SURF AIR MOBILITY INC.
For the period ended Mar 31, 2026. Filed May 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
SRFM$0.74+5.2%Stored close · as of Nov 10, 2026
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Unaudited Condensed Consolidated Statement of Changes in Shareholders’ Deficit
(in thousands, except share data)
| Common Shares | |||||
|---|---|---|---|---|---|
| Number ofShares | Amount | Additional Paid-In Capital | AccumulatedDeficit | Total Shareholders' Deficit | |
| Balance at January 1, 2025 | 16,933,692 | $2 | $557,444 | $(677,443) | $(119,997) |
| Issuance of common stock related to restricted shares | 20,554 | — | — | — | — |
| Issuance of common stock under software license agreement | 244,011 | — | 947 | — | 947 |
| Stock-based compensation expense | — | — | 1,879 | — | 1,879 |
| Net loss | — | — | — | (18,466) | (18,466) |
| Balance at March 31, 2025 | 17,198,257 | 2 | 560,270 | (695,909) | (135,637) |
| Common Shares | |||||
|---|---|---|---|---|---|
| Number ofShares | Amount | Additional Paid-In Capital | AccumulatedDeficit | Total Shareholders' Deficit | |
| Balance at January 1, 2026 | 73,082,025 | $7 | $733,135 | $(787,999) | $(54,857) |
| Issuance of common stock related to convertible note conversions | 967,018 | — | 1,876 | — | 1,876 |
| Issuance of common shares under Share Purchase Agreement | 4,350,412 | 1 | 8,659 | — | 8,660 |
| Stock-based compensation expense | — | — | 1,388 | — | 1,388 |
| Net loss | — | — | — | (20,262) | (20,262) |
| Balance at March 31, 2026 | 78,399,455 | $8 | $745,058 | $(808,261) | $(63,195) |
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