Momentus Results Presentation Deck
CY 2023 Cash Flow
Statement
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MOMENTUS INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(in thousands)
Cash flows from operating activities:
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
Amortization of debt discount and issuance costs
Amortization of right-of-use asset
Change in fair value of warrant liability
Loss on disposal of property, machinery, equipment and intangible assets
Stock-based compensation expense
Issuance of common stock to non-employees
Changes in operating assets and liabilities:
Prepaids and other current assets
Other non-current assets
Accounts payable
Accrued expenses
Accrued interest
Other current liabilities
Contract liabilities
Lease liability
Other non-current liabilities
Net cash used in operating activities
Cash flows from investing activities:
Purchases of property, machinery and equipment
Purchases of intangible assets
Net cash used in investing activities
Cash flows from financing activities:
Proceeds from exercise of stock options
Repurchase of Section 16 Officer shares for tax coverage exchange
Principal payments on loan payable
Payment of deferred offering costs
Payment for repurchase of common shares
Proceeds from issuance of common stock and related warrants
Payments for issuance costs related to common stock and related warrants
Net cash used in financing activities
Decrease in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash, beginning of period
Cash, cash equivalents and restricted cash, end of period
Supplemental disclosure of non-cash investing and financing activities
Purchases of intangibles assets in accounts payable and accrued expenses at period end
Deferred offering costs in accounts payable and accrued expenses at period end
Stock repurchase liability fair value
Supplemental disclosure of cash flow information
Cash paid for income taxes
Cash paid for interest
Three Months Ended March
2023
2022
$
$
$
S
$
S
(20,825) $
229
492
267
112
1,720
57
704
41
(211)
(1,538)
39
12
481
(282)
6
(18,696)
(43)
(9)
(52)
92
(60)
(3,102)
(23)
(10,000)
10,000
(700)
(3,793)
(22,541)
62,413
39,872 S
7 $
64 $
69 69
$
389 $
(26,834)
294
742
322
451
70
2,212
1,447
(2,685)
1,387
(273)
13
14
100
(328)
6
(23,062)
(290)
(231)
(521)
48
(59)
(927)
(938)
(24,521)
160,547
136,026
6,000
750
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