| Balance Sheet Components |
Note 6. Balance Sheet Components Property and Equipment, Net Property and equipment, net consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|
|
|
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 |
|
| |
|
|
|
|
|
|
|
|
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.
The intangible assets consist of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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):
|
|
|
|
|
|
|
|
|
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):
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
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 consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Contractual agreements asset |
|
$ |
59,611 |
|
|
$ |
— |
|
| Long term prepaid insurance |
|
|
10,511 |
|
|
|
— |
|
| |
|
|
199 |
|
|
|
262 |
|
| |
|
|
|
|
|
|
|
|
| Total |
|
$ |
70,321 |
|
|
$ |
262 |
|
| |
|
|
|
|
|
|
|
|
|