Sidus Space FY2024 revenue down 22% to $4.7M, net loss widens to $17.5M

Sidus Space Inc.

2025-Q1 EPS reported -$0.35 revenue$238,494

Revenue $4.7M (down 22% YoY); gross loss $1.5M vs profit $1.6M in 2023.
Net loss $17.5M vs $14.3M; adjusted EBITDA loss $12.9M vs $10.9M.
Cash balance $15.7M at Dec 31, 2024 vs $1.2M a year ago; raised $37M in 2024.
LizzieSat-3 cost 45% less than LizzieSat-1; FCC approval for micro constellation and space-to-space relay.
Appointed Adarsh Parekh as new CFO.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.