---
schema_version: "secwatch.filing_event.v1"
accession: "0001877939-24-000038"
form_type: "8-K"
ticker: "CTM"
cik: "0001877939"
company_name: "Castellum, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:40:05.865133+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Castellum Q1 revenue $11.3M, operating loss $(2.7)M; RCOP loss narrows to $(0.1)M

## Summary
- Revenue $11.3M, up sequentially from $11.1M in Q4 2023.
- Operating loss $(2.7)M inclusive of $1.7M stock-option/warrants expense and $0.6M D&A.
- Non-GAAP RCOP loss $(0.1)M, improved from $(0.5)M in Q1 2023 and $0.4M in Q4 2023.
- Two financing transactions completed, significantly reducing short-term debt.
- CEO highlights pipeline conversion and balance sheet improvement as focus for 2024–2025.

## SEC filing metadata
- accession: 0001877939-24-000038
- form_type: 8-K
- ticker: CTM
- cik: 0001877939
- company_name: Castellum, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877939/000187793924000038/0001877939-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877939/000187793924000038/ctm-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001877939-24-000038
- JSON: https://secwatch.observer/filing/0001877939-24-000038.json
- Plain text: https://secwatch.observer/filing/0001877939-24-000038.txt

## Key facts
- Earnings Releases
  Castellum, Inc. reported first quarter ended March 31, 2024 results: revenue $11.3 million.
  - Period: first quarter ended March 31, 2024
  - Revenue: $11.3 million
  - Result: reported results
  source text: company focused on the federal government, announces highlights of its operating results for its first quarter ended March 31, 2024. Revenue for the first quarter of 2024 was $11.3 million, up sequentially from $11.1 million during the fourth quarter of 2023. Gross profit was $4.5 million compared to $4.6 million during the fourth quarter of 2023 . Operating
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877939/000187793924000038/0001877939-24-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
