AIRI · Air Industries Group
$2.54
+0.03 (+1.20%)
At close · Aug 14
Going-concern doubt
— flagged Aug 12, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As a result of the due dates of this debt, there is substantial doubt about our ability to continue as a going concern for the twelve months following the date of filing of these consolidated financial statements.”View the 10-Q filed Aug 12, 2026
Market Cap
$12.32M
Shares
4.85M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $1,005,716 |
| Scott Glassman | CFO | $595,594 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $493,315 |
| Scott Glassman | CFO | $237,563 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $544,592 |
| Scott Glassman | CFO | $228,313 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $716,550 |
| Michael Recca | CFO | $447,148 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $574,351 |
| Michael Recca | CFO | $348,994 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $545,405 |
| Michael Recca | CFO | $323,457 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Michael Recca | CFO | $209,246 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Brian Drisgula | Vice President of Finance and Secretary | Appointed | 2026-03-20 |
| Scott Glassman | Acting Chief Executive Officer and President | Appointed | 2026-03-20 |
| Lou Melluzzo | Chief Executive Officer and President | Resigned | 2026-03-16 |
| Scott Glassman | Principal Accounting Officer | Appointed | 2023-10-19 |
| Scott Glassman | Secretary | Appointed | 2023-10-19 |
| Scott Glassman | Chief Financial Officer, Principal Accounting Officer and Secretary | Appointed | 2023-10-19 |