| Schedule of Property Plant and Equipment, Net |
Property, plant and equipment, net, as of June 30, 2026 and December 31, 2025 consisted of the following: | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Buildings and improvements | $ | 92,829 | | | $ | 78,564 | | | Machinery, equipment, vehicles and office furniture | 215,447 | | | 174,526 | | | Computer equipment, hardware and software | 25,594 | | | 20,751 | | | Launch site assets | 26,360 | | | 25,330 | | | Construction in process | 138,908 | | | 111,167 | | | Property, plant and equipment—gross | 499,138 | | | 410,338 | | | Less accumulated depreciation and amortization | (105,192) | | | (90,865) | | | Property, plant and equipment—net | $ | 393,946 | | | $ | 319,473 | |
Depreciation expense recorded in the condensed consolidated statements of operations and comprehensive loss for the three and six months ended June 30, 2026 and 2025 consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | Depreciation expense | | 2026 | | 2025 | | 2026 | | 2025 | | Cost of revenues | | $ | 3,434 | | | $ | 3,062 | | | $ | 6,618 | | | $ | 6,123 | | | Research and development, net | | 3,377 | | | 1,935 | | | 6,491 | | | 3,674 | | | Selling, general and administrative | | 1,821 | | | 761 | | | 3,035 | | | 1,526 | | | Total depreciation expense | | $ | 8,632 | | | $ | 5,758 | | | $ | 16,144 | | | $ | 11,323 | |
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