XTI Aerospace Anticipates Q2 Revenue of $32.40 Million, Operating Loss of $9.10 Million

Provides Preliminary Second Quarter Results and Update on 2026 Guidance DALLAS, Oct. 13, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA ) ("XTI Aerospace," "XTI" or the "Company"), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC ("Drone Nerds"), a leading drone solutions platform serving commercial, enterprise and government customers, today announced that its internal review, initiated in July 2026, has been completed and the Company is on track to file its Form 10-Q by October 26, 2026. Preliminary Second Quarter Results The Company anticipates reporting second quarter revenue of approximately $32.4 million, gross profit of approximately $5.6 million and loss from operations of approximately $9.1 million. The preliminary financial information in this press release is unaudited, reflects management's current estimates based on information available as of the date of this press release, and remains subject to the completion of the Company's financial closing procedures and the review of the Company's independent registered public accounting firm. The Company's actual results for the second quarter may differ from these preliminary estimates. Update on 2026 Guidance The Company is withdrawing its previously issued 2026 financial guidance at this time and expects to provide a comprehensive update at a later date.