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Balance Sheets Overview

Current Ratio
26.20%
Quick Ratio
26.20%
Cash Ratio
11.68%
Debt to Asset Ratio
130.17%
Unit: Thousand (K) dollars
Assets Breakdown
    • Accumulated amortization
    • Cash
    • Accumulated depreciation
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Convertible notes at fair value,...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
18,429
4,163
12,672
7,062
Accounts receivable, net
4,777
3,705
3,929
5,035
Prepaid expenses and other current assets
18,130
13,190
14,320
9,915
Total current assets
41,336
21,058
30,921
22,012
Restricted cash
55
10,156
10,091
55
Property and equipment, gross
68,232
62,139
55,949
53,431
Accumulated depreciation
15,850
14,746
10,354
9,901
Property and equipment, net
52,382
47,393
45,595
43,530
Intangible assets, gross
37,457
37,457
37,457
37,457
Accumulated amortization
18,857
18,127
17,390
16,652
Intangible assets, net
18,600
19,330
20,067
20,805
Operating lease right-of-use assets
14,500
11,358
12,510
13,721
Finance lease right-of-use assets
661
735
809
883
Other assets
13,197
10,797
11,688
5,780
Total assets
140,731
120,827
131,681
106,786
Accounts payable
22,148
21,143
18,437
16,403
Accrued expenses and other current liabilities
41,961
41,290
47,702
47,544
Deferred revenue
30,163
18,590
17,924
15,969
Current maturities of long-term debt
12,585
2,741
2,712
2,660
Operating lease liabilities, current
4,271
3,636
3,636
3,704
Finance lease liabilities, current
281
282
277
269
Safe notes at fair value, current
3
3
5
10
Convertible notes at fair value, current
44,651
44,867
42,274
-
Due to related parties, current
1,719
374
643
1,566
Total current liabilities
157,782
132,926
133,610
88,125
Long-term debt, net of current maturities
10,007
13,760
14,389
61,140
Convertible notes at fair value, long term
1,042
14,029
25,183
6,642
Operating lease liabilities, long term
10,434
7,801
8,714
9,608
Finance lease liabilities, long term
532
599
670
742
Due to related parties, long term
2,100
100
100
15,000
Other long-term liabilities
1,291
8,207
3,872
18,086
Total liabilities
183,188
177,422
186,538
199,343
Common stock, 0.0001 par value 3,510,638 and 0 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively (note 12)
-
6,600
-
-
Common stock, 0.0001 par value 800,000,000 shares authorized as of both june 30, 2026 and december 31, 2025 119,137,993 shares issued and outstanding as of june 30, 2026 and 73,082,025 shares issued and outstanding as of december 31, 2025
12
8
7
5
Additional paid-in capital
793,925
745,058
733,135
658,558
Accumulated deficit
-836,394
-808,261
-787,999
-751,120
Total shareholders' deficit
-42,457
-63,195
-54,857
-92,557
Total liabilities and shareholders' deficit
140,731
120,827
131,681
106,786
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Property and equipment,gross$68,232K (35.66%↑ Y/Y)Cash$18,429K (-18.35%↓ Y/Y)Prepaid expenses andother current assets$18,130K (67.31%↑ Y/Y)Accounts receivable, net$4,777K (-10.00%↓ Y/Y)Intangible assets, gross$37,457K Property and equipment,net$52,382K (24.71%↑ Y/Y)Total current assets$41,336K (6.77%↑ Y/Y)Intangible assets, net$18,600K (-13.66%↓ Y/Y)Operating leaseright-of-use assets$14,500K (-3.22%↓ Y/Y)Other assets$13,197K (127.38%↑ Y/Y)Finance leaseright-of-use assets$661K (-30.93%↓ Y/Y)Restricted cash$55K (-98.90%↓ Y/Y)Accumulated depreciation$15,850K (91.15%↑ Y/Y)Accumulated amortization$18,857K Total assets$140,731K (9.11%↑ Y/Y)Accumulated deficit-$836,394K (-15.54%↓ Y/Y)Total liabilities andshareholders' deficit$140,731K (9.11%↑ Y/Y)Total shareholders'deficit-$42,457K (63.24%↑ Y/Y)Additional paid-in capital$793,925K (30.49%↑ Y/Y)Common stock, 0.0001par value...$12K (200.00%↑ Y/Y)Total liabilities$183,188K (-25.07%↓ Y/Y)Total currentliabilities$157,782K (62.53%↑ Y/Y)Operating leaseliabilities, long term$10,434K (-0.86%↓ Y/Y)Long-term debt, net ofcurrent maturities$10,007K (-83.51%↓ Y/Y)Due to relatedparties, long term$2,100K (-95.80%↓ Y/Y)Other long-termliabilities$1,291K (-93.36%↓ Y/Y)Convertible notes at fairvalue, long term$1,042K (-82.28%↓ Y/Y)Finance leaseliabilities, long term$532K (-34.56%↓ Y/Y)Convertible notes at fairvalue, current$44,651K Accrued expenses andother current...$41,961K (-15.38%↓ Y/Y)Deferred revenue$30,163K (68.95%↑ Y/Y)Accounts payable$22,148K (13.78%↑ Y/Y)Current maturities oflong-term debt$12,585K (382.18%↑ Y/Y)Operating leaseliabilities, current$4,271K (12.13%↑ Y/Y)Due to relatedparties, current$1,719K (-50.55%↓ Y/Y)Finance leaseliabilities, current$281K (6.84%↑ Y/Y)Safe notes at fairvalue, current$3K (-66.67%↓ Y/Y)

SURF AIR MOBILITY INC. (SRFM)

SURF AIR MOBILITY INC. (SRFM)