Surf Air Mobility Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1.46	1.72	0.01	0.72	7.4
Cash & Short-Term Investments	1.46	1.72	0.01	0.72	7.4
Cash Growth	-35.65%	28566.67%	-99.17%	-90.28%	-
Receivables	4.49	4.97	0.16	0.02	0.16
Prepaid Expenses	2.88	11.05	7.76	1.2	0.81
Total Current Assets	15.88	17.74	7.92	1.94	8.37
Property, Plant & Equipment	58.84	60.15	1.77	0.7	0.6
Other Intangible Assets	24.89	26.66	1.29	1.94	2.5
Other Long-Term Assets	5.95	6.44	2.72	2.98	0.24
Total Assets	105.55	110.99	13.7	7.56	11.71
Accounts Payable	26.5	18.85	12.89	14.04	8.79
Accrued Expenses	69.32	53.29	13.43	13.2	8.08
Short-Term Debt	2.02	3	0.15	0.11	0.16
Current Portion of Long-Term Debt	12.94	12.89	15.95	23.06	19.99
Current Portion of Leases	5.04	6.01	0.9	-	-
Current Unearned Revenue	17.07	19.01	7.82	5.16	3.08
Other Current Liabilities	53.95	27.06	6.26	-	3.47
Total Current Liabilities	186.84	140.11	57.4	55.58	43.57
Long-Term Debt	18.35	20.62	37.71	0.41	0.4
Long-Term Leases	5.96	8.32	0.25	-	-
Other Long-Term Liabilities	19.39	19.43	9.76	5.91	5.7
Total Liabilities	233.64	188.47	105.12	61.89	49.66
Common Stock	0.01	0.01	0	0.19	0.15
Additional Paid-In Capital	538.39	525.04	126.34	100.97	96.07
Retained Earnings	-666.48	-602.54	-351.84	-277.48	-241.69
Comprehensive Income & Other	-	-	-	-	0.64
Total Common Equity	-128.09	-77.49	-225.5	-176.32	-144.83
Shareholders' Equity	-128.09	-77.49	-91.42	-54.33	-37.96
Total Liabilities & Equity	105.55	110.99	13.7	7.56	11.71
Total Debt	44.3	50.83	54.96	23.58	20.55
Net Cash (Debt)	-42.84	-49.11	-54.95	-22.86	-13.15
Net Cash Per Share	-4.15	-8.71	-28.51	-0.83	-0.88
Filing Date Shares Outstanding	12.83	11.54	39.96	26.57	14.89
Total Common Shares Outstanding	12.43	10.88	39.96	26.57	14.89
Working Capital	-170.97	-122.38	-49.48	-53.64	-35.2
Book Value Per Share	-10.30	-7.12	-5.64	-6.64	-9.73
Tangible Book Value	-152.98	-104.15	-226.79	-178.26	-147.32
Tangible Book Value Per Share	-12.30	-9.57	-5.68	-6.71	-9.90
Machinery	47.36	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.