Momentus Inc.
For the period ended Dec 31, 2024. Filed Apr 1, 2025.
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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.
FY2024 · Filed Apr 1, 2025
MNTS$2.05+20.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
(in thousands except number of shares and par value)
| December 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,572 | $2,118 |
| Accounts receivable | 879 | — |
| Insurance receivable | 408 | 100 |
| Prepaids and other current assets | 1,667 | 8,513 |
| Total current assets | 4,526 | 10,731 |
| Property, machinery and equipment, net | 2,182 | 3,252 |
| Intangible assets, net | 253 | 341 |
| Operating right-of-use asset | 347 | 5,350 |
| Restricted cash, non-current | — | 373 |
| Other non-current assets | 2,644 | 602 |
| Total assets | $9,952 | $20,649 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable | $5,596 | $2,805 |
| Accrued liabilities | 3,006 | 4,754 |
| Loan payable, current | 4,957 | 2,273 |
| Contract liabilities, current | 345 | — |
| Operating lease liability, current | 685 | 1,268 |
| Litigation settlement contingency | 420 | — |
| Other current liabilities | 1 | 9 |
| Total current liabilities | 15,010 | 11,109 |
| Contract liabilities, non-current | 1,901 | 998 |
| Warrant liability | 3 | 3 |
| Operating lease liability, non-current | 333 | 4,863 |
| Other non-current liabilities | 515 | 489 |
| Total non-current liabilities | 2,752 | 6,353 |
| Total liabilities | 17,762 | 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 December 31, 2024 and 2023, respectively | — | — |
| Class A common stock, $0.00001 par value; 250,000,000 shares authorized and 2,780,597 issued and outstanding as of December 31, 2024; 250,000,000 shares authorized and 591,712 issued and outstanding as of December 31, 2023 | — | — |
| Class B common stock, $0.00001 par value; 0 shares authorized and 0 issued and outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Additional paid-in capital | 400,183 | 376,234 |
| Accumulated deficit | (407,993) | (373,047) |
| Total stockholders’ equity (deficit) | (7,810) | 3,187 |
| Total liabilities and stockholders’ equity (deficit) | $9,952 | $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.