Company: AIRTP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0000353184-25-000126
Chunk: 58

Company: AIR T INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 58
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 chief operating decision maker. Intersegment expenses are included within the amounts shown.

4 Other segment items consist of depreciation and amortization and remeasurement of the earnout liability.

5 Other corporate expenses consist of unallocated expenses that are related to the activities of Corporate and other in support of the overall business. Unallocated expenses include, but are not limited to: shared services that are not allocated, costs associated with the corporate headquarters and, expenses related to identifying and pursuing new corporate business initiatives.

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Three Months Ended September 30, 2025Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital SolutionsTotal Reportable segmentsCorporate and OtherTotalDepreciation and amortization137 298 34 213 682 145 827 Capital Expenditures81 47 15 — 143 33 176 Three Months Ended September 30, 2024Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital SolutionsTotal Reportable segmentsCorporate and OtherTotalDepreciation and amortization112 368 95 202 777 172 949 Capital Expenditures70 14,612 158 — 14,840 — 14,840 Six Months Ended September 30, 2025Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital SolutionsTotal Reportable segmentsCorporate and OtherTotalDepreciation and amortization275 1,055 70 420 1,820 291 2,111 Capital Expenditures146 213 15 — 374 33 407 Six Months Ended September 30, 2024Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital SolutionsTotal Reportable segmentsCorporate and OtherTotalDepreciation and amortization210 558 190 400 1,358 351 1,709 Capital Expenditures261 14,674 212 — 15,147 32 15,179 

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Reconciliation of operating income (loss) and elimination of intersegment loss was as follows:Three Months Ended September 30, 2025(in thousands)Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital SolutionsReportable Segment TotalCorporate and OtherEliminationsTotalOperating income (loss) from external sources$1,615 $6,838 $1,619 $(278)$9,794 $(4,286)$— $5,508 Intersegment operating (loss