Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 658

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 658
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 related party 
     (3,780) 
     (28,191)
  
    Prepaid expenses and other assets 
     1,959,318  
     (1,950,807)
  
    Accounts payable and accrued liabilities 
     (2,026,147) 
     3,986,275 
  
    Accounts payable and accrued liabilities
    - related party 
     (95,796) 
     110,403 
  
    Contract liability 
     (60,932) 
     16,192 
  
    Contract liability - related party 
     3,780  
     28,191 
  
    Changes in operating
    lease assets and liabilities 
     (3,700) 
     (8,832)
  
    Net Cash used in Operating
    Activities 
     (15,825,052) 
     (11,749,442)

    Cash Flows From Investing Activities: 

    Purchase of property and equipment 
     (7,474,836) 
     (7,208,200)
  
    Cash paid for asset
    acquisition 
     -  
     (483,644)
  
    Net Cash used in Investing
    Activities 
     (7,474,836) 
     (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