SOAR Technology Acquisition Corp. (FLYA) financial statements (2022 and earlier)

Company profile

Business Address 228 PARK AVE S PMB 74335
NEW YORK, NY 10003-1502
State of Incorp.
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,487
Cash and cash equivalents1,487
Prepaid expense354
Total current assets:1,841
Noncurrent Assets
Assets held-in-trust236,904
Other noncurrent assets233
Total noncurrent assets:237,137
TOTAL ASSETS:238,978
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities71
Accrued liabilities71
Other undisclosed current liabilities1
Total current liabilities:72
Noncurrent Liabilities
Other undisclosed noncurrent liabilities18,239
Total noncurrent liabilities:18,239
Total liabilities:18,312
Temporary equity, carrying amount236,904
Stockholders' equity
Stockholders' equity attributable to parent, including:(16,238)
Accumulated deficit(16,238)
Other undisclosed stockholders' equity attributable to parent1
Total stockholders' equity:(16,238)
TOTAL LIABILITIES AND EQUITY:238,978

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

12/31/2021
Operating expenses(260)
Operating loss:(260)
Nonoperating income3,230
Other nonoperating income3,226
Income before gain (loss) on sale of properties:2,970
Other undisclosed net loss(4)
Net income attributable to parent:2,966
Preferred stock dividends and other adjustments25,971
Net income available to common stockholders, diluted:28,937

Comprehensive Income ($ in thousands)

12/31/2021
Net income:2,966
Comprehensive income, net of tax, attributable to parent:2,966

Statements sources

The financial statements are based on the company's filings with the 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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