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Global Crossing 10-Q Filings

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Every 10-Q that Global Crossing (JETBF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow JETBF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full JETBF filings page.

Rhea-AI Summary

Global Crossing Airlines Group Inc. provides ACMI and charter air services using Airbus A320-family aircraft. For the three months ended June 30, 2026, revenue was $62.0 million and the company recorded a net loss attributable to the company of $1.3 million. For the six-month period, revenue reached $138.6 million with net income attributable to the company of $1.4 million, supported in part by a $1.0 million gain on settlement of a customer prepayment dispute.

As of June 30, 2026, the company reported a working capital deficit of $67.7 million, a retained deficit of $72.3 million, and cash and cash equivalents of $9.9 million, alongside significant lease and debt obligations. Management states these factors create substantial doubt about the company’s ability to continue as a going concern without additional financing or sustained income growth. Cargo charter demand remains soft and is described as a drag on earnings, while passenger charter demand is characterized as strong.

Rhea-AI Summary

Global Crossing Airlines Group Inc. reported stronger Q1 2026 results but highlighted serious liquidity risks. Revenue rose to $76.6 million from $66.6 million, driven by higher charter and ACMI activity and better utilization. Net income attributable to the company increased to $2.7 million, compared with $0.2 million a year earlier, and operating income nearly doubled as scale and pricing improved. Despite this progress, the company ended the quarter with a $63.6 million working capital deficit, a $70.9 million retained deficit and significant lease and debt obligations. Management states these conditions raise substantial doubt about its ability to continue as a going concern without additional financing.

Rhea-AI Summary

Global Crossing Airlines Group Inc. (JETBF) filed its Q3 2025 10‑Q, reporting stronger top line with tighter losses alongside a going concern warning. Q3 revenue was $58,022,000 with operating income of $1,035,000 and a net loss of $1,959,000. For the nine months, revenue reached $186,004,000, operating income was $7,421,000, and net loss narrowed to $1,197,000.

The company disclosed a working capital deficit of $54.0 million and a retained deficit of $71.8 million, which “raise substantial doubt” about its ability to continue as a going concern. Cash and cash equivalents were $7,055,000 against total liabilities of $198,993,000, resulting in a total stockholders’ deficit of $28,244,000.

Operations generated $9,540,000 of cash year‑to‑date, while investing used $11,603,000 and financing used $4,759,000. The company purchased one A320 for about $17.0 million, financed with a loan at 8.84%. Revenue concentration remained high: in Q3, Customer A and Customer B represented approximately 57% and 13% of revenue, respectively.