Jet.AI Inc. financial data

Symbol
JTAI, JTAIW, JTAIZ on Nasdaq
Industry
Air Transportation, Nonscheduled
Location
10845 Griffith Peak Dr.,, Suite 200, Las Vegas, NV
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Oxbridge Acquisition Corp. (to 8/11/2023)
Latest financial report
10-K/A - Q4 2023 - Aug 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 41.9 %
Debt-to-equity -234 % -125%
Return On Equity 367 %
Return On Assets -275 % -547%
Operating Margin -94.7 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24.6M shares
Common Stock, Shares, Outstanding 14.8M shares
Common Stock, Value, Issued 1.48K USD
Weighted Average Number of Shares Outstanding, Basic 12.9M shares +185%
Weighted Average Number of Shares Outstanding, Diluted 12.9M shares +185%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 14.5M USD +10.4%
Cost of Revenue 14.9M USD +16.9%
Research and Development Expense 166K USD +30.6%
Selling and Marketing Expense 899K USD -1.03%
General and Administrative Expense 12.2M USD -11%
Operating Income (Loss) -13.7M USD -7.35%
Nonoperating Income (Expense) 59 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.9M USD -31.5%
Net Income (Loss) Attributable to Parent -13.9M USD +11.9%
Earnings Per Share, Basic -1.29 USD/shares +59.6%
Earnings Per Share, Diluted -1.29 USD/shares +53.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 528K USD +2557%
Accounts Receivable, after Allowance for Credit Loss, Current 536K USD
Other Assets, Current 72.8K USD
Assets, Current 1.94M USD
Property, Plant and Equipment, Net 6.33K USD
Operating Lease, Right-of-Use Asset 1.31M USD
Intangible Assets, Net (Excluding Goodwill) 20.4K USD
Assets 4.17M USD -68.3%
Accounts Payable, Current 1.52M USD
Accrued Liabilities, Current 2.75M USD +569%
Liabilities, Current 5.88M USD
Operating Lease, Liability, Noncurrent 761K USD
Liabilities 8.34M USD +49.4%
Retained Earnings (Accumulated Deficit) -45.7M USD -727%
Stockholders' Equity Attributable to Parent -4.17M USD -694%
Liabilities and Equity 4.17M USD -68.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.52M USD -111%
Net Cash Provided by (Used in) Financing Activities 1.03M USD -10.7%
Net Cash Provided by (Used in) Investing Activities -12.9K USD +86.2%
Common Stock, Shares Authorized 55M shares -6.78%
Common Stock, Shares, Issued 14.8M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.5M USD -1024%
Interest Paid, Excluding Capitalized Interest, Operating Activities 79.3K USD
Deferred Tax Assets, Valuation Allowance 2.53M USD +71.8%
Operating Lease, Liability 1.28M USD
Lessee, Operating Lease, Liability, to be Paid 1.33M USD
Operating Lease, Liability, Current 518K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 503K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 549K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 48.5K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 503K USD
Deferred Tax Assets, Operating Loss Carryforwards 2.53M USD +71.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 4M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 503K USD
Additional Paid in Capital 41.6M USD
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 33.8K USD +0.65%
Share-based Payment Arrangement, Expense 1.2M USD -14.8%
Interest Expense 79.3K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%