XTI Aerospace Inc
xtiaerospace.comWhat Do They Do?
Distributes drone hardware and lifecycle services to enterprise, government, and consumer customers, and develops unmanned platforms for defense and commercial applications.
10-K for FY2025, filed Apr 15, 2026XTI Aerospace is a provider of unmanned aerial systems (“UAS”) solutions operating through two business divisions: a commercial drone…View ↗
XTI’s commercial drone solutions business is currently conducted primarily through Drone Nerds, a UAS solutions provider offering hardware…View ↗
The ADS division is focused on the design, development, and production of unmanned platforms for defense and commercial applications…View ↗
The Company delivers solutions through wholesale distribution, direct sales, and direct-to-consumer retail channels. Wholesale revenue…View ↗
How Do They Make Money?
Customers pay for drones, equipment, and accessories. Retail purchases are generally paid immediately and count when sold; wholesale buyers generally pay within 30–60 days, with sales counted when products ship.
10-K for FY2025, filed Apr 15, 2026Revenue from continuing operations is primarily derived from the sale and distribution of high-end drones, related equipment, accessories…View ↗
Upon shipment for wholesale transactions (FOB shipping point), orView ↗
At the point of sale for retail transactions.View ↗
Payment terms vary by customer and channel and generally range from immediate payment at retail to 30–60 days for wholesale customers.View ↗
$22.5M
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10-K for FY2025, filed Apr 15, 2026
$22.5M ↗
Who Are Their Customers?
Enterprise, commercial, and government customers buy directly or through resellers and channel partners; consumers buy through the retail showroom and e-commerce platform.
10-K for FY2025, filed Apr 15, 2026
10-K for FY2025, filed Apr 15, 2026
Revenue is primarily generated in the United States; however, approximately 25% of total revenue for the year ended December 31, 2025 was…View ↗
Do Revenues Turn Into Profits?
No. It lost $68.8M in FY2025.
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Oct 20, 2026
−$2.8MView ↗
- ▼ −87% (Loss)
- vs −$20.9M in Q2 FY2025
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Sep 1, 2026
Nasdaq issued a deficiency notice over XTI’s late quarterly report
The notice gives XTI 60 days to submit a plan to regain compliance and has no immediate effect on its listing.
Sources
8-K, filed Sep 1, 2026
The Notice provides that the Company has 60 calendar days from the date of the Notice (that is, until October 26, 2026) to submit a plan to…View ↗
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Aug 18, 2026
Scott Pomeroy resigned as chair and CEO
The board appointed Jeremy Schneiderman as interim CEO.
Sources
8-K, filed Aug 18, 2026
On August 17, 2026, Scott Pomeroy (“Pomeroy”) resigned, effective as of such date, as the Chairman and Chief Executive Officer and director…View ↗
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Jun 26, 2026
XTI replaced CBIZ with KPMG as its independent accountants
Sources
8-K, filed Jun 26, 2026
CBIZ CPAs P.C. (“CBIZ”) was previously the principal accountants for XTI Aerospace, Inc. (the “Company”). CBIZ was dismissed effective June…View ↗
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May 14, 2026
Set 2026 revenue target at $160 million or greater
The company also targeted gross profit margins of 19% to 21% and cash-flow breakeven in the third quarter.
Sources
8-K, filed May 14, 2026
Full year 2026 gross profit as a percentage of revenue of 19 percent to 21 percentView ↗
Shift to drone solutions
The older Inpixon business focused on indoor location and industrial tracking and also sold software for advertising and scientific analysis; the latest report centers on drone distribution and support, alongside development-stage defense and domestic manufacturing efforts.
10-K for FY2022, filed Apr 17, 2023 10-K for FY2025, filed Apr 15, 2026Inpixon is the Indoor Intelligence™ company. Our solutions and technologies help organizations create and redefine exceptional experiences…View ↗
We report financial results for three segments: Indoor Intelligence, Shoom and SAVES. For Indoor Intelligence, we generate revenue from…View ↗
Through our SAVES product line we offer a comprehensive set of data analytics and statistical visualization software solutions for…View ↗
XTI Aerospace is a provider of unmanned aerial systems (“UAS”) solutions operating through two business divisions: a commercial drone…View ↗
XTI’s commercial drone solutions business is currently conducted primarily through Drone Nerds, a UAS solutions provider offering hardware…View ↗
The Advanced Technology and Manufacturing (ATM) division is expected to be led by Alex Williams, Ph.D., and is expected to be focused on…View ↗
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