Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 657

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 657
---
 -  
     -  
     -  
     - 
  
    Net
    loss 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     (17,524,056) 
     (17,524,056)
  
    Balance - December
    31, 2024 
     -  
    $-  
     15,956,816  
    $1,597  
     100,000  
    $10  
    $83,887,682  
    $(60,353,224) 
    $23,536,065 
  
    Balance 
     -  
    $-  
     15,956,816  
    $1,597  
     100,000  
    $10  
    $83,887,682  
    $(60,353,224) 
    $23,536,065 

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

 F-4 

SIDUS SPACE, INC.

CONSOLIDATED STATEMENTS OF
CASH FLOWS

    2024  
    2023 

    Years Ended 

    December
    31, 

    2024  
    2023 

    Cash Flows From Operating Activities: 

    Net loss 
    $(17,524,056) 
    $(14,328,348)
  
    Adjustments to reconcile net loss to net
    cash used in operating activities: 

    Stock based compensation 
     289,175  
     1,021,886 
  
    Depreciation and amortization 
     2,171,873  
     217,107 
  
    Bad debt 
     87,129  
     17,871 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     260,062  
     (290,839)
  
    Accounts receivable - related party 
     (573,929) 
     100,723 
  
    Inventory 
     602,926  
     (265,594)
  
    Contract asset 
     (910,975) 
     (375,479)
  
    Contract asset -