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Innovative Solutions and Support(ISSC) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Over the first half of fiscal 2024, the Company generated 4.4millionofpositivecashflowdespiteallonetimeexpensesassociatedwiththeacquisitionandintegration.Newordersinthesecondquarteroffiscal2024wereapproximately4.4 million of positive cash flow despite all one-time expenses associated with the acquisition and integration. New orders in the second quarter of fiscal 2024 were approximately 6.6 million, and backlog as of March 31, 2024, was $10.4 million. The backlog includes only purchase orders in hand and excludes orders from our OEM customers under long-term programs, such as Pilatus PC-24, Textron King Air, Boeing T-7 Red Hawk and the Boein ...