Jet.AI Inc. financial data

Symbol
JTAI on Nasdaq
Industry
Air Transportation, Nonscheduled
Location
10845 Griffith Peak Dr.,, Suite 200, Las Vegas, NV
State of incorporation
DE
Fiscal year end
December 31
Former names
Oxbridge Acquisition Corp. (to 8/11/2023)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 37.6 %
Debt-to-equity -218 % +69%
Return On Equity 314 % -84.9%
Return On Assets -265 % -31.8%
Operating Margin -82 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 781K shares -91%
Common Stock, Shares, Outstanding 149K shares -98.4%
Entity Public Float 12.9M USD -88.8%
Common Stock, Value, Issued 14 USD -98.5%
Weighted Average Number of Shares Outstanding, Basic 78.5K shares +152%
Weighted Average Number of Shares Outstanding, Diluted 78.5K shares +152%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 15M USD +16.3%
Cost of Revenue 15.7M USD +23%
Research and Development Expense 155K USD -22.3%
Selling and Marketing Expense 826K USD -46.9%
General and Administrative Expense 10.7M USD -29%
Operating Income (Loss) -12.3M USD +18.1%
Nonoperating Income (Expense) 56 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12.5M USD +32.8%
Net Income (Loss) Attributable to Parent -12.5M USD +30.9%
Earnings Per Share, Basic 92.4 USD/shares +68.1%
Earnings Per Share, Diluted 92.4 USD/shares +68.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 312K USD -65.5%
Accounts Receivable, after Allowance for Credit Loss, Current 168K USD -18.6%
Other Assets, Current 78.4K USD -50.4%
Assets, Current 1.19M USD -42.6%
Property, Plant and Equipment, Net 5.69K USD -30.9%
Operating Lease, Right-of-Use Asset 1.18M USD -30.6%
Intangible Assets, Net (Excluding Goodwill) 86.7K USD +1.41%
Assets 3.36M USD -29.5%
Accounts Payable, Current 1.83M USD -36.5%
Accrued Liabilities, Current 3.05M USD +269%
Liabilities, Current 6.61M USD +7.16%
Operating Lease, Liability, Noncurrent 629K USD -45.3%
Liabilities 8.39M USD -7.01%
Retained Earnings (Accumulated Deficit) -49.1M USD -36.1%
Stockholders' Equity Attributable to Parent -5.03M USD -18.1%
Liabilities and Equity 3.36M USD -29.5%

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 200M shares +264%
Common Stock, Shares, Issued 149K shares -98.4%
Common Stock, Par or Stated Value Per Share 18 USD/shares 0%
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 1.15M USD -30.6%
Payments to Acquire Property, Plant, and Equipment 4.34K USD
Lessee, Operating Lease, Liability, to be Paid 1.19M USD -36.6%
Operating Lease, Liability, Current 522K USD +3.04%
Lessee, Operating Lease, Liability, to be Paid, Year Two 503K USD -8.33%
Lessee, Operating Lease, Liability, to be Paid, Year One 549K USD +100%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 39.2K USD -82.1%
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 -100%
Preferred Stock, Shares Authorized 4M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 503K USD
Additional Paid in Capital 44.1M USD +38.5%
Preferred Stock, Shares Outstanding 0 shares -100%
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%