v3.26.1
Other Balance Sheet Information
12 Months Ended
Dec. 31, 2025
Other Balance Sheet Information [Abstract]  
Other Balance Sheet Information

Note 8 - Other Balance Sheet Information

 

Prepaid expenses and other current assets

 

Prepaid expenses and other current assets as of December 31, 2025 and 2024 consisted of the following (in thousands):

 

   As of December 31, 
   2025   2024 
Vendor deposits  $2,649   $
 
Prepaid expenses and other   1,340    888 
Total prepaid expenses and other current assets  $3,989   $888 

 

Inventories

 

Inventory as of December 31, 2025 represents inventory on hand within the Drone Nerds (UAS) segment and consisted of the following (in thousands):

 

   As of
December 31,
2025
 
Drones  $7,725 
Accessories   4,043 
Service parts and components   3,632 
Total inventories  $15,400 

 

Inventory acquired in the Drone Nerds acquisition was recorded at its estimated net realizable value at the acquisition date, and as of December 31, 2025, no material inventory reserves or write-downs have been recorded subsequent to that date.

 

Accrued expenses and other current liabilities

 

Accrued expenses and other current liabilities as of December 31, 2025 and 2024 consisted of the following (in thousands):

 

   As of December 31, 
   2025   2024 
Transaction bonuses – Strategic Transaction Bonus Plan  $
   $4,266 
Transaction bonuses – related party   
    400 
Bonuses and commissions   2,839    959 
Compensation and benefits   996    446 
Inventory received not invoiced   1,404    
 
Other   926    
 
Total accrued expenses and other current liabilities  $6,165   $6,071