v3.25.1
Prepaid Expenses and Other Current Assets (Tables)
12 Months Ended
Dec. 31, 2024
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,

2024

 

 

 

December 31,

2023

 

Prepaid vendor expenses

 

$

3,239

 

 

$

2,520

 

Prepaid insurance

 

 

690

 

 

 

446

 

Prepaid directors and officers insurance

 

 

2,032

 

 

 

2,518

 

Prepaid maintenance

 

 

154

 

 

 

60

 

Prepaid non-aircraft subscriptions

 

 

407

 

 

 

113

 

MRO revenue in excess of billings

 

 

326

 

 

 

581

 

Deferred commission

 

 

923

 

 

 

514

 

 

 

$

7,771

 

 

$

6,752