Harbor Diversified, Inc. (“Harbor”) is a non-operating holding company that is the parent of a consolidated group of subsidiaries, including AWAC Aviation, Inc. (“AWAC”), which is the sole member of Air Wisconsin Airlines LLC (“Air Wisconsin”), a regional air carrier. Harbor is also the direct parent of three other subsidiaries: (1) Lotus Aviation Leasing, LLC (“Lotus”), which leases flight equipment to Air Wisconsin, (2) Air Wisconsin Funding LLC (“AWF”), which provides flight equipment financing to Air Wisconsin, and (3) Harbor Therapeutics, Inc. (“Therapeutics”), which is a non-operating entity with no material assets. Because Harbor consolidates Air Wisconsin for financial statement purposes, for purposes of this Annual Report on Form 10-K for the year ended December 31, 2022 (this “Annual Report”), disclosures relating to activities of Air Wisconsin also apply to Harbor, unless otherwise noted. When appropriate, Air Wisconsin is named specifically for its individual contractual obligations, operations and related disclosures. Where reference is intended to include Harbor and its consolidated subsidiaries, they may be jointly referred to as the “Company,” “we,” “us,” or “our.” Where reference is intended to refer only to Harbor, it is referred to as “Harbor.”
Company profile
Ticker
HRBR
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Harbor BioSciences, Inc., HOLLIS EDEN PHARMACEUTICALS INC /DE/, INITIAL ACQUISITION CORP
SEC CIK
Corporate docs
Subsidiaries
Lotus Aviation Leasing, LLC • Air Wisconsin Funding LLC • Harbor Therapeutics, Inc. • AWAC Aviation, Inc. • Air Wisconsin Airlines LLC ...
IRS number
133697002
HRBR stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
1 Apr 24
8-K
Other Events
28 Dec 23
10-Q
2023 Q3
Quarterly report
15 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
25 Sep 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
10-Q
2023 Q1
Quarterly report
15 May 23
10-K
2022 FY
Annual report
3 Apr 23
8-K
Entry into a Material Definitive Agreement
1 Mar 23
8-K
Entry into a Material Definitive Agreement
16 Feb 23
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 16.55 mm | 16.55 mm | 16.55 mm | 16.55 mm | 16.55 mm | 16.55 mm |
Cash burn (monthly) | 32.33 k | 240.42 k | 1.69 mm | 690.33 k | 606.00 k | (no burn) |
Cash used (since last report) | 215.69 k | 1.60 mm | 11.28 mm | 4.61 mm | 4.04 mm | n/a |
Cash remaining | 16.33 mm | 14.94 mm | 5.27 mm | 11.94 mm | 12.50 mm | n/a |
Runway (months of cash) | 505.1 | 62.2 | 3.1 | 17.3 | 20.6 | n/a |
Institutional ownership, Q2 2023
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 44.00 mm |
Total shares | 20.00 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Williams Jones Wealth Management | 20.00 k | $44.00 mm |
Press releases
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Harbor Diversified, Inc. - HRBR
16 Apr 24
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Harbor Diversified, Inc. (HRBR) on Behalf of Investors
12 Apr 24
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Harbor Diversified, Inc. (HRBR) on Behalf of Investors
12 Apr 24
The Law Offices of Frank R. Cruz Announces Investigation of Harbor Diversified, Inc. (HRBR) on Behalf of Investors
10 Apr 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Harbor Diversified, Inc. - HRBR
8 Apr 24