10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-17-017683 |
| Period End Date | 20170630 |
| Filing Date | 20171026 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | airt-20170630.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
110 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.76M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.97M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.35M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.89M | USD | Point-in-time |
| Marketable securities |
MarketableSecuritiesCurrent
|
$1.98M | USD | Point-in-time |
| Marketable securities |
MarketableSecuritiesCurrent
|
$2.13M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$890.37K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.76M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$890.37K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.97M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.35M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.89M | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$958.00K | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$979.00K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$20.80M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$18.92M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$20.80M | USD | Point-in-time |
| Notes and other receivables-current |
NotesAndOtherReceivablesNetCurrentTotal
|
$2.30M | USD | Point-in-time |
| Notes and other receivables-current |
NotesAndOtherReceivablesNetCurrentTotal
|
$1.49M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$18.92M | USD | Point-in-time |
| Notes and other receivables-current |
NotesAndOtherReceivablesNetCurrentTotal
|
$2.30M | USD | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$402.69K | USD | Point-in-time |
| Notes and other receivables-current |
NotesAndOtherReceivablesNetCurrentTotal
|
$1.49M | USD | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$47.50K | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$19.78M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$19.78M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$25.35M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$25.35M | USD | Point-in-time |
| Prepayments and other |
PrepaidExpenseCurrent
|
$1.67M | USD | Point-in-time |
| Prepayments and other |
PrepaidExpenseCurrent
|
$1.67M | USD | Point-in-time |
| Prepayments and other |
PrepaidExpenseCurrent
|
$1.43M | USD | Point-in-time |
| Prepayments and other |
PrepaidExpenseCurrent
|
$1.43M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$48.86M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.32M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$53.87M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.36M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$11.57M | USD | Point-in-time |
| Investments in Available-For-Sale Securities |
AvailableForSaleSecuritiesNoncurrent
|
$1.72M | USD | Point-in-time |
| Investments in Available-For-Sale Securities |
AvailableForSaleSecuritiesNoncurrent
|
$2.46M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$10.83M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.32M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.36M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$8.82M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$8.67M | 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 |
| Cash surrender value of life insurance policies |
CashSurrenderValueOfLifeInsurance
|
$2.25M | USD | Point-in-time |
| Cash surrender value of life insurance policies |
CashSurrenderValueOfLifeInsurance
|
$2.27M | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
50,000.00 | shares | Point-in-time |
| Notes and other receivables-long-term |
NotesAndLoansReceivableNetNoncurrent
|
$66.77K | USD | Point-in-time |
| Notes and other receivables-long-term |
NotesAndLoansReceivableNetNoncurrent
|
- | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
50,000.00 | shares | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.25 | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
- | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.25 | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$204.00K | 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 |
| Other assets |
OtherAssetsNoncurrent
|
$371.98K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$786.23K | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
2.04M | shares | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.30M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
2.04M | shares | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.38M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
2.04M | shares | Point-in-time |
| Goodwill |
Goodwill
|
$4.42M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.42M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
2.04M | shares | Point-in-time |
| Total Assets |
Assets
|
$69.73M | USD | Point-in-time |
| Total Assets |
Assets
|
$65.34M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$11.57M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$10.83M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$8.82M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$8.67M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$25.00K | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$2.23M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$20.27M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$21.87M | USD | Point-in-time |
| Long-term debt |
LongTermLineOfCredit
|
$20.86M | USD | Point-in-time |
| Long-term debt |
LongTermLineOfCredit
|
$18.41M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$27.89K | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$8.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$3.04M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$2.09M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$44.85M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$41.73M | USD | Point-in-time |
| Redeemable non-controlling interest |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$1.71M | USD | Point-in-time |
| Redeemable non-controlling interest |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$1.44M | USD | Point-in-time |
| Commitments and Contingencies (Notes 2, 8 and 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Notes 2, 8 and 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $1.00 par value, 50,000 shares authorized |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $1.00 par value, 50,000 shares authorized |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $.25 par value; 4,000,000 shares authorized, 2,042,789 shares issued and outstanding |
CommonStockValue
|
$510.70K | USD | Point-in-time |
| Common stock, $.25 par value; 4,000,000 shares authorized, 2,042,789 shares issued and outstanding |
CommonStockValue
|
$510.70K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$4.18M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$4.21M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$19.43M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$18.46M | USD | Point-in-time |
| Accumulated other comprehensive loss, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-171.41K | USD | Point-in-time |
| Accumulated other comprehensive loss, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-212.05K | USD | Point-in-time |
| Total Air T, Inc. Stockholders' Equity |
StockholdersEquity
|
$22.97M | USD | Point-in-time |
| Total Air T, Inc. Stockholders' Equity |
StockholdersEquity
|
$23.95M | USD | Point-in-time |
| Non-controlling Interests |
MinorityInterest
|
$-803.14K | USD | Point-in-time |
| Non-controlling Interests |
MinorityInterest
|
$-785.74K | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$23.16M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$35.27M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$22.16M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$27.37M | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$69.73M | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$65.34M | USD | Point-in-time |
Income Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Operating Revenues |
Revenues
|
$47.70M | USD | 1 Quarter |
| Operating Revenues |
Revenues
|
$30.49M | USD | 1 Quarter |
| Overnight air cargo |
OvernightAirCargo
|
$14.56M | USD | 1 Quarter |
| Overnight air cargo |
OvernightAirCargo
|
$14.42M | USD | 1 Quarter |
| Ground equipment sales |
GroundEquipmentExpense
|
$3.42M | USD | 1 Quarter |
| Ground equipment sales |
GroundEquipmentExpense
|
$4.75M | USD | 1 Quarter |
| Ground support services |
GroundSupportExpenses
|
$7.42M | USD | 1 Quarter |
| Ground support services |
GroundSupportExpenses
|
$5.39M | USD | 1 Quarter |
| Printing equipment and maintenance |
PrintingEquipmentAndMaintenanceExpense
|
$1.50M | USD | 1 Quarter |
| Printing equipment and maintenance |
PrintingEquipmentAndMaintenanceExpense
|
$6.01M | USD | 1 Quarter |
| Commercial jet engines and parts |
CommercialJetEngineExpense
|
- | USD | 1 Quarter |
| Commercial jet engines and parts |
CommercialJetEngineExpense
|
$10.07M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$510.96K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$195.65K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$5.83M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.59M | USD | 1 Quarter |
| Depreciation, amortization and impairment |
DepreciationAmortizationAndImpairment
|
$398.83K | USD | 1 Quarter |
| Depreciation, amortization and impairment |
DepreciationAmortizationAndImpairment
|
$1.99M | USD | 1 Quarter |
| Gain on sale of property and equipment |
GainLossOnDispositionOfAssets1
|
- | USD | 1 Quarter |
| Gain on sale of property and equipment |
GainLossOnDispositionOfAssets1
|
$1.09K | USD | 1 Quarter |
| OperatingExpenses |
OperatingExpenses
|
$45.48M | USD | 1 Quarter |
| OperatingExpenses |
OperatingExpenses
|
$37.57M | USD | 1 Quarter |
| Operating Income (Loss) |
OperatingIncomeLoss
|
$2.21M | USD | 1 Quarter |
| Operating Income (Loss) |
OperatingIncomeLoss
|
$-7.07M | USD | 1 Quarter |
| Gain on sale of marketable securities |
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
|
- | USD | 1 Quarter |
| Gain on sale of marketable securities |
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$143.87K | USD | 1 Quarter |
| Foreign currency gain (loss), net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-188.62K | USD | 1 Quarter |
| Foreign currency gain (loss), net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$91.79K | USD | 1 Quarter |
| Other-than-temporary impairment loss on investments |
ImpairmentOfInvestments
|
$1.50M | USD | 1 Quarter |
| Other-than-temporary impairment loss on investments |
ImpairmentOfInvestments
|
$771.17K | USD | 1 Quarter |
| Other investment income, net |
InvestmentIncomeNet
|
$30.65K | USD | 1 Quarter |
| Other investment income, net |
InvestmentIncomeNet
|
$42.69K | USD | 1 Quarter |
| Interest expense and other |
OtherNonoperatingIncomeExpense
|
$-64.01K | USD | 1 Quarter |
| Interest expense and other |
OtherNonoperatingIncomeExpense
|
$-149.52K | USD | 1 Quarter |
| Bargain purchase acquisition gain, net of tax |
BusinessCombinationBargainPurchaseGainRecognizedAmountNet
|
- | USD | 1 Quarter |
| Bargain purchase acquisition gain, net of tax |
BusinessCombinationBargainPurchaseGainRecognizedAmountNet
|
$501.88K | USD | 1 Quarter |
| Equity in loss of associated company |
GainLossOnSaleOfEquityInvestments
|
- | USD | 1 Quarter |
| Equity in loss of associated company |
GainLossOnSaleOfEquityInvestments
|
$-31.90K | USD | 1 Quarter |
| NonoperatingIncomeExpense |
NonoperatingIncomeExpense
|
$-608.69K | USD | 1 Quarter |
| NonoperatingIncomeExpense |
NonoperatingIncomeExpense
|
$-1.29M | USD | 1 Quarter |
| Income (Loss) Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-8.36M | USD | 1 Quarter |
| Income (Loss) Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.60M | USD | 1 Quarter |
| Income Taxes |
IncomeTaxExpenseBenefit
|
$374.00K | USD | 1 Quarter |
| Income Taxes |
IncomeTaxExpenseBenefit
|
$-372.00K | USD | 1 Quarter |
| Net Income (Loss) |
ProfitLoss
|
$-7.99M | USD | 1 Quarter |
| Net Income (Loss) |
ProfitLoss
|
$1.23M | USD | 1 Quarter |
| Net (Income) Loss Attributable to Non-controlling Interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$261.49K | USD | 1 Quarter |
| Net (Income) Loss Attributable to Non-controlling Interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-2.24M | USD | 1 Quarter |
| Net Income (Loss) Attributable to Air T, Inc. Stockholders |
NetIncomeLoss
|
$-5.75M | USD | 1 Quarter |
| Net Income (Loss) Attributable to Air T, Inc. Stockholders |
NetIncomeLoss
|
$968.39K | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.47 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-2.42 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-2.42 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.47 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
2.37M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
2.04M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
2.05M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
2.37M | shares | 1 Quarter |
Cash Flow Statement
82 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-7.99M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$1.23M | USD | 1 Quarter |
| Gain on sale of marketable securities |
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
|
- | USD | 1 Quarter |
| Gain on sale of marketable securities |
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$143.87K | USD | 1 Quarter |
| Gain on sale of property and equipment |
GainLossOnDispositionOfAssets1
|
- | USD | 1 Quarter |
| Gain on sale of property and equipment |
GainLossOnDispositionOfAssets1
|
$1.09K | USD | 1 Quarter |
| Change in inventory reserves |
IncreaseDecreaseInInventoryReserve
|
$-2.43M | USD | 1 Quarter |
| Change in inventory reserves |
IncreaseDecreaseInInventoryReserve
|
$405.30K | USD | 1 Quarter |
| Change in accounts receivable reserves |
IncreaseDecreaseInAccountsReceivableReserves
|
$20.95K | USD | 1 Quarter |
| Change in accounts receivable reserves |
IncreaseDecreaseInAccountsReceivableReserves
|
$86.05K | USD | 1 Quarter |
| Depreciation, amortization and impairment |
DepreciationAmortizationAndImpairment
|
$398.83K | USD | 1 Quarter |
| Depreciation, amortization and impairment |
DepreciationAmortizationAndImpairment
|
$1.99M | USD | 1 Quarter |
| Change in cash surrender value of life insurance |
IncreaseDecreaseInInsuranceAssets
|
$14.34K | USD | 1 Quarter |
| Change in cash surrender value of life insurance |
IncreaseDecreaseInInsuranceAssets
|
$18.57K | USD | 1 Quarter |
| Deferred Income Tax Expense (Benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-501.88K | USD | 1 Quarter |
| Deferred Income Tax Expense (Benefit) |
DeferredIncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Warranty reserve |
ProductWarrantyAccrualPeriodIncreaseDecrease
|
$27.71K | USD | 1 Quarter |
| Warranty reserve |
ProductWarrantyAccrualPeriodIncreaseDecrease
|
$39.00K | USD | 1 Quarter |
| Other-than-temporary impairment loss on investments |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
$1.50M | USD | 1 Quarter |
| Other-than-temporary impairment loss on investments |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
$771.17K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.07M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-1.12M | USD | 1 Quarter |
| Notes receivable |
IncreaseDecreaseInReceivables
|
$-811.21K | USD | 1 Quarter |
| Notes receivable |
IncreaseDecreaseInReceivables
|
$406.55K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.90M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$5.70M | USD | 1 Quarter |
| Prepayments and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-380.03K | USD | 1 Quarter |
| Prepayments and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-534.76K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-1.05M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.86M | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$744.23K | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.21M | USD | 1 Quarter |
| Income taxes payable/receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-355.19K | USD | 1 Quarter |
| Income taxes payable/receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$428.13K | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-207.49K | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$47.24K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-3.37M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$3.23M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-4.76M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.14M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$924.62K | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$30.48K | USD | 1 Quarter |
| Proceeds from sale of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
- | USD | 1 Quarter |
| Proceeds from sale of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$1.22M | USD | 1 Quarter |
| Business combinations |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$2.90M | USD | 1 Quarter |
| Business combinations |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$519.57K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$490.00K | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.86K | USD | 1 Quarter |
| Increase in restricted cash |
IncreaseDecreaseInRestrictedCash
|
- | USD | 1 Quarter |
| Increase in restricted cash |
IncreaseDecreaseInRestrictedCash
|
$3.41K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-232.50K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.42M | USD | 1 Quarter |
| Proceeds from lines of credit |
ProceedsFromLinesOfCredit
|
$17.00M | USD | 1 Quarter |
| Proceeds from lines of credit |
ProceedsFromLinesOfCredit
|
$12.05M | USD | 1 Quarter |
| Payments on lines of credit |
RepaymentsOfLinesOfCredit
|
$14.52M | USD | 1 Quarter |
| Payments on lines of credit |
RepaymentsOfLinesOfCredit
|
$8.73M | USD | 1 Quarter |
| Proceeds from term loan |
ProceedsFromIssuanceOfLongTermDebt
|
$2.40M | USD | 1 Quarter |
| Proceeds from term loan |
ProceedsFromIssuanceOfLongTermDebt
|
- | USD | 1 Quarter |
| Payments on term loan |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Payments on term loan |
RepaymentsOfLongTermDebt
|
$200.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$4.68M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$3.63M | USD | 1 Quarter |
| Effect of foreign currency exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$6.06K | USD | 1 Quarter |
| Effect of foreign currency exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-19.45K | USD | 1 Quarter |
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-874.54K | USD | 1 Quarter |
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.38M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$2.76M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$3.97M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$5.35M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$1.89M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$2.76M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$3.97M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$5.35M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$1.89M | USD | Point-in-time |
| Finished goods inventory transferred to property and equipment |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
$321.35K | USD | 1 Quarter |
| Finished goods inventory transferred to property and equipment |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
- | USD | 1 Quarter |
| Interest |
InterestPaid
|
$160.19K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$2.32K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$56.13K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$18.81K | USD | 1 Quarter |
Stockholders Equity
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$23.16M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$35.27M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$22.16M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$27.37M | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$-7.99M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$1.23M | USD | 1 Quarter |
| Net change from marketable securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$241.28K | USD | 1 Quarter |
| Net change from marketable securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-95.00K | USD | 1 Quarter |
| Foreign currency translation gain (loss) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-150.31K | USD | 1 Quarter |
| Foreign currency translation gain (loss) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$134.79K | USD | 1 Quarter |
| Net income* |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$986.63K | USD | 1 Quarter |
| Redeemable non-controlling interest |
AdjustmentToAdditionalPaidInCapitalRedeemableNoncontrollingInterest
|
$-25.00K | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$23.16M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$35.27M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$22.16M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$27.37M | USD | Point-in-time |
Comprehensive Income
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-7.99M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$1.23M | USD | 1 Quarter |
| Foreign currency translation gain (loss) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-150.31K | USD | 1 Quarter |
| Foreign currency translation gain (loss) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$134.79K | USD | 1 Quarter |
| Unrealized net loss on marketable securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-981.37K | USD | 1 Quarter |
| Unrealized net loss on marketable securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-920.31K | USD | 1 Quarter |
| Tax effect of unrealized net loss on marketable securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-331.76K | USD | 1 Quarter |
| Tax effect of unrealized net loss on marketable securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-353.29K | USD | 1 Quarter |
| Total unrealized net loss on marketable securities, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-588.55K | USD | 1 Quarter |
| Total unrealized net loss on marketable securities, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-628.08K | USD | 1 Quarter |
| Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss) before income taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
$771.17K | USD | 1 Quarter |
| Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss) before income taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
$1.36M | USD | 1 Quarter |
| Tax effect of reclassification |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$489.01K | USD | 1 Quarter |
| Tax effect of reclassification |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$277.62K | USD | 1 Quarter |
| Reclassification adjustment, net of tax |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$869.36K | USD | 1 Quarter |
| Reclassification adjustment, net of tax |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$493.55K | USD | 1 Quarter |
| Total Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$90.97K | USD | 1 Quarter |
| Total Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$39.79K | USD | 1 Quarter |
| Total Comprehensive Income (Loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-7.90M | USD | 1 Quarter |
| Total Comprehensive Income (Loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$1.27M | USD | 1 Quarter |
| Comprehensive (Income) Loss Attributable to Non-controlling Interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$260.65K | USD | 1 Quarter |
| Comprehensive (Income) Loss Attributable to Non-controlling Interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-2.29M | USD | 1 Quarter |
| Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders |
ComprehensiveIncomeNetOfTax
|
$1.01M | USD | 1 Quarter |
| Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders |
ComprehensiveIncomeNetOfTax
|
$-5.61M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.