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10-Q: Q3 2024 Earnings Report

10-Q: Q3 2024 Earnings Report

10-Q:2024財年三季報
美股SEC公告 ·  2024/11/14 16:40

Moomoo AI 已提取核心訊息

Jet.AI reported Q3 2024 revenue of $3.9 million, a 16% increase from $3.4 million in Q3 2023, driven by growth in aircraft management services and software app revenues. The company's operating loss narrowed to $2.9 million from $4.3 million year-over-year, primarily due to reduced general and administrative expenses and lower stock-based compensation costs.The company's software app and Cirrus charter revenue grew to $2.4 million, while management services revenue increased to $960,000 due to additional managed aircraft. However, gross margin turned negative with a $14,000 loss compared to a $170,000 profit last year, impacted by reduced jet card customer flights without corresponding fixed cost reductions.As of September 30, 2024, Jet.AI had $312,000 in cash and faced continued listing compliance challenges with Nasdaq. The company implemented a 1-for-225 reverse stock split in November 2024 to address the minimum bid price requirement and must demonstrate compliance with listing requirements by November 26, 2024.
Jet.AI reported Q3 2024 revenue of $3.9 million, a 16% increase from $3.4 million in Q3 2023, driven by growth in aircraft management services and software app revenues. The company's operating loss narrowed to $2.9 million from $4.3 million year-over-year, primarily due to reduced general and administrative expenses and lower stock-based compensation costs.The company's software app and Cirrus charter revenue grew to $2.4 million, while management services revenue increased to $960,000 due to additional managed aircraft. However, gross margin turned negative with a $14,000 loss compared to a $170,000 profit last year, impacted by reduced jet card customer flights without corresponding fixed cost reductions.As of September 30, 2024, Jet.AI had $312,000 in cash and faced continued listing compliance challenges with Nasdaq. The company implemented a 1-for-225 reverse stock split in November 2024 to address the minimum bid price requirement and must demonstrate compliance with listing requirements by November 26, 2024.
Jet.AI報告2024年第三季度營業收入爲390萬美元,比2023年第三季度的340萬美元增長了16%,增長主要得益於飛機管理服務和軟體應用收入的增加。公司營業虧損從去年的430萬美元減少至290萬美元,主要是由於一般和行政費用減少以及股權薪酬成本降低。公司的軟體應用和Cirrus包機收入增長至240萬美元,管理服務收入也由於管理的飛機增加而升至96萬美元。然而,毛利率轉爲負值,虧損14,000美元,而去年爲盈利170,000美元,這受到客戶乘坐噴氣卡航班減少而未相應降低固定成本的影響。截至2024年9月30日,Jet.AI現金爲312,000美元,並面臨持續的納斯達克上市合規挑戰。公司於2024年11月實施了1比225的反向拆股,以滿足最低買盤價格要求,並必須在2024年11月26日前證明符合上市要求。
Jet.AI報告2024年第三季度營業收入爲390萬美元,比2023年第三季度的340萬美元增長了16%,增長主要得益於飛機管理服務和軟體應用收入的增加。公司營業虧損從去年的430萬美元減少至290萬美元,主要是由於一般和行政費用減少以及股權薪酬成本降低。公司的軟體應用和Cirrus包機收入增長至240萬美元,管理服務收入也由於管理的飛機增加而升至96萬美元。然而,毛利率轉爲負值,虧損14,000美元,而去年爲盈利170,000美元,這受到客戶乘坐噴氣卡航班減少而未相應降低固定成本的影響。截至2024年9月30日,Jet.AI現金爲312,000美元,並面臨持續的納斯達克上市合規挑戰。公司於2024年11月實施了1比225的反向拆股,以滿足最低買盤價格要求,並必須在2024年11月26日前證明符合上市要求。
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