v3.26.1
Property and Equipment, Net
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
March 31,
2026
December 31,
2025
Buildings, structures and charging network$211,448 $209,556 
Machinery and equipment103,544 94,137 
Leasehold and land improvements34,546 33,667 
Vehicles and aviation 26,674 26,512 
Computer equipment and software 15,453 18,413 
Construction in progress 39,711 20,580 
431,376 402,865 
Accumulated depreciation (60,405)(54,325)
Property and equipment, net $370,971 $348,540 
Depreciation expense for the three months ended March 31, 2026 and 2025 was $6,151 and $5,121, respectively.
During the three months ended March 31, 2026 and 2025, the Company disposed $331 and $1,302 of property and equipment, net, respectively.