XTI Aerospace reports $32.45M revenue

Quarterly report, 7 new risk factors

Written from the 10-Q on EDGAR. Check the filing before you rely on it.

What changed since last quarter

7 new risk factors · 10 removed

Compared with the 10-Q for the period ended Mar 31, 2026.

New risk factors (7)

We have a history of operating losses and negative cash flow and failure to improve our financial condition could have a material adverse effect on our business, financial condition, results of operations and liquidity. +3 more paragraphs
We expect to fund potential acquisitions through a combination of debt financing, which may include borrowings under our existing asset-based revolving credit facility or new credit facilities, seller financing, and the issuance of our common stock or other equity or equity-linked securities, including equity…
New or increased tariffs or other trade restrictions on imported unmanned aircraft systems and related components could adversely affect our business, financial condition and results of operations. +4 more paragraphs
Our planned Advanced Technology and Manufacturing ( ATM ) division intends to focus on facilitating partnerships with domestic manufacturers to increase access to NDAA-compliant products. The division s goal is to develop and expand a domestically sourced supply chain designed to support compliance with applicable…
For example, we are currently involved in litigation relating to the XTI Merger. On December 6, 2023, Xeriant, Inc. ( Xeriant ) filed a complaint in the United States District Court for the Southern District of New York (the S.D.N.Y. ) against Legacy XTI, two unnamed entities, and five unnamed individuals. On January… +1 more paragraph
and 2 more in the filing

Removed risk factors (10)

10-K for the year ended December 31, 2025, filed with the SEC on April 15, 2026, which report is incorporated by reference herein, all of which could materially affect our business, financial condition and future results. +2 more paragraphs
a combination of available cash on hand, debt financing, which may include borrowings under our existing asset-based revolving credit facility or new credit facilities, and the issuance of our common stock or other equity or equity-linked securities, including equity interests in our subsidiaries. Any acquisition… +1 more paragraph
of our former Industrial IoT / Real-Time Location Systems operations (the Inpixon Business ) for a purchase price of EUR
features that may result in our receiving less than the stated purchase price, including (i) our right (the Unwind Option )
XTI Aircraft division toward unmanned systems development introduces significant new execution risks. +3 more paragraphs
and 5 more in the filing

Companies of similar size in SIC 7371 and related industry codes: the same peer list as the financial tables.