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Risk Profile Improvements

  • Material Weakness (improved) — Previously disclosed material weakness in internal control over financial reporting has been remediated through enhanced controls and testing completed in Q4 2025.
NASDAQ: MNTS Momentus Inc. 10-K

Momentus explores GEO/Lunar expansion; going-concern doubt lifted after $34.6M raise

Filed March 31, 2026 · Period ending December 31, 2025 · Compared to 10-K Apr 1, 2025 · ~1 min read

Key Changes

  • high

    Going-concern doubt removed after raising $34.6M through equity offerings, warrant inducements, and convertible notes; cash improved from $1.6M to $12.8M year-end despite $23.3M operating burn.

    MD&A: Liquidity verify on EDGAR →
  • high

    Vigoride enhancements announced for GEO, Lunar, and Deep Space operations; U.S. Air Force awarded SBIR contract for RPO demonstration mission scheduled early 2026.

    Business: Service Expansion verify on EDGAR →
  • high

    Revenue declined 47% to $1.1M from $2.1M; operating loss improved 8% to $27.3M; workforce increased 46% from 24 to 35 employees.

    MD&A: Operations verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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