secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2026-05-13T10:31:39+00:00
Accession:  0001877939-26-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum Q1 revenue up 23% to $14.3M; record backlog $273M; net loss improves to $0.4M
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- Revenue of $14.3M (+23% YoY); net loss $0.4M ($0.00 EPS) vs $1.2M loss in Q1 2025.
- Adjusted EBITDA $0.4M vs $0.08M; gross profit $5.1M (+11% YoY).
- Record backlog $273.3M; qualified pipeline $938M; debt-free with $15.8M cash.
- Expects ~16% of backlog recognized over 12 months, ~49% over 24 months.
- CEO highlights $219M in 2025 contract wins and new CMMC Level 2 certification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000187793926000036/0001877939-26-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000187793926000036/ctm-20260508.htm
  HTML page:      https://secwatch.observer/filing/0001877939-26-000036

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