Subsequent Events |
6 Months Ended |
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Jun. 30, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events On July 27, 2026, the Company committed to purchase three aircraft for an aggregate purchase price of $32.4 million. As part of this commitment, the Company made a non-refundable security deposit of approximately $0.6 million. As of the date of issuance of these financial statements, definitive purchase agreements had not been executed.
On July 30, 2026, Cobra Aviation entered into two separate purchase agreements with a third‑party seller to purchase two auxiliary power units (“APUs”) for aggregate consideration of approximately $7.1 million. In connection with these agreements, the Company made a non-refundable deposit of approximately $0.4 million. On July 31, 2026, the Company completed the purchase of one of the APUs for approximately $3.6 million.
On July 31, 2026, Stingray Rentals committed to purchase rental equipment of approximately $7.2 million.
On August 7, 2026, Cobra Aviation committed to sell an aircraft engine for $7.7 million.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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