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CONSOLIDATED BALANCE SHEETS (FY) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets:      
Cash $ 6,442 $ 14,486 $ 5,777
Accounts receivable, net 2,446 2,990 1,880
Deposits 25,200 25,125 833
Prepaid expenses and other current assets 3,624 3,897 2,211
Total current assets 39,557 46,498 10,701
Property and equipment, net 837 846 348
Operating lease, right-of-use assets 1,198 1,278 1,574
Equity-method investment 158 154 1,159
Deposits 21,656 15,691 12,123
Forward purchase agreement 2,755 2,982 0
Restricted cash 0 2,237 2,102
Intangibles, net 1,376 1,391 1,615
Goodwill 635 635 635
Total assets 68,172 71,712 30,257
Current liabilities:      
Accounts payable and accrued liabilities 10,898 8,588 3,663
Convertible notes, net   0 18,844
Operating lease liability 338 326 283
Merger transaction costs payable in shares 0 4,250 0
Customer deposits and deferred revenue 19,029 12,857 2,163
Total current liabilities 51,272 47,637 30,160
Deferred income tax liability 305 305 305
Operating lease liability, non-current 875 965 1,291
Credit facility, non-current 14,026 8,054 4,170
Total liabilities 66,478 56,961 35,926
COMMITMENTS AND CONTINGENCIES (Note 18)
Shareholders' equity (deficit):      
Common Stock Class A, $0.0001 par value; 80,000,000 authorized; 28,043,449 and 11,268,877 shares issued and outstanding as of December 31, 2023 and 2022, respectively 3 3 1
Additional paid-in capital 82,743 78,410 5,185
Stock subscriptions receivable   0 (15)
Accumulated deficit (81,052) (63,662) (10,840)
Total shareholders' equity (deficit) attributable to Volato Group, Inc. 1,694 14,751 (5,669)
Total shareholders' equity (deficit)   14,751 (5,669)
Total liabilities and shareholders' equity (deficit) 68,172 71,712 30,257
Previously Reported [Member]      
Current liabilities:      
Accounts payable and accrued liabilities   9,864  
Affiliated Entity      
Current liabilities:      
Credit facility and other loans 1,000 1,000 5,150
Nonrelated Party      
Current liabilities:      
Credit facility and other loans   19,340 $ 57
Credit facility and other loans $ 20,007 $ 20,616