Balance Sheet Components (Tables)
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9 Months Ended |
Sep. 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): | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | Equipment | $ | 151,121 | | | $ | 126,874 | | | Buildings | 104,964 | | | 23,801 | | | Molds and tooling | 36,758 | | | 33,077 | | | Leasehold and other improvements | 31,589 | | | 22,831 | | | Computer software | 21,840 | | | 20,017 | | | Vehicles and aircraft | 12,102 | | | 3,509 | | | Land | 11,158 | | | 6,270 | | | Furniture and fixtures | 2,612 | | | 2,364 | | | Construction in-progress | 27,493 | | | 36,977 | | | Gross property and equipment | 399,637 | | | 275,720 | | | Accumulated depreciation and amortization | (158,102) | | | (129,149) | | | Property and equipment, net | $ | 241,535 | | | $ | 146,571 | |
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| Schedule of Intangible Assets |
The intangible assets consist of the following (in thousands): | | | | | | | | | | | | | September 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 | (11,594) | | | (5,541) | | | Intangible assets, net | $ | 16,315 | | | $ | 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 September 30, 2026 (in thousands): | | | | | | | Fiscal Year | Amount | 2026 (remainder) | $ | 2,037 | | | 2027 | 5,343 | | | 2028 | 1,582 | | | 2029 | 1,582 | | | 2030 and thereafter | 5,771 | | | $ | 16,315 | |
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| Schedule of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consist of the following (in thousands): | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | Prepaid software | $ | 9,383 | | | $ | 9,263 | | | Prepaid equipment | 9,024 | | | 2,278 | | | Prepaid taxes | 7,782 | | | 3,175 | | | Prepaid insurance | 1,956 | | | 6,151 | | | Prepaid operators | 1,464 | | | 4,218 | | | Other | 6,932 | | | 5,394 | | | Total | $ | 36,541 | | | $ | 30,479 | |
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| Schedule of Other Noncurrent Assets |
Other non-current assets consist of the following (in thousands): | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | Contractual agreement asset | $ | 59,611 | | | $ | 59,611 | | | Other non-current assets | 5,426 | | | 2,322 | | | Total | $ | 65,037 | | | $ | 61,933 | |
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| Schedule of Accrued and Other Liabilities |
Accrued and other current liabilities consist of the following (in thousands): | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | Vendor related accruals | $ | 44,722 | | | $ | 26,589 | | | Retention Earnout liability (Note 4) | 12,756 | | | — | | | Payroll accruals | 11,865 | | | 5,227 | | Indemnity Holdback liability (Note 4) | 10,000 | | | — | | | ESPP accrual | 7,237 | | | 2,062 | | | Contract liabilities under contracts with customers | 6,419 | | | 7,003 | | | Short-term finance lease liability | 3,784 | | | 2,254 | | Accrued flight costs | 1,979 | | | 142 | | Other accruals and current liabilities | 10,067 | | | 4,741 | | | Total | $ | 108,829 | | | $ | 48,018 | |
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| Schedule of Other Noncurrent Liabilities |
Other non-current liabilities consist of the following (in thousands): | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | Finance lease liabilities | $ | 10,040 | | | $ | 7,447 | | EBITDA Earnout liability (Note 4) | — | | | 13,424 | | Indemnity Holdback liability (Note 4) | — | | | 10,000 | | Retention Earnout liability (Note 4) | — | | | 4,006 | | | Grant liabilities | 12,056 | | | 1,575 | | | Other non-current liabilities | 1,387 | | | 1,141 | | Total | $ | 23,483 | | | $ | 37,593 | |
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