Company research
AIRWA INC.
CIK 1674440Updated Oct 15, 2026
SecurityYYAI · NASDAQ · equity
Historical securities (1)
CNXA · NASDAQ · equity · closed Apr 12, 2024Name history
Connexa Sports Technologies Inc. · through Oct 6, 2025Slinger Bag Inc. · through May 2, 2022LAZEX INC. · through Sep 19, 2019
YYAI price & chart
Loading TradingView…
NASDAQ:YYAI on TradingView ↗In the news
AiRWA Inc. Announces Completion of Acquisition of Best Life ↗
Recent filings
Financial Statements and Exhibits
Items 9.01
10-Q filing
10-K filing
NT 10-Q filing
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Items 3.01, 7.01, 9.01
Show 5 more recent filings
Financials
FY 2026 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 199,882,840Source | 30,714,408Source | 21,745,510Source | 172,131,241Source | 21,583,761Source | 5,463,609Source | 34,738,166Source | 23,185,400Source | 210,355,601Source | 32,905,794Source | 21,622,624Source | 7,107,572Source |
| Property, Plant and Equipment, NetUSD | 2,070,964Source | — | — | — | — | — | — | — | 1,297,703Source | — | — | 14,791Source |
| GoodwillUSD | — | — | — | — | — | — | — | — | 58,320,569Source | — | — | — |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 35,711,613Source | 83,710Source | 17,192,733Source | 105,508,149Source | 1,642,969Source | 285,861Source | 52,693Source | 1,711,283Source | 12,780,208Source | 54,744Source | 229,705Source | 202,095Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 16,252,613Source | 12,388,701Source | 336,100Source | 12,188,719Source | 87,256Source | 527,998Source | 18,388,701Source | 258,273Source | 17,997,211Source | 15,388,701Source | 273,874Source | 399,680Source |
| Inventory, NetUSD | — | — | 1,331,011Source | — | 1,166,996Source | 1,668,189Source | — | 1,660,847Source | — | — | 1,609,196Source | 3,189,766Source |
| Assets, CurrentUSD | 61,997,941Source | 19,460,543Source | 19,744,510Source | 163,110,067Source | 19,582,761Source | 3,462,609Source | 24,972,762Source | 21,184,400Source | 59,461,832Source | 22,396,159Source | 19,621,624Source | 4,991,500Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | 244,353Source | — | 185,540Source | 272,949Source | — | 169,731Source | 1,341,413Source | — | 197,871Source | 263,020Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 12,335,491Source | 4,073,761Source | 17,700,184Source | 6,745,376Source | 13,542,980Source | 19,861,252Source | 7,058,612Source | 13,747,072Source | 39,792,046Source | 6,487,171Source | 12,022,810Source | 25,721,333Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 972,180Source | 14,563Source | 20,572Source | 949,066Source | 6,435Source | 2,373Source | 14,563Source | 2,659Source | 52Source | 14,563Source | 1,828Source | 13,544Source |
| Retained Earnings (Accumulated Deficit)USD | -29,308,593Source | 6,919,681Source | -154,607,884Source | -26,944,058Source | -172,973,917Source | -150,835,256Source | 7,005,766Source | -171,607,773Source | -11,437,406Source | 6,123,114Source | -167,387,028Source | -151,750,610Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | 182,902Source | — | 90,584Source | 210,830Source | — | 122,808Source | — | — | 183,541Source | 142,512Source |
| Stockholders' Equity Attributable to ParentUSD | 187,547,349Source | 26,073,030Source | 4,045,326Source | 165,385,865Source | 8,040,781Source | -14,397,643Source | 26,159,115Source | 9,438,328Source | 170,563,555Source | 25,276,463Source | 9,599,814Source | -18,613,761Source |
| Additional Paid in Capital, Common StockUSD | 215,883,762Source | 19,138,786Source | 158,449,736Source | 191,380,857Source | 180,917,679Source | 136,224,410Source | 19,138,786Source | 180,920,634Source | 182,000,909Source | 19,138,786Source | 176,801,473Source | 132,980,793Source |
| Liabilities and EquityUSD | 199,882,840Source | 30,714,408Source | 21,745,510Source | 172,131,241Source | 21,583,761Source | 5,463,609Source | 34,738,166Source | 23,185,400Source | 210,355,601Source | 32,905,794Source | 21,622,624Source | 7,107,572Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 12,335,491Source | 4,073,761Source | 16,455,600Source | 6,745,376Source | 13,542,980Source | 18,462,477Source | 7,058,612Source | 13,747,072Source | 19,249,074Source | 6,487,171Source | 12,022,810Source | 23,767,491Source |
| Accounts Payable, CurrentUSD | 4,002,443Source | 579,190Source | 3,704,235Source | — | 4,597,403Source | 5,113,362Source | — | 4,932,295Source | 4,992,442Source | — | 4,704,596Source | 5,496,629Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 20,542,972Source | — | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | 567,617Source | — | — | — | — | 1,520,439Source | — | — | 1,142,160Source | — | — |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | — | 12,188,719Source | — | — | 18,388,701Source | — | — | 15,388,701Source | — | — |
| Accrued Liabilities, CurrentUSD | 2,995,178Source | — | 3,280,365Source | 2,140,275Source | 4,419,304Source | 5,047,118Source | 2,750,406Source | 4,167,750Source | 3,453,832Source | 2,428,131Source | 3,405,372Source | 4,911,839Source |
| Short-term InvestmentsUSD | 1,304,192Source | 4,210,385Source | — | 1,540,385Source | 16,500,000Source | — | 2,464,615Source | 16,500,000Source | — | 1,382,857Source | 16,500,000Source | — |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -1,615,516Source | 156,408Source | — | — | 1,260,931Source | 2,051,025Source | -17,560,520Source | 4,633,447Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | — | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | — | — | — | 62,500Source | — | 746,511Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 3,000,000Source | 1,606,060Source | 1,600,710Source | 12,115,974Source | -127,448Source | 1,368,643Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | — | 51,651Source | — | — | -1,580,570Source | -4,413,056Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | — | — | 4,992,442Source | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -1,081,209Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -1,083,809Source | -601,294Source | -20,855,471Source | -379,384Source | -3,001,433Source | -6,365,389Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | — | — | -164,122,025Source | — | -16,500,000Source | — |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 1,081,758Source | 606,803Source | 197,702,960Source | 394,781Source | 19,478,993Source | 5,821,187Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -2,051Source | 5,509Source | 12,725,464Source | 15,393Source | 27,610Source | -462,907Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | 113,915Source | — | — | 706,942Source | 482,687Source |
| Additional Financial Items | ||||||||||||
| AmortizationUSD | — | — | — | — | — | — | 744,231Source | — | 8,484,275Source | — | — | — |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | — | — | — | — | — | — | — | — | 1,067,806Source | 4,095,030Source |
| Amortization of Intangible AssetsUSD | — | — | 744,230Source | 744,230Source | — | — | 744,231Source | 744,231Source | 4,505,038Source | 2,976,923Source | 1,000Source | 100,951Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 305,603Source | — | — | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | — | -4Source | — | — | — | 154Source | — | — | 7,635,612Source | 10,950,017Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | -427,818Source | — | — | — |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | — | — | — | — | — | — | — | — | — | -41,413,892Source |
| General and Administrative ExpenseUSD | — | — | 1,957,379Source | 1,998,205Source | 1,751,085Source | 199,482Source | 764,386Source | 88,520Source | 8,714,244Source | 3,261,402Source | 8,271,823Source | 22,743,877Source |
| GoodwillUSD | — | — | — | — | — | — | — | — | 58,320,569Source | — | — | — |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | 0Source | — | 0Source | — | — | 6,781,193Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | — | — | — | — | — | 7,532,712Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | 82,446Source | 373,879Source | 277,251Source | 471,590Source | 249,166Source | 405,293Source | -1,081,209Source | 2,011,773Source | — | — |
| Investment Income, InterestUSD | — | — | 33,001Source | — | 793Source | 16,342Source | 18,714Source | 16,342Source | 72,735Source | 65,367Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | -411,209Source | — | -1,366,144Source | — | -4,220,745Source | -17,560,520Source | 3,491,287Source | -15,636,418Source | -71,153,685Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 567,617Source | -378,279Source | — | 378,279Source | — | — | 1,142,160Source | — | — |
| Nonoperating Income (Expense)USD | — | — | — | -4Source | — | 1,752Source | — | -965,550Source | — | — | -9,193,263Source | -3,319,050Source |
| Operating ExpensesUSD | — | — | 1,957,379Source | 1,998,205Source | 2,201,085Source | 199,482Source | 764,386Source | 88,520Source | 9,460,474Source | 3,261,402Source | 9,836,829Source | 24,737,239Source |
| Operating Lease, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| Payments to Acquire InvestmentsUSD | — | — | — | — | — | — | — | — | 36,000,000Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | 1,618,176Source | 5,774,550Source | — | 17,961,828Source | 8,744,882Source |
| InterestExpenseNonoperating | — | — | — | — | — | —Source | — | —Source | — | — | — | — |
| Other Nonoperating Income (Expense) | — | — | —Source | — | —Source | —Source | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 6,973,064Source | 3,272,727Source | 3,000,000Source | 3,272,727Source | 3,000,000Source | 3,272,727Source | 25,807,289Source | 12,818,182Source | 8,398,049Source | 9,922,799Source |
| Cost of RevenueUSD | — | — | 6,581,756Source | 744,231Source | 744,231Source | 744,231Source | 744,231Source | 744,231Source | 22,469,620Source | 2,976,923Source | 5,004,375Source | 7,144,335Source |
| Operating Income (Loss)USD | — | — | -1,566,071Source | 530,291Source | 54,684Source | 2,329,014Source | 1,491,383Source | 2,439,976Source | -6,122,805Source | 6,579,857Source | -6,443,155Source | -21,958,775Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | — | — | -1,366,144Source | — | — | -18,641,729Source | 6,645,220Source | -15,636,418Source | -25,277,825Source |
| Income Tax Expense (Benefit)USD | — | — | 82,446Source | 373,879Source | 277,251Source | 471,590Source | 249,166Source | 405,293Source | -1,081,209Source | 2,011,773Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 567,617Source | -378,279Source | — | 378,279Source | — | — | 1,142,160Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | -411,209Source | — | -1,366,144Source | — | -4,220,745Source | -17,560,520Source | 3,491,287Source | -15,636,418Source | -71,153,685Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.05Source | -1.41Source | -0.05Source | 6.43Source | 3,464.1Source | 0.18Source | -752.73Source | 0.36Source | -32.44Source | -6.36Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.05Source | -1.41Source | -0.05Source | 6.43Source | 3,464.1Source | -1.91Source | -752.73Source | — | -32.44Source | -6.36Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 32,723,170Source | 291,260Source | 4,163,758Source | 291,260Source | 364Source | 11,610,817Source | 23,329Source | 12,896,848Source | 482,005Source | 11,195,345Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 32,723,170Source | 291,260Source | 4,163,758Source | 291,260Source | 364Source | 11,610,817Source | 23,329Source | 12,896,848Source | 482,005Source | 11,195,345Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 744,230Source | 744,230Source | — | — | 744,231Source | 744,231Source | 4,505,038Source | 2,976,923Source | 1,000Source | 100,951Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | 744,231Source | 744,231Source | — | 2,976,923Source | 115,072Source | 11,555,332Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | -427,818Source | — | — | — |
| General and Administrative ExpenseUSD | — | — | 1,957,379Source | 1,998,205Source | 1,751,085Source | 199,482Source | 764,386Source | 88,520Source | 8,714,244Source | 3,261,402Source | 8,271,823Source | 22,743,877Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | 0Source | — | 0Source | — | — | 6,781,193Source |
| Gross ProfitUSD | — | — | 391,308Source | 2,528,496Source | 2,255,769Source | 2,528,496Source | 2,255,769Source | 2,528,496Source | 3,337,669Source | 9,841,259Source | 3,393,674Source | 2,778,464Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -7,182,814Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | — | — | — | — | — | — | — | — | -32.44Source | -2.26Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | — | — | — | — | — | — | — | — | -32.44Source | -2.26Source |
| Investment Income, InterestUSD | — | — | 33,001Source | — | 793Source | 16,342Source | 18,714Source | 16,342Source | 72,735Source | 65,367Source | — | — |
| Nonoperating Income (Expense)USD | — | — | — | -4Source | — | 1,752Source | — | -965,550Source | — | — | -9,193,263Source | -3,319,050Source |
| Operating ExpensesUSD | — | — | 1,957,379Source | 1,998,205Source | 2,201,085Source | 199,482Source | 764,386Source | 88,520Source | 9,460,474Source | 3,261,402Source | 9,836,829Source | 24,737,239Source |
| Research and Development ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 65,164Source |
| Selling and Marketing ExpenseUSD | — | — | — | — | 450,000Source | 134,062Source | — | 146,137Source | 746,230Source | — | 1,565,006Source | 1,928,198Source |
| Other Nonoperating Income (Expense) | — | — | —Source | — | —Source | —Source | — | — | — | — | — | — |
| Interest Expense (non-operating) | — | — | — | — | — | —Source | — | —Source | — | — | — | — |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | —Source | — | — | — | — | — |
Filing attachments
ex99-1.htm · 8-K/A · 2026-10-14
Exhibit 99.1 AUDITED FINANCIAL STATEMENTS OF HONGKONG BEST LIFE TRADE CO., LIMITED, AS OF AND FOR THE YEARS ENDED APRIL 30, 2026 AND 2025 Consolidated Financial Statements for the Years Ended April 30, 2026 and 2025 ───────────────────────────────────────────────────────────────────────────────────────────── Report of Independent Registered Public Accounting Firm F-1 Financial Statements: Balance Sheets …
Read attachment ↗ex99-2.htm · 8-K/A · 2026-10-14
Exhibit 99.2 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION On July 27, 2026, AiRWA Inc. (the “Company” or “AiRWA”) entered into a share purchase agreement (the “Share Purchase Agreement”) with Nova Innovation Tech Ltd, a BVI company (the “Seller”), to acquire all the share capital of Oceancrest Investment Holdings Limited, a BVI holding company (the “Holding Company”), which owns 97% of Hongkong Best Life Trade Co., Limited (“Best Life”), a Hong Kong operating company. The base …
Read attachment ↗ex99-1.htm · 8-K · 2026-08-28
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 AiRWA receives expected notification of deficiency from Nasdaq related to delayed filing of annual report on Form 10-K Smyrna, Delaware - August 28, 2026 (GLOBE NEWSWIRE) - AiRWA Inc. (NASDAQ: YYAI) (the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on August 24, 2026 (the “Notice”). The Notice indicated that the Company was not …
Read attachment ↗ex99-1.htm · 8-K · 2026-08-19
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 AiRWA Inc. Announces 1-for-20 Reverse Split Smyrna, Delaware - August 13, 2026 (GLOBE NEWSWIRE) - AiRWA Inc. (Nasdaq: YYAI) (the “Company”) announces that, as previously approved by the stockholders of the Company, it will implement a 1-for-20 reverse stock split of its outstanding shares of common stock (the “Reverse Split”), effective at the opening of trading on August 17, 2026. On April 17, 2026, in the 2026 annual meeting of stockholders, the…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-30
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 AiRWA Inc. Announces Completion of Acquisition of Best Life Smyrna, Delaware - July 30, 2026 (GLOBE NEWSWIRE) - AiRWA Inc. (Nasdaq: YYAI) (“AiRWA” or the “Company”) today announced that it has completed its previously announced acquisition of Hong Kong Best Life Trade Co., Limited (“Best Life”), a rapidly expanding import-export company with operations across multiple international markets. On July 30, 2026, AiRWA completed the closing of the tran…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-27
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 AiRWA Inc. Announces Acquisition of Best Life, an Expanding Import-Export Company, to Complement Its AI Data Training Business Smyrna, Delaware - July 27, 2026 (GLOBE NEWSWIRE) - AiRWA Inc. (Nasdaq: YYAI) (“AiRWA” or the “Company”) today announced that it has entered into a definitive agreement to acquire Hongkong Best Life Trade Co., Limited (“Best Life”), a rapidly expanding import-export company with operations across multiple international mark…
Read attachment ↗