Jet.AI Inc.JTAI

Market cap
$270.43K
P/E ratio
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net Loss-3,541,8737-12,616,408-12,733,435
Amortization and depreciation--135,2512,557
Amortization of debt discount--87,98980,761
Stock based compensation--74
Non-cash operating lease costs--509,079524,135
Accounts receivable--96,53935,691
Other current assets---167,790167,680
Accounts payable--366,594740,383
Accrued liabilities--665,42646,223
Deferred revenue--846,433-460,048
Operating lease liability---494,979-510,035
Net cash used in operating activities-21,320-402,677-3,783,473-8,225,594
Purchase of property and equipment--4,339-
Purchase of intangible assets--51,52412,922
Investment in joint venture117575,000100,000-
Deposit on aircraft---2
Deposits and other assets----3,550
Net cash used in investing activities-116,725,000105-190,998-2,409,372
Proceeds from notes payable, net of discount-575,000275,000-
Repayments of notes payable---371,250
Repayments of related party notes payable---297,500
Redemption of Series A and Series A-1 Preferred Stock---1
Offering costs--437,6652
Proceeds from exercise of common stock warrants--1742,474
Proceeds from exercise of Series B Preferred Stock warrants---4
Proceeds from sale of Series B Preferred Stock---2
Proceeds from sale of Common Stock25,000-312
Proceeds from business combination--620,893-
Net cash provided by financing activities117-104,849,960514
Increase in cash and cash equivalents614,395-402,677573,1524
Cash paid for interest---167,054
Cash paid for income taxes--2,464-
Issuance of Common Stock for settlement of accounts payable---2
Issuance of Common Stock from warrant exchange---540,255
Issuance of Common Stock for Series A Preferred Stock conversion---551,000
Issuance of Common Stock for Series B Preferred Stock conversion---29
Issuance of Common Stock for offering costs---175,500
Decrease in prepaid offering costs and accrued liabilities from issuance of common stock---800,000
Increase in accounts payable due to Business Combination--1-
Increase in redeemable preferred stock due to Business Combination--2-
Discounts issued with notes payable--168,750-