Balance Sheet Components (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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| Summary of Property, Plant and Equipment |
Property and equipment, net consists of the following (in thousands): | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Equipment | $ | 143,784 | | | $ | 126,874 | | | Buildings | 104,324 | | | 23,801 | | | Molds and tooling | 34,879 | | | 33,077 | | | Leasehold and other improvements | 30,728 | | | 22,831 | | | Computer software | 20,570 | | | 20,017 | | | Land | 11,158 | | | 6,270 | | | Vehicles and aircraft | 5,145 | | | 3,509 | | | Furniture and fixtures | 2,550 | | | 2,364 | | | Construction in-progress | 24,088 | | | 36,977 | | | Gross property and equipment | 377,226 | | | 275,720 | | | Accumulated depreciation and amortization | (147,398) | | | (129,149) | | | Property and equipment, net | $ | 229,828 | | | $ | 146,571 | |
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| Schedule of Intangible Assets |
The intangible assets consist of the following (in thousands): | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Developed technology | $ | 13,100 | | | $ | 13,100 | | | Exclusive rights to air transportation services | 8,800 | | | 8,800 | | | Lease in-place | 3,509 | | | — | | | Other intangibles | 2,500 | | | 2,500 | | | Gross intangible assets | 27,909 | | | 24,400 | | | Accumulated amortization | (9,754) | | | (5,541) | | | Intangible assets, net | $ | 18,155 | | | $ | 18,859 | |
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| Schedule of Estimated Future Amortization Expense of Acquired Intangible Assets |
The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of June 30, 2026 (in thousands): | | | | | | | Fiscal Year | Amount | 2026 (remainder) | $ | 4,074 | | | 2027 | 5,343 | | | 2028 | 1,582 | | | 2029 | 1,582 | | | 2030 and thereafter | 5,574 | | | $ | 18,155 | |
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| Schedule of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consist of the following (in thousands): | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Prepaid software | $ | 8,305 | | | $ | 9,263 | | | Prepaid equipment | 6,702 | | | 2,278 | | | Prepaid taxes | 5,774 | | | 3,175 | | | Prepaid insurance | 5,706 | | | 6,151 | | | Prepaid operators | 3,465 | | | 4,218 | | | Other | 8,727 | | | 5,394 | | | Total | $ | 38,679 | | | $ | 30,479 | |
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| Schedule of Other Noncurrent Assets |
Other non-current assets consist of the following (in thousands): | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Contractual agreement asset | $ | 59,611 | | | $ | 59,611 | | | Long-term prepaid insurance | 315 | | | 431 | | | Other non-current assets | 2,797 | | | 1,891 | | | Total | $ | 62,723 | | | $ | 61,933 | |
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| Schedule of Accrued and Other Liabilities |
Accrued and other current liabilities consist of the following (in thousands): | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Vendor-related accruals | $ | 29,799 | | | $ | 26,589 | | | EBITDA Earnout liability (Note 4) | 17,500 | | | — | | | Payroll accruals | 16,810 | | | 5,227 | | | Indemnity Holdback liability (Note 4) | 10,000 | | | — | | | Contract liabilities under contracts with customers | 9,823 | | | 7,003 | | | Retention Earnout liability (Note 4) | 9,808 | | | — | | | Short-term finance lease liability | 3,300 | | | 2,254 | | | ESPP accrual | 2,295 | | | 2,062 | | | Accrued flight costs | 2,326 | | | 142 | | | Other accruals and current liabilities | 9,897 | | | 4,741 | | | Total | $ | 111,558 | | | $ | 48,018 | |
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| Other Noncurrent Liabilities |
Other Non-Current Liabilities Other non-current liabilities consist of the following (in thousands): | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Finance lease liabilities | $ | 8,981 | | | $ | 7,447 | | | EBITDA Earnout liability (Note 4) | — | | | 13,424 | | | Indemnity Holdback liability (Note 4) | — | | | 10,000 | | | Retention Earnout liability (Note 4) | — | | | 4,006 | | | Other non-current liabilities | 4,140 | | | 2,716 | | | Total | $ | 13,121 | | | $ | 37,593 | |
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