Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT, NET (Tables)

v3.25.2
PROPERTY AND EQUIPMENT, NET (Tables)
6 Months Ended
Jun. 30, 2025
PROPERTY AND EQUIPMENT, NET  
Schedule of property and equipment, net

Property and equipment, net, as of the below dates consisted of the following (in thousands):

    

Useful Life

    

    

 In Years

June 30, 2025

December 31, 2024

Tooling and equipment

 

5 – 15

$

17,737

$

17,481

Furniture and other equipment

 

3 – 15

 

14,234

 

13,985

Computer software

 

3 – 5

 

1,505

 

2,555

Leasehold improvements

 

2 – 15

 

27,131

 

25,527

Flight equipment held for R&D

2 – 8

14,170

8,383

 

74,777

 

67,931

Less accumulated depreciation

 

(33,143)

 

(31,600)

$

41,634

$

36,331