EG Acquisition Corp. (FLYXWT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
375 PARK AVENUE, 24TH FLOOR NEW YORK, NY 10152 |
| 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
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 18,654 | 9,339 | 5,349 | 11,626 | 455 | 645 | |||
| Cash and cash equivalent | 18,654 | 9,339 | 5,349 | 11,626 | 455 | 645 | |||
| Receivables | 6,257 | 5,526 | 5,140 | 4,460 | |||||
| Inventory, net of allowances, customer advances and progress billings | 5,978 | 6,050 | 5,389 | 5,142 | |||||
| Inventory | 5,978 | 6,050 | 5,389 | 5,142 | |||||
| Prepaid expense | 944 | 243 | 278 | 446 | 66 | 119 | |||
| Capitalized contract cost | 633 | 546 | 577 | 514 | |||||
| Deferred costs | 633 | 560 | 577 | 514 | |||||
| Disposal group, including discontinued operation | 18,867 | 15,227 | 13,527 | ||||||
| Financing receivable, excluding accrued interest, after allowance for credit loss | ✕ | 158 | 155 | 153 | 301 | ||||
| Other undisclosed current assets | 81,160 | 90,781 | 94,210 | 93,790 | |||||
| Total current assets: | 133,284 | 128,427 | 125,200 | 116,793 | 520 | 764 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | |||||||||
| Operating lease, right-of-use asset | 66,387 | 68,205 | 73,727 | 84,649 | |||||
| Property, plant and equipment | 237,045 | 251,476 | 272,242 | 253,976 | |||||
| Long-term investments and receivables | 45,161 | 44,102 | |||||||
| Long-term investments | 45,161 | 44,102 | |||||||
| Intangible assets, net (including goodwill) | 1,728 | 1,907 | 2,105 | 2,234 | |||||
| Intangible assets, net (excluding goodwill) | 1,728 | 1,907 | 2,105 | 2,234 | |||||
| Capitalized contract cost, net | 706 | 704 | 662 | 631 | |||||
| Disposal group, including discontinued operation, noncurrent assets | 6,724 | 6,744 | 9,729 | ||||||
| Other noncurrent assets | 746 | 743 | 701 | 670 | |||||
| Financing receivable, excluding accrued interest, after allowance for credit loss | ✕ | 6,120 | 6,148 | 6,187 | 21,177 | ||||
| Other undisclosed noncurrent assets | 34,407 | 30,368 | 33,514 | 40,900 | |||||
| Total noncurrent assets: | 353,863 | 366,295 | 398,867 | 404,237 | 45,161 | 44,102 | |||
| TOTAL ASSETS: | 487,147 | 494,722 | 524,067 | 521,030 | 45,681 | 44,866 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 26,110 | 30,682 | 32,082 | 3,123 | 3,118 | ||||
| Accounts payable | 26,110 | 30,682 | 32,082 | ||||||
| Accrued liabilities | 2,447 | 2,336 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 676 | 782 | |||||||
| Deferred revenue | 87,542 | 79,386 | 82,329 | 83,914 | |||||
| Debt | 87,421 | 28,912 | 31,145 | 40,867 | 2,810 | 2,050 | |||
| Other liabilities | 26,677 | 24,445 | 23,343 | 28,705 | 282 | 252 | |||
| Other undisclosed current liabilities | 38,391 | 38,548 | 38,847 | 68,050 | 2,447 | 2,336 | |||
| Total current liabilities: | 266,141 | 201,973 | 207,746 | 221,536 | 8,661 | 7,755 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 166,818 | ||||||||
| Long-term debt, excluding current maturities | 166,818 | ||||||||
| Finance lease, liability | |||||||||
| Liabilities, other than long-term debt | 92,205 | 94,102 | 92,753 | 97,346 | |||||
| Deferred revenue | 12,674 | 11,757 | 10,945 | 10,026 | |||||
| Other liabilities | 23,142 | 23,102 | 18,921 | 16,712 | |||||
| Operating lease, liability | 52,663 | 54,017 | 58,525 | 68,100 | |||||
| Derivative instruments and hedges, liabilities | 3,726 | 5,226 | 4,362 | 2,508 | |||||
| Other undisclosed noncurrent liabilities | 137,831 | 205,427 | 202,079 | 9,896 | 11,474 | ||||
| Total noncurrent liabilities: | 230,036 | 299,529 | 294,832 | 264,164 | 9,896 | 11,474 | |||
| Total liabilities: | 496,177 | 501,502 | 502,578 | 485,700 | 18,557 | 19,229 | |||
| Temporary equity, including noncontrolling interest | 135,033 | 130,600 | 155,786 | (35,525) | |||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (192,020) | (149,705) | (149,509) | 46,461 | (17,438) | (18,028) | |||
| Additional paid in capital | 9,453 | 126,978 | |||||||
| Accumulated other comprehensive income (loss) | 109 | (262) | (238) | (69) | |||||
| Accumulated deficit | (201,590) | (149,451) | (149,279) | (80,456) | (17,438) | (18,028) | |||
| Other undisclosed equity, attributable to parent | 8 | 8 | 8 | 8 | 1 | 1 | |||
| Equity, attributable to noncontrolling interest | 11,315 | 12,325 | 15,212 | 24,394 | |||||
| Other undisclosed equity | 44,561 | 43,665 | |||||||
| Total equity: | (180,705) | (137,380) | (134,297) | 70,855 | 27,124 | 25,637 | |||
| Other undisclosed liabilities and equity | 36,642 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 487,147 | 494,722 | 524,067 | 521,030 | 45,681 | 44,866 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 76,923 | 79,013 | 79,972 | 315,362 | ||||
| Cost of revenue | (68,238) | (72,755) | (74,234) | |||||
| Gross profit: | 8,685 | 6,258 | 5,738 | |||||
| Operating expenses | (20,001) | (21,490) | (25,183) | |||||
| Other undisclosed operating loss | (9,590) | (6,610) | (7,980) | (49,013) | (558) | (1,013) | ||
| Operating loss: | (20,906) | (21,842) | (27,425) | (49,013) | (558) | (1,013) | ||
| Nonoperating income (expense) | (3,230) | (6,012) | (5,565) | (8,737) | 2,156 | 434 | ||
| Investment income, nonoperating | 979 | 1,162 | 1,278 | |||||
| Interest and debt expense | (5,619) | (5,666) | (4,655) | |||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 14,843 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (29,755) | (33,520) | (37,645) | (42,907) | 1,597 | (579) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 5,619 | 5,666 | 4,655 | (14,843) | ||||
| Income (loss) from continuing operations before income taxes: | (24,136) | (27,854) | (32,990) | (57,750) | 1,597 | (579) | ||
| Income tax expense | (111) | (401) | ||||||
| Other undisclosed income (loss) from continuing operations | 1,011 | |||||||
| Net income (loss): | (24,136) | (27,854) | (32,990) | (56,740) | 1,486 | (980) | ||
| Net income (loss) attributable to noncontrolling interest | (653) | 2,200 | 5,450 | |||||
| Other undisclosed net income attributable to parent | 18,515 | 20,501 | 21,699 | 7,903 | ||||
| Net income (loss) attributable to parent: | (6,274) | (5,153) | (5,841) | (48,837) | 1,486 | (980) | ||
| Preferred stock dividends and other adjustments | (972) | (285) | ||||||
| Other undisclosed net income (loss) available to common stockholders, basic | (1,451) | 4,336 | ||||||
| Net income (loss) available to common stockholders, diluted: | (7,725) | (6,125) | (6,126) | (44,500) | 1,486 | (980) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (24,136) | (27,854) | (32,990) | (56,740) | 1,486 | (980) | ||
| Comprehensive income (loss): | (24,136) | (27,854) | (32,990) | (56,740) | 1,486 | (980) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (653) | 2,200 | 5,450 | |||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 18,886 | 20,477 | 21,530 | 8,310 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,903) | (5,177) | (6,010) | (48,430) | 1,486 | (980) | ||
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.