Jet.AI Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $9.2M | $14.0M | $12.2M | $21.9M |
| Cost of Revenue | $9.5M | $15.0M | $12.4M | $19.8M |
| Gross Profit | $-300.0K | $-964.6K | $-178.5K | $2.1M |
| Gross Margin | -3.3% | -6.9% | -1.5% | 9.4% |
| Operating Expenses | ||||
| Research & Development | $244.2K | $162.2K | $160.9K | $137.3K |
| SG&A Expense | $8.7M | $10.8M | $11.6M | $9.2M |
| Operating Income | $-10.1M | $-12.6M | $-12.5M | $-7.7M |
| Operating Margin | -109.7% | -89.6% | -102.4% | -35.4% |
| Interest Expense | — | — | $103.6K | — |
| Pretax Income | $4.6M | $-12.7M | $-12.6M | $-7.7M |
| Income Tax Expense | — | — | $2.5K | $2.4K |
| Net Income | $4.6M | $-12.7M | $-12.6M | $-7.7M |
| Net Margin | 50.0% | -90.8% | -103.3% | -35.4% |
| EPS (Basic) | $1.52 | $-0.98 | $-9.19 | $-0.04 |
| EPS (Diluted) | $0.33 | $-0.98 | $-9.19 | $-0.04 |
| Shares Outstanding (Basic) | 3.0M | 13.7M | 310.0M | 216.1M |
| Shares Outstanding (Diluted) | 13.8M | 13.7M | 310.0M | 216.1M |
| Dividends Per Share | — | — | — | — |