SUBSEQUENT EVENTS |
6 Months Ended |
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Jun. 30, 2025 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS On July 21, 2025, pursuant to the Securities Purchase Agreement the Company issued a third tranche convertible note (in the principal amount of $3.0 million, for a purchase price of $2.7 million, representing an original issue discount of 10%, which note matures on July 21, 2026. On July 29, 2025, the Company entered into an Agreement and Plan of Merger and Reorganization with M2i Global (“M2i”), pursuant to which a subsidiary formed by the Company for purposes of effecting the transaction will merge with M2i, with M2i surviving the merger as a wholly-owned subsidiary of Volato (the “Merger”). The Merger is subject to approval by the Company’s stockholders and other customary closing conditions.
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