v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT REPORTING INFORMATION, BY SEGMENT

The components of segment profit or loss were as follows:

 

   2026   2025   2026   2025 
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2026   2025   2026   2025 
Revenue  $965   $24,855   $1,967   $50,338 
Less:                    
Cost of revenue   292    21,088    586    42,075 
Selling, general and administrative(1)    3,193    2,895    6,243    4,865 
(Gain) loss on fair value adjustment of financial instruments   218   (99)   1,596    750 
Gain on reversal of investment in M2i   (959)   

—

    (959)   

—

 
Interest income (expense), net   26    1,229    (1)   3,629
                     
Add:                    
Other gain (loss)(2)   (350)   3,130    714    4,311 
Net income (loss) from continuing operations before income taxes  $(2,155)  $2,872   $(4,784)  $3,330 

 

(1) Includes amounts for depreciation and amortization expense.

 

(2) Other includes a loss of $0.3 and a gain of $0.8 million for the sale of mission control as part of the flyExclusive fifth amendment in the three and six months ended June 30, 2026. Other includes gains of $3.1 million and $4.3 million for settlements of deposits and other liabilities at a discount for the three and six months ended June 30, 2025.