v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 8,526 $ 22,956
Restricted cash 14,019 13,981
Investments in marketable securities 0 1,009
Accounts and note receivable 12,690 4,113
Aircraft support parts 742 488
Prepaid expenses and other current assets 2,937 2,648
Total current assets 38,914 45,195
Property, plant and equipment, net 195,391 196,611
Intangible assets, net 6,366 1,730
Goodwill 24,741 13,163
Other noncurrent assets [1] 16,293 16,771
Total assets 281,705 273,470
Current liabilities:    
Accounts payable [2] 4,516 3,978
Accrued expenses and other current liabilities [3] 16,183 17,168
Operating right-of-use current liability [4] 2,153 2,153
Current portion of long-term debt, net of debt issuance costs 2,074 2,099
Total current liabilities 24,926 25,398
Long-term accrued expenses and other noncurrent liabilities 8,951 10,777
Operating right-of-use noncurrent liability [5] 5,017 5,779
Long-term debt, net of debt issuance costs [6] 203,586 204,585
Total liabilities 242,480 246,539
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ DEFICIT    
Common Stock, $0.0001 par value; 1,000,000,000 shares authorized; 53,157,874 shares issued and outstanding at June 30, 2024; 44,776,926 shares issued and outstanding at December 31, 2023 6 5
Additional paid-in capital 114,623 84,771
Accumulated deficit (443,740) (413,672)
Accumulated other comprehensive income 1,111 987
Total stockholders’ deficit (328,000) (327,909)
Total liabilities, mezzanine equity, and stockholders’ deficit 281,705 273,470
Series A Preferred Stock    
MEZZANINE EQUITY    
Series A Preferred Stock, $0.0001 par value; 315,789.473684 shares authorized, issued and outstanding at June 30, 2024 and December 31, 2023 $ 367,225 $ 354,840
[1] Includes related party operating lease right-of-use assets of $5.7 million and $6.3 million as of June 30, 2024 and December 31, 2023, respectively.
[2] Includes related party accounts payable of $0.1 million and $0.1 million as of June 30, 2024 and December 31, 2023, respectively.
[3] Includes related party accrued interest expense of $0.4 million as of June 30, 2024 and December 31, 2023, respectively.
[4] Includes related party operating lease right-of-use current liabilities of $1.7 million as of June 30, 2024 and December 31, 2023, respectively.
[5] Includes related party operating lease right-of-use noncurrent liabilities of $4.0 million and $4.6 million as of June 30, 2024 and December 31, 2023, respectively.
[6] Includes related party debt of $9.0 million and $10.0 million as of June 30, 2024 and December 31, 2023, respectively.

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