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Financial Information of Registrant (Parent Company Only) (Tables)
12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Balance Sheets (Parent Company)

STANDARDAERO, INC.

BALANCE SHEETS (Parent Company)

(In thousands, except share figures)

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Assets

 

 

 

 

 

 

Investment in subsidiaries

 

$

2,373,404

 

 

$

1,146,712

 

Total assets

 

$

2,373,404

 

 

$

1,146,712

 

 

 

 

 

 

 

 

Commitments and contingencies

 

 

 

 

 

 

 

 

 

 

 

 

 

Stockholders' equity

 

 

 

 

 

 

Common stock ($0.01 par value, 3,500,000,000 shares authorized; 334,461,630 shares issued and outstanding)

 

$

3,345

 

 

$

2,812

 

Preferred stock ($0.01 par value, 100,000,000 shares authorized; no shares were issued)

 

 

 

 

 

 

Additional paid-in capital

 

 

3,944,802

 

 

 

2,725,157

 

Accumulated deficit

 

 

(1,574,743

)

 

 

(1,581,257

)

Total stockholders' equity

 

 

2,373,404

 

 

 

1,146,712

 

Total liabilities and stockholders' equity

 

$

2,373,404

 

 

$

1,146,712

 

 

Statements of Operations (Parent Company)

STANDARDAERO, INC.

STATEMENTS OF OPERATIONS (Parent Company)

(In thousands, except share figures)

 

 

Year Ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

Equity in net income (loss) of subsidiaries

 

$

10,974

 

 

$

(35,061

)

 

$

(21,000

)

Net income (loss)

 

 

10,974

 

 

 

(35,061

)

 

 

(21,000

)

Equity in other comprehensive income (loss) of subsidiaries

 

 

(4,460

)

 

 

(17,255

)

 

 

(2,694

)

Total Comprehensive income (loss)

 

$

6,514

 

 

$

(52,316

)

 

$

(23,694

)