Aterian Inc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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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, 2024 · Filed Aug 9, 2024
ATER$0.88+3.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2023 | 2024 | 2023 | 2024 | |
| Net revenue | $35,264 | $27,984 | $70,143 | $48,199 |
| Cost of goods sold | 20,368 | 11,093 | 36,151 | 18,139 |
| Gross profit | 14,896 | 16,891 | 33,992 | 30,060 |
| Operating expenses: | ||||
| Sales and distribution | 20,557 | 15,162 | 40,783 | 28,376 |
| Research and development | 1,709 | — | 2,956 | — |
| General and administrative | 6,281 | 4,934 | 12,240 | 10,166 |
| Impairment loss on intangibles | 22,785 | — | 39,445 | — |
| Total operating expenses | 51,332 | 20,096 | 95,424 | 38,542 |
| Operating loss | (36,436) | (3,205) | (61,432) | (8,482) |
| Interest expense, net | 346 | 228 | 717 | 552 |
| Change in fair value of warrant liability | (2,197) | (52) | (1,843) | (569) |
| Other expense, net | 176 | 43 | 229 | 50 |
| Loss before income taxes | (34,761) | (3,424) | (60,535) | (8,515) |
| Provision for income taxes | 26 | 205 | 52 | 276 |
| Net loss | $(34,787) | $(3,629) | $(60,587) | $(8,791) |
| Net loss per share, basic and diluted | $(5.37) | $(0.52) | $(9.41) | $(1.28) |
| Weighted-average number of shares outstanding, basic and diluted (*) | 6,483,931 | 6,973,218 | 6,439,658 | 6,881,648 |
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