New Horizon Aircraft HOVR Expected Income Taxrecovery Expense
Expected Income Taxrecovery Expense at other companies
Other financials
Where this comes from
Reported directly by New Horizon Aircraft in its filing.
Tagged under the XBRL concept hovr:ExpectedIncomeTaxrecoveryExpense.
The official record: New Horizon Aircraft’s 10-K, filed August 22, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is New Horizon Aircraft's expected income taxrecovery expense?
- New Horizon Aircraft (HOVR) reported expected income taxrecovery expense of -$344.25K in Q1 2025.
- How has New Horizon Aircraft's expected income taxrecovery expense changed year-over-year?
- New Horizon Aircraft's expected income taxrecovery expense decreased by 162.5% year-over-year, from $550.75K to -$344.25K.
- What does expected income taxrecovery expense mean?
- This metric represents the anticipated tax benefit or expense calculated by applying the statutory tax rate to the company's pre-tax income or loss. It provides insight into the theoretical tax impact on financial results before considering specific adjustments or valuation allowances. Investors use this to gauge the underlying tax efficiency of the business model.