XTI Aerospace Announces Completion of Internal Review; On Track to File Quarterly Report on Form 10-Q By October 26, 2026
PR Newswire•13/10/2026•07:00 ET
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Key Highlights
- ➤Form 10-Q filing targeted by October 26, 2026, after internal review completion
- ➤Internal review found no financial misstatements, according to XTI Aerospace
- ➤Preliminary Q2 revenue approximately $32.4 million; gross profit approximately $5.6 million
- ➤Preliminary Q2 operating loss approximately $9.1 million, unaudited and subject to review
- ➤XTI withdraws previously issued 2026 financial guidance pending comprehensive update
Expert Statements
Jeremy Schneiderman, Interim CEO of XTI Aerospace
“With the internal review complete, I am happy to report that there were no financial misstatements discovered and we are on track to report our second quarter results later this month.”
Jeremy Schneiderman, Interim CEO of XTI Aerospace
“With this assessment behind us, we believe we are better positioned to ensure that our corporate governance procedures meet the highest standards of compliance and transparency moving forward. We appreciate the patience and support of our employees, partners, customers, and shareholders during this process as we build a best-in-class governance structure.”
XTI Aerospace Announces Completion of Internal Review; On Track to File Quarterly Report on Form 10-Q By October 26, 2026 PR Newswire
Provides Preliminary Second Quarter Results and Update on 2026 Guidance
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