v3.25.1
Intangible Assets (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]    
Schedule of Finite-Lived Intangible Assets

Intangible assets, net are as follows:

 

 

March 31, 2025

 

 

Intangible
Assets, Gross

 

 

Accumulated
Amortization

 

 

Intangible
Assets, Net

 

 

Weighted-
Average
Useful Life
(in years)

 

Software - in service

 

$

4,001

 

 

$

(3,180

)

 

$

821

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,651

 

 

$

(3,180

)

 

$

1,471

 

 

 

 

 

 

December 31, 2024

 

 

Intangible
Assets, Gross

 

 

Accumulated
Amortization

 

 

Intangible
Assets, Net

 

 

Weighted-
Average
Useful Life
(in years)

 

Software - in service

 

$

3,978

 

 

$

(3,028

)

 

$

950

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,628

 

 

$

(3,028

)

 

$

1,600

 

 

 

 

Intangible assets, net are as follows:

 

 

 

 

December 31, 2024

 

 

 

 

Intangible

Assets, Gross

 

 

 

Accumulated

Amortization

 

 

 

Intangible

Assets, Net

 

 

 

Weighted-Average

Useful Life

(in years)

 

Software - in service

 

$

3,978

 

 

$

(3,028

)

 

$

950

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,628

 

 

$

(3,028

)

 

$

1,600

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

Intangible

Assets, Gross

 

 

 

Accumulated

Amortization

 

 

 

Intangible

Assets, Net

 

 

 

Weighted-Average

Useful Life

(in years)

 

Software - in service

 

$

3,486

 

 

$

(1,902

)

 

$

1,584

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,136

 

 

$

(1,902

)

 

$

2,234

 

 

 

 

 

Schedule of Indefinite-Lived Intangible Assets

Intangible assets, net are as follows:

 

 

March 31, 2025

 

 

Intangible
Assets, Gross

 

 

Accumulated
Amortization

 

 

Intangible
Assets, Net

 

 

Weighted-
Average
Useful Life
(in years)

 

Software - in service

 

$

4,001

 

 

$

(3,180

)

 

$

821

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,651

 

 

$

(3,180

)

 

$

1,471

 

 

 

 

 

 

December 31, 2024

 

 

Intangible
Assets, Gross

 

 

Accumulated
Amortization

 

 

Intangible
Assets, Net

 

 

Weighted-
Average
Useful Life
(in years)

 

Software - in service

 

$

3,978

 

 

$

(3,028

)

 

$

950

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,628

 

 

$

(3,028

)

 

$

1,600

 

 

 

 

Intangible assets, net are as follows:

 

 

 

 

December 31, 2024

 

 

 

 

Intangible

Assets, Gross

 

 

 

Accumulated

Amortization

 

 

 

Intangible

Assets, Net

 

 

 

Weighted-Average

Useful Life

(in years)

 

Software - in service

 

$

3,978

 

 

$

(3,028

)

 

$

950

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,628

 

 

$

(3,028

)

 

$

1,600

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

Intangible

Assets, Gross

 

 

 

Accumulated

Amortization

 

 

 

Intangible

Assets, Net

 

 

 

Weighted-Average

Useful Life

(in years)

 

Software - in service

 

$

3,486

 

 

$

(1,902

)

 

$

1,584

 

 

 

3

 

FAA certificate

 

 

650

 

 

 

 

 

 

650

 

 

 

Indefinite

 

Total acquired intangible assets

 

$

4,136

 

 

$

(1,902

)

 

$

2,234

 

 

 

 

 

Schedule of Estimated Amortization Expense

The following is a schedule of estimated amortization expense for the following periods:

 

Fiscal Year

 

Amount

 

Remainder of 2025

 

$

401

 

2026

 

 

332

 

2027

 

 

87

 

2028

 

 

1

 

2029

 

 

 

Thereafter

 

 

 

 

$

821

 

The following is a schedule of estimated amortization expense for the following periods:

 

Fiscal Year

 

 

Amount

2025

 

$

547

2026

 

 

324

2027

 

 

79

2028

 

 

2029

 

 

Thereafter

 

 

 

 

$

950