RxSight Inc
For the period ended Jun 30, 2024. Filed Aug 5, 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.
Jun 30, 2024 · Filed Aug 5, 2024
RXST$4.90+0.8%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
AND COMPREHENSIVE LOSS (UNAUDITED)
(In thousands, except share and per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Sales | $34,887 | $20,810 | $64,399 | $38,299 |
| Cost of sales | 10,637 | 8,795 | 19,464 | 15,919 |
| Gross profit | 24,250 | 12,015 | 44,935 | 22,380 |
| Operating expenses: | ||||
| Selling, general and administrative | 24,292 | 18,239 | 47,616 | 34,492 |
| Research and development | 8,291 | 7,401 | 16,322 | 14,608 |
| Total operating expenses | 32,583 | 25,640 | 63,938 | 49,100 |
| Loss from operations | (8,333) | (13,625) | (19,003) | (26,720) |
| Other income (expense), net: | ||||
| Interest expense | (6) | (1,568) | (11) | (3,075) |
| Interest and other income | 2,276 | 1,777 | 3,860 | 3,168 |
| Loss on extinguishment of term loan | — | (362) | — | (362) |
| Loss before income taxes | (6,063) | (13,778) | (15,154) | (26,989) |
| Income tax expense | 16 | 26 | 25 | 27 |
| Net loss | $(6,079) | $(13,804) | $(15,179) | $(27,016) |
| Other comprehensive (loss) income | ||||
| Unrealized (loss) gain on short-term investments | (64) | (65) | (109) | 19 |
| Foreign currency translation (loss) gain | (1) | 1 | (4) | 3 |
| Total other comprehensive (loss) income | (65) | (64) | (113) | 22 |
| Comprehensive loss | $(6,144) | $(13,868) | $(15,292) | $(26,994) |
| Net loss per share: | ||||
| Basic & diluted | $(0.16) | $(0.40) | $(0.40) | $(0.82) |
| Weighted-average shares used in computing net loss per share: | ||||
| Attributable to common stock, basic & diluted | 38,455,955 | 34,498,265 | 37,649,521 | 33,075,585 |
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