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New Horizon Aircraft HOVR Professional Service Fees Payable

Professional Service Fees Payable at other companies

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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:AccruedProfessionalFeesCurrent.

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 professional service fees payable?
New Horizon Aircraft (HOVR) reported professional service fees payable of $209K in Q4 2025.
How has New Horizon Aircraft's professional service fees payable changed year-over-year?
New Horizon Aircraft's professional service fees payable increased by 67.2% year-over-year, from $125K to $209K.
What does professional service fees payable mean?
The total amount of outstanding liabilities owed to third-party professionals, such as legal, accounting, or consulting firms, for services already rendered. This metric is a key indicator of short-term operational obligations and cash flow management. High levels of payables may suggest a reliance on credit terms from service providers to manage working capital.