$AIRT
AIR T INC Stock $airt

$airt Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000035318422000057 Filed on August 12, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$60.69M	$50.86M	$51.44M
YoY Change	40.36%	37.58%	10.08%
Cost Of Revenue	$47.33M	$37.39M	$38.07M
YoY Change	40.89%	31.79%	3.87%
Gross Profit	$13.36M	$13.47M	$13.37M
YoY Change	38.52%	56.71%	32.67%
Gross Profit Margin	22.01%	26.49%	25.98%
Selling, General & Admin	$10.66M	$11.78M	$3.813M
YoY Change	23.78%	43.34%	-61.82%
% of Gross Profit	79.84%	87.44%	28.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.027M	$861.0K	$714.0K
YoY Change	217.96%	126.58%	52.89%
% of Gross Profit	7.69%	6.39%	5.34%
Operating Expenses	$60.51M	$50.03M	$4.527M
YoY Change	42.26%	35.31%	-56.68%
Operating Profit	$179.0K	$834.0K	$8.838M
YoY Change	-74.57%	-20950.0%	-2444.3%
Interest Expense	$1.996M	$1.822M	-$1.767M
YoY Change	71.04%	94.04%	27.31%
% of Operating Profit	1115.08%	218.47%	-19.99%
Other Income/Expense, Net	-$2.087M	-$1.444M	-$108.0K
YoY Change	-128.44%	-542.94%	-117.53%
Pretax Income	-$1.908M	-$610.0K	$6.504M
YoY Change	-123.73%	-289.44%	-192.05%
Income Tax	-$600.0K	$200.0K	$1.418M
% Of Pretax Income			21.8%
Net Earnings	-$1.232M	-$1.433M	$4.346M
YoY Change	-116.31%	-595.85%	-177.4%
Net Earnings / Revenue	-2.03%	-2.82%	8.45%
Basic Earnings Per Share	-$0.43	-$0.50	$1.51
Diluted Earnings Per Share	-$0.43	-$0.50	$1.512M
COMMON SHARES
Basic Shares Outstanding	2.866M shares	2.866M shares	2.877M shares
Diluted Shares Outstanding	2.865M shares	2.866M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.859M	$8.086M	$6.475M
YoY Change	51.86%	-13.79%	-47.79%
Cash & Equivalents	$7.071M	$7.209M	$5.616M
Short-Term Investments	$788.0K	$877.0K	$859.0K
Other Short-Term Assets	$16.92M	$16.08M	$14.55M
YoY Change	69.35%	79.21%	38.48%
Inventory	$87.60M	$86.13M	$75.17M
Prepaid Expenses
Receivables	$22.57M	$16.01M	$19.68M
Other Receivables	$11.58M	$10.84M	$12.37M
Total Short-Term Assets	$146.5M	$137.1M	$128.2M
YoY Change	23.12%	25.32%	21.24%
LONG-TERM ASSETS
Property, Plant & Equipment	$21.34M	$21.26M	$21.21M
YoY Change	139.43%	151.41%	149.0%
Goodwill	$10.10M	$10.30M	$10.10M
YoY Change	138.94%	143.67%	138.94%
Intangibles	$10.72M	$11.79M	$13.26M
YoY Change			728.75%
Long-Term Investments	$11.56M	$11.09M	$9.864M
YoY Change	104.33%	96.51%	120.42%
Other Assets	$4.360M	$3.480M	$3.031M
YoY Change	-48.12%	-56.65%	-51.64%
Total Long-Term Assets	$79.40M	$76.07M	$79.36M
YoY Change	116.82%	113.13%	126.89%
TOTAL ASSETS
Total Short-Term Assets	$146.5M	$137.1M	$128.2M
Total Long-Term Assets	$79.40M	$76.07M	$79.36M
Total Assets	$225.9M	$213.2M	$207.6M
YoY Change	45.17%	46.92%	47.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$13.25M	$11.04M	$9.397M
YoY Change	19.87%	15.12%	12.62%
Accrued Expenses	$13.63M	$14.22M	$13.39M
YoY Change	38.31%	28.24%	-5.41%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$44.70M	$2.607M	$6.482M
YoY Change	3289.23%	-72.66%	14.95%
Total Short-Term Liabilities	$73.17M	$29.41M	$30.91M
YoY Change	229.25%	-2.79%	9.68%
LONG-TERM LIABILITIES
Long-Term Debt	$108.0M	$137.6M	$129.3M
YoY Change	15.66%	64.16%	57.99%
Other Long-Term Liabilities	$1.208M	$1.165M	$1.342M
YoY Change	-43.13%	-36.2%	-22.52%
Total Long-Term Liabilities	$1.208M	$1.165M	$1.342M
YoY Change	-43.13%	-36.2%	-22.52%
TOTAL LIABILITIES
Total Short-Term Liabilities	$73.17M	$29.41M	$30.91M
Total Long-Term Liabilities	$1.208M	$1.165M	$1.342M
Total Liabilities	$191.7M	$177.6M	$171.1M
YoY Change	52.94%	44.13%	43.27%
SHAREHOLDERS EQUITY
Retained Earnings	$24.80M	$26.22M	$26.73M
YoY Change	3.09%	60.66%	64.28%
Common Stock	$757.0K	$756.0K	$756.0K
YoY Change	0.13%	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)			$3.002M
YoY Change			14.71%
Treasury Stock Shares			156.3K shares
Shareholders Equity	$22.85M	$24.15M	$24.61M
YoY Change
Total Liabilities & Shareholders Equity	$225.9M	$213.2M	$207.6M
YoY Change	45.17%	46.92%	47.49%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	-$1.232M	-$1.433M	$4.346M
YoY Change	-116.31%	-595.85%	-177.4%
Depreciation, Depletion And Amortization	$1.027M	$861.0K	$714.0K
YoY Change	217.96%	126.58%	52.89%
Cash From Operating Activities	-$11.42M	-$2.531M	-$13.39M
YoY Change	-18.07%	-71.31%	-376.68%
INVESTING ACTIVITIES
Capital Expenditures	-$420.0K	$351.0K	-$353.0K
YoY Change	-40.51%	158.09%	-85.68%
Acquisitions
YoY Change
Other Investing Activities	-$296.0K	-$191.0K	-$13.49M
YoY Change	33.94%	-183.77%	-354.94%
Cash From Investing Activities	-$716.0K	-$1.060M	-$13.84M
YoY Change	-22.76%	-26.85%	-589.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$836.0K
YoY Change		-19.77%
Cash From Financing Activities	12.18M	$4.573M	30.17M
YoY Change	26.84%	-21.41%	-174.86%
NET CHANGE
Cash From Operating Activities	-11.42M	-$2.531M	-13.39M
Cash From Investing Activities	-716.0K	-$1.060M	-13.84M
Cash From Financing Activities	12.18M	$4.573M	30.17M
Net Change In Cash	53.00K	$1.155M	2.939M
YoY Change	-101.01%	-125.67%	-109.0%
FREE CASH FLOW
Cash From Operating Activities	-$11.42M	-$2.531M	-$13.39M
Capital Expenditures	-$420.0K	$351.0K	-$353.0K
Free Cash Flow	-$11.00M	-$2.882M	-$13.04M
YoY Change	-16.87%	-67.82%	-278.5%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	50028000	usd
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	36972000	usd
CY2022Q2	dei	Entity Central Index Key EntityCentralIndexKey	0000353184
CY2022Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2022Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2022Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q2	dei	Amendment Flag AmendmentFlag	false
CY2022Q2	dei	Document Type DocumentType	10-Q
CY2022Q2	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q2	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
CY2022Q2	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q2	dei	Entity File Number EntityFileNumber	001-35476
CY2022Q2	dei	Entity Registrant Name EntityRegistrantName	Air T, Inc.
CY2022Q2	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2022Q2	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	52-1206400
CY2022Q2	dei	Entity Address Address Line1 EntityAddressAddressLine1	5930 Balsom Ridge Road
CY2022Q2	dei	Entity Address City Or Town EntityAddressCityOrTown	Denver
CY2022Q2	dei	Entity Address State Or Province EntityAddressStateOrProvince	NC
CY2022Q2	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	28037
CY2022Q2	dei	City Area Code CityAreaCode	828
CY2022Q2	dei	Local Phone Number LocalPhoneNumber	464 – 8741
CY2022Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q2	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q2	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022Q2	dei	Entity Small Business EntitySmallBusiness	true
CY2022Q2	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q2	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	2866418	shares
CY2022Q2	us-gaap	Revenues Revenues	50862000	usd
CY2021Q2	us-gaap	Revenues Revenues	36968000	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11781000	usd
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8219000	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	861000	usd
CY2021Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	380000	usd
CY2022Q2	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	2000	usd
CY2021Q2	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-3000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	192000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	834000	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	1822000	usd
CY2021Q2	us-gaap	Interest Expense InterestExpense	939000	usd
CY2022Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	532000	usd
CY2021Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	83000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-154000	usd
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1182000	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1444000	usd
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	326000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-610000	usd
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	322000	usd
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-5000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-802000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	327000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	631000	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	38000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-1433000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	289000	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.50
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.10
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.50
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2866000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2882000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2866000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2890000	shares
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-802000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	327000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-529000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-49000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	475000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	11000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	17000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-1000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-37000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-39000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-839000	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	288000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	631000	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	38000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1470000	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	250000	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7209000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5616000	usd
CY2022Q2	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	877000	usd
CY2022Q1	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	859000	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	2314000	usd
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	2752000	usd
CY2022Q2	us-gaap	Restricted Investments Current RestrictedInvestmentsCurrent	1673000	usd
CY2022Q1	us-gaap	Restricted Investments Current RestrictedInvestmentsCurrent	1691000	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1327000	usd
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1368000	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	16006000	usd
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	19684000	usd
CY2022Q2	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	3148000	usd
CY2022Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	3230000	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	86132000	usd
CY2022Q1	us-gaap	Inventory Net InventoryNet	75167000	usd
CY2022Q2	airt	Employee Retention Credit Receivable Cares Act EmployeeRetentionCreditReceivableCARESAct	7689000	usd
CY2022Q1	airt	Employee Retention Credit Receivable Cares Act EmployeeRetentionCreditReceivableCARESAct	9138000	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	12092000	usd
CY2022Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	10106000	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	137140000	usd
CY2022Q1	us-gaap	Assets Current AssetsCurrent	128243000	usd
CY2022Q2	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	1031000	usd
CY2022Q1	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	780000	usd
CY2022Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	11141000	usd
CY2022Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	14509000	usd
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5675000	usd
CY2022Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5405000	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	21262000	usd
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	21212000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3237000	usd
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2947000	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	11789000	usd
CY2022Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	13260000	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	6987000	usd
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	7354000	usd
CY2022Q2	us-gaap	Equity Method Investments EquityMethodInvestments	11089000	usd
CY2022Q1	us-gaap	Equity Method Investments EquityMethodInvestments	9864000	usd
CY2022Q2	us-gaap	Goodwill Goodwill	10317000	usd
CY2022Q1	us-gaap	Goodwill Goodwill	10126000	usd
CY2022Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3480000	usd
CY2022Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3031000	usd
CY2022Q2	us-gaap	Assets Assets	213205000	usd
CY2022Q1	us-gaap	Assets Assets	207599000	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	11037000	usd
CY2022Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	9397000	usd
CY2022Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	172000	usd
CY2022Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	194000	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14222000	usd
CY2022Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	13391000	usd
CY2022Q2	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2607000	usd
CY2022Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1165000	usd
CY2022Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	6482000	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	1372000	usd
CY2022Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	1443000	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	29410000	usd
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	30907000	usd
CY2022Q2	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	137574000	usd
CY2022Q1	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	129326000	usd
CY2022Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	3045000	usd
CY2022Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2812000	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6423000	usd
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6734000	usd
CY2022Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1342000	usd
CY2022Q2	us-gaap	Liabilities Liabilities	177617000	usd
CY2022Q1	us-gaap	Liabilities Liabilities	171121000	usd
CY2022Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	10342000	usd
CY2022Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	10761000	usd
CY2022Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1.00
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1.00
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2022Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.25
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.25
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	4000000	shares
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	4000000	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3022745	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3022745	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2866418	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2866418	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	756000	usd
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	756000	usd
CY2022Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	156327	shares
CY2022Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	156327	shares
CY2022Q1	airt	Treasury Stock Average Price Per Share TreasuryStockAveragePricePerShare	19.20
CY2022Q2	airt	Treasury Stock Average Price Per Share TreasuryStockAveragePricePerShare	19.20
CY2022Q2	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	3002000	usd
CY2022Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	3002000	usd
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	472000	usd
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	393000	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	26222000	usd
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	26729000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-300000	usd
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-263000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	24148000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	24613000	usd
CY2022Q2	us-gaap	Minority Interest MinorityInterest	1098000	usd
CY2022Q1	us-gaap	Minority Interest MinorityInterest	1104000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	25246000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	25717000	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	213205000	usd
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	207599000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-802000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	327000	usd
CY2022Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	861000	usd
CY2021Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	380000	usd
CY2022Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	260000	usd
CY2021Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	492000	usd
CY2022Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-3718000	usd
CY2021Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4747000	usd
CY2022Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	7844000	usd
CY2022Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	351000	usd
CY2021Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	136000	usd
CY2021Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	3286000	usd
CY2022Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1640000	usd
CY2021Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1243000	usd
CY2022Q2	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	700000	usd
CY2021Q2	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-3187000	usd
CY2022Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	544000	usd
CY2021Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-941000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2531000	usd
CY2021Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-8821000	usd
CY2022Q2	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	880000	usd
CY2021Q2	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	1085000	usd
CY2022Q2	airt	Payments Related To Assets On Lease PaymentsRelatedToAssetsOnLease	20000	usd
CY2021Q2	airt	Payments Related To Assets On Lease PaymentsRelatedToAssetsOnLease	0	usd
CY2022Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-191000	usd
CY2021Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	228000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1060000	usd
CY2021Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1449000	usd
CY2022Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	29839000	usd
CY2021Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	14156000	usd
CY2022Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	30583000	usd
CY2021Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	11636000	usd
CY2022Q2	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	6177000	usd
CY2021Q2	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2022Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	836000	usd
CY2021Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1042000	usd
CY2022Q2	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	0	usd
CY2021Q2	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	4291000	usd
CY2022Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-24000	usd
CY2021Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	50000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4573000	usd
CY2021Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5819000	usd
CY2022Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	173000	usd
CY2021Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-49000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1155000	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4500000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8368000	usd
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	15927000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9523000	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11427000	usd
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	14714000	usd
CY2021Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	442000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-49000	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	238000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	11000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	1000	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	14879000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	25717000	usd
CY2022Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	-1439000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	79000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-529000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-926000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	475000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-17000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	25246000	usd
CY2022Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	4727000	usd
CY2022Q2	us-gaap	Revenues Revenues	50862000	usd
CY2021Q2	us-gaap	Revenues Revenues	36968000	usd
CY2022Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	4851000	usd
CY2022Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	3161000	usd
CY2022Q2	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	6593000	usd
CY2022Q1	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	4232000	usd
CY2022Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	627000	usd
CY2022Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1365000	usd
CY2022Q2	us-gaap	Deposits Deposits	2715000	usd
CY2022Q1	us-gaap	Deposits Deposits	2948000	usd
CY2022Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4287000	usd
CY2022Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4846000	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14222000	usd
CY2022Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	13391000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	200000	usd
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.315
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-5000	usd
CY2021Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.016
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-802000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	327000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	631000	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	38000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-1433000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	289000	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.50
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.10
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.50
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2866000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2882000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2866000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2890000	shares
CY2022Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	14677000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3237000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	11440000	usd
CY2022Q2	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	349000	usd
CY2022Q2	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	349000	usd
CY2022Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	15026000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3237000	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	11789000	usd
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	15864000	usd
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2947000	usd
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	12917000	usd
CY2022Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	343000	usd
CY2022Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	343000	usd
CY2022Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	16207000	usd
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2947000	usd
CY2022Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	13260000	usd
CY2021Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	400000	usd
CY2021Q2	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	49000	usd
CY2022Q2	us-gaap	Deposits With Clearing Organizations And Others Securities DepositsWithClearingOrganizationsAndOthersSecurities	0	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	917000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1069000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	997000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	928000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	888000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	840000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	5801000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	11440000	usd
CY2022Q2	us-gaap	Goodwill Goodwill	10300000	usd
CY2022Q1	us-gaap	Goodwill Goodwill	10100000	usd
CY2022Q1	us-gaap	Derivative Loss On Derivative DerivativeLossOnDerivative	100000	usd
CY2022Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	43000	usd
CY2022Q2	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	44000	usd
CY2021Q2	us-gaap	Deposits With Clearing Organizations And Others Securities DepositsWithClearingOrganizationsAndOthersSecurities	22000	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	86132000	usd
CY2022Q2	us-gaap	Airline Related Inventory Aircraft Parts AirlineRelatedInventoryAircraftParts	65887000	usd
CY2022Q1	us-gaap	Airline Related Inventory Aircraft Parts AirlineRelatedInventoryAircraftParts	60439000	usd
CY2022Q2	us-gaap	Inventory Gross InventoryGross	89170000	usd
CY2022Q1	us-gaap	Inventory Gross InventoryGross	78289000	usd
CY2022Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	3038000	usd
CY2022Q1	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	3122000	usd
CY2022Q1	us-gaap	Inventory Net InventoryNet	75167000	usd
CY2022Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	491000	usd
CY2021Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	447000	usd
CY2022Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	185000	usd
CY2021Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	282000	usd
CY2022Q2	us-gaap	Variable Lease Cost VariableLeaseCost	136000	usd
CY2021Q2	us-gaap	Variable Lease Cost VariableLeaseCost	147000	usd
CY2022Q2	us-gaap	Lease Cost LeaseCost	812000	usd
CY2021Q2	us-gaap	Lease Cost LeaseCost	876000	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	6987000	usd
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	7354000	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	7795000	usd
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	8177000	usd
CY2022Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P13Y7M
CY2022Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P13Y5M
CY2022Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0435
CY2022Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0433
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1305000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1386000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	1117000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	870000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	704000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	272000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	5027000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	10681000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2422000	usd
CY2022Q2	airt	Lessee Operating Lease Liability Discounted Excess Amount LesseeOperatingLeaseLiabilityDiscountedExcessAmount	464000	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	7795000	usd
CY2022Q1	us-gaap	Debt Instrument Periodic Payment DebtInstrumentPeriodicPayment	500000	usd
CY2022Q2	us-gaap	Income Tax Receivable IncomeTaxReceivable	2600000	usd
CY2022Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	141246000	usd
CY2022Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	136932000	usd
CY2022Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	1065000	usd
CY2022Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	1124000	usd
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	140181000	usd
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	135808000	usd
CY2022Q2	us-gaap	Income Tax Receivable IncomeTaxReceivable	2600000	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	2607000	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	39098000	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	12207000	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	39111000	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	5168000	usd
CY2022Q2	airt	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	43055000	usd
CY2022Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	141246000	usd
CY2022Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	1065000	usd
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	140181000	usd
CY2022Q2	us-gaap	Noncurrent Assets NoncurrentAssets	32403000	usd
CY2022Q1	us-gaap	Noncurrent Assets NoncurrentAssets	35721000	usd
CY2022Q2	us-gaap	Revenues Revenues	50862000	usd
CY2021Q2	us-gaap	Revenues Revenues	36968000	usd
CY2022Q2	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	4	segment
CY2022Q2	us-gaap	Revenues Revenues	50862000	usd
CY2021Q2	us-gaap	Revenues Revenues	36968000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	834000	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4000	usd
CY2022Q2	airt	Capital Expenditures CapitalExpenditures	371000	usd
CY2021Q2	airt	Capital Expenditures CapitalExpenditures	136000	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	861000	usd
CY2021Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	380000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	834000	usd
CY2022Q2	airt	Depreciation Depletion And Amortization Excluding Leases DepreciationDepletionAndAmortizationExcludingLeases	605000	usd
CY2022Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	2000	usd
CY2022Q2	us-gaap	General Insurance Expense GeneralInsuranceExpense	15000	usd
CY2022Q2	airt	Adjusted Ebitda AdjustedEBITDA	1452000	usd
CY2022Q2	us-gaap	Temporary Equity Accretion To Redemption Value TemporaryEquityAccretionToRedemptionValue	305000	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4000	usd
CY2021Q2	airt	Depreciation Depletion And Amortization Excluding Leases DepreciationDepletionAndAmortizationExcludingLeases	279000	usd
CY2021Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-3000	usd
CY2021Q2	us-gaap	General Insurance Expense GeneralInsuranceExpense	5000	usd
CY2021Q2	airt	Adjusted Ebitda AdjustedEBITDA	283000	usd
CY2022	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-700000	usd
CY2022Q2	airt	Redeemable Noncontrolling Interest Equity Net Change In Fair Value RedeemableNoncontrollingInterestEquityNetChangeInFairValue	-1000000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest	300000	usd
CY2022Q2	airt	Execution Agreement Term ExecutionAgreementTerm	P5Y
CY2022Q1	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	1000000	usd
CY2022Q2	airt	Temporary Equity Contributions From Non Controlling Members TemporaryEquityContributionsFromNonControllingMembers	0	usd
CY2022Q2	airt	Temporary Equity Distributions To Non Controlling Interest TemporaryEquityDistributionsToNonControllingInterest	0	usd
CY2022Q2	us-gaap	Temporary Equity Net Income TemporaryEquityNetIncome	-12000	usd

Files In Submission

Name	View Source	Status
0000353184-22-000057-index-headers.html	Edgar Link	pending
0000353184-22-000057-index.html	Edgar Link	pending
0000353184-22-000057.txt	Edgar Link	pending
0000353184-22-000057-xbrl.zip	Edgar Link	pending
airt-20220630.htm	Edgar Link	pending
airt-20220630.xsd	Edgar Link	pending
airt-20220630xex311.htm	Edgar Link	pending
airt-20220630xex312.htm	Edgar Link	pending
airt-20220630xex321.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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airt-20220630_def.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
airt-20220630_pre.xml	Edgar Link	unprocessable
airt-20220630_lab.xml	Edgar Link	unprocessable
airt-20220630_htm.xml	Edgar Link	completed
R42.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
airt-20220630_cal.xml	Edgar Link	unprocessable

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$AIRT
AIR T INC Stock $airt

2022 Q3 Form 10-Q Financial Statement

#000035318422000057 Filed on August 12, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AIRT AIR T INC Stock $airt

2022 Q3 Form 10-Q Financial Statement

#000035318422000057 Filed on August 12, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AIRT
AIR T INC Stock $airt