Satellogic Inc.
For the period ended Dec 31, 2024. Filed Mar 26, 2025.
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FY2024 · Filed Mar 26, 2025
SATL$3.90-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
| December 31, | ||
|---|---|---|
| (in thousands of U.S. dollars, except per share amounts) | 2024 | 2023 |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $22,493 | $23,476 |
| Accounts receivable, net of allowance of $148 and $126, respectively | 1,464 | 901 |
| Prepaid expenses and other current assets | 3,907 | 2,173 |
| Total current assets | 27,864 | 26,550 |
| Property and equipment, net | 27,228 | 41,130 |
| Operating lease right-of-use assets | 877 | 3,195 |
| Other non-current assets | 5,722 | 5,507 |
| Total assets | $61,691 | $76,382 |
| LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY | ||
| Current liabilities | ||
| Accounts payable | $3,754 | $7,935 |
| Warrant liabilities | 11,511 | 2,795 |
| Earnout liabilities | 1,501 | 419 |
| Operating lease liabilities | 363 | 2,143 |
| Contract liabilities | 5,871 | 3,728 |
| Accrued expenses and other liabilities | 11,621 | 4,372 |
| Total current liabilities | 34,621 | 21,392 |
| Secured Convertible Notes at fair value | 79,070 | — |
| Operating lease liabilities | 516 | 1,789 |
| Contract liabilities | — | 1,000 |
| Other non-current liabilities | 516 | 526 |
| Total liabilities | 114,723 | 24,707 |
| Commitments and contingencies (Note 19) | ||
| Stockholders' (deficit) equity | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2024 and December 31, 2023 | — | — |
| Class A Common Stock, $0.0001 par value, 385,000,000 shares authorized, 83,000,501 shares issued and 82,432,678 shares outstanding as of December 31, 2024 and 77,289,166 shares issued and 76,721,343 shares outstanding as of December 31, 2023 | — | — |
| Class B Common Stock, $0.0001 par value, 15,000,000 shares authorized, 13,582,642 shares issued and outstanding as of December 31, 2024 and December 31, 2023 | — | — |
| Treasury stock, at cost, 567,823 shares as of December 31, 2024 and 567,823 shares as of December 31, 2023 | (8,603) | (8,603) |
| Additional paid-in capital | 356,247 | 344,144 |
| Accumulated other comprehensive loss | (571) | (33) |
| Accumulated deficit | (400,105) | (283,833) |
| Total stockholders’ (deficit) equity | (53,032) | 51,675 |
| Total liabilities and stockholders' (deficit) equity | $61,691 | $76,382 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.