Company: XTIA
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112615
Chunk: 204

Company: XTI Aerospace, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 8
Chunk 204
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    2025  
    2024  
    2025  
    2024 
  
    Net Loss 
    $(13,446) 
    $(4,435) 
    $(47,176) 
    $(21,747)

    Less: Preferred stock return 
     —  
     (185) 
     (29) 
     (496)
  
    Less: Deemed dividend 
     —  
     (54) 
     —  
     (514)
  
    Net Loss Attributable
    to Common Stockholders, Basic and Diluted 
    $(13,446) 
    $(4,674) 
    $(47,205) 
    $(22,757)

    Net Loss Per Share, Basic
    and Diluted 
    $(0.61) 
    $(33.40) 
    $(4.33) 
    $(308.53)

    Weighted Average Shares Outstanding, Basic
    and Diluted 
     22,065,141  
     139,944  
     10,914,152  
     73,759 

The basic earnings per share calculation for
the three months ended September 30, 2025 included 1,925,000 shares of common stock issuable upon exercise of Pre-funded Warrants that
were issued in connection with the September Offering. The basic earnings per share calculation for the nine months ended September 30,
2025 included 2,176,000, 2,911,800, and 1,925,000 shares of common stock, respectively, issuable upon exercise of Pre-funded Warrants
that were issued in connection with the March Offering, June Offering, and September Offering. These Pre-funded Warrants are considered
penny warrants as the exercise price is $0.001; therefore, they are included in the basic earnings per share calculation.

The basic earnings per share calculation for
the three months ended September 30, 2024 included 839 penny warrant shares, since the exercise price was $0.01 per share.
The basic earnings per share calculation for the nine months ended September 30, 2024 included 2,434 penny warrants shares.
Additionally, the basic earnings per share calculation for the nine months ended September 30, 2024 included 1,194 shares of
common stock that were issuable to Xer