Momentus Inc.
For the period ended Sep 30, 2025. Filed Nov 20, 2025.
View on SEC.govAbout this filing
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.
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Condensed Consolidated Statements of Operations
(in thousands, except share and per share data)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Service revenue | $234 | $107 | $747 | $1,829 |
| Cost of revenue | — | 66 | 2 | 66 |
| Gross profit | 234 | 41 | 745 | 1,763 |
| Operating expenses: | ||||
| Research and development expenses | 2,328 | 2,205 | 6,436 | 7,731 |
| Selling, general and administrative expenses | 4,152 | 5,429 | 12,684 | 16,916 |
| Total operating expenses | 6,480 | 7,634 | 19,120 | 24,647 |
| Loss from operations | (6,246) | (7,593) | (18,375) | (22,884) |
| Other income (expense), net: | ||||
| Realized loss on disposal of assets | — | (133) | — | (188) |
| Interest income | — | 2 | 6 | 24 |
| Interest expense | (177) | (43) | (112) | (100) |
| Loss on debt extinguishment | (2,898) | — | (2,827) | — |
| Change in fair value of convertible debt carried at fair value | — | — | (835) | — |
| Other income (expense) | (1,753) | 9 | (1,553) | 61 |
| Total other income (expense), net | (4,828) | (165) | (5,321) | (203) |
| Net loss | $(11,074) | $(7,758) | $(23,696) | $(23,087) |
| Net loss per share, basic and diluted | $(1.08) | $(6.26) | $(3.68) | $(20.83) |
| Weighted average shares outstanding, basic and diluted | 10,276,939 | 1,239,850 | 6,446,056 | 1,108,192 |
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