Company: SRFM
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0000950170-25-070437
Chunk: 1

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-05-13
Form: 10-Q
Item: Item 1
Chunk 1
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 term

     10,823

     11,540

     Finance lease liabilities, long term

     879

     948

     Due to related parties, long term

     50,199

     50,457

     Other long-term liabilities

     20,314

     24,270

     Total liabilities
      
     $
     240,910

     $
     244,055

     Commitments and contingencies (Note 10)

     Shareholders’ deficit:

     Common stock, $0.0001 par value; 800,000,000 shares authorized as of both March 31, 2025 and December 31, 2024; 17,198,257 shares issued and outstanding as of March 31, 2025 and 16,933,692 shares issued and outstanding as of December 31, 2024
      
     $
     2

     $
     2

     Additional paid-in capital

     560,270

     557,444

     Accumulated deficit

     (695,909
     )

     (677,443
     )

     Total shareholders’ deficit
      
     $
     (135,637
     )
      
     $
     (119,997
     )

     Total liabilities and shareholders’ deficit
      
     $
     105,273

     $
     124,058

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.