Airship AI Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 28, 2025
AISP$1.69-2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Changes in Stockholders' Deficit
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT
| Common Stock · AdditionalPaid in · Accumulated · Other Comprehensive(Loss) · TotalStockholders' | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Gain | Deficit | |
| $ | ||||||
| Balance as of January 1, 2023 | 13,387,344 | $1,339 | $1,964,669 | $(10,314,313) | $(10,106) | $(8,358,411) |
| Stock-based compensation- stock option grants | - | - | 715,727 | - | - | 715,727 |
| Stock-based compensation- warrants | - | - | 2,136,115 | - | - | 2,136,115 |
| Reverse recapitalization on December 21, 2023 | 9,424,704 | 942 | (4,816,511) | (23,533,521) | - | (28,349,090) |
| Foreign currency translation loss | - | - | - | - | (2,702) | (2,702) |
| Net income | - | - | - | 16,371,134 | - | 16,371,134 |
| Balance as of December 31, 2023 | 22,812,048 | 2,281 | - | (17,476,700) | (12,808) | (17,487,227) |
| Balance as of January 1, 2024 | 22,812,048 | 2,281 | - | (17,476,700) | (12,808) | (17,487,227) |
| Stock-based compensation | - | - | 1,078,344 | - | - | 1,078,344 |
| Stock based compensation- warrants | - | - | 284,478 | - | - | 284,478 |
| Issuance of common stock for services | 65,000 | 5 | 198,495 | - | - | 198,500 |
| Issuance of common stock for conversion of debt | 1,134,452 | 112 | 4,114,719 | - | - | 4,114,831 |
| Issuance of common stock for exercise of warrants, net | 3,046,452 | 305 | 7,704,235 | - | - | 7,704,540 |
| Issuance of common stock for stock options exercise | 415,218 | 42 | 240,465 | - | - | 240,507 |
| Issuance of common stock for debt interest payment | 232,360 | 23 | 1,008,419 | - | - | 1,008,442 |
| Issuance of common stock and warrants for offering, net | 2,882,883 | 288 | 7,289,712 | - | - | 7,290,000 |
| Foreign currency translation gain | - | - | - | - | 9,338 | 9,338 |
| Net loss | - | - | - | (57,464,890) | - | (57,464,890) |
| Balance as of December 31, 2024 | 30,588,413 | $3,056 | $21,918,867 | $(74,941,590) | $(3,470) | $(53,023,137) |
(1) The shares of the Company's common stock, prior to the Merger, have been retroactively restated as shares reflecting the exchange ratio of approximately 1.7581 established in the Merger described in Note 1.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.