# EDGAR Filing Document

**Accession Number:** 0001009891
**File Stem:** 0001213900-25-111068
**Filing Date:** 2025-11
**Character Count:** 13643
**Document Hash:** 75af5217899ac9552a9a0fd167d6ad4c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-111068.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001213900-25-111068

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251114

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIR INDUSTRIES GROUP
- **CENTRAL INDEX KEY:** 0001009891
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 204458244
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35927
- **FILM NUMBER:** 251488227

**BUSINESS ADDRESS:**
- **STREET 1:** 1460 FIFTH AVENUE
- **CITY:** BAY SHORE
- **STATE:** NY
- **ZIP:** 11706
- **BUSINESS PHONE:** 631-881-4920

**MAIL ADDRESS:**
- **STREET 1:** 1460 FIFTH AVENUE
- **CITY:** BAY SHORE
- **STATE:** NY
- **ZIP:** 11706

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIR INDUSTRIES GROUP, INC.
- **DATE OF NAME CHANGE:** 20070702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Gales Industries Inc
- **DATE OF NAME CHANGE:** 20060410

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ashlin Development Corp
- **DATE OF NAME CHANGE:** 20050127

?xml version='1.0' encoding='ASCII'?

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): November 14, 2025

AIR INDUSTRIES GROUP

(Exact Name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **Nevada** | **001-35927** | **80-0948413** |
| State of Incorporation | Commission File Number | IRS Employer I.D. Number |

---

1460 Fifth Avenue, Bay Shore, New York 11706

(Address of Principal Executive Offices)

Registrant's telephone number: (631) 968-5000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.001 | AIRI | NYSE American |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 2.02 Results of Operation and Financial Condition.**

On November 14, 2025, Air Industries Group (the "Company") issued a press release reporting its financial results for the three and nine months ended September 30, 2025. The Company also announced that it will host a conference call to discuss its financial results. The call is scheduled for Monday, November 17, 2025, at 8:00 AM Eastern Time. The conference call number is 877-524-8416 and the call will be available for replay at www.airindustriesgroup.com.

The information furnished in this Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed as "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liability of such Section, nor shall it be deemed incorporated by reference in any filing by Air Industries under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits.**

**(d) Exhibits.**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Text of press release issued November 14, 2025, by Air Industries Group.](ea026556701ex99-1_airindus.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: November 14, 2025

---

| | |
|:---|:---|
| **AIR INDUSTRIES GROUP** | **AIR INDUSTRIES GROUP** |
| By: | /s/ Scott Glassman |
|  | Scott Glassman<br> Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**Air Industries Group Announces Solid Financial Results for the<br> Three and Nine Months Ended September 30, 2025**

BAY SHORE, N.Y.--(BUSINESS WIRE)-- **Air Industries Group ("Air Industries") (NYSE American: AIRI)**, a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three and Nine months ended September 30, 2025.

***Third Quarter Results***

 ****

Net sales for the three months ended September 30, 2025 were $10.3 million and Adjusted EBITDA (a Non-GAAP) financial measure was $1.3 million. Other financial metrics reported were:

● Gross profit for the three months ended September 30, 2025 was $2.3 million.

● Gross profit as a percentage of sales was 22.3%.

● Operating expenses for the three months ended September 30, 2025 were $2.0 million, increasing $105,000 or 5.6% compared to the same period in 2024.

● Operating income was $316,000.

● Net loss for 2025 was $44,000 compared to a net loss of $404,000 in 2024.

***Summary Income Statement and EBITDA***

 ****

---

| | | |
|:---|:---|:---|
|  | **Third Quarter Sep't**<br> (Unaudited) | **Third Quarter Sep't**<br> (Unaudited) |
|  | 2025 | 2024 |
| Net Sales | $10309000 | $12555000 |
| Cost of Sales | 8014000 | 10614000 |
| Gross Profit | 2295000 | 1941000 |
| Gross Margin | *22.3 %* | *15.5 %* |
| Operating Expense | 1979000 | 1874000 |
| Operating Income | 316000 | 67000 |
| Interest Expense | (466000) | (482000) |
| Other Income (net) | 106000 | 11000 |
| Income (Loss) before Income Taxes | (44000) | (404000) |
| Income Taxes | - | - |
| Net Income (Loss) | $(44000) | $(404000) |
| Loss per Share | $(0.01) | $(0.12) |
| <u>Reconciliation of EBITDA To GAAP</u> |  |  |
| Net Income (Loss) | $(44000) | $(404000) |
| Interest Expense | 466000 | 482000 |
| Depreciation | 676000 | 560000 |
| Amortization | 17000 | 17000 |
| Stock Compensation | 166000 | 190000 |
| **Adjusted EBITDA** | $1281000 | $845000 |

---

*All Amounts are Unaudited.* 

 ****

 ****

***Nine Months ended September Results:***

Net sales for the nine months ended September 30, 2025 were $35.1 million and Adjusted EBITDA, a Non-GAAP financial measure, was $2.7 million. Other financial metrics reported were:

● Gross profit for the nine months ended September 30, 2025 was $6.4 million.

● Gross profit as a percentage of sales was 18.1%.

● Operating expenses for the nine months ended September 30, 2025 were $6.8 million.

● Operating loss for the nine months ended September 30, 2025 was $422,000.

● Net loss for 2025 was $1.5 million compared to a loss of $812,000 in 2024.

***Summary Income Statement and EBITDA***

---

| | | |
|:---|:---|:---|
|  | **Nine Months Sep't**<br> (Unaudited) | **Nine Months Sep't**<br> (Unaudited) |
|  | 2025 | 2024 |
| Net Sales | $35111000 | $40188000 |
| Cost of Sales | 28754000 | 33697000 |
| Gross Profit | 6357000 | 6491000 |
| Gross Margin | *18.1 %* | *16.2 %* |
| Operating Expense | 6779000 | 5931000 |
| Operating Income | (422000) | 560000 |
| Interest Expense | (1354000) | (1418000) |
| Other Income (net) | 322000 | 46000 |
| Income (Loss) before Income Taxes | (1454000) | (812000) |
| Income Taxes | - | - |
| Net Income (Loss) | $(1454000) | $(812000) |
| Loss per Share | $(0.36) | $(0.24) |
| <u>Reconciliation of EBITDA To GAAP</u> |  |  |
| Net Income (Loss) | $(1454000) | $(812000) |
| Interest Expense | 1354000 | 1418000 |
| Depreciation | 1961000 | 1661000 |
| Amortization | 51000 | 51000 |
| Stock Compensation | 836000 | 302000 |
| **Adjusted EBITDA** | $2748000 | $2620000 |

---

*All Amounts are Unaudited.*

Overall, our operating results for the third quarter of fiscal 2025 have improved compared to the same period last year and the first two quarters of fiscal 2025.

Lou Melluzzo, Chief Executive Officer of Air Industries Group, commented: "Our results for the third quarter of 2025 were solid and demonstrated measurable improvements in Adjusted EBITDA. Our effort to reduce expenses are paying off, as evidenced by a significant improvement in gross margins. As we enter the fourth quarter of fiscal 2025, we remain focused on driving profitability and operational efficiency. We are looking forward to a strong finish to the year."

**Conference Call Information**

Air Industries Group will host a conference call to discuss Financial Results for the Third Quarter and Nine Months of 2025 on Monday November 17<sup>th</sup> at 8:00 am Eastern.

The conference call-in number is 877–524–8416.

**ABOUT AIR INDUSTRIES GROUP**

Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing gears, flight controls, engine mounts and components for aircraft jet engines, ground turbines and other complex machines. Whether it is a small individual component or complete assembly, its high quality and extremely reliable products are used in mission critical operations that are essential for the safety of military personnel and civilians.

**FORWARD LOOKING STATEMENTS**

Certain matters discussed in this press release are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace, future revenues, earnings and Adjusted EBITDA, the ability to realize firm backlog and projected backlog, cost cutting measures, potential future results and acquisitions, are examples of such forward-looking statements. The forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the timing of projects due to variability in size, scope and duration, the inherent discrepancy in actual results from estimates, projections and forecasts made by management, regulatory delays, changes in government funding and budgets, and other factors, including general economic conditions, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

**NON-GAAP FINANCIAL MEASURES**

The Company uses Adjusted EBITDA, a Non-GAAP financial measure as defined by the SEC, as a supplemental profitability measure because management finds it useful to understand and evaluate results, excluding the impact of non-cash depreciation and amortization charges, stock based compensation expenses, and nonrecurring expenses and outlays, prior to consideration of the impact of other potential sources and uses of cash, such as working capital items. This calculation may differ in method of calculation from similarly titled measures used by other companies and may be different than the EBITDA calculation used by our lenders for purposes of determining compliance with our financial covenants. This Non-GAAP measure may have limitations when understanding performance as it excludes the financial impact of transactions such as interest expense necessary to conduct the Company's business and therefore are not intended to be an alternative to financial measure prepared in accordance with GAAP. The Company has not quantitatively reconciled its forward looking Adjusted EBITDA target to the most directly comparable GAAP measure because items such as amortization of stock-based compensation and interest expense, which are specific items that impact these measures, have not yet occurred, are out of the Company's control, or cannot be predicted. For example, quantification of stock-based compensation is not possible as it requires inputs such as future grants and stock prices which are not currently ascertainable.

Anyone wishing to contact us or send a message can also do so by visiting:

www.airindustriesgroup.com/contact-us/

**Contact**

Air Industries Group

Chief Financial Officer

631-328-7039