Honest Company Inc
For the period ended Mar 31, 2024. Filed May 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.
Mar 31, 2024 · Filed May 8, 2024
HNST$5.20+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 Comprehensive Loss
(in thousands, except share and per share amounts)
| For the three months ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $86,217 | $83,388 |
| Cost of revenue | 54,335 | 63,186 |
| Gross profit | 31,882 | 20,202 |
| Operating expenses | ||
| Selling, general and administrative | 22,420 | 25,817 |
| Marketing | 9,096 | 10,234 |
| Restructuring | — | 1,350 |
| Research and development | 1,681 | 1,459 |
| Total operating expenses | 33,197 | 38,860 |
| Operating loss | (1,315) | (18,658) |
| Interest and other income (expense), net | (63) | (189) |
| Loss before provision for income taxes | (1,378) | (18,847) |
| Income tax provision | 25 | 20 |
| Net loss | $(1,403) | $(18,867) |
| Net loss per share attributable to common stockholders: | ||
| Basic and diluted | $(0.01) | $(0.20) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders: | ||
| Basic and diluted | 96,273,168 | 93,106,075 |
| Other comprehensive income (loss) | ||
| Unrealized gain (loss) on short-term investments, net of taxes | — | 19 |
| Comprehensive loss | $(1,403) | $(18,848) |
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