XTI Aerospace, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by XTI Aerospace, Inc. on January 14, 2026. The filing serves to provide unaudited condensed consolidated financial statements for Drone Nerds, Inc. (formerly Drone Nerds, LLC) and unaudited pro forma condensed combined financial information for XTI Aerospace, Inc. following the acquisition of 100% of the equity interests of DroneNerds, LLC and Anzu Robotics, LLC. These acquisitions were completed on November 10, 2025, by XTI Drones Holdings, LLC, a subsidiary of the Company.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references the following documents filed as exhibits which contain the detailed financial data:
- Exhibit 99.1: Unaudited condensed consolidated financial statements of Drone Nerds, Inc. as of September 30, 2025, and for the nine months ended September 30, 2025 and 2024.
- Exhibit 99.2: Unaudited pro forma condensed combined financial information of XTI Aerospace, Inc. (including balance sheet as of September 30, 2025, and statement of operations for the nine months ended September 30, 2025).
Material Changes
The primary material change disclosed is the completion of the Acquisitions of DroneNerds, LLC and Anzu Robotics, LLC. Prior to these transactions, Drone Nerds, LLC was known as Drone Nerds, Inc., a Florida corporation, which was converted into a Florida limited liability company as part of a reorganization for tax purposes. The filing states that, except for the inclusion of the Updated Financial Information, the disclosures made in the Prior 8-K (filed November 12, 2025) remain unchanged.
Guidance, Outlook, and Risks
The filing does not contain specific management commentary, forward-looking guidance, or a detailed discussion of risks and contingencies within the text provided. It notes that the financial information should be read in conjunction with the Prior 8-K and other SEC filings for a complete description of the Acquisitions. The purpose of this filing is to make the Updated Financial Information available for incorporation into any registration statements or amendments thereto.
Key Facts for Investor Verification
- Verify the specific financial impact of the DroneNerds and Anzu Robotics acquisitions by reviewing the unaudited pro forma financial statements in Exhibit 99.2.
- Review the unaudited condensed consolidated financial statements of Drone Nerds, Inc. in Exhibit 99.1 for historical performance data for the nine months ended September 30, 2025 and 2024.
- Confirm the details of the tax reorganization involving the conversion of Drone Nerds, Inc. to a limited liability company as described in the Explanatory Note.
- Check the Prior 8-K filed on November 12, 2025, for additional context on the acquisition terms and initial disclosures.