---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-028714"
form_type: "8-K"
ticker: "AIRI"
cik: "0001009891"
company_name: "AIR INDUSTRIES GROUP"
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:18:31.332369+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Air Industries reports preliminary FY2023 net loss of $2.13M; backlog up 14.7% to $98.3M

## Summary
- FY2023 net loss $2.13M (-$0.65 EPS) vs $1.08M loss in 2022; Q4 net income $181k ($0.06 EPS) vs $899k loss.
- FY2023 net sales $51.5M, down 3.2% YoY; Q4 sales $13.5M vs $13.9M in 2022.
- FY2023 adjusted EBITDA $2.69M ($3.54M in 2022); Q4 adjusted EBITDA $1.20M ($0.40M).
- Backlog $98.3M at Dec 31, 2023 (+14.7% YoY); book-to-bill 1.20x vs 0.75x in 2022.
- Expects late 10-K filing due to evaluation of internal controls and going concern; no impact on preliminary results.

## SEC filing metadata
- accession: 0001213900-24-028714
- form_type: 8-K
- ticker: AIRI
- cik: 0001009891
- company_name: AIR INDUSTRIES GROUP
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009891/000121390024028714/0001213900-24-028714-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009891/000121390024028714/ea0203011-8k_airind.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-028714
- JSON: https://secwatch.observer/filing/0001213900-24-028714.json
- Plain text: https://secwatch.observer/filing/0001213900-24-028714.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.