LENSAR, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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FY2025 · Filed Mar 31, 2026
LNSR$5.46+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | ||
| Product | $45,928 | $41,065 |
| Lease | 6,779 | 7,532 |
| Service | 5,728 | 4,897 |
| Total revenue | 58,435 | 53,494 |
| Cost of revenue (exclusive of amortization) | ||
| Product | 20,561 | 18,254 |
| Lease | 3,515 | 2,930 |
| Service | 7,237 | 6,459 |
| Total cost of revenue | 31,313 | 27,643 |
| Operating expenses | ||
| Selling, general and administrative expenses | 45,157 | 26,488 |
| Research and development expenses | 5,622 | 5,329 |
| Amortization of intangible assets | 921 | 970 |
| Impairment of intangible assets | — | 3,729 |
| Total operating expenses | 51,700 | 36,516 |
| Operating loss | (24,578) | (10,665) |
| Other (expense) income | ||
| Change in fair value of warrant liabilities | (10,338) | (21,399) |
| Other income, net | 636 | 660 |
| Net loss | (34,280) | (31,404) |
| Other comprehensive (loss) gain | ||
| Change in unrealized gain on investments | (2) | 2 |
| Net loss and comprehensive loss | $(34,282) | $(31,402) |
| Net loss per common share: | ||
| Basic and diluted | $(2.87) | $(2.73) |
| Weighted-average number of shares used in calculation of net loss per common share: | ||
| Basic and diluted | 11,958 | 11,518 |
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