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 Statement of Operations and Comprehensive Loss
| CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) | ||
|---|---|---|
| For the years ended December 31, 2025 and 2024 | ||
| Year Ended | Year Ended | |
| December 31, 2025 | December 31, 2024 | |
| NET REVENUES: | ||
| Product | $10,135,562 | $18,716,196 |
| Post contract support | 5,099,756 | 4,334,017 |
| Other services | 86,031 | - |
| 15,321,349 | 23,050,213 | |
| COST OF NET REVENUES: | ||
| Cost of Sales | 6,178,868 | 10,843,766 |
| Post contract support | 1,372,604 | 1,679,692 |
| Other services | 72,111 | - |
| 7,623,583 | 12,523,458 | |
| GROSS PROFIT | 7,697,766 | 10,526,755 |
| RESEARCH AND DEVELOPMENT EXPENSES | 3,076,466 | 2,804,894 |
| SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 11,837,086 | 11,226,974 |
| TOTAL OPERATING EXPENSES | 14,913,552 | 14,031,868 |
| OPERATING LOSS | (7,215,786) | (3,505,113) |
| OTHER INCOME (EXPENSE) : | ||
| Gain (loss) from change in fair value of earnout liability | 15,401,751 | (18,171,380) |
| Gain (loss) from change in fair value of warrant liability | 20,852,612 | (33,512,633) |
| Loss from change in fair value of convertible debt | - | (141,636) |
| Loss on note conversion | - | (1,144,676) |
| Interest income (expense), net | 282,786 | (1,003,096) |
| Other income | - | 13,644 |
| Total other income (expense), net | 36,537,149 | (53,959,777) |
| INCOME (LOSS) BEFORE PROVISON FOR INCOME TAXES | 29,321,363 | (57,464,890) |
| Provision for income taxes | - | - |
| NET INCOME (LOSS) | 29,321,363 | (57,464,890) |
| OTHER COMPREHENSIVE INCOME (LOSS) | ||
| Foreign currency (loss) income, net | (7,409) | 9,338 |
| TOTAL COMPREHENSIVE INCOME (LOSS) | $29,313,954 | $(57,455,552) |
| NET INCOME (LOSS) PER SHARE: | ||
| Basic | $0.90 | $(2.34) |
| Diluted | $0.76 | $(2.34) |
| Weighted average shares of common stock outstanding | ||
| Basic | 32,413,133 | 24,585,955 |
| Diluted | 38,681,401 | 24,585,955 |
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.