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: September 30, 2024 ☐ 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 93-497 ...

EX-99.1 2 airsp_ex991.htm EX-99.1 EXHIBIT 99.1 Airship AI Reports Second Quarter 2024 Financial Results Strong Second Quarter 2024 Net Revenues of $6.4 Million, Gross Profit of $4.5 Million and Gross Margin of 70% Second Quarter Operating Income of $1.0 Million Represents Significant Progress Towards Full Year Cash Flow Positive Objective First Half 2024 Combined Net Revenue of $17.0 Million Represents 128% of the Company's Full Year Revenue in 2023 Redmond, WA – August 14, 2024 – Airship AI Holdings, Inc. ...

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, 2024 ☐ 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 ...

EX-99.1 2 airsp_ex991.htm PRESS RELEASE EXHIBIT 99.1 Strong First Quarter 2024 Net Revenues of $10.6 Million Support Fiscal Year 2024 Triple-Digit Revenue Growth & Positive Cash Flow Objectives Awarded Second Contract by DOJ Agency for $2.35 Million for Company's Outpost AI Appliance to Support Emerging Public Safety and Investigative Requirements Q1 2024 Financial Highlights 1 · Continued delivery of multiple firm fixed price contracts worth $10.9 million, awarded in September 2023 by an agency within the ...

The Company adopted Accounting Standards Update ("ASU") No. 2016-13, Financial Instruments — Credit Losses (codified as Accounting Standards Codification ("ASC") 326) on January 1, 2023. ASC 326 adds to U.S. GAAP the current expected credit loss ("CECL") model, a measurement model based on expected losses rather than incurred losses. Prior to the adoption of ASC 326, the Company evaluated receivables regularly and adjusted the allowance for doubtful accounts accordingly. The Company determined estimates of ...

Airship Command then allows the customer to view the final labelled data which can be presented in real-time or as search results, as alerts, in automatically updating lists or on maps. In the vehicle example, Airship Command can present alarms on specific filters such as specific plates, intelligent partial matches, make, model, color and any combination thereof, as well as searches using the same filters against character recognition and vehicle characteristics results. Our typical customer engagement is ...

EX-99.1 2 airsp_ex991.htm PRESS RELEASE EXHIBIT 99.1 FY 2023 Revenue of $12.3 Million with Pipeline of $140 Million Expected to Drive Triple-Digit Revenue Growth and Positive Cash Flow in FY 2024 Completed Merger and Began Trading as a Public Company on Nasdaq Under "AISP" on December 22, 2023 On December 21, 2023, the Company closed the merger with BYTE Acquisition Corp. ("BYTS"), BYTE Merger Sub, Inc., a Washington corporation and a direct, wholly-owned subsidiary of BYTS, and Airship AI, Inc., a Washingt ...

BYTE ACQUISITION CORP. Quarterly Report on Form 10-Q PART I - FINANCIAL INFORMATION BYTE ACQUISITION CORP. CONDENSED CONSOLIDATED BALANCE SHEETS | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------|-----------------| | | | | | Shareholders' Deficit: | | | | Preference shares, $0.0001 par value; ...

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 2 BYTE Acquisition Corp. ("Byte") is a blank check company incorporated as a Cayman Islands exempted company on January 8, 2021. Byte was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or simila ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR For the transition period from to | --- | --- | --- | |----------------------------------------------------------------------------|------------------------------|---------------------------------------------| | Cayman Islands | 001-40222 | N/A | | (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | | | | | | 445 Park Avenue ...