ALLURION TECHNOLOGIES INC
For the period ended Sep 30, 2024. Filed Nov 13, 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 13, 2024
ALUR$0.67-5.6%Stored close · as of Mar 6, 2026
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Condensed Consolidated Statements of Operations
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OFOPERATIONS
(dollars in thousands, except per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $5,367 | $18,200 | $26,519 | $45,232 |
| Cost of revenue | 2,256 | 4,232 | 7,549 | 10,165 |
| Gross profit | 3,111 | 13,968 | 18,970 | 35,067 |
| Operating expenses: | ||||
| Sales and marketing | 5,197 | 13,989 | 18,060 | 36,127 |
| Research and development | 3,212 | 7,191 | 13,247 | 21,623 |
| General and administrative | 7,043 | 18,942 | 20,746 | 30,657 |
| Total operating expenses: | 15,452 | 40,122 | 52,053 | 88,407 |
| Loss from operations | (12,341) | (26,154) | (33,083) | (53,340) |
| Other income (expense): | ||||
| Interest expense | — | (2,586) | (2,264) | (7,331) |
| Changes in fair value of warrants | 9,703 | 3,868 | 14,210 | 2,189 |
| Changes in fair value of debt | 1,790 | (6,008) | 10,020 | (3,751) |
| Changes in fair value of Revenue Interest Financing and PIPE Conversion Option | (11,104) | (2,040) | (9,608) | (2,040) |
| Changes in fair value of earn-out liabilities | 2,260 | 24,330 | 22,140 | 24,330 |
| Loss on extinguishment of debt | — | (3,929) | (8,713) | (3,929) |
| Termination of convertible note side letters | — | (9,466) | — | (17,598) |
| Other income, net | 757 | 389 | 1,928 | 133 |
| Total other income (expense): | 3,406 | 4,558 | 27,713 | (7,997) |
| Loss before income taxes | (8,935) | (21,596) | (5,370) | (61,337) |
| Provision for income taxes | (69) | (34) | (210) | (90) |
| Net loss | (9,004) | (21,630) | (5,580) | (61,427) |
| Cumulative undeclared preferred dividends | — | (255) | — | (1,697) |
| Net loss attributable to common shareholders | $(9,004) | $(21,885) | $(5,580) | $(63,124) |
| Net loss per share | ||||
| Basic and diluted | $(0.14) | $(0.54) | $(0.10) | $(2.00) |
| Weighted-average shares outstanding | ||||
| Basic and diluted | 64,086,265 | 40,335,457 | 53,310,214 | 31,558,538 |
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