JTAI · XBRL financial data

Jet.AI financial statements, every quarter

The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (JTAI's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24†Nov 12, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25†Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	3,367	4,179*	3,849	3,084	—	3,173*	3,475	2,226	1,711	1,766*	1,681	5,320
Cost of revenue	3,197	4,252*	3,973	3,501	—	3,582*	3,590	2,336	1,999	1,552*	1,915	5,504
Gross profit	170	(73)*	(124)	(417)	—	(409)*	(116)	(110)	(288)	214*	(234)	(184)
Research and development	49	47*	33	37	—	54*	109	41	39	55*	99	55
General and administrative	4,231	2,762*	2,546	2,664	—	2,795*	2,652	2,247	1,408	2,439*	2,226	2,154
Total operating expenses	4,437	3,003*	3,025	2,804	—	2,905*	3,056	2,370	1,748	2,597*	2,631	2,499
Operating income (loss)	(4,267)	(3,076)*	(3,150)	(3,221)	—	(3,314)*	(3,171)	(2,480)	(2,036)	(2,382)*	(2,866)	(2,683)
Interest expense	24	80*	79	0*	—	88*	—	—	—	—	—	—
Other income (expense)	0	0*	—	—	—	—	—	—	—	—	—	—
Income tax expense (benefit)	—	year only	—	—	—	—	—	—	—	—	—	—
Net income (loss)	(4,291)	(3,158)*	(3,229)	(3,221)	—	(3,402)*	(3,170)	(2,385)	(1,966)	12,110*	(2,681)	(2,277)
Earnings per share, basic USD per share	(0.61)	—	(0.28)	(0.25)	—	—	(1.85)	(0.92)	(0.59)	—	(6.68)	(1.72)
Earnings per share, diluted USD per share	(0.61)	—	(0.28)	(0.25)	—	—	(1.85)	(0.92)	(0.59)	—	(6.68)	(1.72)
Weighted average shares, basic thousands of shares	7,018	—	11,441	12,906	—	—	1,711	2,584	3,335	—	401	1,326
Weighted average shares, diluted thousands of shares	7,018	—	11,441	12,906	—	—	1,711	2,584	3,335	—	401	1,326

† Share count changed about 1/31 in the period ending 2024-11-12, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 30x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/84 in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Balance sheet

CSV

Fiscal quarters (JTAI's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24†Nov 12, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25†Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	904	2,101	596	528	—	5,873	12,245	8,266	3,475	1,820	13,498	10,609
Accounts receivable	206	97	163	536	—	132	399	112	195	97	319	85
Total current assets	2,068	3,187	3,163	1,937	—	6,363	12,981	8,659	6,872	2,166	14,032	10,875
Property and equipment, net	8	8	7	6	—	5	4	4	3	3	2	1
Right-of-use asset	1,701	1,572	1,443	1,312	—	1,048	915	780	645	509	371	—
Total assets	4,761	5,739	5,565	4,174	—	10,797	18,459	14,465	12,892	25,684	39,406	42,087
Accounts payable	2,881	1,657	1,386	1,515	—	280	552	367	903	1,621	1,352	809
Accrued liabilities	826	2,417	2,444	2,749	—	1,663	2,109	1,363	1,688	1,149	1,251	1,025
Total current liabilities	6,166	6,952	5,740	5,881	—	3,789	4,473	2,911	3,572	3,709	3,431	2,104
Lease liability, non-current	1,150	1,021	891	761	—	496	362	227	91	—	—	—
Total liabilities	9,018	9,675	8,333	8,344	—	4,285	4,835	3,138	3,663	3,709	—	—
Accumulated deficit	(36,115)	(39,272)	(42,501)	(45,722)	—	(52,546)	(55,716)	(58,101)	(60,067)	(47,957)	(50,638)	(52,914)
Total stockholders' equity	(4,257)	(3,936)	(2,768)	(4,170)	—	6,512	13,624	11,327	9,229	21,975	35,975	39,984
Total liabilities and equity	4,761	5,739	5,565	4,174	—	10,797	18,459	14,465	12,892	25,684	39,406	42,087
Common shares outstanding (cover page) thousands of shares	9,015	12,205	12,721	24,577	781	2,187	2,551	3,261	3,927	119,210	1,422	3,558

† Share count changed about 1/31 in the period ending 2024-11-12, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 30x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/84 in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Cash flows

CSV

Fiscal quarters (JTAI's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24†Nov 12, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25†Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(4,291)	(3,158)*	(3,229)	(3,221)	—	(3,402)*	(3,170)	(2,385)	(1,966)	12,110*	(2,681)	(2,277)
Stock-based compensation	2,669	1,222*	1,199	1,202	—	573*	551	763	176*	136*	64	64
Depreciation and amortization	34*	34*	34	34*	—	—	—	—	—	—	—	—
Net cash from operating activities	(2,553)*	(1,039)*	(2,521)	(2,185)*	—	(3,385)*	(2,180)	(2,805)*	(3,932)*	692*	(3,039)	(2,660)*
Purchases of property and equipment	(0)*	0*	—	—	—	year only	—	—	—	—	—	—
Net cash from investing activities	(48)*	(21)*	(13)	(0)*	—	(2,396)*	(1,177)	(500)*	(551)*	(2,847)*	(1,900)	(6,450)*
Proceeds from issuing common stock	19*	1,222*	1,110	617*	—	10,123*	—	—	—	year only	19,814	7,908*
Net cash from financing activities	1,139*	2,257*	1,029	2,117*	—	11,342*	9,730	(675)*	(307)*	499*	16,617	6,221*
Net change in cash	(432)*	1,197*	(1,505)	(67)*	—	5,561*	6,373	(3,980)*	(4,790)*	(1,656)*	11,678	(2,889)*

† Share count changed about 1/31 in the period ending 2024-11-12, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 30x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/84 in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Compare with peers

SIC 4522 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 4522 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (4522) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Jet.AI	10,609	5,320	(2,660)*	3.6M	4.0 quarters	Q2 FY26 10-QJun 30, 2026
Flyexclusive	14,236	111,124	2,746*	49.9M	—	Q2 FY26 10-QJun 30, 2026
Volato Group	0	152	(282)*	53.6M	—	Q2 FY26 10-QJun 30, 2026
Wheels Up Experienceadded: same SIC	86,309	181,999	(91,629)*	36.3M	0.9 quarters	Q2 FY26 10-QJun 30, 2026
Surf Air Mobilityadded: same SIC	18,429	not reported	(1,155)*	119.1M	16.0 quarters	Q2 FY26 10-QJun 30, 2026
Creatdadded: same SIC	335	174	not reported	3.3M	—	Q2 FY26 10-QJun 30, 2026
Bristow Groupadded: same SIC	312,297	411,755	41,076*	29.6M	—	Q2 FY26 10-QJun 30, 2026
Star Jets Internationaladded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.