MESA AIR GROUP INC
For the period ended Sep 30, 2023. Filed Jan 26, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jan 26, 2024
RJET$20.15+1.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share amounts)
| September 30, | September 30, | |
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $32,940 | $57,683 |
| Restricted cash | 3,132 | 3,342 |
| Receivables, net ($4,016 and $85 from related party) | 8,253 | 3,978 |
| Expendable parts and supplies, net | 29,245 | 26,715 |
| Assets held for sale | 57,722 | — |
| Prepaid expenses and other current assets | 7,294 | 6,616 |
| Total current assets | 138,586 | 98,334 |
| Property and equipment, net | 698,022 | 865,254 |
| Intangible assets, net | — | 3,842 |
| Lease and equipment deposits | 1,630 | 6,085 |
| Operating lease right-of-use assets | 9,709 | 43,090 |
| Deferred heavy maintenance, net | 7,974 | 9,707 |
| Assets held for sale | 12,000 | 73,000 |
| Other assets | 30,546 | 16,290 |
| Total assets | $898,467 | $1,115,602 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt and finance leases ($20,500 and $0 from related party) | $163,550 | $97,218 |
| Current portion of deferred revenue | 4,880 | 385 |
| Current maturities of operating leases | 3,510 | 17,233 |
| Accounts payable | 58,957 | 59,386 |
| Accrued compensation | 10,008 | 11,255 |
| Other accrued expenses | 27,001 | 29,000 |
| Total current liabilities | 267,906 | 214,477 |
| Noncurrent liabilities: | ||
| Long-term debt and finance leases, excluding current portion ($30,630 and $0 from related party) | 364,728 | 502,517 |
| Noncurrent operating lease liabilities | 8,077 | 16,732 |
| Deferred credits ($4,617 and $2,193 from related party) | 4,617 | 3,082 |
| Deferred income taxes | 8,414 | 17,719 |
| Deferred revenue, net of current portion | 16,167 | 23,682 |
| Other noncurrent liabilities | 28,522 | 29,219 |
| Total noncurrent liabilities | 430,525 | 592,951 |
| Total liabilities | 698,431 | 807,428 |
| Commitments and contingencies (Note 17) | ||
| Stockholders' equity: | ||
| Common stock of no par value and additional paid-in capital, 125,000,000 shares authorized; 40,940,326 (2023) and 36,376,897 (2022) shares issued and outstanding, 4,899,497 (2023) and 4,899,497 (2022) warrants issued and outstanding | 271,155 | 259,177 |
| (Accumulated deficit)/Retained Earnings | (71,119) | 48,997 |
| Total stockholders' equity | 200,036 | 308,174 |
| Total liabilities and stockholders' equity | $898,467 | $1,115,602 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.