For the quarter ending 2026-03-31, JTAI had $14,075,446 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Amortization of debt discount | - | 0 | 0 |
| Net loss | 4,839,774 | -1,966,049 | -5,554,827 |
| Unrealized gain on other investments | 94,000 | - | - |
| Amortization and depreciation | -1,275 | 637 | 1,275 |
| Stock-based compensation | -1,425,272 | 175,586 | 1,314,068 |
| Non-cash operating lease costs | -265,865 | 135,400 | 267,855 |
| Accounts receivable | 158,456 | 82,869 | -20,151 |
| Other current assets | -2,595,035 | 2,719,860 | -158,045 |
| Deferred offering costs | - | 0 | 45,000 |
| Accounts payable | -891,869 | 536,052 | 86,911 |
| Accrued liabilities | 77,729 | 325,518 | -300,684 |
| Deferred revenue | 898,970 | -204,842 | -671,889 |
| Operating lease liability | 258,815 | -131,875 | -260,805 |
| Net cash used in operating activities | 5,878,586 | -3,932,302 | -4,984,900 |
| Purchase of intangible assets | - | 0 | 0 |
| Deposit on aircraft | - | 0 | 1,650,000 |
| Deposits and other assets | - | 50,000 | -9,000 |
| Advances under related party promissory note | - | 200,795 | 35,995 |
| Investment in joint venture | 1,600,000 | 300,000 | - |
| Net cash used in investing activities | 327,790 | -550,795 | -1,676,995 |
| Repayments of notes payable | - | 0 | 0 |
| Repayments of related party notes payable | - | 0 | 0 |
| Proceeds from exercise of common stock warrants | - | 0 | 0 |
| Offering costs | 944,688 | 307,225 | 1,945,000 |
| Proceeds from sale of series b preferred stock | - | 0 | 0 |
| Proceeds from exercise of series b convertible preferred stock warrants | - | 0 | 11,000,000 |
| Proceeds from sale of common stock | 19,813,758 | 0 | 0 |
| Net cash provided by financing activities | 7,869,070 | -307,225 | 9,055,000 |
| Increase in cash and cash equivalents | 14,075,446 | -4,790,322 | 2,393,105 |
| Cash and cash equivalents, beginning of period | 3,475,410 | 5,872,627 | - |
| Cash and cash equivalents, end of period | 13,497,732 | 3,475,410 | - |
Jet.AI Inc. (JTAI)
Jet.AI Inc. (JTAI)