For the quarter ending 2026-03-31, XTIA made $27,696K in revenue. -$35,312K in net income. Net profit margin of -127.50%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 27,696 | 17,864* | 2,484 | 600 |
| Cost of revenues | 22,550 | 15,283* | 1,407 | 117 |
| Gross profit | 5,146 | 2,581* | 1,077 | 483 |
| Research and development | 1,197 | -662* | 1,985 | 1,950 |
| Merger-related transaction costs | - | - | - | 0 |
| Sales and marketing | 2,363 | -765* | 2,741 | 1,505 |
| Impairment of intangible assets | - | - | 0 | 100 |
| Merger and acquisition transaction costs | - | 3,887* | 0 | - |
| Impairment of goodwill | - | - | 0 | 4,049 |
| General and administrative | 11,746 | 15,833* | 11,106 | 3,948 |
| Amortization of intangible assets | 230 | -6* | 54 | 61 |
| Total operating expenses | 15,536 | 18,286* | 15,886 | 11,613 |
| Loss from operations | -10,390 | -15,705* | -14,809 | -11,130 |
| Amortization of deferred loan costs | - | - | 0 | 0 |
| Interest expense, net | 154 | 267* | 1 | 1 |
| Loss on extinguishment of debt | - | -421* | 0 | 0 |
| Provision for expected credit losses on convertible note investment | - | 510* | - | - |
| Warrant issuance expense | - | 266* | -785 | -3,779 |
| Change in fair value of equity securities | - | 87* | - | - |
| Change in fair value of convertible notes | - | - | 0 | 0 |
| Change in fair value of warrant liability | 21,447 | -3,319* | -2,151 | 5,934 |
| Other income, net | - | 8* | - | - |
| Other | 245 | - | -1 | -5 |
| Total other (expense) income | -21,356 | 2,308* | 1,364 | -9,719 |
| Loss from continuing operations before income taxes | -31,746 | -13,398* | -13,445 | -20,849 |
| Income tax benefit (provision) | - | -25* | 1 | 9 |
| Net loss from continuing operations, net of tax | -31,746 | -13,373* | - | - |
| Loss from operations of discontinued component, inclusive of tax | -3,252 | -3,864* | - | - |
| Net loss | -34,998 | -17,237* | - | - |
| Net (income) loss attributable to noncontrolling interest | 272 | 68* | - | - |
| Net loss attributable to xti aerospace, inc | -35,270 | -17,305* | -13,446 | -20,858 |
| Deemed dividend | - | - | 0 | 0 |
| Less preferred stock dividends | 42 | 437* | 0 | 0 |
| Net loss attributable to common stockholders | -35,312 | -17,742 | -13,446 | -20,858 |
| Basic EPS | -1 | -1.086 | -0.61 | -2.93 |
| Diluted EPS | -1 | -1.086 | -0.61 | -2.93 |
| Basic Average Shares | 35,284,100 | 16,337,782* | 22,065,141 | 7,121,837 |
| Diluted Average Shares | 35,284,100 | 16,337,782* | 22,065,141 | 7,121,837 |
XTI Aerospace, Inc. (XTIA)
XTI Aerospace, Inc. (XTIA)