## Filing Overview **Filing Date:** 03-31-2024 **Type of Filing**: [[Filing Definitions#10-Q|10-Q]] **Reporting Period:** Quarter ended March 31, 2024 --- ## Notes - **Revenue Growth**: - Total revenue increased to **$92.8M** compared to **$54.9M** for the same period in 2023, driven by growth in both Launch Services and Space Systems. - Space Systems contributed **$60.0M**, while Launch Services added **$32.7M**. - **Net Loss**: - Reported a **net loss of $44.3M**, slightly improved from a **$45.6M loss** in Q1 2023. - Operating loss totaled **$43.1M**, reflecting higher R&D costs (**$38.5M**) and administrative expenses (**$28.7M**). - **Liquidity**: - Cash and equivalents rose significantly to **$365.9M**, bolstered by the issuance of **$355M convertible senior notes**. - **Backlog**: - The company's backlog reached **$1.02B**, with approximately **42%** expected to be recognized within 12 months. --- ## Filing ![[c9e1319b-1bd0-48db-832f-528af6ed90e1 (1).pdf]]