Nuburu Inc
For the period ended Sep 30, 2024. Filed Nov 14, 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 14, 2024
BURU$0.20-8.4%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 (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| · · Three Months EndedSeptember 30, · · Nine Months EndedSeptember 30, | ||||||
|---|---|---|---|---|---|---|
| · 2024 · 2023 · 2024 · 2023 | ||||||
| Revenue | | $— | $186,743 | $142,827 | $1,710,794 | |
| Cost of revenue | 359,950 | 1,115,703 | 1,950,632 | 4,813,404 | ||
| Gross margin | | (359,950) | (928,960) | | (1,807,805) | (3,102,610) |
| Operating expenses: | | | ||||
| Research and development | | 206,474 | 1,348,450 | 1,656,350 | 4,300,166 | |
| Selling and marketing | 113,445 | 523,627 | 385,965 | 1,066,289 | ||
| General and administrative | | 1,941,085 | 2,335,605 | 6,941,448 | 8,409,877 | |
| Total operating expenses | | 2,261,004 | 4,207,682 | | 8,983,763 | 13,776,332 |
| Loss from operations | (2,620,954) | (5,136,642) | (10,791,568) | (16,878,942) | ||
| Interest income | 721 | 46,998 | 17,202 | 91,914 | ||
| Interest expense | (929,046) | (162,765) | (2,821,527) | (175,149) | ||
| Change in fair value of warrant liabilities | 369,674 | 167,108 | 2,156,186 | 1,002,647 | ||
| Change in fair value of derivative liability | 141,100 | — | 141,100 | — | ||
| Loss on extinguishment of debt | (1,339,017) | — | (11,685,125) | — | ||
| Other income, net | | — | — | 218,169 | — | |
| Loss before provision for income taxes | $(4,377,522) | $(5,085,301) | $(22,765,563) | $(15,959,530) | ||
| Provision for income taxes | — | — | — | — | ||
| Net loss and comprehensive loss | | $(4,377,522) | $(5,085,301) | | $(22,765,563) | $(15,959,530) |
| Net loss per common share, basic and diluted (1) | | $(1.12) | $(5.74) | | $(10.45) | $(19.98) |
| Weighted-average common shares used to compute net loss per common share, basic and diluted (1) | | 3,924,580 | 885,628 | 2,178,902 | 798,888 | |
(1)
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