For the year ending 2025-12-31, LUNR has $757,154,000 in assets. $553,452,000 in debts. $582,606,000 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 582,606,000 | 207,607,000 | 4,498,000 | 14,932 |
| Restricted cash | 2,733,000 | 2,042,000 | 62,000 | - |
| Trade accounts receivable, net of allowance for credit losses of 3,295 and 0, respectively | 12,193,000 | 44,759,000 | 16,881,000 | - |
| Contract assets | 12,236,000 | 34,592,000 | 6,489,000 | - |
| Prepaid expenses | - | - | - | 335,888 |
| Prepaid and other current assets | 9,046,000 | 4,161,000 | 3,681,000 | - |
| Total current assets | 618,814,000 | 293,161,000 | 31,611,000 | 350,820 |
| Property and equipment, net | 68,550,000 | 23,364,000 | 18,349,000 | - |
| Intangible assets, net | 12,968,000 | - | - | - |
| Goodwill | 18,697,000 | - | - | - |
| Operating lease right-of-use assets | 36,755,000 | 38,765,000 | 35,853,000 | - |
| Finance lease right-of-use assets | 94,000 | 114,000 | 95,000 | - |
| Marketable securities held in trust account | - | - | - | 334,589,588 |
| Deferred income taxes | - | - | 0 | - |
| Other assets | 1,276,000 | - | - | - |
| Total assets | 757,154,000 | 355,404,000 | 85,908,000 | 334,940,408 |
| Accounts payable and accrued expenses-Nonrelated Party | 22,199,000 | 17,350,000 | 16,771,000 | - |
| Accounts payable and accrued expenses-Related Party | - | - | 3,493,000 | - |
| Accounts payable and accrued expenses-Affiliated Entity | 1,723,000 | 2,750,000 | - | - |
| Current maturities of long-term debt | - | 0 | 8,000,000 | - |
| Contract liabilities, current | 57,368,000 | 65,184,000 | 45,511,000 | - |
| Operating lease liabilities, current | 10,466,000 | 2,021,000 | 4,833,000 | - |
| Finance lease liabilities, current | 48,000 | 37,000 | 25,000 | - |
| Accrued offering costs and expenses | - | - | - | 3,695,849 |
| Due to related party | - | - | - | 112,448 |
| Other current liabilities | 33,028,000 | 11,489,000 | 4,747,000 | 625,000 |
| Total current liabilities | 124,832,000 | 98,831,000 | 83,380,000 | 4,433,297 |
| Long-term debt | 335,335,000 | - | 0 | - |
| Contract liabilities, non-current | 6,341,000 | 14,334,000 | 0 | - |
| Operating lease liabilities, non-current | 26,290,000 | 35,259,000 | 30,550,000 | - |
| Finance lease liabilities, non-current | 20,000 | 63,000 | 67,000 | - |
| Simple agreements for future equity ('safe agreements') | - | - | 0 | - |
| Earn-out liabilities | 0 | 134,156,000 | 14,032,000 | - |
| Warrant liabilities | 60,394,000 | 68,778,000 | 11,294,000 | - |
| Other long-term liabilities | 240,000 | 62,000 | 4,000 | - |
| Total liabilities | 553,452,000 | 351,483,000 | 139,327,000 | 4,433,297 |
| Series a preferred stock subject to possible redemption, 0.0001 par value, 25,000,000 shares authorized, 5,000 and 5,000shares issued and outstanding | 6,613,000 | 5,990,000 | 28,201,000 | 320,719,698 |
| Redeemable noncontrolling interests | 951,536,000 | 1,005,965,000 | 181,662,000 | - |
| Common units | - | - | 0 | - |
| Common stock-Common Class A | 12,000 | 10,000 | 2,000 | - |
| Common stock-Common Class B | 0 | 0 | 0 | - |
| Class a ordinary shares, 0.0001 par value 500,000,000 shares authorized 1,386,989 shares issued and outstanding (excluding 31,588,011 shares subject to possible redemption) | - | - | - | 139 |
| Common stock-Common Class C | 6,000 | 6,000 | 7,000 | - |
| Class b ordinary shares, 0.0001 par value 50,000,000 shares authorized 8,243,750 shares issued and outstanding | - | - | - | 825 |
| Treasury stock, at cost, 2,191,080 shares | 33,525,000 | 12,825,000 | 12,825,000 | - |
| Paid-in capital | 0 | 0 | 0 | 10,292,368 |
| Accumulated deficit | -721,457,000 | -996,453,000 | -250,466,000 | -505,919 |
| Total shareholders deficit attributable to the company | -754,964,000 | -1,009,262,000 | -263,282,000 | 9,787,413 |
| Noncontrolling interests | 517,000 | 1,228,000 | - | - |
| Total shareholders deficit | -754,447,000 | -1,008,034,000 | - | - |
| Total liabilities, mezzanine equity and shareholders deficit | 757,154,000 | 355,404,000 | 85,908,000 | 334,940,408 |
Intuitive Machines, Inc. (LUNR)
Intuitive Machines, Inc. (LUNR)