Momentus Inc.
For the period ended Jun 30, 2026. Filed Aug 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 11, 2026
MNTS$1.90-5.0%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
Condensed Consolidated Statements of Cash Flows
(in thousands)
| Six Months EndedJune 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(17,749) | $(12,622) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 394 | 647 |
| Amortization of debt (premium) and issuance costs | 571 | (381) |
| Amortization of right-of-use assets | 598 | 39 |
| Change in fair value of warrant liability | 123 | — |
| Change in fair value of convertible debt carried at fair value | — | 835 |
| Loss on disposal of fixed assets | 338 | — |
| Gain on debt extinguishment | — | (71) |
| Stock-based compensation expense | 511 | 2,024 |
| Issuance of convertible notes for legal services | 275 | 384 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (611) | 679 |
| Prepaids and other current assets | 4,524 | (2,165) |
| Insurance receivable | 100 | 308 |
| Other non-current assets | 502 | 495 |
| Accounts payable | (107) | 1,480 |
| Accrued liabilities | (1,512) | 379 |
| Accrued interest | 42 | 270 |
| Other current liabilities | 78 | 502 |
| Contract liabilities | (3,849) | 900 |
| Operating lease liability | 29 | (302) |
| Litigation settlement contingency | 860 | (308) |
| Other non-current liabilities | — | (515) |
| Net cash used in operating activities | (14,883) | (7,422) |
| Cash flows from investing activities: | ||
| Purchases of property, machinery and equipment | (228) | — |
| Proceeds from sale of property, machinery and equipment | 12 | — |
| Net cash used in investing activities | (216) | — |
| Cash flows from financing activities: | ||
| Proceeds from issuance of convertible notes and warrants | — | 750 |
| Payment of convertible notes | (783) | (672) |
| Payment of debt issuance costs | — | (78) |
| Proceeds from exercise of warrants | 9,638 | 2,068 |
| Payments for issuance costs related to exercise of warrants | — | (204) |
| Repurchase of Section 16 Officer shares for tax coverage exchange | (18) | (1) |
| Payment of deferred offering costs | — | (283) |
| Proceeds from issuance of common stock, pre-funded warrants and related warrants | 107,030 | 5,000 |
| Payments for issuance costs related to common stock, pre-funded warrants and related warrants | (5,925) | (598) |
| Net cash provided by financing activities | 109,942 | 5,982 |
| Increase in cash, cash equivalents and restricted cash | 94,843 | (1,440) |
| Cash, cash equivalents, and restricted cash, beginning of period | 12,861 | 1,572 |
| Cash, cash equivalents, and restricted cash, end of period | $107,704 | $132 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.