For the quarter ending 2025-09-30, MESA has $158,933K in assets. $211,571K in debts. $38,734K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 38,734 | 42,472 | 39,980 | |
| Restricted cash | 3,046 | 3,048 | 3,004 | |
| Receivables, net (18,277 and 1,808 from related party) | 20,353 | 8,724 | 5,250 | |
| Expendable parts and supplies, net | 16,629 | 16,172 | 29,172 | |
| Assets held for sale | 33,759 | 60,311 | 80,723 | |
| Prepaid expenses and other current assets | 2,105 | 2,714 | 2,577 | |
| Total current assets | 114,626 | 133,441 | 160,706 | |
| Property and equipment-gross | 59,884 | - | 329,619 | |
| Less accumulated depreciation | 28,385 | - | 126,052 | |
| Property and equipment, net | 31,499 | 31,850 | 203,567 | |
| Lease and equipment deposits | 587 | 637 | 524 | |
| Operating lease right-of-use assets | 6,801 | 7,255 | 6,588 | |
| Deferred heavy maintenance, net | - | - | 5,351 | |
| Deferred tax asset | 318 | - | - | |
| Other assets | 5,102 | 5,466 | 6,829 | |
| Total assets | 158,933 | 178,649 | 383,565 | |
| Current portion of long-term debt and finance leases (5,812 and 7,512 from related party) | 68,009 | 84,725 | 143,275 | |
| Current portion of deferred revenue | 5,638 | 5,532 | 4,955 | |
| Current maturities of operating leases | 1,651 | 1,693 | 1,430 | |
| Accounts payable | 57,480 | 50,132 | 60,932 | |
| Accrued compensation | 10,487 | 9,294 | 6,705 | |
| Customer deposits | - | 226 | 962 | |
| Other accrued expenses | 26,690 | 23,015 | 34,482 | |
| Total current liabilities | 169,955 | 174,617 | 252,741 | |
| Long-term debt and finance leases, excluding current portion (27,012 and 25,505 from related party) | 27,012 | 28,245 | 83,786 | |
| Noncurrent operating lease liabilities | 6,427 | 6,872 | 6,484 | |
| Deferred credits from related party | - | - | 2,036 | |
| Deferred income taxes | - | 575 | 2,937 | |
| Deferred revenue, net of current portion | 6,318 | 7,787 | 10,329 | |
| Other noncurrent liabilities | 1,859 | 1,837 | 26,675 | |
| Total noncurrent liabilities | 41,616 | 45,316 | 132,247 | |
| Total liabilities | 211,571 | 219,933 | 384,988 | |
| Common stock of no par value and additional paid-in capital, 125,000,000 shares authorized 41,879,859 (2025) and 41,331,719 (2024) shares issued and outstanding, 4,899,497 (2025) and 4,899,497 (2024) warrants issued and outstanding | 273,340 | 273,183 | 272,655 | |
| Accumulated deficit | -325,978 | -314,467 | -274,078 | |
| Total stockholders' equity | -52,638 | -41,284 | -1,423 | |
| Total liabilities and stockholders' equity | 158,933 | 178,649 | 383,565 | |
MESA AIR GROUP INC (MESA)
MESA AIR GROUP INC (MESA)