Joby Aviation (JOBY) reported a Q4 loss of $0.34 per diluted share, widening from a loss of $0.17 a year earlier.

Analysts polled by FactSet expected a loss of $0.19.

Revenue for the quarter ended Dec. 31 was $55,000, compared with $1 million a year earlier.

Analysts surveyed by FactSet expected $100,000.

The company said it intends to deploy an aircraft to Dubai by mid-2025 for flight testing and plans to launch passenger flights in late 2025 or early 2026.

Shares of the company were up 4% in after-hours activity.

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