v3.26.1
UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses        
Selling, general and administrative $ 6,448,238 $ 1,990,805 $ 10,423,430 $ 3,614,879
Research and development 1,918 186,513 85,181 441,992
Impairment of aircraft deposits 5,150,000 0 5,150,000 0
Operating Income (Loss), Total (11,600,156) (2,177,318) (15,658,611) (4,056,871)
Other income (expense)        
Interest income 43,583 25,718 71,880 57,071
Realized and unrealized gain on short-term investments 74,465 13,628 196,956 25,050
Flight training income 0 266,240 0 354,140
Amortization of debt discount 0 (121,914) 0 (238,981)
Change in fair value of derivative liability 0 155,899 0 (548,763)
Interest expense 0 (152,132) 0 (270,542)
Loss to misappropriation of assets 0 0 (395,033) 0
Other 23,901 55,452 57,470 91,362
Total other income (expense) 141,949 242,891 (68,727) (530,663)
Net loss $ (11,458,207) $ (1,934,427) $ (15,727,338) $ (4,587,534)
Weighted average number of shares        
Weighted average number of shares - Basic 47,009,903 21,000,436 45,532,723 20,338,412
Weighted average number of shares - diluted 47,009,903 21,000,436 45,532,723 20,338,412
Net loss per share        
Net loss per share - Basic $ (0.24) $ (0.09) $ (0.35) $ (0.23)
Net loss per share - diluted $ (0.24) $ (0.09) $ (0.35) $ (0.23)