PureCycle Technologies Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
PCT$2.06+23.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Loss
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (in thousands except per share data) | |||
| Costs and expenses | |||
| Operating costs | $82,275 | $52,392 | $23,724 |
| Research and development | 6,436 | 6,607 | 4,350 |
| Selling, general and administrative | 56,671 | 54,902 | 53,244 |
| Total operating costs and expenses | 145,382 | 113,901 | 81,318 |
| Interest expense | 56,850 | 31,368 | 2,312 |
| Interest income | (5,194) | (10,863) | (4,953) |
| Change in fair value of warrants | 71,610 | (33,824) | 5,842 |
| Loss on debt extinguishment | 21,214 | — | — |
| Other (income) expense | (647) | 483 | 227 |
| Total other (income) expense | 143,833 | (12,836) | 3,428 |
| Loss before income taxes | (289,215) | (101,065) | (84,746) |
| Provision (benefit) for income taxes | (79) | 650 | — |
| Net Loss | $(289,136) | $(101,715) | $(84,746) |
| Loss per share | |||
| Basic | $(1.75) | $(0.62) | $(0.54) |
| Diluted | $(1.75) | $(0.63) | $(0.55) |
| Weighted average common shares | |||
| Basic | 165,377 | 163,865 | 155,957 |
| Diluted | 165,377 | 164,013 | 156,152 |
| Other comprehensive income | |||
| Unrealized gain (loss) on debt securities available for sale | $18 | $623 | $(404) |
| Cumulative translation adjustment | 92 | (14) | — |
| Total comprehensive loss | $(289,026) | $(101,106) | $(85,150) |
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