v3.23.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 6 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
|||||||
| Income Statement [Abstract] | ||||||||||
| Revenues | $ 11,615,280 | [1] | $ 12,753,671 | [1] | $ 11,980,653 | $ 12,822,963 | ||||
| Cost of Revenue [Abstract] | ||||||||||
| Flight operations | 6,299,122 | 5,849,562 | 10,032,383 | 9,514,914 | ||||||
| Maintenance | 4,210,976 | 3,571,986 | 7,726,427 | 6,433,973 | ||||||
| Total cost of revenues | 10,510,098 | 9,421,548 | 17,758,810 | 15,948,887 | ||||||
| Gross income (loss) | 1,105,182 | 3,332,123 | (5,778,157) | (3,125,924) | ||||||
| Selling, general and administrative expense | 15,187,808 | 5,735,627 | 48,416,299 | 10,576,886 | ||||||
| Operating loss | (14,082,626) | (2,403,504) | (54,194,456) | (13,702,810) | ||||||
| Interest expense | (5,540,867) | [2] | (2,293,682) | [2] | (11,205,412) | (6,008,228) | ||||
| Other income | 601,891 | 134,311 | 1,693,328 | 275,154 | ||||||
| Net loss | (19,021,602) | (4,562,875) | (63,706,540) | (19,435,884) | ||||||
| Series A Preferred Stock – adjustment for deemed dividend upon Closing | 0 | 0 | (48,300,000) | 0 | ||||||
| Series A Preferred Stock – adjustment to eliminate 50% multiplier | 0 | 0 | 156,362,598 | 0 | ||||||
| Series A Preferred Stock – adjustment to maximum redemption value | (5,805,582) | 0 | (10,080,022) | 0 | ||||||
| Legacy Bridger Series A Preferred Shares – adjustment for redemption, extinguishment, accrued interest, and change in fair value | 0 | (81,323,569) | 0 | (85,663,336) | ||||||
| Legacy Bridger Series C Preferred Shares - adjustment to maximum redemption value | 0 | (191,240,782) | 0 | (191,240,782) | ||||||
| Net (loss) income attributable to Common stockholders – basic | (24,827,184) | (277,127,226) | 34,276,036 | (296,340,002) | ||||||
| Net (loss) income attributable to Common stockholders – diluted | $ (24,827,184) | $ (277,127,226) | $ 34,276,036 | $ (296,340,002) | ||||||
| Net (loss) income per common stock – basic (in dollars per share) | $ (0.55) | $ (7.15) | $ 0.77 | $ (7.64) | ||||||
| Net (loss) income per common stock – diluted (in dollars per share) | $ (0.55) | $ (7.15) | $ 0.44 | $ (7.64) | ||||||
| Weighted average Common Stock outstanding – basic (in shares) | 45,388,892 | 38,770,646 | 44,443,930 | 38,770,646 | ||||||
| Weighted average Common Stock outstanding – diluted (in shares) | 45,388,892 | 38,770,646 | 77,199,129 | 38,770,646 | ||||||
| ||||||||||
| X | ||||||||||
- Definition Adjustment for deemed dividend upon closing for Series A Preferred Stock. No definition available.
|
| X | ||||||||||
- Definition Adjustment For Redemption, Extinguishment, Accrued Interest, And Change In Fair Value Value For Legacy Series A Preferred Shares No definition available.
|
| X | ||||||||||
- Definition Adjustment to eliminate fifty percent multiplier redeemable convertible preferred stock one. No definition available.
|
| X | ||||||||||
- Definition Ajustment to maximum redemption value redeemable convertible preferred stock one. No definition available.
|
| X | ||||||||||
- Definition Adjustment to the maximum redemptions value for Legacy Series C Preferred Shares. No definition available.
|
| X | ||||||||||
- Definition Maintenance costs incurred and directly related to services rendered by an entity during the reporting period. Includes the cost of inspections and repairs, materials and routine maintenance costs for all aircraft and engines. No definition available.
|
| X | ||||||||||
- Definition Expenses incurred related to the lease of aircraft from outside third parties that are used in the entity's business operations and direct costs incurred at airports primarily consisting of fees paid to the airport authority for takeoff and landing, gate and facility fees, and other related fees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of income related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|