secwatch.observer — SEC 8-K summary
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Issuer:     Sidus Space Inc. (SIDU)
CIK:        0001879726
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0001493152-26-014511
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sidus Space FY2025 revenue $3.4M, net loss $29.5M; cash triples to $43.2M
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- Revenue $3.4M, down 28% YoY; gross loss $5.7M vs $1.5M prior year; margin -168%.
- Net loss $29.5M vs $17.5M; includes $4.5M non-cash impairment on LizzieSat-1.
- Adjusted EBITDA loss $17.3M vs $12.9M; SG&A $22.3M (incl. $4.5M impairment).
- Cash $43.2M at Dec 31, 2025 (up from $15.7M) driven by equity raises in Q3/Q4.
- Lonestar contract value raised to $120M; MDA SHIELD IDIQ with $151B ceiling awarded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879726/000149315226014511/0001493152-26-014511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879726/000149315226014511/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-014511

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