AIRI · Air Industries Group · Debt
Substantial doubt about the company's ability to continue as a going concern.
“The Current Credit Facility expiration date and the rights granted to the lender, combined with the reasonable possibility that we might fail to meet covenants in the future, raise substantial doubt about our ability to continue as a going concern for the one year commencing as of the date of filing this report.”View the 10-Q filed Aug 12, 2026
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current debt and lease obligations | 2026-06-30 | USD 24,217,000 | 10-Q filed 2026-08-12 |
| Current portion of convertible notes payable | 2026-06-30 | USD 554,000 | 10-Q filed 2026-08-12 |
| Current portion of long-term debt | 2026-06-30 | USD 24,217,000 | 10-Q filed 2026-08-12 |
| Finance lease liabilities | 2026-06-30 | USD 666,000 | 10-Q filed 2026-08-12 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Noncurrent debt carrying amount | 2026-06-30 | USD 1,421,000 | 10-Q filed 2026-08-12 |
| Operating lease liabilities | 2026-06-30 | USD 239,000 | 10-Q filed 2026-08-12 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.