Company: SIDU
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023543
Chunk: 10

Company: Sidus Space Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 10
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842  
    $374,480 
  
    Prepaid components 
     1,812,172  
     528,000 
  
    Prepaid satellite services & licenses 
     2,304,040  
     2,353,757 
  
    Prepaid software 
     152,544  
     82,440 
  
    Other current assets 
     477,740  
     90,979 
  
    Total 
    $4,849,338  
    $3,429,656 

During
the nine months ended September 30, 2025 and 2024, the Company recorded interest expense of $9,096 and $11,349 respectively, related
to cash paid for interest from financing of our prepaid insurance policies.

Note
5. Inventory

As
of September 30, 2025 and December 31, 2024, inventory is as follows:

 Schedule of Inventory

    September 30,  
    December 31, 

    2025  
    2024 
  
    Work in Process 
    $188,310  
    $255,716 

Work
in Process consists of components and related labor and other costs incurred on applicable contracts based on estimated total costs to
complete. Related labor and other non-component costs for longer term contracts subject to contractual invoicing arrangement are reflected
in contracts receivable.

    15

Note
6. Property and Equipment

As
of September 30, 2025 and December 31, 2024, property and equipment consisted of the following:

 Schedule of Property and Equipment

    September 30,  
    December 31, 

    2025  
    2024 
  
    Office equipment 
    $17,061  
    $17,061 
  
    Computer equipment 
     46,285  
     41,233 
  
    Vehicle 
     35,424  
     35,424 
  
    Software 
     1,131,091  
     1,358,558 
  
    Machinery 
     3,257,764  
     3,257,764 
  
    Leasehold improvements 
     397,536  
     397,536 
  
    R&D software 
     -  
     - 
  
    Satellite and related software 
     16,350,863