Sintx Technologies Inc
For the period ended Jun 30, 2024. Filed Aug 13, 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 13, 2024
SINT$1.55+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (unaudited)
(in thousands, except share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Product revenue | $378 | $235 | $687 | $475 |
| Grant and contract revenue | 481 | 273 | 859 | 572 |
| Total revenue | 859 | 508 | 1,546 | 1,047 |
| Costs of revenue | 224 | 104 | 447 | 222 |
| Gross profit | 635 | 404 | 1,099 | 825 |
| Operating expenses: | ||||
| Research and development | 1,677 | 2,148 | 3,696 | 4,364 |
| General and administrative | 1,072 | 1,168 | 2,195 | 2,323 |
| Sales and marketing | 256 | 308 | 502 | 618 |
| Grant and contract expenses | 340 | 244 | 613 | 540 |
| Total operating expenses | 3,345 | 3,868 | 7,006 | 7,845 |
| Loss from operations | (2,710) | (3,464) | (5,907) | (7,020) |
| Other income (expenses): | ||||
| Interest expense | (4) | - | (6) | (2) |
| Interest income | 23 | 47 | 42 | 84 |
| Gain on disposal of equipment | 12 | - | 12 | - |
| Change in fair value of derivative liabilities | 448 | 965 | 3,286 | 4,971 |
| Offering costs of derivative liabilities | - | - | (550) | (786) |
| Other income, net | 27 | (3) | 33 | 5 |
| Total other income (expense), net | 506 | 1,009 | 2,817 | 4,272 |
| Net loss before income taxes | (2,204) | (2,455) | (3,090) | (2,748) |
| Provision for income taxes | - | - | - | - |
| Net loss | (2,204) | (2,455) | (3,090) | (2,748) |
| Deemed dividend related to convertible preferred stock | - | (26) | - | (26) |
| Net loss attributable to common stockholders | $(2,204) | $(2,481) | $(3,090) | $(2,774) |
| Net loss per share – basic and diluted | ||||
| Basic – net loss | $(3.49) | $(120.63) | $(8.61) | $(173.02) |
| Basic – deemed dividend on conversion of preferred stock | - | (1.28) | - | (1.64) |
| Basic – attributable to common stockholders | $(3.49) | $(121.91) | $(8.61) | $(174.66) |
| Diluted – net loss | $(3.61) | $(154.13) | $(13.62) | $(445.06) |
| Diluted - deemed dividend on conversion of preferred stock | - | (1.17) | - | (1.58) |
| Diluted – attributable to common stockholders | (3.61) | (155.30) | (13.62) | (446.64) |
| Weighted average common shares outstanding: | ||||
| Basic | 631,212 | 20,351 | 358,763 | 15,883 |
| Diluted | 697,868 | 22,183 | 467,756 | 16,413 |
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