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	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 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	9.31	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	26.79	18.85	12.89	14.04	8.79
Accrued Expenses	72.86	53.29	13.43	13.2	8.08
Short-Term Debt	0.02	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	3.97	6.01	0.9	-	-
Current Unearned Revenue	14.69	19.01	7.82	5.16	3.08
Other Current Liabilities	9.95	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	4.23	8.32	0.25	-	-
Other Long-Term Liabilities	70.42	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	38.78	50.83	54.96	23.58	20.55
Net Cash (Debt)	-38.28	-49.11	-54.95	-22.86	-13.15
Net Cash Per Share	-3.30	-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	-	45.38	0.26	0.24	0.15
Leasehold Improvements	-	2.48	0.66	0.62	1.26

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