secwatch.observer — SEC 8-K summary
======================================

Issuer:     Airship AI Holdings, Inc. (AISP)
CIK:        0001842566
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001654954-24-004056
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Airship AI FY 2023 revenue $12.3M; guides triple-digit growth in 2024
---------------------------------------------------------------------

- Revenue $12.3M, gross profit $5.8M (47% margin); operating loss $6.6M includes $2.9M stock comp.
- Net income $16.4M driven by $23M non-cash gain from warrant/earnout liability revaluation.
- Backlog $11.8M; validated pipeline $140M; awarded DHS $10.9M contracts and DOJ contract.
- Expects triple-digit revenue growth and positive cash flow in 2024.
- Cash $3.1M; net cash used in ops $3.3M; public listing completed Dec 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842566/000165495424004056/0001654954-24-004056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842566/000165495424004056/airsp_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-004056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer