8-KCurrent report
Results of operations
✓ VerifiedSidus Space reported full-year 2025 revenue of approximately $3.4 million, down 28%, a net loss of $29.5 million including a LizzieSat-1 impairment, and a ten-year Missile Defense Agency SHIELD IDIQ award with a $151 billion program ceiling.
Filed Apr 1, 2026 · 07:44 ET
Summary
- Total 2025 revenue was approximately $3.4 million, down approximately $1.3 million or 28%; gross loss widened to approximately $5.7 million.
- SG&A rose to approximately $22.3 million including a $4.5 million non-cash impairment of LizzieSat-1 and associated assets; net loss was $29.5 million against $17.5 million.
- Cash ended the year at $43.2 million, up $27.5 million on second-half equity raises.
- The company was awarded a position on the Missile Defense Agency's ten-year SHIELD IDIQ, a program with a total potential ceiling of $151 billion.
Key facts
- Revenue
- approximately $3.4 million, down 28%
From the filing for Revenue
“was approximately $3.4 million, a decrease of approximately $1.3 million or 28%”
- SHIELD IDIQ
- $151 billion ceiling
From the filing for SHIELD IDIQ
“a scalable homeland defense program with a total potential ceiling of $151 billion”
Why it mattersThe results explain the spring's back-to-back raises, while the SHIELD position is the option the story trades on.
- Filed
- Apr 1, 2026
- Accepted
- 2026-04-01 11:44Z
- Period
- Apr 1, 2026
- Accession no.
- 0001493152-26-014511
- Size
- 314 KB
- Index
- Filing index