| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 5,755,661 | 6,306,274 | ||
| Accounts receivable, net of allowance for credit losses of 0 | 1,247,321 | 2,557,427 | ||
| Prepaid expenses and other | 31,431 | 50,090 | ||
| Total current assets | 7,034,413 | 8,913,791 | ||
| Other assets | 160,528 | 160,528 | ||
| Operating lease right of use asset | 908,029 | 1,006,359 | ||
| Total assets | 8,102,970 | 10,080,678 | ||
| Accounts payable - trade | 339,468 | 393,341 | ||
| Advances from founders | 0 | - | ||
| Accrued expenses | 45,819 | 48,731 | ||
| Current portion of operating lease liability | 427,498 | 416,583 | ||
| Advances from founders | - | 0 | ||
| Deferred revenue- current portion | 4,652,485 | 4,629,075 | ||
| Total current liabilities | 5,465,270 | 5,487,730 | ||
| Operating lease liability, net of current portion | 539,375 | 650,748 | ||
| Warrant liability | 27,822,380 | 33,153,619 | ||
| Earnout liability | 11,607,790 | 15,500,664 | ||
| Deferred revenue- non-current | 2,749,263 | 2,167,307 | ||
| Total liabilities | 48,184,078 | 56,960,068 | ||
| Preferred stock - no par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of september 30, 2025 and december 31, 2024 | 0 | 0 | ||
| Common stock - 0.0001 par value, 200,000,000 shares authorized, 32,013,300 and 30,588,413 shares issued and outstanding as of september 30, 2025 and december 31, 2024 | 3,198 | 3,188 | ||
| Additional paid in capital | 28,507,356 | 28,118,957 | ||
| Accumulated deficit | -68,580,783 | -74,990,656 | ||
| Accumulated other comprehensive loss | -10,879 | -10,879 | ||
| Total stockholders' deficit | -40,081,108 | -46,879,390 | ||
| Total liabilities and stockholders' deficit | 8,102,970 | 10,080,678 | ||
Airship AI Holdings, Inc. (AISP)
Airship AI Holdings, Inc. (AISP)