NYSEAMERICAN : FJET
Starfighters Space, Inc. — Financial statements
Industrials · Aerospace & Defense · United States
Last price 0.885 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 48.67M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cost of Revenue | 37.38K | 37.38K | 45.12K | 103.22K | 270.72K |
| Gross Profit | -37.38K | -37.38K | -45.12K | -103.22K | -270.72K |
| Selling, General & Admin | 20.85M | 14.04M | 3.94M | 3.97M | 5.10M |
| Research & Development | 670.39K | 1.03M | |||
| Other Operating Expenses | 84.89K | 84.89K | |||
| Operating Expenses | 21.64M | 15.19M | 3.96M | 3.98M | 5.16M |
| Operating Income | -21.68M | -15.23M | -4.00M | -4.09M | -5.43M |
| Interest Expense | -547.40K | -1.06M | -2.26M | -922.62K | -85.09K |
| Interest & Investment Income | 167.83K | 153.02K | 66.32K | 50.42K | 4.79K |
| Currency Exchange Gain (Loss) | -14.21K | -14.21K | -2.05K | -8.38K | -10.46K |
| Other Non Operating Income (Expenses) | -237.34K | -398.07K | -1.71M | 284.16K | 2.47M |
| Pretax Income | -27.68M | -16.54M | -7.91M | -4.68M | -3.05M |
| Net Income | -27.68M | -16.54M | -7.91M | -4.68M | -3.05M |
| Net Income to Common | -27.68M | -16.54M | -7.91M | -4.68M | -3.05M |
| Shares Outstanding (Basic) | 34.26M | 21.66M | 17.18M | 16.72M | 15.39M |
| Shares Outstanding (Diluted) | 34.26M | 21.66M | 17.18M | 16.72M | 15.39M |
| EPS (Basic) | -0.81 | -0.76 | -0.46 | -0.28 | -0.20 |
| EPS (Diluted) | -0.81 | -0.76 | -0.46 | -0.28 | -0.20 |
| Free Cash Flow | -15.06M | -8.38M | -3.86M | -3.36M | -2.32M |
| Free Cash Flow Per Share | -0.44 | -0.39 | -0.23 | -0.20 | -0.15 |
| EBITDA | -21.46M | -15.19M | -3.99M | -4.07M | -5.37M |
| D&A For EBITDA | 214.20K | 36.41K | 15.32K | 12.28K | 61.38K |
| EBIT | -21.68M | -15.23M | -4.00M | -4.09M | -5.43M |
| Advertising Expenses | 1.44M | 183.79K | 304.54K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 1.45M | 4.58M | 7.05M | 1.69M | 2.22M |
| Short-Term Investments | 21.73M | 15.27M | 1.01M | 288.11K | |
| Cash & Short-Term Investments | 23.18M | 19.86M | 8.06M | 1.98M | 2.22M |
| Accounts Receivable | 90.00K | ||||
| Other Receivables | 6.83K | 5.14K | 4.07K | 2.43K | |
| Receivables | 6.83K | 5.14K | 4.07K | 92.43K | |
| Prepaid Expenses | 4.75M | 230.69K | 134.57K | 154.44K | 24.94K |
| Restricted Cash | 50.59K | 50.09K | |||
| Other Current Assets | 163.63K | 105.70K | |||
| Total Current Assets | 28.09M | 20.14M | 8.35M | 2.14M | 2.34M |
| Property, Plant & Equipment | 2.76M | 2.87M | 324.95K | 338.13K | 417.03K |
| Other Long-Term Assets | 1.67M | 5.37M | 1.62M | 1.15M | 502.53K |
| Total Assets | 32.53M | 28.39M | 10.30M | 3.63M | 3.26M |
| Accounts Payable | 1.44M | 868.09K | 603.76K | 398.06K | 368.76K |
| Accrued Expenses | 128.00 | 98.00K | 141.94K | 138.43K | 45.18K |
| Short-Term Debt | 1.53M | 1.63M | 1.68M | 4.21M | |
| Current Portion of Long-Term Debt | 8.68M | 135.53K | 10.28K | ||
| Current Portion of Leases | 62.11K | 55.90K | 91.77K | 75.80K | 77.46K |
| Current Unearned Revenue | 134.00K | 149.00K | 344.80K | 397.00K | 85.00K |
| Other Current Liabilities | 719.97K | 354.97K | 4.54M | ||
| Total Current Liabilities | 2.35M | 3.05M | 16.03M | 2.82M | 4.79M |
| Long-Term Debt | 6.08M | 1.43M | |||
| Long-Term Leases | 401.89K | 434.25K | 162.15K | 253.92K | 329.72K |
| Other Long-Term Liabilities | 2.42M | ||||
| Total Liabilities | 2.75M | 3.49M | 16.19M | 11.57M | 6.55M |
| Common Stock | 548.00 | 438.00 | 192.00 | 167.00 | 167.00 |
| Additional Paid-In Capital | 78.94M | 58.33M | 9.13M | 1.04M | 1.01M |
| Retained Earnings | -49.16M | -33.43M | -16.89M | -8.98M | -4.30M |
| Comprehensive Income & Other | 1.87M | ||||
| Shareholders' Equity | 29.78M | 24.90M | -5.89M | -7.94M | -3.29M |
| Total Liabilities & Equity | 32.53M | 28.39M | 10.30M | 3.63M | 3.26M |
| Total Debt | 464.01K | 2.02M | 10.57M | 8.22M | 6.05M |
| Net Cash (Debt) | 22.72M | 17.84M | -2.51M | -6.24M | -3.82M |
| Net Cash Per Share | 0.66 | 0.82 | -0.15 | -0.37 | -0.25 |
| Filing Date Shares Outstanding | 55.00M | 44.17M | 21.07M | 16.72M | 15.39M |
| Total Common Shares Outstanding | 54.87M | 43.89M | 19.18M | 16.72M | 15.39M |
| Working Capital | 25.74M | 17.09M | -7.68M | -679.29K | -2.45M |
| Book Value Per Share | 0.54 | 0.57 | -0.31 | -0.47 | -0.21 |
| Tangible Book Value | 29.78M | 24.90M | -5.89M | -7.94M | -3.29M |
| Tangible Book Value Per Share | 0.54 | 0.57 | -0.31 | -0.47 | -0.21 |
| Machinery | 2.54M | 2.48M | 130.68K | 51.15K | 51.15K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -27.68M | -16.54M | -7.91M | -4.68M | -3.05M |
| Depreciation & Amortization | 289.76K | 125.15K | 92.70K | 78.91K | 165.35K |
| Other Amortization | 261.96K | 500.94K | 1.78M | 656.52K | |
| Loss (Gain) From Sale of Investments | -242.48K | -70.58K | -12.36K | -9.83K | |
| Stock-Based Compensation | 10.53M | 6.07M | |||
| Other Operating Activities | 5.57M | 971.93K | 1.64M | 64.26K | |
| Change in Accounts Receivable | -1.06K | 90.00K | -270.00K | ||
| Change in Accounts Payable | 305.34K | 234.33K | 255.19K | 83.81K | 1.15M |
| Change in Unearned Revenue | 685.48K | 159.17K | -52.20K | 312.00K | 66.30K |
| Change in Other Net Operating Assets | -4.53M | 325.75K | 341.58K | 43.14K | -229.83K |
| Operating Cash Flow | -14.80M | -8.23M | -3.86M | -3.36M | -2.16M |
| Capital Expenditures | -261.93K | -150.76K | -153.45K | ||
| Investment in Securities | -20.65M | -14.20M | -706.05K | -278.28K | |
| Other Investing Activities | 54.09K | -5.95M | -550.00K | -650.00K | -1.51M |
| Investing Cash Flow | -20.85M | -20.29M | -1.26M | -928.28K | -1.66M |
| Long-Term Debt Issued | 743.40K | 3.98M | |||
| Total Debt Issued | 743.40K | 3.98M | 7.75M | ||
| Short-Term Debt Repaid | -100.00K | -45.00K | -247.50K | ||
| Total Debt Repaid | -1.63M | -100.00K | -45.00K | -247.50K | -1.09M |
| Net Debt Issued (Repaid) | -1.63M | -100.00K | 698.40K | 3.73M | 6.66M |
| Issuance of Common Stock | 39.89M | 29.31M | 10.69M | 31.50K | 3.03M |
| Other Financing Activities | -4.03M | -3.16M | -861.29K | ||
| Financing Cash Flow | 34.24M | 26.05M | 10.53M | 3.76M | 9.69M |
| Net Cash Flow | -1.41M | -2.47M | 5.41M | -529.90K | 5.86M |
| Free Cash Flow | -15.06M | -8.38M | -3.86M | -3.36M | -2.32M |
| Free Cash Flow Per Share | -0.44 | -0.39 | -0.23 | -0.20 | -0.15 |
| Levered Free Cash Flow | -11.75M | -7.78M | 2.51M | -2.00M | |
| Unlevered Free Cash Flow | -11.67M | -7.62M | 2.15M | -2.08M | |
| Cash Interest Paid | 17.64K | 39.54K | 89.15K | 14.36K | 85.94K |
| Change in Working Capital | -3.54M | 719.25K | 543.51K | 528.95K | 720.04K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 47.70M | 510.01M | |||
| Enterprise Value | 24.98M | 517.43M | |||
| Last Close Price | 0.89 | 11.65 | |||
| PB Ratio | 1.63 | 20.48 | |||
| P/TBV Ratio | 1.63 | 20.48 | |||
| Debt / Equity Ratio | 0.02 | 0.08 | -1.79 | -1.03 | -1.84 |
| Net Debt / Equity Ratio | -0.76 | -0.72 | -0.43 | -0.79 | -1.16 |
| Net Debt / EBITDA Ratio | 1.06 | 1.17 | -0.63 | -1.53 | -0.71 |
| Net Debt / FCF Ratio | 1.51 | 2.13 | -0.65 | -1.85 | -1.65 |
| Quick Ratio | 9.86 | 6.51 | 0.50 | 0.70 | 0.48 |
| Current Ratio | 11.94 | 6.60 | 0.52 | 0.76 | 0.49 |
| Return on Equity (ROE) | -215.36% | -174.05% | |||
| Return on Assets (ROA) | -59.05% | -49.20% | -35.92% | -74.09% | |
| Return on Capital Employed (ROCE) | -71.80% | -60.10% | 69.90% | -503.50% | 354.60% |
| Earnings Yield | -93.18% | -3.24% | |||
| FCF Yield | -30.94% | -1.64% | |||
| Buyback Yield / Dilution | -80.37% | -26.05% | -2.77% | -8.63% |