Joby Aero, Inc. Quarterly report [Sections 13 or 15(d)]

Acquisitions (Tables)

9 Months Ended

Sep. 30, 2026

The following table summarizes the Company’s final allocation of the purchase consideration, as adjusted for measurement-

period adjustments that were not material, to the acquisition-date fair values of the assets acquired and liabilities assumed (in thousands):


Assets
Cash and cash equivalents	$	1,070
Restricted cash	813
Accounts and other receivables	4,194
Prepaid expenses and other current assets	7,126
Property and equipment, net	2,111
Operating lease right-of-use assets	4,964
Intangible assets	17,000
Other non-current assets	438
Goodwill	75,100
Total assets	$	112,816
Liabilities
Accounts payable	$	1,600
Accrued expenses and other current liabilities	14,622
Operating lease liabilities, current portion	2,882
Operating lease liabilities, net of current portion	2,240
Other non-current liabilities	336
Total liabilities	$	21,680
Total net assets acquired	$	91,136

The following table summarizes the fair value and useful lives of intangible assets acquired (in thousands):


	Estimated Useful Life (Years)	Estimated Fair Value
Exclusive rights to air transportation services	10	$	8,800
Developed technology	2	6,200
Customer relationships	2	1,000
Trade name	2	1,000
Total intangible assets		$	17,000