Traders should be concerned about the material weakness in internal controls and the revenue decline. The company's ability to maintain accurate financial reporting is in question, which could lead to further restatements. The 15.8% revenue decline suggests ongoing business challenges despite cost-cutting measures.
Price Chart
Executive Summary
Airsculpt Technologies filed an amended 10-K to correct non-GAAP financial measures, overstating Adjusted EBITDA and Adjusted Net Loss by $2.7 million due to an error related to the London facility closure. The error did not affect GAAP financial statements or audit opinion. The company also disclosed a material weakness in internal controls over lease accounting, which required revision of prior period financials.
Key Facts
- Amended 10-K corrects $2.7 million overstatement in non-GAAP Adjusted EBITDA and Adjusted Net Loss due to London facility closure accounting error
- Error did not impact GAAP financial statements or audit opinion
- Company identified material weakness in internal controls over lease accounting, requiring revision of prior period financials
- London facility closure resulted in $2.2 million in costs, including $2.4 million loss on PPE and $3.3 million in accelerated rent amortization
- Company generated $151.8 million revenue in 2025, down 15.8% from $180.4 million in 2024
Financial Impact
Adjusted EBITDA and Adjusted Net Loss overstated by $2.7 million; $2.2 million in costs from London facility closure
Risk Factors
- Material weakness in internal controls over financial reporting
- Revenue decline of 15.8% year-over-year
- Potential for further financial restatements
- Loss of investor confidence due to accounting errors
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 10-K/A Filing (Primary) | 0001870940-26-000021 |
| Exhibit: ex231-consentofindependent.htm | 0001870940-26-000021 |
| Document: a10-kexhibit31212312025.htm | 0001870940-26-000021 |
| Document: a10-kexhibit31112312025.htm | 0001870940-26-000021 |
| Document: a10-kexhibit32112312025.htm | 0001870940-26-000021 |
| Document: 0001870940-26-000021-index-headers.html | 0001870940-26-000021 |
| Document: 0001870940-26-000021-index.html | 0001870940-26-000021 |
| Document: 0001870940-26-000021.txt | 0001870940-26-000021 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 15, 2026 10w ago | Institutional Cluster | $3.09 $2.13 | ▼ −30.96% | ▼ −28.98% | $1.27 (−58.83%) |
Aug 10, 2026 11w ago | 8-K | $2.75 $2.71 | ▲ +1.64% | ▲ +0.72% | $1.27 (+53.82%) |
Aug 10, 2026 11w ago | Press Release | $2.75 $2.71 | ▲ +1.64% | ▲ +0.72% | $1.27 (+53.82%) |
May 8, 2026 24w ago | 8-K | $3.86 $5.11 | ▲ +32.38% | ▲ +32.36% | $1.27 (−67.10%) |
May 8, 2026 24w ago | Press Release | $3.86 $5.11 | ▼ −32.38% | ▼ −32.36% | $1.27 (+67.10%) |
May 1, 2026 25w ago | Press Release | $3.32 $5.30 | ▲ +59.64% | ▲ +54.35% | $1.27 (−61.75%) |
Apr 6, 2026 29w ago | 10-K/A | $3.10 $3.44 | ▼ −10.97% | ▼ −1.98% | $1.27 (+59.03%) |
Apr 6, 2026 29w ago | Press Release | $3.10 $3.44 | ▼ −10.97% | ▼ −1.98% | $1.27 (+59.03%) |
Apr 2, 2026 29w ago | 8-K | $3.17 $2.68 | ▲ +15.46% | ▲ +25.33% | $1.27 (+59.94%) |
Apr 2, 2026 29w ago | Press Release | $3.17 $2.68 | ▲ +15.46% | ▲ +25.33% | $1.27 (+59.94%) |
US Market Status
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