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Jet.AI Inc.: 10-Q filed 2024-08-14

What Jet.AI Inc. reported in its quarterly report filed 2024-08-14 (fiscal Q2 2024): 41 published measures, 114 facts as tagged in accession 0001493152-24-032244.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-14
Fiscal period
fiscal Q2 2024
Accession
0001493152-24-032244 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Jet.AI Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2024-06-304,174,134USD
At 2023-12-315,739,188USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2024-06-308,343,954USD
At 2023-12-319,675,227USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2024-06-30-4,169,820USD
At 2024-03-31-2,768,271USD
At 2023-12-31-3,936,039USD
At 2023-06-30-525,120USD
At 2023-03-31575,541USD
At 2022-12-31736,293USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2024-06-30528,117USD
At 2023-12-312,100,543USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-3,220,556USD91
2024-01-01 to 2024-06-30-6,449,605USD182
2024-01-01 to 2024-03-31-3,229,049USD91
2023-04-01 to 2023-06-30-2,448,704USD91
2023-01-01 to 2023-06-30-5,168,226USD181
2023-01-01 to 2023-03-31-2,719,522USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-01-01 to 2024-06-30-4,705,433USD182
2023-01-01 to 2023-06-30-1,919,226USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2023-01-01 to 2023-06-304,340USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2024-04-01 to 2024-06-303,083,884USD91
2024-01-01 to 2024-06-306,932,482USD182
2023-04-01 to 2023-06-302,792,808USD91
2023-01-01 to 2023-06-304,668,316USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-01-01 to 2024-06-303,146,028USD182
2023-01-01 to 2023-06-301,151,726USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-01-01 to 2024-06-30-13,021USD182
2023-01-01 to 2023-06-30-121,649USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2024-06-30-45,721,993USD
At 2023-12-31-39,272,388USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-04-01 to 2024-06-3012,906,352shares91
2024-01-01 to 2024-06-3012,224,502shares182
2023-04-01 to 2023-06-304,520,625shares91
2023-01-01 to 2023-06-304,511,751shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-04-01 to 2024-06-3012,906,352shares91
2024-01-01 to 2024-06-3012,224,502shares182
2023-04-01 to 2023-06-304,520,625shares91
2023-01-01 to 2023-06-304,511,751shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-0.25USD/shares91
2024-01-01 to 2024-06-30-0.53USD/shares182
2023-04-01 to 2023-06-30-0.54USD/shares91
2023-01-01 to 2023-06-30-1.15USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-0.25USD/shares91
2024-01-01 to 2024-06-30-0.53USD/shares182
2023-04-01 to 2023-06-30-0.54USD/shares91
2023-01-01 to 2023-06-30-1.15USD/shares181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2024-06-306,329USD
At 2023-12-317,604USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-04-01 to 2024-06-301,201,728USD91
2024-01-01 to 2024-06-302,401,046USD182
2023-04-01 to 2023-06-301,348,043USD91
2023-01-01 to 2023-06-302,755,087USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-3,220,615USD91
2024-01-01 to 2024-06-30-6,370,411USD182
2023-04-01 to 2023-06-30-2,448,704USD91
2023-01-01 to 2023-06-30-5,168,226USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2024-06-301,936,861USD
At 2023-12-313,187,153USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2024-06-305,881,430USD
At 2023-12-316,951,897USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2024-06-301,515,201USD
At 2023-12-311,656,965USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2024-06-30535,975USD
At 2023-12-3196,539USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2024-04-01 to 2024-06-302,803,619USD91
2024-01-01 to 2024-06-305,829,059USD182
2023-04-01 to 2023-06-302,247,881USD91
2023-01-01 to 2023-06-304,892,385USD181

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-416,996USD91
2024-01-01 to 2024-06-30-541,352USD182
2023-04-01 to 2023-06-30-200,823USD91
2023-01-01 to 2023-06-30-275,841USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2024-04-01 to 2024-06-303,500,880USD91
2024-01-01 to 2024-06-307,473,834USD182
2023-04-01 to 2023-06-302,993,631USD91
2023-01-01 to 2023-06-304,944,157USD181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2024-04-01 to 2024-06-3037,396USD91
2024-01-01 to 2024-06-3069,942USD182
2023-04-01 to 2023-06-3028,636USD91
2023-01-01 to 2023-06-3064,955USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2024-06-3014,755,144shares
At 2023-12-319,754,364shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2024-06-3041,557,422USD
At 2023-12-3135,342,098USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-06-301,312,332USD
At 2023-12-311,572,489USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-06-301,278,257USD
At 2023-12-311,531,364USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2024-06-3020,401USD
At 2023-12-3173,831USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2024-06-302,749,030USD
At 2023-12-312,417,115USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-3,220,556USD91
2024-01-01 to 2024-06-30-6,449,605USD182
2023-04-01 to 2023-06-30-2,448,704USD91
2023-01-01 to 2023-06-30-5,168,226USD181

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-3,250,283USD91
2024-01-01 to 2024-06-30-6,509,060USD182
2023-04-01 to 2023-06-30-2,448,704USD91
2023-01-01 to 2023-06-30-5,168,226USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2024-04-01 to 2024-06-302,663,753USD91
2024-01-01 to 2024-06-305,210,047USD182
2023-04-01 to 2023-06-302,115,704USD91
2023-01-01 to 2023-06-304,603,722USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2024-01-01 to 2024-06-3067,626USD182
2023-01-01 to 2023-06-3067,192USD181

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2024-01-01 to 2024-06-3079,314USD182

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-04-01 to 2024-06-3059USD91
2024-01-01 to 2024-06-30-79,194USD182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2024-01-01 to 2024-06-3079,314USD182

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-01-01 to 2024-06-301,727,279USD182
2023-01-01 to 2023-06-301,588,695USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-06-30439,436USD182

Inspect the source

Entity
Jet.AI Inc. / CIK 0001861622
Captured
2026-09-21T17:33:26.532Z
SEC response SHA-256
c0efb1f5e173e15e84cda58de966bfd18609808598f0dd98df08ed8d0ec6c873

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001861622.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))