LENSAR, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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.
Jun 30, 2025 · Filed Aug 7, 2025
LNSR$4.62-15.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Operations and Comprehensive Loss (Unaudited)
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | ||||
| Product | $10,910 | $9,534 | $21,828 | $16,967 |
| Lease | 1,645 | 1,952 | 3,529 | 3,899 |
| Service | 1,380 | 1,150 | 2,737 | 2,358 |
| Total revenue | 13,935 | 12,636 | 28,094 | 23,224 |
| Cost of revenue (exclusive of amortization) | ||||
| Product | 4,315 | 3,851 | 8,781 | 6,441 |
| Lease | 859 | 663 | 1,689 | 1,266 |
| Service | 1,737 | 1,309 | 3,475 | 3,040 |
| Total cost of revenue | 6,911 | 5,823 | 13,945 | 10,747 |
| Operating expenses | ||||
| Selling, general and administrative expenses | 11,658 | 6,784 | 22,807 | 13,580 |
| Research and development expenses | 1,425 | 1,348 | 2,959 | 2,792 |
| Amortization of intangible assets | 230 | 232 | 462 | 506 |
| Impairment of intangible assets | — | 3,729 | — | 3,729 |
| Total operating expenses | 13,313 | 12,093 | 26,228 | 20,607 |
| Operating loss | (6,289) | (5,280) | (12,079) | (8,130) |
| Other income (expense) | ||||
| Change in fair value of warrant liabilities | 4,332 | (3,923) | (17,382) | (3,428) |
| Other income, net | 193 | 160 | 352 | 358 |
| Net loss | (1,764) | (9,043) | (29,109) | (11,200) |
| Other comprehensive loss | ||||
| Change in unrealized loss on investments | (6) | (5) | (9) | (10) |
| Net loss and comprehensive loss | $(1,770) | $(9,048) | $(29,118) | $(11,210) |
| Net loss per common share: | ||||
| Basic and diluted | $(0.15) | $(0.79) | $(2.46) | $(0.98) |
| Weighted-average number of common shares used in calculation of net loss per share: | ||||
| Basic and diluted | 11,937 | 11,451 | 11,856 | 11,419 |
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