XTIA · XBRL financial data

XTI Aerospace financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (XTIA's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Revenue	9,297	15,995	19,418	—	3,202	22,490
Revenue from contracts with customers	9,297	15,995	19,418	4,562	3,202	—
Cost of revenue	2,613	4,374	5,489	1,458	1,314	17,569
Gross profit	6,684	11,621	13,929	3,104	1,888	4,921
Research and development	6,523	14,121	17,661	4,355	3,996	5,240
General and administrative	15,261	41,352	26,060	14,970	22,022	32,845
Total operating expenses	30,478	84,238	70,629	30,033	38,868	47,742
Operating income (loss)	(23,794)	(72,617)	(56,700)	(26,929)	(36,980)	(42,821)
Interest income	—	—	—	—	364	—
Interest expense	—	—	—	1,142	1,146	270
Other income (expense)	(470)	(173)	692	694	21	—
Income tax expense (benefit)	(56)	(1,412)	(65)	24	16	(10)
Net income (loss)	(29,229)	(69,155)	(63,394)	(45,947)	(35,603)	(68,761)
Earnings per share, basic‡ USD per share	(75.77)	(54.01)	(34.12)	(76.42)	(162.78)	(4.24)
Earnings per share, diluted‡ USD per share	(75.77)	(54.01)	(34.12)	(76.42)	(162.78)	(4.24)
Weighted average shares, basic‡ thousands of shares	384	1,439	2,332	601	227	16,338
Weighted average shares, diluted‡ thousands of shares	384	1,439	2,332	601	227	16,338

‡ Per-share figures and share counts are adjusted for the 1-for-75.01875468867217 stock split (October 2022); filings made before it reported them unadjusted.
† Share count changed about 7x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (XTIA's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Cash and cash equivalents	17,996	52,480	20,235	6,254	4,105	16,696
Short-term investments	7,998	43,125	0	0	—	—
Accounts receivable	1,739	3,218	3,227	568	706	12,093
Inventory	1,243	1,976	2,442	2,415	2,214	15,400
Prepaid and other current assets	1,197	4,842	3,453	430	1,018	3,989
Total current assets	30,325	105,962	29,866	20,499	8,581	51,823
Property and equipment, net	1,445	1,442	1,266	277	206	385
Right-of-use asset	2,077	1,736	1,212	335	340	2,965
Goodwill	6,588	7,672	0	0	12,072	11,544
Total assets	59,011	156,673	57,635	23,769	24,291	81,246
Accounts payable	908	2,414	2,557	2,449	5,487	5,212
Accrued liabilities	2,739	10,665	4,355	2,007	522	391
Total current liabilities	12,117	27,131	24,714	16,899	17,421	47,603
Long-term debt	—	—	—	18,546	65	450
Lease liability, non-current	1,457	1,108	778	141	231	2,427
Total liabilities	14,331	28,487	25,520	17,040	17,717	50,802
Accumulated deficit	(180,992)	(250,309)	(314,841)	(359,698)	(93,562)	(162,323)
Total stockholders' equity	44,639	81,803	32,197	6,339	6,574	17,738
Total liabilities and equity	59,011	156,673	57,635	23,769	24,291	81,246
Common shares outstanding (cover page)‡ thousands of shares	1,351	2,033	17,210	9,919	5,538	38,472

‡ Per-share figures and share counts are adjusted for the 1-for-75.01875468867217 stock split (October 2022); filings made before it reported them unadjusted.
† Share count changed about 7x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (XTIA's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Net income (loss)	(29,229)	(69,155)	(63,394)	(45,947)	(35,603)	(68,761)
Stock-based compensation	1,194	10,879	3,656	1,003	4,121	12,046
Depreciation and amortization	—	—	—	11	113	—
Net cash from operating activities	(20,601)	(37,131)	(33,963)	(29,213)	(22,307)	(36,611)
Purchases of property and equipment	972	346	245	172	68	215
Net cash from investing activities	(23,507)	(53,508)	36,387	(5,887)	2,853	(18,762)
Proceeds from issuing common stock	55,352	0	14,088	26,508	—	—
Net cash from financing activities	57,259	125,037	(34,586)	22,208	23,564	68,210
Net change in cash	13,147	34,484	(32,245)	(12,860)	4,100	12,814

† Share count changed about 7x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 7371 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7371 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
XTI Aerospace	7,214	32,449	(10,554)*	38.5M	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Creative Realities	10,703	not reported	2,726*	13.5M	—	Q2 FY26 10-QJun 30, 2026
Great Elm Group	53,474	10,559*	7,925*	31.1M	—	Q4 FY26 10-KJun 30, 2026
Netsol Technologies	27,124	20,725*	year only	12.0M	—	Q4 FY26 10-KJun 30, 2026
Widepoint	10,018	38,000	(110)*	10.0M	90.7 quarters	Q2 FY26 10-QJun 30, 2026
Transuite.org	107	126	10*	77.3M	—	Q2 FY26 10-QJun 30, 2026
Where Food Comes From	3,417	6,611	937*	5.0M	—	Q2 FY26 10-QJun 30, 2026
Aware	2,428	4,417	(1,431)*	21.9M	1.1 quarters	Q3 FY26 10-QSep 30, 2026
Firefly Neuroscience	9,226	514	(1,750)*	15.7M	5.3 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.