AIROAIRO Group Holdings, Inc.

Is AIRO Group Holdings struggling financially?

Yes, by its own account. AIRO Group Holdings told the SEC on 14 Nov 2025, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern.

Going concern disclosed Nov 2025

30/100

Fragile

Sector
Industrial/Cyclical
Market cap
$271.4M
Source filing
10-Q 14 Nov 2025
Balance sheet
30 Jun 2026

Cash runway

  • 7months

    If the burn speeds up

    Empty by Jan 2027

  • 11months

    If it eases off

    Empty by May 2027

Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.

Out of cashTwo years or more

The runway math

Cash and short-term investments

$26.0M

÷

Cash burned over the last 12 months

$35.5M

What AIRO Group Holdings told the SEC

…in the normal course of business. As of March 31, 2025, the Company had incurred recurring losses from operations and negative cash flows, which raised substantial doubt about its ability to continue as a going concern. On June 16, 2025, the Company completed its IPO of common stock, which resulted in net proceeds of $ 58.3 million after deducting underwriting discounts and commissions and issuance…

AIRO Group Holdings, Inc., Form 10-Q, filed 14 Nov 2025.

Read the filing on SEC.gov

What this means

  • Not a bankruptcy filing, and not a prediction.
  • It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
  • The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.

What else the numbers show

  • 80.2% share-count increase The company issued stock. Each share now owns 44.5% less of the business than a year ago, before any change in the price.

Other Industrial/Cyclical companies that filed the doubt