908 Devices Inc

For the period ended Jun 30, 2024. Filed Aug 6, 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.

Jun 30, 2024 · Filed Aug 6, 2024

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except share and per share amounts)


· · Three Months Ended June 30, · · Six Months Ended June 30, ·
· 2024 · 2023 · 2024 · 2023 ·
Revenue:
Product revenue	$10,266	$9,595	$17,499	$16,617
Service revenue	3,681	2,354	6,439	4,594
Contract revenue	100	145	100	370
Total revenue	14,047	12,094	24,038	21,581
Cost of revenue:
Product cost of revenue	4,732	4,800	7,942	8,586
Service cost of revenue	1,823	1,448	3,601	2,718
Contract cost of revenue	74	52	74	99
Total cost of revenue	6,629	6,300	11,617	11,403
Gross profit	7,418	5,794	12,421	10,178
Operating expenses:
Research and development	6,381	5,525	12,171	10,923
Selling, general and administrative	14,597	11,208	26,498	23,211
Total operating expenses	20,978	16,733	38,669	34,134
Loss from operations	(13,560)	(10,939)	(26,248)	(23,956)
Other income, net:
Interest income	1,133	1,689	2,862	2,706
Interest expense	—	—	—	(551)
Other (expense) income, net	(190)	(167)	(218)	(200)
Total other income, net	943	1,522	2,644	1,955
Loss from operations before income taxes	(12,617)	(9,417)	(23,604)	(22,001)
Benefit for income taxes	69	71	139	122
Net loss	$(12,548)	$(9,346)	$(23,465)	$(21,879)
Net loss per share
Basic and diluted	$(0.37)	$(0.29)	$(0.70)	$(0.68)
Weighted average common shares outstanding
Basic and diluted	34,061,933	32,199,156	33,386,413	32,083,122

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.