XTI Aerospace (XTI Aerospace) Buildings And Improvements : $0.83 Mil (As of Dec. 2023)

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What is XTI Aerospace Buildings And Improvements?

XTI Aerospace's quarterly buildings and improvements increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($1.43 Mil) but then declined from Dec. 2022 ($1.43 Mil) to Dec. 2023 ($0.83 Mil).

XTI Aerospace's annual buildings and improvements increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($1.43 Mil) but then declined from Dec. 2022 ($1.43 Mil) to Dec. 2023 ($0.83 Mil).

XTI Aerospace Buildings And Improvements Historical Data

The historical data trend for XTI Aerospace's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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XTI Aerospace Buildings And Improvements Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Buildings And Improvements

1.43

0.83

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Buildings And Improvements	-	1.43	0.83

XTI Aerospace Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024