Bridger Aerospace Group Holdings, Inc.
For the period ended Jun 30, 2025. Filed Aug 8, 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.
Jun 30, 2025 · Filed Aug 8, 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 Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues1 | $30,751 | $13,014 | $46,397 | $18,521 |
| Cost of revenues: | ||||
| Flight operations | 7,856 | 5,106 | 14,108 | 10,115 |
| Maintenance | 10,844 | 4,761 | 21,799 | 8,958 |
| Total cost of revenues | 18,700 | 9,867 | 35,907 | 19,073 |
| Gross income (loss) | 12,051 | 3,147 | 10,490 | (552) |
| Selling, general and administrative expense2 | 6,524 | 7,902 | 15,114 | 19,512 |
| Operating income (loss) | 5,527 | (4,755) | (4,624) | (20,064) |
| Interest expense3 | (5,737) | (5,854) | (11,472) | (11,777) |
| Other income | 700 | 144 | 1,299 | 1,303 |
| Income (loss) before income taxes | 490 | (10,465) | (14,797) | (30,538) |
| Income tax (expense) benefit | (182) | 484 | (433) | 470 |
| Net income (loss) | $308 | $(9,981) | $(15,230) | $(30,068) |
| Series A Preferred Stock – adjustment to maximum redemptions value | (6,636) | (6,196) | (13,197) | (12,385) |
| Loss attributable to Common stockholders - basic and diluted | $(6,328) | $(16,177) | $(28,427) | $(42,453) |
| Loss per share - basic and diluted | $(0.12) | $(0.33) | $(0.53) | $(0.89) |
| Weighted average Common Stock outstanding – basic and diluted | 53,878,966 | 48,326,688 | 53,846,770 | 47,964,465 |
1 Includes related party revenues ofzero for the three and six months ended June 30, 2025, and $0.1 million and $0.2 million for the three and six months ended June 30, 2024, respectively.
2 Includes related party cost of revenues of $0.3 million and $1.3 million for the three and six months ended June 30, 2025, respectively, and $0.4 million and $1.4 million for the three and six months ended June 30, 2024, respectively.
3 Includes related party interest expense ofzero for the three and six months ended June 30, 2025, and $0.3 million and $0.6 million for the three and six months ended June 30, 2024, respectively.
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