## Filing Overview
**Filing Date**: 2022-03-31
**Type of Filing**: [[Filing Definitions#10-Q|10-Q]]
**Reporting Period**: Quarter ended March 31, 2022
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## Notes
- Rocket Lab USA, Inc., reported total **revenue of $40.7 million** for Q1 2022, an increase from **$18.2 million** in Q1 2021.
- Key financial details:
- **Net loss**: $(26.7) million for Q1 2022, compared to $(15.9) million in Q1 2021.
- Significant growth in **contract liabilities** to $97.1 million, reflecting advance payments and increased project activity.
- Expanded **goodwill** to $58.8 million, mainly due to acquisitions.
- Business highlights:
- Acquisition of SolAero Technologies in January 2022, enhancing solar panel production for aerospace applications.
- Investments in **medium-class launch vehicle (Neutron)** development and **spacecraft components**.
- Guidance included discussions of risks such as supply chain constraints, competitive market dynamics, and macroeconomic impacts.
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## Filing
![[d5b99770-f0a1-4134-acdb-54b451f9e0fa.pdf]]