HARBOR DIVERSIFIED, INC. (HRBR) Financial Statements (2024 and earlier)

Company Profile

Business Address W6390 CHALLENGER DRIVE
APPLETON, WI 54914
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments187,160175,540130,37369,454
Cash and cash equivalents33,33337,170130,37369,454
Short-term investments153,827138,370  
Restricted cash and investments8491,449820819
Receivables40,3417,4227,9775,525
Prepaid expense3,7324,1742,3101,003
Contract with customer, asset, after allowance for credit loss    
Other undisclosed current assets24,1745,7186,3708,219
Total current assets:256,256194,303147,85085,020
Noncurrent Assets
Property, plant and equipment102,259124,659149,391151,238
Other noncurrent assets24,13280,43953,21236,374
Total noncurrent assets:126,391205,098202,603187,612
TOTAL ASSETS:382,647399,401350,453272,632
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities33,29135,11726,98632,622
Taxes payable 107213
Employee-related liabilities14,88514,76115,474
Accounts payable20,16520,06011,77316,608
Accrued liabilities13,126172345327
Deferred revenue 18,54643,89018,4438,342
Debt9,1545,88023,65212,845
Other undisclosed current liabilities5,0915,1501,3616,311
Total current liabilities:66,08290,03770,44260,120
Noncurrent Liabilities
Long-term debt and lease obligation 52,06872,54798,537118,376
Long-term debt, excluding current maturities 52,06861,67094,186107,838
Liabilities, other than long-term debt15,81613,78247,47412,340
Deferred revenue 10,37238,5008,086
Deferred income tax liabilities7,9906886,2002,599
Other liabilities1,9772,7222,7741,655
Operating lease, liability5,84910,8774,35110,538
Other undisclosed noncurrent liabilities4,2754,2754,2754,275
Total noncurrent liabilities:72,15990,604150,286134,991
Total liabilities:138,241180,641220,728195,111
Temporary equity, carrying amount13,20013,20013,200 
Equity
Equity, attributable to parent231,206205,560116,52577,521
Common stock555555555555
Treasury stock, value(14,983)(3,280)(481)(481)
Additional paid in capital285,668287,429288,221288,980
Accumulated deficit(40,034)(79,144)(171,770)(211,533)
Total equity:231,206205,560116,52577,521
TOTAL LIABILITIES AND EQUITY:382,647399,401350,453272,632

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues280,863247,5797,307263,605
Gross profit:280,863247,5797,307263,605
Operating expenses(224,997)(142,410)(142,599)(284,467)
Other undisclosed operating income   178,642 
Operating income (loss):55,866105,16943,350(20,862)
Nonoperating income (expense)(1,763)12,878(1,127)1,271
Investment income, nonoperating7,0242,0246281,271
Other nonoperating income (expense)(11)2,496(19) 
Interest and debt expense5310,363(1,736)(1,806)
Other undisclosed income from continuing operations before equity method investments, income taxes   1,7362,505
Income (loss) from continuing operations before equity method investments, income taxes:54,156128,41042,223(18,892)
Other undisclosed loss from continuing operations before income taxes(53)(10,363)  
Income (loss) from continuing operations before income taxes:54,103118,04742,223(18,892)
Income tax expense(14,993)(25,421)(2,460)(322)
Income (loss) from continuing operations:39,11092,62639,763(19,214)
Income (loss) before gain (loss) on sale of properties:92,62639,763(19,214)
Net income (loss) attributable to parent:39,11092,62639,763(19,214)
Preferred stock dividends and other adjustments(792)(792)(759) 
Net income (loss) available to common stockholders, diluted:38,31891,83439,004(19,214)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):39,11092,62639,763(19,214)
Comprehensive income (loss), net of tax, attributable to parent:39,11092,62639,763(19,214)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: