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 Operations
(in thousands, except share and per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Service revenue | $322 | $513 |
| Gross profit | 322 | 513 |
| Operating expenses: | ||
| Research and development expenses | 1,915 | 2,676 |
| Selling, general and administrative expenses | 4,592 | 6,164 |
| Total operating expenses | 6,507 | 8,840 |
| Loss from operations | (6,185) | (8,327) |
| Other income (expense), net: | ||
| Interest income | 4 | 18 |
| Interest expense | 156 | (57) |
| Gain on debt extinguishment | 58 | — |
| Other income (expense) | (205) | 53 |
| Total other income, net | 13 | 14 |
| Net loss | $(6,172) | $(8,313) |
| Net loss per share, basic and diluted | $(1.64) | $(9.25) |
| Weighted average shares outstanding, basic and diluted | 3,761,542 | 899,068 |
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