earnings
confidence high
sentiment neutral
materiality 0.60
AST SpaceMobile preliminary Q3 2022 results: cash $199.5M, expenses $41-43M, BW3 update
AST SpaceMobile, Inc.
2022-Q3 EPS reported
-$0.45
revenue$13,825,000
- Cash and equivalents of $199.5M as of Sep 30, 2022, down $2.9M from prior quarter.
- Total operating expenses expected between $41M and $43M for Q3 2022, including $3-4M D&A and SBC.
- Capitalized costs related to BlueWalker 3 test satellite total $92.0M as of Sep 30, 2022.
- Capitalized property and equipment costs of $43.1M for Texas facilities and satellite equipment.
- Full Q3 business update planned for first half of November 2022.