AIRI: the cashflow

MyFinsight

For the quarter ending 2025-09-30, AIRI had $3,549K increase in cash & cash equivalents over the period. -$3,529K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net loss	-44	-1,410
Depreciation of property and equipment	627	1,187
Stock-based compensation	166	670
Amortization of finance lease right-of-use assets	49	98
Amortization of operating lease right-of-use assets	157	357
Deferred gain on sale - leaseback	10	19
Gain on sale of equipment	68	0
Changes in allowance for credit losses	-8	28
Amortization of deferred financing costs	17	34
Accounts receivable	-238	-1,897
Inventory	4,240	1,376
Prepaid expenses and other current assets	121	17
Contract costs receivable	0	-296
Prepaid taxes	0	20
Deposits and other assets	-29	-17
Accounts payable and accrued expenses	794	1,249
Operating lease liabilities	-210	-448
Customer deposits	0	-673
Net cash (used in) provided by operating activities	-2,624	1,870
Purchase of property and equipment	905	2,113
Proceeds from sale of equipment	200	0
Net cash used in investing activities	-705	-2,113
Payments for taxes related to net share settlement of equity awards	0	127
Note payable - revolver - net - current credit facility	3,744	-811
Proceeds from term loan - current credit facility	0	1,640
Net proceeds from common stock issued for cash	3,455	1,185
Payments of subordinated notes - related party	0	1,291
Payments of term loan - current credit facility	262	485
Payments of finance lease obligations	57	109
Payments of loan payable - financed asset	2	5
Net cash provided by financing activities	6,878	-3
Net increase (decrease) in cash	3,549	-246
Cash and cash equivalents at beginning of period	753	-
Cash and cash equivalents at end of period	4,056	-

Unit: Thousand (K) dollars