Insight Molecular Diagnostics Inc.
For the period ended Mar 31, 2025. Filed May 12, 2025.
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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.
Mar 31, 2025 · Filed May 12, 2025
IMDX$2.47-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net revenue | $2,138 | $176 |
| Cost of revenues | 806 | 109 |
| Cost of revenues – amortization of acquired intangibles | 7 | 22 |
| Gross profit | 1,325 | 45 |
| Operating expenses: | ||
| Research and development | 2,924 | 2,312 |
| Sales and marketing | 1,206 | 846 |
| General and administrative | 3,115 | 2,673 |
| Change in fair value of contingent consideration | 879 | 3,312 |
| Impairment loss on held for sale assets | — | 169 |
| Total operating expenses | 8,124 | 9,312 |
| Loss from operations | (6,799) | (9,267) |
| Other (expenses) income: | ||
| Interest expense | (29) | (15) |
| Other income, net | 157 | 153 |
| Total other income, net | 128 | 138 |
| Loss before income taxes | (6,671) | (9,129) |
| Income taxes | — | — |
| Net loss | $(6,671) | $(9,129) |
| Net loss per share (Note 2): | ||
| Net loss attributable to common stockholders - basic and diluted | $(6,671) | $(9,335) |
| Net loss attributable to common stockholders per share - basic and diluted | $(0.26) | $(1.13) |
| Weighted average shares outstanding - basic and diluted | 25,694 | 8,264 |
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