Sidus Space Inc
For the period ended Dec 31, 2023. Filed Mar 27, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 27, 2024
SIDU$1.14-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2023 and 2022
CONSOLIDATED BALANCE SHEETS
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash | $1,216,107 | $2,295,259 |
| Accounts receivable | 1,175,077 | 850,340 |
| Accounts receivable - related parties | 67,447 | 168,170 |
| Inventory | 1,217,929 | 583,437 |
| Contract asset | 77,124 | 60,932 |
| Contract asset - related party | 43,173 | 14,982 |
| Prepaid and other current assets | 5,405,453 | 3,476,748 |
| Total current assets | 9,202,310 | 7,449,868 |
| Property and equipment, net | 9,570,214 | 2,554,992 |
| Operating lease right-of-use assets | 115,573 | 249,937 |
| Intangible asset | 398,135 | - |
| Other assets | 64,880 | 42,778 |
| Total Assets | $19,351,112 | $10,297,575 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable and other current liabilities | $6,697,562 | $3,415,845 |
| Accounts payable and accrued interest - related party | 677,039 | 566,636 |
| Contract liability | 77,124 | 60,932 |
| Contract liability - related party | 43,173 | 14,982 |
| Asset-based loan liability | 2,587,900 | 502,349 |
| Notes payable | 2,017,286 | 1,599,150 |
| Operating lease liability | 119,272 | 199,158 |
| Total current liabilities | 12,219,356 | 6,359,052 |
| Operating lease liability - non-current | - | 63,310 |
| Total Liabilities | 12,219,356 | 6,422,362 |
| Commitments and contingencies | - | - |
| Stockholders’ Equity’ | ||
| Preferred Stock: 5,000,000 shares authorized; $0.0001 par value; no shares issued and outstanding | - | - |
| Series A convertible preferred stock: 2,000 shares authorized; 372 and 0 shares issued and outstanding, respectively | - | - |
| Common stock: 210,000,000 authorized; $0.0001 par value | - | - |
| Class A common stock: 200,000,000 shares authorized; 983,173 and 80,227 shares issued and outstanding, respectively | 98 | 8 |
| Class B common stock: 10,000,000 shares authorized; 100,000 shares issued and outstanding | 10 | 10 |
| Additional paid-in capital | 49,918,441 | 32,131,041 |
| Accumulated deficit | (42,786,793) | (28,255,846) |
| Total Stockholders’ Equity | 7,131,756 | 3,875,213 |
| Total Liabilities and Stockholders’ Equity | $19,351,112 | $10,297,575 |
See auditor’s report and notes to the audited financial statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.