---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020801"
form_type: "8-K"
ticker: "SIDU"
cik: "0001879726"
company_name: "Sidus Space Inc."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:26:58.717609+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sidus Space Q1 2024 revenue down to $1.1M, net loss $3.8M; launched first LizzieSat

## Summary
- Revenue $1.1M, down ~$1.2M YoY from $2.3M; gross margin fell to 8% from 40%.
- Net loss $3.8M vs $3.4M loss prior year; adjusted EBITDA loss $2.7M.
- Successfully launched and deployed first LizzieSat on SpaceX Transporter-10; established two-way communications.
- Raised $15.2M gross proceeds from warrant exercises and two equity offerings.
- Appointed Bill White as CFO and Richard J. Berman to Board of Directors.

## SEC filing metadata
- accession: 0001493152-24-020801
- form_type: 8-K
- ticker: SIDU
- cik: 0001879726
- company_name: Sidus Space Inc.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879726/000149315224020801/0001493152-24-020801-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879726/000149315224020801/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020801
- JSON: https://secwatch.observer/filing/0001493152-24-020801.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020801.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.