What is New Horizon Aircraft's grants receivable?

New Horizon Aircraft (HOVR) reported grants receivable of $30K in Q4 2025.

How has New Horizon Aircraft's grants receivable changed year-over-year?

New Horizon Aircraft's grants receivable decreased by 87.2% year-over-year, from $235K to $30K.

What does grants receivable mean?

This represents the value of government or institutional funding that has been awarded to the company but not yet collected in cash. It is a critical indicator of non-dilutive capital inflows that support research, development, and operational scaling.

New Horizon Aircraft HOVR Grants receivable

Grants receivable at other companies

Blink Charging Co.BLNK

$758K—

New Horizon AircraftHOVR

$30K-87.2%

American Battery Technology CompanyABAT

$200K0.0%

Immix Biopharma, Inc.IMMX

$6.2M+265%

OS TherapiesOSTX

$50K—

Legacy ReservesLGCY

$51.5K+36.5%

Other financials

Income statement

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Operating income-$7.6M-114%

Net income-$6.9M-39.6%

EPS (diluted)-$0.16+5.9%

Balance sheet

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Cash & equivalents$19.7M+114%

Total debt$89.0K+154%

Total equity$14.1M+102%

Total assets$21.9M+112%

Cash flow

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Operating cash flow-$6.8M-160%

CapEx$140.0K+53.8%

Free cash flow-$7.0M-156%

Valuation

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Market cap$119.82M+153%

Enterprise value$100.24M+151%

Returns & leverage

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Return on equity-297.2%—

Debt / equity0×0.0×

Current ratio14.8×+7.7×

Where this comes from

Reported directly by New Horizon Aircraft in its filing.

Tagged under the XBRL concept us-gaap:GrantsReceivable.

The official record: New Horizon Aircraft’s 10-Q, filed April 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Horizon Aircraft's grants receivable?: New Horizon Aircraft (HOVR) reported grants receivable of $30K in Q4 2025.
How has New Horizon Aircraft's grants receivable changed year-over-year?: New Horizon Aircraft's grants receivable decreased by 87.2% year-over-year, from $235K to $30K.
What does grants receivable mean?: This represents the value of government or institutional funding that has been awarded to the company but not yet collected in cash. It is a critical indicator of non-dilutive capital inflows that support research, development, and operational scaling.