Security
Air Industries Group · AIRI
AIRINYSE_AMERICANCommon stockCurrentCIK 1009891Updated Nov 13, 2026
Name history
AIR INDUSTRIES GROUP, INC. · through Sep 17, 2013Gales Industries Inc · through Jun 29, 2007Ashlin Development Corp · through Apr 3, 2006HEALTH & NUTRITION SYSTEMS INTERNATIONAL INC · through Jan 14, 2005
AIRI price & chart
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AMEX:AIRI on TradingView ↗About the company
Air Industries Group (NYSE American: AIRI) is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors and original equipment manufacturers. The Company is a Tier 1 supplier to aircraft Original Equipment Manufacturers, and a Prime Contractor to the U.S. Department of Defense, and is highly regarded for its expertise in designing and manufacturing parts and assemblies vital for flight safety and performance.
In the news
Recent filings
Other Events
Items 8.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure
Items 3.03, 5.03, 7.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Shareholder Director Nominations
Items 5.08, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 57,951,000Source | 50,365,000Source | 59,216,000Source | 50,377,000Source | — | 59,216,000Source | 48,388,000Source | 50,262,000Source | 58,329,000Source | 51,011,000Source | 50,715,000Source | 53,814,000Source |
| Property, Plant and Equipment, NetUSD | 9,882,000Source | 8,521,000Source | 8,559,000Source | 9,735,000Source | — | 9,215,000Source | 9,446,000Source | 8,031,000Source | 9,501,000Source | 8,809,000Source | 8,048,000Source | 8,593,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 186,000Source | — | — | — | — | — | 225,000Source | — | — | 346,000Source | 281,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | 7,259,000Source | — | 6,975,000Source | — | — | 6,783,000Source | — | 7,071,000Source | 8,900,000Source | 7,892,000Source | 9,483,000Source |
| Inventory, NetUSD | 34,427,000Source | 30,509,000Source | 36,699,000Source | 30,187,000Source | — | 35,282,000Source | 28,935,000Source | 29,359,000Source | 34,261,000Source | 28,811,000Source | 29,851,000Source | 31,821,000Source |
| Assets, CurrentUSD | 45,813,000Source | 38,619,000Source | 49,036,000Source | 38,133,000Source | — | 48,200,000Source | 36,427,000Source | 38,297,000Source | 46,784,000Source | 39,187,000Source | 38,719,000Source | 42,216,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 509,000Source | 314,000Source | 454,000Source | 388,000Source | — | 1,140,000Source | 366,000Source | 345,000Source | 766,000Source | 371,000Source | 297,000Source | 307,000Source |
| Operating Lease, Right-of-Use AssetUSD | 676,000Source | 1,366,000Source | 173,000Source | 833,000Source | — | 346,000Source | 1,008,000Source | 1,704,000Source | 514,000Source | 1,190,000Source | 1,866,000Source | 2,473,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 39,108,000Source | 35,685,000Source | 41,114,000Source | 35,111,000Source | — | 40,071,000Source | 33,099,000Source | 35,716,000Source | 39,128,000Source | 36,063,000Source | 35,525,000Source | 36,975,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 5,000Source | 3,000Source | 5,000Source | 4,000Source | — | 5,000Source | 4,000Source | 3,000Source | 5,000Source | 3,000Source | 3,000Source | 3,000Source |
| Additional Paid in CapitalUSD | 89,399,000Source | 83,230,000Source | 90,375,000Source | 85,779,000Source | — | 90,572,000Source | 85,380,000Source | 82,990,000Source | 89,608,000Source | 84,052,000Source | 82,928,000Source | 82,446,000Source |
| Retained Earnings (Accumulated Deficit)USD | -70,561,000Source | -68,553,000Source | -72,278,000Source | -70,517,000Source | — | -71,432,000Source | -70,095,000Source | -68,447,000Source | -70,412,000Source | -69,107,000Source | -67,741,000Source | -65,610,000Source |
| Stockholders' Equity Attributable to ParentUSD | 18,843,000Source | 14,680,000Source | 18,102,000Source | 15,266,000Source | 14,894,000Source | 19,145,000Source | 15,289,000Source | 14,546,000Source | 19,201,000Source | 14,948,000Source | 15,190,000Source | 16,839,000Source |
| Liabilities and EquityUSD | 57,951,000Source | 50,365,000Source | 59,216,000Source | 50,377,000Source | — | 59,216,000Source | 48,388,000Source | 50,262,000Source | 58,329,000Source | 51,011,000Source | 50,715,000Source | 53,814,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 37,561,000Source | 26,812,000Source | 39,693,000Source | 28,367,000Source | — | 38,611,000Source | 26,051,000Source | 26,687,000Source | 37,616,000Source | 27,411,000Source | 26,602,000Source | 23,616,000Source |
| Operating Lease, Liability, CurrentUSD | 925,000Source | 890,000Source | 239,000Source | 896,000Source | — | 473,000Source | 871,000Source | 907,000Source | 702,000Source | 881,000Source | 880,000Source | — |
| Operating Lease, Liability, NoncurrentUSD | — | 925,000Source | — | 239,000Source | — | — | 473,000Source | 1,345,000Source | — | 702,000Source | 1,582,000Source | 2,463,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 969,000Source | 1,125,000Source | 1,528,000Source | — |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | — | — | — | —Source | —Source | —Source | — |
| Long-term Debt, Current MaturitiesUSD | 22,227,000Source | 17,066,000Source | 24,217,000Source | 18,727,000Source | — | 25,102,000Source | 18,096,000Source | 16,309,000Source | 23,721,000Source | 18,362,000Source | 16,036,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,547,000Source | 1,748,000Source | 1,421,000Source | 1,624,000Source | — | 1,460,000Source | 1,685,000Source | 1,465,000Source | 1,512,000Source | 1,759,000Source | 1,112,000Source | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | — | 580,000Source | — | 2,072,000Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 964,000Source | 474,000Source | 1,047,000Source | 797,000Source | 482,000Source | 310,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 579,000Source | -2,097,000Source | -1,761,000Source | 1,060,000Source | -1,528,000Source | -1,303,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 1,021,000Source | 124,000Source | 5,450,000Source | -1,040,000Source | -1,970,000Source | 2,289,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -1,298,000Source | 1,525,000Source | -1,352,000Source | 324,000Source | 4,862,000Source | 448,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -425,000Source | -1,217,000Source | -3,122,000Source | -2,285,000Source | -2,112,000Source | -2,361,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 425,000Source | 1,217,000Source | 3,322,000Source | 2,301,000Source | 2,119,000Source | 2,361,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | — | — | 127,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 1,329,000Source | -776,000Source | 8,331,000Source | 2,368,000Source | -2,685,000Source | 1,567,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | — | — | — | — | — | -346,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 4,056,000Source | 186,000Source | 4,624,000Source | 507,000Source | 4,216,000Source | 285,000Source | 4,610,000Source | 753,000Source | 346,000Source | 281,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | — | — | 1,913,000Source | — |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 508,000Source | 432,000Source | 1,829,000Source | 1,849,000Source | 6,100Source | 6,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | 4,000Source | — | 18,000Source | — | — | — | 183,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | 17,000Source | 17,000Source | — | — | — | 17,000Source | 69,000Source | 68,000Source | 68,000Source | 65,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | — | — | — | — | — | — | — | — | — | 359,000Source |
| DepreciationUSD | — | — | 627,000Source | 511,000Source | 715,000Source | 607,000Source | 711,000Source | 580,000Source | 2,499,000Source | — | 2,268,000Source | 2,522,000Source |
| Financing Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 851,000Source |
| Gain (Loss) on Sale of PropertiesUSD | — | — | — | — | — | — | — | — | — | — | 38,000Source | 38,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | -580,000Source | 68,000Source | 15,000Source | -14,000Source | — |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | — | 163,000Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | 18,000Source | — | — | — | -131,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -44,000Source | -404,000Source | -846,000Source | -422,000Source | -1,020,000Source | -988,000Source | -1,305,000Source | -1,366,000Source | -2,131,000Source | -1,076,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | — | — | — | — | — | — | — | -1,076,000Source |
| Nonoperating Income (Expense)USD | — | — | 106,000Source | 11,000Source | 38,000Source | 16,000Source | 38,000Source | 202,000Source | 743,000Source | 68,000Source | — | 139,000Source |
| Operating ExpensesUSD | — | — | 1,979,000Source | 1,874,000Source | 2,849,000Source | 2,020,000Source | 3,167,000Source | 2,780,000Source | 8,525,000Source | 8,473,000Source | 7,723,000Source | 7,646,000Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | 84,000Source | — |
| Other Operating Income (Expense), NetUSD | — | — | — | — | — | — | — | — | 52,000Source | 67,000Source | — | — |
| Payments of Financing CostsUSD | — | — | — | — | — | — | — | — | — | — | 25,000Source | 20,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | 855,000Source | 4,638,000Source | 327,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 10,309,000Source | 12,555,000Source | 11,995,000Source | 12,659,000Source | 11,606,000Source | 12,135,000Source | 47,921,000Source | 55,108,000Source | — | — |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | — | — | — | — | — | — | — | — | — | — | 482,000Source | 310,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 10,309,000Source | 12,555,000Source | 11,995,000Source | 12,659,000Source | 11,606,000Source | 12,135,000Source | 47,921,000Source | 55,108,000Source | 51,516,000Source | 53,238,000Source |
| Cost of RevenueUSD | — | — | 8,014,000Source | 10,614,000Source | 9,512,000Source | 10,631,000Source | 9,004,000Source | 10,101,000Source | 39,734,000Source | 46,176,000Source | 44,088,000Source | 45,786,000Source |
| Operating Income (Loss)USD | — | — | 316,000Source | 67,000Source | -366,000Source | 8,000Source | -565,000Source | -746,000Source | -338,000Source | 459,000Source | -295,000Source | -194,000Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | 84,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -44,000Source | -404,000Source | -828,000Source | -422,000Source | -1,020,000Source | -988,000Source | -1,436,000Source | -1,366,000Source | -2,131,000Source | -1,076,000Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | 18,000Source | — | — | — | -131,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -44,000Source | -404,000Source | -846,000Source | -422,000Source | -1,020,000Source | -988,000Source | -1,305,000Source | -1,366,000Source | -2,131,000Source | -1,076,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.01Source | -0.12Source | -0.18Source | -0.11Source | -0.21Source | -0.27Source | -0.31Source | -0.41Source | -0.65Source | -0.33Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.01Source | -0.12Source | -0.18Source | -0.11Source | -0.21Source | -0.27Source | -0.31Source | -0.41Source | -0.65Source | -0.33Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 4,146,724Source | 3,338,705Source | 4,809,394Source | 3,731,335Source | 4,781,003Source | 3,639,337Source | 4,216,918Source | 3,336,464Source | 3,278,513Source | 3,227,116Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 4,146,724Source | 3,338,705Source | 4,809,394Source | 3,731,335Source | 4,781,003Source | 3,639,337Source | 4,216,918Source | 3,336,464Source | 3,278,513Source | 3,227,116Source |
| Additional Financial Items | ||||||||||||
| Cost of Property Repairs and MaintenanceUSD | — | — | — | — | — | — | — | — | 10,000Source | 10,000Source | 10,000Source | 10,000Source |
| Costs and ExpensesUSD | — | — | — | — | — | — | — | — | — | — | — | 162,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | — | 580,000Source | — | 2,072,000Source | — | — |
| Financing Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 851,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | — | 163,000Source |
| Gross ProfitUSD | — | — | 2,295,000Source | 1,941,000Source | 2,483,000Source | 2,028,000Source | 2,602,000Source | 2,034,000Source | 8,187,000Source | 8,932,000Source | 7,428,000Source | 7,452,000Source |
| Interest ExpenseUSD | — | — | 380,000Source | 364,000Source | 414,000Source | 360,000Source | 407,000Source | 345,000Source | 1,485,000Source | 1,421,000Source | 1,448,000Source | 487,000Source |
| Interest Expense, DebtUSD | — | — | — | — | — | — | — | — | — | 472,000Source | 1,391,000Source | 780,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | — | — | — | — | — | — | — | -1,076,000Source |
| Nonoperating Income (Expense)USD | — | — | 106,000Source | 11,000Source | 38,000Source | 16,000Source | 38,000Source | 202,000Source | 743,000Source | 68,000Source | — | 139,000Source |
| Operating ExpensesUSD | — | — | 1,979,000Source | 1,874,000Source | 2,849,000Source | 2,020,000Source | 3,167,000Source | 2,780,000Source | 8,525,000Source | 8,473,000Source | 7,723,000Source | 7,646,000Source |
| Other Operating Income (Expense), NetUSD | — | — | — | — | — | — | — | — | 52,000Source | 67,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 10,309,000Source | 12,555,000Source | 11,995,000Source | 12,659,000Source | 11,606,000Source | 12,135,000Source | 47,921,000Source | 55,108,000Source | — | — |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | — | — | — | — | — | — | — | — | — | — | 482,000Source | 310,000Source |
Offerings
Registration 333-297628
Filing attachments
ea031176301ex99-1.htm · 8-K · 2026-11-12
Exhibit 99.1 TENAX AEROSPACE ACQUISITION, LLC November 7, 2026 Air Industries Group 1460 Fifth Avenue Bay Shore, New York 11706 Attention: Scott Glassman, Acting Chief Executive Officer and President Copy to: Ellenoff Grossman & Schole LLP 1345 Avenue of the Americas New York, New York 10105 Attention: Vincent J. McGill; Charles Goodwin Re: Amended and Restated Agreement and Plan of Merger, dated as of July 2, 2026, as amended (the “Merger Agreement”), among Tenax Aerospace Acquisiti…
Read attachment ↗ea031173001ex99-1.htm · 8-K · 2026-11-10
Exhibit 99.1 November 10, 2026, 4:30 PM Eastern: Air Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes Bay Shore, N.Y.--(BUSINESS WIRE) --Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has signed amendments extending the maturity dates of the Credit Ag…
Read attachment ↗ea031170701ex99-1.htm · 8-K · 2026-11-10
Exhibit 99.1 November 10, 2026 Eastern Standard Time Air Industries Group Announces 1-for-5 Reverse Stock Split Bay Shore, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced a reverse stock split of its issued and outstanding common stock, par value $0.001 per share, at a rati…
Read attachment ↗ea031139001ex99-1_airindus.htm · 8-K · 2026-11-09
Exhibit 99.1 Nov 9, 2026 7:00 AM Eastern Standard Time Air Industries Group Announces Significantly Improved Financial Results for the Three and Nine Months Ended September 30, 2026 Third Quarter Net Income of 19¢ Per Share Nine-Month Net Income (adjusted for merger expenses and stock compensation) of 35¢ Per Share BAY SHORE, N.Y.--(BUSINESS WIRE) --Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospac…
Read attachment ↗ea030019601ex99-1.htm · 8-K · 2026-08-03
EX-99.1 3 ea030019601ex99-1.htm PRESS RELEASE OF AIR INDUSTRIES GROUP DATED AUGUST 3, 2026 Exhibit 99.1 August 3, 2026 7:00 AM Eastern Daylight Time Air Industries Group Announces Amendment, Extending the Amended and Restated Merger Agreement with Tenax Aerospace. BAY SHORE, N.Y.-- (BUSINESS WIRE) - Air Industries Group (“Air Industries” or the “Company”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for aerospace and Department of War prime contract…
Read attachment ↗ea029819201ex99-1.htm · S-4 · 2026-07-22
EX-99.1 10 ea029819201ex99-1.htm FORM OF PROXY CARD Exhibit 99.1 Signature [PLEASE SIGN WITHIN BOX] Date Signature (Joint Owners) Date TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: KEEP THIS PORTION FOR YOUR RECORDS DETACH AND RETURN THIS PORTION ONLY THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. V86073-S41426 For Against Abstain!!! 1. To approve a proposal to authorize the issuance of AIR common stock as merger consideration pursuant to the terms of the merger agreemen…
Read attachment ↗