secwatch.observer — SEC 8-K summary ====================================== Issuer: AIR INDUSTRIES GROUP (AIRI) CIK: 0001009891 Form: 8-K Filed at: 2025-08-14T23:59:59+00:00 Accession: 0001213900-25-076027 Event type: earnings Sentiment: negative Materiality: 0.75 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Air Industries Q2 net loss $422k, revenue down 7%; lowers H2 outlook -------------------------------------------------------------------- - Q2 net sales $12.7M, down 6.7% YoY; net loss of $422k vs income of $298k in Q2 2024. - Adjusted EBITDA fell to $893k from $1.413M; gross margin dropped 350 bps to 16.0%. - First half net loss $1.4M vs $0.4M; revenue down 10.2% to $24.8M. - CEO cites customer order delays & subcontractor lead times; expects H2 2025 lower than H1. - July ATM raised $4.0M; workforce reduction to cut annual payroll ~$1.0M. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1009891/000121390025076027/0001213900-25-076027-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1009891/000121390025076027/ea0253193-8k_airindus.htm HTML page: https://secwatch.observer/filing/0001213900-25-076027 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer