For the quarter ending 2025-09-30, AIRO had $43,143,410 increase in cash & cash equivalents over the period. -$6,705,893 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -7,962,016 | 3,897,674 |
| Non-cash gain on debt extinguishment | - | 15,559,069 |
| Stock-based compensation | 1,092,753 | 18,762,558 |
| Non-cash gain on ipo transactions | 4,543,551 | 932,170 |
| Note issuance for legal settlement | 0 | 750,000 |
| Provision for credit losses | 9,413 | 7,016 |
| Non-cash interest | 47,972 | 1,064,130 |
| Non-cash charge for libertas warrants | 1,152,175 | - |
| Non-cash investor note interest | 0 | 6,731,103 |
| Non-cash gain on debt extinguishment | 15,559,069 | - |
| Change in investor notes at fair value | 0 | 186,000 |
| Depreciation and amortization | 2,909,512 | 6,125,888 |
| Amortization of right-of-use lease assets | 195,064 | 86,221 |
| Change in fair value of contingent consideration | 0 | 20,271,826 |
| Change in fair value of warrant liability | 0 | 1,843,000 |
| Change in deferred taxes | -243,463 | 0 |
| Accounts receivable | -21,347,847 | 12,612,699 |
| Related party receivables | -406,803 | 0 |
| Prepaid expenses and other assets | 1,346,360 | 119,036 |
| Inventory | 5,666,050 | 633,018 |
| Accounts payable, accrued expenses and other long-term liabilities | -10,394,156 | -9,404,463 |
| Related party payables | -393,968 | 4,555 |
| Lease liabilities | -109,547 | -103,575 |
| Deferred revenue | -1,670,392 | -7,216,365 |
| Deferred compensation | -597,692 | 325,130 |
| Net cash used in operating activities | -5,765,656 | -30,754,946 |
| Purchase of property and equipment and investment in intangible assets | 940,237 | 1,066,934 |
| Net cash used in investing activities | -940,237 | -1,066,934 |
| Proceeds from the sale of common stock, net | 80,199,145 | 61,471,250 |
| Repurchase of common stock | 20,011,133 | - |
| Change in lines of credit | 127,396 | - |
| Proceeds from borrowings | 0 | 8,500,000 |
| Repayments on borrowings | 6,072,152 | 14,071,726 |
| Proceeds from related party borrowings | 0 | 230,900 |
| Repayments on related borrowings | 0 | 708,899 |
| Change in lines of credit | - | 127,396 |
| Debt issuance costs paid | 0 | 170,000 |
| Proceeds from the exercise of warrants | 1,044 | 2,088 |
| Payment of contingent consideration | 5,267,988 | 3,266,622 |
| Cash paid to seller | 1,000,000 | 2,245,769 |
| Net cash provided by (used in) financing activities | 47,848,916 | 49,613,826 |
| Effect of exchange rate changes | 2,000,387 | 1,832,711 |
| Net increase (decrease) in cash and restricted cash | 43,143,410 | 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)