---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-001851"
form_type: "8-K"
ticker: "SIDU"
cik: "0001879726"
company_name: "Sidus Space Inc."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T02:28:43.518502+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-001851
- form_type: 8-K
- ticker: SIDU
- cik: 0001879726
- company_name: Sidus Space Inc.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879726/000164117225001851/0001641172-25-001851-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879726/000164117225001851/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-001851
- JSON: https://secwatch.observer/filing/0001641172-25-001851.json
- Plain text: https://secwatch.observer/filing/0001641172-25-001851.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.