v3.25.1

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2025	Dec. 31, 2024
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Cash and cash equivalents	$ 5,303,768	$ 5,298,722
Investments	3,583,605	3,553,000
Accounts receivable	187,605	316,027
Inventories	0	6,647
Prepaid expenses	1,088,282	1,607,476
Total current assets	10,163,260	10,781,872
PROPERTY AND EQUIPMENT, net of accumulated depreciation	0	102,073
TOTAL ASSETS	10,163,260	10,883,945
CURRENT LIABILITIES
Accounts payable	332,694	227,050
Customer deposits	265,884	263,032
Deferred liability – current	200,000	0
Accrued expenses	99,631	718,067
Total current liabilities	898,209	1,208,149
Liabilities, Noncurrent [Abstract]
Deferred liability – less current portion	76,923	0
Total long-term liabilities	76,923	0
TOTAL LIABILITIES	975,132	1,208,149
Equity, Attributable to Parent [Abstract]
Common stock - $0.03 par value; authorized 3,333,334; 995,939 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	29,878	29,878
Additional paid-in capital	20,031,306	20,004,209
Accumulated deficit	(10,873,056)	(10,358,291)
TOTAL STOCKHOLDERS’ EQUITY	9,188,128	9,675,796
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 10,163,260	$ 10,883,945

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Saker Aviation Services, Inc. 10-Q