Company: AIRTP
Filing Date: 2025-08-12
Form Type: 10-K/A
Source: 0000353184-25-000069
Chunk: 126

Company: AIR T INC
Filing Date: 2025-08-12
Form: 10-K/A
Chunk 126
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 Other revenue from third parties is $ 3,396thousand for the fiscal year ended March 31, 2025.

3 The significant expense categories and amounts align with the segment-level information that is regularly provided to the 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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|                                       |     | Year ended March 31, 2024 |         |     |                                        |         |     |                          |        |     |                   |       |     |       |         |
|:--------------------------------------|:----|:--------------------------|--------:|:----|:---------------------------------------|--------:|:----|:-------------------------|-------:|:----|:------------------|------:|:----|:------|--------:|
|                                       |     | Overnight Air Cargo       |         |     | Commercial Aircraft, Engines and Parts |         |     | Ground Support Equipment |        |     | Digital Solutions |       |     | Total |         |
| Revenue from external customers       |     | $                         | 115,546 |     | $                                      | 125,535 |     | $                        | 37,168 |     | $                 | 5,783 |     | $     | 284,032 |
| Intersegment revenue                  |     |                           |     126 |     |                                        |   2,150 |     |                          |      — |     |                   |     — |     |       |   2,276 |
|                                       |     |                           | 115,672 |     |                                        | 127,685 |     |                          | 37,168 |     |                   | 5,783 |     |       | 286,308 |
| Reconciliation of revenue             |     |                           |         |     |                                        |         |     |                          |        |     |                   |       |     |       |         |
| Other revenue1                        |     |                           |         |     |                                        |         |     |                          |        |     |                   |       |