AST SpaceMobile provides preliminary Q2 2023 results: cash ~$191.5M, operating expenses $57-59M

AST SpaceMobile, Inc.

Cash and cash equivalents and restricted cash approximately $191.5 million as of June 30, 2023.
Total Q2 2023 operating expenses expected between $57.1M and $59.1M, including $19.1-$20.1M D&A and stock-based compensation.
Capitalized property and equipment costs total ~$156.9M as of June 30, including BlueWalker 3 satellite costs.
Quarterly business update conference call scheduled for August 14, 2023 at 5:00 PM ET.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AST SpaceMobile, Inc. reported preliminary financial results for the second quarter ended June 30, 2023.

Period: the second quarter ended June 30, 2023
Result: preliminary results

Exact text from the filing

issued a press release announcing its preliminary estimated financial results for the second quarter ended June 30, 2023.

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AST SpaceMobile, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-026169

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