---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-042337"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:52:40.591195+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Jet.AI reports Q3 revenue $3.4M, operating loss $4.3M; launches CharterGPT and DynoFlight

## Summary
- Revenue $3.4M in Q3 2023 (down from $11.9M YoY due to no fractional aircraft sales; ex-fractional, up 270% to $3.4M from $910K).
- Operating loss widened to $4.3M from $2.0M YoY, driven by lower gross profit and higher G&A from SPAC costs and stock compensation.
- Cash and equivalents $903,909 as of Sept 30, 2023 (down from $1.53M at Dec 31, 2022).
- Launched CharterGPT (AI charter booking app) and DynoFlight (carbon offset API) in Q3.
- Advanced discussions with Bombardier for Challenger 3500 aircraft; Reroute platform release expected in December.

## SEC filing metadata
- accession: 0001493152-23-042337
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315223042337/0001493152-23-042337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315223042337/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-042337
- JSON: https://secwatch.observer/filing/0001493152-23-042337.json
- Plain text: https://secwatch.observer/filing/0001493152-23-042337.txt

## Key facts
- Earnings Releases
  Jet.AI Inc. reported third quarter ended September 30, 2023 results: revenue $3.4 million.
  - Period: third quarter ended September 30, 2023
  - Revenue: $3.4 million
  - Result: reported results
  source text: intelligence (“AI”) company, announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 and Recent Operational Highlights ● Revenues of $3.4 million in 3Q23 grew over 270% compared to the same period last year when excluding the benefit in 3Q22 from Fractional/Whole Aircraft Sales. Including Fractional/Whole Aircraft Sales,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861622/000149315223042337/0001493152-23-042337-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.