2024 Q2 Form 10-K Financial Statement
#000121390024033018 Filed on April 15, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $13.57M | $13.47M | $51.52M |
YoY Change | 2.78% | -3.03% | -3.23% |
Cost Of Revenue | $10.93M | $11.32M | $44.09M |
YoY Change | -0.97% | -14.12% | -3.71% |
Gross Profit | $2.644M | $2.150M | $7.428M |
YoY Change | 21.84% | 202.82% | -0.32% |
Gross Profit Margin | 19.48% | 15.96% | 14.42% |
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $495.0K | $415.0K | $2.268M |
YoY Change | -20.42% | -32.63% | -10.07% |
% of Gross Profit | 18.72% | 19.3% | 30.53% |
Operating Expenses | $1.892M | $1.563M | $7.723M |
YoY Change | -9.82% | 14.34% | 1.01% |
Operating Profit | $752.0K | $587.0K | -$295.0K |
YoY Change | 944.44% | -189.35% | 52.06% |
Interest Expense | $356.0K | -$448.0K | -$1.920M |
YoY Change | 201.69% | 11.17% | -494.25% |
% of Operating Profit | 47.34% | -76.32% | |
Other Income/Expense, Net | $20.00K | $42.00K | $84.00K |
YoY Change | 53.85% | 500.0% | -39.57% |
Pretax Income | $298.0K | $181.0K | -$2.131M |
YoY Change | -175.44% | -120.13% | 98.05% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | 0.0% | ||
Net Earnings | $298.0K | $181.0K | -$2.131M |
YoY Change | -175.44% | -120.13% | 98.05% |
Net Earnings / Revenue | 2.2% | 1.34% | -4.14% |
Basic Earnings Per Share | $0.09 | -$0.65 | |
Diluted Earnings Per Share | $0.08 | $0.05 | -$0.65 |
COMMON SHARES | |||
Basic Shares Outstanding | 3.315M shares | 3.303M shares | 3.279M shares |
Diluted Shares Outstanding | 3.724M shares | 3.279M shares |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $247.0K | $346.0K | $346.0K |
YoY Change | -70.49% | 23.13% | 23.13% |
Cash & Equivalents | $247.0K | $346.0K | $346.0K |
Short-Term Investments | |||
Other Short-Term Assets | $323.0K | $334.0K | $334.0K |
YoY Change | 28.69% | -0.3% | -0.3% |
Inventory | $29.18M | $29.85M | $29.85M |
Prepaid Expenses | |||
Receivables | $7.533M | $7.892M | $7.892M |
Other Receivables | $296.0K | $296.0K | $296.0K |
Total Short-Term Assets | $37.58M | $38.72M | $38.72M |
YoY Change | -11.15% | -8.28% | -8.28% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $8.763M | $10.88M | $10.88M |
YoY Change | -6.97% | 26.66% | -1.64% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $731.0K | $1.112M | $1.112M |
YoY Change | 48.28% | 109.02% | 109.02% |
Total Long-Term Assets | $12.24M | $12.00M | $12.00M |
YoY Change | 1.25% | 3.43% | 3.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $37.58M | $38.72M | $38.72M |
Total Long-Term Assets | $12.24M | $12.00M | $12.00M |
Total Assets | $49.82M | $50.72M | $50.72M |
YoY Change | -8.39% | -5.76% | -5.76% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.603M | $6.091M | $5.461M |
YoY Change | -32.24% | -19.24% | -15.23% |
Accrued Expenses | $900.0K | $880.0K | $1.510M |
YoY Change | 8.7% | 13.11% | -19.6% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $16.98M | $16.04M | $16.04M |
YoY Change | 13.6% | 10.77% | 10.77% |
Total Short-Term Liabilities | $25.79M | $26.60M | $26.60M |
YoY Change | 5.02% | 12.64% | 12.64% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.793M | $7.274M | $7.274M |
YoY Change | -84.47% | -32.59% | -32.59% |
Other Long-Term Liabilities | $1.184M | $1.649M | $1.649M |
YoY Change | -44.2% | -35.79% | -35.79% |
Total Long-Term Liabilities | $1.793M | $8.923M | $8.923M |
YoY Change | -86.88% | -33.21% | -33.21% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $25.79M | $26.60M | $26.60M |
Total Long-Term Liabilities | $1.793M | $8.923M | $8.923M |
Total Liabilities | $34.93M | $35.53M | $35.53M |
YoY Change | -8.62% | -3.92% | -3.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$68.15M | -$67.74M | |
YoY Change | 2.29% | 3.25% | |
Common Stock | $3.000K | $3.000K | |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $14.89M | $15.19M | $15.19M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $49.82M | $50.72M | $50.72M |
YoY Change | -8.39% | -5.76% | -5.76% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $298.0K | $181.0K | -$2.131M |
YoY Change | -175.44% | -120.13% | 98.05% |
Depreciation, Depletion And Amortization | $495.0K | $415.0K | $2.268M |
YoY Change | -20.42% | -32.63% | -10.07% |
Cash From Operating Activities | $566.0K | -$2.231M | $4.862M |
YoY Change | -1868.75% | -528.21% | 985.27% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.120M | $252.0K | $2.119M |
YoY Change | 173.17% | -33.86% | -10.25% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $7.000K | $7.000K | $7.000K |
YoY Change | |||
Cash From Investing Activities | -$1.113M | -$245.0K | -$2.112M |
YoY Change | 171.46% | -35.7% | -10.55% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 569.0K | 2.082M | -2.685M |
YoY Change | 269.48% | -4182.35% | -271.35% |
NET CHANGE | |||
Cash From Operating Activities | 566.0K | -2.231M | 4.862M |
Cash From Investing Activities | -1.113M | -245.0K | -2.112M |
Cash From Financing Activities | 569.0K | 2.082M | -2.685M |
Net Change In Cash | 22.00K | -394.0K | 65.00K |
YoY Change | -107.64% | -542.7% | -118.79% |
FREE CASH FLOW | |||
Cash From Operating Activities | $566.0K | -$2.231M | $4.862M |
Capital Expenditures | $1.120M | $252.0K | $2.119M |
Free Cash Flow | -$554.0K | -$2.483M | $2.743M |
YoY Change | 25.34% | -1873.57% | -243.39% |
Facts In Submission
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Earnings Per Share Diluted
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|
-0.65 | |
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Weighted Average Number Of Diluted Shares Outstanding
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|
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2023-12-31 | |
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AIR INDUSTRIES GROUP | |
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NV | |
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80-0948413 | |
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1460 Fifth Avenue | |
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NY | |
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New York | |
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11706 | |
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Common Stock, par value $0.001 | |
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|
3227116 | shares |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17389000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
216000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
310000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1076000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16839000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
200000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
282000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2131000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15190000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2131000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1076000 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
2268000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
2522000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
482000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
526000 | usd |
CY2022 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
94000 | usd |
CY2022 | airi |
Noncash Interest Expense
NoncashInterestExpense
|
35000 | usd |
CY2022 | airi |
Noncash Gain On Accounts Payable Writeoff
NoncashGainOnAccountsPayableWriteoff
|
317000 | usd |
CY2023 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
84000 | usd |
CY2023 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
607000 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
545000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
38000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
38000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-14000 | usd |
CY2023 | us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
63000 | usd |
CY2022 | us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
-313000 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
163000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
68000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
65000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1528000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1303000 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1970000 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2289000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-10000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
81000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
|
9000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
|
6000 | usd |
CY2023 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
600000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
194000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1451000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1136000 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-779000 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-686000 | usd |
CY2023 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
-2776000 | usd |
CY2022 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
439000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
-314000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4862000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
448000 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2119000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2361000 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
7000 | usd |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
25000 | usd |
CY2022 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
20000 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
250000 | usd |
CY2023 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
123000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2112000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2361000 | usd |
CY2023 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-2548000 | usd |
CY2022 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
916000 | usd |
CY2023 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
740000 | usd |
CY2022 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
2823000 | usd |
CY2023 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
393000 | usd |
CY2023 | airi |
Payments Of Term Note Webster Bank
PaymentsOfTermNoteWebsterBank
|
-1113000 | usd |
CY2022 | airi |
Payments Of Term Note Webster Bank
PaymentsOfTermNoteWebsterBank
|
-1609000 | usd |
CY2022 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
284000 | usd |
CY2023 | airi |
Payments Of Loan Payable Financed Asset
PaymentsOfLoanPayableFinancedAsset
|
-9000 | usd |
CY2022 | airi |
Payments Of Loan Payable Financed Asset
PaymentsOfLoanPayableFinancedAsset
|
-9000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2685000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1567000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
65000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-346000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
281000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
627000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
346000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
281000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1913000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1295000 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
6100 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
6000 | usd |
CY2023 | airi |
Acquision Of Financed Lease Asset
AcquisionOfFinancedLeaseAsset
|
679000 | usd |
CY2022 | airi |
Acquision Of Financed Lease Asset
AcquisionOfFinancedLeaseAsset
|
350000 | usd |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | pure |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4862000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
448000 | usd |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
98300000 | usd |
CY2023Q4 | us-gaap |
Cash Available For Distributions
CashAvailableForDistributions
|
944000 | usd |
CY2023 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
10000 | usd |
CY2023Q4 | us-gaap |
Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
|
296000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
|
296000 | usd |
CY2023Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
3557000 | usd |
CY2022Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
781000 | usd |
CY2023 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
461000 | usd |
CY2022 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
440000 | usd |
CY2021Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
1470000 | usd |
CY2023Q4 | airi |
Backlog Relating To Remaining Performance Obligations In Contracts
BacklogRelatingToRemainingPerformanceObligationsInContracts
|
98300000 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-size: 10pt"><b>Use of Estimates</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. The more significant management estimates are inventory valuation, useful lives and impairment of long-lived assets, income tax provision and the allowance for credit losses. Actual results could differ from those estimates. Changes in facts and circumstances may result in revised estimates, which are recorded in the period in which they become known.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt"> </span></p> | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 10pt"><b>Credit and Concentration Risks</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A large percentage of the Company’s revenues are derived directly from large aerospace and defense prime contractors for which the ultimate end-user is the U.S. Government, international governments or commercial airlines. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-size: 10pt">The composition of customers that exceeded 10% of net sales in either 2023 or 2022 are shown below:</span></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr> <td style="padding-bottom: 1.5pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1.5pt"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><span style="font-size: 10pt">Percentage of Net Sales</span></td><td style="padding-bottom: 1.5pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr> <td style="border-bottom: Black 1.5pt solid"><span style="font-size: 10pt"><b>Customer</b></span></td><td style="font-weight: bold; padding-bottom: 1.5pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">2023</span></td><td style="padding-bottom: 1.5pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1.5pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">2022</span></td><td style="padding-bottom: 1.5pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="width: 76%; font-weight: 400; font-style: normal; text-align: left"><span style="font-size: 10pt">RTX <span style="font-family: Times New Roman, Times, Serif; font-style: normal; font-weight: 400"><sup>(a)</sup></span></span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 9%; text-align: right"><span style="font-size: 10pt">27.3</span></td><td style="width: 1%; text-align: left"><span style="font-size: 10pt">%</span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 9%; text-align: right"><span style="font-size: 10pt">40.6</span></td><td style="width: 1%; text-align: left"><span style="font-size: 10pt">%</span></td></tr> <tr> <td style="text-align: left"><span style="font-size: 10pt">Lockheed Martin</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">24.7</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">21.4</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td><span style="font-size: 10pt">Boeing</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">12.2</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">0.0</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td></tr> <tr> <td style="text-align: left"><span style="font-size: 10pt">United States Government</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">3.6</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">14.3</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: 400"><sup>(A)</sup> </span></td><td style="text-align: justify"><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">RTX includes Collins Landing Systems and Collins Aerostructures</p></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The composition of customers that exceed 10% of accounts receivable in either 2023 or 2022 are shown below:</p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr> <td style="font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1.5pt"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><span style="font-size: 10pt">Percentage of Net Receivables</span></td><td style="padding-bottom: 1.5pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr> <td style="font-weight: bold; border-bottom: Black 1.5pt solid"><span style="font-size: 10pt">Customer</span></td><td style="font-weight: bold; padding-bottom: 1.5pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><span style="font-size: 10pt">2023</span></td><td style="padding-bottom: 1.5pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1.5pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><span style="font-size: 10pt">2022</span></td><td style="padding-bottom: 1.5pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="width: 76%"><span style="font-size: 10pt">RTX</span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 9%; text-align: right"><span style="font-size: 10pt">45.5</span></td><td style="width: 1%; text-align: left"><span style="font-size: 10pt">%</span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 9%; text-align: right"><span style="font-size: 10pt">56.7</span></td><td style="width: 1%; text-align: left"><span style="font-size: 10pt">%</span></td></tr> <tr> <td><span style="font-size: 10pt">Boeing</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">16.0</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">0.0</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Lockheed Martin</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">3.7</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">13.6</span></td><td style="text-align: left"><span style="font-size: 10pt">%</span></td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: 400"><sup>(A)</sup></span></td><td style="text-align: justify"><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">RTX includes Collins Landing Systems and Collins Aerostructures</p></td> </tr></table> | |
CY2023 | us-gaap |
Revenues
Revenues
|
51516000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
53238000 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
2268000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
2522000 | usd |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
405800 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
405800 | shares |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
163000 | usd |
CY2023 | airi |
Cost Of Freight Charges
CostOfFreightCharges
|
87000 | usd |
CY2022 | airi |
Cost Of Freight Charges
CostOfFreightCharges
|
162000 | usd |
CY2023 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Reclassification</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain amounts in the consolidated notes to the financial statements have been reclassified to conform to the current year presentation. The Right of use asset - finance lease has been reclassified from the classification of Fixed Assets at December 31, 2022.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Such reclassifications do not impact the Company’s previously reported financial position or results of operations.</p> | |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
8236000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
9764000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
344000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
281000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
7892000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
9483000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
281000 | usd |
CY2023 | airi |
Allowance For Doubtful Accounts Receivable Charged To Costs And Expenses
AllowanceForDoubtfulAccountsReceivableChargedToCostsAndExpenses
|
88000 | usd |
CY2023 | airi |
Allowance For Doubtful Accounts Receivable Deductions From Reserves
AllowanceForDoubtfulAccountsReceivableDeductionsFromReserves
|
25000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
344000 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
594000 | usd |
CY2022 | airi |
Allowance For Doubtful Accounts Receivable Charged To Costs And Expenses
AllowanceForDoubtfulAccountsReceivableChargedToCostsAndExpenses
|
16000 | usd |
CY2022 | airi |
Allowance For Doubtful Accounts Receivable Deductions From Reserves
AllowanceForDoubtfulAccountsReceivableDeductionsFromReserves
|
329000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
281000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
5213000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
4198000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
13502000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
20488000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
12590000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
9642000 | usd |
CY2023Q4 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
1789000 | usd |
CY2022Q4 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
1106000 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
3243000 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
3613000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
29851000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
31821000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
43567000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
41500000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
35519000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
33282000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8048000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8218000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
5461000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
6442000 | usd |
CY2023Q4 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
373000 | usd |
CY2022Q4 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
674000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
257000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
426000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
6091000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
7542000 | usd |
CY2022 | airi |
Gain On Writeoff Of Accounts Payable
GainOnWriteoffOfAccountsPayable
|
317000 | usd |
CY2006Q4 | us-gaap |
Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
|
6200000 | usd |
CY2006Q4 | us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
1051000 | usd |
CY2006Q4 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
300000 | usd |
CY2006Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
751000 | usd |
CY2006Q4 | us-gaap |
Sale Leaseback Transaction Lease Term
SaleLeasebackTransactionLeaseTerm
|
P20Y | |
CY2006Q4 | us-gaap |
Lease Income
LeaseIncome
|
38000 | usd |
CY2023Q4 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
|
105000 | usd |
CY2022Q4 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
|
143000 | usd |
CY2023 | us-gaap |
Payments For Rent
PaymentsForRent
|
540000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P5Y | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
CY2023 | airi |
Deposit Security
DepositSecurity
|
89000 | usd |
CY2023Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
10804000 | usd |
CY2022Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
13352000 | usd |
CY2023Q4 | airi |
Term Loan Webster
TermLoanWebster
|
5045000 | usd |
CY2022Q4 | airi |
Term Loan Webster
TermLoanWebster
|
5396000 | usd |
CY2023Q4 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
393000 | usd |
CY2023Q4 | airi |
Finance Leases Obligations
FinanceLeasesObligations
|
884000 | usd |
CY2022Q4 | airi |
Finance Leases Obligations
FinanceLeasesObligations
|
328000 | usd |
CY2023Q4 | us-gaap |
Loans Payable
LoansPayable
|
22000 | usd |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
30000 | usd |
CY2023Q4 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
17148000 | usd |
CY2022Q4 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
19106000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
16036000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
14477000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1112000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4629000 | usd |
CY2023 | airi |
Loan Expires Date
LoanExpiresDate
|
2025-12-30 | |
CY2019Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
20000000 | usd |
CY2019Q4 | srt |
Bank Loans
BankLoans
|
5000000 | usd |
CY2019Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
2000000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
|
877913 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
|
10451 | usd |
CY2022Q4 | us-gaap |
Subordinated Borrowing Due Date
SubordinatedBorrowingDueDate
|
2025-12-30 | |
CY2023Q1 | us-gaap |
Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
|
739500 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
|
8804 | usd |
CY2023Q1 | us-gaap |
Subordinated Borrowing Due Date
SubordinatedBorrowingDueDate
|
2025-12-30 | |
CY2023Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
10804000 | usd |
CY2023Q4 | airi |
Revolving Credit Loan Term Amount
RevolvingCreditLoanTermAmount
|
5045000 | usd |
CY2023Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
382000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
945000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
4143000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
5088000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
43000 | usd |
CY2023Q4 | airi |
Bank Loans Other Net
BankLoansOtherNet
|
5045000 | usd |
CY2023Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
5045000 | usd |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1391000 | usd |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
780000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
68000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
65000 | usd |
CY2022 | airi |
Acquision Of Financed Lease Asset
AcquisionOfFinancedLeaseAsset
|
350000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1156000 | usd |
CY2023 | airi |
Actual Fixed Charge Coverage Ratio
ActualFixedChargeCoverageRatio
|
0.0131 | pure |
CY2023 | airi |
Required Fixed Charge Coverage Ratio
RequiredFixedChargeCoverageRatio
|
0.0095 | pure |
CY2023 | airi |
Excess Cash Flow Percentage
ExcessCashFlowPercentage
|
0.25 | pure |
CY2023 | airi |
Webster Facility Description
WebsterFacilityDescription
|
(i) 3.50% and (ii) a rate per annum equal to the rate per annum published from time to time in the “Money Rates” table of the Wall Street Journal (or such other presentation within The Wall Street Journal as may be adopted hereafter for such information) as the base or prime rate for corporate loans at the nation’s largest commercial bank, less sixty-five hundredths (-0.65%) of one percent per annum. | |
CY2023 | us-gaap |
Short Term Debt Weighted Average Interest Rate Over Time
ShortTermDebtWeightedAverageInterestRateOverTime
|
0.0755 | pure |
CY2022 | us-gaap |
Short Term Debt Weighted Average Interest Rate Over Time
ShortTermDebtWeightedAverageInterestRateOverTime
|
0.045 | pure |
CY2022Q2 | us-gaap |
Subordinated Debt Current
SubordinatedDebtCurrent
|
5000000 | usd |
CY2022Q2 | airi |
Capital Expenditure Line Of Credit
CapitalExpenditureLineOfCredit
|
2000000 | usd |
CY2022Q4 | us-gaap |
Securities Borrowed
SecuritiesBorrowed
|
878000 | usd |
CY2023Q4 | us-gaap |
Securities Borrowed
SecuritiesBorrowed
|
739500 | usd |
CY2022Q2 | us-gaap |
Payments For Fees
PaymentsForFees
|
20000 | usd |
CY2023Q3 | airi |
Fifth Amenment Description
FifthAmenmentDescription
|
●On August 4, 2023, the Company entered into a Fifth Amendment that waived a default caused by the failure by the Company to meet the required Fixed Charge Coverage Ratio for the fiscal quarter ended March 31, 2023. Additionally, the amendment provided for a revised Fixed Charge Ratio for the fiscal quarters ending June 30, 2023, and September 30, 2023, and increased the amount of purchase money secured debt (such as finance leases) the Company is allowed to have outstanding at any time to $2,000,000. In connection with this amendment, the Company paid an amendment fee of $10,000. | |
CY2023Q3 | us-gaap |
Secured Debt
SecuredDebt
|
2000000 | usd |
CY2023Q3 | us-gaap |
Payments For Fees
PaymentsForFees
|
10000 | usd |
CY2023Q4 | airi |
Description Of Sixth Amendment
DescriptionOfSixthAmendment
|
●On November 20, 2023, the Company entered into a Sixth Amendment that waived defaults caused by our failure to achieve the required Fixed Charge Coverage Ratio of the Fifth Amendment and because we purchased capital expenditures (as defined) in excess of permitted amounts. This amendment further revised the Fixed Charge Coverage Ratio by requiring it to be calculated on a rolling period basis and not be less than, (a) 1.10x (as calculated on a six-months basis) for the fiscal quarter ending March 31, 2024 (b) 1.20x (as calculated on a nine-months basis) for the fiscal quarter ending June 30, 2024, and (iv) 1.25 (as calculated on a twelve-months basis) for all other fiscal quarters. This amendment also increased the Capital Expenditure limit to $2,500,000 in any fiscal year. In connection with these changes, the Company paid an amendment of $20,000. | |
CY2023Q4 | us-gaap |
Investment Company Senior Security Stock Asset Coverage Ratio
InvestmentCompanySeniorSecurityStockAssetCoverageRatio
|
0.0125 | pure |
CY2023Q4 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2500000 | usd |
CY2023Q4 | us-gaap |
Payments For Fees
PaymentsForFees
|
20000 | usd |
CY2023Q4 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
9830000 | usd |
CY2023 | airi |
Capital Expenditure Line Of Credit
CapitalExpenditureLineOfCredit
|
383000 | usd |
CY2023Q3 | us-gaap |
Advances To Affiliate
AdvancesToAffiliate
|
393233 | usd |
CY2023Q3 | us-gaap |
Affiliate Costs
AffiliateCosts
|
25233 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Term
LongTermDebtTerm
|
P20Y | |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
41000 | usd |
CY2023 | airi |
Finance Lease Right Of Use Assets Amortization
FinanceLeaseRightOfUseAssetsAmortization
|
123000 | usd |
CY2023 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
50000 | usd |
CY2022 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
2182 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
173000 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
2182 | usd |
CY2023 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
123000 | usd |
CY2022 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
284000 | usd |
CY2023 | airi |
Acquision Of Financed Lease Asset
AcquisionOfFinancedLeaseAsset
|
679000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y4M24D | |
CY2022Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y | |
CY2023Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0731 | pure |
CY2022Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0748 | pure |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
224000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
224000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
199000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
124000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
124000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
177000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
1072000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
188000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
165000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
719000 | usd |
CY2023Q4 | us-gaap |
Loans Payable
LoansPayable
|
22000 | usd |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
30000 | usd |
CY2023 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
6550000 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
554000 | usd |
CY2023Q4 | us-gaap |
Convertible Subordinated Debt
ConvertibleSubordinatedDebt
|
4812000 | usd |
CY2023Q4 | us-gaap |
Subordinated Debt
SubordinatedDebt
|
1350000 | usd |
CY2023Q4 | airi |
Convertible Subordinated Notes
ConvertibleSubordinatedNotes
|
6162000 | usd |
CY2023Q4 | airi |
Convertible Common Stock Per Share
ConvertibleCommonStockPerShare
|
15 | |
CY2023Q4 | us-gaap |
Convertible Subordinated Debt Current
ConvertibleSubordinatedDebtCurrent
|
2080000 | usd |
CY2023 | us-gaap |
Debt Instrument Convertible Conversion Price Decrease
DebtInstrumentConvertibleConversionPriceDecrease
|
9.3 | |
CY2023Q4 | us-gaap |
Subordinated Debt
SubordinatedDebt
|
1350000 | usd |
CY2022Q4 | us-gaap |
Notes Payable
NotesPayable
|
250000 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
972000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1156000 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
972000 | usd |
CY2023 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
1038000 | usd |
CY2022 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
1006000 | usd |
CY2023 | us-gaap |
Proceeds From Lease Payments
ProceedsFromLeasePayments
|
1038000 | usd |
CY2022 | us-gaap |
Proceeds From Lease Payments
ProceedsFromLeasePayments
|
1006000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y7M28D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y7M20D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.091 | pure |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0889 | pure |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1070000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
992000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
730000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2792000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
330000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2462000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
880000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1582000 | usd |
CY2023Q4 | us-gaap |
Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
|
7287 | shares |
CY2023 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
147000 | usd |
CY2022 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
155000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
5075000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
133000 | usd |
CY2018Q4 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
1000000 | usd |
CY2021Q3 | airi |
Damages Claim
DamagesClaim
|
700000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0243 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.041 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.0271 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.069 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.152 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.007 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.1013 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.184 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.0461 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
-0.005 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
4996000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
71000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
336000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
411000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
159000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
183000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
211000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
331000 | usd |
CY2023Q4 | airi |
Deferred Tax Assets Amortization On Related Party
DeferredTaxAssetsAmortizationOnRelatedParty
|
251000 | usd |
CY2022Q4 | airi |
Deferred Tax Assets Amortization On Related Party
DeferredTaxAssetsAmortizationOnRelatedParty
|
359000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Asset Intra Entity Transfer Asset Other Than Inventory
DeferredTaxAssetIntraEntityTransferAssetOtherThanInventory
|
715000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Asset Intra Entity Transfer Asset Other Than Inventory
DeferredTaxAssetIntraEntityTransferAssetOtherThanInventory
|
932000 | usd |
CY2023Q4 | airi |
Deferred Tax Asset I Deferred Gain On Sale Of Real Estate
DeferredTaxAssetIDeferredGainOnSaleOfRealEstate
|
23000 | usd |
CY2022Q4 | airi |
Deferred Tax Asset I Deferred Gain On Sale Of Real Estate
DeferredTaxAssetIDeferredGainOnSaleOfRealEstate
|
36000 | usd |
CY2023Q4 | airi |
Deferred Tax Assets Accrued Expenses
DeferredTaxAssetsAccruedExpenses
|
37000 | usd |
CY2022Q4 | airi |
Deferred Tax Assets Accrued Expenses
DeferredTaxAssetsAccruedExpenses
|
30000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
2024000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
1663000 | usd |
CY2023Q4 | airi |
Deferred Tax Asset Operating Lease Liablities
DeferredTaxAssetOperatingLeaseLiablities
|
546000 | usd |
CY2022Q4 | airi |
Deferred Tax Asset Operating Lease Liablities
DeferredTaxAssetOperatingLeaseLiablities
|
814000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
9431000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
9905000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
7903000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
7701000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
1528000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
2204000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1114000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1583000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
414000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
621000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1528000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
2204000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
7903000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
7701000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
202000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
198000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
22363000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
|
14719000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
|
7643000 | usd |
CY2022Q3 | airi |
Percentage Of Excise Taxes
PercentageOfExciseTaxes
|
0.01 | pure |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
190000 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
62000 | shares |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
482000 | usd |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
526000 | usd |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.61 | pure |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.46 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.97 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
246850 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
12.54 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
62000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
8.4 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
5800 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
12.04 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
303050 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.7 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
189620 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.46 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
30800 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
13.6 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
461870 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.34 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
397539 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
8.94 | |
CY2023Q2 | airi |
Aggregate Of Stock Options
AggregateOfStockOptions
|
108620 | shares |
CY2023Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
3.43 | |
CY2023Q2 | airi |
Aggregate Of Stock Options
AggregateOfStockOptions
|
6000 | shares |
CY2023Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
3.5 | |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P1Y | |
CY2023Q1 | airi |
Aggregate Of Stock Options
AggregateOfStockOptions
|
3000 | shares |
CY2023Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
8.5 | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P3Y | |
CY2022Q2 | airi |
Aggregate Of Stock Options
AggregateOfStockOptions
|
6000 | shares |
CY2022Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
8.4 | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P1Y | |
CY2022Q2 | airi |
Aggregate Of Stock Options
AggregateOfStockOptions
|
53000 | shares |
CY2022Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
8.4 | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P3Y | |
CY2023Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
95000 | usd |
CY2023 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y3M18D | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresIntrinsicValue
|
3.25 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
0 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresIntrinsicValue
|
4.25 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
0 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
8.4 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
8.4 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
417000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
316000 | usd |
CY2023 | airi |
Gain On Writeoff Of Accounts Payable
GainOnWriteoffOfAccountsPayable
|
usd | |
CY2022 | airi |
Stock Issued During Period Value Reverse Stock Splits
StockIssuedDuringPeriodValueReverseStockSplits
|
usd | |
CY2023 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
usd | |
CY2023 | airi |
Noncash Interest Expense
NoncashInterestExpense
|
usd | |
CY2023 | airi |
Noncash Gain On Accounts Payable Writeoff
NoncashGainOnAccountsPayableWriteoff
|
usd | |
CY2022 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
usd | |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
usd | |
CY2022 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
usd | |
CY2022 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
usd | |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
usd | |
CY2022Q4 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
usd | |
CY2022 | airi |
Finance Lease Right Of Use Assets Amortization
FinanceLeaseRightOfUseAssetsAmortization
|
usd | |
CY2023Q4 | us-gaap |
Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#FinanceLeaseLiabilityPaymentsDue | |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2023 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001009891 |