XTI Aerospace, Inc. (XTIA)

XTI Aerospace Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1.68	4.56	6.11	16	9.3	6.3
Revenue Growth (YoY)	-51.50%	-25.32%	-61.81%	72.04%	47.55%	67.76%
Cost of Revenue	0.75	1.46	2.12	4.37	2.61	1.61
Gross Profit	0.93	3.1	3.99	11.62	6.68	4.69
Selling, General & Admin	12.9	17.61	16.27	49.74	20.59	16.7
Research & Development	2.84	4.36	4.48	14.12	6.52	3.89
Other Operating Expenses	12.82	8.07	2.48	20.5	3.36	4.91
Operating Expenses	28.56	30.03	23.23	84.36	30.48	25.5
Operating Income	-27.62	-26.93	-19.24	-72.74	-23.79	-20.81
Interest Expense / Income	3.27	4.73	0.6	-1.18	2.43	2.28
Other Expense / Income	3.24	14.26	43.73	-0.99	3.07	11.49
Pretax Income	-34.13	-45.92	-63.58	-70.57	-29.29	-34.58
Income Tax	-2.45	0.02	-0.18	-1.41	-0.06	-0.58
Net Income	-31.68	-45.95	-63.39	-69.16	-29.23	-33.99
Preferred Dividends	0.06	0	16.18	8.16	0	1.25
Net Income Common	-31.74	-45.95	-79.57	-77.32	-29.23	-35.24
Shares Outstanding (Basic)	5	1	0	0	0	0
Shares Outstanding (Diluted)	5	1	0	0	0	0
Shares Change	41.60%	2478.09%	54.37%	293.41%	3778.79%	4850.00%
EPS (Basic)	-15.92	-76.42	-3412.09	-5118.00	-7575.00	-356400.00
EPS (Diluted)	-15.92	-76.42	-3412.09	-5118.00	-7575.00	-356400.00
Free Cash Flow	-22.4	-29.57	-35.16	-38.5	-22.44	-11.68
Free Cash Flow Per Share	-4.17	-49.18	-1507.55	-2548.26	-5842.35	-118143.84
Gross Margin	55.54%	68.04%	65.28%	72.65%	71.89%	74.46%
Operating Margin	-1646.25%	-590.29%	-315.01%	-454.79%	-255.93%	-330.27%
Profit Margin	-1891.30%	-1007.17%	-1302.50%	-483.38%	-314.39%	-559.29%
Free Cash Flow Margin	-1335.04%	-648.18%	-575.48%	-240.68%	-241.31%	-185.38%
EBITDA	-29.41	-38.24	-54.81	-64.62	-23	-27.14
EBITDA Margin	-1752.50%	-838.27%	-897.25%	-404.01%	-247.37%	-430.79%
Depreciation & Amortization	1.45	2.95	8.16	7.13	3.86	5.15
EBIT	-30.86	-41.19	-62.98	-71.75	-26.86	-32.3
EBIT Margin	-1839.09%	-902.96%	-1030.86%	-448.58%	-288.90%	-512.59%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).