Air industries group (AIRI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Net Sales

54,573

44,530

49,869

-

-

-

-

-

-

Net Sales

-

-

-

51,321

80,442

64,331

62,833

64,215

53,745

Cost of Sales

45,431

39,085

45,002

47,052

63,161

50,233

47,598

49,357

42,817

Gross Profit

9,142

5,445

4,867

4,269

17,281

14,098

15,235

14,858

10,928

Operating Expenses

8,539

8,315

11,430

-

-

-

-

-

-

Impairment of goodwill

-

-

6,195

-

-

-

-

-

-

Loss on abandonment of Leases

-

386

-

-

-

-

-

-

-

Capitalized engineering costs write-off

-

2,043

-

-

-

-

-

-

-

Operating Expenses

-

-

-

14,404

16,557

11,960

10,594

8,874

6,549

Acquisition Costs

-

-

-

-

98

403

28

-

-

Impairment of goodwill

-

-

-

0

-

-

-

-

-

Loss from Operations

328

-4,913

-12,758

-10,135

626

1,735

4,613

5,984

4,379

Interest and Financing Costs

3,561

3,916

3,378

2,500

1,858

1,295

1,340

1,843

2,102

Loss on Extinguishment of Debt

-

-

-112

0

-

-

-

-

-

Other Income, Net

672

278

-22

-

-

-

-

-

-

Other Income, Net

-

-

-

-

-

-141

296

-146

27

Loss before Benefit from Income Taxes

-2,561

-8,551

-16,270

-

-

-

-

-

-

Benefit from Income Taxes

37

-

-197

2,101

-286

-

-

-

-

Gain on Sale of Subsidiary

-

-

-

0

-

-

-

-

-

Other (Expense) Income, Net

-

-

-

-131

114

-

-

-

-

Loss before Income Taxes

-

-

-

-12,766

-1,118

299

3,569

3,995

2,304

Provision for Income Taxes

-

-

-

-

-

-368

-170

1,447

57

Income (Loss) from Continuing Operations

-2,598

-8,551

-16,073

-14,867

-

-

-

-

-

Loss from Discontinued Operations, net of taxes
Losses from discontinued operating activities

-134

-2,097

-6,678

-

-

-

-

-

-

Loss on Sale of Subsidiary

-

-341

200

-

-

-

-

-

-

Income from Discontinued Operations, net of tax

-134

-2,100

-6,478

-756

-

-

-

-

-

Net Income (Loss)

-2,732

-10,992

-22,551

-15,623

-832

667

3,739

2,548

2,247

Net Income (Loss) per share - Basic
Continuing operations

-0.09

-0.32

-1.21

-1.96

-

-

-

-

-

Discontinued operations

0.00

-0.09

-0.49

-0.10

-

-

-

-

-

Net Income (Loss) per share - Diluted
Continuing operations

-0.09

-0.32

-1.21

-1.96

-

-

-

-

-

Discontinued operations

0.00

-0.09

-0.49

-0.10

-

-

-

-

-

Net Income (loss) per Share - Basic

-

-

-

-

-0.11

0.10

0.65

0.54

0.63

Net Income (loss) per Share

-

-

-

-

-0.11

0.10

0.63

0.54

0.63

Weighted average shares outstanding - basic

28,851

26,897

13,230

7,579

7,478

6,591

5,739

4,680

3,579

Weighted average shares outstanding - diluted

28,851

26,897

13,230

7,579

7,478

6,915

5,932

4,759

3,579