Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Property, Plant and Equipment, Net

The table below summarizes depreciable lives by asset category:

	Estimated Useful Life
Aircraft, engines and rotable parts	1,500 – 6,000 flight hours
Vehicles and equipment	3 – 5 years
Buildings	50 years
Leasehold improvements	27 – 29 years

Property, plant and equipment, net consist of the following:

	As of December 31,
$s in thousands	2024		2023
Aircraft	$	185,877	$	184,290
Less: Accumulated depreciation	(38,210)		(25,121)
Aircraft, net	147,667		159,169
Leasehold improvements	35,504		34,824
Buildings	1,054		1,117
Vehicles and equipment	5,921		4,870
Capitalized software and development costs	35		—
Construction-in-progress - Leasehold improvements	5		5
Finance lease right-of-use-asset	101		121
Licenses	235		235
Less: Accumulated depreciation	(6,753)		(3,730)
Buildings and equipment, net	36,102		37,442
Total property, plant and equipment, net	$	183,769	$	196,611

Schedule of Contract Asset

Net contract assets are as follows:

	As of December 31,
$s in thousands	2024
Contract assets	$	1,746
Contract liabilities	858
Net contract assets	$	888

Schedule of Disaggregation of Revenue

Revenue Disaggregation

The following table presents the disaggregation of revenue by service:

	For the years Ended December 31,
$s in thousands	2024		2023
Fire suppression	$	66,765	$	56,022
Aerial surveillance	13,062		9,730
MRO	13,918		48
Other services	4,868		908
Total revenues	$	98,613	$	66,708

	For the Years Ended December 31,
$s in thousands	2024		2023
United States	$	88,527	$	49,486
Spain	10,086		48
Canada	—		17,174
Total revenues	$	98,613	$	66,708