For the quarter ending 2026-03-31, FLYX-WT had -$10,687K decrease in cash & cash equivalents over the period. -$14,316K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | - | 104,288 | 92,132 | - |
| Cost of revenue | - | 85,658 | 79,533 | - |
| Selling, general and administrative | - | 21,782 | 19,516 | - |
| Depreciation and amortization | - | 5,061 | 6,505 | - |
| (gain) loss on aircraft sales and aircraft held for sale | - | -625 | 2,123 | - |
| Other | - | -1,959 | 9,723 | - |
| Income tax expense | - | 37 | - | - |
| Net loss | -13,372 | -6,916 | -21,022 | -39,176 |
| Depreciation and amortization | 4,796 | 5,487 | 5,212 | 11,326 |
| Amortization of finance lease right-of-use assets | 388 | -426 | 1,293 | 695 |
| Amortization of contract costs | 374 | 382 | 407 | 754 |
| Non-cash interest income | 23 | 0 | 0 | 634 |
| Non-cash interest expense | 483 | 1,132 | 448 | 1,726 |
| Non-cash rent expense | 4,991 | 4,913 | 5,253 | 11,244 |
| (gain) loss on aircraft sales and aircraft held for sale | -820 | -625 | 2,123 | 1,190 |
| (gain) loss on lease termination | -286 | -331 | -2,156 | 19 |
| Provision for credit losses | 441 | 200 | 33 | 72 |
| Provision for inventory reserve | 9 | -8 | 11 | 10 |
| Realized loss on investment securities | 0 | -46 | 56 | -294 |
| Change in fair value of warrant liability-Private Placement Warrant | -173 | -173 | 910 | -304 |
| Change in fair value of warrant liability-Public Warrant | -101 | -101 | 530 | -177 |
| Change in fair value of warrant liability-Penny Warrants | -949 | -327 | 1,372 | -300 |
| Loss on extinguishment of debt | 0 | 2,766 | 0 | -4,161 |
| Stock-based compensation | 1,631 | 1,639 | 828 | 2,013 |
| Accounts receivable-Nonrelated Party | 285 | 372 | 139 | 700 |
| Accounts receivable-Related Party | 1,044 | 65 | 35 | -1,420 |
| Notes receivable - related parties-Related Party | -3,250 | 4,128 | - | - |
| Other receivables | 703 | -2,103 | 442 | 756 |
| Parts and supplies inventory | 235 | -981 | -273 | 677 |
| Prepaid expenses and other current assets | 839 | -2,013 | 1,711 | 2,461 |
| Operating lease liabilities | -4,916 | -4,819 | -5,266 | -11,034 |
| Other assets | 390 | 2,069 | 83 | 157 |
| Accounts payable | 6,900 | -291 | 1,009 | 12,027 |
| Other current liabilities | -1,154 | 5,841 | -337 | 522 |
| Deferred revenue | -7,107 | 6,331 | 8,278 | -5,154 |
| Other non-current liabilities | 6,305 | 7,435 | 2,992 | 6,374 |
| Proceeds from notes receivable | - | 0 | 0 | 0 |
| Net cash flows from operating activities | -617 | 16,998 | -209 | -10,101 |
| Capitalized development costs | -77 | -2 | 1 | 23 |
| Purchases of property and equipment | 13,699 | 16,018 | 10,815 | 4,108 |
| Proceeds from sales of property and equipment | 8,333 | 55,753 | 15,527 | 31,521 |
| Finance lease direct initial costs | -478 | -1,165 | 0 | -381 |
| Purchases of engine overhauls | 8,146 | 8,120 | 8,197 | 9,628 |
| Purchases of investments | 4,858 | 0 | 0 | 15,457 |
| Proceeds from sale of investments | 3,897 | 0 | 0 | 80,025 |
| Net cash flows from investing activities | -14,874 | 30,452 | -3,486 | 81,949 |
| Proceeds from issuance of debt | 8,697 | 16,960 | 6,850 | 3,474 |
| Cash distributions - noncontrolling interests | - | 5,719 | 5,972 | 17,212 |
| Payment of deferred financing costs | - | - | - | 0 |
| Proceeds from sale-leaseback of aircraft | - | - | 15,500 | - |
| Proceeds from failed sale-leaseback of aircraft | - | 34,000 | - | - |
| Payment of dividends, preferred stock | - | 639 | 1 | 360 |
| Repayment of debt | 19,570 | 54,456 | 4,738 | 79,407 |
| Payment of debt issuance costs | 485 | 34 | 1,577 | 373 |
| Repayment of finance lease | 1,286 | 17,323 | 3,586 | 278 |
| Cash contributions - non-controlling interests | 2,365 | 5,899 | 102 | 633 |
| Proceeds from common stock issuance, net of issuance costs | 17,121 | 0 | 5,800 | - |
| Proceeds from preferred stock issuance, net of issuance costs | - | 0 | -5,800 | 5,800 |
| Net cash flows from financing activities | 4,804 | -36,812 | 6,578 | -87,723 |
| Net increase (decrease) in cash and cash equivalents | -10,687 | 10,638 | 2,883 | -15,875 |
| Cash and cash equivalents at beginning of period | 29,340 | 18,702 | 31,694 | - |
| Cash and cash equivalents at end of period | 18,653 | 29,340 | 18,702 | - |
FLYEXCLUSIVE INC. (FLYX-WT)
FLYEXCLUSIVE INC. (FLYX-WT)