https://apnews.com/0447f4d7a48c084b759adcbc4adaa8f9

ALBUQUERQUE, N.M. (AP) — Virgin Galactic on Tuesday reported a first-quarter net loss of $60 million but touted millions of dollars in potential future revenue as more people have put down deposits for the chance to reserve a ticket once the commercial space venture resumes sales.

Company officials outlined earnings for the quarter during a webcast that came just days after Virgin Galactic celebrated the first glide flight of its spaceship over its new home at Spaceport America in southern New Mexico. The company is in the midst of final testing but has yet to offer a date for the start of commercial flights.