| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -4,064,342 | 3,897,674 |
| Non-cash gain on debt extinguishment | - | 15,559,069 |
| Stock-based compensation | 19,855,311 | 18,762,558 |
| Non-cash gain on ipo transactions | 5,475,721 | 932,170 |
| Note issuance for legal settlement | 750,000 | 750,000 |
| Provision for credit losses | 16,429 | 7,016 |
| Non-cash interest | 1,112,102 | 1,064,130 |
| Non-cash charge for libertas warrants | 1,152,175 | - |
| Non-cash investor note interest | 6,731,103 | 6,731,103 |
| Non-cash gain on debt extinguishment | 15,559,069 | - |
| Change in investor notes at fair value | 186,000 | 186,000 |
| Depreciation and amortization | 9,035,400 | 6,125,888 |
| Amortization of right-of-use lease assets | 281,285 | 86,221 |
| Change in fair value of contingent consideration | 20,271,826 | 20,271,826 |
| Change in fair value of warrant liability | 1,843,000 | 1,843,000 |
| Change in deferred taxes | -243,463 | 0 |
| Accounts receivable | -8,735,148 | 12,612,699 |
| Related party receivables | -406,803 | 0 |
| Prepaid expenses and other assets | 1,465,396 | 119,036 |
| Inventory | 6,299,068 | 633,018 |
| Accounts payable, accrued expenses and other long-term liabilities | -19,798,619 | -9,404,463 |
| Related party payables | -389,413 | 4,555 |
| Lease liabilities | -213,122 | -103,575 |
| Deferred revenue | -8,886,757 | -7,216,365 |
| Deferred compensation | -272,562 | 325,130 |
| Net cash used in operating activities | -36,520,602 | -30,754,946 |
| Purchase of property and equipment and investment in intangible assets | 2,007,171 | 1,066,934 |
| Net cash used in investing activities | -2,007,171 | -1,066,934 |
| Proceeds from the sale of common stock, net | 141,670,395 | 61,471,250 |
| Repurchase of common stock | 20,011,133 | - |
| Change in lines of credit | 127,396 | - |
| Proceeds from borrowings | 8,500,000 | 8,500,000 |
| Repayments on borrowings | 20,143,878 | 14,071,726 |
| Proceeds from related party borrowings | 230,900 | 230,900 |
| Repayments on related borrowings | 708,899 | 708,899 |
| Change in lines of credit | - | 127,396 |
| Debt issuance costs paid | 170,000 | 170,000 |
| Proceeds from the exercise of warrants | 3,132 | 2,088 |
| Payment of contingent consideration | 8,534,610 | 3,266,622 |
| Cash paid to seller | 3,245,769 | 2,245,769 |
| Net cash provided by (used in) financing activities | 97,462,742 | 49,613,826 |
| Effect of exchange rate changes | 3,833,098 | 1,832,711 |
| Net increase (decrease) in cash and restricted cash | 62,768,067 | 19,624,657 |
| Cash and cash equivalents at beginning of period | 20,910,678 | - |
| Cash and cash equivalents at end of period | 83,678,745 | - |
AIRO Group Holdings, Inc. (AIRO)
AIRO Group Holdings, Inc. (AIRO)