Microcap Ledger

Tickers · $XTIA

XTI Aerospace, Inc. $XTIA

By Microcap Ledger desk · CIK 0001529113

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Services-Computer Programming Services
Headquarters
Las Colinas, TX
Fiscal year end
December 31
Shares outstanding
38,477,789 [10-Q 2026-05-14]
as of 2026-05-14

Sources: [10-K 2026-04-15]

What the company doesAI summary of filing

XTI Aerospace is a provider of unmanned aerial systems (UAS) solutions operating through three business divisions: a commercial drone solutions business conducted through its majority-owned subsidiary Drone Nerds, which generates substantially all of the company's revenues through hardware distribution, training, repair services, and fleet support to enterprise and government customers; an advanced systems and defense division focused on designing and developing unmanned platforms for defense applications, which has not yet generated revenues; and a domestic manufacturing and technology division in early-stage development focused on U.S.-based production capabilities, which has also not generated revenues. The company is at the revenue-generating stage for its commercial drone business but pre-revenue for its other divisions. [10-K 2026-04-15]

Segments: Commercial Drone Solutions (Drone Nerds), Autonomous Defense Systems (ADS), Advanced Technology and Manufacturing (ATM)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
3 months to Mar 2026$27.70M−$35.27M −$10.45M$15.19M[10-Q 2026-05-14]
FY ended Dec 2025$22.49M−$68.76M −$36.61M$16.70M[10-K 2026-04-15]
FY ended Dec 2024$3.20M−$35.60M −$22.31M$3.97M[10-K 2025-04-15]
Quarterly cash burn
−$10.45M
Cash runway Estimate
~4.4 months

Estimate: cash at the end of the period (3 months to Mar 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-08-1435,380,840[10-Q 2024-08-14]
2024-11-14151,589,927[10-Q 2024-11-14]
2025-04-115,537,540[10-K 2025-04-15]
2025-05-156,287,540[10-Q 2025-05-19]
2025-08-1320,253,316[10-Q 2025-08-14]
2025-11-1832,786,816[10-Q 2025-11-19]
2026-03-3138,472,204[10-K 2026-04-15]
2026-05-1438,477,789[10-Q 2026-05-14]
Shelf registration
S-3 filed 2026-01-15; declared effective 2026-01-23 [S-3 2026-01-15]

Listing status

Current status: 2 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-09-01. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-09-018-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-09-01]
2024-11-128-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2024-11-12]

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.