Momentus Inc
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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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.
Sep 30, 2024 · Filed Nov 14, 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 Balance Sheets
(in thousands except number of shares and par value)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $798 | $2,118 |
| Insurance receivable | 408 | 100 |
| Prepaids and other current assets | 4,187 | 8,513 |
| Total current assets | 5,393 | 10,731 |
| Property, machinery and equipment, net | 2,369 | 3,252 |
| Intangible assets, net | 265 | 341 |
| Operating lease right-of-use asset | 4,488 | 5,350 |
| Restricted cash, non-current | 500 | 373 |
| Other non-current assets | 1,090 | 602 |
| Total assets | $14,105 | $20,649 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $5,677 | $2,805 |
| Accrued liabilities | 3,629 | 4,754 |
| Loan payable, current | 2,337 | 2,273 |
| Contract liabilities, current | 495 | — |
| Operating lease liability, current | 1,358 | 1,268 |
| Litigation settlement contingency | 526 | — |
| Other current liabilities | 4 | 9 |
| Total current liabilities | 14,026 | 11,109 |
| Contract liabilities, non-current | 1,143 | 998 |
| Warrant liability | 3 | 3 |
| Operating lease liability, non-current | 3,829 | 4,863 |
| Other non-current liabilities | 508 | 489 |
| Total non-current liabilities | 5,483 | 6,353 |
| Total liabilities | 19,509 | 17,462 |
| Commitments and Contingencies (Note 12) | ||
| Stockholders’ equity (deficit): | ||
| Preferred stock, $0.00001 par value; 20,000,000 shares authorized and 0 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Class A common stock, $0.00001 par value; 250,000,000 shares authorized and 21,625,778 issued and outstanding as of September 30, 2024; 250,000,000 shares authorized and 8,283,865 issued and outstanding as of December 31, 2023 | — | — |
| Class B common stock, $0.00001 par value; 4,312,500 shares authorized and 0 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 390,730 | 376,234 |
| Accumulated deficit | (396,134) | (373,047) |
| Total stockholders’ equity (deficit) | (5,404) | 3,187 |
| Total liabilities and stockholders’ equity (deficit) | $14,105 | $20,649 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.