XTI Aerospace ends internal review with no misstatements; prelim Q2 revenue $32.4M, withdraws 2026 guidance

XTI Aerospace, Inc.

Preliminary Q2 2026 results: revenue ~$32.4M, gross profit ~$5.6M, loss from operations ~$9.1M; unaudited and subject to financial closing procedures.
Withdraws its previously issued 2026 financial guidance and expects to provide a comprehensive update at a later date.
Internal review begun July 2026 involving the former CEO who resigned August 17, 2026 found no financial misstatements; Form 10-Q expected by October 26, 2026.
Interim CEO Jeremy Schneiderman said the company is better positioned on governance; CFO Brooke Turk signed the report; Board to implement governance enhancements.
The review followed a Form 12b-25 late-filing notice dated August 17, 2026; the Q2 10-Q is still pending.

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