XTIA Q2 2023 Earnings — XTI Aerospace, Inc. Revenue & Financial Results | Market Cap Arena

XTIAXTI Aerospace, Inc.

$52M

Q2 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$2M-56.5% YoY

Gross Profit

$1M58.0% margin

Operating Income

-$6M-296.1% margin

Net Income

-$7M-338.6% margin

EPS (Diluted)

$-296.81

QoQ Revenue Growth

-33.7%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$30M

Total Liabilities

$24M

Stockholders' Equity

$8M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$5M	-56.5%
Gross Profit	$1M	$2M	-39.1%
Operating Income	-$6M	-$12M	+50.0%
Net Income	-$7M	-$20M	+64.9%