AST SpaceMobile provides preliminary Q1 2023 results; cash $185.7M, expenses $43.5-45.5M

AST SpaceMobile, Inc.

Cash and equivalents $185.7M as of March 31, 2023.
Total operating expenses expected $43.5-45.5M for Q1 2023, including D&A and stock-based comp.
Capitalized costs for BlueWalker 3 satellite at $92.5M as of Q1 end.
Capitalized property/equipment costs of $66.5M for Texas facility.
Quarterly business update call scheduled May 15, 2023 at 5:00 PM ET.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AST SpaceMobile, Inc. reported preliminary financial results for the first quarter ended March 31, 2023.

Period: the first quarter ended March 31, 2023
Result: preliminary results

Exact text from the filing

On April 26, 2023, AST SpaceMobile, Inc. (“AST SpaceMobile” or the “Company”) issued a press release announcing its preliminary estimated financial results for the first quarter ended March 31, 2023.

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AST SpaceMobile, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-013731

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