Company: SRFM
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0000950170-25-043326
Chunk: 170

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1B
Chunk 170
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 Supplemental Pro Forma InformationFollowing are the supplemental consolidated financial results of the Company on an unaudited pro forma basis, as if the Southern Acquisition had been consummated as of January 1, 2022: 

        Year Ended December 31,

        2023

        Revenue
         
        $
        112,869

        Net loss
         
        $
        (184,596
        )
       
       The unaudited pro forma financial information presented above has been calculated after adjusting the results of operations of the Company to reflect certain business combination effects, including the amortization of the acquired intangible assets, associated income tax impacts, incremental financing costs, and one-time acquisition-related costs incurred by the Company as though the Southern Acquisition occurred as of January 1, 2022. The pro forma financial information is for informational purposes only and not indicative of the results of operations that would have been achieved if this business combination had taken place as of January 1, 2022, nor is it indicative of future results of operations.

88

Note 4. Prepaids and Other Current AssetsPrepaid expenses and other current assets consisted of the following (in thousands): 

        December 31,2024

        December 31,2023

        Prepaid insurance
         
        $
        766

        $
        2,306

        Prepaid software

        2,177

        2,647

        Prepaid marketing

        2,434

        2,406

        Engine reserves

        1,667

        1,150

        Vendor operator prepayments

        744

        634

        Prepaid fuel

        39

        301

        Other

        684

        1,607

        Total prepaid expenses and other current assets
         
        $
        8,511

        $
        11,051

Note 5. Property, Plant and Equipment, NetProperty and equipment, net, consists of the following (in thousands): 

        December 31,2024

        December 31,2023

        Aircraft, equipment and rotable spares
         
        $
        40,290

        $
        39,196

        Equipment purchase deposits

        2,000

        5,000

        Leasehold improvements

        2,301

        2,479

        Office, vehicles and ground equipment