TREACE MEDICAL CONCEPTS INC
For the period ended Mar 31, 2024. Filed May 7, 2024.
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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 7, 2024
TMCI$4.88+2.1%Stored close · as of Nov 10, 2026
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Condensed Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $51,108 | $42,195 |
| Cost of goods sold | 10,127 | 8,039 |
| Gross profit | 40,981 | 34,156 |
| Operating expenses | ||
| Sales and marketing | 40,328 | 33,655 |
| Research and development | 5,259 | 3,412 |
| General and administrative | 14,362 | 10,865 |
| Total operating expenses | 59,949 | 47,932 |
| Loss from operations | (18,968) | (13,776) |
| Interest income | 1,535 | 1,479 |
| Interest expense | (1,317) | (1,285) |
| Other income, net | 74 | 128 |
| Other non-operating income (expense), net | 292 | 322 |
| Net loss | $(18,676) | $(13,454) |
| Other comprehensive income (loss) | ||
| Unrealized gain (loss) on marketable securities | (94) | (29) |
| Comprehensive loss | $(18,770) | $(13,483) |
| Net loss per share attributable to common stockholders, basic and diluted | $(0.30) | $(0.23) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted | 61,792,788 | 58,723,760 |
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