Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 18

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9A
Chunk 18
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 and those of our stockholders, as our audit committee, or other independent body of our board of
directors, determines in the good faith exercise of its discretion.

Independence
of the Board of Directors

Our
board of directors undertook a review of the independence of our directors and considered whether any director has a relationship with
us that could compromise that director’s ability to exercise independent judgment in carrying out that director’s responsibilities.
Our board of directors has affirmatively determined that Dana Kilborne, Cole Oliver, Leonardo Riera, Jeff Shuman and Lavanson Coffey
are each an “independent director,” as defined under Nasdaq rules.

ITEM
14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The
following table sets forth the aggregate fees billed by as described below:

    2024  
    2023 

    Audit fees 
    $373,975  
    $93,000 
  
    Audit related fees 
     168,500  
     9,000 
  
    Tax fees 
     -  
     - 
  
    All other fees 
     -  
     - 

    $542,475  
    $102,000 

Audit
Fees: Fees for audit services were $373,975 and $93,000 for the years ended December 31, 2024 and 2023, respectively. These are fees
for professional services performed by the principal auditor for the audit of our annual financial statements and services that are normally
provided in connection with statutory and regulatory filing or engagement.

The
year ended December 31, 2024 includes a re-audit fee of $125,475 for years ended December 31, 2023 & 2022 due to dismissal of prior
auditor by the Company as they were no longer permitted to appear or practice before the SEC for reasons described in the SEC’s
Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections
4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing
Remedial Sanctions and a Cease-and-Desist Order, dated May 3, 2024, as noted in the Company’s May 3, 2024 Form 8K filed with the
SEC.

Audit