Sidus Space Q1 2025 revenue drops 77% YoY to $238k; net loss widens to $6.4M

Sidus Space Inc.

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

Revenue $238k vs $1.05M in Q1 2024, down 77% due to pivot from legacy services.
Net loss $6.4M vs $3.8M; adjusted EBITDA loss $4.7M vs $2.7M.
Cash $11.7M at March 31, 2025, up from $6.2M a year earlier; Decathlon loan fully repaid.
Lonestar lunar satellite contract amended, total potential value to $120M.
Launched LizzieSat-3 on March 14, 2025; patent allowance for modular satellite platform.

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