📊 AISPW Key Takeaways
Is Airship AI Holdings, Inc. (AISPW) a Good Investment?
Airship AI presents severe financial distress with negative stockholders equity of -$7.1M, indicating the company is technically insolvent. Despite exceptional revenue growth and a positive net income figure, the company is burning cash at an alarming rate (-$8.0M operating cash flow) and operating at a -47.1% margin, revealing the growth is not sustainable. The highly suspicious net margin of 191.4% coupled with negative equity raises material concerns about accounting quality and financial statement reliability.
Airship AI is showing exceptional top-line growth, but the quality of that growth is weak because core operations remain deeply unprofitable and cash consumptive. The large net income appears inconsistent with operating losses and negative operating cash flow, suggesting material non-operating or one-time items rather than durable earnings power. Negative equity further weakens the balance sheet despite a currently solid cash position.
Airship AI Holdings, Inc. Key Strengths (AISPW)
- Exceptional revenue growth of 5,318% YoY demonstrates market demand
- Positive gross margin of 50.2% indicates pricing power and product-market fit
- Strong cash position of $11.8M provides near-term liquidity runway
- Revenue growth is extremely strong, indicating rising demand and commercial traction
- Gross margin of 50.2% suggests the software/business mix can support scalable economics if operating costs are controlled
- Cash of $11.75M and a 2.94x current ratio provide near-term liquidity support
AISPW Stock Risks: Airship AI Holdings, Inc. Investment Risks
- Negative stockholders equity of -$7.1M indicates technical insolvency and existential solvency risk
- Severe cash burn of -$8.0M operating cash flow with -52.2% FCF margin unsustainable at current trajectory
- Abnormal net margin of 191.4% coupled with negative operating income suggests non-recurring gains, one-time items, or accounting irregularities requiring investigation
- Operating margin of -47.1% indicates unprofitable core business operations despite revenue growth
- Negative interest coverage of -12.3x reflects inability to service debt from operations
- Operating margin of -47.1% shows the core business is still far from sustainable profitability
- Operating cash flow and free cash flow of -$8.00M indicate the business is burning cash despite reported net income
- Negative stockholders equity of -$7.15M signals a weak capital structure and limits financial flexibility
Key Metrics to Watch
- Quarterly operating cash flow trend and path to positive operating cash generation
- Operating margin improvement and timeline to operating profitability
- Stockholders equity recovery and identification of one-time gains inflating net income
- Operating cash flow improvement relative to revenue growth
- Operating margin trend and whether gross profit begins converting into durable net earnings
Airship AI Holdings, Inc. (AISPW) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.94x current ratio provides a solid financial cushion.
AISPW Profit Margin, ROE & Profitability Analysis
AISPW vs Technology Sector: How Airship AI Holdings, Inc. Compares
How Airship AI Holdings, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Airship AI Holdings, Inc. Stock Overvalued? AISPW Valuation Analysis 2026
Based on fundamental analysis, Airship AI Holdings, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Airship AI Holdings, Inc. Balance Sheet: AISPW Debt, Cash & Liquidity
AISPW Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Airship AI Holdings, Inc.'s revenue has grown significantly by 58% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.34 indicates the company is currently unprofitable.
AISPW Revenue Growth, EPS Growth & YoY Performance
AISPW Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $5.5M | -$720.6K | $-0.02 |
| Q3 2025 | $1.2M | $6.2M | $0.15 |
| Q2 2025 | $2.1M | -$49.1K | $0.00 |
| Q1 2025 | $5.5M | $23.7M | $0.61 |
| Q3 2024 | $2.4M | -$1.7M | $-0.07 |
| Q2 2024 | $2.8M | -$1.7M | $-0.14 |
| Q1 2024 | $2.9M | -$1.7M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Airship AI Holdings, Inc. Dividends, Buybacks & Capital Allocation
AISPW SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Airship AI Holdings, Inc. (CIK: 0001842566)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AISPW
What is the AI rating for AISPW?
Airship AI Holdings, Inc. (AISPW) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AISPW's key strengths?
Claude: Exceptional revenue growth of 5,318% YoY demonstrates market demand. Positive gross margin of 50.2% indicates pricing power and product-market fit. ChatGPT: Revenue growth is extremely strong, indicating rising demand and commercial traction. Gross margin of 50.2% suggests the software/business mix can support scalable economics if operating costs are controlled.
What are the risks of investing in AISPW?
Claude: Negative stockholders equity of -$7.1M indicates technical insolvency and existential solvency risk. Severe cash burn of -$8.0M operating cash flow with -52.2% FCF margin unsustainable at current trajectory. ChatGPT: Operating margin of -47.1% shows the core business is still far from sustainable profitability. Operating cash flow and free cash flow of -$8.00M indicate the business is burning cash despite reported net income.
What is AISPW's revenue and growth?
Airship AI Holdings, Inc. reported revenue of $15.3M.
Does AISPW pay dividends?
Airship AI Holdings, Inc. does not currently pay dividends.
Where can I find AISPW SEC filings?
Official SEC filings for Airship AI Holdings, Inc. (CIK: 0001842566) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AISPW's EPS?
Airship AI Holdings, Inc. has a diluted EPS of $0.76.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is AISPW's fundamental grade?
Based on our AI fundamental analysis in June 2026, Airship AI Holdings, Inc. has a C grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is AISPW stock overvalued or undervalued?
Valuation metrics for AISPW: ROE of N/A (sector avg: 22%), net margin of 191.4% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is AISPW's AI grade for 2026?
Our dual AI analysis gives Airship AI Holdings, Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is AISPW's free cash flow?
Airship AI Holdings, Inc.'s operating cash flow is $-8.0M, with capital expenditures of N/A. FCF margin is -52.2%.
How does AISPW compare to other Technology stocks?
Vs Technology sector averages: Net margin 191.4% (avg: 18%), ROE N/A (avg: 22%), current ratio 2.94 (avg: 2.5).