• Jet.AI posted a Q1 net loss of USD 2.68 million, narrowing from USD 3.17 million a year earlier; net loss per share was USD 6.68.
• Revenue fell 51.61% to USD 1.68 million, while operating loss narrowed to USD 2.87 million from USD 3.17 million.
• Gross loss widened to USD 234,223 from USD 115,514, as cost of revenues declined to USD 1.92 million from USD 3.59 million.
• Cash and cash equivalents totaled USD 13 million at March 31, 2026, with USD 500,000 of restricted cash; net cash used in operating activities was USD 3.04 million.
• Jet.AI said it expects the flyExclusive transaction to close in Q2 2026, after which it intends to operate primarily as an AI data center infrastructure company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jet.ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023101), on May 14, 2026, and is solely responsible for the information contained therein.