Momentus Inc
For the period ended Jun 30, 2024. Filed Oct 15, 2024.
View on SEC.govAbout this filing
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, 2024 · Filed Oct 15, 2024
MNTS$1.90-5.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except share and per share data)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Service revenue | $1,209 | $1,705 | $1,722 | $1,727 |
| Cost of revenue | — | 388 | — | 388 |
| Gross profit | 1,209 | 1,317 | 1,722 | 1,339 |
| Operating expenses: | ||||
| Research and development expenses | 2,850 | 10,204 | 5,526 | 20,323 |
| Selling, general and administrative expenses | 5,323 | 10,007 | 11,487 | 20,277 |
| Total operating expenses | 8,173 | 20,211 | 17,013 | 40,600 |
| Loss from operations | (6,964) | (18,894) | (15,291) | (39,261) |
| Other income (expense), net: | ||||
| Change in fair value of warrant liability | — | 451 | — | 338 |
| Realized loss on disposal of assets | (55) | (17) | (55) | (17) |
| Interest income | 4 | 357 | 22 | 912 |
| Interest expense | — | (732) | (57) | (1,652) |
| Other income | (1) | — | 52 | 20 |
| Total other income (expense), net | (52) | 59 | (38) | (399) |
| Net loss | $(7,016) | $(18,835) | $(15,329) | $(39,660) |
| Net loss per share, basic and diluted | $(0.42) | $(9.81) | $(1.05) | $(21.60) |
| Weighted average shares outstanding, basic and diluted | 16,597,027 | 1,919,555 | 14,582,974 | 1,835,777 |
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