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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4.22	4.61	0.75	0.35	0.28	0.63
Cash & Short-Term Investments	4.22	4.61	0.75	0.35	0.28	0.63
Cash Growth	1379.30%	512.22%	117.63%	23.13%	-55.18%	-74.97%
Accounts Receivable	7.49	7.07	8.9	7.89	9.48	10.47
Other Receivables	-	-	0.3	0.3	0.3	-
Total Trade Receivables	7.49	7.07	9.2	8.19	9.78	10.47
Inventory	35.28	34.26	28.81	29.85	31.82	29.53
Other Current Assets	1.22	0.84	0.43	0.33	0.34	0.25
Total Current Assets	48.2	46.78	39.19	38.72	42.22	40.88
Net Property, Plant & Equipment	10.43	10.93	11.11	10.88	11.07	11.42
Goodwill	-	-	-	-	-	0.16
Other Long-Term Assets	0.59	0.61	0.71	1.11	0.53	0.96
Total Assets	59.22	58.33	51.01	50.72	53.81	53.43
Accounts Payable	7.18	7.9	7.02	6.09	7.54	6.72
Short-Term Debt	4.87	4.87	-	-	-	-
Current Portion of Long-Term Debt	25.1	23.72	18.36	16.04	14.48	14.11
Current Portion of Leases	0.47	0.7	0.88	0.88	0.78	0.69
Unearned Revenue	0.97	0.39	1.12	3.56	0.78	1.47
Other Current Liabilities	0.02	0.03	0.04	0.04	0.04	0.41
Total Current Liabilities	38.61	37.62	27.41	26.6	23.62	23.4
Long-Term Debt	1.46	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	1.46	1.51	8.65	8.92	13.36	12.63
Total Liabilities	40.07	39.13	36.06	35.53	36.98	36.04
Common Stock	0.01	0.01	0	0	0	0
Additional Paid-in Capital	90.57	89.61	84.05	82.93	82.45	81.92
Retained Earnings	-71.43	-70.41	-69.11	-67.74	-65.61	-64.53
Shareholders' Equity	19.15	19.2	14.95	15.19	16.84	17.39
Total Liabilities & Equity	59.22	58.33	51.01	50.72	53.81	53.43
Total Debt	31.91	30.81	27.87	25.77	28.51	27.29
Net Cash (Debt)	-27.69	-26.2	-27.11	-25.43	-28.23	-26.66
Net Cash Per Share	-6.35	-6.21	-8.13	-7.75	-8.75	-7.32
Book Value	19.15	19.2	14.95	15.19	16.84	17.39
Book Value Per Share	4.39	4.55	4.48	4.63	5.22	4.77
Tangible Book Value	19.15	19.2	14.95	15.19	16.84	17.23
Tangible Book Value Per Share	4.39	4.55	4.48	4.63	5.22	4.73

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q