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10-Q: Q3 2024 Earnings Report

10-Q: Q3 2024 Earnings Report

10-Q:2024財年三季報
美股SEC公告 ·  2024/11/14 21:58

牛牛AI助理已提取核心訊息

Momentus Inc. reported Q3 2024 revenue of $0.1 million, down 68% from $0.3 million in Q3 2023, with a net loss of $7.8 million compared to $15.2 million loss year-over-year. The revenue decline was primarily due to lower engineering services, while reduced losses reflected significant cost-cutting measures across operations.Operating expenses decreased substantially, with research and development costs down 63% to $2.2 million and selling, general and administrative expenses reduced 42% to $5.4 million compared to Q3 2023. The improvements came from headcount reductions, lower subcontractor costs, and decreased legal and professional service expenses.The company faces significant liquidity challenges with only $0.8 million in cash as of September 30, 2024, down from $2.1 million at 2023 year-end. Management noted substantial doubt about the company's ability to continue as a going concern, though it secured new financing including a $2.3 million convertible note in July 2024 and raised additional capital through warrant offerings. The company continues to evaluate opportunities to access more capital while scaling back operations.
Momentus Inc. reported Q3 2024 revenue of $0.1 million, down 68% from $0.3 million in Q3 2023, with a net loss of $7.8 million compared to $15.2 million loss year-over-year. The revenue decline was primarily due to lower engineering services, while reduced losses reflected significant cost-cutting measures across operations.Operating expenses decreased substantially, with research and development costs down 63% to $2.2 million and selling, general and administrative expenses reduced 42% to $5.4 million compared to Q3 2023. The improvements came from headcount reductions, lower subcontractor costs, and decreased legal and professional service expenses.The company faces significant liquidity challenges with only $0.8 million in cash as of September 30, 2024, down from $2.1 million at 2023 year-end. Management noted substantial doubt about the company's ability to continue as a going concern, though it secured new financing including a $2.3 million convertible note in July 2024 and raised additional capital through warrant offerings. The company continues to evaluate opportunities to access more capital while scaling back operations.
Momentus Inc. 報告稱2024年第三季度營業收入爲10萬美元,比2023年第三季度的30萬美元下降68%,淨虧損780萬美元,同比減少1520萬美元。營業收入的下降主要是由於工程服務的減少,而虧損的減少反映出公司在運營方面採取了重要的成本削減措施。\n營業費用大幅下降,研發費用減少63%,至220萬美元,而銷售、一般和行政費用也減少了42%,至540萬美元,比2023年第三季度有所下降。這些改善來自於員工人數的減少、分包商成本的降低以及法律和專業服務費用的減少。\n截至2024年9月30日,公司面臨嚴重的流動性挑戰,現金僅爲80萬美元,低於2023年年底的210萬美元。管理層對公司的持續經營能力產生了重大疑慮,儘管在2024年7月獲得了包括230萬美元可轉換票據在內的新融資,並通過認股權證發行籌集了額外資金。公司仍在評估獲取更多資本的機會,同時縮減運營規模。
Momentus Inc. 報告稱2024年第三季度營業收入爲10萬美元,比2023年第三季度的30萬美元下降68%,淨虧損780萬美元,同比減少1520萬美元。營業收入的下降主要是由於工程服務的減少,而虧損的減少反映出公司在運營方面採取了重要的成本削減措施。\n營業費用大幅下降,研發費用減少63%,至220萬美元,而銷售、一般和行政費用也減少了42%,至540萬美元,比2023年第三季度有所下降。這些改善來自於員工人數的減少、分包商成本的降低以及法律和專業服務費用的減少。\n截至2024年9月30日,公司面臨嚴重的流動性挑戰,現金僅爲80萬美元,低於2023年年底的210萬美元。管理層對公司的持續經營能力產生了重大疑慮,儘管在2024年7月獲得了包括230萬美元可轉換票據在內的新融資,並通過認股權證發行籌集了額外資金。公司仍在評估獲取更多資本的機會,同時縮減運營規模。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生。


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