XTIA Q2 2024 Earnings — XTI Aerospace, Inc. Revenue & Financial Results | Market Cap Arena

XTIAXTI Aerospace, Inc.

$52M

Q2 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$1M-49.9% YoY

Gross Profit

$662,00064.2% margin

Operating Income

-$14M-1350.8% margin

Net Income

-$15M-1426.8% margin

EPS (Diluted)

$-261.99

QoQ Revenue Growth

+368.6%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

-$59,000

Balance Sheet

Total Assets

$34M

Total Liabilities

$23M

Stockholders' Equity

$11M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1M	$2M	-49.9%
Gross Profit	$662,000	$1M	-44.6%
Operating Income	-$14M	-$6M	-128.6%
Net Income	-$15M	-$7M	-111.2%