secwatch.observer — SEC 8-K summary
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Issuer:     Intuitive Machines, Inc. (LUNR)
CIK:        0001844452
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001844452-24-000127
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Machines Q3 revenue $58.5M, up 359% YoY; record backlog $316.2M; $4.82B NASA contract
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- Revenue $58.5M in Q3, up 359% YoY; YTD revenue $173.3M, more than double full-year 2023.
- Record backlog of $316.2M, highest in company history, driven by fourth NASA CLPS award.
- Awarded $116.9M NASA CLPS contract; sole awardee of Near Space Network contract (max $4.82B).
- Ended Q3 with $89.6M cash (record); October-end cash $106.9M; expects similar year-end.
- Narrowed FY2024 revenue outlook to $215-$235M, trending towards midpoint.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844452/000184445224000127/0001844452-24-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844452/000184445224000127/lunr-20241114.htm
  HTML page:      https://secwatch.observer/filing/0001844452-24-000127

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