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

Issuer:     Intuitive Machines, Inc. (LUNR)
CIK:        0001844452
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001844452-25-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Machines Q4 rev $54.7M (+79% YoY); backlog $328.3M, cash $385M
------------------------------------------------------------------------

- Q4 2024 revenue $54.7M, up 79% YoY; full-year revenue $228M, nearly triple 2023.
- Record backlog $328.3M, up 22% YoY; cash $207.6M at year-end, $385M after warrant redemption.
- Positive gross margin in Q4 and full-year 2024, second consecutive quarter.
- FY2025 revenue outlook $250-300M; positive run-rate Adj. EBITDA by end of 2025, positive in 2026.
- Operational highlights: southernmost lunar landing, NASA NSN contract, upsized $125M stock offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844452/000184445225000016/0001844452-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844452/000184445225000016/lunr-20250324.htm
  HTML page:      https://secwatch.observer/filing/0001844452-25-000016

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