Thu, May 15, 7:47 PM (36 days ago)
**Momentus Inc. (MNTS) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $322,000 (down 37% YoY) - **Gross Profit:** $322,000 (unchanged) - **Operating Expenses:** $6.5 million (down 26% YoY) - **R&D:** $1.9 million (down 28% YoY) - **SG&A:** $4.6 million (down 26% YoY) - **Net Loss:** $6.2 million (down 26% YoY) - **Cash Flow:** -$4.2 million (used in operations) **Key Metrics:** - **Cash & Equivalents:** $3.4 million (as of Q1 2025) - **Stockholders' Deficit:** $5.9 million - **Accumulated Deficit:** $414.2 million **Trends & Uncertainties:** - **Revenue:** Decline due to reduced engineering services and customer deposits. - **Expenses:** Decrease in R&D and SG&A due to cost-cutting measures. - **Cash Flow:** Negative due to high operating expenses and low revenue. - **Liquidity:** Significant doubt about continuing as a going concern; needs substantial additional capital. **Future Operations Impact:** - **Funding:** Requires equity or debt financing to continue operations. - **Strategies:** Focus on cost management, regulatory approvals, and market expansion. - **Risks:** Dependence on external financing, market competition, and regulatory challenges. **Management's Discussion:** - **Going Concern:** Substantial doubt about continuing as a going concern. - **Liquidity:** Needs additional capital to fund operations. - **Strategies:** Cost management, regulatory approvals, and market expansion. **Forward-Looking Statements:** - **Risks:** Market competition, regulatory challenges, and dependence on external financing. - **Opportunities:** Growth in space transportation and satellite services. **Ticker:** MNTS **Exchange:** Nasdaq **Industry:** Space Infrastructure Services