v3.26.1
Prepaids and Other Current Assets
12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaids and Other Current Assets
Note 3. Prepaids and Other Current Assets
Prepaids and other current assets consisted of the following:
(in thousands)December 31,
2025
December 31,
2024
Prepaid launch costs, current$5,087 — $— 
Prepaid design and production services, current1,538 — 
Prepaid insurance and other current assets2,696 1,667 
Total$9,321 $1,667 
As of December 31, 2025 and 2024, the non-current portion of prepaid launch costs recorded in other non-current assets was approximately $1.2 million and $2.6 million, respectively, and the non-current portion of prepaid design and production services recorded in other non-current assets was approximately $7.0 million and zero, respectively. During the year ended December 31, 2025, the Company recognized a $1.7 million impairment charge related to prepaid design and production services in other expense in the accompanying consolidated statements of operations.