Air Industries Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4.61	0.75	0.35	0.28	0.63
Cash & Short-Term Investments	4.61	0.75	0.35	0.28	0.63
Cash Growth	512.22%	117.63%	23.13%	-55.18%	-74.97%
Accounts Receivable	7.07	8.9	7.89	9.48	10.47
Other Receivables	-	0.3	0.3	0.3	-
Total Trade Receivables	7.07	9.2	8.19	9.78	10.47
Inventory	34.26	28.81	29.85	31.82	29.53
Other Current Assets	0.84	0.43	0.33	0.34	0.25
Total Current Assets	46.78	39.19	38.72	42.22	40.88
Net Property, Plant & Equipment	10.93	11.11	10.88	11.07	11.42
Goodwill	-	-	-	-	0.16
Other Long-Term Assets	0.61	0.71	1.11	0.53	0.96
Total Assets	58.33	51.01	50.72	53.81	53.43
Accounts Payable	7.9	7.02	6.09	7.54	6.72
Short-Term Debt	4.87	-	-	-	-
Current Portion of Long-Term Debt	23.72	18.36	16.04	14.48	14.11
Current Portion of Leases	0.7	0.88	0.88	0.78	0.69
Unearned Revenue	0.39	1.12	3.56	0.78	1.47
Other Current Liabilities	0.03	0.04	0.04	0.04	0.41
Total Current Liabilities	37.62	27.41	26.6	23.62	23.4
Long-Term Debt	1.51	7.92	7.27	10.79	9.25
Long-Term Leases	-	0.7	1.58	2.46	3.24
Other Long-Term Liabilities	-	0.03	0.07	0.11	0.14
Total Long-Term Liabilities	1.51	8.65	8.92	13.36	12.63
Total Liabilities	39.13	36.06	35.53	36.98	36.04
Common Stock	0.01	0	0	0	0
Additional Paid-in Capital	89.61	84.05	82.93	82.45	81.92
Retained Earnings	-70.41	-69.11	-67.74	-65.61	-64.53
Shareholders' Equity	19.2	14.95	15.19	16.84	17.39
Total Liabilities & Equity	58.33	51.01	50.72	53.81	53.43
Total Debt	30.81	27.87	25.77	28.51	27.29
Net Cash (Debt)	-26.2	-27.11	-25.43	-28.23	-26.66
Net Cash Per Share	-6.21	-8.13	-7.75	-8.75	-7.32
Book Value	19.2	14.95	15.19	16.84	17.39
Book Value Per Share	4.55	4.48	4.63	5.22	4.77
Tangible Book Value	19.2	14.95	15.19	16.84	17.23
Tangible Book Value Per Share	4.55	4.48	4.63	5.22	4.73

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q