Jet.Ai Inc - Understand $jtai stock

$JTAI Market Cap: $3.244 Million

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Financial Snapshot

Revenue

$14.48M

TTM

Gross Margin

-3.36%

TTM

Net Earnings

-$13.94M

TTM

Current Assets

$1.937M

Q2 2024

Current Liabilities

$5.881M

Q2 2024

Current Ratio

32.93%

Q2 2024

Total Assets

$4.174M

Q2 2024

Total Liabilities

$8.344M

Q2 2024

Book Value

-$4.170M

Q2 2024

Cash

$528.1K

Q2 2024

P/E

-0.2327

Sep 13, 2024 EST

Free Cash Flow

-$6.604M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021
Revenue	$12.21M	$0.00	$0.00
YoY Change

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021
Revenue	$12.21M	$0.00	$0.00
Cost Of Revenue	$12.39M	$19.80M
Gross Profit	-$178.5K	$2.059M
Gross Profit Margin	-1.46%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021
Selling, General & Admin	$12.17M	$487.1K
YoY Change	2398.83%
% of Gross Profit		23.66%
Research & Development	$160.9K	$137.3K
YoY Change	17.18%
% of Gross Profit		6.67%
Depreciation & Amortization	$135.3K	$134.4K
YoY Change	0.65%
% of Gross Profit		6.53%
Operating Expenses	$12.33M	$487.1K	$85.52K
YoY Change	2431.86%	469.54%
Operating Profit	-$12.51M	-$487.1K
YoY Change	2468.5%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021
Interest Expense	$103.6K	$7.663M	$440.00
YoY Change	-98.65%	1741502.27%
% of Operating Profit
Other Income/Expense, Net	-$103.5K	$3.00	-$3.457M
YoY Change	-3450066.67%	-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021
Pretax Income	-$12.61M	$7.176M	-$3.542M
YoY Change	-275.78%	-302.6%
Income Tax	$2.464K	$2.400K
% Of Pretax Income		0.03%
Net Earnings	-$12.62M	$7.176M	-$3.542M
YoY Change	-275.81%	-302.6%
Net Earnings / Revenue	-103.29%
Basic Earnings Per Share	-$2.00	$0.55
Diluted Earnings Per Share	-$2.00	$0.55	-$244.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021
Cash & Short-Term Investments	$2.101M	$211.7K	$614.4K
YoY Change	892.13%	-65.54%
Cash & Equivalents	$2.101M
Short-Term Investments
Other Short-Term Assets	$990.1K	$3.590K	$80.00
YoY Change	27478.55%	4387.5%
Inventory
Prepaid Expenses
Receivables	$96.54K		$80.00
Other Receivables	$0.00		$0.00
Total Short-Term Assets	$3.187M	$215.3K	$614.5K
YoY Change	1380.26%	-64.96%
Property, Plant & Equipment	$1.580M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$208.4K
YoY Change
Other Assets	$689.8K	$12.83M	$116.7M
YoY Change	-94.63%	-89.0%
Total Long-Term Assets	$2.552M	$12.83M	$116.7M
YoY Change	-80.12%	-89.0%
Total Assets	$5.739M	$13.05M	$117.3M
YoY Change
Accounts Payable	$1.657M
YoY Change
Accrued Expenses	$2.927M	$97.98K	$18.00K
YoY Change	2887.5%	444.33%
Deferred Revenue
YoY Change
Short-Term Debt	$588.0K	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$6.952M	$101.8K	$18.00K
YoY Change	6726.3%	465.78%
Long-Term Debt	$1.702M	$575.0K	$0.00
YoY Change	196.0%
Other Long-Term Liabilities	$1.021M	$4.395M	$11.09M
YoY Change	-76.76%	-60.39%
Total Long-Term Liabilities	$2.723M	$4.970M	$11.09M
YoY Change	-45.2%	-55.2%
Total Liabilities	$9.675M	$5.072M	$11.11M
YoY Change	90.77%	-54.36%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022
Basic Shares Outstanding	6.327M shares	13.13M shares
Diluted Shares Outstanding	6.327M shares	13.13M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $3.2443 Million

About Jet.AI Inc

Jet.AI, Inc. engages in the provision of artificial intelligent software development solutions. The company is headquartered in Las Vegas, Nevada and currently employs 9 full-time employees. The company went IPO on 2021-08-12. Its booking CharterGPT platform displays a variety of options across private aircraft types in addition to the pricing of its own aircraft, with a range of prices drawn from a list of thousands of aircraft for hire. Its Jet.AI Operator Platform provides and continues to develop a business to business (B2B) software platform for a suite of software as a service (SaaS) product termed Jet.AI Operator Platform which consists of Reroute AI, DynoFlight, and FlightClub-Cirrus Specific.

Industry: Air Transportation, Nonscheduled Peers: Wheels Up Experience Inc Delta Air Lines Inc Harbor Diversified Inc Mesa Air Group Inc