| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -1,454 | -1,410 |
| Depreciation of property and equipment | 1,814 | 1,187 |
| Stock-based compensation | 836 | 670 |
| Amortization of finance lease right-of-use assets | 147 | 98 |
| Amortization of operating lease right-of-use assets | 514 | 357 |
| Deferred gain on sale - leaseback | 29 | 19 |
| Gain on sale of equipment | 68 | 0 |
| Changes in allowance for credit losses | 20 | 28 |
| Amortization of deferred financing costs | 51 | 34 |
| Accounts receivable | -2,135 | -1,897 |
| Inventory | 5,616 | 1,376 |
| Prepaid expenses and other current assets | 138 | 17 |
| Contract costs receivable | -296 | -296 |
| Prepaid taxes | 20 | 20 |
| Deposits and other assets | -46 | -17 |
| Accounts payable and accrued expenses | 2,043 | 1,249 |
| Operating lease liabilities | -658 | -448 |
| Customer deposits | -673 | -673 |
| Net cash (used in) provided by operating activities | -754 | 1,870 |
| Purchase of property and equipment | 3,018 | 2,113 |
| Proceeds from sale of equipment | 200 | 0 |
| Net cash used in investing activities | -2,818 | -2,113 |
| Payments for taxes related to net share settlement of equity awards | 127 | 127 |
| Note payable - revolver - net - current credit facility | 2,933 | -811 |
| Proceeds from term loan - current credit facility | 1,640 | 1,640 |
| Net proceeds from common stock issued for cash | 4,640 | 1,185 |
| Payments of subordinated notes - related party | 1,291 | 1,291 |
| Payments of term loan - current credit facility | 747 | 485 |
| Payments of finance lease obligations | 166 | 109 |
| Payments of loan payable - financed asset | 7 | 5 |
| Net cash provided by financing activities | 6,875 | -3 |
| Net increase (decrease) in cash | 3,303 | -246 |
| Cash and cash equivalents at beginning of period | 753 | - |
| Cash and cash equivalents at end of period | 4,056 | - |
AIR INDUSTRIES GROUP (AIRI)
AIR INDUSTRIES GROUP (AIRI)