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Intangible Assets | 3 Months Ended
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Mar. 31, 2026
Intangible Assets [Abstract] |
INTANGIBLE ASSETS | NOTE 6 – INTANGIBLE ASSETS The components of intangible assets, all of which are finite-lived, were as follows:
|  | March 31, 2026 |  |  | December 31, 2025 |  |  |  |  |  |  |
|  | Gross Carrying |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Weighted Average Useful Life (years) |  |  | Useful Life (years) |
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 13,339 |  |  | $ | (1,734 | ) |  | $ | 11,605 |  |  | $ | 6,930 |  |  | $ | (1,488 | ) |  | $ | 5,442 |  |  |  | 7.7 |  |  |  | 7 - 10 |
FAA waiver |  |  | 5,930 |  |  |  | (2,759 | ) |  |  | 3,171 |  |  |  | 5,930 |  |  |  | (2,611 | ) |  |  | 3,319 |  |  |  | 10.0 |  |  |  | 10 |
Developed technology |  |  | 161,061 |  |  |  | (15,331 | ) |  |  | 145,730 |  |  |  | 113,604 |  |  |  | (12,276 | ) |  |  | 101,328 |  |  |  | 9.9 |  |  |  | 3 - 10 |
Non-compete agreements |  |  | 3,521 |  |  |  | (257 | ) |  |  | 3,264 |  |  |  | 3,521 |  |  |  | (37 | ) |  |  | 3,484 |  |  |  | 4.0 |  |  |  | 1 - 4 |
Customer relationships |  |  | 150,635 |  |  |  | (2,836 | ) |  |  | 147,799 |  |  |  | 23,008 |  |  |  | (982 | ) |  |  | 22,026 |  |  |  | 8.1 |  |  |  | 5-10 |
Other intangible assets |  |  | 1,454 |  |  |  | (509 | ) |  |  | 945 |  |  |  | 2,040 |  |  |  | (749 | ) |  |  | 1,291 |  |  |  | 8.5 |  |  |  | 3 - 10 |
Total |  | $ | 335,940 |  |  | $ | (23,426 | ) |  | $ | 312,514 |  |  | $ | 155,033 |  |  | $ | (18,143 | ) |  | $ | 136,890 |  |  |  |  |  |  |  |  |
Amortization expense for the three months ended March 31, 2026 and 2025 was $5.6 million and $1.1 million, respectively. Other intangible assets represent patents, licenses, software, backlog and other marketing-related assets.

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- Definition The entire disclosure for intangible asset. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed. Excludes goodwill. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(15)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
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