XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.22.1

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Accounting Policies [Abstract] |
Schedule of Valuation reserve deducted from prepaid expenses and other current assets |
Description |  | Balance at Beginning of Year |  |  | Charges to Loss on Sale of Subsidiary |  |  | Deductions |  |  | Balance at end of year |
Valuation reserve deducted from Prepaid Expenses and Other Current Assets: |  |  |  |  |  |  |  |  |  |  |  |
Year ended December 31, 2020 |  | $ | 1,770,000 |  |  | $ | - |  |  | $ | (1,770,000 | ) |  | $ | - |
Schedule of credit and concentration risks |
|  | Percentage of Sales |
Customer |  | 2021 |  |  | 2020 |
1 |  |  | 37.2 | % |  |  | 30.4 | %
2 |  |  | 25.7 | % |  |  | 30.3 | %
3 |  |  | 12.5 | % |  |  | 13.2 | %
|  | Percentage of Receivables |
|  | December |  |  | December |
Customer |  | 2021 |  |  | 2020 |
1 |  |  | 50.3 | % |  |  | 57.1 | %
2 |  |  | 12.7 | % |  |  | 12.0 | %
3 |  |  | 11.7 | % |  |  | 11.2 | %
Schedule of calculation of net income (loss) |
|  | 2021 |  |  | 2020 |
Income from continuing operations - Basic |  | $ | 1,627,000 |  |  | $ | 1,326,000 |
Add: Convertible Note Interest for Potential Note Conversion |  |  | 322,000 |  |  |  | 499,000 |
Add: Convertible Note debt discount for Potential Note Conversion |  |  | - |  |  |  | 149,000 |
Income from continuing operations used to calculate earnings per share - Diluted |  | $ | 1,949,000 |  |  | $ | 1,974,000 |
Schedule of basic and diluted earnings per share |
|  | 2021 |  |  | 2020 |
Weighted average shares outstanding used to compute basic |  |  |  |  |  |
earnings per share |  |  | 32,049,372 |  |  |  | 30,742,154 |
Effect of dilutive stock options and warrants |  |  | 317,371 |  |  |  | 1,590,000 |
Effect of dilutive convertible notes payable |  |  | 4,057,432 |  |  |  | 4,414,929 |
Weighted average shares outstanding and dilutive securities used to compute dilutive earnings per share |  |  | 36,424,175 |  |  |  | 36,747,083 |
Per share amount - basic |  | $ | 0.05 |  |  | $ | 0.04 |
Per share amount - diluted |  | $ | 0.05 |  |  | $ | 0.05 |
Schedule of anti-dilutive securities |
|  | 2021 |  |  | 2020 |
Stock Options |  |  | 1,183,500 |  |  |  | 549,000 |
Warrants |  |  | 1,227,211 |  |  |  | 1,909,902 |
|  |  | 2,410,711 |  |  |  | 2,458,902 |

X
- Definition Tabular disclosure of anti dilutive securities. + References No definition available. + Details
Name: | airi_AntidilutiveSecuritiesTableTextBlock
Namespace Prefix: | airi_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other current assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13537-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13531-108611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6327-108592 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6442-108592 + Details
Name: | us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration