Air industries group (AIRI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
Net Sales

13,447

13,330

13,997

13,368

13,878

10,915

10,733

10,973

11,909

-

13,690

17,084

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Sales

-

-

-

-

-

-

-

-

-

-

-

-

12,674

1,064

15,710

19,363

15,184

23,498

21,076

19,057

16,811

20,364

15,154

13,360

15,453

17,817

16,052

14,639

14,325

17,379

15,558

15,240

16,038

Cost of Sales

11,266

11,616

11,034

11,177

11,604

10,336

9,366

9,449

9,934

8,742

12,133

14,165

9,962

5,768

13,713

15,208

12,363

18,661

16,898

15,160

12,442

17,221

11,597

10,007

11,408

13,602

12,309

11,009

10,678

13,062

11,724

11,804

12,767

Gross Profit

2,181

1,714

2,963

2,191

2,274

579

1,367

1,524

1,975

-2,321

1,557

2,919

2,712

-4,704

1,997

4,155

2,821

4,837

4,178

3,897

4,369

3,143

3,557

3,353

4,045

4,215

3,743

3,630

3,647

4,317

3,834

3,436

3,271

Operating Expenses

2,262

2,697

1,808

1,972

2,062

1,485

2,183

2,173

2,474

-

2,507

4,117

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on abandonment of Leases

-

-

-

-

275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Expenses

-

-

-

-

-

-

-

-

-

-

-

-

2,541

1,508

4,302

4,182

4,412

4,677

4,152

3,825

3,903

3,051

2,997

3,096

2,816

2,861

2,712

2,552

2,469

2,681

2,379

2,140

1,674

Loss from Operations

-81

-983

1,155

219

-63

-2,949

-816

-649

-499

-10,781

-950

-1,198

171

-6,212

-2,305

-27

-1,591

62

26

72

466

-311

560

257

1,229

1,326

1,031

1,078

1,178

1,636

1,455

1,296

1,597

Interest and Financing Costs

252

901

835

992

833

1,450

830

860

776

-255

1,865

875

893

729

894

372

505

517

451

544

346

428

260

304

303

281

281

393

385

422

452

472

497

Interest Expense - Related Parties

128

-

-

-

130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-150

-

-

-

-172

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Subsidiary

-

-

-

-

-

-

-

-

-

-

50

-163

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Income, Net

105

503

100

38

31

103

88

71

16

94

2

65

-183

-

4

21

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Income, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

54

8

-77

-1

-62

-1

361

-11

-29

-25

-8

-2

-142

6

Loss before Benefit from Income Taxes

-356

-1,251

420

-735

-995

-4,296

-1,558

-1,438

-1,259

-10,732

-2,913

-2,171

-454

-

-3,367

-378

-2,086

-

-389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Benefit from Income Taxes

-1,414

-

22

-

-

-

-

-

-

-

29

-199

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-418

128

-816

299

-109

925

1,406

739

656

768

1,206

1,001

682

1,106

Provision for Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-1,320

-126

656

-

726

183

-24

-

81

-

-584

706

-1,795

430

489

411

387

363

286

Income (Loss) from Continuing Operations

1,058

-

398

-

-995

-

-1,558

-

-1,259

-

-2,942

-

-454

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from Discontinued Operations, net of taxes
Loss on Sale of Subsidiary

-

-

-

-

-

-

-

-

-

-

-

0

451

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from Discontinued Operations, net of tax

-

5

-211

0

72

-1,942

-1,572

1,623

-209

-

62

-

-700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss)

1,058

-1,261

187

-735

-923

-6,579

-3,130

185

-1,468

-16,545

-2,880

-1,972

-1,154

-11,894

-2,047

-252

-1,430

-672

337

-601

104

-670

380

616

341

700

2,534

226

279

795

614

319

820

Less: Cumulative preferred stock dividends

-

-

-

-

-

-

-

-

-

-

0

764

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Cumulative preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

252

82

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Loss attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-2,880

-2,736

-

-

-2,299

-334

-

-

337

-601

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) per share - Basic
Continuing operations

0.04

-0.04

0.01

-0.03

-0.03

-0.15

-0.06

-0.06

-0.05

-

-0.22

-

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

0.01

-0.01

0.00

0.00

-0.08

-0.06

0.06

-0.01

-

0.00

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) per share - Diluted
Continuing operations

0.03

-0.04

0.01

-0.03

-0.03

-0.15

-0.06

-0.06

-0.05

-

-0.22

-

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

0.01

-0.01

0.00

0.00

-0.08

-0.06

0.06

-0.01

-

0.00

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding - Basic and Diluted - continuing operations

-

-

-

28,770

-

-

-

26,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding - Basic - discontinued operations

-

-

-

28,770

-

-

-

26,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding - Diluted - discontinued operations

-

-

-

28,770

-

-

-

26,079

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (loss) per Share - Basic

-

-

-

-

-

-

-

-

-

-

-

-0.36

-

-

-0.30

-0.04

-0.19

-0.08

0.04

-0.08

0.01

-0.11

0.05

0.10

0.06

0.12

0.44

0.04

0.05

0.11

0.11

0.09

0.23

Net Income (loss) per Share

-

-

-

-

-

-

-

-

-

-

-

-0.36

-

-

-0.30

-0.04

-0.19

-0.08

0.04

-0.08

0.01

-0.10

0.05

0.09

0.06

0.11

0.43

0.04

0.05

0.12

0.11

0.08

0.23

Weighted average shares outstanding - basic

30,380

-

28,909

-

28,601

-

26,768

-

26,116

24,159

13,463

7,650

7,650

7,534

7,610

7,587

7,584

7,559

7,559

7,557

7,236

7,134

7,092

6,276

5,863

5,822

5,711

5,711

5,711

5,733

5,706

3,703

3,579

Weighted average shares outstanding - diluted

36,521

-

29,040

-

28,601

-

26,768

-

26,116

24,159

13,463

7,650

7,650

7,534

7,610

7,587

7,584

7,147

7,686

7,557

7,521

7,550

7,388

6,597

6,125

6,278

5,854

5,789

5,809

5,883

5,790

3,783

3,579

Weighted average shares outstanding - Basic and Diluted - discontinued operations

-

-

28,909

-

-

-

26,768

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-