Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1266

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1266
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 of coverage. We do not maintain third-party liability insurance with respect to our satellites. Accordingly, we currently have
no insurance to cover any third-party damages that may be caused by any of our satellites, including personal and property insurance.
If we experience significant uninsured losses, such events could have a material adverse impact on our business, financial condition
and results of operations.

Natural
disasters, unusual weather conditions, epidemic outbreaks, global health crises, terrorist acts and political events could disrupt our
business and flight schedule.

The
occurrence of one or more natural disasters such as tornadoes, hurricanes, fires, floods and earthquakes, unusual weather conditions,
epidemic outbreaks, terrorist attacks or disruptive political events in certain regions where our facilities are located, or where our
third-party contractors’ and suppliers’ facilities are located, could adversely affect our business, financial condition,
and results of operations. Severe weather, such as rainfall, snowfall, or extreme temperatures, may impact the ability of our satellite
launch and data services to be carried out as planned, resulting in additional expense to reschedule such service, thereby reducing our
sales and profitability. Terrorist attacks, actual or threatened acts of war or the escalation of current hostilities, or any other military
or trade disruptions impacting our domestic or foreign suppliers of components of our products, may impact our operations by, among other
things, causing supply chain disruptions and increases in commodity prices, which could adversely affect our raw materials or transportation
costs. These events also could cause or act to prolong an economic recession in the United States or abroad. To the extent these events
also impact one or more of our suppliers or contractors or result in the closure of any of their facilities or our facilities, commence
our commercial satellite launch activities as planned or thereafter increase our launch cadence. In addition, the disaster recovery and
business continuity plans we have in place currently are limited and are unlikely to prove adequate in the event of a serious disaster
or similar event. We may incur substantial expenses as a result of the limited nature of our disaster recovery and business continuity
plans and, more generally, any of these events could cause consumer confidence and spending to decrease, which could adversely impact
our commercial satellite manufacturing, launch and data operations.

30

Our
operating results may fluctuate significantly, which makes our future operating results difficult to predict and could cause our operating
results to fall below expectations or any guidance we may provide.

Our
quarterly and annual operating results may fluctuate significantly,