Company: AIRTP
Filing Date: 2025-08-12
Form Type: 10-K/A
Source: 0000353184-25-000069
Chunk: 127

Company: AIR T INC
Filing Date: 2025-08-12
Form: 10-K/A
Chunk 127
---
 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.

<div align='center'>88</div>

|                               |     | Year ended March 31, 2025 |     |     |                                        |        |     |                          |     |     |                   |     |     |                           |        |     |                     |     |     |                    |        |
|:------------------------------|:----|:--------------------------|----:|:----|:---------------------------------------|-------:|:----|:-------------------------|----:|:----|:------------------|----:|:----|:--------------------------|-------:|:----|:--------------------|----:|:----|:-------------------|-------:|
|                               |     | Overnight Air Cargo       |     |     | Commercial Aircraft, Engines and Parts |        |     | Ground Support Equipment |     |     | Digital Solutions |     |     | Total Reportable Segments |        |     | Corporate and other |     |     | Total Consolidated |        |
| Depreciation and amortization |     | $                         | 489 |     | $                                      |  2,148 |     | $                        | 268 |     | $                 | 792 |     | $                         |  3,697 |     | $                   | 659 |     | $                  |  4,356 |
| Capital Expenditures          |     |                           | 418 |     |                                        | 14,911 |     |                          | 217 |     |                   |  36 |     |                           | 15,582 |     |                     |  97 |     |                    | 15,679 |

|                               |     | Year ended March 31, 2024 |     |     |                                        |     |     |                          |     |     |                   |     |     |                           |       |     |                     |     |     |                    |       |
|:------------------------------|:----|:--------------------------|----:|:----|:---------------------------------------|----:|:----|:-------------------------|----:|:----|: