XTI Aerospace, Inc. — fact timeline

XTI Aerospace, Inc. reported full year 2026 results: revenue $160 million or greater. Guidance initiated.

“Company guidance: ● Expecting full year 2026 revenue of $160 million or greater”

XTI Aerospace, Inc. reported the fiscal year ended December 31, 2025 results: revenue $121.6 million, net income $39.0 million.

“2025 full year pro forma, XTI reported the following highlights (1) (includes Drone Nerds as if the acquisition had occurred as of January 1, 2024): ● Revenue of $121.6 million ● Gross profit of $26.8 million ● Gross profit as a percentage of revenue of 22.0 percent ● Net loss from continuing operations of $39.0 million”

XTI Aerospace, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $41.7 million, net income $7.6 million.

“combined financial information. 2025 pro forma fourth quarter XTI highlights (1) (includes Drone Nerds as if the acquisition had occurred as of January 1, 2024): ● Revenue of $41.7 million ● Gross profit of $8.1 million ● Gross profit as a percentage of revenue of 19.5 percent ● Net loss from continuing operations of $7.6 million 2025 full year pro forma, XTI”

XTI Aerospace, Inc. incurred revolving credit of $20 million with JPMorgan Chase Bank, N.A. at CBFR plus the applicable margin of 2% maturing February 11, 2029.

“Credit Agreement”) with the other Loan Parties party thereto and JPMorgan Chase Bank, N.A. (the “Lender”). The “Loan Parties” include the Borrowers, the Borrowers’ U.S.”

XTI Aerospace, Inc. entered into Credit Agreement with JPMorgan Chase Bank, N.A. valued at up to $20 million (effective 2026-02-11).

“On February 11, 2026, Drone Nerds, LLC, a Florida limited liability company (“Drone Nerds”) and subsidiary of XTI Aerospace, Inc. (the “Company”), and Anzu Robotics, LLC, a Delaware limited liability company and subsidiary of the Company (“Anzu”; Drone Nerds and Anzu, collectively, the “Borrowers”), entered into a Credit Agreement (the “Credit Agreement”) with the other Loan Parties party thereto and JPMorgan Chase Bank, N.A. (the “Lender”).”

XTI Aerospace, Inc. entered into Share Purchase and Transfer Agreement with EVO 467. GmbH valued at EUR 4,640,000 (approximately $5,475,000) (effective 2026-02-03).

“On February 3, 2026 (the “Signing Date” and the “Closing Date”), XTI Aerospace, Inc. (the “Company”) completed the disposition of the Inpixon Business (as defined below) pursuant to a Share Purchase and Transfer Agreement (the “SPA”) entered into on the same date with EVO 467. GmbH, a German limited liability company (the “Purchaser”).”

XTI Aerospace, Inc. completed a disposition involving EVO 467. GmbH for EUR 4,640,000 (approx. $5,475,000) deferred purchase price, bearing 5% interest, with an Unwind Option (closed 2026-02-03).

“Company sold and assigned to the Purchaser all of the shares (the “Inpixon Shares”) of Inpixon GmbH, a German limited liability company (“Inpixon”), for a purchase price of EUR 4,640,000 (approximately $5,475,000 based on the exchange rate on the Signing Date) (the “Purchase Price”), the payment of which is deferred and subject to the Unwind Option, as described”

XTI Aerospace, Inc. incurred loan of $10,976,284.58 with The Origin Group DN, Inc. at Not specified maturing Not specified.

“issued DN Seller a promissory note in the original principal amount of $10,976,284.58 (the “DN Note”) in exchange for 30% of the Drone Nerds Interests”

XTI Aerospace, Inc. completed an acquisition involving Drone Nerds, LLC and Anzu Robotics, LLC for $16,727,356.00 in cash, a promissory note in the original principal amount of $10,976,284.58, and 6,002,610 Class B Units with a fair market value of $8,955,894 (closed 2025-11-10).

“company as part of a reorganization for tax purposes. Pursuant to the DN Purchase Agreement, in exchange for the Drone Nerds Interests, XTI Drones Holdings (i) paid DN Seller $16,727,356.00 in cash in exchange for 46% of the Drone Nerds Interests, (ii) issued DN Seller a promissory note in the original principal amount of $10,976,284.58 (the “DN Note”) in exchange”

XTI Aerospace, Inc.: Adopted amended and restated bylaws modernizing and clarifying bylaws, including advance notice provisions, removing director limit, restricting stockholder written consent, and adding exclusive forum provisions (effective 2025-08-13).

“On August 13, 2025, the board of directors (the “Board”) of XTI Aerospace, Inc. (the “Company”) adopted amended and restated bylaws of the Company (as amended and restated, the “Amended and Restated Bylaws”), effective on such date.”

Jennifer Gaines was appointed as Chief Legal Officer at XTI Aerospace, Inc..

“the Company announced that, effective as of October 28, 2024, the board of directors (the “Board”) of the Company appointed Jennifer Gaines as the Company’s Chief Legal Officer.”

Tobin Arthur was appointed as Chief Strategy Officer at XTI Aerospace, Inc..

“On September 23, 2024, XTI Aerospace, Inc. (the “Company”) announced that, effective as of September 19, 2024, the board of directors (the “Board”) of the Company appointed Tobin Arthur as the Company’s Chief Strategy Officer.”

Leonard Oppenheim resigned as Director at XTI Aerospace, Inc..

“Ms. Axton’s appointment fills the vacancy created by the resignation of Leonard Oppenheim.”

Tensie Axton was appointed as Class III director at XTI Aerospace, Inc..

“Effective as of May 13, 2024, the Board of Directors (the “Board”) of XTI Aerospace, Inc. (the “Company”) appointed Tensie Axton to the Board as a Class III director”

XTI Aerospace, Inc.: Certificate of Amendment to Series 9 Preferred Stock Certificate of Designation to allow payment in securities or other property upon a Corporation Optional Conversion, adjust notice timing, and eliminate majority consent requirement for debt repayment to Series 9 holders (effective 2024-04-30).

“On April 30, 2024, the Company filed a Certificate of Amendment to Designations of Preferences and Rights of Series 9 Preferred Stock (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada, which now allows the Company to pay the holders of Series 9 Preferred Stock, if such holders agree, with securities or other property of the Company in an amount equal to the Series 9 Preferred Liquidation Amount (as defined in the Series 9 Preferred Stock Certificate of Designation) in the event the Company elects to redeem all of any portion of the Series 9 Preferred Stock then issued and outstanding (a “Corporation Optional Conversion”).”

XTI Aerospace, Inc. incurred loan of $1,305,000.00 with Streeterville Capital, LLC at 10% per annum maturing 12 months from the issuance date.

“On May 1, 2024, XTI Aerospace, Inc. (the “Company”) entered into a note purchase agreement (the “Purchase Agreement”) with Streeterville Capital, LLC (the “Holder”), pursuant to which the Company agreed to issue and sell to the Holder a secured promissory note (the “Note”) in an initial principal amount of $1,305,000.00 (the “Initial Principal Amount”), which is payable on or before the date that is 12 months from the issuance date (the “Maturity Date”)”

XTI Aerospace, Inc. entered into Purchase Agreement with Streeterville Capital, LLC valued at $1,305,000.00 (effective 2024-05-01).

“On May 1, 2024, XTI Aerospace, Inc. (the “Company”) entered into a note purchase agreement (the “Purchase Agreement”) with Streeterville Capital, LLC (the “Holder”), pursuant to which the Company agreed to issue and sell to the Holder a secured promissory note (the “Note”) in an initial principal amount of $1,305,000.00 (the “Initial Principal Amount”)”

Leonard Oppenheim resigned as Director at XTI Aerospace, Inc..

“Leonard Oppenheim resigned from the Board of Directors (the “Board”) of XTI Aerospace, Inc. (the “Company”), including all committees thereof and any other positions held with the Company or any of its subsidiaries, effective as of March 31, 2024.”