AIRI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, AIRI has $59,216K in assets. $40,071K in debts.

Balance Sheets Overview

Current Ratio
124.83%
Quick Ratio
33.46%
Debt to Asset Ratio
67.67%
Unit: Thousand (K) dollars
Assets Breakdown
Property and equipment, net
Accounts receivable, net of allo...
Restricted cash
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Total current liabilities
Others

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash	286	126	507
Restricted cash	3,930	3,930	-
Accounts receivable, net of allowance for credit losses of 629,000 and 464,000	7,485	6,745	-
Inventory	35,282	34,427	30,187
Contract costs receivable	-	-	0
Prepaid expenses and other current assets	1,140	509	388
Accounts receivable, net of allowance for credit losses	-	-	6,975
Prepaid taxes	77	76	76
Total current assets	48,200	45,813	38,133
Property and equipment, net	9,215	9,882	9,735
Finance lease right-of-use-assets	867	966	1,015
Operating lease right-of-use-assets	346	676	833
Deferred financing costs, net, deposits and other assets	588	614	661
Total assets	59,216	57,951	50,377

Debt	25,102	22,227	18,727
Accounts payable and accrued expenses	7,178	9,058	8,264
Subordinated notes - related party	4,871	4,871	-
Operating lease liabilities	473	925	896
Deferred gain on sale	19	38	38
Customer deposits	968	442	442
Total current liabilities	38,611	37,561	28,367
Operating lease liabilities	-	-	239
Subordinated notes - related party-Related Party	-	-	4,871
Debt	1,460	1,547	1,624
Deferred gain on sale	-	-	10
Preferred stock - par value .001 - authorized 3,000,000 shares, 0 shares outstanding, at both june 30, 2025 and december 31, 2024	-	-	0
Total liabilities	40,071	39,108	35,111
Common stock - par value .001 - authorized 6,000,000 shares, 4,781,054 and 4,776,454 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively	5	5	4
Additional paid-in capital	90,572	89,399	85,779
Accumulated deficit	-71,432	-70,561	-70,517
Total stockholders equity	19,145	18,843	15,266
Total liabilities and stockholders equity	59,216	57,951	50,377

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Current Ratio
124.83%
Quick Ratio
33.46%
Debt to Asset Ratio
67.67%
Unit: Thousand (K) dollars
Assets Breakdown
Property and equipment, net
Accounts receivable, net of allo...
Restricted cash
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Total current liabilities
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio
124.83%
Quick Ratio
33.46%
Debt to Asset Ratio
67.67%
Unit: Thousand (K) dollars
Assets Breakdown
Property and equipment, net
Accounts receivable, net of allo...
Restricted cash
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Total current liabilities
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio124.83%Quick Ratio33.46%Debt to Asset Ratio67.67%Unit: Thousand (K) dollarsAssets BreakdownProperty and equipment, netAccounts receivable, net of allo...Restricted cashOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitTotal current liabilitiesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio124.83%Quick Ratio33.46%Debt to Asset Ratio67.67%Unit: Thousand (K) dollarsAssets BreakdownProperty and equipment, netAccounts receivable, net of allo...Restricted cashOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitTotal current liabilitiesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets