Aug. 14 at 7:04 PM
$AIRI Kinda scumming to dilute shareholders by 30% and not issue a PR. It's in today's ER. And from looking at the chart, pretty damn obvious which day they sold 1m shares to raised
$4M.
Q2 10-Q filing
"There were 3,764,237 shares of the registrant’s common stock outstanding as of May 13, 2025."
Q3 10-Q filing
"There were 4,771,954 shares of the registrant’s common stock outstanding as of August 12, 2025. "
Also why not state the backlog number. lazy.
"In early July 2025, we successfully completed an at-the-market (“ATM”) offering, raising nearly
$4.0 million in gross proceeds through the sale of 1,003,653 common shares—further strengthening our balance sheet. Our backlog remains at record levels, reflecting sustained demand for our products, the benefits of which will be realized in fiscal 2026 and beyond"