{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-059582","form_type":"8-K","ticker":"SRFM","cik":"0001936224","company_name":"SURF AIR MOBILITY INC.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.251930+00:00","generated_at":"2026-06-02T01:23:21.416151+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Surf Air Q1 revenue $30.6M beats guidance; CEO Stan Little steps aside, Deanna White interim CEO","bullets":["Q1 revenue $30.6M, up 9.5% pro forma YoY, exceeding guidance; net loss $(37.0)M vs $(15.5)M YoY pro forma.","Adjusted EBITDA $(16.5)M, within guidance; Q2 outlook: revenue $28-31M, adjusted EBITDA $(18)-$(16)M.","CEO transition: Stan Little to Founder role; Deanna White becomes COO and interim CEO, effective May 14, 2024.","Cash $1.3M as of March 31; $90M committed draws available under GEM facility; retained investment bank for non-dilutive capital.","Strategic review underway to return airline ops to profitability; investor day postponed to Q3 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-059582","json":"https://secwatch.observer/filing/0000950170-24-059582.json","markdown":"https://secwatch.observer/filing/0000950170-24-059582.md","text":"https://secwatch.observer/filing/0000950170-24-059582.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1936224/000095017024059582/0000950170-24-059582-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1936224/000095017024059582/srfm-20240514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:23:21.416151+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9446869b21cc567bae8111169a9a45e989f9dded","claim":"SURF AIR MOBILITY INC. reported the first quarter ended March 31, 2024 results: revenue $30.6 million, net income $(37.0) million.","evidence_excerpt":"Guidance and Announces CEO Transition Deanna White, former CFO, will become Chief Operating Officer and interim CEO, Stan Little to assume role of “Founder” Q1 2024 Revenue of $30.6 million, up 9.5% Year-Over-Year on a Pro Forma Basis, Beats Guidance LOS ANGELES – May 14, 2024 – Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1936224/000095017024059582/0000950170-24-059582-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$30.6 million"},{"label":"Net income","value":"$(37.0) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}