AerSale Corp
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
ASLE$5.18+2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
(in thousands, except share data and par value)
| | | | | | | |
|---|---|---|---|---|---|---|
| · June 30, · December 31, | ||||||
| · · 2024 · · 2023 | ||||||
| · · · · · | ||||||
| Current assets: | | | | | | |
| Cash and cash equivalents | | $4,285 | | $5,873 | ||
| Accounts receivable, net of allowance for credit losses of $978 as of June 30, 2024 and December 31, 2023 | | 37,266 | | 31,239 | ||
| Income tax receivable | | | 1,700 | | | 1,628 |
| Inventory: | | | | | | |
| Aircraft, airframes, engines, and parts, net | | 221,371 | | 177,770 | ||
| Advance vendor payments | | 13,589 | | 35,757 | ||
| Deposits, prepaid expenses, and other current assets | | 17,617 | | 12,507 | ||
| Total current assets | | 295,828 | | 264,774 | ||
| Fixed assets: | | | | | | |
| Aircraft and engines held for lease, net | | 31,491 | | 26,475 | ||
| Property and equipment, net | | 32,683 | | 27,692 | ||
| Inventory: | | | | | | |
| Aircraft, airframes, engines, and parts, net | | 157,442 | | 151,398 | ||
| Operating lease right-of-use assets | | | 26,022 | | 27,519 | |
| Deferred income taxes | | 12,032 | | 12,203 | ||
| Deferred financing costs, net | | 1,342 | | 1,506 | ||
| Deferred customer incentives and other assets, net | | 525 | | 525 | ||
| Goodwill | | 19,860 | | 19,860 | ||
| Other intangible assets, net | | 21,469 | | 21,986 | ||
| Total assets | | $598,694 | | $553,938 | ||
| | | | | | | |
| Current liabilities: | | | | | ||
| Accounts payable | | $29,388 | | $29,899 | ||
| Accrued expenses | | 6,360 | | 5,478 | ||
| Lessee and customer purchase deposits | | 644 | | 1,467 | ||
| Current operating lease liabilities | | | 4,237 | | | 4,593 |
| Current portion of long-term debt | | | 93 | | | 1,278 |
| Deferred revenue | | 2,286 | | 2,998 | ||
| Total current liabilities | | 43,008 | | 45,713 | ||
| Revolving credit facility | | | 80,955 | | 29,000 | |
| Long-term debt | | | 522 | | 7,281 | |
| Long-term lease deposits | | | 767 | | | 102 |
| Long-term operating lease liabilities | | | 23,315 | | | 24,377 |
| Maintenance deposit payments and other liabilities | | 59 | | 64 | ||
| Warrant liability | | | 269 | | | 2,386 |
| Total liabilities | | | 148,895 | | | 108,923 |
| Stockholders’ equity: | | | | | ||
| Common stock, $0.0001 par value. Authorized 200,000,000 shares; issued and outstanding 53,084,214 and 52,954,430 shares as of June 30, 2024 and December 31, 2023 | | 5 | | 5 | ||
| Additional paid-in capital | | 313,883 | | 311,739 | ||
| Retained earnings | | 135,911 | | 133,271 | ||
| Total stockholders' equity | | 449,799 | | 445,015 | ||
| Total liabilities and stockholders’ equity | | $598,694 | | $553,938 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.