Momentus Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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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.
FY2025 · Filed Mar 31, 2026
MNTS$2.00-2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Cash Flows
(in thousands)
| Year EndedDecember 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(30,468) | $(34,946) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 1,293 | 857 |
| Amortization of debt (premium) and issuance costs | 12 | 147 |
| Amortization of right-of-use assets | 228 | 1,158 |
| Change in fair value of warrant liability | (2,330) | — |
| Change in fair value of convertible debt carried at fair value | 835 | — |
| Change in fair value of the Credit Provision Derivative | (164) | — |
| Impairment of prepaid services | 1,669 | — |
| Loss on disposal of fixed and intangible assets | — | 188 |
| Debt issuance costs expensed for convertible debt carried at fair value | 165 | — |
| Loss on debt extinguishment | 2,827 | 4,258 |
| Loss on issuance of warrant liabilities | 1,391 | — |
| Stock-based compensation expense | 3,273 | 6,493 |
| Issuance of convertible notes for legal services | 331 | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 879 | (879) |
| Prepaids and other current assets | (7,490) | 6,845 |
| Insurance receivable | 308 | (308) |
| Other non-current assets | 2,451 | (2,042) |
| Accounts payable | 131 | 2,791 |
| Accrued liabilities | (734) | (1,728) |
| Accrued interest | 544 | 136 |
| Other current liabilities | 537 | (5) |
| Contract liabilities | 1,933 | 1,247 |
| Operating lease liability | (762) | (1,268) |
| Litigation settlement contingency | 382 | 420 |
| Other non-current liabilities | (516) | 25 |
| Net cash used in operating activities | (23,275) | (16,611) |
| Cash flows from investing activities: | ||
| Purchases of property, machinery and equipment | (12) | — |
| Proceeds from sale of property, machinery and equipment | — | 135 |
| Purchases of intangible assets | — | (41) |
| Net cash (used in) provided by investing activities | (12) | 94 |
| Cash flows from financing activities: | ||
| Proceeds from issuance of convertible notes and warrants | 2,250 | 5,300 |
| Payment of convertible notes | (2,193) | (575) |
| Proceeds from issuance of loan payable | — | 2,000 |
| Proceeds from issuance of related party notes | — | 500 |
| Principal payments on related party notes | — | (500) |
| Principal payments on loan payable | — | (4,719) |
| Payment of debt issuance costs | (424) | (438) |
| Proceeds from exercise of warrants | 15,574 | — |
| Payments for issuance costs related to exercise of warrants | (1,509) | — |
| Repurchase of Section 16 Officer shares for tax coverage exchange | (1) | (4) |
| Proceeds from issuance of common stock and related warrants | 22,552 | 15,710 |
| Payments for issuance costs related to common stock and related warrants | (1,673) | (1,677) |
| Net cash provided by financing activities | 34,576 | 15,597 |
| Increase (Decrease) in cash, cash equivalents, and restricted cash | 11,289 | (920) |
| Cash, cash equivalents, and restricted cash, beginning of period | 1,572 | 2,492 |
| Cash, cash equivalents, and restricted cash, end of period | $12,861 | $1,572 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.