Every 10-Q that PREMIER AIR CHARTER HLDGS (PREM) 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 PREM 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 PREM filings page.
Premier Air Charter Holdings Inc. operates a private jet charter, management and maintenance business through its Premier Air Charter subsidiary. For the quarter ended June 30, 2026, it generated $5.8 million in revenue, down sharply from 2025, and recorded a net loss of $1.3 million. For the first six months of 2026, revenue was $13.0 million with a net loss of $2.4 million, reflecting lower charter activity after removal of the Paradigm fleet and aircraft downtime, partly offset by higher maintenance revenue and lower engine-reserve rates.
At June 30, 2026, total assets were $39.2 million and total liabilities $37.7 million, leaving equity of $1.5 million. The company had cash of $156,504, a working capital deficit of about $16.8 million, significant lease obligations and high-cost debt, including revenue purchase agreements and a large balloon payment on a 12.9% aircraft loan due September 2, 2026. Management discloses substantial doubt about its ability to continue as a going concern and notes dependence on related-party support and additional financings. Disclosure controls and procedures were assessed as not effective.
Premier Air Charter Holdings Inc. reported higher activity but continued losses for the quarter ended March 31, 2026. Revenue rose to $7.2 million from $5.9 million, driven mainly by stronger charter sales and higher maintenance revenue as more aircraft entered service.
Despite this growth, the company posted a net loss of $1.2 million, only slightly better than the prior year’s loss. Cash was just $288,412 against current liabilities of $18.8 million, leaving a significant working capital deficit. Management states there is substantial doubt about the ability to continue as a going concern without new funding and continued support from related parties.
Debt includes high-interest loans and sizable lease obligations on aircraft. The business also faces concentration risk from a few major customers and is responding to an ongoing FAA inquiry and other legal matters, which could add costs over time.
Premier Air Charter Holdings Inc. (PREM) reported Q3 2025 results. Revenue was $7,073,341 and net loss was $1,804,858. For the nine months ended September 30, 2025, revenue reached $20,376,185 with a net loss of $4,028,408, reflecting higher costs tied to added aircraft, fuel, and expanded operations.
The company disclosed substantial doubt about its ability to continue as a going concern, citing limited working capital and dependence on related-party support. Current assets were $810,460 against current liabilities of $13,055,983, and related-party payables totaled $4.9 million as of September 30, 2025. Period-end cash was $64,158; operating cash flow provided $477,896, investing used $3,113,249, and financing provided $2,474,283.
Capital structure actions included issuing 100,000 shares of Series A Preferred Stock in exchange for $6,419,269 of related-party debt on August 5, 2025; the Series A conversion price was amended to $0.25 per share on October 21, 2025. Common shares outstanding were 280,848,293 as of November 14, 2025.