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XTI Aerospace
(NASDAQ:XTIA)
XTI Aerospace (XTIA) vs. SPDR S&P 500 ETF (SPY)
XTI Aerospace Business Overview & Revenue Model
XTI Aerospace Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.04M | 3.20M | 4.56M | 6.11M | 15.99M | 9.30M |
| Gross Profit | 1.90M | 1.89M | 2.26M | 3.10M | 7.15M | 3.06M |
| EBITDA | -50.12M | -33.47M | -27.45M | -16.30M | -17.27M | -23.22M |
| Net Income | -52.02M | -35.60M | -45.95M | -63.39M | -69.16M | -29.23M |
Balance Sheet | ||||||
| Total Assets | 35.45M | 24.29M | 23.77M | 57.63M | 156.67M | 59.01M |
| Cash, Cash Equivalents and Short-Term Investments | 20.05M | 4.11M | 6.25M | 9.28M | 4.32M | 25.99M |
| Total Debt | 341.00K | 3.07M | 25.24M | 16.85M | 4.44M | 7.50M |
| Total Liabilities | 22.08M | 17.72M | 17.04M | 25.52M | 28.49M | 14.33M |
| Stockholders Equity | 13.37M | 6.57M | 6.34M | 33.30M | 126.50M | 44.64M |
Cash Flow | ||||||
| Free Cash Flow | -36.26M | -22.42M | -4.18M | -35.16M | -38.50M | -22.43M |
| Operating Cash Flow | -36.10M | -22.31M | -4.18M | -33.96M | -37.13M | -20.60M |
| Investing Cash Flow | -161.00K | 2.85M | -17.00K | 36.39M | -53.51M | -23.51M |
| Financing Cash Flow | 50.19M | 23.56M | 4.09M | -34.59M | 125.04M | 57.26M |
XTI Aerospace Technical Analysis
XTI Aerospace Risk Analysis
XTI Aerospace Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $10.72B | 16.04 | 7.75% | 2.00% | 2.65% | -15.66% | |
47 Neutral | $40.71M | ― | -434.59% | ― | ― | ― | |
47 Neutral | $8.72M | ― | -44.54% | ― | -54.94% | -24.76% | |
44 Neutral | $15.47M | ― | 688.16% | ― | -70.65% | 90.41% | |
25 Underperform | $469.85M | ― | 115.25% | ― | ― | ― | |
| ― | $68.62M | 8.39 | ― | ― | ― | ||
40 Underperform | $26.46M | ― | -287.53% | ― | 83.92% | -87.22% |
XTI Aerospace Corporate Events
On August 18, 2025, XTI Aerospace‘s board approved an Amended and Restated 2018 Employee Stock Incentive Plan, integrating prior amendments and allowing officers to designate award recipients. The board also adopted updated award agreements for stock options and restricted stock to align with the new plan. Additionally, the board delegated authority to the CFO to grant equity awards from a pool of 10,000,000 shares, enhancing flexibility in rewarding employees and partners.
On August 13, 2025, XTI Aerospace, Inc. announced the adoption of amended and restated bylaws to modernize its governance structure. These changes include establishing advance notice provisions for stockholder nominations, removing the cap on board directors, and designating specific legal forums for certain actions, aligning with common practices among publicly-traded Nevada corporations.
On August 14, 2025, XTI Aerospace announced significant progress in the development of its TriFan 600 aircraft, including engineering milestones and strategic partnerships. The company has finalized key structural models, selected drivetrain suppliers, and advanced FAA certification processes, bolstered by a strengthened balance sheet with $18.4 million raised. These developments position XTI Aerospace for reopening pre-sales and advancing towards the first flight and type certification, enhancing its market position in the xVTOL category.
On July 9, 2025, XTI Aerospace, Inc. completed a partial exercise of the over-allotment option from its public offering of common stock, pre-funded warrants, and common warrants that initially closed on June 26, 2025. This exercise involved 151,005 shares at $1.75 per share, culminating in a total of 10,514,000 shares sold, generating approximately $18.4 million in gross proceeds. The company also issued additional warrants to the underwriter for 7,551 shares at an exercise price of $2.1875 per share, aligning with the terms of the initial offering.
XTI Aerospace, Inc. and its subsidiary, XTI Aircraft Company, were involved in an arbitration initiated by Chardan Capital Markets LLC related to an engagement letter from June 2022. The U.S. District Court ruled in January 2025 that XTI Aerospace had no obligation to arbitrate, leading to Chardan amending its claims solely against the subsidiary. In July 2025, a settlement was reached where all parties agreed to dismiss claims and release each other from liabilities, with no payments exchanged and the engagement letter terminated.
On July 7, 2025, XTI Aerospace, Inc. completed a partial exercise of the over-allotment option related to its public offering of common stock, pre-funded warrants, and common warrants. The company sold a total of 10,362,995 shares, generating approximately $18 million in gross proceeds before deductions, and issued additional warrants to the underwriter.
On June 24, 2025, XTI Aerospace entered into an underwriting agreement with ThinkEquity LLC for a public offering of shares and warrants, raising approximately $14.4 million in net proceeds. The offering, which closed on June 26, 2025, aims to support working capital and the development of the TriFan 600 airplane, positioning XTI Aerospace to further its innovations in the aviation industry.
On May 29, 2025, XTI Aerospace held a Shareholder Town Hall Webinar to present updates on their operations, including the progress of the TriFan 600 aircraft. The company highlighted key milestones such as FAA certifications and design optimizations, positioning itself in a competitive market with less than five regional competitors. The presentation emphasized the company’s strategic advancements and potential market opportunities, reflecting its commitment to innovation and growth in the aerospace sector.