Quarterly report [Sections 13 or 15(d)]

Description of Business and Summary of Significant Accounting Policies (Tables)

v3.25.2
Description of Business and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Property and Equipment, Net
Useful Life
(in years)
June 30,
2025
December 31,
2024
Aircraft, engines and related rotable parts (1)
2 - 20
$ 31,213  $ 27,206 
Vehicles (1)
5
3,448  2,796 
Leasehold improvements (2)
Shorter of useful life or life of lease 3,253  3,520 
Furniture and fixtures (2)
5
2,209  2,129 
Technology equipment (2)
3
574  564 
Machinery and equipment (1) 5 88  — 
Total property and equipment, gross 40,785  36,215 
Less: Accumulated depreciation (7,088) (5,297)
Total property and equipment, net $ 33,697  $ 30,918 
(1) Depreciation expense is included within cost of revenue.
(2) Depreciation expense is included within general and administrative expenses.