Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Flight services $ 0 $ 25
Operating Expenses [Abstract]    
Flight services 0 15
Research and development (including related party purchases of $281 and $223 for the three months ended March 31, 2025 and 2024, respectively.) 134,287 115,636
Selling, general and administrative (including related party purchases of $42 and $36 for the three months ended March 31, 2025 and 2024, respectively.) 28,997 30,271
Total operating expenses 163,284 145,922
Loss from operations (163,284) (145,897)
Interest and other income, net 9,898 12,319
Gain from change in the fair value of warrants and earnout shares 71,020 39,027
Total other income, net 80,918 51,346
Loss before income taxes (82,366) (94,551)
Income tax expense 40 36
Net loss $ (82,406) $ (94,587)
Net loss per share, basic (in dollars per share) $ (0.11) $ (0.14)
Net loss per share, diluted (in dollars per share) $ (0.11) $ (0.14)
Weighted-average number of shares outstanding, basic (in shares) 766,908,858 681,749,388
Weighted-average number of shares outstanding, diluted (in shares) 766,908,858 681,749,388