v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 14,236 $ 29,340
Other receivables 6,803 6,235
Parts and supplies inventory, net 6,496 5,068
Prepaid engine overhauls, current portion 19,184 15,601
Aircraft held for sale, current portion 0 3,421
Prepaid expenses and other current assets 9,946 10,352
Total current assets 63,493 74,372
Notes receivable, non-current portion, net 7,078 7,728
Property and equipment, net 228,281 223,730
Operating lease right-of-use assets 54,494 61,028
Finance lease right-of-use assets 34,085 26,061
Prepaid engine overhauls, non-current portion 45,942 42,694
Other non-current assets 6,010 4,383
Total assets 439,383 439,996
Current liabilities    
Accounts payable 40,436 30,674
Deferred revenue, current portion 131,419 135,891
Operating lease liabilities, current portion 13,727 14,932
Finance lease liabilities, current portion 7,811 4,451
Other current liabilities 33,923 36,519
Short-term notes payable 6,917 8,537
Total current liabilities 278,058 269,950
Operating lease liabilities, non-current portion 42,184 47,493
Finance lease liabilities, non-current portion 21,264 19,159
Deferred revenue, non-current portion 28,429 26,428
Warrant liabilities 2,995 4,444
Other non-current liabilities 55,754 47,140
Total liabilities 522,720 524,266
Temporary equity    
Redeemable noncontrolling interest 102,058 213,411
Stockholders' (deficit) / equity    
Additional paid-in capital 236,936 113,625
Accumulated deficit (456,984) (440,385)
Total flyExclusive stockholders' deficit (220,038) (326,751)
Noncontrolling interests 3,958 1,105
Total stockholders' deficit (216,080) (325,646)
Total liabilities, temporary equity and stockholders' deficit 439,383 439,996
Series A Preferred Stock    
Temporary equity    
Series A preferred stock, par value $0.0001; 25,000 shares authorized and 25,000 shares issued and outstanding 30,685 27,965
Class A Common stock    
Stockholders' (deficit) / equity    
Common stock 5 3
Class B Common stock    
Stockholders' (deficit) / equity    
Common stock 5 6
Nonrelated Party    
Current assets    
Accounts receivable, net 5,036 3,030
Current liabilities    
Long-term notes payable, current portion 24,358 29,905
Long-term notes payable, non-current portion 79,505 79,031
Related Party    
Current assets    
Accounts receivable, net 1,792 1,325
Current liabilities    
Long-term notes payable, current portion 19,467 9,041
Long-term notes payable, non-current portion $ 14,531 $ 30,621