## Filing Overview **Filing Date**: 2021-11-09 **Type of Filing**: [[Filing Definitions#10-Q|10-Q]] **Reporting Period**: Quarter ended September 30, 2021 --- ## Notes - Rocket Lab USA, Inc. reported a net loss of **$87.97 million** for the quarter and **$120.52 million** for the nine months ended September 30, 2021. - Revenue for the quarter was **$5.29 million**, compared to **$10.67 million** for the same period in 2020. The decrease is primarily due to changes in customer demand and timing. - Operating expenses increased significantly to **$39.84 million** from **$10.96 million** in the same quarter of 2020, driven by higher research and development, selling, and administrative costs. - As of September 30, 2021, Rocket Lab reported **$792.66 million** in cash and cash equivalents, largely due to proceeds from the Business Combination and PIPE financing. ### Key Financial Metrics: - **Gross Loss**: $(12.45) million for Q3 2021. - **Net Loss Per Share**: $(0.39) basic and diluted for Q3 2021. ### Business Updates: - Completion of the Business Combination on August 25, 2021, generating net proceeds of **$730.45 million**. - Remaining performance obligations totaled **$183.07 million**, with 52% expected to be recognized within 12 months. --- ## Filing ![[78924f13-8962-425a-9e2b-5c015d24100f.pdf]]