As filed with the U.S. Securities and Exchange Commission on April 30, 2024. Registration No. 333-276932 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1/A (Amendment No. 3) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Victor ...

As filed with the U.S. Securities and Exchange Commission on April 30, 2024. Registration No. 333-276932 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1/A (Amendment No. 3) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identif ...

As filed with the U.S. Securities and Exchange Commission on April 10, 2024. Registration No. 333-276932 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1/A (Amendment No. 2) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identif ...

As filed with the U.S. Securities and Exchange Commission on April 10, 2024. Registration No. 333-276932 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1/A (Amendment No. 2) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identif ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File No. 001-40222 AIRSHIP AI HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 93-4974766 (Sta ...

Financial Performance - FY 2023 revenue was $12.3 million, with a backlog of $11.8 million driven by demand from Fortune 500 customers and U.S. government agencies [2]. - Gross profit for FY 2023 was $5.8 million, resulting in a gross margin percentage of 47% [6]. - Operating loss for FY 2023 was $6.6 million, primarily due to $2.9 million in stock-based compensation [6]. - Net income for FY 2023 was $16.4 million, reflecting other income of $23 million from changes in warrant and earnout liabilities [6]. - Net revenues for the year ended December 31, 2023, were $12,299,584, a decrease of 15.4% from $14,549,141 in 2022 [24]. - Gross profit for 2023 was $5,764,317, down from $8,421,013 in the previous year, reflecting a gross margin decline [24]. - Operating loss increased to $(6,640,365) in 2023 compared to $(2,823,813) in 2022, indicating a worsening operational performance [24]. - Net income for 2023 was $16,371,134, a significant improvement from a net loss of $(487,493) in 2022 [24]. - Total other income for 2023 was $23,011,499, compared to $2,346,320 in 2022, primarily driven by gains from changes in fair value of warrants and earnout liability [24]. - The company reported a basic net income per share of $1.20 for 2023, compared to a loss of $(0.04) per share in 2022 [24]. - The weighted average shares of common stock outstanding increased to 13,671,376 in 2023 from 13,387,344 in 2022, reflecting potential dilution [24]. Cash Flow and Liquidity - Cash and cash equivalents as of December 31, 2023, were $3.1 million, with net cash used in operating activities increasing to $3.3 million [6]. - Cash and cash equivalents at the end of 2023 were $3,124,413, up from $298,614 at the end of 2022, indicating improved liquidity [27]. Future Outlook - The validated pipeline for 2024 is approximately $140 million, consisting of single and multi-year opportunities across various customer verticals [6]. - The company expects triple-digit revenue growth and positive cash flow in FY 2024, supported by orders from the DHS and DOJ [16]. Operational Changes - Research and development expenses decreased to $2,729,492 in 2023 from $3,614,814 in 2022, reflecting a strategic focus on cost management [24]. - Selling, general and administrative expenses rose to $9,675,190 in 2023, up from $7,630,012 in 2022, indicating increased operational costs [24]. - The company aims to improve sourcing and supply chain management to drive continued margin expansion [16]. Mergers and Product Launches - Airship AI completed its merger and began trading on Nasdaq under the ticker "AISP" on December 22, 2023 [2]. - New product launches include next-generation Outpost AI edge appliance and turn-key solutions for government customers [16].

FORM S-1/A (Amendment No. 1) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the U.S. Securities and Exchange Commission on March 6, 2024. Registration No. 333-276932 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identifi ...

As filed with the U.S. Securities and Exchange Commission on March 6, 2024. Registration No. 333-276932 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1/A (Amendment No. 1) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identifi ...

As filed with the U.S. Securities and Exchange Commission on February 6, 2024. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 8210 154th ...

As filed with the U.S. Securities and Exchange Commission on February 6, 2024. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Airship AI Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7372 93-4974766 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 8210 154th ...