The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -1,156,406 | 162,787 | -1,804,858 | -2,223,550 |
| Provision for bad debt expense | 233,270 | - | - | - |
| Depreciation | - | 346,872 | 327,717 | 554,678 |
| Depreciation and amortization | 576,342 | - | - | - |
| (income) loss on investment in related party | 12,611 | 0 | 8,407 | -47,641 |
| Stock based compensation | 917 | 0 | 42,500 | - |
| Allowance for credit losses | - | 1,495,625 | - | - |
| Prepaid expenses and other current assets | - | 316,858 | 0 | 0 |
| Accounts receivable | 798,493 | 4,012,399 | 123,150 | 140,416 |
| Other receivables | 0 | -37,282 | 44,970 | -243,559 |
| Due from/to related parties | -1,050,289 | -1,215,844 | 888,894 | -2,461,529 |
| Accounts payable and accrued expenses | 1,517,768 | 1,262,326 | 864,085 | 1,112,884 |
| Deferred revenue | -437,009 | 483,417 | -92,576 | 150,124 |
| Right of use assets/liabilities - operating | -81,245 | - | - | - |
| Net cash provided by operating activities | 892,822 | 674,896 | -1,728,553 | 2,206,449 |
| Acquisition of property and equipment | 367,274 | 507,933 | 629,658 | 1,414,020 |
| Proceeds from sale of property and equipment and engine reserves | - | 0 | 0 | - |
| Capitalized of engine reserves | 153,913 | -806,114 | 396,636 | 672,935 |
| Net cash used in investing activities | -521,187 | 298,181 | -1,026,294 | -2,086,955 |
| Proceeds from long-term debt, related parties | - | 0 | 2,565,644 | - |
| Proceeds from long-term debt | - | 0 | 482,500 | 107,000 |
| Capital contributions | - | 0 | 0 | - |
| Repayments of long-term debt, related parties | - | -1 | -12,177 | 48,210 |
| Payments on financing lease obligations | 108,900 | 107,095 | 105,321 | 205,451 |
| Repayments of long-term debt | 187,498 | 716,966 | 195,261 | 138,795 |
| Net cash provided by (used in) financing activities | -296,398 | -824,060 | 2,759,739 | -285,456 |
| Net change in cash | 75,237 | 149,017 | 4,892 | -165,962 |
| Cash at beginning of period | 213,175 | 64,158 | 225,228 | - |
| Cash at end of the period | 288,412 | 213,175 | 64,158 | - |
Premier Air Charter Holdings Inc. (PREM)
Premier Air Charter Holdings Inc. (PREM)