← Intuitive Machines, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $360k | $15k | $4.5m | $207.6m | $582.6m | |
| Trade accounts receivable, net of allowance for credit losses of $3,295 and $0, respectively | — | $1.3m | $16.9m | $44.8m | $12.2m | |
| Prepaid and other current assets | — | $6.9m | $3.7m | $4.2m | $9.0m | |
| Total current assets | $835k | $351k | $31.6m | $293.2m | $618.8m | |
| Property and equipment, net | — | $21.2m | $18.3m | $23.4m | $68.5m | |
| Intangible assets, net | — | — | — | $0 | $13.0m | |
| Goodwill | — | — | — | $0 | $18.7m | |
| Operating lease right-of-use assets | — | $4.8m | $35.9m | $38.8m | $36.8m | |
| Finance lease right-of-use assets | — | $0 | $95k | $114k | $94k | |
| Other assets | — | — | — | $0 | $1.3m | |
| Restricted cash | — | $62k | $62k | $2.0m | $2.7m | |
| Contract assets | — | $7.0m | $6.5m | $34.6m | $12.2m | |
| Contract liabilities, current | — | $56.7m | $45.5m | $65.2m | $57.4m | |
| Operating lease liabilities, current | — | $725k | $4.8m | $2.0m | $10.5m | |
| Finance lease liabilities, current | — | $0 | $25k | $37k | $48k | |
| Other current liabilities | — | $625k | $4.7m | $11.5m | $33.0m | |
| Contract liabilities, non-current | — | $2.2m | $0 | $14.3m | $6.3m | |
| Operating lease liabilities, non-current | — | $5.1m | $30.6m | $35.3m | $26.3m | |
| Finance lease liabilities, non-current | — | $0 | $67k | $63k | $20k | |
| Earn-out liabilities | — | $0 | $14.0m | $134.2m | $0 | |
| Warrant liabilities | — | $0 | $11.3m | $68.8m | $60.4m | |
| Total shareholders’ deficit attributable to the Company | $3.3m | $9.8m | ($263.3m) | ($1.0b) | ($755.0m) | |
| Total shareholders’ deficit | — | — | ($261.4m) | ($1.0b) | ($754.4m) | |
| Total assets | $330.9m | $334.9m | $85.9m | $355.4m | $757.2m | |
| Accounts payable and accrued expenses | — | $6.5m | $20.3m | $20.1m | $23.9m | |
| Total current liabilities | $219k | $4.4m | $83.4m | $98.8m | $124.8m | |
| Long-term debt | — | $3.9m | $0 | $0 | $335.3m | |
| Other long-term liabilities | — | $0 | $4k | $62k | $240k | |
| Total liabilities | $11.8m | $4.4m | $139.3m | $351.5m | $553.5m | |
| Redeemable noncontrolling interests | — | $0 | $181.7m | $1.0b | $951.5m | |
| Series A preferred stock subject to possible redemption, $0.0001 par value, 25,000,000 shares authorized, 5,000 and 5,000 shares issued and outstanding | 315.9m | 320.7m | 28.2m | 6.0m | 6.6m | |
| Common stock | $139 | $139 | $9k | $16k | $18k | |
| Treasury stock, at cost, 2,191,080 shares | — | $0 | ($12.8m) | ($12.8m) | ($33.5m) | |
| Paid-in capital | $3.6m | $10.3m | $0 | $0 | $0 | |
| Accumulated deficit | ($316k) | ($506k) | ($250.5m) | ($996.5m) | ($721.5m) | |
| Noncontrolling interests | — | — | $0 | $1.2m | $517k | |
| Total liabilities, mezzanine equity and shareholders’ deficit | $330.9m | $334.9m | $85.9m | $355.4m | $757.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.