For the quarter ending 2026-03-31, JETBF had -$523K decrease in cash & cash equivalents over the period. $5,318K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net lncome | 2,820 | -1,806 | -1,955 | 1,143 |
| Depreciation expense | 4,666 | 3,864 | 3,244 | 4,855 |
| Accrued liabilities and other liabilities | - | - | -3,629 | 2,206 |
| Credit losses | 273 | 349 | 0 | 111 |
| Loss on sale of spare parts | -7 | 296 | -19 | -63 |
| Gain on lease modification | - | 132 | - | - |
| Amortization of debt issue costs | 103 | 229 | 207 | 377 |
| Amortization of operating lease right of use assets | 3,368 | 3,649 | 6,995 | 7,955 |
| Share-based payments | 497 | 573 | 827 | 1,339 |
| Interest on finance leases | 1,719 | 1,425 | 1,114 | 2,181 |
| Accounts receivable | -1,747 | 2,256 | -1,685 | -29 |
| Assets held for sale | -254 | -8 | 13 | -8 |
| Prepaid expenses and other current assets | 739 | -479 | 483 | 1,289 |
| Accounts payable | 1,146 | -189 | 889 | 620 |
| Accrued liabilities | -2,113 | 16,772 | - | - |
| Operating lease obligations | -3,494 | -3,966 | -7,178 | -8,440 |
| Other liabilities | -1,242 | -1,571 | -1,125 | -2,215 |
| Net cash provided by operating activities | 9,012 | 18,555 | 597 | 8,943 |
| Deposits, deferred costs and other assets | 2,336 | 1,124 | 372 | 1,189 |
| Purchases of property and equipment | 3,694 | 1,561 | 4,617 | 5,425 |
| Net cash used in investing activities | -6,030 | -2,685 | -4,989 | -6,614 |
| Debt issuance costs | - | 0 | 169 | - |
| Proceeds on issuance of shares | - | 120 | 0 | 207 |
| Dividends | - | 120 | 200 | 148 |
| Principal payments on finance leases | 2,657 | 1,770 | 1,423 | 2,360 |
| Proceeds from disgorgement of stockholders' short-swing profits | - | 0 | 0 | 12 |
| Principal payments on note payable | 848 | 818 | 678 | - |
| Net cash used in financing activities | -3,505 | -2,588 | -2,470 | -2,289 |
| Net decrease in cash, cash equivalents, and restricted cash | -523 | 13,282 | -6,862 | 40 |
| Cash, cash equivalents and restricted cash - beginning of the period | 20,503 | 7,221 | 14,043 | - |
| Cash, cash equivalents and restricted cash - end of the period | 19,980 | 20,503 | 7,221 | - |
Global Crossing Airlines Group Inc. (JETBF)
Global Crossing Airlines Group Inc. (JETBF)