XTIA Q1 2023 Earnings — XTI Aerospace, Inc. Revenue & Financial Results | Market Cap Arena

XTIAXTI Aerospace, Inc.

$52M

Q1 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$3M-40.7% YoY

Gross Profit

$749,00024.1% margin

Operating Income

-$7M-213.2% margin

Net Income

-$17M-543.6% margin

EPS (Diluted)

$-103.23

QoQ Revenue Growth

-41.3%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$141,000

Balance Sheet

Total Assets

$30M

Total Liabilities

$24M

Stockholders' Equity

$8M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$5M	-40.7%
Gross Profit	$749,000	$2M	-59.9%
Operating Income	-$7M	-$11M	+37.5%
Net Income	-$17M	-$11M	-50.5%