Quarterly report pursuant to Section 13 or 15(d)

Divestitures

v3.24.3
Divestitures
9 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Divestitures Divestitures
On July 13, 2023, the Company sold all of the equity interest in its subsidiary Air Rescue Systems Corporation (“ARS”) for $3.3 million in cash. The Company recognized a gain of $2.1 million on the sale, which is included in “other (expense) income, net” on the unaudited condensed consolidated statements of comprehensive (loss) income.