Blade Air Mobility Inc. (BLDE) Financial Statements (2025 and earlier)

Company Profile

Business Address 55 HUDSON YARDS
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4522 - Air Transportation, Nonscheduled (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments141,951150,973166,137173,229169,690181,479
Cash and cash equivalents26,30836,75827,87336,81537,34841,739
Short-term investments115,643114,215138,264136,414132,342139,740
Restricted cash and investments2,0581,3021,1481,4592,0452,080
Receivables27,72323,55021,00521,04022,52516,462
Other undisclosed current assets11,18018,18317,97113,00914,7109,177
Total current assets:182,912194,008206,261208,737208,970209,198
Noncurrent Assets
Operating lease, right-of-use asset21,12324,57623,48423,29023,18624,092
Property, plant and equipment22,0933,4682,8993,3222,9092,445
Intangible assets, net (including goodwill)53,27559,30160,89280,80183,73085,289
Goodwill39,57439,77740,37339,22939,79739,890
Intangible assets, net (excluding goodwill)13,70119,52420,51941,57243,93345,399
Other noncurrent assets9281,4391,4029749981,018
Other undisclosed noncurrent assets    390390390
Total noncurrent assets:97,41988,78488,677108,777111,213113,234
TOTAL ASSETS:280,331282,792294,938317,514320,183322,432
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:16,87510,83623,85918,76814,87911,389
Other undisclosed accounts payable and accrued liabilities16,87510,83623,85918,76814,87911,389
Deferred revenue9,2667,9816,8456,83510,0147,788
Other undisclosed current liabilities4,1454,4284,7874,7604,3804,029
Total current liabilities:30,28623,24535,49130,36329,27323,206
Noncurrent Liabilities
Liabilities, other than long-term debt18,26621,45820,18921,01421,16722,508
Deferred income tax liabilities4023574511,4261,3341,716
Operating lease, liability17,86421,10119,73819,58819,83320,792
Other undisclosed noncurrent liabilities2,3931,4804,9583,2608,9796,517
Total noncurrent liabilities:20,65922,93825,14724,27430,14629,025
Total liabilities:50,94546,18360,63854,63759,41952,231
Equity
Equity, attributable to parent229,386236,609234,300262,877260,764270,201
Common stock777777
Additional paid in capital401,753397,477390,083386,953383,629380,852
Accumulated other comprehensive income2,7773,1133,9641,7303,2303,212
Accumulated deficit(175,151)(163,988)(159,754)(125,813)(126,102)(113,870)
Total equity:229,386236,609234,300262,877260,764270,201
TOTAL LIABILITIES AND EQUITY:280,331282,792294,938317,514320,183322,432

Income Statement (P&L) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues67,94551,51447,47871,44260,98945,271
Cost of revenue(51,591)(41,375)(38,468)(55,863)(50,620)(38,107)
Gross profit:16,35410,1399,01015,57910,3697,164
Operating expenses(28,503)(20,007)(25,385)8,1647,8759,346
Other undisclosed operating loss   (19,258)(31,191)(30,453)(29,337)
Operating loss:(12,149)(9,868)(35,633)(7,448)(12,209)(12,827)
Nonoperating income (expense)8755,5506697,866(399)2,439
Other nonoperating income (expense)   6697,866(399)2,439
Income (loss) from continuing operations before income taxes:(11,274)(4,318)(34,964)418(12,608)(10,388)
Income tax expense (benefit)(52)841,023(129)376196
Net income (loss) attributable to parent:(11,326)(4,234)(33,941)289(12,232)(10,192)
Undistributed earnings (loss) allocated to participating securities, basic    (22)  
Net income (loss) available to common stockholders, basic:(11,326)(4,234)(33,941)267(12,232)(10,192)
Other undisclosed net income available to common stockholders, diluted    2  
Net income (loss) available to common stockholders, diluted:(11,326)(4,234)(33,941)269(12,232)(10,192)

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income (loss):(11,326)(4,234)(33,941)289(12,232)(10,192)
Comprehensive income (loss):(11,326)(4,234)(33,941)289(12,232)(10,192)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(336)(851)2,234(1,500)18925
Comprehensive loss, net of tax, attributable to parent:(11,662)(5,085)(31,707)(1,211)(12,214)(9,267)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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