Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.24.3
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net, consists of the following:
  September 30, 2024 December 31, 2023
Satellite system $ 1,598  $ 1,598 
Capitalized software and hardware 2,180  2,178 
Construction in progress 1,085  538 
Other
695  627 
Total property and equipment 5,558  4,941 
Accumulated depreciation (3,545) (3,150)
Property and equipment, net $ 2,013  $ 1,791 
Construction in progress consists of the following:
  September 30, 2024 December 31, 2023
Satellite system $ 706  $ 490 
Capitalized software and hardware 339  17 
Other 40  31 
Construction in progress $ 1,085  $ 538 
Schedule of Orbiting Satellites The chart below provides certain information on our satellites as of September 30, 2024:
Satellite Description Year Delivered Estimated End of
Depreciable Life
FCC License Expiration Year
SIRIUS FM-5 2009 2024 2025
SIRIUS FM-6 2013 2028 2030
XM-3 2005 2020 2026
XM-5 2010 2025 2026
SXM-8 2021 2036 2029