secwatch.observer — SEC 8-K summary
======================================

Issuer:     Intuitive Machines, Inc. (LUNR)
CIK:        0001844452
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001844452-23-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Machines Q1 revenue $18.2M, operating loss $14M; backlog $156.1M, NASA OMES III $719M contract
--------------------------------------------------------------------------------

- Revenue $18.2M vs $18.5M YoY; operating loss $(14.0)M vs $(4.5)M.
- Cash $46.8M at quarter end; additional $13.6M from warrant exercises in April.
- Contracted backlog $156.1M, $107.7M expected to convert to revenue in 2023.
- Awarded 5-year $719M NASA OMES III contract in April 2023 (joint venture with KBR).
- 2023 revenue guidance $174M-$268M; gross margin 5-18%; year-end cash ~$49M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844452/000184445223000021/0001844452-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844452/000184445223000021/lunr-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001844452-23-000021

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