{"schema_version":"secwatch.filing_event.v1","accession":"0000353184-26-000017","form_type":"8-K","ticker":"AIRT","cik":"0000353184","company_name":"AIR T INC","filed_at":"2026-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.378181+00:00","generated_at":"2026-05-16T02:51:30.762455+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Air T posts Q3 operating loss of $3.8M; acquires Rex with $95.8M bargain gain","bullets":["Revenue $71.1M (-9% YoY); operating loss $3.8M vs prior year income $1.4M; EPS $(0.91).","Acquired Rex Regional Airlines on Dec 18, 2025 for $11M; preliminary bargain purchase gain $95.8M.","Rex contributed $5.2M revenue (13 days) and $1.5M net loss in Q3.","Ground Support Equipment segment revenue up 8% to $12.8M; backlog doubles to $12.9M.","Commercial Aircraft segment revenue fell 42% to $18.8M; adj EBITDA swung to loss of $0.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0000353184-26-000017","json":"https://secwatch.observer/filing/0000353184-26-000017.json","markdown":"https://secwatch.observer/filing/0000353184-26-000017.md","text":"https://secwatch.observer/filing/0000353184-26-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/353184/000035318426000017/0000353184-26-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/353184/000035318426000017/airt-20260213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:51:30.762455+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}