secwatch.observer — SEC 8-K summary
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Issuer:     Sidus Space Inc. (SIDU)
CIK:        0001879726
Form:       8-K
Filed at:   2026-05-15T10:15:22+00:00
Accession:  0001493152-26-023291
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sidus Space Q1 revenue up 51% YoY to $359K; net loss improves 19% to $5.2M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879726/000149315226023291/0001493152-26-023291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879726/000149315226023291/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-023291

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