EBR Systems, Inc.

For the period ended Sep 30, 2025. Filed Nov 12, 2025.

About 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, 2025 · Filed Nov 12, 2025

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Contents

Condensed Consolidated Statements of Operations (Unaudited)

Condensed Consolidated Statements of Operations

Three Months Ended · Nine Months Ended
September 30, · September 30,
2025 · 2024 · 2025 · 2024
Revenue	$512,093	$	-	$681,797	$	-
Cost of goods sold	288,371		-	373,646		-
Gross profit	223,722		-	308,151		-
Operating expenses:
Research and development	6,243,934		6,298,423	17,614,174		20,171,306
Selling, general and administrative	5,860,612		2,878,562	15,488,421		8,321,998
Total operating expenses	12,104,546		9,176,985	33,102,595		28,493,304
Loss from operations	(11,880,824)		(9,176,985)	(32,794,444)		(28,493,304)
Other (expense) income:
Interest expense	(1,425,457)		(1,525,746)	(4,253,480)		(4,559,890)
Interest income	818,333		651,314	2,065,416		2,350,238
Other income	303,632		1,618	303,632		10,461
Loss on foreign currency	(4,538)		(6,118)	(31,690)		(8,113)
Total other (expense), net	(308,030)		(878,932)	(1,916,122)		(2,207,304)
Loss before income taxes	(12,188,854)		(10,055,917)	(34,710,566)		(30,700,608)
Income tax benefit (expense)	-		-	-		-
Net loss	$(12,188,854)		$(10,055,917)	$(34,710,566)		$(30,700,608)
Net loss per share attributable to common stockholders:
Basic and diluted	$(0.03)		$(0.03)	$(0.09)		$(0.10)
Weighted-average number of common shares outstanding:
Basic and diluted	449,681,006		311,192,703	406,310,641		308,914,435

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.