Prepaid Expenses and Other Current Assets (Tables)

12 Months Ended

Dec. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

(in thousands)	December 31, 2023		December 31, 2022
Prepaid vendor expenses	$	2,520	$	1,717
Prepaid insurance	446		1,894
Capitalized transaction costs*	—		1,233
Prepaid directors and officers insurance	2,518		—
Prepaid maintenance	60		181
Prepaid non-aircraft subscriptions	113		135
MRO revenue in excess of billings	581		292
Deferred commission	514		413
	$	6,752	$	5,865

*The capitalized transaction costs consist of advisory, legal, and other professional fees that are specific incremental costs directly attributable to the offering of securities associated with the Closing of the Merger. On the Closing Date, these capitalized transaction costs were reclassified from prepaid expenses and other current assets to a reduction to additional paid-in capital.