market. In March 2023, we amended the SPSA, pursuant to which, we committed to purchase, over a seven-year period that will begin on completion of a project milestone currently expected to occur in mid-2025, full duplex (“FDX”) antennas with an estimated aggregate purchase price of approximately $102 million.

On February 26, 2024, Gogo invested $5 million in a convertible note offering issued by one of our suppliers.

Derivative Litigation – On September 25, 2018 and September 26, 2018, two purported stockholders of the Company filed substantively identical derivative lawsuits in the Court, styled Nanduri v. Gogo Inc. and Hutsenpiller v. Gogo Inc., respectively. Both lawsuits were purportedly brought derivatively on behalf of us and name us as a nominal defendant and name as defendants each then-current member of the Company’s Board of Directors, its former Chief Executive Officer and Chief Financial Officer, its then-current President, Commercial Aviation, and its current Chief Executive Officer and Chief Financial Officer. On January 5, 2023, following mediation, the Company entered into a Stipulation and Agreement of Settlement (the “Derivative Settlement”) with the plaintiffs named in the foregoing derivative lawsuits and a stockholder that made substantially the same allegations via a letter sent to the Company’s then-Board of Directors, dated June 21, 2021 (collectively, the “Stockholders”). Pursuant to the terms of the Derivative Settlement, the Company implemented certain corporate governance initiatives (the “Governance Initiatives”) and caused its D&O insurance carrier to pay the attorneys’ fees for the Stockholders in consideration of dismissal of the two derivative lawsuits with prejudice and a release of all claims asserted against the Company and the individual defendants named in the derivative lawsuits.

Under the terms of the Derivative Settlement, the defendants were not required to pay any damages. We had accrued a liability for attorneys’ fees within Accrued liabilities and a corresponding receivable in Prepaid expenses and other current assets in the consolidated balance sheets as of December 21, 2022.

On April 11, 2023, the Court issued final judgment approving the Derivative Settlement. The Company released the accrued liability and corresponding receivable for attorneys’ fees as of March 31, 2023 and pursuant to the terms of the Derivative Settlement, has implemented the Governance Initiatives.

SmartSky Litigation – On February 28, 2022, SmartSky Networks, LLC brought suit against Gogo Inc. and its subsidiary Gogo Business Aviation LLC in the U.S. District Court for the District of Delaware (the “Court”) alleging that Gogo 5G infringes four patents owned by the plaintiff. On February 21, 2023, the plaintiff amended its complaint to allege that Gogo 5G infringes two additional patents recently issued to the plaintiff. The suit seeks an unspecified amount of compensatory damages as well as treble

damages for alleged willful infringement and reimbursement of plaintiff's costs, disbursements and attorneys' fees. Under a schedule agreed upon by the parties, fact discovery and claim construction proceedings will be substantially completed by early 2024, and expert discovery by early-to-mid 2024, with dispositive motions to follow. A trial date has been scheduled for April 14, 2025. Also on February 28, 2022, the plaintiff filed a motion (the “PI Motion”) requesting that the Court preliminarily enjoin the Company from making, using, offering to sell or selling the Gogo 5G system. On September 26, 2022, the Court issued an order denying the PI Motion. The plaintiff appealed the denial to the U.S. Court of Appeals for the Federal Circuit. Briefing for the appeal is complete and the appellate court heard oral arguments on June 5, 2023. On January 31, 2024, the U.S. Court of Appeals for the Federal Circuit affirmed the decision of the Court to deny the PI Motion. We intend to continue to vigorously defend our position in the infringement suit and defend against the appeal. The outcomes of the appeal and the underlying litigation are inherently uncertain. No amounts have been accrued for any potential losses under this matter, as we cannot reasonably predict the outcome of the litigation or any potential losses.

From time to time we may become involved in legal proceedings arising in the ordinary course of our business. We cannot predict with certainty the outcome of any litigation or the potential for future litigation. Regardless of the outcome of any particular litigation and the merits of any particular claim, litigation can have a material adverse impact on our company due to, among other reasons, any injunctive relief granted, which could inhibit our ability to operate our business, amounts paid as damages or in settlement of any such matter, diversion of management resources and defense costs.

Government Assistance - Schedule of Deductions To The Carrying Value Of Asset Balances (Details) - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Assets [Abstract]

Inventories

^[1]

$ (63,187)

$ (49,493)

prepaid expenses and other current assets

(64,138)

(45,100)

Property and equipment, net

(98,129)

(104,595)

Intangible assets, net

(55,647)

(49,509)

Other non-current assets

(25,979)

$ (43,355)

FCC Reimbursement Program [Member]

Assets [Abstract]

Inventories

(4,970)

prepaid expenses and other current assets

(1,542)

Property and equipment, net

(2,094)

Intangible assets, net

(58)

Other non-current assets

$ (5,542)

[1]	See Note 4, “Government Assistance,” for additional information.

Condensed Financial Information of Registrant - Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Assets:
Cash and cash equivalents	$ 139,036	$ 150,550	$ 145,913
Prepaid expenses and other current assets	64,138	45,100
Total assets	781,539	759,526
Liabilities and stockholders’ deficit:
Current portion of long-term debt	7,250	7,250
Long-term debt	587,501	690,173
Other non-current liabilities	8,270	7,611
Total liabilities	740,814	861,395
Total stockholders equity (deficit)	40,725	(101,869)	(320,154)	$ (641,114)
Total liabilities and stockholders’ deficit	781,539	759,526
Parent Company [Member]
Assets:
Cash and cash equivalents	17,286	37,174	$ 55,069
Prepaid expenses and other current assets	74	0
Deferred income taxes	222,043	172,871
Total assets	239,403	210,045
Liabilities and stockholders’ deficit:
Other current liabilities	189	113
Investments and payables with subsidiaries	198,489	311,801
Total liabilities	198,678	311,914
Total stockholders equity (deficit)	40,725	(101,869)
Total liabilities and stockholders’ deficit	$ 239,403	$ 210,045

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Other than Goodwill

Our intangible assets, other than goodwill, as of December 31, 2023 and 2022 were as follows (in thousands, except for weighted average remaining useful life):


	Weighted
	Average		As of December 31, 2023							As of December 31, 2022
	Remaining		Gross					Net		Gross					Net
	Useful Life		Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
	(in years)		Amount		Amortization			Amount		Amount		Amortization			Amount
Amortized intangible assets:
Software		7.2	$	68,155	$	(45,910	)	$	22,245	$	59,932	$	(43,950	)	$	15,982
Other intangible assets		8.0		499		—			499		624		—			624
Service customer relationships				8,081		(8,081	)		—		8,081		(8,081	)		—
OEM and dealer relationships				6,724		(6,724	)		—		6,724		(6,724	)		—
Total amortized intangible assets				83,459		(60,715	)		22,744		75,361		(58,755	)		16,606
Unamortized intangible assets:
FCC Licenses				32,283		—			32,283		32,283		—			32,283
Total intangible assets			$	115,742	$	(60,715	)	$	55,027	$	107,644	$	(58,755	)	$	48,889

Summary of Amortization Expenses

Amortization expense for each of the next five years and thereafter is estimated to be as follows (in thousands):


	Amortization
Years ending December 31,	Expense
2024	$	1,401
2025	$	3,320
2026	$	3,250
2027	$	3,033
2028	$	2,879
Thereafter	$	8,861

Income Tax - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Tax Credit Carryforward [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 25,601	$ 97,470
Valuation Allowance, Deferred Tax Asset	$ 72,800
Interest expense allowable of EBITDA	30.00%
Interest expense allowable of EBIT	30.00%
Unrecognized tax benefits	$ 1,934	799	$ 0
Interest or penalties related to uncertain tax positions	0	0	$ 0
Effective Tax Rate	1,200	$ 800
Increase (decrease) in unrecognized tax benefits	0
Federal net operating loss [Member]
Tax Credit Carryforward [Line Items]
Net operating loss carryforward	446,000
Deferred Tax Assets Loss Carryforwards	93,600
State NOL [Member]
Tax Credit Carryforward [Line Items]
Net operating loss carryforward	377,000
Deferred Tax Assets Loss Carryforwards	22,200
Canadian NOL [Member]
Tax Credit Carryforward [Line Items]
Net operating loss carryforward	54,000
Deferred Tax Assets Loss Carryforwards	$ 14,200

Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Lease expense included in the condensed consolidated statements of operations

The following is a summary of our lease expense included in the consolidated statement of operations (in thousands):


	For the Years Ended December 31,
	2023		2022		2021
Operating lease cost	$	15,961	$	14,964	$	13,203
Finance lease cost:
Amortization of leased assets		112		156		35
Interest on lease liabilities		9		40		50
Total lease cost	$	16,082	$	15,160	$	13,288

Schedule includes other information about leases

Other information regarding our leases is as follows (in thousands, except lease terms and discount rates):


	For the Years Ended December 31,
	2023			2022			2021
Supplemental cash flow information
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows used in operating leases	$	16,422		$	15,194		$	13,930
Operating cash flows used in finance leases	$	9		$	40		$	51
Financing cash flows used in finance leases	$	132		$	184		$	145
Non-cash items:
Operating leases obtained	$	5,231		$	13,547		$	43,148
Finance leases obtained	$	—		$	11		$	—
Weighted average remaining lease term
Operating leases	7 years			8 years			9 years
Finance leases	2 years			1 year			2 years
Weighted average discount rate
Operating leases		6.8	%		6.7	%		7.0	%
Finance leases		4.7	%		17.0	%		18.6	%

Annual future minimum lease payments

Annual future minimum lease payments as of December 31, 2023 (in thousands):


Years ending December 31,	Operating Leases			Financing Leases
2024	$	15,393		$	4
2025		15,552			2
2026		15,334			—
2027		14,376			—
2028		12,687			—
Thereafter		31,456			—
Total future minimum lease payments		104,798			6
Less: Amount representing interest		(21,467	)		—
Present value of net minimum lease payments	$	83,331		$	6
Reported as of December 31, 2023
Accrued liabilities	$	10,284		$	4
Non-current operating lease liabilities		73,047			—
Other non-current liabilities		—			2
Total lease liabilities	$	83,331		$	6

Long-Term Debt and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt as of December 31, 2023 and 2022 was as follows (in thousands):


	December 31,			December 31,
	2023			2022
Term Loan Facility	$	604,797		$	711,263
Less: deferred financing costs		(10,046	)		(13,840	)
Less: current portion of long-term debt		(7,250	)		(7,250	)
Total long-term debt	$	587,501		$	690,173

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

Discontinued Operations - Summary of Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	$ 21,288	$ 19,065	$ 13,345
Cost of Service Revenue [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	1,701	1,073	472
Engineering, Design and Development [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	3,569	2,532	1,358
Sales and Marketing [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	3,678	2,628	1,615
General and Administrative [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	10,977	11,810	9,377
Discontinued Operations Held for Sale [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	0	0	4,817
Discontinued Operations Held for Sale [Member] \| Cost of Service Revenue [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	0	0	0
Discontinued Operations Held for Sale [Member] \| Cost Of Equipment Revenue [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	0	0	0
Discontinued Operations Held for Sale [Member] \| Engineering, Design and Development [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	0	0	0
Discontinued Operations Held for Sale [Member] \| Sales and Marketing [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	0	0	0
Discontinued Operations Held for Sale [Member] \| General and Administrative [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Total stock-based compensation expense	$ 0	$ 0	$ 4,817

Long-Term Debt and Other Liabilities - Schedule of Long-Term Debt (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Less deferred financing costs	$ (10,046)	$ (13,840)
Less current portion of long-term debt	(7,250)	(7,250)
Total long-term debt	587,501	690,173
Line of Credit [Member]
Debt Instrument [Line Items]
Term Loan Facility	$ 604,797	$ 711,263

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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-Topic 835
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+ Details

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Business Segments and Major Customers - Additional Information (Detail) - Customer	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Number of customers meeting concentration risk threshold	0	0	0

Composition of Certain Balance Sheet Accounts - Schedule of Other Non-Current Assets (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other Assets, Noncurrent [Abstract]
Contract with Customer, Asset, Accumulated Allowance for Credit Loss, Noncurrent	$ 591	$ 501

Government Assistance

12 Months Ended

Dec. 31, 2023

Government Assistance [Abstract]

Government Assistance [Text Block]

4. Government Assistance

FCC Reimbursement Program

On July 15, 2022, the Company was notified that it was approved for participation in the FCC Reimbursement Program, designed to reimburse providers of advanced communications services for reasonable costs incurred in the required removal, replacement, and disposal of covered communications equipment or services, that have been deemed to pose a national security risk, from their networks. Pursuant to the FCC Reimbursement Program, the FCC approved up to approximately $334 million in reimbursements to the Company to cover documented and approved costs to (i) remove and securely destroy all ZTE communications equipment and services in the Company’s terrestrial U.S. networks and replace such equipment and (ii) remove and replace certain equipment installed on aircraft operated by the Company’s ATG customers that is not compatible with the terrestrial equipment that will replace ZTE equipment. Due to a shortfall in the amount appropriated by Congress to fund the FCC Reimbursement Program, approximately $132 million of the approved amount is currently allocated to the Company under the program. If Congress appropriates additional funds for this purpose, the allocations of the Company and other approved applicants will be increased pro rata. Program participants are subject to a number of conditions and requirements under the FCC’s rules including a requirement that they submit their first reimbursement request by July 17, 2023 and certify that they have developed a plan to permanently remove, replace and dispose of covered equipment or services within one year following the first reimbursement request. The rules permit participants to petition the FCC for one or more six-month extensions of the completion deadline. The Company, with the assistance of an advisor we engaged to help administer the program, submitted and received its first reimbursement claim in July 2023. The Company’s one year term to complete the program is set for July 21, 2024, however, based on discussions with our vendors supporting the program regarding lead times for network equipment, we plan to petition the FCC for multiple extensions, as outlined in our application for the FCC Reimbursement Program.

As of December 31, 2023, we have recorded a $18.3 million receivable from the FCC, which is included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. See Note 1, “Summary of Significant Accounting Policies,” for additional information on our accounting policy for government grants.

The following are the deductions to the carrying value of asset balances in our Consolidated Balance Sheets as of December 31, 2023 (in thousands):


	As of December 31,
	2023
Assets:
Inventories	$	(4,970	)
Prepaid expenses and other current assets		(1,542	)
Property and equipment, net		(2,094	)
Intangible assets, net		(58	)
Other non-current assets		(5,542	)

The following are the increases to Net income in our Consolidated Statements of Operations for the year ended December 31, 2023 (in thousands):


	For the year ended December 31,
	2023
Revenue:
Service revenue	$	825
Operating expenses:
Cost of service revenue		720
Cost of equipment revenue		3,931
General and administrative		257

Leases - Other information regarding our leases (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows used in operating leases	$ 16,422	$ 15,194	$ 13,930
Operating cash flows used in finance leases	9	40	51
Financing cash flows used in finance leases	132	184	145
Non-cash items:
Operating leases obtained	5,231	13,547	43,148
Finance leases obtained	$ 0	$ 11	$ 0
Weighted average remaining lease term
Operating leases	7 years	8 years	9 years
Finance leases	2 years	1 year	2 years
Weighted average discount rate
Operating leases	6.80%	6.70%	7.00%
Finance leases	4.70%	17.00%	18.60%

Stock-Based Compensation and 401(k) Plan - Summarizes the Activities for Unvested RSUs and DSUs (Detail) - Restricted Stock Units and Deferred Stock Units [Member]	12 Months Ended
	Dec. 31, 2023 $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Underlying Shares, Unvested - Beginning balance \| shares	3,466,225
Number of Underlying Shares, Granted \| shares	1,899,140
Number of Underlying Shares, Vested \| shares	(1,472,594)
Number of Underlying Shares, Forfeited/canceled \| shares	(153,082)
Number of Underlying Shares, Unvested - Ending balance \| shares	3,739,689
Weighted Average Grant Date Fair Value, Unvested - Beginning balance \| $ / shares	$ 12.46
Weighted Average Grant Date Fair Value, Granted \| $ / shares	15.31
Weighted Average Grant Date Fair Value, Vested \| $ / shares	11.18
Weighted Average Grant Date Fair Value, Forfeited/canceled \| $ / shares	13.98
Weighted Average Grant Date Fair Value, Unvested - Ending balance \| $ / shares	$ 14.25

Common Stock and Preferred Stock

12 Months Ended

Dec. 31, 2023

Text Block [Abstract]

Common Stock and Preferred Stock

17. Common Stock and Preferred Stock

Common Stock – We have one class of common stock outstanding as of December 31, 2023 and 2022. Our common stock is junior to our preferred stock, if and when issued. Our Third Amended and Restated Certificate of Incorporation authorizes a total of 500,000,000 shares of common stock with a par value of $0.0001 per share.

Preferred Stock – Our Third Amended and Restated Certificate of Incorporation authorizes 100,000,000 shares of new preferred stock with a par value of $0.01 per share. No shares of this new preferred stock have been issued. The preferred stock may be issued, from time to time, in one or more series as authorized by the Board of Directors, which has the authority to designate the terms of any series of preferred stock issued, including, without limitation, the number of shares to be included in such series of preferred stock, any dividend, redemption, conversion rights or voting powers and the designations, preferences and relative participating, optional or other special rights.

Share Repurchases – On September 5, 2023, we announced a share repurchase program that grants the Company authority to repurchase up to $50 million of shares of the Company’s common stock. Repurchases may be made at management's discretion from time to time on the open market, through privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act, as amended, in accordance with applicable securities laws and other restrictions. The repurchase program has no time limit and may be suspended for periods or discontinued at any time and does not obligate us to purchase any shares of our common stock. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other

considerations. We do not expect to incur debt to fund the share repurchase program. During the year ended December 31, 2023, we repurchased an aggregate 0.5 million shares of our common stock for $4.8 million.

During September 2022, we repurchased 1.5 million shares of common stock in a private transaction for an aggregate purchase price of $18.3 million.

Shareholder Rights Plan – On September 23, 2020, our Board of Directors adopted a Section 382 Rights Agreement (as amended, the “Rights Agreement”), between the Company and Computershare Trust Company, N.A., as rights agent. The Rights Agreement was intended to reduce the likelihood of an ownership change under Section 382 of the Internal Revenue Code of 1986, as amended, by deterring any person or group from acquiring beneficial ownership of 4.9% or more of the shares of the Company’s common stock then-outstanding. The Rights Agreement expired on September 23, 2023 and the Board of Directors voted not to renew the agreement.

Accumulated Other Comprehensive Income (Loss) - Summary of changes in accumulated other comprehensive income (loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (101,869)	$ (320,154)	$ (641,114)
Other comprehensive income before reclassifications	4,579	34,765	2,747
Net current period comprehensive income (loss)	(14,332)	28,339	2,802
Ending Balance	40,725	(101,869)	(320,154)
Accumulated Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(1,225)	(960)	(1,013)
Other comprehensive income before reclassifications	291	(265)	53
Less: loss realized and reclassified to earnings	0	0	0
Net current period comprehensive income (loss)	(291)	265	53
Ending Balance	(934)	(1,225)	(960)
Accumulated Change in Fair Value Cash Flow Hedge [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	31,353	2,749	0
Other comprehensive income before reclassifications	4,579	34,765	2,747
Less: loss realized and reclassified to earnings	(19,202)	6,161	(2)
Net current period comprehensive income (loss)	14,623	28,604	2,749
Ending Balance	16,730	31,353	2,749
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	30,128	1,789	(1,013)
Other comprehensive income before reclassifications	4,870	34,500	2,800
Less: loss realized and reclassified to earnings	19,202	6,161	(2)
Net current period comprehensive income (loss)	14,332	28,339	2,802
Ending Balance	$ 15,796	$ 30,128	$ 1,789

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

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+ Details

Stock-Based Compensation and 401(k) Plan

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation and 401(k) Plan

12. Stock-Based Compensation and 401(k) Plan

As of December 31, 2023, we maintained the Second Amended and Restated Gogo Inc. 2016 Omnibus Incentive Plan (the “2016 Omnibus Plan”). The 2016 Omnibus Plan provides for the grant of both equity and cash awards, including non-qualified stock options, incentive stock options, stock appreciation rights, performance awards (shares and units), restricted stock, RSUs, deferred share units (“DSUs”) and other stock-based awards and dividend equivalents to eligible employees, directors and consultants, as determined by the Compensation Committee of our Board of Directors (the “Compensation Committee”). The Gogo Inc. 2013 Omnibus Incentive Plan (the “2013 Omnibus Plan”), The Aircell Holdings Inc. Stock Option Plan, and the Employee Stock Purchase Plan (“ESPP”) have all expired.

Under the 2016 Omnibus Plan, 33,234,128 shares of common stock were reserved for issuance. As of December 31, 2023, 4,432,317 shares remained available for grant under the 2016 Omnibus Plan. The contractual life of granted options is 10 years. Except as otherwise approved by the Compensation Committee, all options that are unvested as of the date on which a recipient’s employment terminates, as well as vested options that are not exercised within a prescribed period following termination, are forfeited and become available for future grants. Options granted beginning in 2010 but prior to the Option Exchange (as defined below) include options that (a) vest in specified increments over a four-year period, (b) vest on the date of grant for certain options granted to non-employee members of our Board of Directors or (c) vest on the first anniversary of the date of grant for certain options granted to non-employee members of our Board of Directors. In June 2020, we consummated an option exchange program that was approved by our stockholders at the annual meeting held on April 29, 2020 in which previously outstanding eligible options (which excluded options granted for service by non-executive members of our Board of Directors) to purchase 6,664,773 shares of common stock were surrendered and cancelled and we granted replacement options (the “Replacement Options”) in exchange for the tendered options. Of the 4,168,455 options we granted in 2020, 2,896,383 were Replacement Options. The Replacement Options vested in a single installment on December 31, 2022.

Beginning in 2013, we granted RSUs, which generally vest in equal annual increments over a four-year period. Vested RSUs will be settled, at the discretion of the Compensation Committee, in shares of our common stock or in cash equal to the value of the

applicable number of shares of our common stock on the vesting date. We also granted DSUs to directors, some of which vest on the grant date and others on the first anniversary of the grant date. DSUs will be settled in shares of our common stock after the director ceases to serve as a director. We intend to settle RSU and DSU awards in stock and we have the shares available to do so.


	For the Years Ended December 31,
	2023		2022		2021
Cost of service revenue	$	1,701	$	1,073	$	472
Cost of equipment revenue		1,363		1,022		523
Engineering, design and development		3,569		2,532		1,358
Sales and marketing		3,678		2,628		1,615
General and administrative		10,977		11,810		9,377
Total stock-based compensation expense	$	21,288	$	19,065	$	13,345

A summary of stock option activity for the year ended December 31, 2023 is as follows:


	Number of Options			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value (in thousands)
Options outstanding – January 1, 2023		4,012,761		$	4.36		5.38	$	42,396
Granted		—		$	—
Exercised		(218,585	)	$	2.58
Forfeited		(1,875	)	$	2.14
Expired		(22,711	)	$	23.75
Options outstanding – December 31, 2023		3,769,590		$	4.35		4.20	$	23,190
Options exercisable – December 31, 2023		3,673,715		$	4.41		4.16	$	22,424

As of December 31, 2023, total unrecognized compensation costs related to unvested stock options were immaterial. The total grant date fair value of stock options vested in 2023, 2022 and 2021 was approximately $0.3 million, $18 million and $10 million, respectively.

We estimate the fair value of stock options using the Black-Scholes option-pricing model. No stock options were granted during the years ended December 31, 2023 and 2022. Weighted average assumptions used and weighted average grant date fair value of stock options granted for the years ended December 31, 2021 were as follows:


	For the Years Ended December 31,
	2021
Approximate risk-free interest rate		1.0	%
Average expected life (years)		5.50
Dividend yield	N/A
Volatility		77.0	%
Weighted average grant date fair value of common stock underlying options granted	$	9.66
Weighted average grant date fair value of stock options granted	$	6.22

The risk-free interest rate assumptions were based on the U.S. Treasury yield curve for the term that mirrored the expected term in effect at the time of grant. The expected life of our stock options was determined based upon a simplified assumption that the stock options will be exercised evenly from vesting to expiration, as we do not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected life. The dividend yield was based on expected dividends at the time of grant. Beginning in 2020, we calculated volatility based exclusively on our common stock.

The following table summarizes the activities for our unvested RSUs and DSUs for the year ended December 31, 2023:


	Number of Underlying Shares			Weighted Average Grant Date Fair Value
Unvested – January 1, 2023		3,466,225		$	12.46
Granted		1,899,140		$	15.31
Vested		(1,472,594	)	$	11.18
Forfeited/canceled		(153,082	)	$	13.98
Unvested – December 31, 2023		3,739,689		$	14.25

As of December 31, 2023, there was approximately $37 million of unrecognized compensation cost related to unvested employee RSUs. This amount is expected to be recognized over a weighted-average period of approximately 2.3 years. The total grant date fair value of RSUs and DSUs vested in 2023 was approximately $17 million.

ESPP - We had an ESPP which expired during 2023. The ESPP allowed eligible employees to purchase a limited number of shares of common stock during pre-specified offering periods at a discount established by the Compensation Committee which could not exceed 15% of the fair market value of the common stock at the beginning or end of the offering period (whichever was lower). Under the ESPP, 2,200,000 shares were reserved for issuance and 29,257 shares of common stock were issued during the year ended December 31, 2023.

401(k) Plan - Under our 401(k) plan, all employees who are eligible to participate are entitled to make tax-deferred contributions, subject to Internal Revenue Service limitations. We match 100% of the employee’s first 4% of contributions made, subject to annual limitations. Our matching contributions were $2.3 million, $2.1 million, and $1.8 million for the years ended December 31, 2023, 2022 and 2021, respectively.

Income Tax - Components of (Benefit) Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current:
Federal	$ 0	$ 0	$ 0
State	1,097	488	90
Foreign	0	0	0
Current Total	1,097	488	90
Deferred:
Federal	(40,743)	11,830	(166,706)
State	(7,971)	2,464	(20,614)
Foreign	(458)	(1,124)	0
Deferred Total	(49,172)	13,170	(187,320)
Total	$ (48,075)	$ 13,658	$ (187,230)

Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Indefinite Lived Intangible Assets By Major Class [Line Items]
Goodwill	$ 0.6	$ 0.6
Amortization expense	$ 2.0	$ 4.7	$ 7.5

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

Derivative Instruments and Hedging Activities - Schedule of Notional Amounts Strike Rates and End Dates of the Cap Agreements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	May 31, 2021
Derivative [Line Items]
Notional Amounts		$ 650,000
0.75% due on 7/31/2023
Derivative [Line Items]
Start Date	Jul. 31, 2021
End Date	Jul. 30, 2023
Notional Amounts	$ 650,000
Strike Rate	0.75%
0.75% due on 7/31/2024
Derivative [Line Items]
Start Date	Jul. 31, 2023
End Date	Jul. 30, 2024
Notional Amounts	$ 525,000
Strike Rate	0.75%
1.25% due on 7/31/2025
Derivative [Line Items]
Start Date	Jul. 31, 2024
End Date	Jul. 30, 2025
Notional Amounts	$ 350,000
Strike Rate	1.25%
2.25% due on 7/31/2026
Derivative [Line Items]
Start Date	Jul. 31, 2025
End Date	Jul. 30, 2026
Notional Amounts	$ 250,000
Strike Rate	2.25%
2.75% due on 7/31/2027
Derivative [Line Items]
Start Date	Jul. 31, 2026
End Date	Jul. 30, 2027
Notional Amounts	$ 200,000
Strike Rate	2.75%

Stock-Based Compensation and 401(k) Plan (Tables)

12 Months Ended

Dec. 31, 2023

Summary of Stock-Based Compensation Expense by Operating Expense Excluding Discontinued Operations


	For the Years Ended December 31,
	2023		2022		2021
Cost of service revenue	$	1,701	$	1,073	$	472
Cost of equipment revenue		1,363		1,022		523
Engineering, design and development		3,569		2,532		1,358
Sales and marketing		3,678		2,628		1,615
General and administrative		10,977		11,810		9,377
Total stock-based compensation expense	$	21,288	$	19,065	$	13,345

Summary of Stock Options Activity

A summary of stock option activity for the year ended December 31, 2023 is as follows:


	Number of Options			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value (in thousands)
Options outstanding – January 1, 2023		4,012,761		$	4.36		5.38	$	42,396
Granted		—		$	—
Exercised		(218,585	)	$	2.58
Forfeited		(1,875	)	$	2.14
Expired		(22,711	)	$	23.75
Options outstanding – December 31, 2023		3,769,590		$	4.35		4.20	$	23,190
Options exercisable – December 31, 2023		3,673,715		$	4.41		4.16	$	22,424

Schedule of Weighted Average Assumptions Used and Weighted Average Grant Date Fair Value of Stock Options


	For the Years Ended December 31,
	2021
Approximate risk-free interest rate		1.0	%
Average expected life (years)		5.50
Dividend yield	N/A
Volatility		77.0	%
Weighted average grant date fair value of common stock underlying options granted	$	9.66
Weighted average grant date fair value of stock options granted	$	6.22

Restricted Stock Units and Deferred Stock Units [Member]

Summarizes the Activities for Unvested RSUs and DSUs

The following table summarizes the activities for our unvested RSUs and DSUs for the year ended December 31, 2023:


	Number of Underlying Shares			Weighted Average Grant Date Fair Value
Unvested – January 1, 2023		3,466,225		$	12.46
Granted		1,899,140		$	15.31
Vested		(1,472,594	)	$	11.18
Forfeited/canceled		(153,082	)	$	13.98
Unvested – December 31, 2023		3,739,689		$	14.25

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

1. Summary of Significant Accounting Policies

See Note 6, “Composition of Certain Reserves and Allowances,” for further details.

We consider short-term investments to be investments with maturities of twelve months or less (but greater than three months).

See Note 13, “Income Tax,” for further details.

See Note 5, “Composition of Certain Balance Sheet Accounts,” for further details.


Office equipment, furniture, fixtures and other	3-5 years
Leasehold improvements	7-13 years
Network equipment	5-25 years

See Note 5, “Composition of Certain Balance Sheet Accounts,” for further details.

Intangible assets that are deemed to have a finite life are amortized over their useful lives as follows:


Software	3-8 years
OEM and dealer relationships	10 years
Service customer relationships	5-7 years
Other intangible assets	8 years

See Note 7, “Intangible Assets,” for further details.

Revenue Recognition - Our revenue is primarily earned from providing connectivity and entertainment services and through sales of equipment.

We determine revenue recognition through the following steps:

•

Identification of the contract, or contracts, with a customer;

•

Identification of the performance obligations in the contract;

•

Determination of the transaction price;

•

Allocation of the transaction price to the performance obligations in the contract; and

•

Recognition of revenue as we satisfy the performance obligations.

See Note 3, “Revenue Recognition,” for further information.

See Note 4, “Government Assistance,” for additional information.

See Note 6, “Composition of Certain Reserves and Allowances,” for the details of the changes in our warranty reserve.

See Note 5, “Composition of Certain Balance Sheet Accounts,” for the details of the changes in our asset retirement obligations.

See Note 11, “Fair Value of Financial Assets and Liabilities,” for further information.

See Note 9, “Derivative Instruments and Hedging Activities,” for further information.

See Note 2, “Earnings Per Share,” for further information.

See Note 12, “Stock-Based Compensation and 401(k) Plan,” for further information.

See Note 14, “Leases,” for further information.

Advertising Costs - Costs for advertising are expensed as incurred.

See Note 8, “Long-Term Debt and Other Liabilities,” for further information.

Recently Issued Accounting Pronouncements

Accounting standards not yet adopted:

Earnings (Loss) Per Share - Additional Information (Detail) - USD ($) $ in Thousands, shares in Millions		12 Months Ended
	Sep. 05, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Weighted-average number of shares		1.8	0.5	5.7
Repurchases of common stock	$ 4,800	$ 4,822	$ 18,375	$ 0

Government Assistance (Tables)

12 Months Ended

Dec. 31, 2023

Government Assistance [Abstract]

Deductions to the Carrying Value of Asset Balances [Table Text Block]

The following are the deductions to the carrying value of asset balances in our Consolidated Balance Sheets as of December 31, 2023 (in thousands):


	As of December 31,
	2023
Assets:
Inventories	$	(4,970	)
Prepaid expenses and other current assets		(1,542	)
Property and equipment, net		(2,094	)
Intangible assets, net		(58	)
Other non-current assets		(5,542	)

Increases to Net Income [Table Text Block]

The following are the increases to Net income in our Consolidated Statements of Operations for the year ended December 31, 2023 (in thousands):


	For the year ended December 31,
	2023
Revenue:
Service revenue	$	825
Operating expenses:
Cost of service revenue		720
Cost of equipment revenue		3,931
General and administrative		257

Composition of Certain Balance Sheet Accounts (Additional Information) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net Realizable Value Inventory	$ 1.3

Stock-Based Compensation and 401(k) Plan - Summary of Stock Options Activity (Detail) - Employee Stock Option - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Stock Option Activity [Line Items]
Options Outstanding, Beginning Balance	4,012,761
Number of Options, Granted	0
Number of Options, Exercised	(218,585)
Number of Options, Forfeited	(1,875)
Number of Options, Expired	(22,711)
Options Outstanding, Ending Balance	3,769,590	4,012,761
Options Exercisable, Ending Balance	3,673,715
Weighted Average Exercise Price Per Share, Outstanding Beginning Balance		$ 4.36
Weighted Average Exercise Price Per Share, Granted	$ 0
Weighted Average Exercise Price Per Share, Exercised	2.58
Weighted Average Exercise Price Per Share, Forfeited	2.14
Weighted Average Exercise Price Per Share, Expired	23.75
Weighted Average Exercise Price Per Share, Outstanding Ending Balance	4.35
Weighted Average Exercise Price Per Share, Options Exercisable	$ 4.41
Weighted Average Remaining Contractual Life, Outstanding	4 years 2 months 12 days	5 years 4 months 17 days
Weighted Average Remaining Contractual Life, Exercisable Ending Balance	4 years 1 month 28 days
Aggregate Intrinsic Value, Outstanding	$ 23,190	$ 42,396
Aggregate Intrinsic Value, Exercisable Ending Balance	$ 22,424

Interest Costs

12 Months Ended

Dec. 31, 2023

Text Block [Abstract]

Interest Costs

10. Interest Costs

We capitalize a portion of our interest on funds borrowed during the active construction period of major capital projects. Capitalized interest is added to the cost of the underlying assets and amortized over the useful lives of the assets.

The following is a summary of our interest costs for the years ended December 31, 2023, 2022 and 2021 (in thousands):


	For the Years Ended December 31,
	2023			2022			2021
Interest costs charged to expense	$	55,823		$	43,530		$	62,390
Amortization of deferred financing costs		2,385			3,058			4,661
Accretion of debt discount		403			456			419
Amortization of the purchase price of interest rate caps		1,509			157			2
Interest rate cap benefit		(27,064	)		(8,329	)		—
Interest expense		33,056			38,872			67,472
Interest costs capitalized to property and equipment		2,156			920			4
Interest costs capitalized to software		768			472			311
Total interest costs	$	35,980		$	40,264		$	67,787

Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Summary of Revenue Disaggregated by Category

The following table presents our revenue disaggregated by category (in thousands):


	For the Year Ended December 31,
	2023		2022		2021
Service revenue
Connectivity	$	312,898	$	291,444	$	255,786
Entertainment and other		5,117		4,885		3,797
Total service revenue	$	318,015	$	296,329	$	259,583
Equipment revenue
ATG	$	64,585	$	91,152	$	61,780
Narrowband satellite		7,956		9,992		11,048
Other		7,021		6,594		3,305
Total equipment revenue	$	79,562	$	107,738	$	76,133
Customer type
Aircraft owner/operator/service provider	$	318,015	$	296,329	$	259,583
OEM and aftermarket dealer		79,562		107,738		76,133
Total revenue	$	397,577	$	404,067	$	335,716