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10-K Filing

AIR T INC CIK: 353184 FY 2024
Filing Information
Form Type 10-K
Accession Number 0000353184-25-000044
Period End Date 20250331
Filing Date 20250627
Fiscal Year 2024
Fiscal Period FY
XBRL Instance airt-20250331_htm.xml
Balance Sheet 222 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $1.34M USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $1.34M USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $1.42M USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $1.42M USD Point-in-time
Assets on lease, accumulated depreciation FinanceLeaseRightOfUseAssetAccumulatedAmortization $1.45M USD Point-in-time
Assets on lease, accumulated depreciation FinanceLeaseRightOfUseAssetAccumulatedAmortization $1.45M USD Point-in-time
Assets on lease, accumulated depreciation FinanceLeaseRightOfUseAssetAccumulatedAmortization $8.00K USD Point-in-time
Assets on lease, accumulated depreciation FinanceLeaseRightOfUseAssetAccumulatedAmortization $8.00K USD Point-in-time
Property and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $9.24M USD Point-in-time
Property and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $9.24M USD Point-in-time
Property and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $7.71M USD Point-in-time
Property and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $7.71M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $6.33M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $6.33M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $5.12M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $5.12M USD Point-in-time
Other assets measured at fair value OtherAssetsFairValueDisclosureNoncurrent $1.91M USD Point-in-time
Other assets measured at fair value OtherAssetsFairValueDisclosureNoncurrent $1.91M USD Point-in-time
Other assets measured at fair value OtherAssetsFairValueDisclosureNoncurrent - USD Point-in-time
Other assets measured at fair value OtherAssetsFairValueDisclosureNoncurrent - USD Point-in-time
Other non-current liabilities OtherLiabilitiesFairValueDisclosureNoncurrent $44.00K USD Point-in-time
Other non-current liabilities OtherLiabilitiesFairValueDisclosureNoncurrent $44.00K USD Point-in-time
Other non-current liabilities OtherLiabilitiesFairValueDisclosureNoncurrent - USD Point-in-time
Other non-current liabilities OtherLiabilitiesFairValueDisclosureNoncurrent - USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.10M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.25 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.25 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.93M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.93M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.25 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.25 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 4.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 4.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 4.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 4.00M shares Point-in-time
Marketable securities MarketableSecuritiesCurrent $531.00K USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $531.00K USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $422.00K USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $422.00K USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 3.03M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 3.03M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 3.03M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 3.03M shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $743.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $743.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $575.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $575.00K USD Point-in-time
Restricted investments RestrictedInvestmentsCurrent $683.00K USD Point-in-time
Restricted investments RestrictedInvestmentsCurrent $683.00K USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 2.78M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 2.78M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 2.70M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 2.70M shares Point-in-time
Restricted investments RestrictedInvestmentsCurrent $1.39M USD Point-in-time
Restricted investments RestrictedInvestmentsCurrent $1.39M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,338 and $1,420 AccountsReceivableNetCurrent $22.91M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,338 and $1,420 AccountsReceivableNetCurrent $22.91M USD Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 327,606.00 shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 327,606.00 shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,338 and $1,420 AccountsReceivableNetCurrent $23.92M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,338 and $1,420 AccountsReceivableNetCurrent $23.92M USD Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 256,850.00 shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 256,850.00 shares Point-in-time
Income tax receivable IncomeTaxesReceivable $681.00K USD Point-in-time
Income tax receivable IncomeTaxesReceivable $681.00K USD Point-in-time
Treasury stock, average price (in dollars per share) TreasuryStockAveragePricePerShare $19.55 USD Point-in-time
Treasury stock, average price (in dollars per share) TreasuryStockAveragePricePerShare $19.55 USD Point-in-time
Income tax receivable IncomeTaxesReceivable $561.00K USD Point-in-time
Income tax receivable IncomeTaxesReceivable $561.00K USD Point-in-time
Treasury stock, average price (in dollars per share) TreasuryStockAveragePricePerShare $19.31 USD Point-in-time
Treasury stock, average price (in dollars per share) TreasuryStockAveragePricePerShare $19.31 USD Point-in-time
Inventories, net InventoryNet $38.52M USD Point-in-time
Inventories, net InventoryNet $38.52M USD Point-in-time
Inventories, net InventoryNet $60.72M USD Point-in-time
Inventories, net InventoryNet $60.72M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $2.35M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $2.35M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $3.10M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $3.10M USD Point-in-time
Due from Crestone Asset Management, LLC for expense reimbursements ExpenseReimbursementsCurrent $180.00K USD Point-in-time
Due from Crestone Asset Management, LLC for expense reimbursements ExpenseReimbursementsCurrent $180.00K USD Point-in-time
Due from Crestone Asset Management, LLC for expense reimbursements ExpenseReimbursementsCurrent $3.09M USD Point-in-time
Due from Crestone Asset Management, LLC for expense reimbursements ExpenseReimbursementsCurrent $3.09M USD Point-in-time
Other current assets OtherAssetsCurrent $3.48M USD Point-in-time
Other current assets OtherAssetsCurrent $3.48M USD Point-in-time
Other current assets OtherAssetsCurrent $4.50M USD Point-in-time
Other current assets OtherAssetsCurrent $4.50M USD Point-in-time
Total Current Assets AssetsCurrent $102.88M USD Point-in-time
Total Current Assets AssetsCurrent $102.88M USD Point-in-time
Total Current Assets AssetsCurrent $78.51M USD Point-in-time
Total Current Assets AssetsCurrent $78.51M USD Point-in-time
Assets on lease or held for lease, net of accumulated depreciation of $1,451 and $8 FinanceLeaseRightOfUseAsset $252.00K USD Point-in-time
Assets on lease or held for lease, net of accumulated depreciation of $1,451 and $8 FinanceLeaseRightOfUseAsset $252.00K USD Point-in-time
Assets on lease or held for lease, net of accumulated depreciation of $1,451 and $8 FinanceLeaseRightOfUseAsset $14.66M USD Point-in-time
Assets on lease or held for lease, net of accumulated depreciation of $1,451 and $8 FinanceLeaseRightOfUseAsset $14.66M USD Point-in-time
Property and equipment, net of accumulated depreciation of $9,240 and $7,705 PropertyPlantAndEquipmentNet $20.86M USD Point-in-time
Property and equipment, net of accumulated depreciation of $9,240 and $7,705 PropertyPlantAndEquipmentNet $20.86M USD Point-in-time
Property and equipment, net of accumulated depreciation of $9,240 and $7,705 PropertyPlantAndEquipmentNet $20.29M USD Point-in-time
Property and equipment, net of accumulated depreciation of $9,240 and $7,705 PropertyPlantAndEquipmentNet $20.29M USD Point-in-time
Intangible assets, net of accumulated amortization of $6,330 and $5,119 IntangibleAssetsNetExcludingGoodwill $10.02M USD Point-in-time
Intangible assets, net of accumulated amortization of $6,330 and $5,119 IntangibleAssetsNetExcludingGoodwill $10.02M USD Point-in-time
Intangible assets, net of accumulated amortization of $6,330 and $5,119 IntangibleAssetsNetExcludingGoodwill $10.98M USD Point-in-time
Intangible assets, net of accumulated amortization of $6,330 and $5,119 IntangibleAssetsNetExcludingGoodwill $10.98M USD Point-in-time
Right-of-use ("ROU") assets OperatingLeaseRightOfUseAsset $11.38M USD Point-in-time
Right-of-use ("ROU") assets OperatingLeaseRightOfUseAsset $11.38M USD Point-in-time
Right-of-use ("ROU") assets OperatingLeaseRightOfUseAsset $13.27M USD Point-in-time
Right-of-use ("ROU") assets OperatingLeaseRightOfUseAsset $13.27M USD Point-in-time
Equity method investments EquityMethodInvestments $19.00M USD Point-in-time
Equity method investments EquityMethodInvestments $19.00M USD Point-in-time
Equity method investments EquityMethodInvestments $16.65M USD Point-in-time
Equity method investments EquityMethodInvestments $16.65M USD Point-in-time
Other assets (includes $0 and $1,909 measured at fair value) OtherAssetsNoncurrent $3.63M USD Point-in-time
Other assets (includes $0 and $1,909 measured at fair value) OtherAssetsNoncurrent $3.63M USD Point-in-time
Other assets (includes $0 and $1,909 measured at fair value) OtherAssetsNoncurrent $1.64M USD Point-in-time
Other assets (includes $0 and $1,909 measured at fair value) OtherAssetsNoncurrent $1.64M USD Point-in-time
Goodwill Goodwill $10.54M USD Point-in-time
Goodwill Goodwill $10.54M USD Point-in-time
Goodwill Goodwill $10.54M USD Point-in-time
Goodwill Goodwill $10.54M USD Point-in-time
Total Assets Assets $177.17M USD Point-in-time
Total Assets Assets $177.17M USD Point-in-time
Total Assets Assets $173.78M USD Point-in-time
Total Assets Assets $173.78M USD Point-in-time
Accounts payable AccountsPayableCurrent $15.07M USD Point-in-time
Accounts payable AccountsPayableCurrent $15.07M USD Point-in-time
Accounts payable AccountsPayableCurrent $17.78M USD Point-in-time
Accounts payable AccountsPayableCurrent $17.78M USD Point-in-time
Accrued expenses and other (Note 10) AccruedLiabilitiesCurrent $15.65M USD Point-in-time
Accrued expenses and other (Note 10) AccruedLiabilitiesCurrent $15.65M USD Point-in-time
Accrued expenses and other (Note 10) AccruedLiabilitiesCurrent $16.69M USD Point-in-time
Accrued expenses and other (Note 10) AccruedLiabilitiesCurrent $16.69M USD Point-in-time
Current portion of earnout liability EarnoutLiabilitiesCurrent $430.00K USD Point-in-time
Current portion of earnout liability EarnoutLiabilitiesCurrent $430.00K USD Point-in-time
Current portion of earnout liability EarnoutLiabilitiesCurrent - USD Point-in-time
Current portion of earnout liability EarnoutLiabilitiesCurrent - USD Point-in-time
Short-term lease liability OperatingLeaseLiabilityCurrent $1.76M USD Point-in-time
Short-term lease liability OperatingLeaseLiabilityCurrent $1.76M USD Point-in-time
Short-term lease liability OperatingLeaseLiabilityCurrent $2.38M USD Point-in-time
Short-term lease liability OperatingLeaseLiabilityCurrent $2.38M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $47.66M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $47.66M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $46.84M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $46.84M USD Point-in-time
Deferred income tax liabilities, net DeferredIncomeTaxLiabilitiesNet $2.45M USD Point-in-time
Deferred income tax liabilities, net DeferredIncomeTaxLiabilitiesNet $2.45M USD Point-in-time
Deferred income tax liabilities, net DeferredIncomeTaxLiabilitiesNet $2.25M USD Point-in-time
Deferred income tax liabilities, net DeferredIncomeTaxLiabilitiesNet $2.25M USD Point-in-time
Long-term lease liability OperatingLeaseLiabilityNoncurrent $11.84M USD Point-in-time
Long-term lease liability OperatingLeaseLiabilityNoncurrent $11.84M USD Point-in-time
Long-term lease liability OperatingLeaseLiabilityNoncurrent $10.52M USD Point-in-time
Long-term lease liability OperatingLeaseLiabilityNoncurrent $10.52M USD Point-in-time
Long-term earnout liability EarnoutLiabilitiesNoncurrent $1.11M USD Point-in-time
Long-term earnout liability EarnoutLiabilitiesNoncurrent $1.11M USD Point-in-time
Long-term earnout liability EarnoutLiabilitiesNoncurrent - USD Point-in-time
Long-term earnout liability EarnoutLiabilitiesNoncurrent - USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $866.00K USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $866.00K USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent - USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent - USD Point-in-time
Total Liabilities Liabilities $158.37M USD Point-in-time
Total Liabilities Liabilities $158.37M USD Point-in-time
Total Liabilities Liabilities $168.24M USD Point-in-time
Total Liabilities Liabilities $168.24M USD Point-in-time
Redeemable non-controlling interest RedeemableNoncontrollingInterestEquityCarryingAmount $7.05M USD Point-in-time
Redeemable non-controlling interest RedeemableNoncontrollingInterestEquityCarryingAmount $7.05M USD Point-in-time
Redeemable non-controlling interest RedeemableNoncontrollingInterestEquityCarryingAmount $12.98M USD Point-in-time
Redeemable non-controlling interest RedeemableNoncontrollingInterestEquityCarryingAmount $12.98M USD Point-in-time
Commitments and contingencies (Note 21) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 21) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 21) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 21) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $1.00 par value, 2,000,000 shares authorized PreferredStockValue - USD Point-in-time
Preferred stock, $1.00 par value, 2,000,000 shares authorized PreferredStockValue - USD Point-in-time
Preferred stock, $1.00 par value, 2,000,000 shares authorized PreferredStockValue - USD Point-in-time
Preferred stock, $1.00 par value, 2,000,000 shares authorized PreferredStockValue - USD Point-in-time
Common stock, $0.25 par value; 4,000,000 shares authorized, 3,030,245 and 3,030,245 shares issued, 2,702,639 and 2,775,163 shares outstanding CommonStockValue $758.00K USD Point-in-time
Common stock, $0.25 par value; 4,000,000 shares authorized, 3,030,245 and 3,030,245 shares issued, 2,702,639 and 2,775,163 shares outstanding CommonStockValue $758.00K USD Point-in-time
Common stock, $0.25 par value; 4,000,000 shares authorized, 3,030,245 and 3,030,245 shares issued, 2,702,639 and 2,775,163 shares outstanding CommonStockValue $758.00K USD Point-in-time
Common stock, $0.25 par value; 4,000,000 shares authorized, 3,030,245 and 3,030,245 shares issued, 2,702,639 and 2,775,163 shares outstanding CommonStockValue $758.00K USD Point-in-time
Treasury stock, 327,606 shares at $19.55 and 256,850 shares at $19.31 TreasuryStockCommonValue $4.96M USD Point-in-time
Treasury stock, 327,606 shares at $19.55 and 256,850 shares at $19.31 TreasuryStockCommonValue $4.96M USD Point-in-time
Treasury stock, 327,606 shares at $19.55 and 256,850 shares at $19.31 TreasuryStockCommonValue $6.40M USD Point-in-time
Treasury stock, 327,606 shares at $19.55 and 256,850 shares at $19.31 TreasuryStockCommonValue $6.40M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $859.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $859.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $947.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $947.00K USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $8.19M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $8.19M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.13M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.13M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-80.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-80.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-647.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-647.00K USD Point-in-time
Total Air T, Inc. Stockholders' (Deficit) Equity StockholdersEquity $-3.22M USD Point-in-time
Total Air T, Inc. Stockholders' (Deficit) Equity StockholdersEquity $-3.22M USD Point-in-time
Total Air T, Inc. Stockholders' (Deficit) Equity StockholdersEquity $4.77M USD Point-in-time
Total Air T, Inc. Stockholders' (Deficit) Equity StockholdersEquity $4.77M USD Point-in-time
Non-controlling Interests MinorityInterest $1.05M USD Point-in-time
Non-controlling Interests MinorityInterest $1.05M USD Point-in-time
Non-controlling Interests MinorityInterest $1.70M USD Point-in-time
Non-controlling Interests MinorityInterest $1.70M USD Point-in-time
Total (Deficit) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.52M USD Point-in-time
Total (Deficit) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.52M USD Point-in-time
Total (Deficit) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.82M USD Point-in-time
Total (Deficit) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.82M USD Point-in-time
Total (Deficit) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.98M USD Point-in-time
Total (Deficit) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.98M USD Point-in-time
Total Liabilities and (Deficit) Equity LiabilitiesAndStockholdersEquity $173.78M USD Point-in-time
Total Liabilities and (Deficit) Equity LiabilitiesAndStockholdersEquity $173.78M USD Point-in-time
Total Liabilities and (Deficit) Equity LiabilitiesAndStockholdersEquity $177.17M USD Point-in-time
Total Liabilities and (Deficit) Equity LiabilitiesAndStockholdersEquity $177.17M USD Point-in-time
Income Statement 76 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $286.83M USD Annual
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $286.83M USD Annual
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $291.85M USD Annual
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $291.85M USD Annual
General and administrative GeneralAndAdministrativeExpense $57.85M USD Annual
General and administrative GeneralAndAdministrativeExpense $57.85M USD Annual
General and administrative GeneralAndAdministrativeExpense $51.11M USD Annual
General and administrative GeneralAndAdministrativeExpense $51.11M USD Annual
Depreciation and amortization DepreciationAndAmortization $4.36M USD Annual
Depreciation and amortization DepreciationAndAmortization $4.36M USD Annual
Depreciation and amortization DepreciationAndAmortization $2.80M USD Annual
Depreciation and amortization DepreciationAndAmortization $2.80M USD Annual
Earnout remeasurement BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD Annual
Earnout remeasurement BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD Annual
Earnout remeasurement BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $435.00K USD Annual
Earnout remeasurement BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $435.00K USD Annual
Operating expenses CostsAndExpenses $285.57M USD Annual
Operating expenses CostsAndExpenses $285.57M USD Annual
Operating expenses CostsAndExpenses $289.94M USD Annual
Operating expenses CostsAndExpenses $289.94M USD Annual
Operating Income OperatingIncomeLoss $1.26M USD Annual
Operating Income OperatingIncomeLoss $1.26M USD Annual
Operating Income OperatingIncomeLoss $1.91M USD Annual
Operating Income OperatingIncomeLoss $1.91M USD Annual
Interest expense InterestExpenseNonoperating $6.92M USD Annual
Interest expense InterestExpenseNonoperating $6.92M USD Annual
Interest expense InterestExpenseNonoperating $8.39M USD Annual
Interest expense InterestExpenseNonoperating $8.39M USD Annual
Income from equity method investments IncomeLossFromEquityMethodInvestments $1.70M USD Annual
Income from equity method investments IncomeLossFromEquityMethodInvestments $1.70M USD Annual
Income from equity method investments IncomeLossFromEquityMethodInvestments $1.69M USD Annual
Income from equity method investments IncomeLossFromEquityMethodInvestments $1.69M USD Annual
Other OtherNonoperatingIncomeExpense $8.00K USD Annual
Other OtherNonoperatingIncomeExpense $8.00K USD Annual
Other OtherNonoperatingIncomeExpense $-209.00K USD Annual
Other OtherNonoperatingIncomeExpense $-209.00K USD Annual
Non-operating income (expense) NonoperatingIncomeExpense $-5.22M USD Annual
Non-operating income (expense) NonoperatingIncomeExpense $-5.22M USD Annual
Non-operating income (expense) NonoperatingIncomeExpense $-6.90M USD Annual
Non-operating income (expense) NonoperatingIncomeExpense $-6.90M USD Annual
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-3.96M USD Annual
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-3.96M USD Annual
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-4.99M USD Annual
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-4.99M USD Annual
Income Tax Expense IncomeTaxExpenseBenefit $729.00K USD Annual
Income Tax Expense IncomeTaxExpenseBenefit $729.00K USD Annual
Income Tax Expense IncomeTaxExpenseBenefit $423.00K USD Annual
Income Tax Expense IncomeTaxExpenseBenefit $423.00K USD Annual
Net Loss ProfitLoss $-5.41M USD Annual
Net Loss ProfitLoss $-5.41M USD Annual
Net Loss ProfitLoss $-4.68M USD Annual
Net Loss ProfitLoss $-4.68M USD Annual
Net Income Attributable to Non-controlling Interests NetIncomeLossAttributableToNoncontrollingInterest $729.00K USD Annual
Net Income Attributable to Non-controlling Interests NetIncomeLossAttributableToNoncontrollingInterest $729.00K USD Annual
Net Income Attributable to Non-controlling Interests NetIncomeLossAttributableToNoncontrollingInterest $2.13M USD Annual
Net Income Attributable to Non-controlling Interests NetIncomeLossAttributableToNoncontrollingInterest $2.13M USD Annual
Net Loss Attributable to Air T, Inc. Stockholders NetIncomeLoss $-6.14M USD Annual
Net Loss Attributable to Air T, Inc. Stockholders NetIncomeLoss $-6.14M USD Annual
Net Loss Attributable to Air T, Inc. Stockholders NetIncomeLoss $-6.82M USD Annual
Net Loss Attributable to Air T, Inc. Stockholders NetIncomeLoss $-6.82M USD Annual
Basic (in dollars per share) EarningsPerShareBasic $-2.23 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $-2.23 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $-2.42 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $-2.42 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $-2.42 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $-2.42 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $-2.23 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $-2.23 USD Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 2.82M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 2.82M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 2.75M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 2.75M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 2.75M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 2.75M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 2.82M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 2.82M shares Annual
Cash Flow Statement 186 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-5.41M USD Annual
Net loss ProfitLoss $-5.41M USD Annual
Net loss ProfitLoss $-4.68M USD Annual
Net loss ProfitLoss $-4.68M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $2.80M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $2.80M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $4.36M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $4.36M USD Annual
Income from equity method of investments IncomeLossFromEquityMethodInvestments $1.70M USD Annual
Income from equity method of investments IncomeLossFromEquityMethodInvestments $1.70M USD Annual
Income from equity method of investments IncomeLossFromEquityMethodInvestments $1.69M USD Annual
Income from equity method of investments IncomeLossFromEquityMethodInvestments $1.69M USD Annual
Inventory write-down InventoryWriteDownIncludedInOperatingExpenses $1.20M USD Annual
Inventory write-down InventoryWriteDownIncludedInOperatingExpenses $1.20M USD Annual
Inventory write-down InventoryWriteDownIncludedInOperatingExpenses $1.46M USD Annual
Inventory write-down InventoryWriteDownIncludedInOperatingExpenses $1.46M USD Annual
Other OtherNoncashIncomeExpense $-2.37M USD Annual
Other OtherNoncashIncomeExpense $-2.37M USD Annual
Other OtherNoncashIncomeExpense $-1.29M USD Annual
Other OtherNoncashIncomeExpense $-1.29M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.81M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.81M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $-4.05M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $-4.05M USD Annual
Inventories IncreaseDecreaseInInventories $-9.10M USD Annual
Inventories IncreaseDecreaseInInventories $-9.10M USD Annual
Inventories IncreaseDecreaseInInventories $-20.63M USD Annual
Inventories IncreaseDecreaseInInventories $-20.63M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $4.62M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $4.62M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $2.71M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $2.71M USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $2.38M USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $2.38M USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $1.09M USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $1.09M USD Annual
Employee retention credit receivable IncreaseDecreaseEmployeeRetentionCreditReceivable - USD Annual
Employee retention credit receivable IncreaseDecreaseEmployeeRetentionCreditReceivable - USD Annual
Employee retention credit receivable IncreaseDecreaseEmployeeRetentionCreditReceivable $-940.00K USD Annual
Employee retention credit receivable IncreaseDecreaseEmployeeRetentionCreditReceivable $-940.00K USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $2.83M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $2.83M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $200.00K USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $200.00K USD Annual
Total adjustments IncreaseDecreaseInOperatingCapital $-22.42M USD Annual
Total adjustments IncreaseDecreaseInOperatingCapital $-22.42M USD Annual
Total adjustments IncreaseDecreaseInOperatingCapital $-18.26M USD Annual
Total adjustments IncreaseDecreaseInOperatingCapital $-18.26M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $17.18M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $17.18M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $23.50M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $23.50M USD Annual
Investment in unconsolidated entities PaymentsToAcquireInterestInSubsidiariesAndAffiliates $7.03M USD Annual
Investment in unconsolidated entities PaymentsToAcquireInterestInSubsidiariesAndAffiliates $7.03M USD Annual
Investment in unconsolidated entities PaymentsToAcquireInterestInSubsidiariesAndAffiliates $4.63M USD Annual
Investment in unconsolidated entities PaymentsToAcquireInterestInSubsidiariesAndAffiliates $4.63M USD Annual
Distribution from unconsolidated entities ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates $6.03M USD Annual
Distribution from unconsolidated entities ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates $6.03M USD Annual
Distribution from unconsolidated entities ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates $3.19M USD Annual
Distribution from unconsolidated entities ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates $3.19M USD Annual
Capital expenditures related to property & equipment PaymentsToAcquirePropertyPlantAndEquipment $1.08M USD Annual
Capital expenditures related to property & equipment PaymentsToAcquirePropertyPlantAndEquipment $1.08M USD Annual
Capital expenditures related to property & equipment PaymentsToAcquirePropertyPlantAndEquipment $1.08M USD Annual
Capital expenditures related to property & equipment PaymentsToAcquirePropertyPlantAndEquipment $1.08M USD Annual
Capital expenditures related to assets on lease or held for lease PaymentsRelatedToAssetsOnLease - USD Annual
Capital expenditures related to assets on lease or held for lease PaymentsRelatedToAssetsOnLease - USD Annual
Capital expenditures related to assets on lease or held for lease PaymentsRelatedToAssetsOnLease $14.60M USD Annual
Capital expenditures related to assets on lease or held for lease PaymentsRelatedToAssetsOnLease $14.60M USD Annual
Disbursements for note receivable - Lendway PaymentsOfNotesReceivableFromInvestingActivities $3.75M USD Annual
Disbursements for note receivable - Lendway PaymentsOfNotesReceivableFromInvestingActivities $3.75M USD Annual
Disbursements for note receivable - Lendway PaymentsOfNotesReceivableFromInvestingActivities - USD Annual
Disbursements for note receivable - Lendway PaymentsOfNotesReceivableFromInvestingActivities - USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-18.00K USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-18.00K USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-237.00K USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-237.00K USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.50M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.50M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-20.19M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-20.19M USD Annual
Proceeds from lines of credit ProceedsFromLinesOfCredit $124.25M USD Annual
Proceeds from lines of credit ProceedsFromLinesOfCredit $124.25M USD Annual
Proceeds from lines of credit ProceedsFromLinesOfCredit $136.51M USD Annual
Proceeds from lines of credit ProceedsFromLinesOfCredit $136.51M USD Annual
Payments on lines of credit RepaymentsOfLinesOfCredit $141.96M USD Annual
Payments on lines of credit RepaymentsOfLinesOfCredit $141.96M USD Annual
Payments on lines of credit RepaymentsOfLinesOfCredit $131.38M USD Annual
Payments on lines of credit RepaymentsOfLinesOfCredit $131.38M USD Annual
Proceeds from term loan ProceedsFromIssuanceOfLongTermDebt $24.85M USD Annual
Proceeds from term loan ProceedsFromIssuanceOfLongTermDebt $24.85M USD Annual
Proceeds from term loan ProceedsFromIssuanceOfLongTermDebt $24.88M USD Annual
Proceeds from term loan ProceedsFromIssuanceOfLongTermDebt $24.88M USD Annual
Payments on term loan RepaymentsOfLongTermDebt $35.04M USD Annual
Payments on term loan RepaymentsOfLongTermDebt $35.04M USD Annual
Payments on term loan RepaymentsOfLongTermDebt $28.34M USD Annual
Payments on term loan RepaymentsOfLongTermDebt $28.34M USD Annual
Proceeds received from issuance of TruPs ProceedsFromIssuanceOfTrustPreferredSecurities $910.00K USD Annual
Proceeds received from issuance of TruPs ProceedsFromIssuanceOfTrustPreferredSecurities $910.00K USD Annual
Proceeds received from issuance of TruPs ProceedsFromIssuanceOfTrustPreferredSecurities $8.78M USD Annual
Proceeds received from issuance of TruPs ProceedsFromIssuanceOfTrustPreferredSecurities $8.78M USD Annual
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.45M USD Annual
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.45M USD Annual
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $876.00K USD Annual
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $876.00K USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-616.00K USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-616.00K USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $758.00K USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $758.00K USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-4.80M USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-4.80M USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-13.91M USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-13.91M USD Annual
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-16.00K USD Annual
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-16.00K USD Annual
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $408.00K USD Annual
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $408.00K USD Annual
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $753.00K USD Annual
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $753.00K USD Annual
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.09M USD Annual
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.09M USD Annual
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.84M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.84M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.76M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.76M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.09M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.09M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.84M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.84M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.76M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.76M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.09M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.09M USD Point-in-time
Assumption of liabilities to acquire assets on lease LiabilitiesToAcquireAssetsOnLease $720.00K USD Annual
Assumption of liabilities to acquire assets on lease LiabilitiesToAcquireAssetsOnLease $720.00K USD Annual
Assumption of liabilities to acquire assets on lease LiabilitiesToAcquireAssetsOnLease - USD Annual
Assumption of liabilities to acquire assets on lease LiabilitiesToAcquireAssetsOnLease - USD Annual
Non-cash contribution from non-controlling interest NonCashContributionFromNonControlling - USD Annual
Non-cash contribution from non-controlling interest NonCashContributionFromNonControlling - USD Annual
Non-cash contribution from non-controlling interest NonCashContributionFromNonControlling $475.00K USD Annual
Non-cash contribution from non-controlling interest NonCashContributionFromNonControlling $475.00K USD Annual
Contingent earnout for Contrail Aviation Support, LLC ("Contrail") redeemed interest ContingentEarnoutForContrailRedeemedInterest $1.10M USD Annual
Contingent earnout for Contrail Aviation Support, LLC ("Contrail") redeemed interest ContingentEarnoutForContrailRedeemedInterest $1.10M USD Annual
Contingent earnout for Contrail Aviation Support, LLC ("Contrail") redeemed interest ContingentEarnoutForContrailRedeemedInterest - USD Annual
Contingent earnout for Contrail Aviation Support, LLC ("Contrail") redeemed interest ContingentEarnoutForContrailRedeemedInterest - USD Annual
Related-party note payable for Contrail redeemed interest RelatedPartyNotePayableForRedeemedInterest $4.57M USD Annual
Related-party note payable for Contrail redeemed interest RelatedPartyNotePayableForRedeemedInterest $4.57M USD Annual
Related-party note payable for Contrail redeemed interest RelatedPartyNotePayableForRedeemedInterest - USD Annual
Related-party note payable for Contrail redeemed interest RelatedPartyNotePayableForRedeemedInterest - USD Annual
Due from CAM expense reimbursements converted into notes receivable - CAM DueFromExpenseReimbursementsConvertedIntoNotesReceivable - USD Annual
Due from CAM expense reimbursements converted into notes receivable - CAM DueFromExpenseReimbursementsConvertedIntoNotesReceivable - USD Annual
Due from CAM expense reimbursements converted into notes receivable - CAM DueFromExpenseReimbursementsConvertedIntoNotesReceivable $2.50M USD Annual
Due from CAM expense reimbursements converted into notes receivable - CAM DueFromExpenseReimbursementsConvertedIntoNotesReceivable $2.50M USD Annual
Equipment leased or held for lease transferred to inventory EquipmentLeasedToCustomersTransferredToInventory $73.00K USD Annual
Equipment leased or held for lease transferred to inventory EquipmentLeasedToCustomersTransferredToInventory $73.00K USD Annual
Equipment leased or held for lease transferred to inventory EquipmentLeasedToCustomersTransferredToInventory - USD Annual
Equipment leased or held for lease transferred to inventory EquipmentLeasedToCustomersTransferredToInventory - USD Annual
Equipment in inventory transferred to assets on lease EquipmentInInventoryTransferredToAssetsOnLease $112.00K USD Annual
Equipment in inventory transferred to assets on lease EquipmentInInventoryTransferredToAssetsOnLease $112.00K USD Annual
Equipment in inventory transferred to assets on lease EquipmentInInventoryTransferredToAssetsOnLease $260.00K USD Annual
Equipment in inventory transferred to assets on lease EquipmentInInventoryTransferredToAssetsOnLease $260.00K USD Annual
Operating cash payments for operating leases OperatingLeasePayments $2.35M USD Annual
Operating cash payments for operating leases OperatingLeasePayments $2.35M USD Annual
Operating cash payments for operating leases OperatingLeasePayments $2.26M USD Annual
Operating cash payments for operating leases OperatingLeasePayments $2.26M USD Annual
Cash paid during the year for interest InterestPaidNet $8.44M USD Annual
Cash paid during the year for interest InterestPaidNet $8.44M USD Annual
Cash paid during the year for interest InterestPaidNet $3.89M USD Annual
Cash paid during the year for interest InterestPaidNet $3.89M USD Annual
Cash paid during the year for income taxes IncomeTaxesPaid $983.00K USD Annual
Cash paid during the year for income taxes IncomeTaxesPaid $983.00K USD Annual
Cash paid during the year for income taxes IncomeTaxesPaid $917.00K USD Annual
Cash paid during the year for income taxes IncomeTaxesPaid $917.00K USD Annual
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.93M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.93M USD Point-in-time
Restricted cash, current RestrictedCashCurrent $575.00K USD Point-in-time
Restricted cash, current RestrictedCashCurrent $575.00K USD Point-in-time
Restricted cash, long-term RestrictedCashNoncurrent $250.00K USD Point-in-time
Restricted cash, long-term RestrictedCashNoncurrent $250.00K USD Point-in-time
Total cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.84M USD Point-in-time
Total cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.84M USD Point-in-time
Total cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.76M USD Point-in-time
Total cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.76M USD Point-in-time
Total cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.09M USD Point-in-time
Total cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.09M USD Point-in-time
Stockholders Equity 68 line items
Line Item Tag Value Unit Period
Balance at the beginning (in shares) CommonStockSharesOutstanding 2.78M shares Point-in-time
Balance at the beginning (in shares) CommonStockSharesOutstanding 2.78M shares Point-in-time
Balance at the beginning (in shares) CommonStockSharesOutstanding 2.70M shares Point-in-time
Balance at the beginning (in shares) CommonStockSharesOutstanding 2.70M shares Point-in-time
Balance at the beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.52M USD Point-in-time
Balance at the beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.52M USD Point-in-time
Balance at the beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.82M USD Point-in-time
Balance at the beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.82M USD Point-in-time
Balance at the beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.98M USD Point-in-time
Balance at the beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.98M USD Point-in-time
Balance at the beginning (in shares) TreasuryStockCommonShares 327,606.00 shares Point-in-time
Balance at the beginning (in shares) TreasuryStockCommonShares 327,606.00 shares Point-in-time
Balance at the beginning (in shares) TreasuryStockCommonShares 256,850.00 shares Point-in-time
Balance at the beginning (in shares) TreasuryStockCommonShares 256,850.00 shares Point-in-time
Net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-6.12M USD Annual
Net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-6.12M USD Annual
Net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-6.85M USD Annual
Net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-6.85M USD Annual
Declared distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $98.00K USD Annual
Declared distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $98.00K USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $1.45M USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $1.45M USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $876.00K USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $876.00K USD Annual
Exercise of stock options (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 3,750.00 shares Annual
Exercise of stock options (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 3,750.00 shares Annual
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $26.00K USD Annual
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $26.00K USD Annual
Stock option forfeiture (Note 14) AdjustmentsToAdditionalPaidInCapitalStockOptionForfeiture $54.00K USD Annual
Stock option forfeiture (Note 14) AdjustmentsToAdditionalPaidInCapitalStockOptionForfeiture $54.00K USD Annual
Stock compensation expense StockIssuedDuringPeriodValueShareBasedCompensation $106.00K USD Annual
Stock compensation expense StockIssuedDuringPeriodValueShareBasedCompensation $106.00K USD Annual
Stock compensation expense StockIssuedDuringPeriodValueShareBasedCompensation $142.00K USD Annual
Stock compensation expense StockIssuedDuringPeriodValueShareBasedCompensation $142.00K USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $407.00K USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $407.00K USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-93.00K USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-93.00K USD Annual
Adjustment to fair value of redeemable non-controlling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-1.32M USD Annual
Adjustment to fair value of redeemable non-controlling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-1.32M USD Annual
Redemption of non-controlling interest NoncontrollingInterestDecreaseFromRedemptionsOrPurchaseOfInterestsIncludingRetainedEarnings $-224.00K USD Annual
Redemption of non-controlling interest NoncontrollingInterestDecreaseFromRedemptionsOrPurchaseOfInterestsIncludingRetainedEarnings $-224.00K USD Annual
Unrealized gain on interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $20.00K USD Annual
Unrealized gain on interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $20.00K USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $823.00K USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $823.00K USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $1.35M USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $1.35M USD Annual
Initial consolidation of CASP, LLC AdjustmentsToAdditionalPaidInCapitalOther $730.00K USD Annual
Initial consolidation of CASP, LLC AdjustmentsToAdditionalPaidInCapitalOther $730.00K USD Annual
Allocation of comprehensive income from unconsolidated investments ComprehensiveIncomeLossNetOfTaxAttributableToUnconsolidatedInvestments $-3.00K USD Annual
Allocation of comprehensive income from unconsolidated investments ComprehensiveIncomeLossNetOfTaxAttributableToUnconsolidatedInvestments $-3.00K USD Annual
Allocation of comprehensive income to redeemable non-controlling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests $-234.00K USD Annual
Allocation of comprehensive income to redeemable non-controlling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests $-234.00K USD Annual
Balance at the end (in shares) CommonStockSharesOutstanding 2.78M shares Point-in-time
Balance at the end (in shares) CommonStockSharesOutstanding 2.78M shares Point-in-time
Balance at the end (in shares) CommonStockSharesOutstanding 2.70M shares Point-in-time
Balance at the end (in shares) CommonStockSharesOutstanding 2.70M shares Point-in-time
Balance at the end StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.52M USD Point-in-time
Balance at the end StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.52M USD Point-in-time
Balance at the end StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.82M USD Point-in-time
Balance at the end StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.82M USD Point-in-time
Balance at the end StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.98M USD Point-in-time
Balance at the end StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.98M USD Point-in-time
Balance at the end (in shares) TreasuryStockCommonShares 327,606.00 shares Point-in-time
Balance at the end (in shares) TreasuryStockCommonShares 327,606.00 shares Point-in-time
Balance at the end (in shares) TreasuryStockCommonShares 256,850.00 shares Point-in-time
Balance at the end (in shares) TreasuryStockCommonShares 256,850.00 shares Point-in-time
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-5.41M USD Annual
Net loss ProfitLoss $-5.41M USD Annual
Net loss ProfitLoss $-4.68M USD Annual
Net loss ProfitLoss $-4.68M USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $407.00K USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $407.00K USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-93.00K USD Annual
Foreign currency translation income (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-93.00K USD Annual
Unrealized gain of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax $20.00K USD Annual
Unrealized gain of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax $20.00K USD Annual
Unrealized gain of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax - USD Annual
Unrealized gain of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax - USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $823.00K USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $823.00K USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $1.35M USD Annual
Reclassification of interest rate swaps into earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $1.35M USD Annual
Redemption of non-controlling interest MinorityInterestDecreaseFromRedemptions $-146.00K USD Annual
Redemption of non-controlling interest MinorityInterestDecreaseFromRedemptions $-146.00K USD Annual
Redemption of non-controlling interest MinorityInterestDecreaseFromRedemptions - USD Annual
Redemption of non-controlling interest MinorityInterestDecreaseFromRedemptions - USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $231.00K USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $231.00K USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax - USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax - USD Annual
Total Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-567.00K USD Annual
Total Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-567.00K USD Annual
Total Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-896.00K USD Annual
Total Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-896.00K USD Annual
Total Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.98M USD Annual
Total Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.98M USD Annual
Total Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.58M USD Annual
Total Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.58M USD Annual
Comprehensive Income Attributable to Non-controlling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $729.00K USD Annual
Comprehensive Income Attributable to Non-controlling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $729.00K USD Annual
Comprehensive Income Attributable to Non-controlling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.13M USD Annual
Comprehensive Income Attributable to Non-controlling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.13M USD Annual
Comprehensive Loss Attributable to Air T, Inc. Stockholders ComprehensiveIncomeNetOfTax $-7.71M USD Annual
Comprehensive Loss Attributable to Air T, Inc. Stockholders ComprehensiveIncomeNetOfTax $-7.71M USD Annual
Comprehensive Loss Attributable to Air T, Inc. Stockholders ComprehensiveIncomeNetOfTax $-6.71M USD Annual
Comprehensive Loss Attributable to Air T, Inc. Stockholders ComprehensiveIncomeNetOfTax $-6.71M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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