v3.24.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 22,956,000 $ 30,163,000
Restricted cash 13,981,000 12,297,000
Investments in marketable securities 1,009,000 54,980,000
Accounts and note receivable 4,113,000 29,000
Aircraft support parts 488,000 1,761,000
Prepaid expenses and other current assets 2,648,000 1,835,000
Deferred offering costs 0 5,800,000
Total current assets 45,195,000 106,865,000
Property, plant and equipment, net 196,611,000 192,092,000
Intangible assets, net 1,730,000 208,000
Goodwill 13,163,000 2,458,000
Other noncurrent assets [1] 16,771,000 4,356,000
Total assets 273,470,000 305,979,000
Current liabilities:    
Accounts payable [2] 3,978,000 3,170,000
Accrued expenses and other current liabilities [3] 17,168,000 18,670,000
Operating right-of-use current liability [4] 2,153,000 21,000
Current portion of long-term debt, net of debt issuance costs 2,099,000 2,446,000
Total current liabilities 25,398,000 24,307,000
Long-term accrued expenses and other noncurrent liabilities 10,777,000 46,000
Operating right-of-use noncurrent liability [5] 5,779,000 755,000
Long-term debt, net of debt issuance costs [6] 204,585,000 205,471,000
Total liabilities 246,539,000 230,579,000
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ DEFICIT    
Common Stock, $0.0001 par value; 1,000,000,000 shares authorized; 44,776,926 shares issued and outstanding at December 31, 2023; 39,081,744 shares issued and outstanding at December 31, 2022 5,000 4,000
Additional paid-in capital 84,771,000 0
Accumulated deficit (413,672,000) (415,304,000)
Accumulated other comprehensive income 987,000 1,678,000
Total stockholders’ deficit (327,909,000) (413,622,000)
Total liabilities, mezzanine equity, and stockholders’ deficit 273,470,000 305,979,000
Series A Preferred Stock    
MEZZANINE EQUITY    
Preferred stock 354,840,000 0
Redeemable Legacy Bridger Series C Preferred Shares    
MEZZANINE EQUITY    
Preferred stock $ 0 $ 489,022,000
[1] Includes related party operating lease right-of-use assets of $6.3 million as of December 31, 2023
[2] Includes related party accounts payable of $0.1 million and $0.3 million as of December 31, 2023 and 2022, respectively.
[3] Includes related party accrued interest expense of $0.4 million as of December 31, 2023 and 2022.
[4] Includes related party operating lease right-of-use current liabilities of $1.7 million as of December 31, 2023.
[5] Includes related party operating lease right-of-use noncurrent liabilities of $4.6 million as of December 31, 2023.
[6] Includes related party debt of $10.0 million as of December 31, 2023 and 2022.

Source

HTML PDF
XBRL
ZIP