Satellogic Inc.

10/15/2025 | Press release | Distributed by Public on 10/15/2025 15:05

Business/Financial Results (Form 8-K)

Item 2.02. Results of Operations and Financial Information.
On October 15, 2025, Satellogic Inc. (the "Company") disclosed the following unaudited preliminary financial results as of and for the three and nine months ended September 30, 2025.
Revenue of approximately $3.4 million to $3.8 million and $11.2 million to $11.6 million for the three and nine months ended September 30, 2025, respectively.
Cash on hand of approximately $28.3 million as of September 30, 2025.
Proceeds from the issuance of Class A common stock pursuant to the Second Amended and Restated Sales Agreement, dated April 9, 2025, by and among the Company, Cantor Fitzgerald & Co. and Northland Securities, Inc., net of transaction costs, of approximately $5.4 million and $7.4 million for the three and nine months ended September 30, 2025, respectively.
The Company's consolidated financial statements for the three and nine months ended September 30, 2025 are not yet available. Accordingly, the financial and operational results presented above are preliminary estimates and subject to the completion of the Company's financial closing procedures and any adjustments that may result from the completion of the quarterly and annual review and finalization of the consolidated financial statements. As a result, these preliminary estimated results may differ from actual results that will be reflected in the consolidated financial statements for the fiscal quarter and fiscal year when they are completed and publicly disclosed. These preliminary estimated results may change and those changes may be material.
The Company's expectations with respect to the unaudited preliminary results for the period discussed above are based upon management estimates and are the responsibility of management. The Company's independent registered public accounting firm has not audited, reviewed or performed any procedures with respect to these preliminary results (including any financial data) and, accordingly, does not express an opinion or any other form of assurance with respect to these preliminary results.
The information contained in this Item 2.02 is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended, except to the extent such other filing specifically incorporates such information by reference.
Satellogic Inc. published this content on October 15, 2025, and is solely responsible for the information contained herein. Distributed via EDGAR on October 15, 2025 at 21:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]