Intuitive Machines Q3 revenue $12.7M, operating loss widens; IM-1 launch window Jan 12, 2024

Intuitive Machines, Inc.

2023-Q3 EPS reported $2.16 revenue$48,960,000

Q3 revenue $12.7M vs $10.3M prior year; operating loss $(23.2)M vs $(11.8)M.
Backlog $135.2M excluding $719M NASA OMES III; OMES III transition begun, revenue expected Dec.
IM-1 lunar mission launch window begins Jan 12, 2024; lander assembly complete and awaiting shipment.
Received $16.8M international contract for lunar rover services, and $9.5M AFRL JETSON nuclear power award.
Ending cash $40.7M; secured $20M equity investment from institutional investor during Q3.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Intuitive Machines, Inc. reported the third quarter ended September 30, 2023 results: revenue $12.7 million.

Period: the third quarter ended September 30, 2023
Revenue: $12.7 million
Result: reported results

Exact text from the filing

Third quarter 2023 revenue of $12.7 million, driven primarily by three NASA Commercial Lunar Payload Services (CLPS) initiative contracts within the Company’s lunar access services, compared to $10.3 million in the prior year end

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Source: SEC EDGAR

accession 0001844452-23-000060

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