Think, McFly! How did Lexus make this real, working hoverboard?

Ever since Back to the Future Part II came out, would-be Marty McFlys have hoped to get their hands – and their self-lacing Nikes – on a real flying hoverboard. The closest we've gotten is a California company's $10,000 prototype or Mattel's $439 plastic replica that comes with the disheartening product description "Does Not Fly." And then Lexus released this video.

The luxury car manufacturer has released a :37 teaser clip (and a related hashtag, natch) of the SLIDE, a working hoverboard that appears to float an inch off the ground. The promo video shows a skateboarder weaving through a skatepark, then abandoning his board when he sees the SLIDE quietly smoking above the concrete. He puts one foot on the board and...cut to #LEXUSHOVER (This is why they call it a teaser, apparently).

According to Lexus' own Amazing in Motion website, the Lexus hoverboard – which does come complete with a Lexus logo embossed in its natural bamboo deck – uses "magnetic levitation to achieve amazing frictionless movement." The hoverboard floats thanks to a combination of powerful magnets and "liquid nitrogen cooled superconductors," technology that can already be found in Japan's record-setting magnetic levitation train.

The SLIDE hoverboard appears to be real enough, and Lexus confirmed to Gizmodo that it has been in development for the past 18 months and is currently being tested by a Barcelona-based professional skateboarder (just in case you didn't know who to be jealous of today). But Lexus also admitted that the skatepark seen in the video wasn't just your average slab of concrete; the SLIDE only works on metallic surfaces, which makes sense, given its magnetic components. Regardless, we'll be eagerly awaiting the next SLIDE update. At least there's no fine print that says "Does not fly."