About this content Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, an ...

Financial Performance - Total revenue for Q1 2024 was approximately $1.1 million, a decrease of $1.2 million compared to the same period in 2023[8] - Total revenue for Q1 2024 was $1,050,155, a decrease of 53.7% compared to $2,263,627 in Q1 2023[28] - Gross profit for Q1 2024 was $84,064, down from $895,799 in Q1 2023, reflecting a significant decline[28] - Net loss for Q1 2024 was $3.8 million, compared to a net loss of $3.4 million in the same period last year[13] - Net loss for Q1 2024 was $3,810,500, compared to a net loss of $3,441,059 in Q1 2023, indicating an increase in losses[28] - Adjusted EBITDA loss for Q1 2024 was $2.7 million, compared to a loss of $2.6 million in Q1 2023, reflecting a 4% increase in loss[12] - Basic and diluted loss per common share for Q1 2024 was $(1.40), compared to $(0.12) in Q1 2023, indicating a worsening loss per share[28] Cost and Expenses - Cost of revenue decreased by 29% to approximately $1 million in Q1 2024, down from approximately $1.4 million in Q1 2023[9] - Gross profit margin decreased to 8% in Q1 2024, compared to 40% in Q1 2023, due to higher material costs and customer-driven delays[10] - Selling, general, and administrative expenses totaled approximately $3.6 million in Q1 2024, slightly up from $3.5 million in the prior year[11] - Operating expenses for Q1 2024 were $3,645,583, slightly higher than $3,542,169 in Q1 2023[28] Cash and Assets - Cash increased to $6.2 million as of March 31, 2024, up from $1.2 million at December 31, 2023, following gross proceeds of $15.2 million from warrant exercises and equity offerings[14] - Cash at the end of Q1 2024 was $6,171,759, significantly up from $2,818,737 at the end of Q1 2023, an increase of 118.5%[30] - Cash used in operating activities for Q1 2024 was $(5,418,294), compared to $(3,488,006) in Q1 2023, reflecting increased cash outflow[30] - Net cash provided by financing activities in Q1 2024 was $12,604,064, compared to $5,158,893 in Q1 2023, showing a significant increase in financing[30] - Total current assets increased to $13,306,767 as of March 31, 2024, up from $9,202,310 at the end of 2023, representing a growth of 44.8%[26] Liabilities and Equity - Current liabilities decreased by approximately $4.0 million to approximately $8.2 million as of March 31, 2024, from approximately $12.2 million at the end of 2023[15] - Total liabilities decreased to $8,211,414 as of March 31, 2024, down from $12,219,356 at the end of 2023, a reduction of 32.5%[26] - Total stockholders' equity increased to $17.2 million as of March 31, 2024, compared to $7.1 million at the end of 2023[16] Strategic Developments - The company successfully launched its first LizzieSat satellite, marking a key milestone in its strategy to lead in the Space ecosystem[2]

Sidus Space, Inc. (NASDAQ:SIDU) Q4 2023 Results Conference Call May 20, 2024 5:00 PM ET Company Participants Valter Pinto - IR, Managing Director, KCSA Carol Craig - Founder and CEO Bill White - CFO Conference Call Participants Operator Greetings, and welcome to the Sidus Space First Quarter 2024 Results Conference Call. At this time all participants are in a listen only mode. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Valter Pinto ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________to ___________ Commission File Number: 001-41154 SIDUS SPACE, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 46-0628183 (State or ...

Sidus Space, Inc. (NASDAQ:SIDU) Q4 2023 Results Conference Call March 27, 2024 9:00 AM ET Company Participants Valter Pinto - IR, Managing Director, KCSA Carol Craig - Founder and CEO Bill White - CFO Operator Greetings, and welcome to the Sidus Space Fourth Quarter and Full Year 2023 Results Conference Call. At this time, all participants are in a listen-only mode. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Valter Pinto, Managing Director, KCSA. You may ...

Exhibit 99.1 SIDUS SPACE REPORTS FULL YEAR 2023 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE CAPE CANAVERAL, Fla – March 27, 2024 —Sidus Space, Inc. (NASDAQ:SIDU) (the "Company" or "Sidus"), a Space and Data- as-a-Service satellite company, announces financial results for the full year ended December 31, 2023 and provides a business update. Management is scheduled to host a conference call and webcast today, March 27, at 9:00 a.m. ET. "2023 was a pivotal year for Sidus, culminating with the successful lau ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission file number 001-41154 SIDUS SPACE, INC. (Exact name of registrant as specified in charter) | Delaware | 46-0628183 | | --- | --- | | (State or j ...

Sidus Space, Inc (NASDAQ:SIDU) Q3 2023 Earnings Call Transcript November 15, 2023 9:00 AM ET Company Participants Walter Pinto - Managing Director, KCSA Carol Craig - Founder and CEO Teresa Burchfield - Chief Financial Officer Operator Ladies and gentlemen, good morning, and welcome to the Sidus Space Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a rem ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________to ___________ Commission File Number: 001-41154 SIDUS SPACE, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 46-0628183 (Stat ...

Sidus Space, Inc. (NASDAQ:SIDU) Q2 2023 Results Conference Call August 15, 2023 9:00 AM ET Company Participants Walter Pinto - Managing Director, KCSA Carol Craig - Founder and CEO Teresa Burchfield - Chief Financial Officer Operator Greetings, and welcome to the Sidus Space Second Quarter 2023 Results and Business Update Call. At this time, all participants are in a listen only mode. A brief question-and-answer session will follow the formal presentation [Operator Instructions]. As a reminder, this confere ...