2024 Q2 Form 10-Q Financial Statement
#000149315224020008 Filed on May 15, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | $3.084M | $3.849M | $0.00 |
YoY Change | 10.42% | ||
Cost Of Revenue | $3.501M | $3.973M | $1.951M |
YoY Change | 16.94% | 103.69% | |
Gross Profit | -$417.0K | -$124.4K | -$75.02K |
YoY Change | 107.65% | 65.77% | |
Gross Profit Margin | -13.52% | -3.23% | |
Selling, General & Admin | $2.766M | $2.993M | $363.7K |
YoY Change | 24.65% | 723.01% | 547.52% |
% of Gross Profit | |||
Research & Development | $37.40K | $32.55K | $36.32K |
YoY Change | 30.57% | -10.39% | |
% of Gross Profit | |||
Depreciation & Amortization | $33.82K | $33.81K | $33.60K |
YoY Change | 0.68% | 0.65% | |
% of Gross Profit | |||
Operating Expenses | $2.804M | $3.025M | $363.7K |
YoY Change | 24.72% | 731.96% | 547.52% |
Operating Profit | -$3.221M | -$3.150M | -$363.7K |
YoY Change | 2940.75% | 766.15% | 547.56% |
Interest Expense | $0.00 | $79.31K | -$251.6K |
YoY Change | -131.53% | -107.35% | |
% of Operating Profit | |||
Other Income/Expense, Net | $59.00 | -$79.25K | |
YoY Change | |||
Pretax Income | -$3.221M | -$3.229M | -$615.3K |
YoY Change | 31.52% | 424.84% | -118.29% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$3.221M | -$3.229M | -$615.2K |
YoY Change | -1486.2% | 424.84% | -118.29% |
Net Earnings / Revenue | -104.43% | -83.9% | |
Basic Earnings Per Share | -$0.25 | -$0.28 | -$0.15 |
Diluted Earnings Per Share | -$0.25 | -$0.28 | -$0.15 |
COMMON SHARES | |||
Basic Shares Outstanding | 12.72M shares | 12.21M shares | 4.177M shares |
Diluted Shares Outstanding | 12.91M shares | 11.44M shares | 4.177M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $528.1K | $595.6K | $13.04M |
YoY Change | -95.98% | -95.43% | 2251.67% |
Cash & Equivalents | $528.1K | $595.6K | $66.39K |
Short-Term Investments | $12.97M | ||
Other Short-Term Assets | $72.77K | $104.7K | $13.00M |
YoY Change | -60.87% | -99.19% | 26612.72% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $536.0K | $163.0K | |
Other Receivables | $0.00 | $1.500M | |
Total Short-Term Assets | $1.937M | $3.163M | $13.06M |
YoY Change | 134.99% | -75.78% | 2066.08% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.329K | $6.967K | |
YoY Change | -99.66% | ||
Goodwill | |||
YoY Change | |||
Intangibles | $20.40K | $53.58K | |
YoY Change | |||
Long-Term Investments | $208.5K | $208.4K | |
YoY Change | 31.64% | ||
Other Assets | $689.8K | $689.8K | |
YoY Change | 0.0% | ||
Total Long-Term Assets | $2.237M | $2.402M | -$3.00 |
YoY Change | -81.9% | -80051400.0% | -100.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.937M | $3.163M | $13.06M |
Total Long-Term Assets | $2.237M | $2.402M | -$3.00 |
Total Assets | $4.174M | $5.565M | $13.06M |
YoY Change | -68.33% | -57.4% | -88.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.515M | $1.386M | |
YoY Change | 204.43% | ||
Accrued Expenses | $2.749M | $2.444M | $340.2K |
YoY Change | 569.15% | 618.5% | 1126.23% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $5.881M | $5.740M | $340.2K |
YoY Change | 105.41% | 1587.35% | 444.34% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.702M | $1.702M | $575.0K |
YoY Change | 196.0% | ||
Other Long-Term Liabilities | $760.5K | $891.4K | $4.784M |
YoY Change | -40.5% | -81.37% | -37.66% |
Total Long-Term Liabilities | $2.463M | $2.593M | $5.359M |
YoY Change | 92.65% | -51.61% | -30.16% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.881M | $5.740M | $340.2K |
Total Long-Term Liabilities | $2.463M | $2.593M | $5.359M |
Total Liabilities | $8.344M | $8.333M | $5.699M |
YoY Change | 49.36% | 46.21% | -26.33% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$45.72M | -$42.50M | -$5.608M |
YoY Change | 726.73% | 657.85% | |
Common Stock | $1.475K | $1.255K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$4.170M | -$2.768M | -$5.608M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.174M | $5.565M | $13.06M |
YoY Change | -68.33% | -57.4% | -88.87% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.221M | -$3.229M | -$615.2K |
YoY Change | -1486.2% | 424.84% | -118.29% |
Depreciation, Depletion And Amortization | $33.82K | $33.81K | $33.60K |
YoY Change | 0.68% | 0.65% | |
Cash From Operating Activities | -$2.185M | -$2.521M | -$145.3K |
YoY Change | 200.43% | 1634.56% | 142.13% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $4.339K | |
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$100.00 | $0.00 | |
YoY Change | -99.34% | ||
Cash From Investing Activities | -$100.00 | -$12.92K | -$93.63K |
YoY Change | -99.64% | -86.2% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.449M | $1.029M | $1.152M |
YoY Change | 25.77% | -10.68% | |
NET CHANGE | |||
Cash From Operating Activities | -2.185M | -$2.521M | -$145.3K |
Cash From Investing Activities | -100.0 | -$12.92K | -$93.63K |
Cash From Financing Activities | 1.449M | $1.029M | $1.152M |
Net Change In Cash | -736.2K | -$1.505M | -$145.3K |
YoY Change | -2.52% | 935.59% | 142.13% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.185M | -$2.521M | -$145.3K |
Capital Expenditures | $0.00 | $4.339K | |
Free Cash Flow | -$2.185M | -$2.521M | -$149.7K |
YoY Change | 195.2% | 1584.28% |
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EarningsPerShareBasic
|
-0.70 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.70 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
736293 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1407044 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1512260 | usd |
CY2023Q1 | JTAI |
Stock Issued During Period Value Receipt Of Subscription Receivable
StockIssuedDuringPeriodValueReceiptOfSubscriptionReceivable
|
76435 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
436969 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2719522 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
575541 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3936039 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3936039 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1199318 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1500025 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1500025 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
155000 | usd |
CY2024Q1 | JTAI |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
742474 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
1110000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3229049 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2768271 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2768271 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3229049 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2719522 | usd |
CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
33813 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
33596 | usd |
CY2024Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
80761 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1199318 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1407044 | usd |
CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
129605 | usd |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
125884 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
66423 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-85414 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
98571 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-270529 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
22105 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
26889 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-192625 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-384509 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
352401 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-126080 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-122359 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2520790 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1192047 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4339 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
12922 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
4294 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
100000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Other Deposits
ProceedsFromOtherDeposits
|
15000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-12922 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-93633 | usd |
CY2024Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
371250 | usd |
CY2024Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
297500 | usd |
CY2024Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
155000 | usd |
CY2023Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
436969 | usd |
CY2024Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
742474 | usd |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1110000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1588695 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1028724 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1151726 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1504988 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-133954 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2100543 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1527391 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
595555 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1393437 | usd |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
79314 | usd |
CY2024Q1 | JTAI |
Subscription Receivable From Sale Of Common And Preferred Stock
SubscriptionReceivableFromSaleOfCommonAndPreferredStock
|
1500025 | usd |
CY2023Q1 | JTAI |
Subscription Receivable From Sale Of Common And Preferred Stock
SubscriptionReceivableFromSaleOfCommonAndPreferredStock
|
9935 | usd |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_846_eus-gaap--UseOfEstimates_zIjFsPFIQddg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_866_zDOOhJSP4vee">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement and the reported amounts of expenses during the reporting period. Making estimates requires management to exercise significant judgement. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
500000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
500000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
|
<p id="xdx_844_eus-gaap--PropertyPlantAndEquipmentImpairment_zIek4TM2ERlb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_869_zdYasZaySJ03">Property and Equipment</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property and equipment are recorded at cost, less accumulated depreciation. Expenditures for major additions and improvements are capitalized and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes. As of March 31, 2024 and December 31, 2023, property and equipment consisted entirely of equipment which is being depreciated over a <span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dxL_c20240331_z2vpfVyHDejh" title="Useful lives::XDX::P3Y"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dxL_c20231231_zPwxFN7QxFFe" title="Useful lives::XDX::P3Y"><span style="-sec-ix-hidden: xdx2ixbrl0593"><span style="-sec-ix-hidden: xdx2ixbrl0595">three</span></span></span></span>-year period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q1 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
398108 | usd |
CY2023 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
398108 | usd |
CY2024Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
33176 | usd |
CY2023Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
33176 | usd |
CY2024Q1 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
431276 | usd |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3848598 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1875508 | usd |
CY2024Q1 | us-gaap |
Advertising Expense
AdvertisingExpense
|
446600 | usd |
CY2023Q1 | us-gaap |
Advertising Expense
AdvertisingExpense
|
120167 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1021330 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1405284 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1531364 | usd |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y8M12D | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.03 | pure |
CY2024Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zXHOLroypdd9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_866_zW2r4iUOUtI9">Concentration of Credit Risk</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company maintains its cash with several major financial institutions located in the United States of America which it believes to be creditworthy. Balances are insured by the Federal Deposit Insurance Corporation up to $<span id="xdx_90B_eus-gaap--CashFDICInsuredAmount_iI_c20240331_zuqi0YCl8rSb" title="Cash FDIC insured amount">250,000</span>. At times, the Company may maintain balances in excess of the federally insured limits.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q1 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
108361 | usd |
CY2023Q4 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
108361 | usd |
CY2024Q1 | JTAI |
Lease Maintenance Reserve
LeaseMaintenanceReserve
|
689750 | usd |
CY2023Q4 | JTAI |
Lease Maintenance Reserve
LeaseMaintenanceReserve
|
689750 | usd |
CY2024Q1 | us-gaap |
Other Assets
OtherAssets
|
798111 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
798111 | usd |
CY2023Q3 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
500000 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
112500 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.05 | pure |
CY2023Q3 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2024-03-11 | |
CY2024Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
181250 | usd |
CY2024Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
90625 | usd |
CY2024Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
79314 | usd |
CY2024Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
320775 | usd |
CY2023Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
548049 | usd |
CY2024Q1 | JTAI |
Operating Lease Right Of Use Of Asset
OperatingLeaseRightOfUseOfAsset
|
2576036 | usd |
CY2023Q4 | JTAI |
Operating Lease Right Of Use Of Asset
OperatingLeaseRightOfUseOfAsset
|
2576036 | usd |
CY2024Q1 | JTAI |
Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
|
1133152 | usd |
CY2023Q4 | JTAI |
Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
|
1003547 | usd |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1442884 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1572489 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
513869 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
510034 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
891415 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
411750 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
549000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
503250 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1464000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
58716 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1405284 | usd |
CY2023Q3 | us-gaap |
Prepayment Fees On Advances Net
PrepaymentFeesOnAdvancesNet
|
625000 | usd |
CY2023Q3 | us-gaap |
Capital Units Authorized
CapitalUnitsAuthorized
|
59000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
55000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
4000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
3284488 | shares |
CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1199318 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1407044 | usd |
CY2024Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
3490329 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3216408 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.48 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y21D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
68080 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
10.42 | |
CY2023Q1 | JTAI |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term Granted
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermGranted
|
P10Y | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3284488 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.56 | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y10M6D | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3659015 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.19 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y4M24D | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3659015 | shares |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.19 | |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y1M24D | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3120585 | shares |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
6.29 | |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y10M13D | |
CY2024Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
-841375 | usd |
CY2024Q1 | JTAI |
Revenue From Current Period Sales
RevenueFromCurrentPeriodSales
|
-1867797 | usd |
CY2024Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1395285 | usd |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
25221406 | shares |
CY2023Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1779794 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
|
2324663 | usd |