SITIME Corp

For the period ended Sep 30, 2024. Filed Nov 7, 2024.

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, 2024 · Filed Nov 7, 2024

SITM$444.45-2.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

(In thousands, except per share amounts)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Revenue	$57,698	$35,520	$134,586	$101,590
Cost of revenue	28,231	15,603	65,936	43,195
Gross profit	29,467	19,917	68,650	58,395
Operating expenses:
Research and development	26,489	23,647	77,523	74,671
Selling, general and administrative	25,359	21,447	74,462	63,456
Acquisition related costs	2,482	—	8,886	—
Total operating expenses	54,330	45,094	160,871	138,127
Loss from operations	(24,863)	(25,177)	(92,221)	(79,732)
Interest income	5,499	7,333	17,795	19,629
Other income (expense), net	168	(232)	(248)	(292)
Loss before income taxes	(19,196)	(18,076)	(74,674)	(60,395)
Income tax benefit (expense)	(119)	(49)	(114)	(142)
Net loss	$(19,315)	$(18,125)	$(74,788)	$(60,537)
Net loss attributable to common stockholders and comprehensive loss	$(19,315)	$(18,125)	$(74,788)	$(60,537)
Net loss per share attributable to common stockholders, basic	$(0.83)	$(0.81)	$(3.25)	$(2.74)
Net loss per share attributable to common stockholders, diluted	$(0.83)	$(0.81)	$(3.25)	$(2.74)
Weighted-average shares used to compute basic net loss per share	23,237	22,326	23,001	22,065
Weighted-average shares used to compute diluted net loss per share	23,237	22,326	23,001	22,065

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.