Company: SIDU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024043
Chunk: 14

Company: Sidus Space Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 14
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    17

The
operating lease expense were as follows:

Schedule
of Operating Lease Expense

    2025  
    2024 

    Six months ended June 30, 

    2025  
    2024 
  
    Lease cost 

    Operating lease cost 
    $204,787  
    $188,741 

Supplemental
balance sheet information related to operating leases was as follows:

Summary
of Supplemental Balance Sheet Information

    June 30,  
    December 31, 

    2025  
    2024 
  
    Operating lease right-of-use assets at inception 
    $856,787  
    $284,861 
  
    Accumulated amortization 
     (21,647) 
     (163,316)
  
    Total operating lease right-of-use assets 
    $835,140  
    $121,545 

    Operating lease liabilities - current 
    $260,311  
    $121,544 
  
    Operating lease liabilities - non-current 
     575,598  
     - 
  
    Total operating lease liabilities 
    $835,909  
    $121,544 

    Right-of-use assets obtained in exchange for new operating lease liability 
     856,787  
     284,861 

    Weighted-average remaining lease term — operating leases (year) 
     2.92  
     0.41 
  
    Weighted-average discount rate — operating leases 
     6.50% 
     8.25%

Future
minimum lease payments under operating leases that have initial noncancelable lease terms in excess of one year as of June 30, 2025,
were as follows:

Schedule
of Future Minimum Lease Payments Under Operating Leases

    Total 
  
    Year Ended December 31, 

    2025 - Remaining 6 months 
    $152,295 
  
    2026 
     309,920 
  
    2027 
     319,218 
  
    2028 
     134,641 
  
    Thereafter 
     - 
  
    Total undiscounted lease payments 
     916,074 
  
    Less: Imputed interest 
     (80,165)
  
    Operating lease liabilities 
    $835,909 

    18

Sublease

On