v3.25.1
Earnings (Loss) Per Share - Schedule of Computation of Basic and Diluted Net (Loss) Profit per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 27, 2023
Numerator:        
Net loss $ 1,287 $ (101,495) $ (54,738) $ (56,025) [1]
Less: Net loss attributable to redeemable noncontrolling interests $ 1,080 (73,384) 1,080 $ 0
Less: Net loss attributable to noncontrolling interests   (7,037) (8,983)  
Net loss attributable to common stockholders   $ (25,565) $ (46,835)  
Denominator:        
Weighted Average Class A Common Stock outstanding (in shares)   17,757,741    
Weighted average number of shares outstanding, basic (in dollars per share) [2]   23,809,490    
Weighted Averages Shares Outstanding - diluted (in shares) [2]   23,809,490    
Basic and Diluted Earnings Loss Per Share        
Earnings per share, basic (in shares)   $ (1.07)    
Diluted (in dollars per share)   $ (1.07)    
Series A Penny Warrants        
Denominator:        
Weighted Average Class A Common Stock issuable under Penny Warrants   1,051,749    
Series B Penny Warrants        
Denominator:        
Weighted Average Class A Common Stock issuable under Penny Warrants   5,000,000    
Series A Preferred Dividends        
Numerator:        
Preferred Dividends   $ (3,258)    
Series B Preferred Dividends        
Numerator:        
Preferred Dividends   $ (1,233)    
[1] The Merger occurred on December 27, 2023. As a result, net loss for the year ended December 31, 2023 was attributed to the pre-Merger period from January 1, 2023 through December 27, 2023 and to the post-Merger period from December 28, 2023 through December 31, 2023. During the pre-Merger period, net loss was attributable to LGM Enterprises, LLC and its noncontrolling interests. During the post-Merger period, net income was attributable to flyExclusive, Inc. and its noncontrolling interests and redeemable noncontrolling interest. Refer to the table below for the attribution of net income (loss) to controlling interests (LGM Enterprises, LLC for the pre-Merger period and flyExclusive, Inc. for the post-Merger period), noncontrolling interests, and redeemable noncontrolling interest during the pre-Merger and post-Merger periods.
(in thousands)Controlling InterestsNoncontrolling
Interests		Redeemable noncontrolling interestTotal
Net loss of LGM Enterprises, LLC attributed to the pre-Merger period from January 1, 2023 through December 27, 2023$(47,134)$(8,891)$— $(56,025)
Net income (loss) of flyExclusive, Inc. attributed to the post-Merger period from December 28, 2023 through December 31, 2023.299 (92)1,080 1,287 
Total net income (loss) for the year ended December 31, 2023$(46,835)$(8,983)$1,080 $(54,738)
[2] Basic and diluted earnings (loss) per share has not been presented for the year ended December 31, 2023 in the consolidated statements of operations and comprehensive loss. As a result of the Merger (as defined in Note 4 "Merger"), the Company's capital structure was significantly altered. The Company determined that presenting earnings per share for periods prior to the Merger would not result in values meaningful to the users of the consolidated financial statements. See Earnings per Share in Note 2 "Summary of Significant Accounting Policies" and Note 3 "Earnings (Loss) Per Share" for further discussion.