Genasys Inc.
For the period ended Mar 31, 2025. Filed May 13, 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 13, 2025
GNSS$1.41+0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months EndedMarch 31, | Six Months EndedMarch 31, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues: | ||||
| Product sales | $3,070 | $3,209 | $7,214 | $5,375 |
| Contract and other | 3,862 | 2,530 | 6,658 | 4,725 |
| Total revenues | 6,932 | 5,739 | 13,872 | 10,100 |
| Cost of revenues | 4,322 | 3,562 | 8,084 | 6,444 |
| Gross profit | 2,610 | 2,177 | 5,788 | 3,656 |
| Operating expenses | ||||
| Selling, general and administrative | 6,648 | 6,640 | 13,482 | 13,158 |
| Research and development | 2,217 | 2,531 | 4,502 | 4,722 |
| Total operating expenses | 8,865 | 9,171 | 17,984 | 17,880 |
| Loss from operations | (6,255) | (6,994) | (12,196) | (14,224) |
| Other income, net | 187 | 51 | 2,050 | 128 |
| Loss before income taxes | (6,068) | (6,943) | (10,146) | (14,096) |
| Income tax expense (benefit) | 71 | (5) | 71 | (434) |
| Net loss | $(6,139) | $(6,938) | $(10,217) | $(13,662) |
| Net loss per common share - basic and diluted | $(0.14) | $(0.16) | $(0.23) | $(0.31) |
| Weighted average common shares outstanding: | ||||
| Basic and diluted | 45,002,197 | 44,247,858 | 44,956,697 | 44,026,750 |
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