EG Acquisition Corp. (FLYXWT) Financial Statements (2026 and earlier)

Company Profile

Business Address 2860 JETPORT ROAD
KINSTON, NC 28504
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)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments29,34018,70215,81914,74931,69418,654
Cash and cash equivalent29,34018,70215,81914,74931,69418,654
Receivables6,2358,3387,8967,4067,1406,257
Inventory, net of allowances, customer advances and progress billings5,0686,0416,3256,0075,6585,978
Inventory5,0686,0416,3256,0075,6585,978
Prepaid expense6022,0573,13341690944
Capitalized contract cost920835854909923633
Deferred costs920835854909923633
Disposal group, including discontinued operation3,4218,4218,6299,7707,78618,867
Financing receivable, excluding accrued interest, after allowance for credit loss✕✕✕✕✕✕158
Other undisclosed current assets27,86623,42721,99827,01389,15581,160
Total current assets:74,37268,65665,50866,804143,969133,284
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization26,06137,14829,38929,76715,680 
Operating lease, right-of-use asset61,02862,44268,24272,48268,97066,387
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization223,730226,187232,781243,966259,874237,045
Intangible asset, including goodwill, after accumulated amortization  1,1921,3261,4711,6001,728
Intangible asset, excluding goodwill, after accumulated amortization  1,1921,3261,4711,6001,728
Capitalized contract cost, net1,4241,2051,1221,046965706
Disposal group, including discontinued operation, noncurrent assets    2,5094,0856,724
Other noncurrent assets4,3831,2441,1611,0851,004746
Financing receivable, excluding accrued interest, after allowance for credit loss✕✕✕✕✕✕6,120
Other undisclosed noncurrent assets48,99850,02943,91447,62642,14334,407
Total noncurrent assets:365,624379,447377,935399,952394,321353,863
TOTAL ASSETS:439,996448,103443,443466,756538,290487,147
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities30,67433,33132,32223,591 26,110
Accounts payable30,67433,33132,32223,591 26,110
Deferred revenue135,891129,714122,798126,555128,90587,542
Debt12,98816,39214,27410,43292,12787,421
Other liabilities36,51929,84830,18527,26929,94426,677
Other undisclosed current liabilities53,87866,65460,59064,34843,77738,391
Total current liabilities:269,950275,939260,169252,195294,753266,141
Noncurrent Liabilities
Long-term debt and lease obligation19,15919,47114,77815,8075,708 
Finance lease, liability19,15919,47114,77815,8075,708 
Liabilities, other than long-term debt125,505116,647113,437113,273108,57992,205
Deferred revenue26,42822,92721,56520,55920,61212,674
Other liabilities47,14039,70836,71633,26030,34223,142
Operating lease, liability47,49348,96752,92357,00954,61152,663
Derivative instruments and hedges, liabilities4,4445,0452,2332,4453,0143,726
Other undisclosed noncurrent liabilities109,652114,758107,652114,458140,922137,831
Total noncurrent liabilities:254,316250,876235,867243,538255,209230,036
Total liabilities:524,266526,815496,036495,733549,962496,177
Temporary equity, including noncontrolling interest213,411306,062155,122192,024159,514135,033
Equity
Equity, attributable to parent, including:(326,751)(434,216)(261,351)(281,462)(234,607)(192,020)
Additional paid in capital113,625 25,59919,5529,6189,453
Accumulated other comprehensive income (loss)   (2)(56)109
Accumulated deficit(440,385)(434,224)(286,958)(301,020)(244,177)(201,590)
Other undisclosed equity, attributable to parent988888
Equity, attributable to noncontrolling interest1,105(467)6,44715,43724,54911,315
Total equity:(325,646)(434,683)(254,904)(266,025)(210,058)(180,705)
Other undisclosed liabilities and equity27,96549,90947,18945,02438,87236,642
TOTAL LIABILITIES AND EQUITY:439,996448,103443,443466,756538,290487,147

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Revenues104,28892,13291,33288,12591,36676,923
Cost of revenue(85,658)(79,533)(77,609)(76,825)(74,985)(68,238)
Gross profit:18,63012,59913,72311,30016,3818,685
Operating expenses(21,782)(19,516)(20,298)(20,990)(24,663)(20,001)
Other undisclosed operating loss(5,686)(4,382)(5,785)(5,046)(4,324)(9,590)
Operating loss:(8,838)(11,299)(12,360)(14,736)(12,606)(20,906)
Nonoperating income (expense)1,959(9,779)(3,769)(8,311)(3,868)(3,230)
Investment income, nonoperating276156236703894979
Other nonoperating income (expense)5,17387212(34)(231)(90)
Interest and debt expense2,766(5,052)(4,429)(4,161)(5,243)(5,619)
Loss from continuing operations before equity method investments, income taxes:(4,113)(26,130)(20,558)(27,208)(21,717)(29,755)
Other undisclosed income (loss) from continuing operations before income taxes(2,766)5,0524,4294,1615,2435,619
Loss from continuing operations before income taxes:(6,879)(21,078)(16,129)(23,047)(16,474)(24,136)
Income tax expense      
Other undisclosed loss from continuing operations (37)   (41) 
Net loss:(6,916)(21,078)(16,129)(23,047)(16,515)(24,136)
Net income (loss) attributable to noncontrolling interest(354)1,044(698)4040(653)
Other undisclosed net income attributable to parent4,10315,76612,06317,55812,66918,515
Net loss attributable to parent:(3,167)(4,268)(4,764)(5,449)(3,806)(6,274)
Other undisclosed net loss available to common stockholders, basic(2,996)(2,640)(2,337)(1,999)(1,783)(1,451)
Net loss available to common stockholders, diluted:(6,163)(6,908)(7,101)(7,448)(5,589)(7,725)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Net loss:(6,916)(21,078)(16,129)(23,047)(16,515)(24,136)
Net income attributable to redeemable noncontrolling interest5,14215,76612,06317,558  
Comprehensive loss:(6,916)(21,078)(16,129)(23,047)(16,515)(24,136)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(354)1,044(698)4040(653)
Other undisclosed comprehensive income, net of tax, attributable to parent4,10315,76612,06517,61212,50318,886
Comprehensive loss, net of tax, attributable to parent:(3,167)(4,268)(4,762)(5,395)(3,972)(5,903)

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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