Issue 000 | U.S. Pilot | US

JTAI

Jet.AI Inc.

Screen state: Passing Source state: Verified 10-Q | 2026-05-14 Filing currency: USD

Open Filing Back to Register Report a correction

Internal NCAV Discount 53.0%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 14,031,741USD
Total Liabilities: 3,431,100USD
NCAV: 10,600,641USD
Cash: 13,497,732USD
NCAV per share: 2.47USD/share
Evidence: 6 annual | 25 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Not captured in this issue’s Mary run.

This archived issue is not backfilled with observations from a later screening run.

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible in the details.

business_profile_v1

Business profile: 0 of 12 fields established by the current extractor.

Business Profile Field Details

Business Description

Missing Source

Not established by the current extractor from the selected filing context.

Revenue Model

Missing Source

Not established by the current extractor from the selected filing context.

Customers And Channels

Missing Source

Not established by the current extractor from the selected filing context.

Segments And Geography

Missing Source

Not established by the current extractor from the selected filing context.

Tangible Operations Assets

Missing Source

Not established by the current extractor from the selected filing context.

Value Chain

Missing Source

Not established by the current extractor from the selected filing context.

Competition Positioning

Missing Source

Not established by the current extractor from the selected filing context.

Business Lifecycle Cyclicality

Missing Source

Not established by the current extractor from the selected filing context.

Strategy And Capital Allocation

Missing Source

Not established by the current extractor from the selected filing context.

Management Governance Signals

Missing Source

Not established by the current extractor from the selected filing context.

Disclosed Risks

Missing Source

Not established by the current extractor from the selected filing context.

Known Unknowns

Missing Source

Not established by the current extractor from the selected filing context.

Business Profile Sources

Source	Filing	Date	Type	Status	Provenance
S1	0001493152-25-023406	2025-11-14	10-Q	Missing Source	Data Vault \| sec/cleaned/cik=0001861622/accession=0001493152-25-023406/parser=html-cleaner-v1/full.txt

Known Unknowns

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-12-31 10-K USD	2024-12-31 10-K USD	2023-12-31 10-K USD	2022-12-31 10-K USD	2021-12-31 10-K USD	2021-12-31 10-K USD
Revenue	9,177,767	14,022,628	12,214,556	21,862,728	n/a	n/a
Operating Income	-10,069,720	-12,566,602	-12,510,445	-487,072	-85,515	-85,515
Net Income	4,589,474	-12,733,435	-12,616,408	7,175,980	-3,541,873	-3,541,873
Cash From Operations	-8,225,095	-8,225,594	-3,783,473	-402,677	-21,320	-21,320
Capex	-12,922	-12,922	-4,339	n/a	n/a	n/a
Free Cash Flow	-8,238,017	-8,238,516	-3,787,812	n/a	n/a	n/a
Cash And Equivalents	1,819,503	5,872,627	2,100,543	211,718	614,395	614,395
Accounts Receivable	97,331	132,230	96,539	223,954	n/a	n/a
Inventory	n/a	n/a	n/a	n/a	n/a	n/a
Total Current Assets	2,165,558	6,362,608	3,187,153	215,311	614,476	614,476
Total Assets	25,684,076	10,797,323	5,739,188	13,049,940	117,339,476	117,339,476
Total Current Liabilities	3,709,069	3,789,081	6,951,897	101,842	18,000	18,000
Total Liabilities	3,709,069	4,284,863	9,675,227	5,071,744	11,112,301	11,112,301
Shareholders Equity	21,975,007	6,512,460	-3,936,039	-4,856,433	5,000,001	5,000,001
Shares Outstanding	596,048	44	0	0	n/a	0
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	68,833	6	0	0	14,490,000	322
Weighted Avg Shares Basic	15,132	6	0	0	14,490,000	322
Net Share Count Change (Normalized)	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence
Ownership Claim Change (Normalized)	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric	2026-06-30 10-Q USD	2026-03-31 10-Q USD	2025-12-31 10-K USD	2025-12-31 10-K USD	2025-09-30 10-Q USD	2025-06-30 10-Q USD	2025-03-31 10-Q USD	2024-12-31 10-K USD	2024-12-31 10-K USD	2024-09-30 10-Q USD	2024-06-30 10-Q USD	2024-03-31 10-Q USD	2023-12-31 10-K USD	2023-09-30 10-Q USD	2023-06-30 10-Q USD	2023-03-31 10-Q USD	2022-12-31 10-K USD	2022-12-31 10-K USD	2022-09-30 10-Q USD	2022-06-30 10-Q USD	2022-06-30 10-Q USD	2022-03-31 10-Q USD	2022-03-31 10-Q USD	2021-09-30 10-Q USD	2021-06-30 10-Q USD
Revenue	5,320,145	1,681,236	1,766,241	1,766,241	1,710,988	2,225,900	3,474,638	3,172,753	3,172,753	3,917,393	3,083,884	3,848,598	4,179,051	3,367,189	2,792,808	1,875,508	n/a	n/a	11,909,588	n/a	n/a	n/a	n/a	n/a	n/a
Operating Income	-2,682,706	-2,865,552	-2,382,325	-2,382,325	-2,036,197	-2,479,925	-3,171,273	-3,314,253	-3,314,253	-2,881,938	-3,220,615	-3,149,796	-7,774,361	-4,266,515	-105,915	-363,654	-169,565	-169,566	-187,537	-73,812	-73,811	-56,158	-56,158	-32,497	n/a
Net Income	-2,276,671	-2,681,102	12,110,350	12,110,350	-1,966,049	-2,385,023	-3,169,804	-3,401,948	-3,401,948	-2,881,882	-3,220,556	-3,229,049	-7,942,933	-4,290,559	232,329	-615,245	3,533,026	3,533,026	779,753	-501,501	-501,501	3,364,702	3,364,702	60,246	-3,377
Cash From Operations	-2,659,991	-3,038,616	692,107	692,107	-3,932,302	-2,804,692	-2,180,208	-3,385,061	-3,385,061	-135,100	-2,184,643	-2,520,790	-1,038,843	-2,552,791	-46,512	-145,327	-67,253	-67,253	-139,996	-135,408	-135,408	-60,020	-60,020	223,267	-202,420
Capex	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	1	-1	-4,339	0	1	-1	-4,339	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Free Cash Flow	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-135,099	-2,184,644	-2,525,129	-1,038,843	-2,552,790	-46,513	-149,666	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cash And Equivalents	10,608,614	13,497,732	1,819,503	1,819,503	3,475,410	8,265,732	12,245,419	5,872,627	5,872,627	311,883	528,117	595,555	2,100,543	903,909	19,879	66,391	211,718	211,718	278,971	418,967	418,967	n/a	n/a	656,562	n/a
Total Current Assets	10,875,454	14,031,741	2,165,558	2,165,558	6,871,714	8,658,512	12,980,984	6,362,608	6,362,608	1,185,993	1,936,861	3,163,199	3,187,153	2,067,812	n/a	n/a	215,311	215,311	295,613	481,248	481,248	603,026	603,026	657,071	800
Total Liabilities	2,103,525	3,431,100	3,709,069	3,709,069	3,663,249	3,138,396	4,835,030	4,284,863	4,284,863	8,385,482	8,343,954	8,333,009	9,675,227	9,017,948	5,586,564	5,699,176	5,071,744	5,071,744	7,642,616	8,115,871	8,115,871	7,736,148	7,736,148	7,601,986	177,420
Shares Outstanding	3,557,521	1,421,721	6,282,645	596,048	79	65	51	1,629,861	44	16	2	1	0	0	0	n/a	4,454,665	0	0	n/a	0	n/a	0	0	n/a
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	1,326,189	401,302	13,766,617	235,265	67	52	34	279,201	279,201	2	1	1	0	0	0	0	13,133,764	0	0	14,490,000	0	14,490,000	0	0	0
Weighted Avg Shares Basic	1,326,189	401,302	3,026,488	22,213	67	52	34	279,201	279,201	2	1	1	0	0	0	0	13,133,764	0	0	14,490,000	0	14,490,000	0	0	0
Net Share Count Change (Normalized)	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence
Ownership Claim Change (Normalized)	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	10,875,454USD	us-gaap:AssetsCurrent	2026-06-30	1.00	Data Vault \| sec/companyfacts/cik=0001861622/companyfacts.json Data Vault \| sec/companyfacts/cik=0001861622/companyfacts.json
Total Liabilities	2,103,525USD	derived	2026-06-30	1.00	n/a
Cash	10,608,614USD	us-gaap:CashAndCashEquivalentsAtCarryingValue	2026-06-30	1.00	Data Vault \| sec/companyfacts/cik=0001861622/companyfacts.json Data Vault \| sec/companyfacts/cik=0001861622/companyfacts.json
Shares Outstanding	3,557,521	dei:EntityCommonStockSharesOutstanding	2026-06-30	1.00	Data Vault \| sec/companyfacts/cik=0001861622/companyfacts.json Data Vault \| sec/companyfacts/cik=0001861622/companyfacts.json
NCAV	8,771,929USD	derived	2026-06-30	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	2.47USD	derived	2026-06-30	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Internal NCAV Discount	53.0%	derived	2026-06-30	n/a	gnni_publication_pack \| internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source: Data Vault
Data Vault Root: Local evidence | The Data Vault
CIK: 0001861622
Company ID: n/a
Selected Annual Source: Data Vault | sec/companyfacts/cik=0001861622/companyfacts.json
Selected Quarterly Source: Data Vault | sec/companyfacts/cik=0001861622/companyfacts.json
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 22
Imported At: 2026-10-04T02:13:48+00:00
Rendered At: 2026-10-04T14:23:47+00:00

Run Audit

Mary Run: 1ec055d81d1a42a39490a83bb9e1f22f
Mary As Of: 2026-07-03
Accession: 0001493152-26-023101
CIK: 0001861622
Mary Filing Date: 2026-05-14
Filing Currency: USD
Internal Discount: 53.0%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=1ec055d81d1a42a39490a83bb9e1f22f; mary_as_of=2026-07-03; mary_filing_date=2026-05-14; mary_accession=0001493152-26-023101; mary_cik=0001861622; gnni_supporting_filing_date=2026-05-14; internal_discount=0.529881; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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