BEYOND INC
For the period ended Sep 30, 2024. Filed Oct 25, 2024.
View on SEC.govAbout 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.
Sep 30, 2024 · Filed Oct 25, 2024
NXH$1.36-9.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of
Consolidated Statements of Operations (Unaudited)
(in thousands, except per share data)
| Three months endedSeptember 30, | Nine months endedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net revenue | $311,428 | $373,313 | $1,091,813 | $1,176,664 |
| Cost of goods sold | 245,453 | 290,410 | 871,311 | 884,508 |
| Gross profit | 65,975 | 82,903 | 220,502 | 292,156 |
| Operating expenses | ||||
| Sales and marketing | 51,859 | 57,541 | 186,055 | 153,831 |
| Technology | 27,673 | 29,240 | 84,596 | 87,492 |
| General and administrative | 17,571 | 24,109 | 56,556 | 66,265 |
| Customer service and merchant fees | 12,425 | 12,943 | 41,374 | 38,111 |
| Total operating expenses | 109,528 | 123,833 | 368,581 | 345,699 |
| Operating loss | (43,553) | (40,930) | (148,079) | (53,543) |
| Interest income, net | 1,554 | 3,201 | 6,580 | 8,819 |
| Other expense, net | (18,842) | (38,731) | (35,402) | (126,793) |
| Loss before income taxes | (60,841) | (76,460) | (176,901) | (171,517) |
| Provision (benefit) for income taxes | 189 | (13,411) | 635 | (24,668) |
| Net loss | $(61,030) | $(63,049) | $(177,536) | $(146,849) |
| Net loss per share of common stock: | ||||
| Basic | $(1.33) | $(1.39) | $(3.88) | $(3.25) |
| Diluted | $(1.33) | $(1.39) | $(3.88) | $(3.25) |
| Weighted average shares of common stock outstanding: | ||||
| Basic | 45,771 | 45,225 | 45,700 | 45,164 |
| Diluted | 45,771 | 45,225 | 45,700 | 45,164 |
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