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Deposits (current and non-current) and Other Current Assets
 3 Months Ended
Mar. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deposits (current and non-current) and Other Current Assets Deposits (current and non-current) and Other Current Assets
Deposits and other current assets consist of the following as of:
(in thousands)March 31, 2026December 31, 2025
Deposits
Deposits, current portion$13,758 $10,499 
Deposits, non-current portion (1)
12,119 12,457 
$25,877 $22,956 
March 31, 2026December 31, 2025
Other current assets
Prepaid expenses$5,645 $7,117 
Other current assets1,920 1,846 
$7,565 $8,963 
1) Non-current deposits presented as part of Other non-current assets in the Unaudited Condensed Consolidated Balance Sheets
Deposits for R&D, prototype and production parts, inventory, property and equipment, and other related items are classified as deposits until the related services are provided or goods are received, at which time the amounts are recognized as R&D expense, inventory, or property and equipment, as applicable.
Prepaid expenses primarily consist of software subscriptions and insurance, and Other current assets includes certain deferred expenses.