Quarterly report pursuant to Section 13 or 15(d)

Vehicles, net

v3.22.1
Vehicles, net
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Vehicles, net Vehicles, net
The Company’s vehicles, net balance consists of the following (in thousands):
  March 31,
2022
December 31,
2021
Deployed vehicles $ 111,886  $ 93,192 
Undeployed vehicles 76,304  46,867 
Spare parts 24,066  10,009 
Less: Accumulated depreciation (39,072) (31,119)
Total vehicles, net $ 173,184  $ 118,949 
Depreciation expense relating to vehicles was $8.9 million and $5.0 million for the three months ended March 31, 2022 and 2021, respectively.