DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

Major classes of line items constituting loss from discontinued operations is as follows:

	Year Ended December 31,
	2024		2023
Revenue - Aircraft usage	$	32,546	$	37,765
Costs of Revenue - Aircraft usage	43,488		51,245
Selling, general and administrative	17,679		19,592
Gain (loss) from sale of equity method investment	—		886
Other Income from discontinued operations	9,902		—
Loss from discontinued operations	$	(18,719)	$	(32,186)

As part of the agreement with flyExclusive they assumed liabilities for insider cards generating a gain of $10.0 million for the Company that is included in discontinued operations.

Carrying amounts and major classes of assets included as part of discontinued operations is as follows:

	December 31, 2024		December 31, 2023
Accounts receivable	$	1,027	$	2,548
Prepaid and other assets	1,215		2,024
Operating lease, right-of-use assets	—		1,278
Equity-method investment	—		154
Deposits	—		441
Total assets associated with discontinued operations	$	2,242	$	6,445

Carrying amounts and major classes of liabilities included as part of discontinued operations is a follows:

	December 31, 2024		December 31, 2023
Accounts payable and accrued liabilities	$	6,086	$	4,333
Operating lease liability	—		1,291
Credit facility and other loans	918		509
Customer deposits and deferred revenue	5,004		10,026
Total liabilities associated with discontinued operations	$	12,008	$	16,159