SURF AIR MOBILITY INC. Financial Summary

Complete Filing Data

SURF AIR MOBILITY INC. reported Stockholders Equity of -$54.86 million for FY2025.

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 SURF AIR MOBILITY INC. 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 YearFY2025FY2024FY2023FY2022
Net Income Loss-$110.6M-$74.9M-$250.7M-$74.4M
Other Nonoperating Income Expense-$8.4M$12.0K-$3.7M-$1.1M
Operating Income Loss-$76.9M-$60.3M-$196.8M-$50.9M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$110.9M-$75.2M-$254.0M-$74.4M
Selling And Marketing Expense$8.2M$7.5M$10.0M$5.2M
Revenue From Contract With Customer Including Assessed Tax$106.6M$119.4M$60.5M$20.3M
Nonoperating Income Expense-$34.1M-$14.9M-$57.2M-$23.5M
General And Administrative Expense$53.3M$29.9M$100.7M$36.8M
Income Tax Expense Benefit-$380.0K-$287.0K-$3.3M
Deferred Revenue Current$17.9M$17.4M$19.0M$7.8M
Interest Expense$3.0M$596.0K
Interest Expense Nonoperating$13.2M$8.6M$3.0M
Deferred Income Tax Expense Benefit-$380.0K-$287.0K-$3.3M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Net Income Loss-$27.2M-$28.0M-$18.5M-$12.2M-$27.0M-$37.0M-$74.6M-$44.5M-$20.6M-$21.1M-$18.8M
Other Nonoperating Income Expense-$105.0K-$612.0K-$1.5M-$265.0K$304.0K-$355.0K-$3.4M-$48.0K-$258.0K-$281.0K-$114.0K
Operating Income Loss-$16.5M-$15.9M-$18.6M-$8.6M-$25.3M-$34.5M-$63.0M-$13.2M-$12.0M-$11.1M-$13.1M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$27.3M-$28.1M-$18.5M-$12.2M-$27.0M-$37.0M-$78.2M-$44.5M-$20.6M-$21.1M-$18.8M
Selling And Marketing Expense$2.1M$1.5M$1.7M$1.3M$2.6M$3.0M$4.5M$1.9M$1.4M$1.4M$1.1M
Revenue From Contract With Customer Including Assessed Tax$29.2M$27.4M$23.5M$28.4M$32.4M$30.6M$22.0M$6.2M$5.5M$5.1M$4.5M
Nonoperating Income Expense-$10.8M-$12.1M$48.0K-$3.6M-$1.8M-$2.5M-$15.2M-$31.4M-$8.5M-$10.0M-$5.7M
General And Administrative Expense$11.2M$12.6M$10.9M$415.0K$19.6M$24.6M$55.6M$9.3M$8.4M$7.6M$9.5M
Income Tax Expense Benefit-$62.0K-$64.0K-$53.0K-$14.0K-$35.0K-$46.0K-$3.6M$0.00$0.00$0.00
Deferred Revenue Current$16.0M$17.9M$16.6M$14.7M$17.1M$18.1M$16.4M$8.4M
Interest Expense$1.9M$1.7M$935.0K$525.0K$171.0K$4.0K$165.0K
Interest Expense Nonoperating$3.3M$3.8M$3.9M$2.1M$1.9M$1.7M$935.0K
Deferred Income Tax Expense Benefit-$53.0K-$46.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Stockholders Equity-$54.9M-$120.0M-$77.5M-$222.1M-$173.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$22.8M$21.7M$2.4M$912.0K$1.6M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$1.1M$19.2M$1.5M-$662.0K
Prepaid Expense And Other Assets Current$14.3M$8.5M$11.1M$7.8M
Liabilities Current$133.6M$89.6M$140.1M$57.4M
Liabilities And Stockholders Equity$131.7M$124.1M$111.0M$13.7M
Liabilities$186.5M$244.1M$188.5M$105.1M
Cash And Cash Equivalents At Carrying Value$12.7M$21.1M$1.7M$6.0K
Assets Current$30.9M$33.9M$17.7M$7.9M
Assets$131.7M$124.1M$111.0M$13.7M
Common Stock Value$7.0K$2.0K$1.0K$1.0K
Gains Losses On Extinguishment Of Debt-$3.9M$5.4M-$326.0K$6.0M
Retained Earnings Accumulated Deficit-$788.0M-$677.4M-$602.5M-$351.8M
Restricted Cash Noncurrent$10.1M$568.0K$711.0K$906.0K
Property Plant And Equipment Net$45.6M$42.2M$46.0M$624.0K
Other Liabilities Noncurrent$3.9M$24.3M$19.4M$9.8M
Operating Lease Right Of Use Asset$12.5M$17.0M$12.8M$1.1M
Operating Lease Liability Noncurrent$8.7M$11.5M$5.5M$246.0K
Operating Lease Liability Current$3.6M$4.1M$4.1M$903.0K
Intangible Assets Net Excluding Goodwill$20.1M$23.1M$26.7M$1.3M
Accounts Receivable Net Current$3.9M$4.3M$5.0M$161.0K
Accounts Payable Current$18.4M$18.0M$18.9M$12.9M
Additional Paid In Capital Common Stock$733.1M$557.4M$525.0M$126.3M
Accrued Liabilities And Other Liabilities$47.7M$45.5M$59.6M$14.7M
Finance Lease Right Of Use Asset$809.0K$1.1M$1.3M
Other Assets Noncurrent$11.7M$6.1M$5.7M$1.8M
Long Term Debt Noncurrent$14.4M$59.9M$20.6M
Long Term Debt Current$2.7M$2.5M$5.2M
Issuance Of Common Stock Under Software License Agreement Value$11.8M$9.6M$2.0M
Finance Lease Liability Noncurrent$670.0K$948.0K$1.1M
Finance Lease Liability Current$277.0K$265.0K$215.0K
Non Cash Operating Lease Expense$5.1M$5.7M$2.1M
Issuance Of Related Party Simple Agreements For Future Equity$444.0K-$9.7M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022
Stockholders Equity-$92.6M-$115.5M-$135.6M-$135.6M-$128.1M-$106.3M$28.3M-$279.3M-$241.5M-$200.3M-$180.1M-$176.9M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$7.1M$27.5M$7.2M$1.1M$2.1M$2.0M$6.8M$3.2M$1.1M$1.6M$6.7M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$14.5M-$440.0K$236.0K
Prepaid Expense And Other Assets Current$9.9M$10.8M$8.6M$9.3M$9.9M$10.7M$18.2M$7.7M
Liabilities Current$88.1M$97.1M$92.1M$133.1M$186.8M$165.5M$104.5M$131.8M
Liabilities And Stockholders Equity$106.8M$129.0M$105.3M$97.9M$105.5M$108.8M$185.5M$14.8M
Liabilities$199.3M$244.5M$240.9M$233.5M$233.6M$215.1M$157.2M$160.4M
Cash And Cash Equivalents At Carrying Value$7.1M$22.6M$6.6M$506.0K$1.5M$1.3M$5.9M$2.3M
Assets Current$22.0M$38.7M$20.0M$14.2M$15.9M$16.7M$28.0M$10.1M
Assets$106.8M$129.0M$105.3M$97.9M$105.5M$108.8M$185.5M$14.8M
Common Stock Value$5.0K$4.0K$2.0K$1.0K$8.0K$8.0K$7.0K$1.0K
Gains Losses On Extinguishment Of Debt$39.0K$63.0K-$389.0K$4.0M
Retained Earnings Accumulated Deficit-$751.1M-$723.9M-$695.9M-$678.7M-$666.5M-$639.5M-$491.5M-$416.9M
Restricted Cash Noncurrent$55.0K$5.0M$570.0K$616.0K$614.0K$713.0K$909.0K$907.0K
Property Plant And Equipment Net$43.5M$42.0M$39.7M$44.0M$47.0M$46.7M$49.2M$701.0K
Other Liabilities Noncurrent$18.1M$19.4M$20.3M$21.4M$22.5M$22.5M$12.4M$18.5M
Operating Lease Right Of Use Asset$13.7M$15.0M$15.6M$8.8M$10.5M$12.3M$13.2M$446.0K
Operating Lease Liability Noncurrent$9.6M$10.5M$10.8M$3.2M$3.9M$4.7M$6.3M$135.0K
Operating Lease Liability Current$3.7M$3.8M$3.9M$3.7M$4.3M$4.8M$4.3M$317.0K
Intangible Assets Net Excluding Goodwill$20.8M$21.5M$22.3M$24.0M$24.9M$25.8M$34.6M$2.7M
Accounts Receivable Net Current$5.0M$5.3M$4.7M$4.4M$4.5M$4.7M$3.9M$67.0K
Accounts Payable Current$16.4M$19.5M$17.8M$26.8M$26.0M$20.6M$20.0M$13.1M
Additional Paid In Capital Common Stock$658.6M$608.4M$560.3M$543.1M$538.4M$533.2M$519.8M$128.7M
Accrued Liabilities And Other Liabilities$47.5M$49.6M$48.3M$72.9M$78.9M$72.2M$46.4M
Finance Lease Right Of Use Asset$883.0K$957.0K$1.0M$1.2M$1.3M$1.4M$1.4M
Other Assets Noncurrent$5.8M$5.8M$6.1M$5.1M$5.3M$5.3M
Long Term Debt Noncurrent$61.1M$60.7M$60.3M$17.7M$18.3M$20.0M$23.6M
Long Term Debt Current$2.7M$2.6M$2.6M$4.8M$4.9M$5.1M$2.9M
Issuance Of Common Stock Under Software License Agreement Value$2.7M$2.2M$947.0K$2.0M$4.0M
Finance Lease Liability Noncurrent$742.0K$813.0K$879.0K$1.0M$1.1M$1.1M$1.2M
Finance Lease Liability Current$269.0K$263.0K$272.0K$259.0K$256.0K$249.0K$228.0K
Non Cash Operating Lease Expense$1.5M$1.4M
Issuance Of Related Party Simple Agreements For Future Equity$444.0K-$9.3M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization$102.4M$109.9M$61.9M$24.8M
Allocated Share Based Compensation Expense$10.1M-$6.0M$48.3M$12.5M
Net Cash Provided By Used In Operating Activities-$64.2M-$54.3M-$64.4M-$28.0M
Net Cash Provided By Used In Investing Activities-$5.7M-$3.6M-$7.1M-$298.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets-$191.0K-$977.0K$959.0K-$173.0K
Net Cash Provided By Used In Financing Activities$71.0M$77.2M$73.0M$27.7M
Payments To Develop Software$2.5M$2.3M$190.0K$199.0K
Increase Decrease In Contract With Customer Liability$531.0K-$4.3M$2.9M$4.0M
Increase Decrease In Accounts Receivable-$328.0K-$708.0K$262.0K$146.0K
Increase Decrease In Accounts Payable$2.5M$9.5M$2.7M$1.3M
Proceeds From Related Party Debt$0.00$34.5M$22.5M$7.1M
Payments To Acquire Property Plant And Equipment$5.9M$11.8M$7.6M$99.0K
Increase Decrease In Other Operating Liabilities-$9.0K-$21.0K-$33.0K-$9.0K
Proceeds From Stock Options Exercised$255.0K$20.0K$191.0K$7.0K
Increase Decrease In Accrued Liabilities And Other Operating Liabilities$3.4M$9.4M$19.0M$5.7M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization$27.7M$24.1M$24.7M$27.5M$27.7M$28.5M$20.6M$7.0M$6.7M$6.2M$5.9M
Allocated Share Based Compensation Expense$2.3M$3.8M$1.9M-$5.4M$7.4M$12.6M$32.6M$1.7M$1.1M
Net Cash Provided By Used In Operating Activities-$15.8M-$12.8M-$9.0M
Net Cash Provided By Used In Investing Activities$782.0K-$743.0K-$132.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$114.0K-$326.0K-$183.0K
Net Cash Provided By Used In Financing Activities$542.0K$13.1M$9.4M
Payments To Develop Software$628.0K$28.0K$49.0K
Increase Decrease In Contract With Customer Liability-$790.0K-$497.0K$384.0K
Increase Decrease In Accounts Receivable$472.0K-$255.0K$58.0K
Increase Decrease In Accounts Payable$1.4M$4.9M$2.4M
Proceeds From Related Party Debt$10.0M$9.2M
Payments To Acquire Property Plant And Equipment$1.3M$715.0K$83.0K
Increase Decrease In Other Operating Liabilities-$5.0K-$1.0M
Proceeds From Stock Options Exercised
Increase Decrease In Accrued Liabilities And Other Operating Liabilities$2.8M$3.5M-$811.0K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Weighted Average Number Of Shares Outstanding Basic35.1M12.9M5.6M13.5M
Weighted Average Number Of Diluted Shares Outstanding35.1M12.9M5.6M13.5M
Earnings Per Share Diluted$-3.15$-5.80$-44.46$-5.51
Earnings Per Share Basic$-3.15$-5.80$-44.46$-5.51
Common Stock Shares Outstanding73.1M16.9M10.9M12.5M
Common Stock Shares Issued73.1M16.9M10.9M12.5M
Common Stock Shares Authorized800.0M800.0M800.0M35.8M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Weighted Average Number Of Shares Outstanding Basic42.4M20.9M16.9M13.0M11.7M11.0M7.8M14.2M14.1M14.0M13.4M
Weighted Average Number Of Diluted Shares Outstanding42.4M20.9M16.9M13.0M11.7M11.0M7.8M14.2M14.1M14.0M13.4M
Earnings Per Share Diluted$-0.64$-1.34$-1.09$-0.94$-2.31$-3.35$-9.55$-3.14$-1.46$-1.51$-1.40
Earnings Per Share Basic$-0.64$-1.34$-1.09$-0.94$-2.31$-3.35$-9.55$-3.14$-1.46$-1.51$-1.40
Common Stock Shares Outstanding47.0M36.6M17.2M13.5M87.0M81.9M73.5M13.4M
Common Stock Shares Issued47.0M36.6M17.2M13.5M87.0M81.9M73.5M13.4M
Common Stock Shares Authorized800.0M800.0M800.0M800.0M800.0M800.0M800.0M35.8M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Technology And Development$10.3M$24.0M$20.9M$3.3M
Depreciation And Amortization$9.3M$8.3M$3.8M$1.0M
Costs And Expenses$183.4M$179.7M$257.3M$71.2M
Changes In Fair Value Of Financial Instruments Carried At Fair Value Net-$8.6M-$11.7M-$50.2M-$27.7M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$10.1M$10.7M$31.1M$12.4M
Stock Issued During Period Value Stock Options Exercised$255.0K$20.0K$191.0K$7.0K
Changes In Fair Value Of Financial Instruments Carried At Fair Value-$8.6M-$11.7M-$50.2M-$27.7M
Safe Notes Fair Value Current$5.0K$13.0K$25.0K$149.0K
Amortization Of Financing Costs And Discounts$1.7M$252.0K$97.0K$46.0K
Stock Issued During Period Value Conversion Of Convertible Securities$48.3M$202.0K$130.0K
Due To Related Parties Long Term$100.0K$50.5M$1.7M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Technology And Development$2.3M$2.7M$2.7M$5.7M$5.7M$7.0M$2.9M$816.0K$812.0K$730.0K$716.0K
Depreciation And Amortization$2.4M$2.4M$2.1M$2.1M$2.1M$2.0M$1.4M$261.0K$258.0K$256.0K$258.0K
Costs And Expenses$45.7M$43.4M$42.1M$37.0M$57.6M$65.1M$85.0M$19.3M$17.6M$16.2M$17.5M
Changes In Fair Value Of Financial Instruments Carried At Fair Value Net-$7.4M-$7.8M$5.4M-$1.2M-$154.0K-$515.0K-$10.9M-$30.4M-$8.1M-$9.7M-$9.4M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$2.3M$3.8M$1.9M$2.7M$3.1M$2.6M$25.9M$799.0K$1.1M$559.0K$5.2M
Stock Issued During Period Value Stock Options Exercised$255.0K$1.0K$161.0K$31.0K
Changes In Fair Value Of Financial Instruments Carried At Fair Value$5.4M-$515.0K-$8.1M
Safe Notes Fair Value Current$10.0K$9.0K$6.0K$22.0K$6.0K$14.0K$27.0K$46.8M
Amortization Of Financing Costs And Discounts$605.0K$47.0K$0.00
Stock Issued During Period Value Conversion Of Convertible Securities$35.2M$202.0K$300.0K
Due To Related Parties Long Term$15.0M$50.0M$50.2M$49.0M$987.0K$1.3M$1.7M

Most recent annual filing with the SEC: March 12, 2026

Data sourced from SEC EDGAR public filings as of August 5, 2026.