Post-effective amendment to a registration statement that is not immediately effective upon filing

Balance Sheet Components

v3.22.1
Balance Sheet Components
12 Months Ended
Dec. 31, 2021
Balance Sheet Components [Abstract]  
Balance Sheet Components
Note 6. Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consists of the following (in thousands):
 
    
December 31,
 
    
2021
    
2020
 
Equipment
   $ 45,501      $ 29,229  
Computer software
     8,410        5,992  
Leasehold improvements
     9,364        5,724  
Molds and tooling
     8,052        3,269  
Vehicles and aircraft
     1,198        211  
Furniture and fixtures
     319        95  
Construction
in-progress
     6,394        3,741  
  
 
 
    
 
 
 
Gross property and equipment
     79,238        48,261  
Accumulated depreciation and amortization
     (26,083      (14,135
  
 
 
    
 
 
 
Property and equipment, net
   $ 53,155      $ 34,126  
  
 
 
    
 
 
 
Depreciation and amortization expense of Property and equipment for the years ended December 31, 2021 and 2020 was $12.1 million and $7.4 million, respectively. Vehicles and aircraft includes utility automobiles used at our various facilities and purchased aircraft to support Part 135 operations and training.
Intangible Assets, Net
The intangible assets consist of the following:
 
    
December 31,
 
    
2021
    
2020
 
Automation Platform Software
   $ 7,200      $  —    
Multimodal Software Technology
     4,900        —    
System Simulation Software Technology
     4,600        —    
Other Intangibles
     1,655        —    
Gross intangible assets
     18,355        —    
  
 
 
    
 
 
 
Accumulated amortization
     (3,843      —    
  
 
 
    
 
 
 
Intangible assets, net
   $ 14,512      $ —    
  
 
 
    
 
 
 
Amortization expense related to intangible assets for the or the years ended December 31, 2021 and 2020 was $3.8 million and
nil
, respectively. As of December 31, 2021 the weighted-average amortization period of intangible assets was 3.57 years.
The following table presents the estimated future amortization expense of acquired amortizable intangible assets
as
of December 31, 2021 (in thousands):
 
Fiscal Year
  
Amount
 
2022
   $ 4,394  
2023
     4,394  
2024
     3,558  
2025
     2,166  
  
 
 
 
   $ 14,512  
  
 
 
 
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (in thousands):
 
    
December 31,
 
    
2021
    
2020
 
Prepaid equipment
   $ 2,923      $ 1,352  
Prepaid software
     4,494        1,076  
Prepaid taxes
     1,332        243  
Prepaid insurance
     8,031        156  
Other
     636        205  
  
 
 
    
 
 
 
Total
   $ 17,416      $ 3,032  
  
 
 
    
 
 
 
Other
Non-Current
Assets
Other
non-current
assets consist of the following (in thousands):
 
    
December 31,
 
    
2021
    
2020
 
Contractual agreements asset
   $ 59,611      $  —    
Long term prepaid insurance
     10,511        —    
Other
non-current
assets
     199        262  
    
 
 
    
 
 
 
Total
   $ 70,321      $ 262