Mar. 15 at 2:05 AM
$JTAI had
$14.5M in unrealized gains on their investments in 2025, which was impressive (such as the SPAC AIIA), giving them book equity due to those unrealized gains. But, also impressive is that they had an operating loss of roughly
$10.0M last year.
Base salary of the CEO is
$425.0K
Base salary of the CFR is
$300.0K
If the deal with flyExclusive goes through, these two will EACH get a
$1.5M cash bonus.
Total employee stock based compensation (something like 9 employees) last year was
$1.63M
If a company has unrealized gains, but high salary & bonus obligations coupled with significant operating losses, guess who gets to pay for all that.....
