Satellogic Inc.
For the period ended Dec 31, 2025. Filed Mar 19, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 19, 2026
SATL$3.90-1.6%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
Consolidated Balance Sheets as of December 31, 202 and
| December 31, | ||
|---|---|---|
| (in thousands of U.S. dollars, except share and per share amounts) | 2025 | 2024 |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $94,430 | $22,493 |
| Restricted cash | 7,407 | — |
| Accounts receivable, net of allowance of $52 and $148, respectively | 8,548 | 1,464 |
| Inventories | 2,090 | — |
| Prepaid expenses and other current assets | 2,699 | 3,907 |
| Total current assets | 115,174 | 27,864 |
| Property and equipment, net | 24,650 | 27,228 |
| Operating lease right-of-use assets | 7,048 | 877 |
| Other non-current assets | 4,431 | 5,722 |
| Total assets | $151,303 | $61,691 |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||
| Current liabilities | ||
| Accounts payable | $2,432 | $3,754 |
| Warrant liabilities | 5,818 | 11,511 |
| Earnout liabilities | 554 | 1,501 |
| Operating lease liabilities | 1,174 | 363 |
| Contract liabilities | 10,609 | 5,871 |
| Accrued expenses and other liabilities | 1,918 | 11,621 |
| Total current liabilities | 22,505 | 34,621 |
| Secured Convertible Notes at fair value | 56,110 | 79,070 |
| Operating lease liabilities | 6,099 | 516 |
| Contract liabilities | 4,000 | — |
| Other non-current liabilities | 2,063 | 516 |
| Total liabilities | 90,777 | 114,723 |
| Commitments and contingencies (Note 19) | ||
| Stockholders' equity (deficit) | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | — | — |
| Class A Common Stock, $0.0001 par value, 385,000,000 shares authorized, 125,639,916 shares issued and 125,072,093 shares outstanding as of December 31, 2025 and 83,000,501 shares issued and 82,432,678 shares outstanding as of December 31, 2024 | — | — |
| Class B Common Stock, $0.0001 par value, 15,000,000 shares authorized, 10,582,641 shares issued and outstanding as of December 31, 2025 and 13,582,642 shares issued and outstanding as of December 31, 2024 | — | — |
| Treasury stock, at cost, 567,823 shares as of December 31, 2025 and 2024 | (8,603) | (8,603) |
| Additional paid-in capital | 473,486 | 356,247 |
| Accumulated other comprehensive income (loss) | 531 | (571) |
| Accumulated deficit | (404,888) | (400,105) |
| Total stockholders’ equity (deficit) | 60,526 | (53,032) |
| Total liabilities and stockholders' equity | $151,303 | $61,691 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.