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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets      
Cash and cash equivalents $ 9,339 $ 11,626 $ 23,179
Other receivables 5,526 4,460 4,925
Notes receivable, current portion 155 301 261
Parts and supplies inventory 6,050 5,142 5,872
Investments in securities 69,431 71,230 69,448
Prepaid engine overhauls, current portion 14,498 14,522 5,127
Aircraft held for sale, current portion 15,227 0  
Prepaid expenses and other current assets 5,394 6,752 5,865
Total current assets 128,427 116,793 131,761
Notes receivable, non-current portion, net 6,148 21,177 4,856
Property and equipment, net 251,476 253,976 252,693
Aircraft held for sale, non-current portion 6,744 0  
Operating lease right-of-use assets 68,205 84,649 51,051
Intangible assets, net 1,907 2,234 2,432
Prepaid engine overhauls, non-current portion 31,072 41,531 48,310
Other non-current assets 743 670 484
Total assets 494,722 521,030 494,216
Current liabilities      
Accounts payable 30,682 30,172  
Excise tax payable 1,032 1,032 0
Long-term notes payable, current portion 22,753 26,471 23,581
Deferred revenue, current portion 79,386 83,914 58,023
Operating lease liabilities, current portion 15,221 17,907 9,782
Other current liabilities 24,445 28,705 21,777
Total current liabilities 201,973 221,536 138,695
Long-term notes payable, non-current portion   166,818 222,320
Operating lease liabilities, non-current portion 54,017 68,100 40,731
Deferred revenue, non-current portion 11,757 10,026 2,579
Derivative liability 5,226 2,508 971
Other non-current liabilities 23,102 16,712 41,503
Total liabilities 501,502 485,700 446,799
Commitments and contingencies (Note 23)
Temporary equity      
Redeemable noncontrolling interest 108,982 (35,525) 0
Series A preferred stock, par value $0.0001; 25,000,000 authorized and 25,000 shares authorized issued and outstanding, respectively 21,618 0  
Stockholders' equity      
Accumulated other comprehensive loss (262) (69) (476)
Additional paid-in capital 0 126,978  
Accumulated deficit (149,451) (80,456)  
Total flyExclusive stockholders’ (deficit) / equity (149,705) 46,461  
Noncontrolling interests 12,325 24,394  
Total stockholders’ (deficit) / equity (137,380) 70,855  
Total liabilities, temporary equity and stockholders' / members' equity 494,722 521,030 494,216
Common Class A      
Stockholders' equity      
Common stock 2 2 [1]  
Common Class B      
Stockholders' equity      
Common stock 6 6  
Nonrelated Party      
Current assets      
Accounts receivable, net 1,037 849 14,088
Current liabilities      
Accounts payable   30,172 21,756
Short-term notes payable 6,159 14,396 3,704
Long-term notes payable, non-current portion 183,560 166,818  
Related Party      
Current assets      
Accounts receivable, net 1,770 1,911 2,996
Current liabilities      
Accounts payable   0 72
Short-term notes payable 22,295 18,939 $ 0
Long-term notes payable, non-current portion $ 21,867 $ 0  
[1] Equity interests issued and outstanding for periods prior to the date of the Merger have not been retroactively restated to give effect to the reverse recapitalization. Prior to the closing of the Merger (as defined in Note 3, "Merger"), the legal structure of LGM was a limited liability company with ownership interests consisting of members' units. Application of an exchange ratio of members' units for shares of common stock for periods prior to the Merger would not be representative of the capital structure of the Company after the Merger. See Note 3, "Merger," for further discussion.