For the quarter ending 2025-09-30, LUNR had $277,074K increase in cash & cash equivalents over the period. -$18,990K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Total revenues | 165,274 | - |
| Cost of revenue (excluding depreciation) | 164,772 | - |
| Depreciation | 2,190 | - |
| Impairment of property and equipment (see note 4) | 0 | - |
| Sales and marketing expense | 7,960 | - |
| Other general and administrative expense | 44,488 | - |
| Total general and administrative expense (excluding depreciation) | 52,448 | - |
| Operating loss | -54,136 | - |
| Interest income | 9,752 | - |
| Interest expense | 1,442 | - |
| Change in fair value of earn-out liabilities | 33,369 | - |
| Change in fair value of warrant liabilities | -31,919 | - |
| Loss on issuance of securities | 0 | - |
| Other income, net | 90 | - |
| Income tax expense | 5 | - |
| Net loss | -9,960 | -37,231 |
| Depreciation | 815 | 1,375 |
| Bad debt expense | 0 | 135 |
| Impairment of property and equipment (see note 4) | 0 | - |
| Amortization of debt discount and issuance costs | 243 | - |
| Share-based compensation expense | 1,416 | 5,364 |
| Change in fair value of earn-out liabilities | 0 | 33,369 |
| Change in fair value of warrant liabilities | -1,950 | -29,969 |
| Loss on issuance of securities | 0 | 0 |
| Other | 0 | -177 |
| Trade accounts receivable, net-Nonrelated Party | -13,246 | -8,053 |
| Trade accounts receivable, net-Related Party | 30 | 16 |
| Contract assets | 1,737 | -26,154 |
| Prepaid expenses | 4,362 | 1,131 |
| Other assets, net | -930 | -1,107 |
| Accounts payable and accrued expenses | -4,245 | 305 |
| Accounts payableaffiliated companies | -2,082 | 1,558 |
| Contract liabilitiescurrent and long-term | -3,848 | -7,876 |
| Other liabilities | 4,385 | -1,218 |
| Net cash used in operating activities | -7,179 | 156 |
| Purchase of property and equipment | 11,811 | 14,176 |
| Net cash used in investing activities | -11,811 | -14,176 |
| Proceeds from issuance of convertible notes, net of discount | 335,513 | - |
| Proceeds from borrowings | 0 | 0 |
| Purchase of capped call transactions | 36,777 | - |
| Warrants exercised | 0 | 176,620 |
| Redemption of warrants | 0 | 66 |
| Payment of debt issuance costs | 929 | - |
| Transaction costs | 0 | 0 |
| Repurchase of class a common stock | 0 | 20,700 |
| Repayment of loans | 0 | 0 |
| Proceeds from issuance of securities | 0 | 0 |
| Payment of withholding taxes from share-based awards | 217 | 4,540 |
| Stock option exercises | 0 | 0 |
| Distributions to noncontrolling interests | -1,526 | 0 |
| Net cash provided by financing activities | 296,064 | 151,314 |
| Net increase in cash, cash equivalents and restricted cash | 277,074 | 137,294 |
| Cash and cash equivalents at beginning of period | 209,649 | - |
| Cash and cash equivalents at end of period | 624,017 | - |
Intuitive Machines, Inc. (LUNR)
Intuitive Machines, Inc. (LUNR)