FJET
Starfighters Space, Inc.
Company overview
- Market capitalization
- $101.19M
- Employees
- —
- Latest publication
- 2026-09-29
About Starfighters Space, Inc.
Starfighters Space, Inc. engages in the operation of a commercial fleet of flight-ready F-104 supersonic aircraft, Lockheed F-104 for the United States Armed Forces. It offers pilot and astronaut training and in-flight testing related services and solutions for defense, civil, academic and commercial industries in the private and public sectors. The company also provides launch and access to space services for commercial, academic, civil and government clients. In addition, it provides airborne testbed for hypersonic research and development, and test and evaluation services. Starfighters Space, Inc. was incorporated in 2022 and is based in Cape Canaveral, Florida.
Financial statements
Income Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|
| Total Revenue | 0USD | 0USD | 0USD | — | 0USD | 0USD | 0USD |
| Research Development | 83,263USD | 390,998USD | 194,213USD | 441,992USD | 255,479USD | — | 0USD |
| Selling General Administrative | 47,320USD | 7,383,960USD | 1,172,826USD | — | 1,093,745USD | 835,491USD | 608,081USD |
| Selling And Marketing Expenses | 508,462USD | — | 76,151USD | — | — | 43,250USD | 41,625USD |
| General And Administrative Expenses | 47,320USD | — | — | — | — | — | — |
| Total Operating Expenses | 4,053,852USD | 9,633,431USD | 1,921,305USD | 3,619,335USD | 1,832,477USD | 1,159,251USD | 825,583USD |
| Total Other Income Expense Net | -215,279USD | -413,055USD | -2,049,910USD | -538,738USD | -623,901USD | -642,527USD | -2,434,774USD |
| Interest Income | 150,788USD | 35,619USD | 35,280USD | — | 42,775USD | 39,903USD | 7,336USD |
| Interest Expense | 0USD | 271,430USD | 285,468USD | 517,598USD | 239,504USD | 637,530USD | 558,844USD |
| Income Before Tax | -4,269,131USD | -10,282,297USD | -2,049,910USD | -4,211,409USD | -2,653,107USD | -642,527USD | -2,434,774USD |
| Income Tax Expense | 0USD | — | — | — | — | — | — |
| Net Income | -4,269,131USD | -10,282,297USD | -2,049,910USD | -4,211,409USD | -2,653,107USD | -642,527USD | -2,434,774USD |
| Unclassified Operating Expenses | — | 1,858,473USD | — | 3,177,343USD | — | — | — |
| Operating Income | — | -9,633,431USD | -1,921,305USD | -3,672,671USD | -1,832,477USD | -1,159,251USD | -825,583USD |
| Net Interest Income | — | -235,811USD | -250,188USD | — | -196,729USD | -597,627USD | -551,508USD |
| Net Income From Continuing Ops | — | -10,282,297USD | -2,049,910USD | — | -2,653,107USD | -642,527USD | -2,434,774USD |
| Reconciled Depreciation | — | 40,898USD | 5,080USD | — | 26,268USD | 26,238USD | 5,816USD |
| Ebit | — | — | -1,764,442USD | -3,693,813USD | — | -4,997USD | -1,875,930USD |
| Ebitda | — | — | -1,759,362USD | -3,640,477USD | — | 21,241USD | -1,870,114USD |
| Depreciation And Amortization | — | — | 5,080USD | 53,336USD | — | 26,238USD | 5,816USD |
| Cost Of Revenue | — | — | — | 53,336USD | — | — | — |
| Gross Profit | — | — | — | -53,336USD | — | — | — |
| Source | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Write off of other receivable | -1,064USD | — | — |
| Consulting fees | 4,263,195USD | — | — |
| Interest expense | -555,985USD | — | — |
| Net loss before taxes | -16,543,616USD | — | — |
| Travel and entertainment | 609,376USD | — | — |
| Other income | 516,640USD | — | — |
| Amortization of debt discount | -500,937USD | — | — |
| Change in fair value of derivative liability | -970,866USD | — | — |
| Business development | 1,841,982USD | — | — |
| Listing fees | 37,202USD | — | — |
| Bank and interest charges | 17,574USD | — | — |
| Contract labor and fuel | 1,387,747USD | — | — |
| Net loss | -16,543,616USD | — | — |
| Licenses | 475USD | — | — |
| Grant income | 163,723USD | — | — |
| Advertising and promotion | 1,436,875USD | — | — |
| Interest income | 153,020USD | — | — |
| Professional fees | 2,521,680USD | — | — |
| Exchange loss | -14,215USD | — | — |
| Insurance | 197,107USD | — | — |
| Total operating expenses | -15,333,932USD | — | — |
| Management fees | 707,507USD | — | — |
| Depreciation | 36,408USD | — | — |
| Repairs and maintenance | 36,909USD | — | — |
| Office and administrative | 286,033USD | — | — |
| Relocation costs | 51,723USD | — | — |
| Franchise tax | 84,892USD | — | — |
| Total other income (expense) | -1,209,684USD | — | — |
| Research and development | 1,027,203USD | — | — |
| Vehicle | 79,165USD | — | — |
| Net loss per share Basic and diluted | -0.76USD/share | — | — |
| Weighted average number of shares Basic and diluted | 21,659,714shares | — | — |
| Directors' fees | 168,000USD | — | — |
| Rent expense | 542,879USD | — | — |
| Total Revenue | — | 0USD | 0USD |
| Research Development | — | 0USD | — |
| Selling General Administrative | — | 3,084,471USD | 2,769,123USD |
| Total Operating Expenses | — | 4,003,183USD | 4,085,158USD |
| Operating Income | — | -4,003,183USD | -4,085,158USD |
| Interest Income | — | 66,323USD | 50,419USD |
| Interest Expense | — | 2,269,781USD | 923,535USD |
| Net Interest Income | — | -2,203,458USD | -873,116USD |
| Income Before Tax | — | -7,908,777USD | -4,681,583USD |
| Tax Provision | — | 0USD | 0USD |
| Net Income | — | -7,908,777USD | -4,681,583USD |
| Net Income From Continuing Ops | — | -7,908,777USD | -4,681,583USD |
| Reconciled Depreciation | — | 92,702USD | 78,906USD |
| Total Other Income Expense Net | — | -1,702,136USD | 276,691USD |
| Unclassified Operating Expenses | — | — | 1,316,035USD |
| Source | DisclosureVerified | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|
| Total Assets | 32,532,280USD | 26,340,608USD | 28,386,884USD | 12,235,764USD | 13,423,329USD | 10,300,586USD | — |
| Cash And Equivalents | 1,452,854USD | 1,402,025USD | 4,581,128USD | — | — | — | — |
| Cash And Short Term Investments | 23,183,200USD | 14,615,551USD | 19,855,303USD | 3,706,850USD | 5,164,501USD | — | — |
| Short Term Investments | 21,730,346USD | 13,213,526USD | 15,274,175USD | 1,061,729USD | 1,350,170USD | 1,006,517USD | — |
| Total Current Assets | 28,094,778USD | 18,205,092USD | 20,143,416USD | 4,451,683USD | 5,407,483USD | 8,352,629USD | — |
| Other Current Assets | 163,626USD | — | — | 602,549USD | 164,342USD | — | — |
| Total Liabilities | 2,754,334USD | 3,912,413USD | 3,486,332USD | — | — | — | — |
| Total Current Liabilities | 2,352,440USD | 3,493,884USD | 3,052,079USD | 17,642,168USD | 16,879,073USD | 16,028,892USD | — |
| Total Stockholder Equity | 29,777,946USD | 22,428,195USD | 24,900,552USD | -5,495,295USD | -3,565,520USD | -5,890,456USD | — |
| Total Equity Including Noncontrolling Interest | 29,777,946USD | 22,428,195USD | 24,900,552USD | — | — | — | — |
| Deferred Revenue | 134,002USD | 134,002USD | 149,000USD | — | — | — | — |
| Property Plant Equipment Net | 2,763,641USD | 2,766,602USD | 2,874,554USD | 261,078USD | 271,618USD | 324,954USD | — |
| Accounts Payable | 1,436,358USD | 1,030,846USD | 966,088USD | 1,098,683USD | — | 731,756USD | — |
| Short Term Debt | 62,113USD | 58,943USD | 55,898USD | 11,185,865USD | 10,900,056USD | — | — |
| Common Stock | 548USD | 441USD | 438USD | 217USD | 211USD | — | — |
| Retained Earnings | -49,157,769USD | -37,699,562USD | -33,430,431USD | -23,148,134USD | -21,098,224USD | -16,886,815USD | — |
| Total Liab | — | — | — | 17,731,059USD | 16,988,849USD | 16,191,042USD | — |
| Other Current Liab | — | — | — | 5,258,620USD | 5,759,017USD | 4,535,469USD | — |
| Capital Stock | — | — | — | 217USD | — | 1,870,835USD | — |
| Cash | — | — | — | 2,645,121USD | 3,814,331USD | 7,050,610USD | — |
| Current Deferred Revenue | — | — | — | 99,000USD | 220,000USD | — | — |
| Net Debt | — | — | — | 8,629,635USD | 7,195,501USD | 3,260,552USD | — |
| Short Long Term Debt | — | — | — | 11,070,550USD | — | 10,311,162USD | — |
| Short Long Term Debt Total | — | — | — | 11,274,756USD | 11,009,832USD | — | — |
| Net Receivables | — | — | — | 142,284USD | 78,640USD | — | — |
| Property Plant Equipment Gross | — | — | — | 324,375USD | — | 373,010USD | — |
| Common Stock Shares Outstanding | — | — | — | 27,862,261shares | 26,469,503shares | 27,165,882shares | 27,862,261shares |
| Non Current Assets Total | — | — | — | 7,784,081USD | 8,015,846USD | 1,947,957USD | — |
| Non Current Liabilities Total | — | — | — | 88,891USD | 109,775USD | 162,150USD | — |
| Non Currrent Assets Other | — | — | — | 7,523,003USD | 7,744,228USD | — | — |
| Net Working Capital | — | — | — | -13,190,485USD | — | -7,676,263USD | — |
| Unclassified Current Liabilities | — | — | — | -11,070,550USD | — | — | — |
| Unclassified Equity | — | — | — | 17,652,405USD | 15,555,702USD | 9,125,524USD | — |
| Accumulated Other Comprehensive Income | — | — | — | — | 1,976,791USD | — | — |
| Unclassified Non Current Assets | — | — | — | — | — | 1,623,003USD | — |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicAmendment | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Cash | 4,581,128USD | 7,050,610USD | 1,694,109USD |
| Accumulated deficit | -33,430,431USD | — | — |
| Lease liability non current | 434,253USD | — | — |
| Restricted cash | 50,592USD | — | — |
| Lease liability | 55,898USD | — | — |
| Total current liabilities | 3,052,079USD | — | — |
| Prepaid expenses | 230,688USD | — | — |
| Total liabilities and stockholders' equity (deficit) | 28,386,884USD | — | — |
| Accounts payable and accrued liabilities | 966,088USD | — | — |
| Total liabilities | 3,486,332USD | — | — |
| Total assets | 28,386,884USD | — | — |
| Common stock, $0.00001 par value, 200,000,000 shares authorized; 43,891,846 issued and outstanding as of December 31, 2025 (19,176,910 as of December 31, 2024) | 438USD | — | — |
| Deferred income | 149,000USD | — | — |
| Grant payable | 354,967USD | — | — |
| Long term deposits | 5,368,914USD | — | — |
| Total stockholders' equity (deficit) | 24,900,552USD | — | — |
| Short term investments | 15,274,175USD | — | — |
| Total current assets | 20,143,416USD | — | — |
| Additional paid in capital | 58,330,545USD | — | — |
| Due from related party | 6,833USD | — | — |
| Right of use assets operating lease, net | 477,577USD | — | — |
| Property, plant, and equipment, net of accumulated depreciation of $84,464 and $48,056, respectively | 2,396,977USD | — | — |
| Related party notes payable | 1,526,126USD | — | — |
| Total Assets | — | 10,300,586USD | 3,631,392USD |
| Total Liab | — | 16,191,042USD | 11,567,680USD |
| Total Stockholder Equity | — | -5,890,456USD | -7,936,288USD |
| Other Current Liab | — | 4,535,469USD | — |
| Capital Stock | — | 1,870,835USD | 167USD |
| Retained Earnings | — | -16,886,815USD | -8,978,038USD |
| Total Current Assets | — | 8,352,629USD | 2,140,733USD |
| Total Current Liabilities | — | 16,028,892USD | 2,820,024USD |
| Net Debt | — | 3,260,552USD | 6,193,499USD |
| Short Long Term Debt | — | 10,311,162USD | 1,810,732USD |
| Short Term Investments | — | 1,006,517USD | 288,110USD |
| Accounts Payable | — | 731,756USD | 476,562USD |
| Property Plant Equipment Net | — | 324,954USD | 338,127USD |
| Property Plant Equipment Gross | — | 373,010USD | 370,864USD |
| Common Stock Shares Outstanding | — | 27,862,261shares | 27,862,261shares |
| Non Current Assets Total | — | 1,947,957USD | 1,490,659USD |
| Non Current Liabilities Total | — | 162,150USD | 8,747,656USD |
| Net Working Capital | — | -7,676,263USD | -679,291USD |
| Unclassified Non Current Assets | — | 1,623,003USD | 1,152,532USD |
| Unclassified Equity | — | 9,125,524USD | 1,041,583USD |
| Long Term Debt | — | — | 6,076,876USD |
| Unclassified Non Current Liabilities | — | — | 2,670,780USD |
| Source | DisclosureVerified | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 187,952USD |
| Stock Based Compensation | 4,464,752USD |
| Change To Liabilities | 376,779USD |
| Change In Working Capital | 361,781USD |
| Operating Cash Flow | -10,060,406USD |
| Capital Expenditures | -111,167USD |
| Unclassified Investing Cash Flow | -6,767,444USD |
| Investing Cash Flow | -6,878,611USD |
| Financing Cash Flow | 14,706,869USD |
| Change In Cash | -2,232,148USD |
| End Cash Flow | 2,399,572USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|
| Depreciation | 88,588USD | 40,898USD | — | 53,336USD | 26,268USD | 26,238USD | — |
| Stock Based Compensation | 1,796,774USD | — | — | — | 0USD | — | — |
| Change To Liabilities | 64,758USD | — | — | — | — | — | — |
| Change In Working Capital | 49,760USD | 393,420USD | — | -93,189USD | 146,800USD | -614,359USD | — |
| Operating Cash Flow | -3,963,542USD | — | — | — | — | — | — |
| Investing Cash Flow | 1,469,861USD | — | — | — | — | — | — |
| Financing Cash Flow | 0USD | — | — | — | — | — | — |
| Change In Cash | -2,493,681USD | 1,936,134USD | — | -3,286,368USD | -3,095,323USD | 3,303,389USD | — |
| End Cash Flow | 2,138,039USD | — | — | — | — | — | — |
| Net Income | — | -10,282,297USD | -2,049,910USD | -4,211,409USD | -2,653,107USD | -642,527USD | -2,434,774USD |
| Other Non Cash Items | — | 133,700USD | — | 363,816USD | 117,067USD | 533,963USD | — |
| Total Cash From Operating Activities | — | -3,234,799USD | — | -3,887,446USD | -1,669,732USD | -1,860,095USD | — |
| Capital Expenditures | — | 0USD | 0USD | -4USD | 0USD | 0USD | 0USD |
| Free Cash Flow | — | -3,385,562USD | — | -3,887,450USD | -1,669,732USD | -1,860,095USD | — |
| Investments | — | -14,180,157USD | — | — | -295,422USD | -702,300USD | — |
| Net Borrowings | — | -100,000USD | — | — | — | -19,950USD | — |
| Total Cash From Financing Activities | — | 19,397,001USD | — | 6,919,701USD | 3,869,831USD | 6,365,784USD | — |
| Issuance Of Capital Stock | — | 22,061,857USD | — | — | 4,101,909USD | 6,061,609USD | — |
| Begin Period Cash Flow | — | 2,695,586USD | 7,100,699USD | 7,100,699USD | 7,100,699USD | 3,797,310USD | — |
| End Period Cash Flow | — | 4,631,720USD | 2,695,586USD | 3,814,331USD | 4,005,376USD | 7,100,699USD | 3,797,310USD |
| Unclassified Operating Cash Flow | — | 6,479,480USD | — | — | — | -1,163,410USD | — |
| Unclassified Financing Cash Flow | — | -2,564,856USD | — | — | — | — | — |
| Change To Account Receivables | — | — | — | -51,511USD | — | — | — |
| Total Cashflows From Investing Activities | — | — | — | -6,318,603USD | — | — | — |
| Other Cashflows From Investing Activities | — | — | — | -6,000,000USD | — | — | — |
| Source | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Realized gain on investments | -40,911USD | — | — |
| Additions to long term deposits | -5,945,911USD | — | — |
| Right of use asset additions | 20,372USD | — | — |
| Depreciation | 36,408USD | 92,702USD | 78,906USD |
| Convertible debentures and derivative liabilities converted into shares | 13,767,137USD | — | — |
| Accrued interest | 516,445USD | — | — |
| Due to related party | -6,833USD | — | — |
| Grant payable | -354,967USD | — | — |
| Interest paid | 39,539USD | — | — |
| Net cash used in investing activities | -20,293,757USD | — | — |
| Redemption of short term investments | 2,363,696USD | — | — |
| Right of use asset modifications | 303,611USD | — | — |
| Proceeds from Initial Public Offering | 22,061,857USD | — | — |
| Cash | 4,581,128USD | — | — |
| Net cash provided by financing activities | 26,052,150USD | — | — |
| Prepaid expenses | -96,116USD | — | — |
| Cash and restricted cash, end of year | 4,631,720USD | — | — |
| Proceeds from Regulation A financing | 7,247,931USD | — | — |
| Total cash and restricted cash, end of year | 4,631,720USD | — | — |
| Notes and interest payable converted into shares | 1,451,480USD | — | — |
| Cash paid for financing costs | -3,157,638USD | — | — |
| Restricted cash | 50,592USD | — | — |
| Lease liability | -87,749USD | — | — |
| Shares issued for common stock subscribed | 1,870,643USD | — | — |
| Purchase of property and equipment | -150,763USD | — | — |
| Net cash used in operating activities | -8,227,372USD | — | — |
| Amortization of ROU asset | 88,738USD | — | — |
| Amortization of debt discount | 500,937USD | — | — |
| Stock based compensation | 6,069,560USD | — | — |
| Deferred income | -195,800USD | — | — |
| Net loss | -16,543,616USD | — | — |
| (Decrease) increase in cash | -2,468,979USD | — | — |
| Accounts payable and accrued liabilities | 234,332USD | — | — |
| Write off of other receivable | 1,064USD | — | — |
| Change in fair value of derivative liability | -970,866USD | — | — |
| Deferred financing costs recognized as share issuance costs | 105,703USD | — | — |
| Purchase of short term investments | -16,560,779USD | — | — |
| Unrealized gain on investments | -29,664USD | — | — |
| Repayment of related party notes payable | -100,000USD | — | — |
| Net Income | — | -7,908,777USD | -4,681,583USD |
| Stock Based Compensation | — | 0USD | — |
| Other Non Cash Items | — | 1,777,505USD | 656,524USD |
| Change In Working Capital | — | 543,514USD | 528,946USD |
| Total Cash From Operating Activities | — | -3,864,714USD | -3,362,780USD |
| Capital Expenditures | — | 0USD | 0USD |
| Free Cash Flow | — | -3,864,714USD | -3,362,780USD |
| Investments | — | -706,052USD | -278,276USD |
| Net Borrowings | — | 698,400USD | 3,729,654USD |
| Total Cash From Financing Activities | — | 10,527,356USD | 3,761,154USD |
| Issuance Of Capital Stock | — | 10,690,243USD | 31,500USD |
| Change In Cash | — | 5,406,590USD | -529,902USD |
| Begin Period Cash Flow | — | 1,694,109USD | 2,224,011USD |
| End Period Cash Flow | — | 7,100,699USD | 1,694,109USD |
| Unclassified Operating Cash Flow | — | 1,630,342USD | — |
| Source | DisclosureVerified | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.