AST SpaceMobile reports Q4 2022 cash of $239.3M; BlueWalker 3 tests validate design

AST SpaceMobile, Inc.

Ended Q4 2022 with cash, cash equivalents, and restricted cash of $239.3M.
Total operating expenses $42.6M in Q4 2022, up $0.5M QoQ; full year $152.9M vs $91.6M in 2021.
BlueWalker 3 testing validates patented doppler/delay compensation; downlink signal strength for 5G speeds.
Five Block 1 BlueBird satellites planned for launch in Q1 2024 to provide initial non-continuous service.
Signed MOUs with 7 MNOs including Zain KSA, Saudi Telecom; sold 51% of NanoAvionika for $26.6M net proceeds.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

AST SpaceMobile, Inc. reported financial results for the three and twelve months ended December 31, 2022.

Period: the three and twelve months ended December 31, 2022
Result: reported results

Exact text from the filing

On March 31, 2023, AST SpaceMobile, Inc. (“AST SpaceMobile” or the “Company”) issued a press release announcing financial results for the three and twelve months ended December 31, 2022.

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

AST SpaceMobile, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-011120

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.