secwatch.observer — SEC 8-K summary
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Issuer:     Sidus Space Inc. (SIDU)
CIK:        0001879726
Form:       8-K
Filed at:   2026-08-14T21:15:21+00:00
Accession:  0001493152-26-038505
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sidus Space Q2 revenue down 54% to $583K; net loss improves 15% to $4.8M
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- Revenue $583K, down 54% YoY from $1.3M on timing of fixed-price milestone contracts.
- Net loss $4.8M, improved 15% YoY; adjusted EBITDA loss $5.1M vs $3.9M loss.
- Cash $166.5M at June 30, 2026, no term debt; raised ~$100M gross from 19.7M share offering at $5.08.
- Appointed Alan Khalili as CFO effective July 27, 2026.
- Completed vibration testing on next LizzieSat; integrated Fortis VPX Maxima computing platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879726/000149315226038505/0001493152-26-038505-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879726/000149315226038505/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-038505

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