Intuitive Machines Inc
For the period ended Sep 30, 2024. Filed Nov 15, 2024.
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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, 2024 · Filed Nov 15, 2024
LUNR$11.81-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share data and par value)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $89,605 | $4,498 |
| Restricted cash | 2,042 | 62 |
| Trade accounts receivable, net of allowance for expected credit losses of $440 and $0, respectively | 51,312 | 16,881 |
| Contract assets | 21,572 | 6,489 |
| Prepaid and other current assets | 3,736 | 3,681 |
| Total current assets | 168,267 | 31,611 |
| Property and equipment, net | 17,170 | 18,349 |
| Operating lease right-of-use assets | 39,240 | 35,853 |
| Finance lease right-of-use assets | 121 | 95 |
| Total assets | $224,798 | $85,908 |
| LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ DEFICIT | ||
| Current liabilities | ||
| Accounts payable and accrued expenses | $18,965 | $16,771 |
| Accounts payable - affiliated companies | 6,024 | 5,786 |
| Current maturities of long-term debt | — | 8,000 |
| Contract liabilities, current | 54,805 | 41,371 |
| Operating lease liabilities, current | 3,120 | 4,833 |
| Finance lease liabilities, current | 36 | 25 |
| Other current liabilities | 12,364 | 4,747 |
| Total current liabilities | 95,314 | 81,533 |
| Contract liabilities, non-current | 879 | — |
| Operating lease liabilities, non-current | 35,313 | 30,550 |
| Finance lease liabilities, non-current | 74 | 67 |
| Earn-out liabilities | 47,848 | 14,032 |
| Warrant liabilities | 49,795 | 11,294 |
| Other long-term liabilities | 112 | 4 |
| Total liabilities | 229,335 | 137,480 |
| Commitments and contingencies (Note 12) | ||
| MEZZANINE EQUITY | ||
| Series A preferred stock subject to possible redemption, $0.0001 par value, 25,000,000 shares authorized, 5,000 and 26,000 shares issued and outstanding | 5,843 | 28,201 |
| Redeemable noncontrolling interests | 484,973 | 181,662 |
| SHAREHOLDERS’ DEFICIT | ||
| Class A common stock, $0.0001 par value, 500,000,000 shares authorized, 81,351,656 and 22,279,876 shares issued, and 80,101,656 and 21,029,876 outstanding | 8 | 2 |
| Class B common stock, $0.0001 par value, 100,000,000 shares authorized, 0 shares issued and outstanding | — | — |
| Class C common stock, $0.0001 par value, 100,000,000 shares authorized, 60,245,138 and 70,909,012 shares issued and outstanding | 6 | 7 |
| Treasury stock, at cost, 1,250,000 shares, at cost | (12,825) | (12,825) |
| Paid-in capital | — | — |
| Accumulated deficit | (483,998) | (248,619) |
| Total shareholders’ deficit attributable to the Company | (496,809) | (261,435) |
| Noncontrolling interests | 1,456 | — |
| Total shareholders’ deficit | (495,353) | (261,435) |
| Total liabilities, mezzanine equity and shareholders’ deficit | $224,798 | $85,908 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.