Insight Molecular Diagnostics Inc.
For the period ended Dec 31, 2024. Filed Mar 24, 2025.
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FY2024 · Filed Mar 24, 2025
IMDX$2.50+0.4%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 data)
| Years EndedDecember 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net revenue | $1,881 | $1,503 |
| Cost of revenues | 1,053 | 1,002 |
| Cost of revenues – amortization of acquired intangibles | 88 | 88 |
| Gross profit | 740 | 413 |
| Operating expenses: | ||
| Research and development | 9,839 | 9,294 |
| Sales and marketing | 3,944 | 2,795 |
| General and administrative | 10,204 | 11,182 |
| Change in fair value of contingent consideration | (4,275) | (5,762) |
| Impairment losses | 41,900 | 6,757 |
| Impairment loss on held for sale assets | 169 | 1,283 |
| Total operating expenses | 61,781 | 25,549 |
| Loss from operations | (61,041) | (25,136) |
| Other (expenses) income: | ||
| Interest expense | (84) | (52) |
| Loss on marketable equity securities | — | (61) |
| Other income, net | 462 | 394 |
| Total other income, net | 378 | 281 |
| Loss from continuing operations | (60,663) | (24,855) |
| Loss from discontinued operations (Note 13) | — | (2,926) |
| Net loss | $(60,663) | $(27,781) |
| Net loss per share (Note 2): | ||
| Net loss from continuing operations - basic and diluted | $(60,926) | $(25,797) |
| Net loss from discontinued operations - basic and diluted | $— | $(2,926) |
| Net loss attributable to common stockholders - basic and diluted | $(60,926) | $(28,723) |
| Net loss from continuing operations per share - basic and diluted | $(4.66) | $(3.37) |
| Net loss from discontinued operations per share - basic and diluted | $— | $(0.38) |
| Net loss attributable to common stockholders per share - basic and diluted | $(4.66) | $(3.75) |
| Weighted average shares outstanding - basic and diluted | 13,071 | 7,651 |
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