AIR INDUSTRIES GROUP (AIRI) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K/A	10-K/A	10-K/A
Assets
Cash and equivalents	0.3	0.6	2.5	1.3	2.0	0.6	1.3	0.5
Accounts receivable, net	9.5	10.5	8.8	7.9	6.5	5.5	6.1	13.7
Inventories	31.8	29.5	32.1	28.6	29.1	31.1	32.6	36.9
Other current assets	0.6	0.2	0.2	0.4	0.5	10.3	22.0	5.0
Total current assets	42.2	40.9	43.6	38.2	38.0	47.6	62.0	56.1
Property, plant, and equipment, net	8.6	8.4	9.6	7.6	8.8	10.1	11.2	15.3
Intangibles							5.4	11.1
Goodwill		0.2	0.2	0.2	0.2	0.3	6.5	10.5
Other fixed assets				1.8
Total assets	53.8	53.4	57.8	51.1	47.8	60.8	82.8	88.3

Accounts payable			7.2	6.6	6.8	8.6	12.0	9.8
Short-term and curr portion of long-term debt [+]	16.9	14.1	16.5	22.5	19.3	23.4	-1.1	40.9
Short-term debt	14.5	14.1	16.5	22.5	19.3	23.4	-1.1	40.9
Current portion of long-term debt	2.5
Deferred revenues								1.0
Other current liabilities	6.7	9.3	3.6	3.5	2.9	6.0	42.5	2.3
Total current liabilities	23.6	23.4	27.3	32.6	29.0	38.0	53.4	54.0
Long-term debt	37.4	32.7	38.1	3.4	5.7	30.3	39.9	3.9
Other liabilities	-24.1	-20.0	-22.7	4.9	1.4	-25.3	-35.4	1.6
Total liabilities	37.0	36.0	42.7	40.9	36.2	43.0	57.9	59.4

Shareholders' equity [+]	16.8	17.4	15.1	10.2	11.6	17.8	24.9	28.8
Paid-in capital	82.4	81.9	81.2	77.4	76.1	71.3	55.9	44.2
Retained earnings	-65.6	-64.5	-66.2	-67.3	-64.5	-53.5	-31.0	-15.4
Tangible shareholders' equity	16.8	17.2	14.9	10.0	11.4	17.5	13.0	7.2