Volato Group, Inc.
For the period ended Mar 31, 2026. Filed May 15, 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 15, 2026
SOAR$0.21+4.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(Amounts in thousands, except share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | $997 | $25,483 |
| Costs and expenses: | ||
| Cost of revenue | 294 | 20,987 |
| Selling, general and administrative | 3,050 | 1,970 |
| Total costs and expenses | 3,344 | 22,957 |
| Operating income (loss) | (2,347) | 2,526 |
| Other income (expenses): | ||
| Other income, net | 26 | 1,181 |
| Gain on sale of asset | 1,094 | — |
| Gain (loss) from change in fair value of financial instruments | (1,378) | (849) |
| Interest income (expense), net | 27 | (2,400) |
| Other income (expenses), net | (231) | (2,068) |
| Income (loss) before provision for income taxes and discontinued operations | (2,578) | 458 |
| Provision for income taxes | 5 | 98 |
| Net income (loss) from continuing operations | (2,583) | 360 |
| Net income (loss) from discontinued operations, net of taxes | (51) | 95 |
| Net income (loss) | $(2,634) | $455 |
| Basic and diluted net income (loss) per share: | ||
| Net income (loss) per share from continuing operations, basic | $(0.17) | $0.19 |
| Net income (loss) per share from continuing operations, diluted | $(0.17) | $0.03 |
| Net income (loss) per share from discontinued operations, basic | $(0.00) | $0.05 |
| Net income (loss) per share from discontinued operations, diluted | $(0.00) | $0.01 |
| Net income (loss) per share, basic | $(0.18) | $0.24 |
| Net income (loss) per share, diluted | $(0.18) | $0.03 |
| Weighted average common shares outstanding: | ||
| Basic | 14,862,487 | 1,862,438 |
| Diluted | 14,862,487 | 14,180,389 |
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