Harbor Diversified Inc. 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”). Air Wisconsin is a regional air carrier that, as of December 31, 2019, provided scheduled passenger service to 81 cities in 31 states. Harbor Diversified Inc. 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. For purposes of this Annual Report on Form 10-K for the year ended December 31, 2019 (this “Annual Report”), where reference is intended to include Harbor Diversified Inc. together with its consolidated subsidiaries, they are collectively referred to as “we,” “us,” or “our.” Where reference is intended to refer only to Harbor Diversified Inc., it is referred to as the “Company.”
Company profile
Ticker
HRBR
Exchange
Employees
Incorporated
Location
Fiscal year end
Sector
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
Investment data
Securities sold
Number of investors
Calendar
9 May 22
2 Jul 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 11 | |
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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) | 26.15M | 26.15M | 26.15M | 26.15M | 26.15M | 26.15M |
Cash burn (monthly) | 4.16M | 8.23M | (no burn) | (no burn) | 596K | (no burn) |
Cash used (since last report) | 12.72M | 25.18M | n/a | n/a | 1.82M | n/a |
Cash remaining | 13.43M | 968.48K | n/a | n/a | 24.32M | n/a |
Runway (months of cash) | 3.2 | 0.1 | n/a | n/a | 40.8 | n/a |
Institutional ownership, Q3 2021
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 39K |
Total shares | 20.31K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Williams Jones Wealth Management | 20K | $38K |
Captrust Financial Advisors | 310 | $1K |
Financial report summary
?Content analysis
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Readability |
H.S. junior Avg
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New words:
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Removed:
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Current reports
8-K
Submission of Matters to a Vote of Security Holders
13 Sep 21
8-K
Changes in Registrant's Certifying Accountant
3 Nov 20
8-K
Entry into a Material Definitive Agreement
22 Oct 20
8-K
Cost Associated with Exit or Disposal Activities
6 Oct 20
8-K
Submission of Matters to a Vote of Security Holders
12 Aug 20
8-K
Other Events
29 Apr 20
8-K
Submission of Matters to a Vote of Security Holders
27 Oct 11
8-K
Departure of Directors or Certain Officers
11 Aug 11
8-K
Entry into a Material Definitive Agreement
2 Aug 11
8-K
Other Events
6 Feb 11
Registration and prospectus
15-15D
Suspension of duty to report
11 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
POS AM
Prospectus update (post-effective amendment)
4 Jan 12
Other
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Notice of effectiveness
8 Jan 12
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8 Jan 12
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8 Jan 12
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Reddit threads
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29 Nov 21
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24 Nov 21
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$HRBR: market has priced Air Wisconsin for liquidation--bunch of evidence that's not going to happen, creating 270% upside opportunity
3 Aug 21
$HRBR: market has priced Air Wisconsin for liquidation--why that's a major mistake that presents a 270% upside opportunity
2 Aug 21
$HRBR: market has priced Air Wisconsin for liquidation--why that's a major mistake that presents a 270% upside opportunity
9 Jul 21
Need to make the jump from Robinhood...J.P. Morgan or Fidelity?
6 Jul 21