AISP PRESS-RELEASE SEC Filing Analysis

Latest settled — T+5d

AISP ▼ -2.05% at T+5d

SHORT call ✓ call won +2.05% · α vs SPY +1.96% · entry $2.44 → $2.39

Next anchor: T+20d due 4d ago

Currently $3.01 · -23.36% from $2.44 entry (call sign-flipped)

Entry anchored
May 8, 03:59 PM ET
via Databento tick

T+1d

-3.69%

call +3.69% · α +3.55%

$2.35

settled 5w ago

T+5d

-2.05%

call +2.05% · α +1.96%

$2.39

settled 26d ago

T+20d

—

call — · α —

—

due 4d ago

T+60d

—

call — · α —

—

in 8w

Price Chart

Loading chart...

Executive Summary

Airship AI reported Q1 2026 revenue of $6.3M, up 15% YoY but missing consensus estimate of $6.9M by 7.9%. Net loss was $0.02 per share vs expected breakeven, with no quantitative guidance provided. The miss on both top and bottom lines, combined with persistent operating losses, is likely to pressure the stock near term.

Key Financial Metrics

Gross Margin

50%

Actionable Insight

Monitor upcoming contract awards tied to DHS and OB3 funding, as the company's high pipeline visibility has yet to translate into consistent revenue beats. Near-term price action may hinge on management's ability to convert pipeline into billings.

Key Facts

Q1 2026 revenue $6.35M, up 15% YoY from $5.50M but below $6.9M consensus.
GAAP EPS -$0.02 vs consensus $0.00 (miss).
Gross margin improved to 50% from 42% YoY.
Operating loss of $1.58M narrows slightly from $1.71M in Q1 2025.
Net loss of $0.72M includes $1.5M non-cash gain on warrant revaluation and $0.73M loss on earnout liability change.
Operating cash flow positive at $0.81M; cash balance $12.6M.
No specific revenue or EPS guidance provided; outlook focuses on OB3 funding pipeline.
Backlog of $4.6M as of May 8, 2026; total pipeline ~$165.3M.

Financial Impact

Revenue miss of ~$0.55M (7.9%) and EPS miss of $0.02 vs zero consensus; non-cash items dominate net income, making core operations opaque.

revenueearnings per sharegross marginoperating cash flow

Risk Factors

Revenue concentration on government contracts with uncertain budget timing.
Continued dependence on non-cash fair value adjustments for reported profitability.
Low market cap ($88M) amplifies price volatility on any news.

Market Snapshot

Exchange

Nasdaq

Sector

Services-Prepackaged Software

Analyst Consensus

86% bullish (7 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3291949

US Market Status

Market Closed — Opens Mon (47h 29m)

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access