New Horizon Aircraft Ltd. (HOVR)
Nasdaq: HOVR · Aircraft · Lindsay, ON · filing with the SEC since 2022
Income statement, as filed
In Canadian dollars (CAD), as filed; per-share figures in Canadian dollars; share counts. The fiscal year ends in May.| Fiscal year | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period ending | May 31, 2026 | May 31, 2025 | May 31, 2024 | May 31, 2023 |
| Report filed | Jul 16, 2026 | Aug 22, 2025 | Aug 15, 2024 | · |
| Research and development | 13,244,000 | 3,660,000 | 880,000 | 676,000 |
| General and administrative | 10,224,000 | 9,925,000 | 3,744,000 | 787,000 |
| Total operating expenses | 23,468,000 | 13,585,000 | 4,624,000 | 1,463,000 |
| Operating income | -23,468,000 | -13,585,000 | -4,624,000 | -1,463,000 |
| Interest expense | · | · | 143r | · |
| Interest and investment income | 671,000 | 123,000 | · | · |
| Interest income (expense), net | · | 123,000 | -163,000 | -74,000 |
| Other income (expense), net | 503,000 | -10,000 | 575,000 | 290,000 |
| Total non-operating income (expense) | -9,628,000 | 18,785,000 | -3,536,000 | 216,000 |
| Income before income taxes | -33,096,000 | 5,200,000 | -8,160,000 | -1,247,000 |
| Net income | -33,096,000 | 5,200,000 | -8,160,000 | -1,247,000 |
| Earnings per share, basic | -0.77 | 0.20 | -0.76 | -0.17 |
| Earnings per share, diluted | -0.77 | 0.17 | -0.76 | -0.17 |
| Weighted average shares, basic | 43,046,980 | 25,844,200 | 10,717,378 | 7,326,310 |
| Weighted average shares, diluted | 43,046,980 | 30,760,145 | 10,717,378 | 7,326,310 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Research and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseDebtInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding