908 Devices Inc

For the period ended Dec 31, 2023. Filed Mar 8, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 8, 2024

MASS$11.51+9.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except share and per share amounts)


· · Year Ended December 31,
· · 2023 · 2022
Revenue: · · · ·
Product revenue	$40,214	$37,499
Service revenue	9,645	6,976
Contract revenue	370	2,377
Total revenue	50,229	46,852
Cost of revenue:
Product cost of revenue	18,428	16,010
Service cost of revenue	6,380	4,420
Contract cost of revenue	99	399
Total cost of revenue	24,907	20,829
Gross profit	25,322	26,023
Operating expenses:
Research and development	21,904	17,526
Selling, general and administrative	46,176	43,879
Total operating expenses	68,080	61,405
Loss from operations	(42,758)	(35,382)
Other income, net:
Interest income	6,480	2,031
Interest expense	(201)	(129)
Other expense, net	(131)	(83)
Total other income, net	6,148	1,819
Loss from operations before income taxes	(36,610)	(33,563)
Benefit for income taxes	211	—
Net loss	(36,399)	$(33,563)
Net loss per share
Basic and diluted	$(1.13)	$(1.07)
Weighted average common shares outstanding
Basic and diluted	32,239,394	31,492,531

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.