v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 88,125 $ 79,972
Costs and expenses    
Cost of revenue 76,825 74,234
Selling, general and administrative 20,990 25,183
Depreciation and amortization 6,251 6,491
(Gain) loss on aircraft sales and aircraft held for sale (1,205) 1,489
Total costs and expenses 102,861 107,397
Loss from operations (14,736) (27,425)
Other income (expense)    
Interest income 703 1,278
Interest expense (5,388) (4,655)
Change in fair value of warrant liabilities 569 (2,780)
Loss on extinguishment of debt (4,161) 0
Other income (expense) (34) 592
Total other income (expense), net (8,311) (5,565)
Loss before income taxes (23,047) (32,990)
Income tax benefit 0 0
Net loss (23,047) (32,990)
Less: Net loss attributable to redeemable noncontrolling interests (17,558) (21,699)
Less: Net loss attributable to noncontrolling interests (40) (5,450)
Net loss attributable to flyExclusive, Inc. (5,449) (5,841)
Net loss attributable to common stockholders $ (7,448) $ (6,126)
Basic Earnings (Loss) Per Share $ (0.3) $ (0.35)
Diluted Earnings (Loss) Per Share $ (0.3) $ (0.35)
Weighted Average Common Shares Outstanding (Basic) 25,156,561 17,305,720
Weighted Average Common Shares Outstanding (Diluted) 25,156,561 17,305,720
Other comprehensive loss    
Net loss attributable to flyExclusive, Inc. $ (5,449) $ (5,841)
Unrealized gains (losses) on available-for-sale debt securities 54 (169)
Comprehensive loss attributable to flyExclusive, Inc. (5,395) (6,010)
Series A Preferred Stock    
Other income (expense)    
Preferred Dividends (1,007) (285)
Series B Preferred stock    
Other income (expense)    
Preferred Dividends $ (992) $ 0

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