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Derivative Financial Instruments
9 Months Ended
Sep. 30, 2023
Derivative Financial Instruments  
Derivative Financial Instruments


During the second quarter of 2022, Eve began to consolidate Zanite’s assets and liabilities, which included derivative financial instruments related to the Private Placement Warrants. As of September 30, 2023 and December 31, 2022, the fair value of liability related to these derivative financial instruments was $13,395,000 and $3,562,500, respectivelyThe increase in the fair value of the liability was recognized as expense within the “(Loss)/gain from change in fair value of derivative liabilities” line in the condensed consolidated statement of operations.  Refer to Note 9 and 11 for additional information.