secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001575872-23-000750
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum Q1 2023 revenue $9.9M, GAAP operating loss $4.7M; acquires GTMR
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- Q1 2023 revenue $9.9M, gross profit $4.0M, GAAP operating loss $4.7M.
- Non-GAAP Recurring Cash Operating Loss of ($0.5M) excludes $3.7M stock/option expense and $0.5M D&A.
- Completed acquisition of GTMR (annual revenue ~$10M), described as accretive.
- Provides first-time forward revenue guidance for April 2023–March 2024 (exact figure not disclosed).
- CEO Mark Fuller says actions planned to improve cost structure and profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000157587223000750/0001575872-23-000750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000157587223000750/ctm-20230515.htm
  HTML page:      https://secwatch.observer/filing/0001575872-23-000750

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