v3.26.1
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Assets [Abstract]  
Schedule of Components of Intangible Assets

The components of intangible assets, all of which are finite-lived, were as follows:

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

 

Gross
Carrying

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Useful
Life
(years)

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Trademarks

 

$

25,392

 

 

$

(2,589

)

 

$

22,803

 

 

$

6,930

 

 

$

(1,488

)

 

$

5,442

 

 

5 - 10

 FAA waiver

 

 

5,930

 

 

 

(2,908

)

 

 

3,022

 

 

 

5,930

 

 

 

(2,611

)

 

 

3,319

 

 

10

 Developed technology

 

 

313,503

 

 

 

(23,780

)

 

 

289,723

 

 

 

113,604

 

 

 

(12,276

)

 

 

101,328

 

 

5 - 10

 Non-compete agreements

 

 

3,521

 

 

 

(477

)

 

 

3,044

 

 

 

3,521

 

 

 

(37

)

 

 

3,484

 

 

4

 Customer relationships

 

 

275,477

 

 

 

(11,735

)

 

 

263,742

 

 

 

23,008

 

 

 

(982

)

 

 

22,026

 

 

5-10

 Other intangible assets

 

 

1,514

 

 

 

(580

)

 

 

934

 

 

 

2,040

 

 

 

(749

)

 

 

1,291

 

 

3 - 10

 Total

 

$

625,337

 

 

$

(42,069

)

 

$

583,268

 

 

$

155,033

 

 

$

(18,143

)

 

$

136,890