Onterris, Inc.

For the period ended Mar 31, 2025. Filed May 8, 2025.

About this filing

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.

Mar 31, 2025 · Filed May 8, 2025

ONT$23.66+0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND

COMPREHENSIVE LOSS

(In thousands, except per share data)

	Three months ended March 31,
	2025	2024
Revenues	$177,834	$155,325
Cost of revenues (exclusive of depreciation and amortization shown below)	108,406	96,557
Selling, general and administrative expense	66,232	57,074
Fair value changes in business acquisition contingencies	477	106
Depreciation and amortization	13,294	11,653
Loss from operations	(10,575)	(10,065)
Other income (expense), net	(848)	507
Interest expense, net	(5,065)	(3,306)
Total other income (expense), net	(5,913)	(2,799)
Loss before expense from income taxes	(16,488)	(12,864)
Income tax expense	2,871	493
Net loss	$(19,359)	$(13,357)
Equity adjustment from foreign currency translation	(353)	(35)
Comprehensive loss	(19,712)	(13,392)
Convertible and redeemable Series A-2 Preferred Stock dividend	(2,750)	(2,814)
Net loss attributable to common stockholders	(22,109)	(16,171)
Weighted average common shares outstanding— basic and diluted	34,502	30,381
Net loss per share attributable to common stockholders— basic and diluted	$(0.64)	$(0.53)

UNAUDITED COND ENSED CONSOLIDATED STATEMENTS OF CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK AND STOCKHOLDERS’ EQUITY

(In thousands, except share data)

Accumulated
Convertible and Redeemable · Additional · Other · Total
Series A-2 Preferred Stock · Common Stock · Paid-In · Accumulated · Comprehensive · Stockholders'
Shares · Amount · Shares · Amount · Capital · Deficit · Income (Loss) · Equity
Balance at December 31, 2023	17,500	$152,928	30,190,231	$—	$531,831		$(210,356)		$(223)		$321,252
Net loss	—	—	—	—	—		(13,357)		—		(13,357)
Stock-based compensation	—	—	—	—	11,272		—		—		11,272
Redemption of Series A-2 Preferred Stock	(5,833)	(60,000)	—	—	—		—		—		—
Dividend payment to the Series A-2 Preferred shareholders	—	—	—	—	(2,814)		—		—		(2,814)
Common stock issuances pursuant to exercises and vesting of equity awards	—	—	171,647	—	487		—		—		487
Acquisitions consideration paid in common stock	—	—	220,734	—	6,580		—		—		6,580
Acquisitions contingent consideration paid in common stock	—	—	35,250	—	1,087		—		—		1,087
Accumulated other comprehensive loss	—	—	—	—		—		(35)		(35)
Balance at March 31, 2024	11,667	$92,928	30,617,862	$—	$548,443		$(223,713)		$(258)		$324,472
Balance at December 31, 2024	11,667	$92,928	34,309,778	$—	$721,067		$(272,670)		$(2,133)		446,264
Net loss	—	—	—	—	—		(19,359)		—		(19,359)
Stock-based compensation	—	—	—	—	13,723		—		—		13,723
Dividend payment to the Series A-2 Preferred shareholders	—	—	—	—	(2,750)		—		—		(2,750)
Common stock issuances pursuant to exercises and vesting of equity awards	—	—	473,974	—	61		—		—		61
Acquisitions contingent consideration paid in common stock	—	—	323,834	—	6,558		—		—		6,558
Accumulated other comprehensive loss	—	—	—	—	—		—		(353)		(353)
Balance at March 31, 2025	11,667	$92,928	35,107,586	$—	$738,659		$(292,029)		$(2,486)		$444,144

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.