Airship AI Holdings, Inc.
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
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FY2025 · Filed Feb 17, 2026
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 Balance Sheets
| CONSOLIDATED BALANCE SHEETS | ||
|---|---|---|
| As of December 31, 2025 and 2024 | ||
| December 31, 2025 | December 31, 2024 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $11,750,021 | $11,414,830 |
| Accounts receivable, net of allowance for credit losses of $0 | 6,462,675 | 1,226,757 |
| Prepaid expenses and other | 294,191 | 17,883 |
| Total current assets | 18,506,887 | 12,659,470 |
| OTHER ASSETS | ||
| Other assets | 160,528 | 165,960 |
| Operating lease right of use asset | 807,915 | 882,024 |
| TOTAL ASSETS | $19,475,330 | $13,707,454 |
| LIABILITIES AND STOCKHOLDERS' DEFICIT | ||
| CURRENT LIABILITIES: | ||
| Accounts payable - trade | $1,149,811 | $759,480 |
| Advances from founders | - | 1,300,000 |
| Accrued expenses | 27,966 | 51,649 |
| Current portion of operating lease liability | 438,635 | 305,178 |
| Deferred revenue- current portion | 4,668,105 | 3,238,483 |
| Total current liabilities | 6,284,517 | 5,654,790 |
| NON-CURRENT LIABILITIES: | ||
| Operating lease liability, net of current portion | 425,109 | 638,525 |
| Warrant liability | 13,328,006 | 34,180,618 |
| Earnout liability | 2,620,933 | 23,304,808 |
| Deferred revenue- non-current | 3,966,407 | 2,951,850 |
| Total liabilities | 26,624,972 | 66,730,591 |
| COMMITMENTS AND CONTINGENCIES (Note 9) | ||
| STOCKHOLDERS' DEFICIT: | ||
| Preferred stock - no par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2025 and 2024 | - | - |
| Common stock - $0.0001 par value, 200,000,000 shares authorized, 34,368,162 and 30,588,413 shares issued and outstanding as of December 31, 2025 and 2024 | 3,434 | 3,056 |
| Additional paid in capital | 38,478,030 | 21,918,867 |
| Accumulated deficit | (45,620,227) | (74,941,590) |
| Accumulated other comprehensive loss | (10,879) | (3,470) |
| Total stockholders' deficit | (7,149,642) | (53,023,137) |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $19,475,330 | $13,707,454 |
AIRSHIP AI HOLDINGS, INC.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.