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Commitments and Contingencies
 6 Months Ended
Jun. 30, 2023
Commitments ​and Contingencies  
Commitments and Contingencies

Note 17 – Commitments ​and Contingencies


On August 2, 2021, Eve Brazil signed an agreement with Embraer to lease two facilities, one in São José dos Campos and other in Gavião Peixoto, both in the state of São Paulo, Brazil. The leases never commenced and were terminated during the second quarter 2023.  There were no costs associated with the lease termination. The Company signed two new leases with Embraer for different sites. The São José dos Campos lease site commenced on June 12, 2023. In connection with the lease commencement, a Right-of-use (“ROU”) asset $338,006 was recognized in the “Right-of-use assets, net” line of the condensed consolidated balance sheet. Operating lease liabilities of $77,531 and $260,475 were recognized in the “Other payables” and “Other non-current payables” lines of the condensed consolidated balance sheet, respectively. The lease for the other site has not commenced as of June 30, 2023.