908 Devices Inc

For the period ended Mar 31, 2024. Filed May 3, 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.

Mar 31, 2024 · Filed May 3, 2024

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

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except share and per share amounts)


· · Three Months Ended March 31, ·
· 2024 · 2023 ·
Revenue:
Product revenue	$7,233	$7,022
Service revenue	2,758	2,240
Contract revenue	—	225
Total revenue	9,991	9,487
Cost of revenue:
Product cost of revenue	3,210	3,786
Service cost of revenue	1,778	1,270
Contract cost of revenue	—	47
Total cost of revenue	4,988	5,103
Gross profit	5,003	4,384
Operating expenses:
Research and development	5,790	5,398
Selling, general and administrative	11,901	12,003
Total operating expenses	17,691	17,401
Loss from operations	(12,688)	(13,017)
Other income, net:
Interest income	1,729	1,017
Interest expense	—	(551)
Other (expense) income, net	(28)	19
Total other income, net	1,701	485
Loss from operations before income taxes	(10,987)	(12,532)
Benefit for income taxes	70	—
Net loss	$(10,917)	$(12,532)
Net loss per share
Basic and diluted	$(0.33)	$(0.39)
Weighted average common shares outstanding
Basic and diluted	32,710,894	31,965,799

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.