| Income Statement | 2025-09-30 | 2025-06-30 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenues | 2,484 | 600 | 918 | 1,031 |
| Cost of revenues | 1,407 | 117 | 398 | 369 |
| Gross profit | 1,077 | 483 | 520 | 662 |
| Research and development | 1,985 | 1,950 | 1,228 | 1,148 |
| Merger-related transaction costs | - | 0 | - | - |
| Sales and marketing | 2,741 | 1,505 | 1,019 | 837 |
| General and administrative | 11,106 | 3,948 | 2,293 | 12,412 |
| Amortization of intangible assets | 54 | 61 | 196 | 192 |
| Merger-related transaction costs | 0 | - | - | - |
| Impairment of goodwill | 0 | 4,049 | - | - |
| Impairment of intangible assets | 0 | 100 | - | - |
| Total operating expenses | 15,886 | 11,613 | 4,736 | 14,589 |
| Loss from operations | -14,809 | -11,130 | -4,216 | -13,927 |
| Interest expense, net | 1 | 1 | - | - |
| Warrant issuance expense | -785 | -3,779 | - | - |
| Change in fair value of warrant liability | -2,151 | 5,934 | - | 679 |
| Other | -1 | -5 | 3 | -22 |
| Amortization of deferred loan costs | 0 | 0 | - | - |
| Loss on extinguishment of debt | 0 | 0 | - | - |
| Interest expense, net | - | - | -222 | -70 |
| Change in fair value of convertible notes | 0 | 0 | - | - |
| Total other (expense) income | 1,364 | -9,719 | -219 | -771 |
| Net loss, before tax | -13,445 | -20,849 | -4,435 | -14,698 |
| Income tax benefit (provision) | 1 | 9 | - | 12 |
| Net loss | -13,446 | -20,858 | -4,435 | -14,710 |
| Less deemed dividend | - | - | 54 | 460 |
| Preferred stock return | 0 | 0 | - | - |
| Less preferred stock return and dividend | - | - | 185 | 250 |
| Deemed dividend | 0 | 0 | - | - |
| Net loss attributable to common stockholders | -13,446 | -20,858 | -4,674 | -15,420 |
| Net loss per share - basic (in dollars per share) | -0.61 | -2.93 | -0.13 | -1.05 |
| Net loss per share - diluted (in dollars per share) | -0.61 | -2.93 | -0.13 | -1.05 |
| Weighted average shares outstanding, basic (in shares) | 22,065,141 | 7,121,837 | 34,986,105 | 14,714,143 |
| Weighted average shares outstanding, diluted (in shares) | 22,065,141 | 7,121,837 | 34,986,105 | 14,714,143 |
XTI Aerospace, Inc. (XTIA)
XTI Aerospace, Inc. (XTIA)