{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-142070","form_type":"8-K","ticker":"JETMF","cik":"0001846084","company_name":"Global Crossing Airlines Group Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.182758+00:00","generated_at":"2026-06-15T04:51:47.770040+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"GlobalX Q1 revenue $32.2M (+96% YoY), adjusted EBITDAR $2.5M, reaffirms $140M+ 2023 revenue","bullets":["Q1 revenue $32.2M, up 96% YoY; adjusted EBITDAR $2.5M, adjusted EBITDA ($2.9M), adjusted EPS ($0.07).","Reaffirms 2023 revenue forecast over $140M; $104M already contracted; expects $65M in H1.","Q1 impacted by $1.4M training costs, $6M government contract deferral, $1.5M A321F delay; expects $2.25M compensation.","Ended Q1 with $14.7M current assets; in discussions for additional debt/equity capital.","Received FAA approval for A321F cargo ops; first freighter in service; second due late May."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-142070","json":"https://secwatch.observer/filing/0001193125-23-142070.json","markdown":"https://secwatch.observer/filing/0001193125-23-142070.md","text":"https://secwatch.observer/filing/0001193125-23-142070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523142070/0001193125-23-142070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523142070/d500215d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:51:47.770040+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":"a23d14e655eba536fabe8d867c311875a8e49449","claim":"Global Crossing Airlines Group Inc. reported FY2023 results: revenue $140 million. Guidance reaffirmed.","evidence_excerpt":"GlobalX is providing revenue guidance of over $140 million in revenue for 2023 based on a fleet of 9 passenger and 2 cargo aircraft, a 69% increase over 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523142070/0001193125-23-142070-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY2023"},{"label":"Revenue","value":"$140 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f740114eca2a37eb2b4f77d9e2bc45497003a177","claim":"Global Crossing Airlines Group Inc. reported Q1 2023 results: revenue $32.2 million, EPS $(0.07).","evidence_excerpt":"Total operating revenue for Q1 2023 was $32.2 million. This represents an increase of $15.8 million or 96.3% when compared to Q1 2022. In addition, GlobalX operated 3,134 revenue block hours in Q1 2023 representing an 81% increase over the number of block hours operated in Q1 2022. Q1 2023 results on an Adjusted EBITDAR (1) basis were $2.5 million, an Adjusted EBITDA (1) basis of approximately ($2.9) million and Adjusted EPS (1) of $(0.07).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523142070/0001193125-23-142070-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 2023"},{"label":"Revenue","value":"$32.2 million"},{"label":"EPS","value":"$(0.07)"},{"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"}