| Schedule of Components of Intangible Assets |
The components of intangible assets, all of which are finite-lived, were as follows:
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June 30, 2026 |
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December 31, 2025 |
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Gross Carrying |
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Accumulated Amortization |
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Net Carrying Amount |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
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Useful Life (years) |
(dollars in thousands) |
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Trademarks |
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$ |
25,392 |
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$ |
(2,589 |
) |
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$ |
22,803 |
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$ |
6,930 |
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$ |
(1,488 |
) |
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$ |
5,442 |
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5 - 10 |
FAA waiver |
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5,930 |
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(2,908 |
) |
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3,022 |
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5,930 |
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(2,611 |
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3,319 |
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10 |
Developed technology |
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313,503 |
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(23,780 |
) |
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289,723 |
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113,604 |
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(12,276 |
) |
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101,328 |
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5 - 10 |
Non-compete agreements |
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3,521 |
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(477 |
) |
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3,044 |
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3,521 |
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(37 |
) |
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3,484 |
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4 |
Customer relationships |
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275,477 |
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(11,735 |
) |
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263,742 |
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23,008 |
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(982 |
) |
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22,026 |
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5-10 |
Other intangible assets |
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1,514 |
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(580 |
) |
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934 |
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2,040 |
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(749 |
) |
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1,291 |
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3 - 10 |
Total |
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$ |
625,337 |
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$ |
(42,069 |
) |
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$ |
583,268 |
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$ |
155,033 |
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$ |
(18,143 |
) |
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$ |
136,890 |
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