UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (I.R.S. Employer Identification No.) 8210 154th Ave NE, Redmond, WA 98052 (Address of principal executive offices) (Zip Code) For the transition period from ____________ to _____________ Commi ...

Second Quarter 2025 Net Revenues of $2.1 Million, Gross Profit of $1.5 Million and Gross Margin of 71% Significant Customer Engagement Activities Throughout the Quarter Provide Strong Tailwinds Heading into Government Fiscal Year End New Pro-U.S. Border Security Administration Provides Additional Macro Tailwinds for 2025 & Beyond REDMOND, Wash., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in AI-driven video, sensor, and data management ...

Group 1 - The AI, security, and defense industries are experiencing significant growth and are expected to continue expanding in the near future [1] - A company has positioned itself as a rising player across the AI, security, and defense sectors, indicating its strategic focus on these high-demand areas [1] - The author emphasizes the importance of combining financial data with qualitative analysis to evaluate companies and sectors, particularly in technology, infrastructure, and internet services [1] Group 2 - The author holds certifications in financial modeling and data analysis, showcasing a strong foundation in evaluating investment opportunities [1] - The focus remains on identifying companies with strong fundamentals and growth potential, particularly in tech, healthcare, and finance sectors [1] - The article aims to build a community of readers and investors interested in long-term investing strategies [1]

Airship AI Holdings, Inc. (AISP) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.10, delivering a surprise of -25%.Over the last four quarters, the company has ...

EX-99.1 2 airsp_ex991.htm PRESS RELEASE EXHIBIT 99.1 Airship AI Reports First Quarter 2025 Financial Results First Quarter 2025 Net Revenues of $5.5 Million, Gross Profit of $2.2 Million and Gross Margin of 40% Redmond, WA – May 15, 2025– Airship AI Holdings, Inc. (NASDAQ: AISP) ("Airship AI" or the "Company"), a leader in AI- driven video, sensor, and data management surveillance solutions, today reported its financial and operational results for the first quarter ended March 31, 2025. Q1 2025 Financial Hi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Commission File No. 001-40222 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 93-4974766 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Core Insights - Airship AI Holdings, Inc. reported net revenues of $5.5 million and a gross profit of $2.2 million for Q1 2025, achieving a gross margin of 40% [1][4] - The company is focusing on increased investments in personnel and digital transformation to remain resilient in a rapidly changing marketplace [1][7] - A new pro-U.S. border security administration is expected to provide additional macro tailwinds for the company in 2025 and beyond [1] Financial Highlights - Net revenues for Q1 2025 were $5.5 million, down from $10.6 million in Q1 2024 [4][20] - Gross profit for the quarter was $2.2 million, with a gross margin of 40% [4][20] - Operating loss was $1.7 million, attributed to increased stock-based compensation and investments in sales and marketing [4][20] - Other income for the quarter was $25.4 million, primarily from changes in the fair value of earnout and warrant liabilities [4][20] - Net income for Q1 2025 was $23.7 million, or $0.75 per basic share, mainly due to noncash income [4][20] Operational Highlights - The backlog as of March 31, 2025, was $2.0 million, with a total validated pipeline of approximately $135 million [4][8] - The company expanded its sales and engineering team, adding experienced professionals to enhance market presence [4][10] - Participation in multiple customer-facing tradeshows increased visibility compared to historical participation [4][10] - A government-focused customer event was hosted, demonstrating solutions for challenges along the southern border [4][10] Strategic Outlook - The company anticipates meaningful activity beginning mid-second quarter 2025, with continued growth expected through Q2 and into Q3 [8][14] - Strategic investments in new market verticals and partnerships are expected to drive sustained growth [10][14] - The company plans to launch several new products in 2025, including advanced computer vision analytics and a Generative AI application [11][14] - Airship AI is closely monitoring macroeconomic conditions, including tariff developments, but does not expect significant impacts on its core business [12][14]

Airship AI TodayAISPAirship AI$4.75 +0.22 (+4.86%) 52-Week Range$1.90▼$11.70Price Target$9.00Add to WatchlistAirship AI Holdings Inc. NASDAQ: AISP provides AI-based video, sensor and data management surveillance services to public sector and commercial clients. Its products include Outpost AI, which uses object detection and optical character recognition in its surveillance system, and Acropolis, a platform for scalable video and data management for law enforcement. Although cybersecurity firms like CrowdS ...

Group 1 - The focus is on small to mid-cap companies with disruptive technology, emphasizing competitive analysis and research on founders and their previous endeavors [1] - The investment strategy involves a two-year time frame, with a tendency to hold investments for longer periods, reflecting a long-term investment approach [1] - The analyst has a family history of investing, learning from past market downturns, and emphasizes the importance of selecting winning stocks and managing losses effectively [1] Group 2 - The current investment focus is on the electrification of various sectors, indicating a trend towards sustainable and innovative technologies [1]

2024 Net Revenue of $23.1 Million, an 87% Increase over FY 2023 Net Revenue of $12.3 Million No Debt on Balance Sheet Following Conversion of $2.8 million in Senior Secured Convertible Notes New Pro-U.S. Border Security Administration Provides Additional Macro Tailwinds for 2025 & Beyond REDMOND, Wash., March 03, 2025 (GLOBE NEWSWIRE) -- Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in AI-driven video, sensor, and data management surveillance solutions, today reported i ...