Surf Air Mobility Inc. (SRFM)

Surf Air Mobility Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.51	1.72	0.01	0.72	7.4
Cash & Short-Term Investments	0.51	1.72	0.01	0.72	7.4
Cash Growth	-91.45%	28566.67%	-99.17%	-90.28%	-
Receivables	4.36	4.97	0.16	0.02	0.16
Prepaid Expenses	2.71	11.05	7.76	1.2	0.81
Total Current Assets	14.18	17.74	7.92	1.94	8.37
Property, Plant & Equipment	53.97	60.15	1.77	0.7	0.6
Other Intangible Assets	24	26.66	1.29	1.94	2.5
Other Long-Term Assets	5.73	6.44	2.72	2.98	0.24
Total Assets	97.88	110.99	13.7	7.56	11.71
Accounts Payable	26.88	18.85	12.89	14.04	8.79
Accrued Expenses	57.36	53.29	13.43	13.2	8.08
Short-Term Debt	5.84	3	0.15	0.11	0.16
Current Portion of Long-Term Debt	4.82	12.89	15.95	23.06	19.99
Current Portion of Leases	4.34	6.01	0.9	-	-
Current Unearned Revenue	14.69	19.01	7.82	5.16	3.08
Other Current Liabilities	19.18	27.06	6.26	-	3.47
Total Current Liabilities	133.1	140.11	57.4	55.58	43.57
Long-Term Debt	25.74	20.62	37.71	0.41	0.4
Long-Term Leases	53.23	8.32	0.25	-	-
Other Long-Term Liabilities	18.72	19.43	9.76	5.91	5.7
Total Liabilities	233.49	188.47	105.12	61.89	49.66
Common Stock	0	0.01	0	0.19	0.15
Additional Paid-In Capital	543.1	525.04	126.34	100.97	96.07
Retained Earnings	-678.71	-602.54	-351.84	-277.48	-241.69
Comprehensive Income & Other	-	-	-	-	0.64
Total Common Equity	-135.61	-77.49	-225.5	-176.32	-144.83
Shareholders' Equity	-135.61	-77.49	-91.42	-54.33	-37.96
Total Liabilities & Equity	97.88	110.99	13.7	7.56	11.71
Total Debt	93.97	50.83	54.96	23.58	20.55
Net Cash (Debt)	-93.46	-49.11	-54.95	-22.86	-13.15
Net Cash Per Share	-8.06	-8.71	-28.51	-0.83	-0.88
Filing Date Shares Outstanding	15.51	11.54	39.96	26.57	14.89
Total Common Shares Outstanding	13.49	10.88	39.96	26.57	14.89
Working Capital	-118.93	-122.38	-49.48	-53.64	-35.2
Book Value Per Share	-10.05	-7.12	-5.64	-6.64	-9.73
Tangible Book Value	-159.61	-104.15	-226.79	-178.26	-147.32
Tangible Book Value Per Share	-11.83	-9.57	-5.68	-6.71	-9.90
Machinery	44.88	45.38	0.26	0.24	0.15
Leasehold Improvements	2.26	2.48	0.66	0.62	1.26

Source: S&P Capital IQ. Standard template. Financial Sources.