NT 10-K 1 ef20046702_nt10k.htm NT 10-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SEC FILE NUMBER
001-39128
FORM 12b-25
CUSIP NUMBER
60879E309
NOTIFICATION OF LATE FILING

(Check one):
☒  Form 10-K    ☐ Form 20-F    ☐ Form 11-K    ☐ Form 10-Q

☐ Form 10-D    ☐ Form N-SAR    ☐ Form N-CSR

For Period Ended: December 31, 2024

 
Transition Report on Form 10-K
 
Transition Report on Form 20-F
 
Transition Report on Form 11-K
 
Transition Report on Form 10-Q
 
Transition Report on Form N-SAR

For the Transition Period Ended: __________________________


Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:



PART I – REGISTRANT INFORMATION
 
MOMENTUS INC.
Full Name of Registrant

Former Name if Applicable

3901 N. First Street
Address of Principal Executive Office (Street and Number)

San Jose, California 95134
City, State and Zip Code



PART II – RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b‑25(b), the following should be completed. (Check box if appropriate)

 
(a)
The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
(b)
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
 
(c)
The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III – NARRATIVE
 
Momentus Inc. (the “Company”) is unable to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the “Form 10-K”) within the prescribed time period without unreasonable effort and expense because the Company and its auditor require additional time to prepare and review its financial statements to ensure adequate disclosure of the financial information required to be included in the Form 10-K.


 
PART IV – OTHER INFORMATION

  (1)
Name and telephone number of person to contact in regard to this notification:

 
Lon Ensler
 
650
 
564-7820
 
(Name)
 
(Area Code)
 
(Telephone Number)


(2)
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
☒Yes  ☐ No


(3)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
☒ Yes  ☐ No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

Service revenue for the year ended December 31, 2024, decreased to approximately $2,114 thousand from $3,089 thousand for the year ended December 31, 2023. The Company’s net loss for the year ended December 31, 2024, increased to approximately $(34,946) thousand from $(68,920) thousand, for the year ended December 31, 2023.


MOMENTUS INC.
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date:  April 1, 2025
Momentus Inc.
   
 
By:
/s/ Lon Ensler
 
   
Lon Ensler
   
Interim Chief Financial Officer