Castellum, Inc. (CTM) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Castellum, Inc. on January 14, 2025. The filing reports a material event under Item 8.01 (Other Events) regarding a new contract award to the Company's subsidiary, Specialty Systems, Inc.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting period. The only specific financial figure disclosed is the value of the new contract award.
- New Contract Value: $3.2 million
- Recipient: Specialty Systems, Inc. (Subsidiary)
Material Changes
The primary material change reported is the award of a $3.2 million contract to the Specialty Systems, Inc. subsidiary. This event was announced via a press release dated January 14, 2025, which is attached as Exhibit 99.1.
Guidance, Outlook, and Risks
The filing does not contain updated financial guidance, management commentary on future outlook, specific risk factors, or contingencies beyond the announcement of the contract award. The document serves solely to disclose the event and incorporate the press release by reference.
Investor Verification Checklist
- Review the full text of the press release (Exhibit 99.1) for contract terms, duration, and performance obligations.
- Verify the impact of the $3.2 million contract on the Company's backlog and future revenue recognition.
- Confirm the operational status of the Specialty Systems, Inc. subsidiary.
- Check subsequent filings for any updates on contract execution or financial performance.