secwatch.observer — SEC 8-K summary
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Issuer:     Intuitive Machines, Inc. (LUNR)
CIK:        0001844452
Form:       8-K/A
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001213900-23-024862
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Machines reports 2022 revenue $85.9M, net loss narrows to $6.4M; merger closed
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- Revenue $85.9M in 2022, up 18% from $72.6M in 2021; net loss improved to $6.4M from $35.6M.
- Operating loss $5.5M vs $37.9M; cost of revenues fell to $75.5M from $100.3M.
- Cash $25.8M; working capital deficit $53.5M; total liabilities $124.6M; members' equity negative $57.6M.
- One customer accounted for 83% of revenue; one supplier 63% of purchases.
- Business combination closed Feb 13, 2023, providing $34.1M gross proceeds and $50M equity facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844452/000121390023024862/0001213900-23-024862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844452/000121390023024862/ea174689-8ka2_intuitive.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-024862

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer