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Personal Airline, Incorporated
OperatingPersonal Airline Exchange, Inc.
Transportation · Founded 2022
Air charter meets AI for custom travel
Valuation cap ⓘ
$12.0M
As of Apr 2024 · from WINGTIPS Convertible Note 4 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$176,484
Across 4 rounds since 2017
Latest share price
$1.00
Reg CF Offering (2019-06-17) offering price
Financials
FY2015–FY2024 · from SEC filings · hover any figure for its source$0
−$7K
2016
$5K
−$18K
2017
$0
−$25K
2018
$0
−$12K
2020
$4K
−$1.0M
2021
$4K
−$420K
2022
$151K
−$533K
2023
$129K
−$282K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Chart shows the most recent 8 fiscal years; 1 earlier year is in the table below.
Metric
FY2015
FY2016
FY2017
FY2018
FY2020
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$0
$0
$5,125
$0
$0
$3,940
$4,100
$151,000
$128,910
Cost of goods sold
$0
$0
$3,910
$0
$0
$25,418
$12,000
$165,000
$92,325
Gross margin
—
—
24%
—
—
-545%
-193%
-9%
28%
Net income
-$6,994
-$6,994
-$18,346
-$25,198
-$12,230
-$1,034,134
-$420,090
-$533,321
-$282,191
Taxes paid
$0
$0
$0
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$670
$424
$11,283
$77
$1,126
$676,990
$664,910
$131,589
$30,997
Accounts receivable
$0
-$40
$0
$0
$1,085,000
$0
$0
$0
$0
Total assets
$670
$384
$11,242
$77
$1,221,376
$990,954
$664,910
$131,589
$30,997
Short-term debt
$2,709
$2,710
$18,670
$0
$20,870
$1,145,841
$9,100
$19,000
$26,000
Long-term debt
$0
$5,000
$5,000
$0
$1,165,000
$75,000
$1,165,000
$1,292,000
$1,377,152
Total liabilities
$2,709
$7,710
$23,670
$0
$1,185,870
$1,220,841
$1,174,100
$1,311,000
$1,403,152
Other
Headcount
—
6
6
6
—
3
3
3
3
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps marked$3.7M
post-money
$3.6M
post-money
$25.0M
Valuation cap
$12.0M
Valuation cap
Reg CF Offering (2017)
Reg CF Offering (2019-06-17)
WINGTIPS Convertible Note 1
WINGTIPS Convertible Note 4
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Raised $4K / $618KValuation cap $12M
Raised $123.8K / $535KInvestors 62Valuation cap $25M
Reg CF annual-report compliance
Not requiredFiled Form C-TR (terminated reporting)
Filed 4 of 9 annual reports (FY2017–FY2025)
62 investors
holder-count proxy
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 15 filings on EDGARSource: ManualCIK 0001718275Share price $1.00
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.