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New Horizon Aircraft HOVR Increase (Decrease) in Prepaid Expense

Increase (Decrease) in Prepaid Expense at other companies

Gencor Industries logo
Gencor IndustriesGENC
$248K+125%
Richardson Electronics logo
Richardson ElectronicsRELL
-$46K-112%
Legacy Reserves logo
Legacy ReservesLGCY
$341.3K+887%
Trilogy Metals logo
Trilogy MetalsTMQ
-$73K+25.5%
Taylor Devices logo
Taylor DevicesTAYD
$99.84K+39.7%
RFL
Rafael Holdings, Inc.RFL
$1.26M

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×
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:IncreaseDecreaseInPrepaidExpense.

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 increase (decrease) in prepaid expense?
New Horizon Aircraft (HOVR) reported increase (decrease) in prepaid expense of $775K in Q4 2025.
How has New Horizon Aircraft's increase (decrease) in prepaid expense changed year-over-year?
New Horizon Aircraft's increase (decrease) in prepaid expense increased by 804.5% year-over-year, from -$110K to $775K.
What is the long-term trend for New Horizon Aircraft's increase (decrease) in prepaid expense?
Over 2 years (2023 to 2025), New Horizon Aircraft's increase (decrease) in prepaid expense has grown at a 175.1% compound annual growth rate (CAGR), from $251.21K to -$1.9M.
What does increase (decrease) in prepaid expense mean?
Reflects the net change in payments made in advance for goods or services to be received in future periods. An increase indicates cash outflow for future benefits, while a decrease represents the consumption of those previously paid assets.