908 Devices Inc.
For the period ended Mar 31, 2026. Filed May 6, 2026.
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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, 2026 · Filed May 6, 2026
MASS$9.99-13.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended March 31, · | ||||||||
| · · 2026 · · 2025 · | ||||||||
| Revenue: | | | | | | | | |
| Product revenue | | $10,737 | | $8,529 | | | ||
| Service and contract revenue | | | 2,644 | | | 3,248 | | |
| Total revenue | | 13,381 | | 11,777 | | | ||
| Cost of revenue: | | | | | | | ||
| Product cost of revenue | | | 5,160 | | | 4,725 | | |
| Service and contract cost of revenue | | | 1,339 | | | 1,511 | | |
| Total cost of revenue | | 6,499 | | 6,236 | | | ||
| Gross profit | | 6,882 | | 5,541 | | | ||
| Operating expenses: | | | | | | | ||
| Research and development | | | 3,471 | | | 3,829 | | |
| Selling, general and administrative | | | 9,914 | | | 10,239 | | |
| Change in fair value of contingent consideration | | | 6,381 | | | 2,499 | | |
| Total operating expenses | | 19,766 | | 16,567 | | | ||
| Loss from continuing operations | | (12,884) | | (11,026) | | | ||
| Other income, net: | | | | | | | ||
| Interest income | | 936 | | | 816 | | | |
| Income from transition services agreement, net | | — | | 406 | | | ||
| Other expense, net | | (7) | | (33) | | | ||
| Total other income, net | | 929 | | 1,189 | | | ||
| Net loss from continuing operations | | | (11,955) | | | (9,837) | | |
| Net income from discontinued operations, net of tax | | — | | 53,440 | | | ||
| Net income (loss) attributable to common stockholders | | $(11,955) | | $43,603 | | | ||
| Net loss from continuing operations per share attributable to common stockholders, basic and diluted | | $(0.32) | | $(0.28) | | | ||
| Net income from discontinued operations per share attributable to common stockholders, basic and diluted | | $— | | $1.51 | | | ||
| Net income (loss) per share attributable to common stockholders, basic and diluted | | $(0.32) | | $1.23 | | | ||
| Weighted average common shares outstanding | | | | | | | ||
| Basic and diluted | | | 36,818,652 | | | 35,386,483 | | |
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