Satellogic Inc.
Business
Satellogic Inc. is a vertically integrated Earth observation company that designs, manufactures, launches and operates high-resolution imaging satellite constellations to provide geospatial data. It offers satellite imagery, derived geospatial data products and analytics, constellation-as-a-service (CaaS), and satellite sales and support including manufacturing, integration and testing. Its key business lines are Asset Monitoring, Constellation-as-a-Service and Space Systems. It serves government, defense and commercial customers globally through direct sales, a network of distributors and partners, third-party ground stations, cloud platforms and a self-service SaaS marketplace.
Summary from filing dated 2025-03-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Revenue | 18 | 13 | 10 | |
| Cost of sales, exclusive of depreciation shown separately below | 5 | 5 | 5 | |
| Engineering | 10 | 14 | 22 | |
| Selling, general and administrative | 26 | 33 | 35 | |
| Depreciation expense | 8 | 13 | 17 | |
| Total costs and expenses | 49 | 65 | 79 | |
| Operating loss | −31 | −52 | −69 | |
| Interest income, net | 2 | 970,000 | 2 | |
| Change in fair value of financial instruments | 26 | −60 | 6 | |
| Other income (expense), net | −541,000 | −2 | 9 | |
| Total other income (expense), net | 27 | −61 | 17 | |
| Loss before income tax | −4 | −113 | −52 | |
| Income tax expense | −673,000 | −3 | −9 | |
| Net loss available to stockholders | −5 | −116 | — | |
| Foreign currency translation gain (loss), net of tax | 1 | −538,000 | 279,000 | |
| Comprehensive loss | −4 | −117 | −61 | |
| Basic net loss per share for the period attributable to holders of Common Stock (in dollars per share) | −0.04 | −1.28 | −0.68 | |
| Basic weighted-average Common Stock outstanding (in shares) | 109 | 91 | 90 | |
| Diluted net loss per share for the period attributable to holders of Common Stock (in dollars per share) | −0.18 | −1.28 | −0.68 | |
| Diluted weighted-average Common Stock outstanding (in shares) | 134 | 91 | 90 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 94 | 22 | 23 | — | |
| Restricted cash | 7 | 0 | — | — | |
| Accounts receivable, net of allowance of $52 and $148, respectively | 9 | 1 | 901,000 | — | |
| Inventories | 2 | 0 | — | — | |
| Prepaid expenses and other current assets | 3 | 4 | 2 | — | |
| Total current assets | 115 | 28 | 27 | — | |
| Property and equipment, net | 25 | 27 | 41 | — | |
| Operating lease right-of-use assets | 7 | 877,000 | 3 | — | |
| Other non-current assets | 4 | 6 | 6 | — | |
| Total assets | 151 | 62 | 76 | — | |
| Accounts payable | 2 | 4 | 8 | — | |
| Warrant liabilities | 6 | 12 | 3 | — | |
| Earnout liabilities | 554,000 | 2 | 419,000 | — | |
| Operating lease liabilities | 1 | 363,000 | 2 | — | |
| Contract liabilities | 11 | 6 | 4 | — | |
| Accrued expenses and other liabilities | 2 | 12 | 4 | — | |
| Total current liabilities | 23 | 35 | 21 | — | |
| Secured Convertible Notes at fair value | 56 | 79 | 0 | — | |
| Operating lease liabilities | 6 | 516,000 | 2 | — | |
| Contract liabilities | 4 | 0 | 1 | — | |
| Other non-current liabilities | 2 | 516,000 | 526,000 | — | |
| Total liabilities | 91 | 115 | 25 | — | |
| Commitments and contingencies (Note 19) | — | — | — | — | |
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | 0 | 0 | 0 | — | |
| Treasury stock, at cost, $567,823 shares as of December 31, 2025 and 2024 | −9 | −9 | −9 | — | |
| Additional paid-in capital | 473 | 356 | 344 | — | |
| Accumulated other comprehensive income (loss) | 531,000 | −571,000 | −33,000 | — | |
| Accumulated deficit | −405 | −400 | −284 | — | |
| Total stockholders equity (deficit) | 61 | −53 | 52 | 106 | |
| Total liabilities and stockholders' equity | 151 | 62 | 76 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Debt issuance costs | 0 | 2 | 0 | |
| Operating lease expense | 2 | 2 | 3 | |
| Stock-based compensation | 4 | 2 | 6 | |
| Change in fair value of financial instruments, net of interest paid on Secured Convertible Notes | −29 | 59 | — | |
| Foreign exchange differences | −105,000 | −3 | −11 | |
| Loss on disposal of property and equipment | 691,000 | 4 | 0 | |
| (Release) expense for estimated credit losses on accounts receivable | −38,000 | 22,000 | — | |
| Equity in net (income) loss of affiliate | −8,000 | 0 | — | |
| Non-cash change in contract liabilities | −357,000 | −1 | 1 | |
| Other, net | 296,000 | 234,000 | 666,000 | |
| Accounts receivable | −6 | −1 | −385,000 | |
| Inventories | −723,000 | 0 | — | |
| Prepaid expenses and other current assets | 2 | −2 | 2 | |
| Accounts payable | −2 | −2 | 2 | |
| Contract liabilities | 9 | 3 | 598,000 | |
| Accrued expenses and other liabilities | −8 | 7 | −2 | |
| Operating lease liabilities | −2 | −2 | −2 | |
| Net cash used in operating activities | −27 | −36 | −50 | |
| Purchases of property and equipment | −7 | −5 | −15 | |
| Other | 0 | 6,000 | 450,000 | |
| Net cash used in investing activities | −7 | −5 | −14 | |
| Proceeds from Secured Convertible Notes | 0 | 30 | 0 | |
| Payments of debt issuance costs | 0 | −2 | 0 | |
| Payments for withholding taxes related to the net share settlement of equity awards | −1 | −660,000 | −458,000 | |
| Proceeds from exercise of Public Warrants | 0 | 1,000 | 0 | |
| Proceeds from exercise of stock options | 2 | 911,000 | 375,000 | |
| Net cash provided by financing activities | 113 | 37 | −83,000 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 78 | −3 | −64 | |
| Effect of foreign exchange rate changes | 159,000 | 3 | 11 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Satellogic Inc.'s CIK number?
Satellogic Inc.'s SEC CIK number is 0001874315 (1874315). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Satellogic Inc.'s SEC filings?
All of Satellogic Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Satellogic Inc. last report earnings?
Satellogic Inc. (SATL) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-016159). This is Satellogic Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Satellogic Inc.'s most recent earnings 8-K?
Satellogic Inc.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001437749-26-016159. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Satellogic Inc.'s latest earnings 8-K →
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