Starfighters Space, Inc. filings document material events, governance actions, reporting status, and program updates for a commercial aerospace issuer developing air-launch and high-speed flight-test capabilities. Form 8-K disclosures cover STARLAUNCH 1 wind tunnel testing, Regulation FD communications, officer and director changes, and amendments to the company’s bylaws governing stockholder-called special meetings.
The filing record also includes annual-report timing disclosures through Form NT 10-K and material-event reporting on governance and litigation matters involving former officers and company subsidiaries. These documents frame the company’s public reporting around aerospace development programs, board actions, disclosure controls, corporate governance, and risk-related events.
Starfighters Space, Inc. (FJET) filed an amended Form S-1 registering the resale of up to 5,223,879 shares of common stock by existing selling stockholders. These shares were previously issued in a May 22, 2026 PIPE financing at $3.35 per share, which generated $17,499,994.65 in gross proceeds for the company at closing.
The company will not receive any proceeds from the resale; selling stockholders will receive the sale proceeds and may sell from time to time at market or negotiated prices. FJET had 54,996,019 shares outstanding and a last reported trading price of $3.79 per share on August 24, 2026.
Starfighters is a commercial aerospace company operating a fleet of seven F‑104 supersonic aircraft from Kennedy Space Center and Midland, Texas, focused on test and evaluation and developing its StarLaunch air‑launch platforms. It reported no revenue for 2024, 2025 and the six months ended June 30, 2026, and net losses of $7.9 million (2024), $16.5 million (2025) and $15.7 million for the first half of 2026. Management states there is substantial doubt about its ability to continue as a going concern and has identified material weaknesses in internal controls. The company is an emerging growth and smaller reporting company and highlights extensive business, financing, operational and dilution risks.
Starfighters Space, Inc. (FJET) reported significantly higher losses while flagging substantial doubt about its ability to continue as a going concern. For the six months ended June 30, 2026, net loss widened to $15.7 million from $4.6 million a year earlier, driven by a jump in selling, general and administrative expenses to $10.4 million and a $5.15 million impairment of aircraft deposits tied to an Aerovision purchase agreement.
The company recorded a $395,033 loss labeled as misappropriation of assets related to disputed withdrawals by its former CEO and disclosed multiple legal proceedings, including actions involving that former executive and Aerovision. Liquidity consists of $2.4 million in cash and restricted cash and $21.7 million in short-term U.S. Treasury investments, with working capital of $25.7 million, but access to certain bank accounts is restricted due to disputes and litigation. Starfighters raised $17.5 million in May 2026 via a PIPE financing and continues developing its STARLAUNCH 1 suborbital platform after completing wind-tunnel separation tests.
Starfighters Space, Inc. notified that its Form 10-Q for the period ended June 30, 2026 will be filed late. The company sought relief under Rule 12b-25, stating management could not obtain certain business information in time for preparation of the report and review by its recently engaged independent registered public accounting firm without unreasonable effort or expense.
The company states it expects to file the Form 10-Q within the permitted extension period and indicates that it does not anticipate any significant change in results of operations from the corresponding period of the prior fiscal year.
Starfighters Space, Inc. engaged CBIZ CPAs P.C. as its new independent registered public accounting firm on July 22, 2026, following a review by the Audit Committee and approval by the Board of Directors. The company states that, in the prior two fiscal years and subsequent interim period, there were no consultations with CBIZ CPAs on accounting principles, audit opinions, or any disagreements or reportable events of the types described in Regulation S-K.
A press release on July 24, 2026 announced the engagement and highlighted recent milestones since becoming a public company in December 2025, including completion of wind tunnel testing for the STARLAUNCH program, advancement into Critical Design Review with GE Aerospace, expansion of operations in Midland, Texas, a $17.5 million strategic investment, and inclusion in the Russell 3000 Index. Starfighters operates a commercial fleet of F-104 aircraft capable of sustained Mach 2+ flight for high-speed and space-related testing.
Starfighters Space, Inc. filed Amendment No. 1 to its 2025 annual report to expand disclosures in several notes without changing previously reported financial results. The updates enhance segment reporting under ASC 280/ASU 2023-07, add detail on property and equipment including its F-104 aircraft, provide tabular interim error-correction disclosures under ASC 250, and add a new summary note of amendments.
For 2025, the company recorded a net loss of $16,543,616, or $0.76 per share, with no revenue and operating expenses of $15,333,932. Total assets were $28,386,884 and liabilities $3,486,332 at December 31, 2025, resulting in stockholders’ equity of $24,900,552 after Regulation A financings, an initial public offering and conversions of debentures and notes into equity.
Cash was $4,581,128, with net cash used in operating activities of $8,227,372, and the business remains pre-revenue while developing suborbital launch capabilities. The auditor and management state that recurring losses, negative operating cash flows and an accumulated deficit of $33,430,431 raise substantial doubt about the company’s ability to continue as a going concern.
Starfighters Space, Inc. reported that Adeptus Partners, LLC resigned as its independent registered public accounting firm effective July 9, 2026. The company is in the process of selecting a successor firm and plans to disclose the new engagement after the selection is completed.
Adeptus’ audit reports on Starfighters Space’s consolidated financial statements for the fiscal years ended December 31, 2025 and 2024 contained no adverse opinion, disclaimer of opinion, or qualifications, other than an explanatory paragraph about substantial doubt regarding the company’s ability to continue as a going concern. The company states there were no disagreements or reportable events with Adeptus through the resignation date, and Adeptus provided a letter dated July 14, 2026, filed as Exhibit 16.1.
Starfighters Space, Inc. reported that VP, Space Operations Jose Arnoldo Arias received a compensation-related grant of options to buy 150,000 shares of Common Stock. The options have an exercise price of $4.18 per share and expire on June 25, 2031.
These options were granted under the company’s stock incentive plan. They vest over 36 months: 25% vest 12 months from the grant date of June 25, 2026, and the remaining 75% vest in equal monthly amounts over the following 24 months. After this grant, Arias holds options covering 150,000 shares directly.
Starfighters Space, Inc. director Brian Yale Goldmeier exercised 56,250 Restricted Stock Units, receiving the same number of common shares at a price of $0.00 per share. Following this derivative exercise, he directly holds 75,000 shares of Starfighters Space common stock.