TELOS CORP
For the period ended Mar 31, 2024. Filed May 10, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
TLS$7.17+48.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For the Three Months Ended | ||
|---|---|---|
| March 31, 2024 | March 31, 2023 | |
| (in thousands, except per share amounts) | ||
| Revenue – services | $28,851 | $31,534 |
| Revenue – products | 768 | 3,688 |
| Total revenue | 29,619 | 35,222 |
| Cost of sales – services (excluding depreciation and amortization) | 17,059 | 19,092 |
| Cost of sales – products (excluding depreciation and amortization) | 321 | 2,472 |
| Depreciation and amortization | 1,278 | 176 |
| Total cost of sales | 18,658 | 21,740 |
| Gross profit | 10,961 | 13,482 |
| Research and development expenses | 3,170 | 2,833 |
| Selling, general and administrative expenses | 16,229 | 23,619 |
| Operating loss | (8,438) | (12,970) |
| Other income | 1,252 | 2,496 |
| Interest expense | (175) | (249) |
| Loss before income taxes | (7,361) | (10,723) |
| Provision for income taxes | (17) | (23) |
| Net loss | $(7,378) | $(10,746) |
| Net loss per share: | ||
| Basic | $(0.10) | $(0.16) |
| Diluted | $(0.10) | $(0.16) |
| Weighted-average shares outstanding: | ||
| Basic | 70,628 | 68,176 |
| Diluted | 70,628 | 68,176 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.