Intuitive Machines, Inc.

Filing receipts

“Cost of revenue (excluding depreciation and amortization) Comparison of three months ended March 31, 2026 and 2025 Total cost of revenue increased by $100.8 million , for the three months ended March 31, 2026 compared to the same period in 2025, mostly related to our acquisition of Lanteris in January 2026 which incurred costs of $113.9 million driven by product costs from several government contracts, notably the Tracking Layer program for $32.2 million, NASA Power & Propulsion Element for $27.2 million, and a government defense contract for $6.2 million, and commercial satellite contracts related to EchoStar for $20.1 million, a proprietary commercial contract for $19.7 million, and Siriu...”

“The cost of revenue on IM-2 mission decreased by approximately $8.7 million as the mission was completed in March 2025, partially offset by the IM-4 mission increase of $4.0 million as activity ramps up.”

“Other income (expense), net Total other income (expense), net unfavorable change of $24.4 million for the three months ended March 31, 2026 compared to the same period in 2025 was primarily due to the unfavorable changes in the fair value of warrant liabilities of $52.4 million and contingent consideration liabilities of $0.5 million, interest expense mostly related to the Convertible Notes of $4.9 million partially offset by the favorable change in the fair value of earn out liabilities as the earn out units fully vested during the first quarter of 2025.”