| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 6,360,807 | -49,066 |
| Depreciation and amortization | 0 | 0 |
| Stock-based compensation | 1,155,845 | 800,425 |
| Amortization of operating lease right of use asset | 278,334 | 180,004 |
| Issuance of common stock for services | 0 | 0 |
| Noncash interest expense | 0 | 0 |
| (gain) loss from change in fair value of warrant liability | 6,358,238 | 1,026,999 |
| (gain) loss from change in fair value of earnout liability | 6,414,894 | 2,522,020 |
| Loss from change in fair value of convertible note | 0 | 0 |
| Loss on note conversion | 0 | 0 |
| Accounts receivable | 20,564 | 1,330,670 |
| Prepaid expenses and other | 13,548 | 32,207 |
| Other assets | -5,432 | -5,432 |
| Operating lease liability | -281,169 | -180,711 |
| Payroll and income tax receivable | 0 | 0 |
| Accounts payable - trade and accrued expenses | -425,841 | -369,056 |
| Deferred revenue | 1,211,415 | 606,049 |
| Net cash used in operating activities | -4,502,421 | -3,918,819 |
| Issuance of common stock and warrants for offering, net | 0 | - |
| Proceeds from warrant exercise, net | 59,850 | 59,850 |
| Repayment of advances from founders | 1,300,000 | 1,300,000 |
| Proceeds from stock option exercises | 90,811 | 57,822 |
| Net cash (used in) provided by financing activities | -1,149,339 | -1,182,328 |
| Net (decrease) increase in cash and cash equivalents | -5,651,760 | -5,101,147 |
| Effect of exchange rate changes on cash | -7,409 | - |
| Cash and cash equivalents at beginning of period | 11,414,830 | - |
| Cash and cash equivalents at end of period | 5,755,661 | - |
Airship AI Holdings, Inc. (AISP)
Airship AI Holdings, Inc. (AISP)