Surf Air Mobility Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	12.67	21.11	1.72	0.01	0.72
Cash & Short-Term Investments	12.67	21.11	1.72	0.01	0.72
Cash Growth	-39.96%	1127.15%	28566.67%	-99.17%	-90.28%
Accounts Receivable	3.93	4.26	4.97	0.16	0.02
Other Current Assets	14.32	8.51	11.05	7.76	1.2
Total Current Assets	30.92	33.88	17.74	7.92	1.94
Net Property, Plant & Equipment	58.91	60.37	60.15	1.77	0.7
Other Intangible Assets	20.07	23.12	26.66	1.29	4.07
Other Long-Term Assets	21.78	6.69	6.44	2.72	4.92
Total Assets	131.68	124.06	110.99	13.7	7.56
Accounts Payable	18.44	17.98	18.85	12.89	14.04
Accrued Expenses	47.7	45.5	59.58	14.74	13.2
Current Portion of Long-Term Debt	44.99	2.54	5.18	-	11.79
Current Portion of Leases	3.91	4.39	4.32	0.9	-
Unearned Revenue	17.92	17.39	19.01	7.82	5.16
Other Current Liabilities	0.65	1.82	33.17	21.04	11.38
Total Current Liabilities	133.61	89.61	140.11	57.4	55.58
Long-Term Debt	39.67	117.69	22.29	13.39	0.41
Long-Term Leases	9.38	12.49	6.64	24.57	-
Other Long-Term Liabilities	3.87	24.27	19.43	9.76	5.91
Total Long-Term Liabilities	52.93	154.45	48.36	47.72	6.32
Total Liabilities	186.54	244.06	188.47	105.12	61.89
Preferred Stock	-	-	-	3.41	3.29
Common Stock	0.01	0	0	0	0.19
Additional Paid-in Capital	733.14	557.44	525.05	126.34	100.97
Retained Earnings	-788	-677.44	-602.54	-351.84	-277.48
Total Common Shareholders' Equity	-54.86	-120	-77.49	-222.09	-173.03
Minority Interest	-	-	-	130.67	118.69
Shareholders' Equity	-54.86	-120	-77.49	-91.42	-54.33
Total Liabilities & Equity	131.68	124.06	110.99	13.7	7.56
Total Debt	97.96	137.1	38.43	38.86	12.2
Net Cash (Debt)	-85.28	-116	-36.71	-38.86	-11.48
Net Cash Per Share	-2.43	-8.98	-6.51	-6.89	-0.77
Book Value	-54.86	-120	-77.49	-222.09	-173.03
Book Value Per Share	-1.56	-9.29	-13.74	-39.39	-11.62
Tangible Book Value	-74.92	-143.12	-104.15	-223.38	-177.09
Tangible Book Value Per Share	-2.13	-11.09	-18.47	-39.62	-11.89

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q