Airship AI Holdings (AISP) Company Report

Airship AI Holdings, Inc. reported net revenues of $1.2 million and a net income of $6.4 million, or $0.20 per basic share, for the third quarter ended September 30, 2025.
The company's gross profit was $0.6 million, with a gross margin of 51% for Q3 2025.
As of September 30, 2025, Airship AI had a backlog of $11 million and a validated pipeline of approximately $166 million.
Subsequent to the quarter end, the company raised approximately $9.7 million in aggregate gross proceeds from the exercise of existing warrants, fortifying its balance sheet.
The third quarter was impacted by challenges in the federal acquisition process under the new administration and a government shutdown, which slowed planned contracting activity, particularly within the Department of Homeland Security.

Nov 17, 2025, 2:01 PM

Airship AI Holdings, Inc. announces warrant exercise inducement offer

AISP

On October 8, 2025, Airship AI Holdings, Inc. entered into a warrant exercise inducement offer letter with a holder of its existing common stock warrants.
The offer encourages the holder to exercise 2,162,162 existing warrants at an exercise price of $4.50 per share, which is expected to generate approximately $9,729,729 in gross proceeds for working capital and general corporate purposes.
In consideration for the immediate cash exercise, the holder will receive new inducement warrants to purchase 2,702,702 shares of common stock at an exercise price of $6.20 per share, exercisable for five and one-half years from the date of issuance.
The inducement warrants were issued in a private placement, and the company has agreed to file a resale registration statement on Form S-3 with the SEC within twenty days to register the resale of the underlying shares.

Oct 9, 2025, 8:17 PM

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