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PROPERTY, PLANT AND EQUIPMENT, NET (Tables) | 6 Months Ended
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Jun. 30, 2025
Property, Plant and Equipment [Abstract] |
Schedule of Property Plant and Equipment, Net | Property, plant and equipment, net, as of June 30, 2025 and December 31, 2024 consisted of the following:
| June 30, 2025 |  | December 31, 2024
Buildings and improvements | $ | 70,870 |  |  | $ | 68,631 |
Machinery, equipment, vehicles and office furniture | 150,070 |  |  | 127,577 |
Computer equipment, hardware and software | 18,345 |  |  | 16,204 |
Launch site assets | 22,635 |  |  | 20,726 |
Construction in process | 66,538 |  |  | 27,285 |
Property, plant and equipment—gross | 328,458 |  |  | 260,423 |
Less accumulated depreciation and amortization | (78,688) |  |  | (65,585) |
Property, plant and equipment—net | $ | 249,770 |  |  | $ | 194,838 |
Depreciation expense recorded in the condensed consolidated statements of operations and comprehensive loss during the three and six months ended June 30, 2025 and 2024 consisted of the following:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
Depreciation expense |  | 2025 |  | 2024 |  | 2025 |  | 2024
Cost of revenues |  | $ | 3,062 |  |  | $ | 2,917 |  |  | $ | 6,123 |  |  | $ | 5,666 |
Research and development, net |  | 1,935 |  |  | 1,040 |  |  | 3,674 |  |  | 2,432 |
Selling, general and administrative |  | 761 |  |  | 679 |  |  | 1,526 |  |  | 1,303 |
Total depreciation expense |  | $ | 5,758 |  |  | $ | 4,636 |  |  | $ | 11,323 |  |  | $ | 9,401 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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