Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1096

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1096
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 we have faced or expects to face include our ability to:

    ●
    forecast
    our revenue and budget for and manage our expenses;

    ●
    attract
    new customers and retain existing customers;

    ●
    effectively
    manage our growth and business operations, including planning for and managing capital expenditures for our current and future space
    and space-related systems and services, managing our supply chain and supplier relationships related to our current and future product
    and service offerings, and integrating acquisitions;

    ●
    anticipate
    and respond to macroeconomic changes and changes in the markets in which we operate;

    ●
    maintain
    and enhance the value of our reputation and brand;

    ●
    develop
    and protect intellectual property; and

    ●
    hire,
    integrate and retain talented people at all levels of our organization.

If
we fail to address the risks and difficulties that we face, including those associated with the challenges listed above as well as those
described elsewhere in this “Risk Factors” section, our business, financial condition and results of operations could
be adversely affected. Further, because we have limited historical financial data and operate in a rapidly evolving market, any predictions
about its future revenue and expenses may not be as accurate as they would be if it had a longer operating history or operated in a more
developed market. We have encountered in the past, and will encounter in the future, risks and uncertainties frequently experienced by
growing companies with limited operating histories in rapidly changing industries. If our assumptions regarding these risks and uncertainties,
which we use to plan and operate our business, are incorrect or change, or if we do not address these risks successfully, our results
of operations could differ materially from its expectations and its business, financial condition and results of operations could be
adversely affected.

We
have incurred significant losses since inception, we expect to incur losses in the future, and we may not be able to achieve or maintain
profitability.

We
have incurred significant losses since our inception. We incurred net losses of $17,524,056 and $14,328,348 for the years ended December
31, 2024 and 2023, respectively. While we have generated limited revenue to date, we have not yet achieved production level satellite
manufacturing, launch and data activities, and it is difficult for us to predict our future operating results. As a result, our losses
may be larger than anticipated, and we may not achieve