Air Industries Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4.06	0.75	0.35	0.28	0.63	2.51
Cash & Short-Term Investments	4.06	0.75	0.35	0.28	0.63	2.51
Cash Growth	2080.64%	117.63%	23.13%	-55.18%	-74.97%	93.59%
Accounts Receivable	6.75	8.9	7.89	9.48	10.47	8.8
Other Receivables	-	0.3	0.3	0.3	-	-
Total Trade Receivables	6.75	9.2	8.19	9.78	10.47	8.8
Inventory	34.43	28.81	29.85	31.82	29.53	32.12
Other Current Assets	0.59	0.43	0.33	0.34	0.25	0.19
Total Current Assets	45.81	39.19	38.72	42.22	40.88	43.61
Net Property, Plant & Equipment	11.52	11.11	10.88	11.07	11.42	13.09
Goodwill	-	-	-	-	0.16	0.16
Other Long-Term Assets	0.61	0.71	1.11	0.53	0.96	0.91
Total Assets	57.95	51.01	50.72	53.81	53.43	57.78
Accounts Payable	9.06	7.02	6.09	7.54	6.72	8.68
Short-Term Debt	4.87	-	-	-	-	-
Current Portion of Long-Term Debt	22.23	18.36	16.04	14.48	14.11	16.48
Current Portion of Leases	0.93	0.88	0.88	0.78	0.69	0.7
Unearned Revenue	0.44	1.12	3.56	0.78	1.47	0.92
Other Current Liabilities	0.04	0.04	0.04	0.04	0.41	0.55
Total Current Liabilities	37.56	27.41	26.6	23.62	23.4	27.33
Long-Term Debt	1.55	7.92	7.27	10.79	9.25	10.8
Long-Term Leases	-	0.7	1.58	2.46	3.24	3.93
Other Long-Term Liabilities	-	0.03	0.07	0.11	0.14	0.62
Total Long-Term Liabilities	1.55	8.65	8.92	13.36	12.63	15.34
Total Liabilities	39.11	36.06	35.53	36.98	36.04	42.67
Common Stock	0.01	0	0	0	0	0.03
Additional Paid-in Capital	89.4	84.05	82.93	82.45	81.92	81.24
Retained Earnings	-70.56	-69.11	-67.74	-65.61	-64.53	-66.16
Shareholders' Equity	18.84	14.95	15.19	16.84	17.39	15.11
Total Liabilities & Equity	57.95	51.01	50.72	53.81	53.43	57.78
Total Debt	29.57	27.87	25.77	28.51	27.29	31.9
Net Cash (Debt)	-25.51	-27.11	-25.43	-28.23	-26.66	-29.4
Net Cash Per Share	-6.86	-8.13	-7.75	-8.75	-7.32	-8.00
Book Value	18.84	14.95	15.19	16.84	17.39	15.11
Book Value Per Share	5.06	4.48	4.63	5.22	4.77	4.11
Tangible Book Value	18.84	14.95	15.19	16.84	17.23	14.95
Tangible Book Value Per Share	5.06	4.48	4.63	5.22	4.73	4.07

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q