Tearsheet

Airship AI (AISP)


Market Price (5/3/2026): $2.43 | Market Cap: $82.9 Mil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Airship AI (AISP)


Market Price (5/3/2026): $2.43
Market Cap: $82.9 Mil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 35%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 31%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -13%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -60%

Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Autonomous Technologies. Themes include Edge AI, Machine Vision, Show more.

Weak multi-year price returns
2Y Excs Rtn is -109%, 3Y Excs Rtn is -154%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -7.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -47%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -34%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 11%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -52%

Key risks
AISP key risks include [1] an over-reliance on volatile government contracts which have already impacted revenue and [2] severe financial distress, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 35%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 31%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -13%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -60%
3 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Autonomous Technologies. Themes include Edge AI, Machine Vision, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -109%, 3Y Excs Rtn is -154%
5 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%
6 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -7.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -47%
7 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -34%
8 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 11%
9 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -52%
10 Key risks
AISP key risks include [1] an over-reliance on volatile government contracts which have already impacted revenue and [2] severe financial distress, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Airship AI (AISP) stock has lost about 20% since 1/31/2026 because of the following key factors:

1. Analyst Downgrades and Reduced Price Targets.

Airship AI experienced negative sentiment from analysts during the period. Zacks Research downgraded Airship AI's stock from a "hold" rating to a "strong sell" rating in a research note issued on April 29, 2026. Additionally, on April 27, 2026, Roth/MKM lowered its price target on Airship AI Holdings to $6.50 from $8.00, though it maintained a "Buy" rating. The consensus rating from 2 Wall Street analysts is currently "Sell," with an average price target of $6.50.

2. Operational Headwinds: Supply Chain and Government Budget Delays.

A significant factor contributing to the stock's decline has been operational challenges. Roth/MKM cited "near-term component availability issues, specifically memory for servers, and prolonged budgetary delays at the Department of Homeland Security" as reasons for a more subdued near-term outlook for Airship AI. These issues are impacting the conversion of the company's backlog, which stood at $10 million to $11 million at the start of 2026, and its record opportunity pipeline exceeding $173 million, largely related to Customs and Border Protection.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The -21.9% change in AISP stock from 1/31/2026 to 5/3/2026 was primarily driven by a -34.5% change in the company's P/S Multiple.
(LTM values as of)13120265032026Change
Stock Price ($)3.112.43-21.9%
Change Contribution By: 
Total Revenues ($ Mil)121527.3%
P/S Multiple8.35.4-34.5%
Shares Outstanding (Mil)3234-6.2%
Cumulative Contribution-21.9%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/3/2026
ReturnCorrelation
AISP-21.5% 
Market (SPY)3.6%54.3%
Sector (XLK)12.6%57.0%

Fundamental Drivers

The -48.8% change in AISP stock from 10/31/2025 to 5/3/2026 was primarily driven by a -51.0% change in the company's P/S Multiple.
(LTM values as of)103120255032026Change
Stock Price ($)4.752.43-48.8%
Change Contribution By: 
Total Revenues ($ Mil)141511.6%
P/S Multiple11.05.4-51.0%
Shares Outstanding (Mil)3234-6.5%
Cumulative Contribution-48.8%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/3/2026
ReturnCorrelation
AISP-48.6% 
Market (SPY)5.5%41.5%
Sector (XLK)8.0%40.2%

Fundamental Drivers

The -37.5% change in AISP stock from 4/30/2025 to 5/3/2026 was primarily driven by a -33.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020255032026Change
Stock Price ($)3.892.43-37.5%
Change Contribution By: 
Total Revenues ($ Mil)2315-33.5%
P/S Multiple4.65.416.5%
Shares Outstanding (Mil)2834-19.3%
Cumulative Contribution-37.5%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/3/2026
ReturnCorrelation
AISP-37.3% 
Market (SPY)30.4%38.0%
Sector (XLK)55.1%36.3%

Fundamental Drivers

null
null

Market Drivers

4/30/2023 to 5/3/2026
ReturnCorrelation
AISP-75.7% 
Market (SPY)78.7%10.1%
Sector (XLK)119.1%8.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AISP Return-0%3%-83%268%-54%-22%-77%
Peers Return-2%-18%61%91%31%-10%191%
S&P 500 Return27%-19%24%23%16%5%92%

Monthly Win Rates [3]
AISP Win Rate50%83%33%50%33%25% 
Peers Win Rate45%43%58%58%57%45% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
AISP Max Drawdown-2%-1%-83%-18%-56%-28% 
Peers Max Drawdown-22%-44%-14%-26%-27%-25% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PLTR, AXON, MSI, EVLV, SSTI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)

How Low Can It Go

EventAISPS&P 500
2025 US Tariff Shock
  % Loss-39.1%-18.8%
  % Gain to Breakeven64.2%23.1%
  Time to Breakeven76 days79 days
2024 Yen Carry Trade Unwind
  % Loss-32.6%-7.8%
  % Gain to Breakeven48.4%8.5%
  Time to Breakeven7 days18 days

Compare to PLTR, AXON, MSI, EVLV, SSTI

In The Past

Airship AI's stock fell -39.1% during the 2025 US Tariff Shock. Such a loss loss requires a 64.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventAISPS&P 500
2025 US Tariff Shock
  % Loss-39.1%-18.8%
  % Gain to Breakeven64.2%23.1%
  Time to Breakeven76 days79 days
2024 Yen Carry Trade Unwind
  % Loss-32.6%-7.8%
  % Gain to Breakeven48.4%8.5%
  Time to Breakeven7 days18 days

Compare to PLTR, AXON, MSI, EVLV, SSTI

In The Past

Airship AI's stock fell -39.1% during the 2025 US Tariff Shock. Such a loss loss requires a 64.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Airship AI (AISP)

Airship AI Holdings, Inc. provides AI-driven video, sensor, and data management surveillance platform in the United States. The company offers Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost foe high-definition recording with user defined low-bit rate video stream encoding. It serves government, public sector, law enforcement, military, and commercial enterprise organizations. The company was formerly known as Super Simple AI, Inc. and changed its name to Airship AI Holdings, Inc. on March 2023. Airship AI Holdings, Inc. was founded in 2006 and is headquartered in Redmond, Washington.

AI Analysis | Feedback

Here are 1-3 brief analogies for Airship AI (AISP):

  • A Palantir for surveillance data.
  • An Axon for enterprise and government surveillance.

AI Analysis | Feedback

  • Airship Acropolis OS: An AI-driven IP and analog video surveillance platform.
  • Airship Command: A suite of visualization tools designed for viewing data and evidence ingested from the edge.
  • Airship Outpost: Provides high-definition recording with user-defined low-bit rate video stream encoding.

AI Analysis | Feedback

Airship AI (AISP) serves a range of organizational customers rather than primarily individuals or specific named companies. Based on the provided description, its major customers fall into the following categories:

  • Government and Public Sector Organizations: This comprehensive category includes various government agencies, the broader public sector, law enforcement bodies, and military organizations.
  • Commercial Enterprise Organizations: This refers to private businesses and corporations across different industries.

AI Analysis | Feedback

null

AI Analysis | Feedback

Victor Huang, Chief Executive Officer & Chairman of the Board

Victor Huang has served as Chief Executive Officer of Airship AI Holdings, Inc. since 2007 and Chairman of the Board since 2012, having been the company's first employee in 2004. He is a founding visionary and one of Airship AI's largest shareholders. Before Airship AI, he worked as an independent trader and as a financial consultant at Smith Barney.

Mark E. Scott, Chief Financial Officer

Mark E. Scott has served as Chief Financial Officer of Airship AI Holdings, Inc. since March 2024, after serving as Interim Chief Financial Officer since November 2021 and as a consultant since February 2021. He is a certified public accountant. Prior to joining Airship AI, Mr. Scott was CFO and consultant for Valterra Partners LLC, a private equity firm, from 2017 to 2024. He also served as a consultant and CFO for Valuto, Inc., a bitcoin kiosk company, and GrowLife, Inc., an equipment supplier.

Derek Xu, Chief Operating Officer & Co-founder

Derek Xu is a co-founder and has served as Chief Operating Officer of Airship AI Holdings, Inc. since March 2022, and is on the Board of Directors. He previously held the CTO position and is a major shareholder. Before co-founding Airship AI in 2003, Mr. Xu co-founded a web service company that provided eCommerce solutions for small businesses. He has also held leadership positions at various tech companies, helping launch web-based products for financial institutions.

Paul Allen, President

Paul Allen has served as President of Airship AI Holdings, Inc. since 2019 (and President of the subsidiary Airship AI, Inc. since 2019), following roles as VP of Sales and Director of Business Development. Before joining Airship AI, he was a partner at a boutique firm in Northern Virginia that provided technical goods to the U.S. Government, which he left after a successful private acquisition. He also spent 14 years with IBM as a Business Unit Executive and retired from the U.S. Army 1st Special Forces Command after over 28 years of service.

Yanda Ma, Chief Technology Officer

Yanda Ma has served as Chief Technology Officer of Airship AI Holdings, Inc. since March 2022. He previously served as Airship AI's Vice President of Engineering, a position he held since 2005. He has developed multiple evolutions of company products, including Airship Enterprise Management and innovative edge solutions like Nexus Outpost, and holds multiple patents in streaming video and security technologies.

AI Analysis | Feedback

Key Risks to Airship AI (AISP)

  1. Customer Concentration and Dependence on Government Contracts: Airship AI relies heavily on a limited number of customers, particularly government agencies, for a substantial portion of its revenue. This dependence makes the company's financial performance vulnerable to the procurement cycles, spending decisions, and potential loss of these key clients, leading to revenue volatility and inconsistent results.

  2. Lack of Consistent Profitability and Need for Additional Funding: Airship AI has not achieved consistent profitability and has experienced operating losses. The company requires substantial additional funding to support its operations and growth, which could lead to dilution for existing shareholders if new equity is issued.

  3. Intense Competition and Rapid Technological Changes: The market for edge AI services is relatively new, highly competitive, and characterized by rapid technological advancements. Airship AI's success is contingent upon its ability to continuously develop enhancements to its existing services and introduce new offerings that gain market acceptance. Failure to keep pace with technological changes or compete effectively could adversely affect its growth and financial condition.

AI Analysis | Feedback

The following are clear emerging threats for Airship AI (AISP):

  • The increasing push by hyperscale cloud providers (e.g., Amazon Web Services, Microsoft Azure, Google Cloud) into offering full-stack, AI-powered surveillance and data management solutions directly to government and public sector clients. These providers possess immense resources, existing government relationships, and comprehensive AI/ML capabilities, allowing them to potentially undercut or outcompete specialized players like Airship AI by offering integrated, scalable, and potentially more cost-effective platforms.
  • The growing legislative and public backlash against AI-powered surveillance technologies, particularly facial recognition and automated monitoring, which could lead to increased regulation, restrictions, or outright bans on their use by government, law enforcement, and public sector organizations. This directly threatens the market demand and addressable market for Airship AI's core products.

AI Analysis | Feedback

Airship AI (NASDAQ: AISP) operates within the burgeoning markets of AI-driven video surveillance and data management platforms, catering to government, public sector, law enforcement, military, and commercial enterprise organizations. The global addressable market for AI in video surveillance was valued at an estimated USD 3.90 billion in 2024 and is projected to reach USD 12.46 billion by 2030, growing at a compound annual growth rate (CAGR) of 21.3% during the forecast period. Another estimate places the global market size at USD 6.51 billion in 2024, expected to grow to USD 28.76 billion by 2030 with a CAGR of 30.6% from 2025 to 2030. In North America, the AI in video surveillance market was valued at USD 2.08 billion in 2024. Specifically, the U.S. AI in video surveillance market was valued at USD 2.08 billion in 2025 and is projected to reach USD 10.57 billion by 2033. The broader U.S. video surveillance market is expected to reach US$ 50.54 billion by 2032, growing from US$ 18.57 billion in 2023 with a CAGR of 11.77% between 2024 and 2032. For data management platforms (DMP), which Airship AI utilizes for sensor and data management, the global market was estimated at USD 2.51 billion in 2024 and is projected to reach USD 7.02 billion by 2033, with a CAGR of 12.2% from 2025 to 2033. Other analyses report the global data management platforms market at USD 3.23 billion in 2023, with an expected growth to USD 8.50 billion by 2030, at a CAGR of 14.8%. North America holds a significant share of this market, accounting for over 35.0% of the global revenue in 2024. The U.S. data management platform market is projected to grow significantly at a CAGR of 11.1% from 2025 to 2033.

AI Analysis | Feedback

```html

Airship AI (NASDAQ: AISP) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

  1. Increased Sales to Government and Public Sector: Airship AI anticipates continued significant revenue growth from federal government customers, including the Department of Homeland Security (DHS) and Department of Justice (DOJ). The company has a history of securing substantial contracts with these agencies, and future funding initiatives, such as those related to the "One Big Beautiful Bill Act (OBBB)," are expected to further support long-term business development and contract awards in 2026 and beyond.
  2. Expansion into New Commercial Enterprise and Vertical Markets: The company plans to expand its customer base beyond its traditional government focus by targeting new commercial enterprise organizations and vertical markets. This includes strategic initiatives to increase brand awareness through marketing and industry events, with a particular emphasis on growth opportunities within the retail sector to combat organized retail crime (ORC).
  3. Growth of Proprietary AI-driven Hardware and Software Offerings: Airship AI is focused on refining and expanding its suite of proprietary AI-driven products, including Airship Acropolis OS, Airship Command, Airship Outpost, and Fortress analytic platforms. The introduction and increased sales of these branded hardware and software solutions are expected to enhance the company's competitive edge and contribute to improved gross margins and overall revenue growth. New Outpost AI product offerings and custom-trained AI models are also anticipated.
  4. Leveraging a Strong and Validated Sales Pipeline: Airship AI consistently reports a robust and validated sales pipeline, which includes single and multi-year opportunities across all its customer verticals. For instance, the company reported a validated pipeline of approximately $173 million as of the end of Q4 2025, and around $135 million at year-end 2024, with expected award timeframes within the next 18-24 months. The conversion of this pipeline into recognized revenue is a significant driver of future growth.
  5. Expansion into Mobile Autonomous Robotic Platforms: A strategic goal for Airship AI in 2026 is the expansion into mobile autonomous robotic platforms. This represents an entry into a new, potentially high-growth product and service category, which could open up additional market opportunities and diversify revenue streams.
```

AI Analysis | Feedback

Share Issuance

  • Airship AI announced the immediate exercise of outstanding warrants in October 2025, resulting in gross proceeds of approximately $9.7 million from the purchase of 2,162,162 shares of common stock at $4.50 per share.
  • As part of this warrant exercise agreement, exercising holders received new warrants to acquire up to 2,702,702 additional shares at an exercise price of $6.20 per share.
  • The company issued common stock for debt interest payments totaling $1,008,442 and for debt conversion amounting to $4,114,831. Additionally, $5,282,125 in common stock was issued for earnout shares in 2025.

Inbound Investments

  • In October 2025, Airship AI generated approximately $9.7 million in gross proceeds through the immediate exercise of outstanding warrants.
  • The company enhanced its capital structure by converting senior secured convertible promissory notes into equity.

Capital Expenditures

  • In the fourth quarter of 2025, Airship AI invested $863,000 in research and development.
  • The company plans continued investments in sales, business development, and product innovation, including edge and cloud analytic platforms.
  • Airship AI expects to conduct limited pilot deployments for its robotics initiatives in 2026.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Airship AI Earnings Notes12/16/2025
2How Low Can Airship AI Stock Really Go?10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to AISP.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PLTR_4302026_Monopoly_xInd_xCD_Getting_Cheaper04302026PLTRPalantir TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
ADSK_4102026_Dip_Buyer_FCFYield04102026ADSKAutodeskDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
8.5%8.5%0.0%
BSY_4102026_Dip_Buyer_FCFYield04102026BSYBentley SystemsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.2%4.2%0.0%
ENPH_4102026_Dip_Buyer_ValueBuy04102026ENPHEnphase EnergyDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.7%5.7%0.0%
BL_4102026_Dip_Buyer_High_CFO_Margins_ExInd_DE04102026BLBlackLineDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
3.2%3.2%-3.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AISPPLTRAXONMSIEVLVSSTIMedian
NameAirship .Palantir.Axon Ent.Motorola.Evolv Te.SoundThi. 
Mkt Price2.43144.46402.59436.077.206.9975.83
Mkt Cap0.1346.331.872.41.30.116.5
Rev LTM154,4752,78011,6821461041,463
Op Inc LTM-71,414-622,958-46-9-8
FCF LTM-82,101752,572-18540
FCF 3Y Avg-61,3131782,166-56993
CFO LTM-82,1342112,837199115
CFO 3Y Avg-61,3342702,424-714142

Growth & Margins

AISPPLTRAXONMSIEVLVSSTIMedian
NameAirship .Palantir.Axon Ent.Motorola.Evolv Te.SoundThi. 
Rev Chg LTM-33.5%56.2%33.5%8.0%40.5%2.1%20.7%
Rev Chg 3Y Avg-33.9%32.8%8.6%40.6%8.9%32.8%
Rev Chg Q102.5%70.0%38.5%12.3%32.3%5.9%35.4%
QoQ Delta Rev Chg LTM27.3%14.9%8.7%3.3%6.9%1.3%7.8%
Op Inc Chg LTM-105.9%355.5%-206.0%10.0%43.6%-5.7%2.1%
Op Inc Chg 3Y Avg-229.6%-66.6%19.8%21.6%-138.2%19.8%
Op Mgn LTM-47.1%31.6%-2.2%25.3%-31.4%-8.2%-5.2%
Op Mgn 3Y Avg-38.8%15.9%3.5%24.6%-74.2%-7.9%-2.2%
QoQ Delta Op Mgn LTM20.2%9.8%-1.1%0.3%6.7%1.6%4.1%
CFO/Rev LTM-52.2%47.7%7.6%24.3%12.8%8.9%10.9%
CFO/Rev 3Y Avg-35.7%40.0%13.1%22.3%-9.8%14.2%13.6%
FCF/Rev LTM-52.2%46.9%2.7%22.0%-12.6%4.7%3.7%
FCF/Rev 3Y Avg-35.7%39.4%8.9%19.9%-60.9%8.7%8.8%

Valuation

AISPPLTRAXONMSIEVLVSSTIMedian
NameAirship .Palantir.Axon Ent.Motorola.Evolv Te.SoundThi. 
Mkt Cap0.1346.331.872.41.30.116.5
P/S5.477.411.46.28.60.97.4
P/Op Inc-11.5244.9-512.424.5-27.5-10.4-11.0
P/EBIT-11.5244.9280.922.8-40.1-9.86.5
P/E2.8213.1255.133.6-38.0-9.518.2
P/CFO-10.4162.3150.525.567.49.646.4
Total Yield35.2%0.5%0.4%4.0%-2.6%-10.6%0.4%
Dividend Yield0.0%0.0%0.0%1.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-6.8%1.0%0.5%3.4%-8.0%5.3%0.8%
D/E0.00.00.10.10.00.10.0
Net D/E-0.1-0.00.00.1-0.0-0.1-0.0

Returns

AISPPLTRAXONMSIEVLVSSTIMedian
NameAirship .Palantir.Axon Ent.Motorola.Evolv Te.SoundThi. 
1M Rtn8.0%-2.7%-2.5%-0.7%19.4%4.9%2.1%
3M Rtn-21.9%-1.5%-16.7%8.6%16.3%0.1%-0.7%
6M Rtn-48.8%-27.9%-45.0%7.9%-7.0%-25.3%-26.6%
12M Rtn-38.0%16.2%-35.9%8.5%65.9%-55.7%-13.7%
3Y Rtn-75.8%1,857.5%83.7%55.2%101.7%-77.6%69.5%
1M Excs Rtn-2.9%-11.4%-14.9%-9.5%9.8%-3.3%-6.4%
3M Excs Rtn-26.0%-5.7%-20.9%4.4%12.2%-4.1%-4.9%
6M Excs Rtn-53.5%-32.3%-51.9%-3.4%-10.9%-29.0%-30.6%
12M Excs Rtn-67.2%-7.9%-64.2%-29.7%34.6%-84.8%-47.0%
3Y Excs Rtn-153.7%1,687.9%8.0%-21.7%55.0%-154.2%-6.8%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024
Single Segment12 
Hardware and software bundled systems 9
Post Contract Support (PCS) revenue and other services 5
Total1215


Price Behavior

Price Behavior
Market Price$2.44 
Market Cap ($ Bil)0.1 
First Trading Date05/10/2021 
Distance from 52W High-65.0% 
   50 Days200 Days
DMA Price$2.46$3.78
DMA Trenddowndown
Distance from DMA-0.8%-35.4%
 3M1YR
Volatility76.1%87.6%
Downside Capture2.101.93
Upside Capture181.35203.06
Correlation (SPY)52.7%37.8%
AISP Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta2.012.092.612.662.641.07
Up Beta2.272.162.782.111.391.13
Down Beta-2.112.232.043.654.121.34
Up Capture113%134%200%169%300%30%
Bmk +ve Days15223166141428
Stock +ve Days11192648109309
Down Capture109%243%281%235%196%108%
Bmk -ve Days4183056108321
Stock -ve Days10233674137361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AISP
AISP-39.9%87.2%-0.21-
Sector ETF (XLK)55.3%20.5%2.0436.6%
Equity (SPY)30.6%12.5%1.8838.5%
Gold (GLD)39.5%27.2%1.204.7%
Commodities (DBC)51.5%17.9%2.200.7%
Real Estate (VNQ)13.1%13.5%0.6717.8%
Bitcoin (BTCUSD)-17.1%42.2%-0.3337.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AISP
AISP-23.9%150.6%0.27-
Sector ETF (XLK)18.6%24.8%0.677.5%
Equity (SPY)12.8%17.1%0.598.2%
Gold (GLD)20.5%17.9%0.942.4%
Commodities (DBC)14.3%19.1%0.610.8%
Real Estate (VNQ)3.5%18.8%0.09-0.7%
Bitcoin (BTCUSD)7.7%56.2%0.352.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AISP
AISP-12.8%150.6%0.27-
Sector ETF (XLK)23.6%24.4%0.887.5%
Equity (SPY)14.9%17.9%0.718.2%
Gold (GLD)13.6%15.9%0.712.4%
Commodities (DBC)9.7%17.7%0.460.8%
Real Estate (VNQ)5.7%20.7%0.24-0.7%
Bitcoin (BTCUSD)67.7%66.9%1.072.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity4.5 Mil
Short Interest: % Change Since 33120265.5%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest9.9 days
Basic Shares Quantity34.1 Mil
Short % of Basic Shares13.3%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/17/2026-0.4%19.8%-1.2%
11/17/2025-11.1%-8.5%-15.3%
5/15/202511.9%33.8%28.5%
8/15/202413.5%51.8%7.9%
4/1/202410.4%22.7%-9.1%
SUMMARY STATS   
# Positive342
# Negative213
Median Positive11.9%28.3%18.2%
Median Negative-5.7%-8.5%-9.1%
Max Positive13.5%51.8%28.5%
Max Negative-11.1%-8.5%-15.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/17/202610-K
09/30/202511/14/202510-Q
06/30/202508/05/202510-Q
03/31/202505/15/202510-Q
12/31/202402/28/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/15/202410-Q
12/31/202304/01/202410-K
06/30/202309/11/2023S-4

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Huang, VictorCEO and Chairman of the BODDirectBuy32020262.2440,00089,6888,996,978Form
2Allen, Paul MPresidentDirectBuy122920252.74100,000274,270416,748Form
3Huang, VictorCEO and Chairman of the BODDirectBuy112420253.0210,00030,229619,238Form
4Huang, VictorCEO and Chairman of the BODDirectBuy112020253.1851,000161,986618,879Form
5Lebedin, LouisDirectBuy111820253.1850,000159,000318,000Form

Industry Resources

Technology Hardware, Storage & Peripherals Resources
The Verge
TechRadar
Tom’s Hardware
PCMag
CNET