Momentus Inc.
For the period ended Sep 30, 2025. Filed Nov 20, 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.
Sep 30, 2025 · Filed Nov 20, 2025
MNTS$1.90-5.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(in thousands)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(23,696) | $(23,087) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 970 | 657 |
| Amortization of debt (premium) and issuance costs | (307) | 88 |
| Amortization of right-of-use asset | 65 | 862 |
| Change in fair value of convertible debt carried at fair value | 835 | — |
| Loss on disposal of fixed and intangible assets | — | 188 |
| Loss on debt extinguishment | 2,827 | — |
| Loss on issuance of warrant liabilities | 1,391 | — |
| Stock-based compensation expense | 2,715 | 4,885 |
| Issuance of convertible notes for legal services | 423 | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 879 | — |
| Prepaids and other current assets | (4,617) | 4,326 |
| Insurance receivable | 308 | (308) |
| Other non-current assets | 2,662 | (487) |
| Accounts payable | 1,402 | 2,872 |
| Accrued liabilities | 680 | (1,105) |
| Accrued interest | 479 | — |
| Other current liabilities | 520 | (6) |
| Contract liabilities | 899 | 640 |
| Operating lease liability | (461) | (944) |
| Litigation settlement contingency | (308) | 526 |
| Other non-current liabilities | (411) | 19 |
| Net cash used in operating activities | (12,745) | (10,874) |
| Cash flows from investing activities: | ||
| Proceeds from sale of property, machinery and equipment | — | 135 |
| Purchases of intangible assets | — | (41) |
| Net cash provided by investing activities | — | 94 |
| Cash flows from financing activities: | ||
| Proceeds from issuance of convertible notes and warrants | 2,250 | 2,295 |
| Payment of convertible notes | (2,062) | — |
| Principal payments on loan payable | — | (2,319) |
| Payment of debt issuance costs | (245) | — |
| Proceeds from exercise of warrants | 4,766 | — |
| Payments for issuance costs related to exercise of warrants | (497) | — |
| Repurchase of Section 16 Officer shares for tax coverage exchange | (1) | (3) |
| Payment of deferred offering costs | (145) | — |
| Proceeds from issuance of common stock and related warrants | 9,000 | 10,750 |
| Payments for issuance costs related to common stock and related warrants | (1,223) | (1,137) |
| Net cash provided by financing activities | 11,843 | 9,586 |
| Decrease in cash and cash equivalents | (902) | (1,194) |
| Cash and cash equivalents, beginning of period | 1,572 | 2,492 |
| Cash and cash equivalents, end of period | $670 | $1,298 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.