Cytosorbents Corp
For the period ended Dec 31, 2025. Filed Mar 30, 2026.
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FY2025 · Filed Mar 30, 2026
CTSO$5.80-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Year ended · · Year ended | ||||||
| · · December 31, · · December 31, | ||||||
| · · 2025 · · 2024 | ||||||
| Revenue, net | | $37,063 | | $35,595 | ||
| Cost of goods sold | | | 10,572 | | | 10,708 |
| Gross profit | | | 26,491 | | | 24,887 |
| Operating expenses: | | | | | | |
| Research and development, net of grant income | | | 5,085 | | | 7,607 |
| Selling, general and administrative | | | 35,645 | | | 33,732 |
| Restructuring | | | 510 | | | — |
| Total operating expenses | | | 41,240 | | | 41,339 |
| Loss from operations | | | (14,749) | | | (16,452) |
| Other income (expense): | | | | | | |
| Interest expense, net | | | (2,612) | | | (1,399) |
| Gain (loss) on foreign currency transactions | | | 9,321 | | | (4,225) |
| Loss on abandoned patents | | | (559) | | | (334) |
| Total other income (expense), net | | | 6,150 | | | (5,958) |
| | | | | | | |
| Loss before benefit from income taxes | | | (8,599) | | | (22,410) |
| | | | | | | |
| Benefit from income taxes | | 401 | | | 1,691 | |
| | | | | | ||
| Net loss | | $(8,198) | | $(20,719) | ||
| | | | | | | |
| Basic and diluted net loss per common share | | $(0.13) | | $(0.38) | ||
| | | | | | | |
| Weighted average number of shares of common stock outstanding | | | 62,231,771 | | | 54,434,609 |
| | | | | | | |
| Comprehensive loss: | | | | | | |
| Net loss | | $(8,198) | | $(20,719) | ||
| Other comprehensive income (loss): | | | | | | |
| Foreign currency translation adjustment, net of tax | | | (7,229) | | | 3,723 |
| Comprehensive loss | | $(15,427) | | $(16,996) | ||
CONSOLIDATED STATEMENTS OF CHANGES IN
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