Below are the financial statements of AST SpaceMobile, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | 4.42a | 0a | 13.83a |
| Operating expenses | — | — | — |
| Costs to fulfill Nano contracts (exclusive of items shown separately below) | 0a | 0a | -6.71a |
| Engineering services costs | -93.49a | -78.81a | -54.21a |
| General and administrative costs | -61.57a | -41.6a | -48.33a |
| Research and development costs | -28.78a | -47.49a | -45.62a |
| Depreciation and amortization | -63.34a | -54.47a | -4.71a |
| Total operating expenses | -247.18a | -222.37a | -159.59a |
| Other income (expense) | — | — | — |
| (Loss) gain on remeasurement of warrant liabilities | -268.63a | 8.99a | 19.11a |
| Interest expense | -18.68a | -4.51a | -0.22a |
| Interest income | 14.16a | 7.19a | 2.85a |
| Other income (expense), net | 1.87a | -10.29a | 21.52a |
| Loss on extinguishment of debt | -10.96a | 0a | 0a |
| Total other (expense) income, net | -282.24a | 1.37a | 43.27a |
| Loss before income tax expense | -525a | -221a | -102.5a |
| Income tax expense | -1.33a | -1.68a | -0.62a |
| Net loss before allocation to noncontrolling interest | -526.33a | -222.68a | -103.11a |
| Net loss attributable to noncontrolling interest | 226.25a | 135.12a | 71.47a |
| Net loss attributable to common stockholders | -300.08a | -87.56a | -31.64a |
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