v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Nov. 30, 2025
Dec. 31, 2024
Nov. 30, 2024
Cash flows from operating activities        
Net income (loss) from continuing operations $ 854,000   $ (21,184,000)  
Net income (loss) from discontinued operations 4,319,000   (19,461,000)  
Adjustments to reconcile net loss to net cash used in operating activities:        
Loss on G280 option from flyExclusive amendment 6,116,000    
Depreciation and amortization expense 297,000   341,000  
Non-monetary exchange 238,000    
Stock compensation expense 605,000   211,000  
Loss (gain) from sale of property and equipment 6,000   (2,000)  
Loss on extinguishment of debt   2,804,000  
Loss on impairment of intangible assets   130,000  
Loss from sale of consolidated entity 35,000    
Gain on settlement of liabilities (10,049,000)      
Amortization right-of-use asset 39,000   34,000  
Amortization of note discount 283,000   301,000  
Change in fair value forward purchase agreement   2,983,000  
Change in fair value of convertible notes 1,488,000    
Loss on investment in M2i 869,000    
Loss on investment in flyExclusive 41,000    
Gain on aviation asset option (324,000)    
Changes in operating assets and liabilities        
Accounts receivable (199,000)    
Contract assets, net (636,000)    
Prepaid expenses and other current assets 459,000   751,000  
Deposits 8,237,000   4,325,000  
Accounts payable and accrued expenses (110,000)   2,845,000  
Operating lease liability   (34,000)  
Customers’ deposits and deferred revenue 38,000   9,137,000  
Net cash provided by operating activities from continuing operations 8,287,000   2,642,000  
Net cash used in operating activities from discontinued operations (4,795,000)   (19,561,000)  
Net cash used in operating activities 3,492,000   (16,919,000)  
Investing activities:        
Payoff of liability issued for flyExclusive investment (7,796,000)      
Cash payment for property and equipment (211,000)   (145,000)  
Proceeds from the sale of property and equipment 30,000   33,000  
Interests on Note receivable (99,000)    
Cash used in investing activities - discontinued operations   (3,000)  
Net cash used in investing activities (8,076,000)   (115,000)  
Cash flows from financing activities        
Principal payment on lease obligations (39,000)    
Repayments of lines of credit   (1,000,000)  
Proceeds from issuance of term loan   4,000,000  
Proceeds from issuance of convertible notes, net 6,048,000   4,050,000  
Proceeds from issuance of shares under at-the-market sales plan 463,000      
Costs of share issuance (66,000)    
Repayment on loans (1,124,000)   (2,928,000)  
Proceeds from exercise of stock options   94,000  
Cash provided by financing activities - discontinued operations   95,000  
Net cash provided by financing activities 5,282,000   4,311,000  
Net increase (decrease) in cash 698,000   (12,723,000)  
Cash and restricted cash, beginning of period 4,000,000   16,723,000  
Cash and restricted cash, end of period 4,698,000   4,000,000  
Supplemental disclosure of cash flow information:        
Cash paid for interest 989,000   5,640,000  
Cash paid for income taxes 497,000    
Non-Cash Investing and Financing Activities:        
Note receivable from sale of GC Aviation, Inc. 1,800,000    
Non-cash interest 3,981,000    
Credit facility for the aircraft deposits (28,500,000)    
In-kind dividend payable 1,637,000    
Issuance of shares for convertible notes 7,356,000    
Investment in M2i - share exchange (2,065,000)    
Investment in flyExclusive (1,780,000)    
Liability issued for flyExclusive investment 7,796,000    
Financing for aircraft purchase 55,861,000    
Settlement on liability for aircraft purchase (55,950,000)    
Financed deposits on aircraft 28,500,000    
Issuance of shares in exchange for debt reduction 523,000    
Release of receivable via investment in flyExclusive 100,000      
Initial recognition of right-of-use asset   201,000  
Net loss $ 5,173,000   $ (40,645,000)  
M2i Global Inc [Member]        
Adjustments to reconcile net loss to net cash used in operating activities:        
Amortization of note discount     $ 20,000
Changes in operating assets and liabilities        
Prepaid expenses and other current assets   (71,577)   (3,139)
Accounts payable and accrued expenses   284,879   423,678
Net cash used in operating activities   (4,237,086)   (2,098,661)
Cash flows from financing activities        
Net cash provided by financing activities   4,568,072   2,130,745
Net increase (decrease) in cash   330,986   32,084
Supplemental disclosure of cash flow information:        
Cash paid for interest    
Non-Cash Investing and Financing Activities:        
Net loss   (6,492,569)   (3,887,261)
Shares issued for services   1,207,490  
(Gain) loss from derivative liability   381,439  
Accounts payable and accrued expenses-Related Party   453,252   1,348,061
Accrued payroll - related party    
Proceeds for issuance of common stock   764,582   2,026,880
Proceeds from common stock issuable   5,000   369,855
Proceeds from unissued stock liability   4,137,500  
Promissory note     302,960
Payment of promissory Note   (302,960)  
Payment for cancelled shares     (5,000)
Proceeds from related party loan     127,550
Payments on related party loan   (36,050)   (691,500)
Cash, beginning of period   80,281   48,197
Cash, end of period   411,267   80,281
Cash paid for income taxes    
Supplemental schedule for non-cash investing and financing activities        
Original issue discount on convertible note     $ 20,000