Starfighters Space, Inc.
Business
Starfighters Space, Inc. operates a commercial aerospace company providing pilot and astronaut training, in-flight testing, and space launch services using a fleet of seven Lockheed F-104 supersonic aircraft. The company offers Historical Services (pilot training, launch support, in-flight testing) and developing New Services (commercial small-payload launches via the StarLaunch rocket system and hypersonic research & test-bed services). Operations are based at NASA's Kennedy Space Center and Midland International Air & Space Port, serving defense, civil, academic, and commercial customers.
Summary from 10-K filed 2026-07-01
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Advertising and promotion | 1 | 183,790 | |
| Bank and interest charges | 17,574 | 5,607 | |
| Business development | 2 | 360,000 | |
| Consulting fees | 4 | 998,364 | |
| Contract labor and fuel | 1 | 403,800 | |
| Depreciation | 36,408 | 15,319 | |
| Directors' fees | 168,000 | 164,000 | |
| Franchise tax | 84,892 | 0 | |
| Insurance | 197,107 | 87,372 | |
| Licenses | 475 | 620 | |
| Listing fees | 37,202 | 292,293 | |
| Management fees | 707,507 | 232,000 | |
| Office and administrative | 286,033 | 166,196 | |
| Professional fees | 3 | 786,338 | |
| Relocation costs | 51,723 | 0 | |
| Rent expense | 542,879 | 294,611 | |
| Repairs and maintenance | 36,909 | 44,504 | |
| Research and development | 1 | 0 | |
| Travel and entertainment | 609,376 | 231,207 | |
| Vehicle | 79,165 | 35,062 | |
| Total operating expenses | −15 | −4 | |
| Amortization of debt discount | −500,937 | −2 | |
| Change in fair value of derivative liability | −970,866 | −2 | |
| Other income | 516,640 | 234,900 | |
| Grant income | 163,723 | 0 | |
| Interest expense | −555,985 | −486,669 | |
| Interest income | 153,020 | 66,323 | |
| Write-off of other receivable | −1,064 | 0 | |
| Exchange loss | −14,215 | −2,046 | |
| Total other income (expense) | −1 | −4 | |
| Net loss before taxes | −17 | −8 | |
| Income tax expense (benefit) | 0 | 0 | |
| Net loss | −17 | −8 | |
| Weighted average number of shares - Basic | 22 | 17 | |
| Weighted average number of shares - diluted | 22 | 17 | |
| Net loss per share - Basic | −0.76 | −0.46 | |
| Net loss per share - diluted | −0.76 | −0.46 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-09-30 | FY 2025 2025-06-30 | FY 2024 2024-12-31 | FY 2022 2022-05-31 |
|---|---|---|---|---|---|---|
| Cash | 5 | — | — | 7 | — | |
| Restricted cash | 50,592 | — | — | 50,089 | — | |
| Short-term investments | 15 | — | — | 1 | — | |
| Due from related party | 6,833 | — | — | 4,074 | — | |
| Prepaid expenses | 230,688 | — | — | 134,572 | — | |
| Deferred financing charges | 0 | — | — | 105,703 | — | |
| Other receivable | 0 | — | — | 1,064 | — | |
| Total current assets | 20 | — | — | 8 | — | |
| Right of use assets - operating lease, net | 477,577 | 303,611 | 20,372 | 242,332 | 421,000 | |
| Property, plant, and equipment, net of accumulated depreciation of $84,464 and $48,056, respectively | 2 | — | — | 82,622 | — | |
| Long-term deposits | 5 | — | — | 2 | — | |
| Total assets | 28 | — | — | 10 | — | |
| Accounts payable and accrued liabilities | 966,088 | — | — | 731,756 | — | |
| Deferred income | 149,000 | — | — | 344,800 | — | |
| Derivative liability | 0 | — | — | 5 | — | |
| Lease liability | 55,898 | — | — | 91,767 | — | |
| Interest payable | 0 | — | — | 13,938 | — | |
| Grant payable | 354,967 | — | — | 0 | — | |
| Convertible debentures, net | 0 | — | — | 7 | — | |
| Note payable | 0 | — | — | 1 | — | |
| Related party notes payable | 2 | — | — | 2 | — | |
| Total current liabilities | 3 | — | — | 16 | — | |
| Lease liability - non-current | 434,253 | — | — | 162,150 | — | |
| Total liabilities | 3 | — | — | 16 | — | |
| Commitments and contingencies | — | — | — | — | — | |
| 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) | 438 | — | — | 192 | — | |
| Common stock subscribed | 0 | — | — | 2 | — | |
| Additional paid-in-capital | 58 | — | — | 9 | — | |
| Accumulated deficit | −33 | — | — | −17 | — | |
| Total stockholders equity (deficit) | 25 | — | — | −6 | — | |
| Total liabilities and stockholders equity (deficit) | 28 | — | — | 10 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Net loss | −17 | −8 | |
| Depreciation | 36,408 | 15,319 | |
| Amortization of ROU asset | 88,738 | 77,383 | |
| Unrealized gain on investments | −29,664 | −5,474 | |
| Realized gain on investments | −40,911 | −6,881 | |
| Change in fair value of derivative liability | 970,866 | 2 | |
| Write-off of other receivable | 1,064 | 0 | |
| Accrued interest | 516,445 | 397,517 | |
| Other receivable | 0 | −1,064 | |
| Accounts payable and accrued liabilities | 234,332 | 255,194 | |
| Due to related party | −6,833 | 0 | |
| Deferred income | −195,800 | −52,200 | |
| Grant payable | 354,967 | 0 | |
| Prepaid expenses | −96,116 | 19,868 | |
| Lease liability | −87,749 | −75,801 | |
| Net cash used in operating activities | −8 | −4 | |
| Additions to long-term deposits | −6 | −550,000 | |
| Purchase of property and equipment | −150,763 | 0 | |
| Purchase of short-term investments | −17 | −1 | |
| Redemption of short-term investments | 2 | 589,200 | |
| Net cash used in investing activities | −20 | −1 | |
| Repayment of related party notes payable | −100,000 | −45,000 | |
| Issuance costs for convertible debentures | 0 | −19,950 | |
| Proceeds from convertible debentures | 0 | 743,400 | |
| Proceeds from Regulation A financing | 7 | 11 | |
| Proceeds from Initial Public Offering | 22 | 0 | |
| Cash paid for financing costs | −3 | −841,337 | |
| Net cash provided by financing activities | 26 | 11 | |
| (Decrease) increase in cash | −2 | 5 | |
| Income taxes paid | 0 | 0 | |
| Interest paid | 39,539 | 89,152 | |
| Right of use asset additions | 20,372 | 0 | |
| Right of use asset modifications | 303,611 | 0 | |
| Shares issued for common stock subscribed | 2 | 0 | |
| Deferred financing costs recognized as share issuance costs | 105,703 | 0 | |
| Notes and interest payable converted into shares | 1 | 0 | |
| Convertible debentures and derivative liabilities converted into shares | 14 | 0 | |
| Initial derivative liability from issuance of convertible notes | 0 | 475,909 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Starfighters Space, Inc.'s CIK number?
Starfighters Space, Inc.'s SEC CIK number is 0001947016 (1947016). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Starfighters Space, Inc.'s SEC filings?
All of Starfighters Space, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Starfighters Space, Inc. last report earnings?
Starfighters Space, Inc. (FJET) most recently filed an earnings 8-K with the SEC on May 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001062993-26-002822). This is Starfighters Space, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Starfighters Space, Inc.'s most recent earnings 8-K?
Starfighters Space, Inc.'s latest earnings 8-K (Item 2.02) was filed May 21, 2026 under accession 0001062993-26-002822. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Starfighters Space, Inc.'s latest earnings 8-K →
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