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Autos & Transportation Equipment: Leases (ASC 842)

Note: Supplemental lease cash flow and right-of-use asset disclosures under ASC 842.
Rocket Lab Corp (RKLB) · Form 10-K for period ended 2025-12-31 · filed 2026-02-26 · Section: Item 16. Form 10-K Summary
Years Ended December 31,
202520242023
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest24,54816,28715,553
Cash paid for income taxes854269769
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Unpaid purchases of property, equipment and software18,5448,3212,796
Right-of-use assets obtained in exchange for new operating lease liabilities39,2862,87130,396
Early termination of right-of-use assets——664
Issuance of common stock for payment of accrued bonus1,7981,795—
Issuance of common stock warrants in connection with Loan Agreement——2,595
Issuance of common stock in connection with acquisition, at fair value137,6538382,087
Contingent consideration assumed at acquisition18,258——
Accrued issuance costs in connection with Loan Agreement——641
Accrued issuance costs in connection with ATM Equity Offerings214——
Convertible senior notes, net and accrued interest settled by issuance of common stock197,025——
Payable to seller in connection with business combination578——

The accompanying notes are an integral part of these consolidated financial statements.

F-9

ROCKET LAB CORPORATION AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In thousands, except share and per share data)

1. DESCRIPTION OF THE BUSINESS

Rocket Lab Corporation (“Rocket Lab” and, together with its consolidated subsidiaries, the “Company,” “we,” “us” or “our”) is an end-to-end space company with an established track record of mission success headquartered in Long Beach, California and is the parent company for several wholly owned operating subsidiaries located in the United States, New Zealand, Canada and Australia. We deliver reliable launch services, spacecraft design services, spacecraft components, spacecraft manufacturing and other spacecraft and on-orbit management solutions that make it faster, easier and more affordable to access space. We operate one of the only private orbital launch ranges in the world, located in Mahia, New Zealand, enabling a unique degree of operational flexibility and control of customer launch manifests and mission assurance. While our business has historically been centered on the manufacture of small-class launch vehicles and related sale of launch services, we are currently innovating in the areas of medium-class launch vehicle and launch services, space systems design and manufacturing, on-orbit management solutions, and space data applications.

Merger and Consummation of Holding Company Reorganization

Verbatim excerpt (376 words), formatting simplified. View full filing on EDGAR →

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