# Air T Inc: Form 10-K/A for the period ended Mar 31, 2023

- Company: [Air T Inc](/companies/airt.md) (CIK 353184)
- Form: 10-K/A
- Filed: 2023-06-28
- Accepted by EDGAR: Jun 28, 2023, 11:10 ET
- Period: 2023-03-31
- Accession: 0000353184-23-000074
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/353184/000035318423000074/airt-20230331.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/353184/000035318423000074/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-03-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 3 months, 2023-01-01 to 2023-03-31 | $74.4m | us-gaap:Revenues |
| Revenue | 12 months, 2022-04-01 to 2023-03-31 | $247.3m | us-gaap:Revenues |
| Operating income | 12 months, 2022-04-01 to 2023-03-31 | −$4.4m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2022-04-01 to 2023-03-31 | $7.9m | us-gaap:InterestExpense |
| Income tax | 12 months, 2022-04-01 to 2023-03-31 | $432.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months, 2023-01-01 to 2023-03-31 | −$9.0m | us-gaap:NetIncomeLoss |
| Net income | 12 months, 2022-04-01 to 2023-03-31 | −$12.3m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2022-04-01 to 2023-03-31 | −$4.32 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2022-04-01 to 2023-03-31 | −$4.32 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2022-04-01 to 2023-03-31 | 2,847,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2022-04-01 to 2023-03-31 | $16.9m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2022-04-01 to 2023-03-31 | $1.2m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2023-03-31 | $5.8m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2023-03-31 | $116.6m | us-gaap:AssetsCurrent |
| Total assets | at 2023-03-31 | $189.6m | us-gaap:Assets |
| Current liabilities | at 2023-03-31 | $64.3m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2023-03-31 | $163.9m | us-gaap:Liabilities |
| Long-term debt | at 2023-03-31 | $125.1m | us-gaap:LongTermDebt |
| Shareholders' equity | at 2023-03-31 | $11.9m | us-gaap:StockholdersEquity |

## Sections

No standard item headings were found in this filing’s main document, so no sections were extracted. Read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/353184/000035318423000074/airt-20230331.htm

Filed Jun 28, 2023.
Source: SEC EDGAR, the filing index for accession 0000353184-23-000074. Last ingested by Listed: Nov 14, 2026, 21:44 ET. No prices; not investment advice.