Complete Filing Data
New Horizon Aircraft Ltd. reported Stockholders Equity of -$6.86 million for FY2023.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean New Horizon Aircraft Ltd. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Net Income * | $5.2M | -$8.2M | $8.6M |
| Operating Income Loss | -$13.6M | -$4.6M | -$1.7M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $5.2M | -$8.2M | $9.7M |
| Nonoperating Income Expense | $18.8M | -$3.5M | $11.4M |
| Operating Expenses | $13.6M | $4.6M | $1.5M |
| Research And Development Expense | $3.7M | $880.0K | $676.0K |
| General And Administrative Expense | $9.9M | $3.7M | $787.0K |
| Other Nonoperating Income Expense | -$10.0K | $575.0K | $290.0K |
| Interest Income Expense Nonoperating Net | $123.0K | -$163.0K | -$74.0K |
| Income Tax Expense Benefit | $1.1M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$8.7M | -$10.9M | -$4.9M | $19.7M | -$2.9M | -$5.3M | -$740.0K | $112.7K | $1.1M | $499.41B | -$385.0K | -$1.4K | -$1.1K | -$338.00 |
| Operating Income Loss | -$5.1M | -$5.9M | -$3.6M | -$3.3M | -$2.7M | -$1.3M | -$824.0K | -$612.5K | -$295.8K | -$130.3K | -$1.4K | -$1.1K | -$338.00 | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$8.7M | -$10.9M | -$4.9M | $19.7M | -$2.9M | -$5.3M | -$740.0K | $869.7K | -$269.0K | -$1.4K | ||||
| Nonoperating Income Expense | -$3.5M | -$5.0M | -$1.4M | $22.9M | -$206.0K | -$4.0M | $84.0K | $1.5M | $24.0K | |||||
| Operating Expenses | $5.1M | $5.9M | $3.6M | $3.3M | $2.7M | $1.3M | $824.0K | $380.0K | $295.8K | $130.3K | $1.1K | $338.00 | ||
| Research And Development Expense | $2.6M | $2.7M | $443.0K | $427.0K | $297.0K | $270.0K | $219.0K | $145.0K | $138.0K | |||||
| General And Administrative Expense | $2.5M | $3.2M | $3.1M | $2.8M | $2.4M | $989.0K | $605.0K | $235.0K | $155.0K | |||||
| Other Nonoperating Income Expense | $265.0K | $25.0K | -$11.0K | $47.0K | -$29.0K | -$6.0K | $227.0K | $2.0K | ||||||
| Interest Income Expense Nonoperating Net | $194.0K | $118.0K | $51.0K | $13.0K | $11.0K | -$15.0K | -$143.0K | -$38.0K | ||||||
| Income Tax Expense Benefit | $757.0K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Stockholders Equity | -$6.9M | $16.3K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $16.1K | $88.3K | ||
| Retained Earnings Accumulated Deficit | -$14.7M | -$6.9M | -$8.7K | |
| Liabilities And Stockholders Equity | $4.9M | $122.1M | $458.5K | |
| Liabilities | $22.9M | $7.1M | $442.1K | |
| Assets Current | $4.7M | $121.8K | $89.6K | |
| Assets | $4.9M | $122.1M | $458.5K | |
| Liabilities Current | $1.3M | $986.2K | $442.1K | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | $5.7M | $1.6M | -$72.1K | |
| Accounts Payable Current | $715.0K | $685.0K | ||
| Accrued Liabilities Current | $574.0K | $46.1K | $142.1K | |
| Property Plant And Equipment Net | $205.0K | $52.0K | ||
| Operating Lease Right Of Use Asset | $75.0K | $121.0K | ||
| Operating Lease Liability Current | $44.0K | $46.0K | ||
| Liabilities Fair Value Adjustment | $6.2M | |||
| Accrued Offering Costs | $70.0K | $142.1K | ||
| Cash And Cash Equivalents At Carrying Value | $1.8M | $228.0K | ||
| Deferred Offering Costs Included In Accrued Offering Costs | $70.0K | |||
| Common Stock Value | $5.1M | |||
| Accounts Receivable Net Current | $417.0K | |||
| Operating Lease Liability Noncurrent | $30.0K | $74.0K | ||
| Cash | $1.8M | $228.0K | ||
| Derivative Liabilities Noncurrent | $20.9M | $2.7M | ||
| Deferred Costs | $368.8K | |||
| Repayments Of Related Party Debt | $300.0K | |||
| Cash Received For Stock Subscription Receivable | $206.00 | |||
| Temporary Equity Carrying Amount Attributable To Parent | $121.9M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity | $14.5M | $10.8M | $2.6M | $7.0M | -$2.4M | -$22.1M | -$17.9M | -$16.1M | -$1.0M | -$12.5M | -$3.0M | -$2.7M | -$705.0K | $22.2K | $23.6K | -$338.00 |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $24.3M | $16.3M | $7.5M | $9.2M | $887.0K | $3.8M | $1.8M | $4.4M | $5.9M | $68.3K | $130.0K | $206.9K | ||||
| Retained Earnings Accumulated Deficit | -$29.0M | -$20.4M | -$9.5M | -$2.9M | $2.1M | -$17.6M | -$13.0M | -$12.5M | -$3.0M | -$2.7M | ||||||
| Liabilities And Stockholders Equity | $25.6M | $17.0M | $8.4M | $10.3M | $2.0M | $6.2M | $6.8M | $121.7M | $120.4M | $119.3M | ||||||
| Liabilities | $11.2M | $6.2M | $5.8M | $3.3M | $4.3M | $28.4M | $23.0M | $13.6M | $3.6M | $3.6M | ||||||
| Assets Current | $24.8M | $16.7M | $8.2M | $10.1M | $1.8M | $6.0M | $6.6M | $222.6K | $502.2K | $779.6K | ||||||
| Assets | $25.6M | $17.0M | $8.4M | $10.3M | $2.0M | $6.2M | $6.8M | $121.7M | $120.4M | $119.3M | ||||||
| Liabilities Current | $3.8M | $2.1M | $1.3M | $1.4M | $639.0K | $1.5M | $2.3M | $1.3M | $160.9K | $129.0K | ||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | $8.7M | $2.0M | -$124.0K | |||||||||||||
| Accounts Payable Current | $906.0K | $382.0K | $679.0K | $832.0K | $374.0K | $1.2M | $1.4M | $354.5K | $57.7K | $16.8K | ||||||
| Accrued Liabilities Current | $2.9M | $1.7M | $625.0K | $565.0K | $236.0K | $212.0K | $804.0K | $59.3K | ||||||||
| Property Plant And Equipment Net | $774.0K | $298.0K | $209.0K | $205.0K | $151.0K | $175.0K | $169.0K | |||||||||
| Operating Lease Right Of Use Asset | $21.0K | $25.0K | $30.0K | $37.0K | $50.0K | $63.0K | $88.0K | |||||||||
| Operating Lease Liability Current | $19.0K | $23.0K | $22.0K | $21.0K | $29.0K | $36.0K | $35.0K | |||||||||
| Liabilities Fair Value Adjustment | -$4.0M | -$80.0K | ||||||||||||||
| Accrued Offering Costs | $70.0K | $70.0K | $70.0K | |||||||||||||
| Cash And Cash Equivalents At Carrying Value | $24.3M | $7.5M | $68.3K | $88.3K | ||||||||||||
| Deferred Offering Costs Included In Accrued Offering Costs | $70.0K | |||||||||||||||
| Common Stock Value | $78.3M | $76.3M | $74.4M | $72.4M | $67.00 | |||||||||||
| Accounts Receivable Net Current | $220.0K | $81.0K | $96.0K | $149.0K | $23.0K | $59.0K | $127.0K | $15.0K | ||||||||
| Operating Lease Liability Noncurrent | $2.0K | $8.0K | $14.0K | $19.0K | $25.0K | |||||||||||
| Cash | $24.3M | $7.5M | $68.3K | $88.3K | ||||||||||||
| Derivative Liabilities Noncurrent | $21.1M | $20.6M | $8.9M | |||||||||||||
| Deferred Costs | ||||||||||||||||
| Repayments Of Related Party Debt | $300.0K | |||||||||||||||
| Cash Received For Stock Subscription Receivable | $206.00 | |||||||||||||||
| Temporary Equity Carrying Amount Attributable To Parent | $120.6M | $119.8M | $118.4M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$9.3M | -$3.3M | -$2.1M |
| Net Cash Provided By Used In Financing Activities | $15.2M | $5.1M | $118.8M |
| Increase Decrease In Prepaid Expense | -$1.9M | -$278.0K | $69.7K |
| Increase Decrease In Accounts Payable | -$36.0K | $184.0K | $685.0K |
| Increase Decrease In Accrued Liabilities | $51.0K | $526.0K | $46.1K |
| Net Cash Provided By Used In Investing Activities | -$142.0K | -$209.0K | -$116.7M |
| Share Based Compensation | $1.5M | $66.0K | $55.0K |
| Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition | $815.0K | $66.0K | $55.0K |
| Payments Of Stock Issuance Costs | $510.0K | ||
| Increase Decrease In Accounts Receivable | -$321.0K | $402.0K | $15.0K |
| Proceeds From Issuance Of Common Stock | $2.1M | ||
| Payments Of Financing Costs | |||
| Proceeds From Convertible Debt | $6.7M | ||
| Stock Issued During Period Value Share Based Compensation | |||
| Proceeds From Related Party Debt | |||
| Payments To Acquire Property Plant And Equipment | $142.0K | $209.0K | |
| Increase Decrease In Operating Lease Liability | $3.0K | -$54.0K | |
| Proceeds From Other Equity | $113.7M | ||
| Proceeds From Issuance Of Private Placement | $5.7M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$2.4M | -$1.5M | -$405.0K | -$314.3K | -$5.6K | |||||||
| Net Cash Provided By Used In Financing Activities | $11.2M | $3.5M | $297.0K | $118.6M | $239.4K | |||||||
| Increase Decrease In Prepaid Expense | -$157.0K | -$313.0K | $33.0K | $242.8K | $4.1K | |||||||
| Increase Decrease In Accounts Payable | -$297.0K | $520.0K | -$6.0K | |||||||||
| Increase Decrease In Accrued Liabilities | $1.1M | -$362.0K | $27.3K | |||||||||
| Net Cash Provided By Used In Investing Activities | -$139.0K | -$16.0K | -$117.9M | |||||||||
| Share Based Compensation | $2.4M | $100.0K | $13.0K | |||||||||
| Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition | $179.0K | $1.6M | $71.0K | $113.0K | $26.0K | $10.0K | $33.0K | $13.0K | ||||
| Payments Of Stock Issuance Costs | $510.0K | $412.00 | ||||||||||
| Increase Decrease In Accounts Receivable | -$14.0K | -$358.0K | ||||||||||
| Proceeds From Issuance Of Common Stock | $3.9M | $25.0K | ||||||||||
| Payments Of Financing Costs | $466.2K | $85.6K | ||||||||||
| Proceeds From Convertible Debt | $300.0K | |||||||||||
| Stock Issued During Period Value Share Based Compensation | $10.0K | $33.0K | $13.0K | $16.0K | $16.0K | $7.0K | ||||||
| Proceeds From Related Party Debt | $300.0K | |||||||||||
| Payments To Acquire Property Plant And Equipment | $139.0K | $16.0K | ||||||||||
| Increase Decrease In Operating Lease Liability | -$1.0K | -$13.0K | ||||||||||
| Proceeds From Other Equity | $113.7M | |||||||||||
| Proceeds From Issuance Of Private Placement | $5.7M |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 25.8M | 10.7M | 7.3M | |
| Earnings Per Share Basic | $0.20 | $-0.76 | $-0.17 | |
| Weighted Average Number Of Diluted Shares Outstanding | 30.8M | 10.7M | 7.3M | |
| Earnings Per Share Diluted | $0.17 | $-0.76 | $-0.17 | |
| Preferred Stock Shares Authorized | 1.0M | 1.0M | ||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 42.1M | 37.1M | 29.5M | 23.6M | 19.2M | 11.7M | 5.1M | 5.1M | 6.3M | |
| Earnings Per Share Basic | $-0.21 | $-0.29 | $-0.17 | $0.83 | $-0.15 | $-0.45 | $-0.15 | $-0.08 | $-0.04 | |
| Weighted Average Number Of Diluted Shares Outstanding | 42.1M | 37.1M | 29.5M | 24.6M | 19.2M | 11.7M | 5.1M | 5.1M | 6.3M | |
| Earnings Per Share Diluted | $-0.21 | $-0.29 | $-0.17 | $0.80 | $-0.15 | $-0.45 | $-0.15 | $-0.08 | $-0.04 | |
| Preferred Stock Shares Authorized | 1.0M | 1.0M | 1.0M | |||||||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Prepaid Expense Current | $2.4M | $71.1K | $1.4K | |
| Operating Costs And Expenses | $1.7M | |||
| Stock Issued During Period Value New Issues | $880.0K | $132.5K | ||
| Additional Paid In Capital | -$77.7M | $24.7K | ||
| Depreciation And Amortization | $138.0K | $56.0K | $27.0K | |
| Investment Income Interest | $5.2M | |||
| Accretion Of Class Ordinary Shares Subject To Redemption Value | 15.7M | |||
| Warrants And Rights Outstanding | $576.0K | $970.0K | ||
| Advance From Sponsor For Payment Of Formation Costs | ||||
| Adjustments To Additional Paid In Capital Warrant Issued | $5.2M | $970.0K | $3.4M | |
| Stock Issued During Period Value Other | $3.9M | $5.7M | ||
| Fair Value Adjustment Of Warrants | $2.0M | -$394.0K | ||
| Stock Issued During Period Value Representative Shares | ||||
| Interest Paid Net | $1.0K | $23.0K | $14.0K | |
| Valuation Of Representative Shares | 132.5K | |||
| Adjustments To Additional Paid In Capital Stock Issued Issuance Costs | $206.2K | |||
| Stock Issued During Period Value Warrant Exercised | $6.0M | |||
| Noncash Interest | $196.0K | $57.0K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Prepaid Expense Current | $319.0K | $372.0K | $530.0K | $741.0K | $851.0K | $2.1M | $2.0M | $154.4K | $219.1K | $244.2K | ||
| Operating Costs And Expenses | $612.5K | $1.4K | ||||||||||
| Stock Issued During Period Value New Issues | $10.8M | $8.3M | $2.1M | $1.8M | -$20.1M | $132.5K | $25.0K | |||||
| Additional Paid In Capital | -$72.1M | -$71.7M | -$78.8M | -$75.5M | $55.0K | |||||||
| Depreciation And Amortization | $51.0K | $30.0K | $6.0K | |||||||||
| Investment Income Interest | $1.6M | $1.4M | $629.7K | |||||||||
| Accretion Of Class Ordinary Shares Subject To Redemption Value | 12.2M | |||||||||||
| Warrants And Rights Outstanding | $7.4M | $4.1M | $4.5M | $1.9M | $3.7M | $5.7M | ||||||
| Advance From Sponsor For Payment Of Formation Costs | $412.00 | |||||||||||
| Adjustments To Additional Paid In Capital Warrant Issued | $5.2M | $3.4M | ||||||||||
| Stock Issued During Period Value Other | $6.3M | $5.7M | ||||||||||
| Fair Value Adjustment Of Warrants | $4.0M | $5.1M | $1.4M | -$2.0M | $5.0K | |||||||
| Stock Issued During Period Value Representative Shares | 132.5K | |||||||||||
| Interest Paid Net | $1.0K | $1.0K | ||||||||||
| Valuation Of Representative Shares | 132.5K | |||||||||||
| Adjustments To Additional Paid In Capital Stock Issued Issuance Costs | $206.2K | |||||||||||
| Stock Issued During Period Value Warrant Exercised | $1.1M | $8.5M | $5.9M | $103.0K | $44.0K | |||||||
| Noncash Interest | $30.0K |
Most recent annual filing with the SEC: August 22, 2025
Data sourced from SEC EDGAR public filings as of August 6, 2026.