$SOAR Balance Sheet | Understand Stock

$SOAR

$0.22 -$0.03 (10.77%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Balance Sheets

In millions of USD; shares in millions, except per-share amounts

	Q2 FY2026 As of Jun 30, 2026	Q1 FY2026 As of Mar 31, 2026	Q4 FY2025 As of Dec 31, 2025	Q3 FY2025 As of Sep 30, 2025	Q2 FY2025 As of Jun 30, 2025	Q1 FY2025 As of Mar 31, 2025	Q4 FY2024 As of Dec 31, 2024	Q3 FY2024 As of Sep 30, 2024	Q2 FY2024 As of Jun 30, 2024	Q1 FY2024 As of Mar 31, 2024	Q4 FY2023 As of Dec 31, 2023	Q3 FY2023 As of Sep 30, 2023	Q2 FY2023 As of Jun 30, 2023	Q1 FY2023 As of Mar 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q3 FY2022 As of Sep 30, 2022	Q2 FY2022 As of Jun 30, 2022	Q1 FY2022 As of Mar 31, 2022
ASSETS
Current assets:
Cash
Prepaid expenses
Previously Reported
Total prepaid expenses

Restricted cash
Accounts receivable, net
Equity contribution receivable
Contract assets, net
Deposits
Note receivable, current
Investment in M2i
M2I
flyExclusive
Total investment in M2i
Investment in flyExclusive
Aviation asset option
Prepaid expenses and other current assets
Previously Reported
Total prepaid expenses and other current assets
Current assets - discontinued operations
Previously Reported
Total current assets - discontinued operations
Current assets
Previously Reported
Total current assets

Investments held in Trust
Property and equipment, net
Property and equipment, net
Operating lease, right-of-use assets
Equity-method investment
Deposits
Forward purchase agreement
Restricted cash
Intangibles, net
Goodwill
Note receivable, non-current
Non-current assets - discontinued operations
Assets
Previously Reported
Total assets

LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)
Current liabilities:
Accrued expenses
Excise tax payable
Income tax payable
Accounts payable and accrued liabilities
Dividend payable
Convertible notes, net
Operating lease liability
Merger transaction costs payable in shares
Credit facility and other loans
Affiliated Entity
Nonrelated Party
Total credit facility and other loans
Customer deposits and deferred revenue
Deferred revenue and customer deposits
Current liabilities - discontinued operations
Total current liabilities
Deferred underwriting commission
Deferred income taxes
Deferred income tax liability
Operating lease liability, non-current
Credit facility, non-current
Non-current liabilities - discontinued operations
Total liabilities
Class A common stock subject to possible redemption; $0.0001 par value; 6,443,098 and 27,600,000 shares at redemption value of $10.74 and $10.31 at September 30, 2023 and December 31, 2022, respectively
Class A Common Stock
Total class A common stock subject to possible redemption; $0.0001 par value; 6,443,098 and 27,600,000 shares at redemption value of $10.74 and $10.31 at September 30, 2023 and December 31, 2022, respectively
Number of shares authorized (in shares)
Class A Common Stock
Class B Common Stock
Total number of shares authorized (in shares)
Common stock, par value (in dollars per share)
Class A Common Stock
Class B Common Stock
Total common stock, par value (in dollars per share)
Class A Common Stock outstanding (in shares)
Class A Common Stock
Class B Common Stock
Total class A Common Stock outstanding (in shares)
Shareholders’ equity (deficit):
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Common Stock Class A, $0.0001 par value; 200,000,000 authorized; 53,183,044 and 9,510,784 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Class A Common Stock
Class B Common Stock
Total common Stock Class A, $0.0001 par value; 200,000,000 authorized; 53,183,044 and 9,510,784 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Additional paid-in capital
Stock subscriptions receivable
Accumulated deficit
Previously Reported
Total accumulated deficit

Shareholders’ equity (deficit)
Previously Reported
Total shareholders’ equity (deficit)

Liabilities and shareholders’ equity
Previously Reported
Total liabilities and shareholders’ equity

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