secwatch.observer — SEC 8-K summary
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Issuer:     Intuitive Machines, Inc. (LUNR)
CIK:        0001844452
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001844452-24-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Machines Q2 revenue up 130% YoY to $41.4M; raises FY2024 outlook to $210-240M
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- Q2 revenue $41.4M (+130% YoY); YTD $114.5M exceeding full-year 2023.
- Raised low-end of FY2024 revenue guidance to $210-240M (2.6x-3x prior year).
- Operating loss $(28.2)M vs $(13.2)M prior year due to IM-1 completion and contract adjustments.
- Cash $31.6M; zero debt after paying $5M in Q2 and $3M in July; funds 12 months.
- Backlog $213.0M; signed $18M commercial rideshare; mission two lander shipment expected in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844452/000184445224000093/0001844452-24-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844452/000184445224000093/lunr-20240813.htm
  HTML page:      https://secwatch.observer/filing/0001844452-24-000093

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