Peraso Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 29, 2024
PRSO$0.35-2.0%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 per share data)
| Year Ended | ||
|---|---|---|
| December 31, | ||
| 2023 | 2022 | |
| Net revenue | ||
| Product | $12,853 | $14,199 |
| Royalty and other | 896 | 669 |
| Total net revenue | 13,749 | 14,868 |
| Cost of net revenue | 11,877 | 8,915 |
| Gross profit | 1,872 | 5,953 |
| Operating expenses | ||
| Research and development | 14,398 | 19,768 |
| Selling, general and administrative | 8,505 | 11,108 |
| Gain on license and asset sale | (406) | (2,557) |
| Impairment of goodwill | — | 9,946 |
| Total operating expenses | 22,497 | 38,265 |
| Loss from operations | (20,625) | (32,312) |
| Interest expense | (21) | (16) |
| Change in fair value of warrant liabilities | 3,493 | 1,595 |
| Financing cost - warrant issuance | — | (1,576) |
| Other income (expense), net | 358 | (89) |
| Net loss | $(16,795) | $(32,398) |
| Other comprehensive loss, net of tax: | ||
| Net unrealized loss on available-for-sale-securities | — | (25) |
| Comprehensive loss | $(16,795) | $(32,423) |
| Net loss per share | ||
| Basic and diluted | $(26.00) | $(64.41) |
| Shares used in computing net loss per share | ||
| Basic and diluted | 646 | 503 |
Note: Share and per share amounts for the years ended December 31, 2023 and 2022 have been adjusted to reflect the impact of a 1-for-40 reverse stock split effected in January 2024, as discussed in Note 1.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.