Conference Call Participants Thanks and good morning. Thank you for standing by and welcome to the Blade Air Mobility conference call and webcast for the quarter ended March 31, 2024. We appreciate everyone joining us today. Blade Air Mobility, Inc. (NASDAQ:BLDE) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Operator During todayâs call, we will also discuss certain non-GAAP financial measures, which we believe may be useful in evaluating our financial performance. A reconciliation of the most dir ...

er in 8 Table of Contents 9 BLADE AIR MOBILITY, INC. Notes to Unaudited Interim Condensed Consolidated Financial Statements (amounts in thousands, except share, per share data and exchange rates) One vendor accounted for 14% of the Company's purchases from operating vendors for the three months ended March 31, 2024. One vendor accounted for 12% of the Company's purchases from operating vendors for the three months ended March 31, 2023. One vendor accounted for 18% of the Company's outstanding accounts payab ...

| --- | --- | --- | --- | --- | |----------------------------------------|-------|--------------------------------------------------|-------|-----------------| | Net cash used in operating activities | $ | Three Months Ended March 31, \n2024 \n(15,551) | $ | 2023 \n(16,855) | | Capitalized software development costs | | (311) | | — | | Purchase of property and equipment | | (816) | | (646) | | Free Cash Flow | $ | (16,678) | $ | (17,501) | LAST TWELVE MONTHS DISAGGREGATED REVENUE BY PRODUCT LINE (in thousan ...

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NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade" or the "Company"))), a technology-powered air mobility platform, today announced its Board of Directors has authorized the repurchase of up to $20 million of outstanding Class A common stock. Given the Company's expectation of profitability on an adjusted EBITDA basis for the full-year 2024, coupled with its debt-free balance sheet and significant cash balance, the share buyback program will allow the Company to oppo ...

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Q4 2023 Earnings Conference Call Company Participants Rob Wiesenthal - Founder & Chief Executive Officer Conference Call Participants Edison Yu - Deutsche Bank Ladies and gentlemen, thank you for standing by. Welcome to Blade Air Mobility Fiscal Fourth Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session, and instructions will follow at that time. As a reminder, this call is being recorded. Lee Gol ...