2023 Q4 Form 10-K Financial Statement

#000184445224000036 Filed on March 25, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022
Revenue $30.56M $79.52M $0.00
YoY Change
Cost Of Revenue $29.10M $100.5M $75.51M
YoY Change 33.06% -24.72%
Gross Profit $1.464M -$20.95M $10.43M
YoY Change -300.87% -137.57%
Gross Profit Margin 4.79% -26.35%
Selling, General & Admin $5.940M $32.95M $14.87M
YoY Change 121.56% 60.06%
% of Gross Profit 405.74% 142.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $432.0K $1.376M $1.070M
YoY Change -47.32% 28.6% 27.38%
% of Gross Profit 29.51% 10.26%
Operating Expenses $6.372M $34.32M $5.024M
YoY Change 205.27% 583.13% 922.55%
Operating Profit -$4.908M -$55.27M -$5.024M
YoY Change 1000.14% -82.22%
Interest Expense -$42.00K -$823.0K $4.834M
YoY Change -101.48% -117.03% 83241.21%
% of Operating Profit
Other Income/Expense, Net $10.26M $72.12M $0.00
YoY Change -100.0%
Pretax Income $4.344M $15.06M -$190.4K
YoY Change 471.86% -8010.3% -39.65%
Income Tax -$252.0K $40.00K -$20.00K
% Of Pretax Income -5.8% 0.27%
Net Earnings $8.306M $60.46M -$190.4K
YoY Change 993.44% -31853.39% -39.65%
Net Earnings / Revenue 27.18% 76.03%
Basic Earnings Per Share $3.43
Diluted Earnings Per Share $0.30 $2.37 $0.00
COMMON SHARES
Basic Shares Outstanding 17.65M shares
Diluted Shares Outstanding 25.56M shares

Balance Sheet

Concept 2023 Q4 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.498M $4.498M $14.93K
YoY Change 30027.26% 30027.26% -95.85%
Cash & Equivalents $4.498M $4.498M $25.76M
Short-Term Investments
Other Short-Term Assets $3.743M $3.743M $335.9K
YoY Change 1014.35% 1014.35% -29.37%
Inventory
Prepaid Expenses
Receivables $23.37M $23.37M $8.280M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $31.61M $31.61M $350.8K
YoY Change 8910.6% 8910.6% -57.99%
LONG-TERM ASSETS
Property, Plant & Equipment $54.30M $54.30M $26.01M
YoY Change 156.41% 108.75% 238.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $334.6M
YoY Change 1.47%
Other Assets $0.00 $0.00 $0.00
YoY Change -100.0%
Total Long-Term Assets $54.30M $54.30M $334.6M
YoY Change -83.77% -83.77% 1.37%
TOTAL ASSETS
Total Short-Term Assets $31.61M $31.61M $350.8K
Total Long-Term Assets $54.30M $54.30M $334.6M
Total Assets $85.91M $85.91M $334.9M
YoY Change -74.35% -74.35% 1.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.26M $20.26M $6.520M
YoY Change 210.8% 126.39%
Accrued Expenses $4.833M $4.833M $3.696M
YoY Change 30.77% 30.77% 1592.08%
Deferred Revenue $45.51M
YoY Change -19.67%
Short-Term Debt $0.00 $0.00 $112.5K
YoY Change -100.0% -100.0% 10817.48%
Long-Term Debt Due $8.025M $8.025M $16.10M
YoY Change -50.15% -50.16% 32.95%
Total Short-Term Liabilities $83.38M $83.38M $4.433M
YoY Change 1780.77% 1780.77% 1920.19%
LONG-TERM LIABILITIES
Long-Term Debt $67.00K $67.00K $0.00
YoY Change -98.27%
Other Long-Term Liabilities $55.88M $55.88M $0.00
YoY Change -100.0%
Total Long-Term Liabilities $55.95M $55.95M $0.00
YoY Change 1348.28% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.38M $83.38M $4.433M
Total Long-Term Liabilities $55.95M $55.95M $0.00
Total Liabilities $321.0M $321.0M $4.433M
YoY Change 7140.41% 7140.41% -62.3%
SHAREHOLDERS EQUITY
Retained Earnings -$250.5M
YoY Change 49407.13%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$235.1M -$235.1M $330.5M
YoY Change
Total Liabilities & Shareholders Equity $85.91M $85.91M $334.9M
YoY Change -74.35% -74.35% 1.22%

Cashflow Statement

Concept 2023 Q4 2023 2022
OPERATING ACTIVITIES
Net Income $8.306M $60.46M -$190.4K
YoY Change 993.44% -31853.39% -39.65%
Depreciation, Depletion And Amortization $432.0K $1.376M $1.070M
YoY Change -47.32% 28.6% 27.38%
Cash From Operating Activities -$22.35M -$45.28M -$969.7K
YoY Change 4329.25% 4569.49% -19.5%
INVESTING ACTIVITIES
Capital Expenditures $2.243M $29.91M $16.41M
YoY Change -86.01% 82.27% 416.04%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$2.243M -$29.91M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid $7.952M $0.00
YoY Change
Common Stock Issuance & Retirement, Net -$55.00K $61.78M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.57M 53.92M $625.0K
YoY Change -2413.0% 8527.84% -99.81%
NET CHANGE
Cash From Operating Activities -22.35M -45.28M -$969.7K
Cash From Investing Activities -2.243M -29.91M
Cash From Financing Activities -11.57M 53.92M $625.0K
Net Change In Cash -36.15M -21.27M -$344.7K
YoY Change 801540.8% 6069.82% -195.85%
FREE CASH FLOW
Cash From Operating Activities -$22.35M -$45.28M -$969.7K
Capital Expenditures $2.243M $29.91M $16.41M
Free Cash Flow -$24.59M -$75.19M -$17.38M
YoY Change 48.71% 332.63% 296.38%

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StockIssuedDuringPeriodValueWarrantsExercised
16124000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-369000 usd
lunr Adjustments To Additional Paid In Capital Partner Capital
AdjustmentsToAdditionalPaidInCapitalPartnerCapital
686000 usd
lunr Adjustments To Additional Paid In Capital Recapitalization Adjustment
AdjustmentsToAdditionalPaidInCapitalRecapitalizationAdjustment
1000000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-1000 usd
lunr Noncontrolling Interest Remeasurement
NoncontrollingInterestRemeasurement
309558000 usd
us-gaap Net Income Loss
NetIncomeLoss
62804000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
15022000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-6405000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1376000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1072000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-836000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
836000 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
964000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-6000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
4273000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
624000 usd
CY2023 lunr Change In Fair Value Of Safe Agreement
ChangeInFairValueOfSAFEAgreement
2353000 usd
CY2022 lunr Change In Fair Value Of Safe Agreement
ChangeInFairValueOfSAFEAgreement
91000 usd
CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-66252000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-15435000 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
CY2023 lunr Gain Loss On Issuance Of Common Stock And Warrants
GainLossOnIssuanceOfCommonStockAndWarrants
-6729000 usd
CY2022 lunr Gain Loss On Issuance Of Common Stock And Warrants
GainLossOnIssuanceOfCommonStockAndWarrants
0 usd
CY2023 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-7000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
7000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-43000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14743000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1252000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-490000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
5135000 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1435000 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
5699000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1165000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2999000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
14091000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3423000 usd
CY2023 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
3050000 usd
CY2022 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
225000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-13333000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1316000 usd
CY2023 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
17192000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
14803000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-45279000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
784000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29911000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16405000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-29911000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16405000 usd
CY2023 lunr Proceeds From Business Combination
ProceedsFromBusinessCombination
8055000 usd
CY2022 lunr Proceeds From Business Combination
ProceedsFromBusinessCombination
0 usd
CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
26000000 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
CY2023 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
9371000 usd
CY2022 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 usd
CY2023 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
7948000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
12000000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
108000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20000000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6000 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
7952000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
0 usd
CY2023 lunr Proceeds From Issuance Of Common Units
ProceedsFromIssuanceOfCommonUnits
-348000 usd
CY2022 lunr Proceeds From Issuance Of Common Units
ProceedsFromIssuanceOfCommonUnits
0 usd
CY2023 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
12730000 usd
CY2022 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 usd
CY2023 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
16124000 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
CY2023 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
686000 usd
CY2022 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 usd
CY2023 lunr Proceeds From Safe Agreements
ProceedsFromSAFEAgreements
0 usd
CY2022 lunr Proceeds From Safe Agreements
ProceedsFromSAFEAgreements
-4250000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
53924000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12096000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21266000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3525000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25826000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29351000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4560000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25826000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
62000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
62000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4498000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25764000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
1919000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1013000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
35000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
38000 usd
CY2023Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
15074000 usd
CY2022Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
0 usd
CY2023 lunr Conversion Of Simple Agreements For Future Equity Into Common Stock
ConversionOfSimpleAgreementsForFutureEquityIntoCommonStock
20667000 usd
CY2022 lunr Conversion Of Simple Agreements For Future Equity Into Common Stock
ConversionOfSimpleAgreementsForFutureEquityIntoCommonStock
0 usd
CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2343000 usd
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 usd
CY2023Q1 lunr Business Combination Consideration Transferred Equity Interests Issued And Issuable Entity Shares Issued Per Acquiree Share
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuableEntitySharesIssuedPerAcquireeShare
0.5562 shares
CY2023Q1 lunr Cash Held In Trust Available For Use
CashHeldInTrustAvailableForUse
34100000 usd
CY2023Q1 lunr Stock Purchase Agreement Value Shares Authorized
StockPurchaseAgreementValueSharesAuthorized
50000000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts have been reclassified to conform to current period presentation. These reclassifications did not result in an changes to previously reported net income. The Company reclassed a certain line item in the consolidated statements of cash flows.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Use of Estimates</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of our consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes. Due to the inherent uncertainty involved in making estimates, actual results could differ from those estimates.</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company bases its estimates and assumptions on historical experience, other factors, including the current economic environment, and various other judgments that it believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future reporting periods.</span></div>
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 operatingsegment
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 reportablesegment
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risks</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents and accounts receivable. By their nature, all such financial instruments involve risks, including the credit risk of nonperformance by counterparties. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The majority of the Company’s cash and cash equivalents are held at major financial institutions. Certain account balances exceed the Federal Deposit Insurance Corporation insurance limits of $250,000 per account. The Company generally does not require collateral to support the obligations of the counterparties and cash levels held at banks are more than federally insured limits. The Company limits its exposure to credit loss by maintaining its cash and cash equivalents with highly rated financial institutions. The Company has not experienced material losses on its deposits of cash and cash equivalents.</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company monitors the creditworthiness of its customers to whom it grants credit terms in the normal course of its business. The Company evaluates the collectability of its accounts receivable based on known collection risks and historical experience. In circumstances where the Company is aware of a specific customer’s inability to meet its financial obligations to the Company (e.g., bankruptcy filings, substantial downgrading of credit ratings), the Company records a specific allowance for expected credit losses against amounts to reduce the net recognized receivable to the amount it reasonably believes will be collected and revenue recognition is deferred until the amount is collected and the contract is completed. For all other customers, the Company records allowances for credit losses based on the specific analysis of the customer’s ability to pay on an as needed basis.</span></div>Major customers are defined as those individually comprising more than 10% of the Company’s total revenue.
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4500000 usd
CY2023Q4 lunr Working Capital Surplus Deficit
WorkingCapitalSurplusDeficit
-51800000 usd
CY2023Q1 lunr Proceeds From Acquisition Of Business
ProceedsFromAcquisitionOfBusiness
34100000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
16100000 usd
CY2023Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
20000000 usd
CY2022Q4 lunr Prepaid Expense Capitalized Business Acquisition Costs
PrepaidExpenseCapitalizedBusinessAcquisitionCosts
5300000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
24400000 usd
CY2023 lunr Sale Of Stock Transaction Costs
SaleOfStockTransactionCosts
1400000 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1000000 usd
CY2023 lunr Impairment Long Lived Asset Held For Use Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
consolidated statements of operations associated with leasehold improvements and furniture and fixtures in connection with our previous corporate headquarters
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
99700000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
14000000 usd
CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-66300000 usd
CY2023Q4 lunr Common Stock Conversion Ratio
CommonStockConversionRatio
1 shares
CY2023Q4 lunr Tax Receivable Agreement Percent Of Cash Tax Savings Required To Be Paid
TaxReceivableAgreementPercentOfCashTaxSavingsRequiredToBePaid
0.85
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P5Y
CY2023Q4 us-gaap Long Term Construction Loan Current
LongTermConstructionLoanCurrent
0 usd
CY2022Q4 us-gaap Long Term Construction Loan Current
LongTermConstructionLoanCurrent
9117000 usd
CY2023Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
2553000 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
2117000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
20000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
832000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3677000 usd
CY2023Q4 lunr Commercial Insurance Financing Liability Current
CommercialInsuranceFinancingLiabilityCurrent
493000 usd
CY2022Q4 lunr Commercial Insurance Financing Liability Current
CommercialInsuranceFinancingLiabilityCurrent
0 usd
CY2023Q4 lunr Stock Purchase Agreement Liability Current
StockPurchaseAgreementLiabilityCurrent
755000 usd
CY2022Q4 lunr Stock Purchase Agreement Liability Current
StockPurchaseAgreementLiabilityCurrent
0 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
94000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
267000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4747000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
15178000 usd
CY2023Q1 lunr Number Of Days Following Closing Date
NumberOfDaysFollowingClosingDate
P150D
CY2023Q1 lunr Number Of Years After Closing Date
NumberOfYearsAfterClosingDate
P5Y
CY2023Q1 lunr Business Combination Exchange Ratio
BusinessCombinationExchangeRatio
1 shares
CY2023Q4 lunr Tax Receivable Agreement Percent Of Cash Tax Savings Required To Be Paid
TaxReceivableAgreementPercentOfCashTaxSavingsRequiredToBePaid
0.85
CY2023Q4 lunr Tax Receivable Agreement Percent Of Cash Tax Savings Required To Be Paid
TaxReceivableAgreementPercentOfCashTaxSavingsRequiredToBePaid
0.85
CY2023Q4 lunr Tax Receivable Agreement Eligibility Minimum Percent Of Common Units Exchanged
TaxReceivableAgreementEligibilityMinimumPercentOfCommonUnitsExchanged
0.05
CY2023Q4 lunr Tax Receivable Agreement Eligibility Minimum Percent Of Common Units Exchanged
TaxReceivableAgreementEligibilityMinimumPercentOfCommonUnitsExchanged
0.05
CY2022Q3 lunr Stock Purchase Agreement Period After Commencement Date
StockPurchaseAgreementPeriodAfterCommencementDate
P18M
CY2023Q2 lunr Stock Purchase Agreement Resale Of Commitment Shares Less Than
StockPurchaseAgreementResaleOfCommitmentSharesLessThan
1000000 usd
CY2023Q2 lunr Stock Purchase Agreement Resale Of Commitment Shares Less Than
StockPurchaseAgreementResaleOfCommitmentSharesLessThan
1000000 usd
CY2023Q4 lunr Stock Purchase Agreement Liability Current
StockPurchaseAgreementLiabilityCurrent
755000 usd
CY2023Q2 lunr Stock Purchase Agreement Resale Of Commitment Shares Less Than
StockPurchaseAgreementResaleOfCommitmentSharesLessThan
1000000 usd
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
12800000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
79521000 usd
CY2023 lunr Revenue From Contract With Customer Excluding Assessed Tax Percent
RevenueFromContractWithCustomerExcludingAssessedTaxPercent
1
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
85946000 usd
CY2022 lunr Revenue From Contract With Customer Excluding Assessed Tax Percent
RevenueFromContractWithCustomerExcludingAssessedTaxPercent
1
CY2023Q4 lunr Contract With Customer Asset Unbilled Receivable
ContractWithCustomerAssetUnbilledReceivable
6146000 usd
CY2022Q4 lunr Contract With Customer Asset Unbilled Receivable
ContractWithCustomerAssetUnbilledReceivable
346000 usd
CY2023Q4 lunr Contract With Customer Asset Deferred Contract Costs
ContractWithCustomerAssetDeferredContractCosts
343000 usd
CY2022Q4 lunr Contract With Customer Asset Deferred Contract Costs
ContractWithCustomerAssetDeferredContractCosts
6633000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
6489000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
6979000 usd
CY2023 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
31200000 usd
CY2022 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
43300000 usd
CY2023Q4 lunr Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
22926000 usd
CY2022Q4 lunr Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
39831000 usd
CY2023Q4 lunr Contract With Customer Liability Contract Loss Provision Current
ContractWithCustomerLiabilityContractLossProvisionCurrent
9567000 usd
CY2022Q4 lunr Contract With Customer Liability Contract Loss Provision Current
ContractWithCustomerLiabilityContractLossProvisionCurrent
10120000 usd
CY2023Q4 lunr Contract With Customer Liability Accrued Launch Costs Current
ContractWithCustomerLiabilityAccruedLaunchCostsCurrent
13018000 usd
CY2022Q4 lunr Contract With Customer Liability Accrued Launch Costs Current
ContractWithCustomerLiabilityAccruedLaunchCostsCurrent
6705000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
45511000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
56656000 usd
CY2023Q4 lunr Contract With Customer Liability Contract Loss Provision Noncurrent
ContractWithCustomerLiabilityContractLossProvisionNoncurrent
0 usd
CY2022Q4 lunr Contract With Customer Liability Contract Loss Provision Noncurrent
ContractWithCustomerLiabilityContractLossProvisionNoncurrent
2188000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
0 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2188000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
45511000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
58844000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
38200000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
31400000 usd
CY2023 lunr Contract With Customer Liability Increase From Estimated Loss On Contract
ContractWithCustomerLiabilityIncreaseFromEstimatedLossOnContract
30300000 usd
CY2022 lunr Contract With Customer Liability Increase From Estimated Loss On Contract
ContractWithCustomerLiabilityIncreaseFromEstimatedLossOnContract
-9300000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
57200000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21226000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
24098000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2877000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2922000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18349000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21176000 usd
CY2023 us-gaap Depreciation
Depreciation
1400000 usd
CY2022 us-gaap Depreciation
Depreciation
1100000 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1000000 usd
CY2023Q4 lunr Number Of Finance Leases
NumberOfFinanceLeases
4 financelease
CY2023Q4 lunr Number Of Real Estate Leases
NumberOfRealEstateLeases
8 realestatelease
CY2023Q4 lunr Number Of Finance Leases
NumberOfFinanceLeases
4 financelease
CY2023Q4 lunr Lessee Ground Lease Number Of Optional Renewal Periods
LesseeGroundLeaseNumberOfOptionalRenewalPeriods
4 renewalperiod
CY2023Q3 lunr Operating Lease Reimbursable Costs
OperatingLeaseReimbursableCosts
5600000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
1536000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
714000 usd
CY2023 lunr Finance Lease Cost
FinanceLeaseCost
3000 usd
CY2022 lunr Finance Lease Cost
FinanceLeaseCost
0 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
333000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
117000 usd
CY2023 us-gaap Lease Cost
LeaseCost
1872000 usd
CY2022 us-gaap Lease Cost
LeaseCost
831000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1034000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
832000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 usd
CY2023 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
1344000 usd
CY2023 lunr Finance Lease Cash Flows From Investing Activities
FinanceLeaseCashFlowsFromInvestingActivities
5000 usd
CY2022 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
0 usd
CY2022 lunr Finance Lease Cash Flows From Investing Activities
FinanceLeaseCashFlowsFromInvestingActivities
0 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
32393000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
93000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3480000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P226M
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P35M
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P155M
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0M
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.078
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1822000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
33000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1836000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
33000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1831000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
28000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1364000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
5000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1451000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
4000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
56783000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
65087000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
103000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
32177000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
11000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
32910000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
92000 usd
CY2023Q4 lunr Operating Lease Liability Construction Costs To Be Paid
OperatingLeaseLiabilityConstructionCostsToBePaid
3150000 usd
CY2023Q4 lunr Finance Lease Liability Construction Costs To Be Paid
FinanceLeaseLiabilityConstructionCostsToBePaid
0 usd
CY2023Q4 lunr Operating Lease Reimbursable Costs
OperatingLeaseReimbursableCosts
677000 usd
CY2023Q4 lunr Finance Lease Reimbursable Costs
FinanceLeaseReimbursableCosts
0 usd
CY2023Q4 lunr Operating Lease Liability Net Of Construction Costs
OperatingLeaseLiabilityNetOfConstructionCosts
35383000 usd
CY2023Q4 lunr Finance Lease Liability Net Of Construction Costs
FinanceLeaseLiabilityNetOfConstructionCosts
92000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
20000000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
0 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
39000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8000000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
16098000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3863000 usd
CY2023Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.1020
CY2022Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0655
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
33000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-16000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
7000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-23000 usd
CY2023 lunr Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest Net
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestNet
15062000 usd
CY2022 lunr Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest Net
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestNet
-6428000 usd
CY2023 lunr Tax Reconciliation Not Required
TaxReconciliationNotRequired
Statutory income tax rate
CY2022 lunr Tax Reconciliation Not Required
TaxReconciliationNotRequired
Statutory income tax rate
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 lunr Effective Income Tax Rate Reconciliation Expected Income Tax Expense Benefit
EffectiveIncomeTaxRateReconciliationExpectedIncomeTaxExpenseBenefit
3163000 usd
CY2022 lunr Effective Income Tax Rate Reconciliation Expected Income Tax Expense Benefit
EffectiveIncomeTaxRateReconciliationExpectedIncomeTaxExpenseBenefit
-1349000 usd
CY2023 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-10052000 usd
CY2022 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
0 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1348000 usd
CY2023 lunr Effective Income Tax Rate Reconciliation Increase Decrease In Fair Value On Contingent Consideration
EffectiveIncomeTaxRateReconciliationIncreaseDecreaseInFairValueOnContingentConsideration
13913000 usd
CY2022 lunr Effective Income Tax Rate Reconciliation Increase Decrease In Fair Value On Contingent Consideration
EffectiveIncomeTaxRateReconciliationIncreaseDecreaseInFairValueOnContingentConsideration
0 usd
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1796000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
611000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-703000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-23000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3949000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-101000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-23000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0027
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0036
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0027
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0036
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
391000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
165000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
184000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
0 usd
CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
11000 usd
CY2023Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
148000 usd
CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
9000 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
12000 usd
CY2023Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
67599000 usd
CY2022Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
0 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1103000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
0 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
69286000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
336000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
69265000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
324000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
21000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
12000 usd
CY2023Q4 lunr Deferred Tax Liabilities Section481a Adjustment
DeferredTaxLiabilitiesSection481aAdjustment
21000 usd
CY2022Q4 lunr Deferred Tax Liabilities Section481a Adjustment
DeferredTaxLiabilitiesSection481aAdjustment
5000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
21000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
7000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
1800000 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0 usd
CY2023Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0 usd
CY2023Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2023 lunr Research And Development Costs Capitalized For Tax Purposes
ResearchAndDevelopmentCostsCapitalizedForTaxPurposes
26000000 usd
CY2023Q1 lunr Business Combination Earn Out Units Issued Or Issuable Number Of Shares
BusinessCombinationEarnOutUnitsIssuedOrIssuableNumberOfShares
10000000 shares
CY2023Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
20000000 usd
CY2023 lunr Sale Of Stock Transaction Costs
SaleOfStockTransactionCosts
1400000 usd
CY2023Q3 lunr Stakeholder Percent
StakeholderPercent
0.05
CY2023Q4 lunr Total Shares Authorized
TotalSharesAuthorized
725000000 shares
CY2023Q4 lunr Total Shares Issued
TotalSharesIssued
93214888 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1250000 shares
CY2023Q4 lunr Total Shares Outstanding
TotalSharesOutstanding
91964888 shares
CY2023Q4 lunr Common Stock Conversion Ratio
CommonStockConversionRatio
1 shares
CY2023Q4 lunr Common Stock Conversion Ratio
CommonStockConversionRatio
1 shares
CY2023Q4 lunr Common Stock Conversion Ratio
CommonStockConversionRatio
1 shares
CY2023Q1 lunr Class Of Warrant Or Right Period Before Warrants Become Exercisable
ClassOfWarrantOrRightPeriodBeforeWarrantsBecomeExercisable
P30D
CY2023Q1 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2023Q4 lunr Class Of Warrant Or Right Redemption Price
ClassOfWarrantOrRightRedemptionPrice
0.01
CY2023Q1 lunr Class Of Warrant Or Right Period For Prior Written Notice Before Redemption
ClassOfWarrantOrRightPeriodForPriorWrittenNoticeBeforeRedemption
P30D
CY2023Q1 lunr Class Of Warrant Or Right Period In Which Stock Must Reach Mandatory Closing Price
ClassOfWarrantOrRightPeriodInWhichStockMustReachMandatoryClosingPrice
P20D
CY2023Q1 lunr Class Of Warrant Or Right Maximum Period In Which Stock Can Reach Mandatory Closing Price
ClassOfWarrantOrRightMaximumPeriodInWhichStockCanReachMandatoryClosingPrice
P30D
CY2023 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
16100000 usd
CY2023Q1 lunr Class Of Warrant Or Right Period Before Warrants May Be Exercised
ClassOfWarrantOrRightPeriodBeforeWarrantsMayBeExercised
P6M
CY2023Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
20000000 usd
CY2023 lunr Gain Loss On Issuance Of Common Stock And Warrants
GainLossOnIssuanceOfCommonStockAndWarrants
-6700000 usd
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-15400000 usd
CY2021Q4 lunr Number Of Safe Agreements
NumberOfSAFEAgreements
6 safeagreement
CY2022Q4 lunr Simple Agreements For Future Equity Liability
SimpleAgreementsForFutureEquityLiability
18300000 usd
CY2023Q1 lunr Conversion Of Safe Agreements Shares Issued
ConversionOfSAFEAgreementsSharesIssued
2066667 shares
CY2023Q1 lunr Simple Agreements For Future Equity Liability
SimpleAgreementsForFutureEquityLiability
20700000 usd
CY2023 lunr Change In Fair Value Of Safe Agreement
ChangeInFairValueOfSAFEAgreement
2400000 usd
CY2023Q1 lunr Business Combination Consideration Transferred Equity Interests Issued And Issuable Entity Shares Issued Per Acquiree Share
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuableEntitySharesIssuedPerAcquireeShare
0.5562 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1865094 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.93
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y10M24D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
430552 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.80
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
495135 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
109188 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.73
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1325354 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.15
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y7M9D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1223510 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
526353 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.60
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y4M28D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
534947 usd
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
1.01
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0.98
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
2.56
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
1.80
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.07
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
945000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
521000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
25326000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
18314000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
99700000 usd
CY2023Q1 lunr Simple Agreements For Future Equity Liability
SimpleAgreementsForFutureEquityLiability
20700000 usd
lunr Net Income Loss Attributable To Noncontrolling Interest Post Business Combination
NetIncomeLossAttributableToNoncontrollingInterestPostBusinessCombination
20773000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-42031000 usd
lunr Net Income Loss Attributable To Parent Post Business Combination
NetIncomeLossAttributableToParentPostBusinessCombination
62804000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2343000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
60461000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
60461000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17648050 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1112364 shares
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
3719506 shares
CY2023 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3084393 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25564313 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.43
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.46
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

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0001844452-24-000036-index-headers.html Edgar Link pending
0001844452-24-000036-index.html Edgar Link pending
0001844452-24-000036.txt Edgar Link pending
0001844452-24-000036-xbrl.zip Edgar Link pending
ex1013non-employeedirector.htm Edgar Link pending
ex1017policyofrecoveryofer.htm Edgar Link pending
ex211listofsubsidiaries.htm Edgar Link pending
ex231consentofindependentr.htm Edgar Link pending
ex311certificationofceo.htm Edgar Link pending
ex312certificationofcfo.htm Edgar Link pending
ex321certificationofceo.htm Edgar Link pending
ex322certificationofcfo.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lunr-20231231.htm Edgar Link pending
lunr-20231231.xsd Edgar Link pending
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report.css Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
lunr-20231231_lab.xml Edgar Link unprocessable