Bridger Aerospace Group Holdings, Inc.
For the period ended Mar 31, 2025. Filed May 9, 2025.
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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, 2025 · Filed May 9, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except per share amounts)
| For the Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues1 | $15,646 | $5,507 |
| Cost of revenues: | ||
| Flight operations | 6,252 | 5,009 |
| Maintenance | 10,955 | 4,197 |
| Total cost of revenues | 17,207 | 9,206 |
| Gross loss | (1,561) | (3,699) |
| Selling, general and administrative expense2 | 8,590 | 11,610 |
| Operating loss | (10,151) | (15,309) |
| Interest expense3 | (5,735) | (5,923) |
| Other income | 599 | 1,159 |
| Loss before income taxes | (15,287) | (20,073) |
| Income tax expense | (251) | (14) |
| Net loss | $(15,538) | $(20,087) |
| Series A Preferred Stock – adjustment to maximum redemptions value | (6,561) | (6,189) |
| Loss attributable to Common stockholders - basic and diluted | $(22,099) | $(26,276) |
| Loss per share - basic and diluted | $(0.41) | $(0.55) |
| Weighted average Common Stock outstanding – basic and diluted | 53,814,596 | 47,602,241 |
1 Includes related party revenues ofzero and $0.1 million for the three months ended March 31, 2025 and 2024, respectively.
2 Includes related party cost of revenues of $1.0 million for the three months ended March 31, 2025 and 2024.
3 Includes related party interest expense ofzero and $0.3 million for the three months ended March 31, 2025 and 2024, respectively.
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