Momentus Inc.
For the period ended Mar 31, 2025. Filed May 15, 2025.
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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.
Mar 31, 2025 · Filed May 15, 2025
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 Cash Flows
(in thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(6,172) | $(8,313) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 324 | 222 |
| Amortization of debt (premium) and issuance costs | (315) | 46 |
| Amortization of right-of-use asset | 59 | 283 |
| Gain on debt extinguishment | (58) | — |
| Stock-based compensation expense | 1,057 | 1,443 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 879 | (15) |
| Prepaids and other current assets | (1,363) | 1,288 |
| Insurance receivable | — | (308) |
| Other non-current assets | 153 | 18 |
| Accounts payable | 716 | 26 |
| Accrued liabilities | (119) | (276) |
| Accrued interest | 127 | — |
| Other current liabilities | — | (4) |
| Contract liabilities | 758 | 115 |
| Operating lease liability | (191) | (310) |
| Litigation settlement contingency | — | 526 |
| Other non-current liabilities | (30) | 6 |
| Net cash used in operating activities | (4,175) | (5,253) |
| Cash flows from investing activities: | ||
| Purchases of intangible assets | — | (39) |
| Net cash used in investing activities | — | (39) |
| Cash flows from financing activities: | ||
| Payment of convertible notes | (288) | — |
| Principal payments on loan payable | — | (2,319) |
| Proceeds from exercise of warrants | 2,068 | — |
| Payments for issuance costs related to exercise of warrants | (179) | — |
| Repurchase of Section 16 Officer shares for tax coverage exchange | (1) | (3) |
| Proceeds from issuance of common stock and related warrants | 5,000 | 8,000 |
| Payments for issuance costs related to common stock and related warrants | (599) | (829) |
| Net cash provided by financing activities | 6,001 | 4,849 |
| Increase (Decrease) in cash, cash equivalents and restricted cash | 1,826 | (443) |
| Cash, cash equivalents and restricted cash, beginning of period | 1,572 | 2,492 |
| Cash, cash equivalents and restricted cash, end of period | $3,398 | $2,049 |
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