Company: SATLW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001628280-25-014951
Chunk: 2

Company: Satellogic Inc.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 8
Chunk 2
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 fair value of financial instruments(60,071)6,474 Other (expense) income, net(2,107)9,271 Total other (expense) income, net(61,208)17,467 Loss before income tax(113,414)(51,936)Income tax expense(2,858)(9,082)Net loss available to stockholders$(116,272)$(61,018)Other comprehensive lossForeign currency translation gain (loss), net of tax(538)279 Comprehensive loss$(116,810)$(60,739)Basic net loss per share for the period attributable to holders of Common Stock$(1.28)$(0.68)Basic weighted-average Common Stock outstanding 91,164,286 89,539,910 Diluted net loss per share for the period attributable to holders of Common Stock$(1.28)$(0.68)Diluted weighted-average Common Stock outstanding 91,164,286 89,539,910 

The accompanying notes are an integral part of the Consolidated Financial Statements.

75

SATELLOGIC INC.

CONSOLIDATED BALANCE SHEETS

December 31,(in thousands of U.S. dollars, except per share amounts)20242023ASSETSCurrent assetsCash and cash equivalents$22,493 $23,476 Accounts receivable, net of allowance of $148 and $126, respectively1,464 901 Prepaid expenses and other current assets3,907 2,173 Total current assets27,864 26,550 Property and equipment, net27,228 41,130 Operating lease right-of-use assets877 3,195 Other non-current assets5,722 5,507 Total assets$61,691 $76,382 LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITYCurrent liabilitiesAccounts payable$3,754 $7,935 Warrant liabilities11,511 2,795 Earnout liabilities1,501 419 Operating lease liabilities363 2,143 Contract liabilities5,871 3,728 Accrued expenses and other liabilities11,621 4,372 Total current liabilities34,621 21,392 Secured Convertible Notes at fair value79,070 — Operating lease liabilities516 1,789 Contract liabilities— 1,000 Other non-current liabilities516 526 Total