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Segment Reporting
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company has one operating and reportable segment - Development and Manufacturing of Electric Aircraft. The Company determined its reportable segment based on how the chief operating decision maker (“CODM”) evaluates the business. Substantially all of the Company’s fixed assets are located and its revenues are generated in the United States. The Company’s foreign operations primarily consist of expenses associated with engineering and related supporting administrative services.
The Company’s CODM is its Chief Executive Officer. During the first quarter of 2026, the Company changed the presentation of the financial information regularly provided to the CODM to evaluate segment performance and inform business decisions. The CODM reviews forecasted-to-actual segment loss for purposes of making operating decisions, allocating resources, and evaluating financial performance. The CODM does not use any segment asset measures to assess performance and decide how to allocate resources.
The Company’s prior-period segment amounts have been recast in the table below to conform to the new presentation of significant expenses. A reconciliation of segment loss to net loss was as follows (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026
20252026
2025
Revenues$17,672 $8,918 $42,463 $24,483 
Cost of revenues4,720 2,667 15,176 5,484 
Gross profit12,952 6,251 27,287 18,999 
Pre-production manufacturing36,247 25,673 127,363 80,655 
General and administrative37,723 19,290 99,809 55,830 
Research and development29,721 24,348 88,039 71,928 
Other segment items(1)
6,710 4,515 16,581 11,274 
Segment loss(97,449)(67,575)(304,505)(200,688)
Unallocated items:
Depreciation and amortization6,896 5,794 19,369 16,314 
Stock-based compensation11,055 5,205 49,145 16,819 
Warrant expense5,760 308 17,091 308 
Other unallocated items(2)
(2,041)358,332 71 361,780 
Net loss$(119,119)$(437,214)$(390,181)$(595,909)
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(1)Includes selling, marketing, shipping, and freight expenses.
(2)Includes loss on issuance of convertible preferred stock, acquisition-related expense, asset disposal and other related costs, interest income/expense, IPO costs, and provision for income taxes.