Momentus Inc. (MNTS) Form 10-Q — Aug 11, 2026
Momentus filed its Q2 2026 10-Q showing $107.6 million in cash, up from $12.8 million at December 31, 2025, after raising approximately $116.6 million gross during the first half through $47.0 million of ATM sales, $35.0 million of private placements, a $25.0 million registered direct offering, and $9.6 million of warrant exercises. The recapitalization came at extreme dilution cost: Class A shares outstanding grew roughly nine-fold from 2,165,559 at year-end 2025 to 20,342,968 at June 30, 2026, on top of a 1-for-17.85 reverse split executed in December 2025.
Key figures
- Revenue
- 3240000
- Total Debt
- 0
- Total Assets
- 129534000
- Cash Position
- 107598000
- Shares Outstanding
- 21963401
- Q2 2025 revenue
- 191000
- Q2 2026 revenue
- 25000
- New 2026 atm size
- 75000000
- Accumulated deficit
- 456327000
- Reverse split ratio
- 1-for-17.85 (effective December 17, 2025)
- Stockholders equity
- 114260000
- Atm gross proceeds 6m
- 47000000
- Atm capacity remaining
- 64400000
- Six month 2025 revenue
- 513000
- Share count dec 31 2025
- 2165559
- Share count jun 30 2026
- 20342968
- Six month net financing cash
- 109942000
- Vigoride7 altitude reduced km
- 20
- Met thruster firings cumulative
- 400
- Warrant exercise gross proceeds 6m
- 9600000
- Registered direct offering gross 6m
- 25000000
- Private placements gross proceeds 6m
- 35000000
Price after filing
Close on the filing date to close N calendar days later (from $4.69). Historical, not a forecast.
AI analysis
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