secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sidus Space Inc. (SIDU)
CIK:        0001879726
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001493152-24-046073
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sidus Space Q3 revenue $1.9M (+90% YoY), net loss $3.9M, closes $7M offering
----------------------------------------------------------------------------

- Q3 2024 revenue $1.9M (+90% YoY); gross profit $38K (140% improvement); EBITDA loss $2.5M (33% improvement).
- Net loss $3.9M vs $4.1M in Q3 2023; SG&A down 15% to $3.2M.
- Selected to build 6 satellite lunar constellation for Lonestar Data Holdings; FCC approval for LEO micro constellation.
- Closed public offering of 5.6M shares at $1.25/share for gross proceeds of $7.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879726/000149315224046073/0001493152-24-046073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879726/000149315224046073/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-046073

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