Momentus Inc. (MNTS)

From the record

Momentus Inc.'s filings since 2019 show 26 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 14 times, the latest 2025-06-25); a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-06-10); an auditor change (8-K item 4.01, 4 times, the latest 2026-08-14); a late-report notice (Form NT 10-K or NT 10-Q, 7 times, the latest 2025-11-14) (its current reports).

From the record

Momentus Inc.'s 6 filed years say what it did: revenue went from $365 thousand in fiscal 2020 to $1 million in fiscal 2025, up 24.9% a year; it rose in 1 of 5 years; the deepest fall was 64% from fiscal 2023 to fiscal 2025; net income was positive in 1 of 6 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Momentus Inc. lost about 178 cents for every dollar of shareholders' money, and gross profitability: its products earned about 3 cents per dollar of everything the company owns. Leverage: it owed about 57 cents per dollar of assets, and net share issuance: its share count grew 638.0% over the year (the filed statements).

From the record

Momentus Inc.'s standing among 7 graded names in its industry family: revenue of $1 million in fiscal 2025 ranks in the bottom 7% by size; a net margin of -2744.9% ranks in the bottom 7%; revenue growth of 54.8% a year over the last 3 filed years ranks in the top 21% (its annual reports).

From the record

Momentus Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Rood, John C. (Chief Executive Officer, as filed), filing under that title since 2021-08-16, 5.2 years (top 50% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 5.2 years (top 30%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Momentus Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $13 million against no long-term debt tagged leaves 31.8% of its assets as net cash, top 50% of its family; cash from operations less capital spending is -2097.9% of revenue (bottom 7%); a gross margin of 99.8% (top 7%); research spending of 827.9% of revenue (top 7%) (its annual report).

From the record

Momentus Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 54.8% a year over the last three filed years against 24.9% over all 6, speeding up (top 7% of its family); the newest year grew -47.5% (bottom 7%); research spending grew -39.6% a year (bottom 7%); capital spending grew -72.6% a year (bottom 7%) (its annual reports). Momentus Inc. reported 2 product lines in fiscal 2025: Engineering Project Services at $948 thousand (85%), Forfeited Customer Deposits at $162 thousand (15%); 0 of 2 grew against the year before (its annual report).

From the record

Momentus Inc.'s newest year against its own record: revenue of $1 million in fiscal 2025 came in 80.2% below the $6 million its prior three years' pace pointed to (bottom 10% of its family); net income of $30 million against a prior three-year average of $66 million (top 30%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 10%) (its annual reports).