The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Operating loss | - | -57,396,000 | - | - |
| Interest income (expense), net | - | 180,000 | - | - |
| Change in fair value of earn-out liabilities | - | 120,124,000 | - | - |
| Change in fair value of warrant liabilities | - | 77,651,000 | - | - |
| Change in fair value of safe agreements | - | 0 | - | - |
| Loss on issuance of securities | - | -93,136,000 | - | - |
| Income (loss) before income taxes | - | - | 15,062,000 | - |
| Other income (expense), net | - | 1,242,000 | - | - |
| Operating loss | -87,231,000 | - | - | - |
| Interest income | 15,272,000 | - | - | - |
| Interest expense | 4,177,000 | - | - | - |
| Change in fair value of earn-out liabilities | 33,369,000 | - | - | - |
| Change in fair value of warrant liabilities | -8,384,000 | - | - | - |
| Change in fair value of contingent consideration liabilities | 1,854,000 | - | - | - |
| Loss on issuance of securities | 0 | - | - | - |
| Other income, net | 91,000 | - | - | - |
| Income tax expense | 3,962,000 | 37,000 | 40,000 | - |
| Net loss | -106,846,000 | -346,922,000 | 15,022,000 | - |
| Depreciation and amortization | 3,597,000 | 1,859,000 | 1,376,000 | - |
| Bad debt expense | 3,431,000 | 440,000 | -836,000 | - |
| Due to related party | - | - | - | 111,416 |
| Impairment of property and equipment | 0 | 5,044,000 | 964,000 | - |
| Accrued offering costs and expenses | - | - | - | 3,477,428 |
| Loss on disposal of property and equipment | - | - | 0 | - |
| Amortization of debt discount and issuance costs | 982,000 | - | - | - |
| Formation cost paid by sponsor in exchange of issuance of class b ordinary shares | - | - | - | 0 |
| Share-based compensation expense | 8,609,000 | 8,798,000 | 4,273,000 | - |
| Operating expense paid by promissory note - related party | - | - | - | 0 |
| Change in fair value of earn-out liabilities | 33,369,000 | - | - | - |
| Change in fair value of safe agreements | - | 0 | 2,353,000 | - |
| Change in fair value of warrant liabilities | -8,384,000 | 77,651,000 | -15,435,000 | 0 |
| Change in fair value of contingent consideration liabilities | 1,854,000 | 120,124,000 | -66,252,000 | - |
| Loss on issuance of securities | 0 | -93,136,000 | -6,729,000 | - |
| Deferred income taxes | -3,926,000 | 0 | -7,000 | - |
| Other | -308,000 | -58,000 | -43,000 | - |
| Net loss | - | - | - | -190,408 |
| Trade accounts receivable, net | -30,334,000 | 28,319,000 | 14,743,000 | - |
| Interest earned on marketable securities held in trust account | - | - | - | 4,833,790 |
| Contract assets | -22,389,000 | 28,102,000 | -490,000 | - |
| Issuance cost of over-allotment | - | - | - | 0 |
| Prepaid expenses | 5,966,000 | 481,000 | 1,435,000 | -465,676 |
| Other assets, net | -2,503,000 | -1,334,000 | -1,165,000 | 0 |
| Accounts payable and accrued expenses | -2,101,000 | -1,228,000 | 14,091,000 | - |
| Accounts payableaffiliated companies | -1,027,000 | -3,036,000 | 3,050,000 | - |
| Contract liabilitiescurrent and long-term | -15,809,000 | 38,147,000 | -13,333,000 | - |
| Other liabilities | 14,513,000 | 3,910,000 | 17,192,000 | - |
| Net cash used in operating activities | -14,318,000 | -57,587,000 | -45,279,000 | -969,678 |
| Purchase of property and equipment | 41,634,000 | 10,111,000 | 29,911,000 | - |
| Purchase of intangible assets | 63,000 | - | - | - |
| Investment of cash in trust account | - | - | - | 0 |
| Acquisition of businesses, net of cash acquired | 14,883,000 | - | - | - |
| Net cash used in investing activities | -56,580,000 | -10,111,000 | -29,911,000 | 0 |
| Proceeds from issuance of convertible notes, net of discount | 335,513,000 | - | - | - |
| Purchase of capped call transactions | 36,777,000 | - | - | - |
| Payment of debt issuance costs | 929,000 | - | - | - |
| Proceeds from issuance of securities | 0 | 233,392,000 | 20,000,000 | - |
| Member distributions | - | 0 | 7,952,000 | - |
| Proceeds from business combination | - | 0 | 8,055,000 | - |
| Net costs of stock option exercises | - | - | -348,000 | - |
| Proceeds from issuance of series a preferred stock | - | 0 | 26,000,000 | - |
| Forward purchase agreement termination | - | 0 | 12,730,000 | - |
| Transaction costs | 0 | 9,370,000 | 9,371,000 | - |
| Warrants exercised | 176,620,000 | 61,261,000 | 16,124,000 | - |
| Redemption of warrants | 66,000 | - | - | - |
| Repurchase of class a common stock | 20,700,000 | - | - | - |
| Proceeds from working capital loan | - | - | - | 625,000 |
| Proceeds from borrowings | 0 | 10,000,000 | 0 | - |
| Proceeds from issuance of private placement warrants | - | - | - | 0 |
| Repayment of loans | 0 | 18,000,000 | 12,000,000 | - |
| Proceeds from sale of units, net of underwriting discount | - | - | - | 0 |
| Stock option exercises | 0 | 300,000 | - | - |
| Payment of promissory note related party | - | - | - | 0 |
| Distributions to noncontrolling interests | -2,236,000 | -2,267,000 | 686,000 | - |
| Payment of offering costs | - | - | - | 0 |
| Safe agreements | - | - | 0 | - |
| Payment of withholding taxes from share-based awards | 4,837,000 | 2,529,000 | - | - |
| Net change in cash and cash equivalents | - | - | - | -344,678 |
| Net cash provided by financing activities | 446,588,000 | 272,787,000 | 53,924,000 | 625,000 |
| Net change in cash and cash equivalents | - | - | - | -344,678 |
| Net increase in cash, cash equivalents and restricted cash | 375,690,000 | 205,089,000 | -21,266,000 | - |
| Cash, cash equivalents and restricted cash at beginning of the period | 209,649,000 | 4,560,000 | 25,826,000 | 359,610 |
| Cash, cash equivalents and restricted cash at end of the period | 585,339,000 | 209,649,000 | 4,560,000 | 14,932 |
| Less restricted cash | 2,733,000 | 2,042,000 | 62,000 | - |
| Cash and cash equivalents at end of the period | 582,606,000 | 207,607,000 | 4,498,000 | - |
Intuitive Machines, Inc. (LUNR)
Intuitive Machines, Inc. (LUNR)