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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Statements of Operations
(in thousands, except share and per share data)
| Year EndedDecember 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Service revenue | $2,114 | $3,089 |
| Cost of revenue | 66 | 855 |
| Gross profit | 2,048 | 2,234 |
| Operating expenses: | ||
| Research and development expenses | 9,782 | 34,351 |
| Selling, general and administrative expenses | 21,949 | 36,055 |
| Total operating expenses | 31,731 | 70,406 |
| Loss from operations | (29,683) | (68,172) |
| Other income (expense), net: | ||
| Change in fair value of warrant liability | — | 561 |
| Realized loss on disposal of assets | (188) | (17) |
| Interest income | 25 | 1,225 |
| Interest expense | (395) | (2,337) |
| Loss on debt extinguishment | (4,258) | — |
| Other expense | (447) | (180) |
| Total other income (expense), net | (5,263) | (748) |
| Net loss | $(34,946) | $(68,920) |
| Net loss per share, basic and diluted | $(23.19) | $(323.96) |
| Weighted average shares outstanding, basic and diluted | 1,507,230 | 212,744 |
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