Nuburu Inc
For the period ended Dec 31, 2023. Filed Apr 15, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 15, 2024
BURU$0.21+8.7%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
CONSOLIDATED STATEM ENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| · · Year EndedDecember 31, | |||
|---|---|---|---|
| · 2023 · 2022 | |||
| Revenue | | $2,085,532 | $1,440,428 |
| Cost of revenue | 5,695,433 | 4,859,599 | |
| Gross margin | | (3,609,901) | (3,419,171) |
| Operating expenses: | | ||
| Research and development | | 5,462,680 | 4,546,057 |
| Selling and marketing | 1,539,690 | 708,144 | |
| General and administrative | | 11,223,449 | 5,324,417 |
| Total operating expenses | | 18,225,819 | 10,578,618 |
| Loss from operations | (21,835,720) | (13,997,789) | |
| Interest income | 117,372 | 43,976 | |
| Interest expense | (754,549) | (175,288) | |
| Other income, net | | 1,766,513 | — |
| Loss before provision for income taxes | $(20,706,384) | $(14,129,101) | |
| Provision for income taxes | — | — | |
| Net loss and comprehensive loss | | $(20,706,384) | $(14,129,101) |
| Net loss per common share, basic and diluted | | $(0.63) | $(2.59) |
| Weighted-average common shares used to compute net loss per common share, basic and diluted | | 33,064,250 | 5,458,184 |
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