| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | NaN | NaN | 165,274 | NaN |
| Cost of revenue (excluding depreciation) | NaN | NaN | 164,772 | NaN |
| Depreciation | NaN | NaN | 2,190 | NaN |
| Impairment of property and equipment (see note 4) | NaN | NaN | 0 | NaN |
| Sales and marketing expense | NaN | NaN | 7,960 | NaN |
| Other general and administrative expense | NaN | NaN | 44,488 | NaN |
| Total general and administrative expense (excluding depreciation) | NaN | NaN | 52,448 | NaN |
| Operating loss | NaN | -33,095 | -54,136 | NaN |
| Interest income | NaN | 5,520 | 9,752 | NaN |
| Interest expense | NaN | 2,735 | 1,442 | NaN |
| Change in fair value of earn-out liabilities | NaN | 33,369 | NaN | NaN |
| Change in fair value of warrant liabilities | NaN | 23,535 | -31,919 | NaN |
| Change in fair value of contingent consideration liabilities | NaN | -31,515 | 33,369 | NaN |
| Loss on issuance of securities | NaN | 0 | 0 | NaN |
| Other income, net | NaN | 1 | 90 | NaN |
| Income tax expense | NaN | 3,957 | 5 | NaN |
| Net income (loss) | -52,528 | -59,655 | -9,960 | -38,206 |
| Depreciation and amortization | 13,048 | 1,407 | 815 | 752 |
| Bad debt expense | 357 | 3,296 | 0 | 135 |
| Impairment of property and equipment | NaN | 0 | 0 | NaN |
| Amortization of debt discount and issuance costs | 277 | 739 | 243 | NaN |
| Share-based compensation expense | 8,842 | 1,829 | 1,416 | 2,520 |
| Change in fair value of earn-out liabilities | 0 | 33,369 | NaN | NaN |
| Change in fair value of warrant liabilities | 9,422 | 23,535 | -1,950 | 13,033 |
| Change in fair value of contingent consideration liabilities | 521 | -31,515 | 0 | 0 |
| Loss on issuance of securities | NaN | 0 | 0 | 0 |
| Deferred income taxes | NaN | -3,926 | NaN | NaN |
| Other | 1,927 | -131 | 0 | 17 |
| Trade and other receivables, net | 20,024 | NaN | -13,246 | -8,053 |
| Trade accounts receivable, net-Related Party | NaN | NaN | 30 | 16 |
| Trade accounts receivable, net | NaN | -14,916 | NaN | NaN |
| Inventory, net | 1,726 | NaN | NaN | NaN |
| Contract assets | 12,642 | 2,028 | 1,737 | -13,077 |
| Prepaid expenses | 17,685 | 473 | 4,362 | -445 |
| Orbital receivables, net | -7,689 | NaN | NaN | NaN |
| Other assets, net | -3,012 | -466 | -930 | -560 |
| Accounts payable and accrued expenses | 26,483 | 1,839 | -4,245 | -5,551 |
| Accounts payableaffiliated companies | 682 | -503 | -2,082 | -231 |
| Contract liabilitiescurrent and long-term | -17,119 | -4,085 | -3,848 | 750 |
| Securitization liabilities | -2,692 | NaN | NaN | NaN |
| Pension and other postretirement benefits | -2,763 | NaN | NaN | NaN |
| Other liabilities | -17,294 | 11,346 | 4,385 | 851 |
| Net cash provided by (used in) operating activities | -54,768 | -7,295 | -7,179 | -19,263 |
| Purchase of property and equipment | 9,876 | 15,647 | 11,811 | 8,054 |
| Purchase of intangible assets | NaN | 63 | NaN | NaN |
| Purchase of intangible assets | 444,779 | 14,883 | NaN | NaN |
| Net cash used in investing activities | -454,655 | -30,593 | -11,811 | -8,054 |
| Proceeds from issuance of convertible notes, net of discount | NaN | 0 | 335,513 | NaN |
| Proceeds from borrowings | NaN | 0 | 0 | 0 |
| Purchase of capped call transactions | NaN | 0 | 36,777 | NaN |
| Payment of debt issuance costs | NaN | 0 | 929 | NaN |
| Transaction costs | NaN | 0 | 0 | 0 |
| Warrants exercised | 0 | 0 | 0 | 0 |
| Redemption of warrants | 0 | 0 | 0 | 0 |
| Transaction costs related to the issuance of securities | 7,550 | NaN | NaN | NaN |
| Repurchase of class a common stock | 0 | 0 | 0 | 0 |
| Repayment of loans | NaN | 0 | 0 | 0 |
| Stock option exercises | NaN | 0 | 0 | 0 |
| Distributions to noncontrolling interests | NaN | -710 | -1,526 | 0 |
| Proceeds from issuance of securities | 175,000 | 0 | 0 | 0 |
| Payment of withholding taxes from share-based awards | 1 | 80 | 217 | 1,035 |
| Net cash provided by financing activities | 167,449 | -790 | 296,064 | -1,035 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -341,974 | -38,678 | 277,074 | -28,352 |
| Cash, cash equivalents and restricted cash at beginning of the period | 585,339 | 624,017 | 346,943 | 375,295 |
| Cash, cash equivalents and restricted cash at end of the period | 243,365 | 585,339 | 624,017 | 346,943 |
| Less restricted cash | 11,741 | 691 | 0 | 0 |
| Cash and cash equivalents | 231,624 | -39,369 | 277,074 | -28,352 |
Intuitive Machines, Inc. (LUNR)
Intuitive Machines, Inc. (LUNR)