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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4.16	12.67	21.11	1.72	0.01	0.72
Cash & Short-Term Investments	4.16	12.67	21.11	1.72	0.01	0.72
Cash Growth	-37.16%	-39.96%	1127.15%	28566.67%	-99.17%	-90.28%
Accounts Receivable	3.71	3.93	4.26	4.97	0.16	0.02
Other Current Assets	13.19	14.32	8.51	11.05	7.76	1.2
Total Current Assets	21.06	30.92	33.88	17.74	7.92	1.94
Net Property, Plant & Equipment	59.49	58.91	60.37	60.15	1.77	0.7
Other Intangible Assets	19.33	20.07	23.12	26.66	1.29	4.07
Other Long-Term Assets	20.95	21.78	6.69	6.44	2.72	4.92
Total Assets	120.83	131.68	124.06	110.99	13.7	7.56
Accounts Payable	21.14	18.44	17.98	18.85	12.89	14.04
Accrued Expenses	41.29	47.7	45.5	59.58	14.74	13.2
Current Portion of Long-Term Debt	47.61	44.99	2.54	5.18	-	11.79
Current Portion of Leases	3.92	3.91	4.39	4.32	0.9	-
Unearned Revenue	18.59	17.92	17.39	19.01	7.82	5.16
Other Current Liabilities	0.38	0.65	1.82	33.17	21.04	11.38
Total Current Liabilities	132.93	133.61	89.61	140.11	57.4	55.58
Long-Term Debt	27.89	39.67	117.69	22.29	13.39	0.41
Long-Term Leases	8.4	9.38	12.49	6.64	24.57	-
Other Long-Term Liabilities	8.21	3.87	24.27	19.43	9.76	5.91
Total Long-Term Liabilities	44.5	52.93	154.45	48.36	47.72	6.32
Total Liabilities	177.42	186.54	244.06	188.47	105.12	61.89
Preferred Stock	-	-	-	-	3.41	3.29
Common Stock	0.01	0.01	0	0	0	0.19
Additional Paid-in Capital	745.06	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	745.07	-54.86	-120	-77.49	-222.09	-173.03
Minority Interest	6.6	-	-	-	130.67	118.69
Shareholders' Equity	751.67	-54.86	-120	-77.49	-91.42	-54.33
Total Liabilities & Equity	120.83	131.68	124.06	110.99	13.7	7.56
Total Debt	87.82	97.96	137.1	38.43	38.86	12.2
Net Cash (Debt)	-83.65	-85.28	-116	-36.71	-38.86	-11.48
Net Cash Per Share	-1.67	-2.43	-8.98	-6.51	-6.89	-0.77
Book Value	745.07	-54.86	-120	-77.49	-222.09	-173.03
Book Value Per Share	14.90	-1.56	-9.29	-13.74	-39.39	-11.62
Tangible Book Value	725.74	-74.92	-143.12	-104.15	-223.38	-177.09
Tangible Book Value Per Share	14.51	-2.13	-11.09	-18.47	-39.62	-11.89

SEC Filings: 10-K · 10-Q