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Consolidated Statements of Changes in Shareholders' Equity (Deficit) - USD ($)
Common Stock
Paid-in Capital
Retained Earnings/ (Deficit)
Treasury Stock
Accumulated Other Comprehensive Loss
Non Controlling interests
Total
Balances at Dec. 31, 2019 $ 7,700 $ 16,776,900 $ 10,882,100 $ (3,037,300) $ (1,370,800) $ 23,258,600
Balances (in Shares) at Dec. 31, 2019 [1] 7,729,420            
Net income (loss) (42,243,700)   (42,243,700)
Accumulated other comprehensive income 1,368,800 1,368,800
Balances at Dec. 31, 2020 $ 7,700 16,776,900 (31,361,600) (3,037,300) (2,000) (17,616,300)
Balances (in Shares) at Dec. 31, 2020 [1] 7,729,420            
Net income (loss) 7,962,600 7,962,600
Accumulated other comprehensive income 2,000 2,000
Contribution into JetFleet Holding Corp. (“JHC”) 35,000 35,000
Balances at Sep. 29, 2021 $ 7,700 16,811,900 (23,399,000) (3,037,300) (9,616,700)
Balances (in Shares) at Sep. 29, 2021 [1] 7,729,420            
Issuance of common stocks to the Plan Sponsor $ 14,400 11,038,700 11,053,100
Issuance of common stocks to the Plan Sponsor (in Shares) [1] 14,354,635            
Declaration and payment of dividends (999,800) (999,800)
Net income (loss) (3,954,600) (237,100) (4,191,700)
Balances at Dec. 31, 2021 $ 22,100 16,982,700 (4,954,400) (237,100) 11,813,300
Balances (in Shares) at Dec. 31, 2021 [1] 22,084,055            
Net income 10,879,800 10,879,800
Cancellation of predecessor equity (10,867,900) 12,519,200 3,037,300 4,668,600
Balance, September 29, 2021 (Predecessor) at Dec. 31, 2021 $ 7,700 $ 5,944,000 $ 5,951,700
Balance, September 29, 2021 (Predecessor) (in Shares) at Dec. 31, 2021 [1] 7,729,420            
[1] Retrospectively restated to give effect to five for one forward stock split effective December 30, 2021.