Every 8-K that Sidus Space Inc (SIDU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SIDU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SIDU filings page.
Sidus Space, Inc. reported second quarter 2026 results showing a much stronger balance sheet but continued operating losses. Cash rose to $166.5 million at June 30, 2026 from $43.2 million at year-end 2025, driven mainly by $146.2 million of common stock unit issuance and $1.8 million of warrant exercises. The asset-based loan liability of $8.2 million at December 31, 2025 was fully repaid, and total liabilities fell to $6.0 million, while stockholders’ equity increased to $188.8 million.
Operations remain loss-making. Total revenue for the quarter was $583,096, down from $1.26 million a year earlier, with a negative gross profit of $0.63 million. Selling, general and administrative expenses were $5.1 million, leading to a net loss of $4.8 million, improved from a $5.6 million loss in 2025. Adjusted EBITDA was a loss of $5.1 million versus a $3.9 million loss in the prior-year quarter. Net interest income turned positive following repayment of the asset-based loan and higher cash balances from April and May 2026 offerings.
Sidus Space appointed Alan Khalili as Chief Financial Officer, effective July 27, 2026, under an employment agreement dated July 22, 2026. He brings more than two decades of executive financial experience across space, satellite, and technology companies, including prior public-company CFO roles and co-founding a space-based aviation-surveillance data platform.
Under the agreement, he receives a $450,000 annual base salary, an annual discretionary bonus opportunity of 50% of base salary, and a restricted stock unit for 50,000 Class A shares that vests upon specified conditions. If the agreement is not renewed, is terminated without cause, or he resigns for Good Reason, he is entitled to six months of base-salary severance, increasing to twelve months if his employment ends after July 27, 2027. Khalili will lead all financial operations, including planning, accounting, treasury, investor relations support, internal controls, compliance, and capital allocation, succeeding interim CFO John Burke as the company emphasizes its next phase of growth in space and defense technologies.
Sidus Space, Inc. described a strategic transition from primarily technology development to emphasizing commercialization, recurring revenue and operating leverage. Management highlighted a stronger balance sheet following staged capital raises and a focus on disciplined capital deployment rather than raising large sums upfront.
The company is concentrating on commercializing its Fortis VPX digital mission computing platform and broader AI-enabled edge computing portfolio, with initial commercial availability of Fortis VPX anticipated in early 2027, subject to integration and customer qualification. Sidus is advancing its LizzieSat satellite platform, pursuing government and defense opportunities including participation in programs such as the Missile Defense Agency’s SHIELD, and positioning for future lunar and cislunar infrastructure opportunities.
Leadership emphasized alignment with shareholders through equity ownership and an expanded equity incentive plan, as well as increased investor-relations efforts following inclusion in the Russell Indexes. The overall message is a shift toward customer adoption, production programs, recurring revenue growth and long-term shareholder value.
Sidus Space, Inc. reported the results of its Annual Meeting of Stockholders held on June 18, 2026. A quorum of 37,952,735 shares of common stock was represented. All six director nominees, including CEO Carol Craig, were elected to serve until the 2027 annual meeting.
Stockholders ratified the appointment of Fruci & Associates, PLLC as the independent registered public accounting firm for the fiscal year ending December 31, 2026. They also approved an amendment to the 2021 Omnibus Equity Incentive Plan to increase the share reserve to 4,800,000 shares from 800,000.
A separate amendment to add an evergreen provision to the 2021 Omnibus Equity Incentive Plan, which would have automatically increased the share reserve by up to 5% of outstanding common stock annually beginning January 1, 2027, was not approved by stockholders.
Sidus Space, Inc. entered into a placement agency agreement with ThinkEquity for a best-efforts registered direct offering of 16,485,038 shares of Class A common stock at $5.08 per share and pre-funded warrants to purchase up to 3,200,001 shares at an exercise price of $0.001 per share, sold at $5.0799 per warrant. Gross proceeds are expected to be about $100 million before fees and expenses, with net proceeds intended for working capital and general corporate purposes. Sidus will pay ThinkEquity a 6.5% cash fee on the aggregate purchase price and issue placement agent warrants to buy up to 984,252 shares at $6.35 per share, exercisable immediately for five years. The offering is being made under Sidus Space’s effective Form S-3 shelf registration statement and is expected to close on May 29, 2026, subject to customary conditions.
Sidus Space, Inc. reported first quarter 2026 results showing higher revenue, improved margins and a smaller loss while advancing its satellite programs. Revenue reached $359,372 for the quarter ended March 31, 2026, up 51% from Q1 2025, driven by new contracts including Lonestar Data Holdings and Teledyne Marine.
Cost of revenue declined to $1.4 million, improving the gross loss to $1.05 million from $1.63 million a year earlier. Net loss narrowed to $5.21 million, a 19% improvement from Q1 2025, and adjusted EBITDA loss was $4.63 million versus $4.67 million.
Cash was $27.3 million as of March 31, 2026 with no outstanding term debt, and a subsequent best-efforts registered direct offering generated $58.5 million in gross proceeds, further strengthening liquidity. Operationally, the company delivered initial imagery from LizzieSat-3, advanced multiple customer payloads, finalized next-generation spacecraft computing platforms, and announced a planned CFO transition effective June 1, 2026.
Sidus Space, Inc. entered into a placement agency agreement and priced a registered direct offering of 13,453,700 shares of Class A common stock (or pre-funded warrants) at $4.35 per share, for expected gross proceeds of about $58.5 million.
The structure includes 11,228,700 common shares and pre-funded warrants to purchase up to 2,225,000 shares at an exercise price of $0.001 per share, sold off an effective Form S-3 shelf. Sidus plans to use net proceeds for working capital and general corporate purposes.
ThinkEquity acts as sole placement agent, earning a 6.5% cash fee and expense reimbursement up to $125,000, plus placement agent warrants to buy up to 672,685 shares at $5.4375 per share, exercisable immediately for five years.
Sidus Space reported weaker 2025 financial results while significantly strengthening its balance sheet. Full-year revenue was about $3.4 million, down 28% from 2024 as the company shifted toward higher-margin satellite manufacturing, data, and technology lines built around its LizzieSat fleet.
Cost of revenue rose to roughly $9.1 million, driving a gross loss of about $5.7 million and a sharply negative gross margin of 168%. Operating expenses reached approximately $22.3 million, including a $4.5 million non-cash impairment tied to LizzieSat-1, contributing to a wider net loss of about $29.5 million versus $17.5 million in 2024. Adjusted EBITDA loss increased to roughly $17.3 million.
Despite larger losses, Sidus ended 2025 with about $43.2 million in cash, up from $15.7 million, and working capital of roughly $35.7 million, supported by equity capital raises. Management highlighted milestones such as the launch of LizzieSat-3, on-orbit AI demonstrations, expanded government and defense contracts, and an enlarged patent portfolio as foundations for future, higher-margin satellite and data revenues.
Sidus Space, Inc. entered into an at-the-market sales agreement with ThinkEquity LLC, allowing the company to sell shares of its Class A common stock from time to time through the sales agent, up to a maximum amount set forth in the agreement.
Sales may be made on The Nasdaq Capital Market or other markets, in negotiated transactions at market-related prices and by other methods permitted by law. Sidus Space is not obligated to sell any shares and can instruct the agent not to sell below a designated price and may terminate the agreement on ten days’ notice.
The company will pay ThinkEquity a fixed commission of 3.0% of aggregate gross proceeds from share sales and will reimburse certain expenses. The shares are being offered under an effective shelf registration statement on Form S-3 and a related prospectus supplement.
Sidus Space, Inc. entered into a placement agency agreement to sell 9,800,000 shares of Class A common stock at $1.00 per share in a best efforts offering, for expected gross proceeds of about $9.8 million.
The shares are being sold off an existing Form S-3 shelf, with closing expected on September 16, 2025 subject to customary conditions. Sidus plans to use the net proceeds for working capital and general corporate purposes. The company will pay ThinkEquity a 7.0% cash fee on the aggregate purchase price and reimburse up to $125,000 of expenses, and will issue Placement Agent Warrants to buy up to 490,000 shares at an exercise price of $1.25 per share for five years. Sidus also highlighted press releases announcing the launch and pricing of the offering and the appointment of Lawrence Hollister as Chief Business Officer.
Sidus Space, Inc. filed a current report to inform investors that it issued a press release on August 14, 2025 providing a business update and financial results for the second quarter ended June 30, 2025. The press release is furnished as Exhibit 99.1 to the report.
The company notes that the information in Item 2.02 and Exhibit 99.1 is being furnished rather than filed, meaning it is not subject to liability under Section 18 of the Securities Exchange Act of 1934 and will not be incorporated into Securities Act registration statements unless specifically referenced.