XTI Aerospace, Inc. (XTIA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 50.34M | 51.82M | 36.68M | 24.21M | 12.53M | 8.58M | 10.13M | 15.17M | 11.55M | 230.99K | 22.56M | 61.39K | 523.48K | 29.87M | 72.28M | 79.84M | 89.86M | 105.96M | 116.99M | 76.48M |
| Cash & Short-Term Investments | 15.19M | 16.7M | 32.2M | 20.05M | 8.01M | 4.11M | 511K | 5.78M | 1.8M | 26.55K | 13.49M | 36.93K | 372.88K | 20.23M | 63.15M | 65.75M | 75.89M | 95.61M | 110.01M | 70.22M |
| Cash Only | 15.19M | 16.7M | 32.2M | 20.05M | 8.01M | 4.11M | 511K | 5.78M | 1.8M | 4.58K | 13.49M | 36.93K | 372.88K | 20.23M | 63.15M | 65.75M | 60.85M | 52.48M | 66.78M | 24.91M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.97K | 0 | 0 | 0 | 0 | 0 | 0 | 15.04M | 43.13M | 43.22M | 45.3M |
| Accounts Receivable | 9.05M | 12.09M | 2.13M | 386K | 594K | 1.24M | 4.76M | 4.45M | 4.7M | 0 | 3.77M | 12.73K | 127.48K | 3.74M | 3.17M | 9.04M | 3.74M | 3.54M | 4.32M | 2.97M |
| Days Sales Outstanding | 34.35 | 34.58 | 46.65 | 74.32 | 170.89 | 267.49 | 461.65 | 403.94 | 1.95K | - | - | - | - | 60.07 | 230.68 | 225.79 | 123.62 | 70.36 | 75.32 | 78.17 |
| Inventory | 19.41M | 15.4M | 1.43M | 2.49M | 2.32M | 2.21M | 2.73M | 2.75M | 2.88M | 0 | 3.35M | 0 | 0 | 2.44M | 2.7M | 1.58M | 1.77M | 1.98M | 1.54M | 1.92M |
| Days Inventory Outstanding | 69.47 | 48.71 | 128.26 | 1.87K | 1.37K | 345.1 | 424.53 | 456.38 | 2.14K | - | 30.87K | - | - | 84.3 | 171.17 | 52.33 | 60.75 | 58.03 | 61.65 | 83.67 |
| Other Current Assets | 6.69M | 7.63M | 182K | 138K | 91K | 84K | -2.02M | 2.19M | 2.17M | 191.1K | 1.95M | 0 | 0 | 3.45M | 3.26M | 3.46M | 8.47M | 4.84M | 1.12M | 1.38M |
| Total Non-Current Assets | 28M | 29.42M | 11.25M | 11.24M | 14.6M | 15.71M | 19.15M | 18.87M | 19.23M | 278.31K | 5.08M | 280.46K | 289.75K | 27.77M | 36.32M | 38M | 47.36M | 50.71M | 74.05M | 97.93M |
| Property, Plant & Equipment | 2.09M | 0 | 485K | 521K | 512K | 546K | 757K | 808K | 903K | 11.99K | 1.39M | 14.33K | 16.96K | 2.48M | 2.63M | 2.93M | 2.97M | 3.18M | 3.07M | 3.27M |
| Fixed Asset Turnover | 13.23x | - | 4.94x | 1.16x | 0.91x | 1.59x | 1.17x | 1.21x | 0.48x | - | - | - | - | 2.07x | 0.88x | 0.87x | 0.86x | 1.64x | 1.40x | 1.05x |
| Goodwill | 11.54M | 11.54M | 9.16M | 9.14M | 12.42M | 12.07M | 12.74M | 12.33M | 12.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.66M | 7.67M | 24.02M | 23.89M |
| Intangible Assets | 9.11M | 9.34M | 1.17M | 1.22M | 1.31M | 1.88M | 4.78M | 4.84M | 5.02M | 266.32K | 259.49K | 266.13K | 272.79K | 279.43K | 0 | 291.61K | 0 | 35.27M | 36.67M | 38.19M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500K | 500K | 0 | 0 | 0 | 0 | 1.05M | 3.62M | 3.08M | 2.83M | 4.34M | 10.15M | 32.44M |
| Other Non-Current Assets | 5.26M | 8.54M | 435K | 349K | 362K | 1.21M | 878K | 391K | 414K | 0 | 403K | 0 | 0 | 210K | 30.06M | 217K | 209K | 253K | 139K | 141K |
| Total Assets | 78.34M | 81.25M | 47.93M | 35.45M | 27.13M | 24.29M | 29.28M | 34.04M | 30.78M | 509.3K | 27.65M | 341.85K | 813.22K | 57.63M | 108.59M | 117.85M | 137.22M | 156.67M | 191.04M | 174.41M |
| Asset Turnover | 0.35x | 0.29x | 0.06x | 0.02x | 0.02x | 0.04x | 0.03x | 0.03x | 0.01x | - | - | - | - | 0.06x | 0.02x | 0.02x | 0.02x | 0.03x | 0.02x | 0.04x |
| Asset Growth % | 188.8% | 234.47% | 63.68% | 4.13% | -11.87% | 4669.47% | 5.92% | 9857.82% | 3685.2% | -99.12% | -74.54% | -99.71% | -99.41% | -63.21% | -43.16% | -32.43% | 3208.9% | - | - | 54090.07% |
| Total Current Liabilities | 90.95M | 47.6M | 35.58M | 21.84M | 12.52M | 17.42M | 22.04M | 23.04M | 16.65M | 13.26M | 19.58M | 13.69M | 13.05M | 24.71M | 20.73M | 14.65M | 15.53M | 27.13M | 20.17M | 22.27M |
| Accounts Payable | 3.41M | 5.21M | 2.56M | 2.69M | 3.87M | 5.49M | 7.63M | 7.07M | 6.95M | 2.5M | 1.92M | 1.94M | 1.71M | 2.56M | 2.56M | 900K | 1.07M | 454.24K | 454.24K | 1.73M |
| Days Payables Outstanding | 17.21 | 22.49 | 171.48 | 2.55K | 2.82K | 915.25 | 1.14K | 1.14K | 3.52K | 22.57K | 17.75K | 18.44K | 19.19K | 83.84 | 138.24 | 30.74 | 24.68 | 14.99 | 38.86 | 68.36 |
| Short-Term Debt | 11.7M | 7.93M | 0 | 0 | 0 | 2.66M | 2.62M | 2.5M | 838K | 6.69M | 3.81M | 2.21M | 2.05M | 14.12M | 6.69M | 1.05M | 3.03M | 1.07M | 1.07M | 858.87K |
| Deferred Revenue (Current) | 0 | 3.07M | 2.09M | 2.33M | 2.16M | 1.88M | 1.88M | 0 | 807K | 0 | 1.31M | 1.35M | 1.35M | 3.48M | 3.73M | 3.64M | 4.13M | 4.8M | 4.47M | 2.78M |
| Other Current Liabilities | 68.35M | 30.84M | 29.98M | 15.9M | 5.6M | 6.28M | 8.1M | 1.81M | 3.66M | 1.85M | 11.37M | 6.98M | 6.64M | 2.46M | 5.73M | 6.84M | 5.24M | 10.22M | 4.75M | 9.76M |
| Current Ratio | 0.55x | 1.09x | 1.03x | 1.11x | 1.00x | 0.49x | 0.46x | 0.66x | 0.69x | 0.02x | 1.15x | 0.00x | 0.04x | 1.21x | 3.49x | 5.45x | 5.79x | 3.91x | 5.80x | 3.43x |
| Quick Ratio | 0.34x | 0.77x | 0.99x | 0.99x | 0.82x | 0.37x | 0.34x | 0.54x | 0.52x | 0.02x | 0.98x | 0.00x | 0.04x | 1.11x | 3.36x | 5.34x | 5.67x | 3.83x | 5.72x | 3.35x |
| Cash Conversion Cycle | 86.61 | 60.8 | 3.43 | -603.52 | -1.29K | -302.65 | -252.12 | -276.94 | 567.84 | - | - | - | - | 60.53 | 263.61 | 247.38 | 159.69 | 113.4 | 98.11 | 93.48 |
| Total Non-Current Liabilities | 1.02M | 3.2M | 155K | 246K | 271K | 296K | 381K | 424K | 469K | 18.88M | 188K | 4.08M | 4.13M | 806K | 880K | 1.05M | 1.12M | 1.36M | 6.48M | 6.66M |
| Long-Term Debt | 0 | 450K | 0 | 65K | 65K | 65K | 65K | 65K | 65K | 18.55M | 4.23M | 4.08M | 4.13M | 3.6M | 0 | 3.61M | 0 | 3.37M | 3.37M | 3.21M |
| Capital Lease Obligations | 1.02M | 2.43M | 155K | 181K | 206K | 231K | 316K | 359K | 404K | 0 | 188K | 0 | 0 | 0 | 852K | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 322K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 333.15K | -4.04M | 0 | 0 | -2.79M | 28K | -2.56M | 1.12M | -2.01M | 3.12M | 3.45M |
| Total Liabilities | 91.97M | 50.8M | 35.73M | 22.08M | 12.79M | 17.72M | 22.42M | 23.47M | 17.12M | 32.14M | 19.77M | 17.77M | 17.18M | 25.52M | 21.61M | 15.7M | 16.65M | 28.49M | 26.66M | 28.93M |
| Total Debt | 12.72M | 11.36M | 253K | 341K | 362K | 3.07M | 3.22M | 3.16M | 1.57M | 25.24M | 11.55M | 6.29M | 6.18M | 14.9M | 7.54M | 3.53M | 4.01M | 5.24M | 4.87M | 6.05M |
| Net Debt | -2.46M | -5.34M | -31.95M | -19.7M | -7.65M | -1.03M | 2.71M | -2.62M | -235K | 25.23M | -1.94M | 6.25M | 5.81M | -5.34M | -55.61M | -62.22M | -56.84M | -47.24M | -61.92M | -18.86M |
| Debt / Equity | - | 0.37x | 0.02x | 0.03x | 0.03x | 0.47x | 0.47x | 0.30x | 0.11x | - | 1.47x | - | - | 0.46x | 0.09x | 0.03x | 0.03x | 0.04x | 0.03x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | 46.82x | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 46.81x | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -67.47x | -114.00x | -13444.00x | -20848.00x | -58.39x | -12.57x | -18.99x | -198.96x | -8.59x | 0.16x | -2.04x | -11.86x | -4.50x | -18.93x | -21.76x | - | - | -2438.63x | -824.20x | - |
| Total Equity | -13.63M | 30.44M | 12.2M | 13.37M | 14.34M | 6.57M | 6.87M | 10.57M | 13.66M | -31.63M | 7.88M | -17.43M | -16.37M | 32.12M | 86.99M | 102.14M | 120.58M | 128.19M | 164.38M | 145.49M |
| Equity Growth % | -195.04% | 363.1% | 77.68% | 26.38% | 4.95% | 120.78% | -12.9% | 160.68% | 183.49% | -198.49% | -90.94% | -117.06% | -113.57% | -74.95% | -47.08% | -29.79% | 3639.41% | - | - | 3795.97% |
| Book Value per Share | -0.39 | 0.93 | 0.55 | 1.88 | 4.24 | 9.56 | 49.06 | 179.67 | 636.56 | -1989.24 | 478.65 | -1117.45 | -1079.70 | 128.20 | 316.14 | 737.10 | 870.64 | 877.99 | 999999.00 | 4.09 |
| Total Shareholders' Equity | -23.91M | 20.44M | 12.2M | 13.37M | 14.34M | 6.57M | 6.87M | 10.57M | 13.66M | -31.63M | 10.18M | -17.43M | -16.37M | 32.2M | 86.36M | 101.19M | 119.22M | 126.5M | 161.92M | 142.74M |
| Common Stock | 38K | 33K | 31K | 18K | 5K | 2K | 38K | 27K | 10K | 35.82K | 112K | 34.79K | 34.64K | 4K | 2K | 155K | 152K | 124K | 125K | 116K |
| Retained Earnings | -197.59M | -162.32M | -140.74M | -127.29M | -106.43M | -93.56M | -79.71M | -75.27M | -60.56M | -57.96M | -347.97M | -39.05M | -34.42M | -314.84M | -299.12M | -281.46M | -261.54M | -250.31M | -212.59M | -178.93M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -695K | 0 | 0 | -695K | -695K | -695K | -695K | -695K | -695K | -695K |
| Accumulated OCI | 0 | 881K | 898K | 884K | -155K | -622K | 524K | -139K | -166K | 0 | 41K | 0 | 0 | 1.06M | 1.5M | 598K | -58K | 44K | -352K | 52K |
| Minority Interest | 10.28M | 10.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.3M | 0 | 0 | -82K | 622K | 956K | 1.36M | 1.69M | 2.46M | 2.75M |