v3.26.3
Property and Equipment, Net
9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net

5. PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consisted of the following:

 

 

September 30, 2026

 

 

December 31, 2025

 

Lab and test equipment

 

$

25,142

 

 

$

24,604

 

Vehicles

 

 

6,690

 

 

 

6,696

 

Equipment

 

 

75,662

 

 

 

70,702

 

Furniture and fixtures

 

 

6,068

 

 

 

5,322

 

Leasehold improvements

 

 

19,572

 

 

 

15,335

 

Aircraft

 

 

12,386

 

 

 

12,386

 

Building

 

 

5,764

 

 

 

5,764

 

 

 

151,284

 

 

 

140,809

 

Land

 

 

1,089

 

 

 

1,089

 

Construction in progress

 

 

3,094

 

 

 

1,930

 

Less: Accumulated depreciation

 

 

(89,978

)

 

 

(79,975

)

   Total property and equipment—net

 

$

65,489

 

 

$

63,853

 

Total depreciation expense included in the unaudited condensed consolidated statements of operations was $3.6 million and $10.3 million for the three and nine months ended September 30, 2026, respectively, and $3.3 million and $9.7 million for the three and nine months ended September 30, 2025, respectively.