United States Securities and Exchange Commission · EDGAR Accession 0001185185-25-001956

Form C-AR

Annual Report — Regulation Crowdfunding
Issuer CIK 1841998
Period 2025-06-30

Above: Space Development Corp

CorporationDEIncorporated 2022HUNTSVILLE, ALabovespace.com
B

Financial Condition

two fiscal years, as filed
Revenue −87% YoYBurn decreasingDebt / assets 264%0 employees
Line itemMost recent FYPrior FYΔ
Revenue106,973824,822▼ 87%
Cost of goods sold21,54130,910▼ 30%
Net income(701,134)(822,491)▲ burn
Total assets139,525271,756▼ 49%
Cash & equivalents24,038180,216▼ 87%
Accounts receivable23,0002,000
Short-term debt183,605174,258▲ 5%
Long-term debt184,11867,333▲ 173%
Taxes paid1,871530▲ 253%

Figures in USD as reported by the issuer.