Starfighters Space, Inc. (FJET)
Starfighters Space Inc. specializes in operating a privately owned fleet of operational Lockheed F-104 supersonic jets, primarily providing services to the United States Armed Forces. The company also offers specialized training programs for pilots and astronauts, along with comprehensive in-flight testing capabilities. They deliver tailored solutions across diverse sectors, including defense, civil, academic, and commercial industries, serving both private entities and public organizations. Additionally, Starfighters Space Inc. facilitates launch services and "Access to Space" capabilities for a broad clientele encompassing commercial enterprises, academic institutions, civil agencies, and government entities. The company further furnishes an advanced airborne testbed, essential for accelerating hypersonic research, development, and rigorous test and evaluation activities. Established in 2022, the company is headquartered in Cape Canaveral, Florida.
Sector: Air Transportation, Scheduled
Industry: Aerospace & Defense
Starfighters Space Inc
No splits on record
Nothing in FJET's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Revenue | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $271K |
| Gross Profit | $0 | $0 | $0 | -$271K |
| Gross Margin | - | - | - | - |
| Research and Development | $1.03M | $0 | $0 | $0 |
| Selling, General, and Administrative | $10.8M | $3.08M | $2.77M | $5.1M |
| Other | $3.29M | $919K | $1.32M | $0 |
| Total Operating Expenses | $15.12M | $4M | $4.09M | $5.1M |
| Operating Income (EBIT) | -$15.12M | -$4M | -$4.09M | -$5.37M |
| Operating Margin | - | - | - | - |
| Interest Expense | $1.07M | $2.27M | $924K | $0 |
| Interest Income | $153K | $66K | $50K | $0 |
| Other Income (Expense) | -$1.43M | -$3.91M | -$596K | $2.32M |
| Income Before Tax (EBT) | -$16.54M | -$7.91M | -$4.68M | -$3.05M |
| Income Tax Expense | $0 | $0 | $0 | $0 |
| Net Income | -$16.54M | -$7.91M | -$4.68M | -$3.05M |
| Net Income Margin | - | - | - | - |
| Supplementary Data | ||||
| EPS | -0.76 | -0.28 | -0.17 | -0.20 |
| Diluted EPS | -0.76 | -0.28 | -0.17 | -0.20 |
| Weighted Average OS | 21.66M | 27.86M | 27.86M | 15.39M |
| EBITDA | -$15.34M | -$5.55M | -$3.68M | -$5.37M |
| EBITDA Margin | - | - | - | - |
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-12-31 |
| Assets | |
| Current Assets | |
| Cash and Cash Equivalents | $4.58M |
| Short-Term Investments | $15.27M |
| Cash and Short-Term Investments | $19.86M |
| Accounts Receivable | $7K |
| Inventory | $0 |
| Other Current Assets | $51K |
| Total Current Assets | $20.14M |
| Long-Term Assets | |
| Property, Plant & Equipment Net | $2.87M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Deferred Tax Assets | $0 |
| Other Long-Term Assets | $5.37M |
| Total Long-Term Assets | $8.24M |
| Other Assets | $0 |
| Total Assets | $28.39M |
| Liabilities | |
| Current Liabilities | |
| Accounts Payable | $966K |
| Short-Term Debt | $1.53M |
| Current Income Tax Payable | $0 |
| Current Unearned Revenue | $149K |
| Other Current Liabilities | $0 |
| Total Current Liabilities | $3.05M |
| Long-Term Liabilities | |
| Long-Term Debt | $0 |
| Long-Term Unearned Revenue | $0 |
| Long-Term Deferred Tax Liabilities | $0 |
| Other Long-Term Liabilities | $0 |
| Total Long-Term Liabilities | $434K |
| Other Liabilities | $0 |
| Total Liabilities | $3.49M |
| Stockholders' Equity | |
| Preferred Stock | $0 |
| Common Stock | $438 |
| Retained Earnings | -$33.43M |
| Comprehensive Income & Other | $0 |
| Other Stockholders' Equity | $58.33M |
| Total Equity | $24.9M |
| Minority Interest | $0 |
| Total Liabilities and Equity | $28.39M |
| Supplementary Data | |
| Total Debt | $2.02M |
| Net Debt | -$2.56M |
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-12-31 |
| Operating Activities | |
| Net Income | -$16.54M |
| Depreciation & Amortization | $125K |
| Deferred Income Tax | $0 |
| Stock-Based Compensation | $6.07M |
| Changes in Working Capital: | |
| Accounts Receivable | $0 |
| Inventory | $0 |
| Accounts Payable | $234K |
| Other Working Capital | $485K |
| Total Working Capital Change | $719K |
| Other Non-Cash Items | $1.4M |
| Net Cash from Operating | -$8.23M |
| Investing Activities | |
| Capital Expenditures | -$151K |
| Acquisitions | $0 |
| Purchases of Investments | -$16.56M |
| Sales of Investments | $2.36M |
| Other Investing Activities | -$5.95M |
| Net Cash from Investing | -$20.29M |
| Financing Activities | |
| Debt Repaid | $100K |
| Common Stock Issuance | $29.31M |
| Common Stock Repurchases | $0 |
| Dividends Paid | $0 |
| Other Financing Activities | -$3.16M |
| Net Cash from Financing | $26.05M |
| Forex Effect | $0 |
| Net Change in Cash | -$2.47M |
| Supplementary Data | |
| Operating Cash Flow | -$8.23M |
| Capital Expenditure | -$151K |
| Free Cash Flow | -$8.38M |
| Cash at Beginning | $7.1M |
| Cash at End | $4.63M |