SURF AIR MOBILITY INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SURF AIR MOBILITY INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($110.56M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | ($74.91M) | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | ($250.70M) | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | ($74.36M) | Mar 29, 2024 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($76.87M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | ($60.26M) | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | ($196.77M) | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | ($50.90M) | Mar 29, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($64.16M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | ($54.32M) | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | ($64.37M) | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | ($28.04M) | Mar 29, 2024 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.94M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $11.76M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $7.59M | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | $99.0K | Mar 29, 2024 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $131.68M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $124.06M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $110.99M | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | $13.70M | Mar 29, 2024 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $186.54M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $244.06M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $188.47M | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | $105.12M | Mar 29, 2024 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($54.86M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | ($120.00M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | ($77.49M) | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | ($222.09M) | Mar 21, 2025 |
| FY2023 | Dec 31, 2021 | ($173.03M) | Mar 29, 2024 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $0 | Mar 21, 2025 |
| FY2024 | Dec 31, 2023 | $0 | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | $0 | Mar 29, 2024 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($788.00M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | ($677.44M) | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | ($602.54M) | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | ($351.84M) | Mar 29, 2024 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.67M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $21.11M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $1.72M | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | $6.0K | Mar 29, 2024 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $17.10M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $62.43M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $25.79M | Mar 21, 2025 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (3) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | (5) | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | (44) | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | (5) | Mar 29, 2024 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (3) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | (5) | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | (44) | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | (5) | Mar 29, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 73.08M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | 16.93M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | 10.88M | Mar 21, 2025 |
| FY2023 | Dec 31, 2022 | 12.49M | Mar 29, 2024 |