EBR Systems, Inc.
For the period ended Dec 31, 2025. Filed Mar 18, 2026.
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FY2025 · Filed Mar 18, 2026
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Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 · 2024 | |||
| Revenue | $1,617 | $ | - |
| Cost of goods sold | 1,127 | - | |
| Gross profit | 490 | - | |
| Operating expenses: | |||
| Research and development | 23,940 | 27,065 | |
| Selling, general and administrative | 22,637 | 11,254 | |
| Total operating expenses | 46,577 | 38,319 | |
| Loss from operations | (46,087) | (38,319) | |
| Other (expense) income: | |||
| Interest expense | (5,644) | (6,030) | |
| Interest income | 2,707 | 3,181 | |
| Other income | 304 | 361 | |
| (Loss) gain on foreign currency | (36) | 10 | |
| Total other (expense), net | (2,669) | (2,478) | |
| Loss before income taxes | (48,756) | (40,797) | |
| Income tax expense | (2) | (2) | |
| Net loss | $(48,758) | $(40,799) | |
| Net loss per share attributable to common stockholders: | |||
| Basic and diluted | $(0.12) | $(0.13) | |
| Weighted-average number of common shares outstanding: | |||
| Basic and diluted | 417,327,276 | 324,995,419 | |
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