Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 762

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 762
---
,836) 
     (7,691,844)

    Cash Flows From Financing Activities: 

    Proceeds from issuance of common stock
    units 
     33,600,124  
     14,788,121 
  
    Proceeds from issuance of Series A preferred
    stock units 
     -  
     1,811,000 
  
    Proceeds from asset-based loan agreement 
     7,305,852  
     6,379,624 
  
    Repayment of asset-based loan agreement 
     (2,991,116) 
     (4,294,073)
  
    Proceeds from stock payable for 10,000
    shares for exercise of warrants 
     22,500  
     - 
  
    Repayment of notes payable 
     (150,000) 
     (302,983)
  
    Dividend paid 
     -  
     (19,555)
  
    Net Cash provided
    by Financing Activities 
     37,787,360  
     18,362,134 

    Net change in cash 
     14,487,472  
     (1,079,152)
  
    Cash, beginning of period 
     1,216,107  
     2,295,259 
  
    Cash, end of period 
    $15,703,579  
    $1,216,107 

    Supplemental cash flow information 

    Cash paid for interest 
    $1,304,144  
    $190,920 
  
    Cash paid for taxes 
    $-  
    $- 

    Non-cash Investing and Financing transactions: 

    Class A common stock
    issued for conversion of Series A convertible preferred stock 
    $16,566  
    $- 
  
    Recognition of right-of-use
    asset and lease liability 
    $284,861  
    $135,235 
  
    Class A common stock
    issued for exercised cashless warrant 
    $-  
    $166,483 

The accompanying notes are an integral part of
these consolidated financial statements.

 F-5 

SIDUS SPACE, INC.

NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS

DECEMBER 31, 2024 AND 2023

Note 1. Organization and