XML 41 R27.htm IDEA: XBRL DOCUMENT
v3.25.2

Intangible Assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
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, 2025 |  |  | December 31, 2024 |  |  |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Useful Life
Patents |  | $ | 185,940 |  |  | $ | (72,825 | ) |  | $ | 113,115 |  |  | $ | 165,106 |  |  | $ | (58,808 | ) |  | $ | 106,298 |  |  | 10
Patents in process |  |  | 95,023 |  |  |  | - |  |  |  | 95,023 |  |  |  | 103,813 |  |  |  | - |  |  |  | 103,813 |  |  | N/A
Licenses |  |  | 241,909 |  |  |  | (126,144 | ) |  |  | 115,765 |  |  |  | 241,909 |  |  |  | (114,048 | ) |  |  | 127,861 |  |  | 10
Software |  |  | 283,217 |  |  |  | (230,109 | ) |  |  | 53,108 |  |  |  | 271,852 |  |  |  | (208,699 | ) |  |  | 63,153 |  |  | 3
Trademarks |  |  | 3,230,000 |  |  |  | (1,260,721 | ) |  |  | 1,969,279 |  |  |  | 3,230,000 |  |  |  | (1,099,226 | ) |  |  | 2,130,774 |  |  | 10
FAA waiver |  |  | 5,930,000 |  |  |  | (2,314,575 | ) |  |  | 3,615,425 |  |  |  | 5,930,000 |  |  |  | (2,018,084 | ) |  |  | 3,911,916 |  |  | 10
Developed technology |  |  | 27,977,331 |  |  |  | (10,030,668 | ) |  |  | 17,946,663 |  |  |  | 27,977,331 |  |  |  | (8,564,502 | ) |  |  | 19,412,829 |  |  | 3 - 10
Non-compete agreements |  |  | 840,000 |  |  |  | (840,000 | ) |  |  | - |  |  |  | 840,000 |  |  |  | (840,000 | ) |  |  | - |  |  | 1
Marketing-related assets |  |  | 890,000 |  |  |  | (216,040 | ) |  |  | 673,960 |  |  |  | 890,000 |  |  |  | (171,540 | ) |  |  | 718,460 |  |  | 10
Customer relationships |  |  | 1,010,000 |  |  |  | (508,047 | ) |  |  | 501,953 |  |  |  | 1,010,000 |  |  |  | (407,047 | ) |  |  | 602,953 |  |  | 5
|  | $ | 40,683,420 |  |  |  | (15,599,129 | ) |  |  | 25,084,291 |  |  | $ | 40,660,011 |  |  | $ | (13,481,954 | ) |  | $ | 27,178,057 |  |  |
Schedule of Estimated Amortization Expense | Estimated amortization expense for the next five years for the intangible assets currently being amortized is as follows:
Year Ending December 31, |  | Estimated Amortization |
2025 (6 months) |  | $ | 2,070,905 |
2026 |  |  | 4,091,986 |
2027 |  |  | 4,080,818 |
2028 |  |  | 3,795,009 |
2029 |  |  | 3,758,276 |
Thereafter |  |  | 7,287,297 |
Total |  | $ | 25,084,291 |

X
- References No definition available. + Details
Name: | us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration