earnings
confidence high
sentiment neutral
materiality 0.65
Sidus Space Q1 revenue up 51% YoY to $359K; net loss improves 19% to $5.2M
Sidus Space Inc.
- Revenue $359K (+51% YoY); gross loss improved 36% to $1.1M; net loss $5.2M (-19%).
- Cash $27.3M at quarter end, no term debt; subsequent $58.5M registered direct offering in April 2026.
- CFO to depart June 1, 2026; John Burke appointed interim CFO as company conducts search.
- Operational: LizzieSat-3 imagery delivered; expanded Lonestar data storage payload; MOU with Simera Sense; new board member.
item 2.02item 9.01