HARVARD BIOSCIENCE INC
For the period ended Sep 30, 2026. Filed Nov 10, 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.
Sep 30, 2026 · Filed Nov 10, 2026
HBIO$9.26+1.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
| HARVARD BIOSCIENCE, INC. | ||||
|---|---|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||
| (Unaudited, in thousands, except per share data) | ||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
| 2026 | 2025 | 2026 | 2025 | |
| Revenues | $22,196 | $20,591 | $65,678 | $62,815 |
| Cost of revenues | 9,889 | 8,570 | 28,497 | 27,077 |
| Gross profit | 12,307 | 12,021 | 37,181 | 35,738 |
| Sales and marketing expenses | 5,420 | 4,613 | 16,155 | 14,123 |
| General and administrative expenses | 4,756 | 4,176 | 14,075 | 13,623 |
| Research and development expenses | 2,258 | 2,132 | 7,037 | 6,642 |
| Amortization of acquired intangible assets | 365 | 855 | 2,005 | 3,177 |
| Goodwill impairment - Note 4 | - | - | - | 47,951 |
| Other operating expenses - Note 12 | 658 | 48 | 1,211 | 512 |
| Total operating expenses | 13,457 | 11,824 | 40,483 | 86,028 |
| Operating (loss) income | (1,150) | 197 | (3,302) | (50,290) |
| Other income (expense): | ||||
| Interest expense | (1,783) | (1,323) | (5,304) | (3,257) |
| Other income (expense), net | 238 | (8) | (292) | (635) |
| Total other expense | (1,545) | (1,331) | (5,596) | (3,892) |
| Loss before income taxes | (2,695) | (1,134) | (8,898) | (54,182) |
| Income tax (benefit) expense | (72) | 97 | 59 | (329) |
| Net loss | $(2,623) | $(1,231) | $(8,957) | $(53,853) |
| Loss per share: | ||||
| Basic and diluted loss per share * | $(0.58) | $(0.28) | $(1.99) | $(12.15) |
| Weighted-average common shares: | ||||
| Basic and diluted * | 4,561 | 4,456 | 4,500 | 4,432 |
| * | Retroactively presented to reflect 1-for-10 reverse stock split effective on March 13, 2026. |
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