My AC light is flashing and does not blow out cold air. What could be my problems?

The blinking A/C light is linked with the rpm sensor on the A/C compressor clutch. When it notices the clutch is not turning, say for example a loose belt, the light will start blinking.

The first thing I would check is to make sure the tension is correct on the belt.

If that's ok, then assuming you're still under warranty have your service tech check the AC magnetic clutch relay. If it's part number 90987-02022 then it's been RECALLED and should be replaced with 90987-02087.

If it's not the recalled part number then a normal diagnosis starting with the ac magnetic clutch relay should commence.