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Air Industries Group (NYSE:AIRI) Q2 2025 Earnings Conference Call August 14, 2025 4:30 PM ET
Company Participants
Luciano M. Melluzzo - President & CEO
Scott A. Glassman - CFO, Principal Accounting Officer & Secretary
SHAREHOLDERS - Corporate Participant
Operator
Hello, and welcome to the Air Industries Group Second Quarter of 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
This call may contain forward-looking statements as defined in Section 27A of the Securities Act of 1933 as amended, including statements regarding, among other things, the company's business strategy and growth strategy. Expressions, which identify forward- looking statements speak only as of the date the statement is made. These forward-looking statements are based largely on our company's expectations and are subject to a number of risks and uncertainties, some of which are beyond our control and cannot be predicted or quantified. These future developments and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements.
In light of these risks and uncertainties, there can be no assurance that the forward-looking information will prove to be accurate. This call does not constitute an offer to purchase any securities nor a solicitation of a proxy, consent, authorization or agent designation with respect to a meeting of the company's shareholders.
At this time, I would now like to turn the call over to Lou Melluzzo, President and CEO. Please go ahead, sir.
Luciano M. Melluzzo
Thank you, Joe, and thank you all for joining us today. There is no avoiding the fact that our results for the second quarter and 6 months of 2025 were disappointing. In the second quarter, we faced some headwinds. Delays in customer approvals, extended lead times from subcontractors definitely impacted our results. Combined with a higher noncash stock compensation, we had a net loss for the
