---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-046704"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:39:55.166804+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Jet.AI Q3 revenue $3.9M, authorizes $2M buyback, withdraws S-1

## Summary
- Q3 revenue $3.9M (+$0.5M YoY); gross loss ~$14K vs prior-year gross profit $170K.
- Operating loss narrowed to $2.9M from $4.3M YoY; cash at Sept 30 was $312K, rising to $2.5M by Nov 14.
- Board approved $2M share repurchase program through Dec 31, 2025; withdrew previously filed S-1 offering.
- CEO: Entered agreement for three Cessna Citation CJ4 jets (delivery 2026); proposed Bombardier Challenger 3500 fleet (2027).
- Expects to regain Nasdaq listing compliance by Nov 26, 2024 deadline after reverse stock split.

## SEC filing metadata
- accession: 0001493152-24-046704
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315224046704/0001493152-24-046704-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315224046704/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-046704
- JSON: https://secwatch.observer/filing/0001493152-24-046704.json
- Plain text: https://secwatch.observer/filing/0001493152-24-046704.txt

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