SRFM · Surf Air Mobility Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.”View the 10-Q filed Aug 10, 2026
One customer — 38% of revenue (the years ended December 31, 2025)
“For the years ended December 31, 2025 and 2024, the United States Department of Transportation (“U.S. DOT”) accounted for 38% and 39%, respectively, of the Company's consolidated revenues.”
One customer — 39% of revenue (the years ended December 31, 2024)
“For the years ended December 31, 2025 and 2024, the United States Department of Transportation (“U.S. DOT”) accounted for 38% and 39%, respectively, of the Company's consolidated revenues.”
Shares sold short and not yet covered, reported twice monthly. Days to cover is the reported short position divided by average daily volume.
SRFM Short Interest Forecast
Equibles' model estimates 13,007,810 shares sold short for the August 31, 2026 settlement, +0.7% versus the latest reported position. This model prediction uses FINRA data through August 21, 2026; FINRA's official release is expected September 10, 2026.
Expected Aug 31 short interest
as of Aug 21Peer-relative percentile rank across all stocks reporting short interest at the latest settlement date (2026-08-14). Weighted mean of the available factors (short interest 30%, days to cover 20%, price vs VWAP 15%, short-volume trend 15%, short-interest change 10%, fails-to-deliver 10%) plus catalyst boosts (price spike, volume surge, earnings within days), capped at +20 and clamped to 100.
Short Interest History
| Settlement Date | Current Position | Previous Position | Change | Days to Cover |
|---|---|---|---|---|
|
2026-09-15
Scheduled
FINRA publishes Sep 24
|
— | — | — | — |
|
2026-08-31
Scheduled
FINRA publishes Sep 10
|
— | — | — | — |
| 2026-08-14 | 12,915,611 | 12,808,011 | +107,600 | 5.60 |
| 2026-07-31 | 12,808,011 | 12,450,779 | +357,232 | 7.11 |
| 2026-07-15 | 12,450,779 | 15,882,680 | -3,431,901 | 1.71 |
| 2026-06-30 | 15,882,680 | 12,779,725 | +3,102,955 | 1.00 |
| 2026-06-15 | 12,779,725 | 12,680,020 | +99,705 | 3.51 |
| 2026-05-29 | 12,680,020 | 11,603,043 | +1,076,977 | 5.05 |
| 2026-05-15 | 11,603,043 | 15,399,864 | -3,796,821 | 2.50 |
| 2026-04-30 | 15,399,864 | 11,176,776 | +4,223,088 | 2.04 |
| 2026-04-15 | 11,176,776 | 10,581,727 | +595,049 | 5.91 |
| 2026-03-31 | 10,581,727 | 10,579,536 | +2,191 | 4.76 |
| 2026-03-13 | 10,579,536 | 8,477,928 | +2,101,608 | 3.93 |
| 2026-02-27 | 8,477,928 | 7,712,576 | +765,352 | 6.20 |
| 2026-02-13 | 7,712,576 | 5,601,528 | +2,111,048 | 3.20 |
| 2026-01-30 | 5,601,528 | 3,980,942 | +1,620,586 | 1.56 |
| 2026-01-15 | 3,980,942 | 6,860,714 | -2,879,772 | 1.00 |
| 2025-12-31 | 6,860,714 | 7,654,905 | -794,191 | 1.72 |
| 2025-12-15 | 7,654,905 | 5,128,662 | +2,526,243 | 2.30 |
| 2025-11-28 | 5,128,662 | 5,034,556 | +94,106 | 1.74 |
| 2025-11-14 | 5,034,556 | 3,930,803 | +1,103,753 | 1.73 |
| 2025-10-31 | 3,930,803 | 3,116,972 | +813,831 | 1.75 |
| 2025-10-15 | 3,116,972 | 2,598,812 | +518,160 | 1.00 |
| 2025-09-30 | 2,598,812 | 1,904,263 | +694,549 | 1.11 |
| 2025-09-15 | 1,904,263 | 2,630,433 | -726,170 | 1.22 |
Full FINRA short interest reporting calendar