XML 46 R36.htm IDEA: XBRL DOCUMENT v3.26.1
Segments (Tables)
 3 Months Ended
Mar. 31, 2026
Segments [Abstract]  
Schedule of Operations from our Business Segments

The following tables reflect the results of operations from our business segments for the periods indicated below (in thousands):

 

   Three Months Ended March 31, 2026 
           Unallocated     
   UAS   ADS   Costs   Total 
Revenue  $27,696   $
—
   $
—
   $27,696 
Cost of revenue   22,550    
—
    
—
    22,550 
Gross Profit   5,146    
—
    
—
    5,146 
Operating expenses                    
Research and development   48    1,149    
—
    1,197 
Sales and marketing   1,426    9    928    2,363 
General and administrative(1)   1,892    400    9,454    11,746 
Other expenses(2)   222    8    
—
    230 
Total operating expenses   3,588    1,566    10,382    15,536 
Income (loss) from operations  $1,558   $(1,566)  $(10,382)  $(10,390)

 

(1)Unallocated general and administrative costs primarily consist of stock compensation, personnel expenses, professional fees, and public company costs.

 

(2) Other expenses include amortization of intangibles.
   Three Months Ended March 31, 2025 
   Commercial
Aviation		   Unallocated
Costs		   Total 
Operating expenses               
Research and development  $1,124   $
—
   $1,124 
Sales and marketing   53    222    275 
General and administrative(1)   549    6,247    6,796 
Other expenses(2)   8    
—
    8 
Total operating expenses   1,734    6,469    8,203 
Loss from operations  $(1,734)  $(6,469)  $(8,203)

 

(1)Unallocated general and administrative costs primarily consist of stock compensation, personnel expenses, professional fees, and public company costs.

 

(2)Other expenses include amortization of intangibles.