Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 552

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 552
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 (60,353,224) 
     (42,786,793)
  
    Total Stockholders’ Equity 
     23,536,065  
     7,131,756 
  
    Total Liabilities and Stockholders’ Equity 
    $37,745,567  
    $19,351,112 

See auditor’s report and notes to the audited
financial statements

 F-2 

SIDUS SPACE, INC.

CONSOLIDATED STATEMENTS OF
OPERATIONS

    2024  
    2023 

    Years Ended 

    December
    31, 

    2024  
    2023 

    Revenue 
    $3,873,704  
    $5,010,565 
  
    Revenue - related parties 
     798,942  
     952,220 
  
    Total - revenue 
     4,672,646  
     5,962,785 
  
    Cost of revenue 
     6,141,657  
     4,321,482 
  
    Gross profit
    (loss) 
     (1,469,011) 
     1,641,303 

    Operating expenses 

    Selling, general and
    administrative expense 
     14,249,870  
     14,166,617 
  
    Total operating
    expenses 
     14,249,870  
     14,166,617 

    Net loss from operations 
     (15,718,881) 
     (12,525,314)

    Other income (expense) 

    Other income 
     4,613  
     17,950 
  
    Interest expense 
     (1,306,252) 
     (747,420)
  
    Interest income 
     39,015  
     - 
  
    Asset-based loan expense 
     (542,551) 
     (155,716)
  
    Finance expense 
     -  
     (917,848)
  
    Total
    other income (expense) 
     (1,805,175) 
     (1,803,034)

    Loss before income taxes 
     (17,524,056) 
     (14,328,348)
  
    Provision for income
    taxes