AirSculpt Technologies Inc. (NASDAQ:AIRS) said it will submit a Form 12b-25 to the U.S. Securities and Exchange Commission, allowing the company to delay the filing of its annual report by 15 days. The Miami Beach-based body contouring specialist stated that additional time is required to finalize the classification of inter-company transactions and balances for the fiscal year ending December 31, 2025.
The company reported preliminary revenue for fiscal 2025 of $151.8 million. For the fourth quarter of 2025, preliminary revenue came in at $33.4 million, while same-store revenue declined by roughly 16%. However, the company said comparable sales showed gradual improvement throughout the year, finishing December with a single-digit decline.
AirSculpt said its updated marketing approach generated positive comparable sales in February 2026. The company expects first-quarter 2026 revenue to range between $38.5 million and $39.5 million, which would imply roughly flat same-store revenue at the midpoint of the forecast.
As of March 13, 2026, AirSculpt reported cash holdings of $13.0 million and total debt of $46.0 million.
“I am encouraged by the momentum we are seeing as we enter 2026,” said Chief Executive Officer Yogi Jashnani. “The significant strategic changes made during the period to recalibrate our marketing, expand into adjacent procedures and tighten our operations drove meaningful improvement in our demand and sales trend at year end and resulted in the delivery of positive revenue in February 2026 compared to the prior year period.”
The company cautioned that the financial figures remain preliminary, as the standard quarterly and year-end closing processes have not yet been completed. AirSculpt said it plans to submit its annual report within the additional 15-day filing window permitted under SEC regulations.