AIRO Group Holdings, Inc.

Listed Company

AIROCIK 0001927958NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthAircraftDelawareFY ends Dec 31

Period

FY 2025

Revenue

$90.91M

Net Income

$-4.10M

Total Assets

$774.14M

Equity

$739.19M

Shares Out

31.43M

Op. Cash Flow

$-32.43M

Business

AIRO Group Holdings, Inc. is a publicly listed company in Aircraft, incorporated in Delaware. Common stock trades on Nasdaq under the ticker AIRO.

Auto-generated from company profile

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31
Revenue	91	87
Cost of revenue	36	29
Gross profit	54	58
Research and development	18	13
Sales and marketing	7	6
General and administrative	59	18
Goodwill impairment	—	38
Total operating expenses	83	76
Loss from operations	−29	−17
Interest expense, net	−10	−4
Gain (loss) on extinguishment of debt	16	−10
Other income, net	26	2
Total other income (expense)	32	−12
Income (loss) before income tax expense	3	−29
Income tax expense	−7	−9
Net loss	−4	−39
Net loss per share - basic	−0.17	−2.36
Net loss per share - diluted	−0.17	−2.36
Weighted-average number of common shares used in computing net loss per share, basic	23,678	16,387
Weighted-average number of common shares used in computing net loss per share, diluted	23,678	16,387

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2021 2021-12-31
Cash	74	21	—	900,000
Restricted cash	193,000	170,000	—	—
Inventory	12	9	—	—
Prepaid expenses and other current assets	8	2	—	—
Deferred offering costs	—	800,000	—	—
Total current assets	106	43	—	—
Property and equipment, net	9	7	—	—
Right-of-use operating lease assets	3	352,000	—	—
Goodwill	572	558	603	—
Intangible assets, net	83	94	—	—
Other assets	259,000	208,000	—	—
Total assets	774	701	—	—
Accrued expenses	8	16	—	—
Operating lease liabilities, current	902,000	213,000	—	—
Deferred revenue	4	10	—	—
Related party borrowings	1	6	—	—
Revolving lines of credit	—	127,000	—	—
Current maturities of debt	1	28	—	—
Investor notes at fair value	—	14	—	—
Due to seller	—	3	—	—
Total current liabilities	31	97	—	—
Long-term debt, net of current maturities	500,000	688,000	—	—
Deferred compensation	—	11	—	—
Deferred tax liability	1	767,000	—	—
Long-term deferred revenue	8,000	10,000	—	—
Operating lease liabilities, noncurrent	2	146,000	—	—
Other long-term liabilities	50,000	50,000	—	—
Contingent consideration	—	43	—	—
Total liabilities	35	152	—	—
Commitments and contingencies (Note 12)	—	—	—	—
Common stock, $0.000001 par value; 1,000,000 shares authorized; 32,594 issued and 31,376 outstanding as of December 31, 2025 and 16,387 shares issued and outstanding as of December 31, 2024	—	—	—	—
Additional paid-in capital	963	765	—	—
Treasury shares, 1,218 and 0 shares as of December 31, 2025 and 2024, respectively	−21	—	—	—
Accumulated other comprehensive income (loss)	8	−10	—	—
Accumulated deficit	−211	−206	—	—
Total stockholders equity	739	549	595	—
Total liabilities and stockholders equity	774	701	—	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31
Stock-based compensation	20	716,000
Non-cash gain on IPO transactions	−5	—
Note issuance for legal settlement	750,000	—
Provision for credit losses	18,000	−42,000
Non-cash interest	1	1
Non-cash charge for Libertas warrants	1	—
Non-cash investor note interest	7	—
Change in investor notes at fair value	186,000	353,000
Non-cash (gain) loss on debt extinguishment	−16	11
Depreciation and amortization	12	13
Amortization of right-of-use lease assets	581,000	352,000
Change in fair value of contingent consideration	−20	−2
Change in fair value of warranty liability	−2	—
Change in deferred taxes	279,000	−654,000
Accounts receivable	−2	−8
Related party receivables	398,000	−346,000
Prepaid expenses and other assets	−4	−2
Inventory	−2	−6
Accounts payable, accrued expenses and other long-term liabilities	−19	13
Related party payables	7	1
Lease liabilities	−552,000	−359,000
Deferred revenue	−7	−76,000
Deferred compensation	−638,000	2
Net cash (used in) provided by operating activities	−32	21
Purchase of property and equipment and investment in intangible assets	−3	−789,000
Net cash used in investing activities	−3	−789,000
Proceeds from sale of common stock, net	141	—
Repurchase of common stock	−19	—
Change in lines of credit	−127,000	−621,000
Proceeds from borrowings	9	7
Repayments on borrowings	−25	−2
Proceeds from related party borrowings	231,000	1
Repayments on related party borrowings	−5	−50,000
Debt issuance costs paid	−170,000	−475,000
Proceeds from the exercise of warrants	3,000	—
Taxes paid related to net share settlements of common stock	−1	—
Payment of contingent consideration	−9	—
Cash paid to seller	−3	−16
Net cash provided by (used in) financing activities	86	−11
Effect of exchange rate changes	3	−2
Net increase in cash and restricted cash	54	8
Deferred compensation settled in common stock	5	—
Reclass between accrued expenses and notes payable	622,000	—
Reclass between accrued expenses and contingent consideration	5	—
Financing of insurance premiums	1	268,000
Purchases of property and equipment included in accounts payable	305,000	—
Return of property and cancellation of corresponding accounts payable	—	3
Right-of-use assets obtained in exchange for operating lease liabilities	3	381,000
Initial recognition of warrant liability	3	—
Reclass of warrants to equity	1	—
Debt settled in common stock	9	—
Contingent consideration settled in common stock	14	—
Issuance of Underwriter Warrants	2	—
Conversion of accounts payable to debt	—	357,000
Extinguishment of the carrying value of principal and interest	—	1

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro