---
schema_version: "secwatch.filing_event.v1"
accession: "0001779128-23-000049"
form_type: "8-K"
ticker: "SRTA"
cik: "0001779128"
company_name: "Strata Critical Medical, Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:29:01.290155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blade Q1 revenue up 70% to $45.3M; Flight Profit +145% to $7.2M

## Summary
- Short Distance revenue rose 148% YoY, driven by Blade Europe acquisition, Canada improvement, and Airport demand.
- MediMobility Organ Transport revenue up 111% YoY and 24% sequentially, from new transplant centers and existing client growth.
- Flight Profit (non-GAAP) increased 145% to $7.2M; company cites leverage and expects YoY Adjusted EBITDA improvement.
- Seventh consecutive quarter with results ahead of expectations; no GAAP net income or EPS disclosed in release.
- Management highlights strong liquidity and asset-light model, preserving capital for opportunistic acquisitions.

## SEC filing metadata
- accession: 0001779128-23-000049
- form_type: 8-K
- ticker: SRTA
- cik: 0001779128
- company_name: Strata Critical Medical, Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779128/000177912823000049/0001779128-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779128/000177912823000049/blde-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779128-23-000049
- JSON: https://secwatch.observer/filing/0001779128-23-000049.json
- Plain text: https://secwatch.observer/filing/0001779128-23-000049.txt

## Key facts
- Earnings Releases
  Strata Critical Medical, Inc. reported financial results for the first quarter ended March 31, 2023.
  - Period: the first quarter ended March 31, 2023
  - Result: reported results
  source text: On May 11, 2023, Blade Air Mobility, Inc. (“Blade”) issued a press release announcing its financial results for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779128/000177912823000049/0001779128-23-000049-index.htm

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