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JTAI · NASDAQ · Software - Application

Jet.AI (JTAI)

Develops power-first AI data-center sites and retains aviation-booking software.

$1.29
Pre-market+0.00 (+0.39%)
At close$1.29(−11.38%)
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Jet.AI Inc.JTAIInformation Technology

Develops power-first AI data-center sites and invests in associated project entities across North America, while retaining aviation-booking software. Its model seeks recurring cash flow and appreciation through equity interests, yet the portfolio remains development-stage and reliant on partners.

Develops power-first sites for AI data centers across North America, including Canadian projects advanced through Convergence Compute, a proposed campus in Moapa, Nevada, and an investment in Alberta developer StratGrid. The partner-led model secures land, scalable power, connectivity and acreage, then advances permitting and engineering with the aim of generating recurring cash flow and appreciation through equity interests.

Retains aviation software and intellectual property including CharterGPT, Ava, Reroute AI and DynoFlight, although their post-separation commercial emphasis is unclear. Execution depends on power arrangements, financing, construction, tenant commitments and development partners; Canadian sites and the Alberta exposure are pursued through joint-venture or minority-interest structures. A proposed reverse takeover and data-center/AIIA spin-off remain subject to due diligence, definitive agreements, regulatory and Nasdaq approvals.

Company facts

CEOGeorge Murnane
ListedAug 11, 2023
ExchangeNASDAQ
HeadquartersLas Vegas, NV
CountryUnited States
Employees9
CIK0001861622
ISINUS47714H4074

Market cap$827.9K
EPS (ttm)$259.12
P/E (ttm)0.0049
ROE19.4%
P/B0.0425
P/S0.0790
Dividend yieldDiv yield
Beta−5.66vs XLK 11.61

No analyst consensus on record.

Next report
Nov 13, 2026
estimated · in 71 days
EPS estimate
−$0.06
Revenue estimate
$1.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Nov '25Mar '26May '26Aug '26Aug '26Nov '26
Reported−$3.70−$1.84−$1.18−$1.24−$6.68−$1.72−$1.72Pending
Estimate−$1.52−$1.28−$0.96−$0.72−$0.19−$0.19−$0.19−$0.06
Surprise−143.4%−43.8%−22.9%−72.2%−3,423.0%−807.1%−807.1%

RevenueReportedEstimate

May '25Aug '25Nov '25Mar '26May '26Aug '26Aug '26Nov '26
Reported$3.5M$2.2M$1.7M$1.8M$1.7M$5.3M$5.3MPending
Estimate$3.9M$3.7M$2.1M$1.0M$1.7M$1.1M$1.1M$1.1M
Surprise−10.9%−39.8%−18.5%+76.8%−1.1%+383.6%+383.6%
Estimate−$0.06
ReportedDue Nov 13, 2026
Estimate$1.1M
ReportedDue Nov 13, 2026
View details

Debt to equity0.00%
Current ratio517.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.9M$3.2M$3.5M$2.2M$1.7M$1.8M$1.7M$5.3M
Net income−$2.9M−$3.4M−$3.2M−$2.4M−$2.0M$12.1M−$2.7M−$2.3M
Net margin0.0%0.0%0.0%0.0%0.0%685.7%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.9M−$3.3M−$3.2M−$2.5M−$2.0M−$2.4M−$2.9M−$2.7M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $10.6M · Total debt $0 · Total assets $42.1M · Shareholders' equity $40.0M

Revenue
$5.3M
Operating income
−$2.7M
Net income
−$2.3M
View details

No dividends on record.

Insiders1 holder · as of Sep 9, 20240.00%0 shares
Otherremainder100.00%646.8K shares

646.8K company shares as of Aug 22, 2026 · holders as of their latest filing

Two share counts disagree (3.56M in the company's Sep 3, 2026 report, 646.8K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Patrick McnultyInsiderofficer: Chief Operating Officer
0.00%0Form 4filed Sep 9, 2024
Hexstone Capital LLCStrategic
9.90% of class, as filed13Gfiled Feb 4, 2026
Hudson Bay Capital Management LPInstitution
8.52% of class, as filed13Gfiled Feb 3, 2022
Masaya OtsukaInsider
8.09% of class, as filed13Gfiled Oct 15, 2024
MMCAP International Inc. SPCStrategic
9.90% of class, as filed13Gfiled Aug 17, 2021
See all 15

13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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ComparePre-market

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