Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1097

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1097
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 profitability when expected, or at all, and even if we do, we may not be able
to maintain or increase profitability.

We
expect our operating expenses to increase over the next several years as we commence production level satellite manufacturing and satellite
launch activities, continue to refine and streamline our design and manufacturing processes, make technical improvements, increase our
launch cadence, hire additional employees and initiate research and development efforts relating to new products and technologies, including
our space services business. These efforts may be more costly than we expect and may not result in increased revenue or growth in our
business. Any failure to increase our revenue sufficiently to keep pace with our investments and other expenses could prevent us from
achieving or maintaining profitability or positive cash flow. Furthermore, if our future growth and operating performance fail to meet
investor or analyst expectations, or if we have future negative cash flow or losses resulting from our investment in acquiring customers
or expanding our operations, this could have a material adverse effect on our business, financial condition and results of operations.

We
may require substantial additional funding to finance our operations, but adequate additional financing may not be available when we
need it, on acceptable terms or at all.

In
the future, we could be required to raise capital through public or private financing or other arrangements. Such financing may not be
available on acceptable terms, or at all, and our failure to raise capital when needed could harm our business. For example, the global
COVID-19 health crisis and related financial impact has resulted in, and may continue to result in, significant disruption and volatility
of global financial markets that could adversely impact our ability to access capital. We may sell equity securities or debt securities
in one or more transactions at prices and in a manner as we may determine from time to time. If we sell any such securities in subsequent
transactions, our current investors may be materially diluted. Any debt financing, if available, may involve restrictive covenants and
could reduce our operational flexibility or profitability. If we cannot raise funds on acceptable terms, we may not be able to grow our
business or respond to competitive pressures.

19

The
success of our business will be highly dependent on our ability to effectively market and sell our commercial satellite manufacturing,
launch, and data services for LEO, GEO, Cislunar and Lunar satellites.

We
expect that our success will be highly dependent, especially in the foreseeable future, on our ability to effectively forecast, market
and sell our launch and data services for L