CERUS CORP
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
CERS$2.07+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Product revenue | $180,270 | $156,367 | $162,048 |
| Cost of product revenue | 80,748 | 69,967 | 74,954 |
| Gross profit on product revenue | 99,522 | 86,400 | 87,094 |
| Government contract revenue | 21,051 | 30,430 | 26,267 |
| Operating expenses: | |||
| Research and development | 58,907 | 67,639 | 64,107 |
| Selling, general and administrative | 75,891 | 75,516 | 83,335 |
| Restructuring | — | 3,728 | — |
| Total operating expenses | 134,798 | 146,883 | 147,442 |
| Loss from operations | (14,225) | (30,053) | (34,081) |
| Non-operating expense, net: | |||
| Foreign exchange gain (loss) | 370 | (648) | (690) |
| Interest expense | (8,877) | (8,386) | (5,831) |
| Other income (expense), net | 1,976 | 1,765 | (1,735) |
| Total non-operating expense, net | (6,531) | (7,269) | (8,256) |
| Loss before income taxes | (20,756) | (37,322) | (42,337) |
| Provision for income taxes | 205 | 325 | 488 |
| Net loss | (20,961) | (37,647) | (42,825) |
| Net loss attributable to noncontrolling interest | (43) | (158) | (46) |
| Net loss attributable to Cerus Corporation | $(20,918) | $(37,489) | $(42,779) |
| Net loss per share attributable to Cerus Corporation | |||
| Basic and diluted | $(0.11) | $(0.21) | $(0.24) |
| Weighted average shares outstanding: | |||
| Basic and diluted | 184,563 | 180,270 | 176,545 |
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