XTI Aerospace Inc — Financial Statements (NASDAQ:XTIA)

Financials

Total revenue 9.3 M15.99 M19.42 M9.29 M3.2 M 4.6 M Gross profit 6.68 M11.62 M13.93 M3.1 M1.89 M 2.46 M Operating expenses 30.48 M84.24 M70.63 M30.03 M38.87 M 48.76 M Selling/general/admin expenses 20.59 M49.61 M34.93 M17.61 M25.25 M 34.37 M Research & development 6.5 M14.1 M17.66 M4.4 M4 M 6.8 M Operating income 23.79 M72.62 M56.7 M26.93 M36.98 M 46.3 M Non-Operating Income, Total 5.48 M1.07 M9.67 M7.4 M1.39 M 7.69 M Interest expense, net of interest capitalized 2.59 M224 K489 K32 K1.15 M 812 K Non-Operating Income, excl. Interest Expenses 2.41 M678 K8.49 M6.67 M226 K 6.55 M Unusual income/expense 470 K173 K692 K694 K21 K 327 K Pretax income 29.27 M71.54 M66.37 M34.33 M35.59 M 61.04 M Equity in earnings ——1.78 M-666 K2.6 M — Taxes 56 K1.41 M65 K24 K16 K 25 K Non-controlling/minority interest 15 K975 K2.91 M1.15 M— — After tax other income/expense ————359 K 347 K Net income before discontinued operations 29.23 M69.16 M63.39 M33.2 M35.6 M 61.03 M Discontinued operations ———12.75 M— — Net income 29.23 M69.16 M63.39 M45.95 M35.6 M 61.03 M Dilution adjustment —16.32 M36.45 M-47 K2.76 M 841 K Preferred dividends —8.16 M20.27 M01.38 M 444 K Diluted net income available to common stockholders 29.23 M77.32 M79.57 M45.9 M36.98 M 61.43 M Basic earnings per share (Basic EPS) —-18 K-853 K-19.11 K-162.78 249.32 Diluted earnings per share (Diluted EPS) —-18 K-853 K-19.11 K-162.78 249.32 Average basic shares outstanding —4 319.2693.282 404.84227.19 K 32.8 M Diluted shares outstanding —4 319.2693.282 404.84227.19 K 32.8 M EBITDA -18.07 M-66.17 M-49.23 M-19.55 M-36.87 M -45.43 M EBIT -23.79 M-72.62 M-56.7 M-22.2 M-36.98 M -46.3 M Cost of revenue 2.61 M4.37 M5.49 M1.46 M1.31 M 2.14 M Other cost of goods sold 138 K300 K10 K—200 K — Depreciation & amortization (cash flow) 5.72 M6.44 M7.47 M2.65 M113 K 870 K