RxSight Inc
For the period ended Sep 30, 2024. Filed Nov 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.
Sep 30, 2024 · Filed Nov 7, 2024
RXST$4.90+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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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 September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Sales | $35,314 | $22,199 | $99,713 | $60,497 |
| Cost of sales | 10,094 | 8,468 | 29,558 | 24,386 |
| Gross profit | 25,220 | 13,731 | 70,155 | 36,111 |
| Operating expenses: | ||||
| Selling, general and administrative | 25,608 | 19,142 | 73,225 | 53,634 |
| Research and development | 8,838 | 7,101 | 25,160 | 21,710 |
| Total operating expenses | 34,446 | 26,243 | 98,385 | 75,344 |
| Loss from operations | (9,226) | (12,512) | (28,230) | (39,233) |
| Other income (expense), net: | ||||
| Interest expense | (5) | (230) | (16) | (3,304) |
| Interest and other income | 2,906 | 1,746 | 6,767 | 4,913 |
| Loss on extinguishment of term loan | — | (1,407) | — | (1,769) |
| Loss before income taxes | (6,325) | (12,403) | (21,479) | (39,393) |
| Income tax expense | 13 | 12 | 38 | 38 |
| Net loss | $(6,338) | $(12,415) | $(21,517) | $(39,431) |
| Other comprehensive (loss) income | ||||
| Unrealized gain on short-term investments | 633 | 19 | 524 | 38 |
| Foreign currency translation gain (loss) | 6 | (6) | 2 | (3) |
| Total other comprehensive income | 639 | 13 | 526 | 35 |
| Comprehensive loss | $(5,699) | $(12,402) | $(20,991) | $(39,396) |
| Net loss per share: | ||||
| Basic & diluted | $(0.16) | $(0.35) | $(0.56) | $(1.16) |
| Weighted-average shares used in computing net loss per share: | ||||
| Attributable to common stock, basic & diluted | 39,788,621 | 35,662,397 | 38,367,759 | 33,947,331 |
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