Quanterix Corp
For the period ended Jun 30, 2024. Filed Aug 8, 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 8, 2024
QTRX$3.38+16.8%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(amounts in thousands, except per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues: | ||||
| Product revenue | $19,887 | $19,692 | $39,557 | $38,979 |
| Service and other revenue | 13,511 | 10,552 | 25,478 | 19,131 |
| Collaboration and license revenue | 729 | 629 | 884 | 997 |
| Grant revenue | 254 | 156 | 528 | 378 |
| Total revenues | 34,381 | 31,029 | 66,447 | 59,485 |
| Costs of goods sold and services: | ||||
| Cost of product revenue | 8,851 | 7,236 | 15,996 | 14,269 |
| Cost of service and other revenue | 5,472 | 4,655 | 10,767 | 9,152 |
| Total costs of goods sold and services | 14,323 | 11,891 | 26,763 | 23,421 |
| Gross profit | 20,058 | 19,138 | 39,684 | 36,064 |
| Operating expenses: | ||||
| Research and development | 8,104 | 5,946 | 14,779 | 10,666 |
| Selling, general and administrative | 24,135 | 21,591 | 50,128 | 42,441 |
| Other lease costs | 927 | 1,162 | 1,851 | 1,938 |
| Total operating expenses | 33,166 | 28,699 | 66,758 | 55,045 |
| Loss from operations | (13,108) | (9,561) | (27,074) | (18,981) |
| Interest income | 3,681 | 3,886 | 7,629 | 7,335 |
| Other income (expense), net | (9) | (154) | 197 | (146) |
| Loss before income taxes | (9,436) | (5,829) | (19,248) | (11,792) |
| Income tax expense | (37) | (235) | (297) | (375) |
| Net loss | $(9,473) | $(6,064) | $(19,545) | $(12,167) |
| Net loss per common share, basic and diluted | $(0.25) | $(0.16) | $(0.51) | $(0.33) |
| Weighted-average common shares outstanding, basic and diluted | 38,338 | 37,494 | 38,232 | 37,411 |
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