908 Devices Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
View on SEC.govAbout 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.
FY2024 · Filed Mar 7, 2025
MASS$11.51+9.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, · · December 31, | ||||||
| · 2024 · 2023 | ||||||
| Assets · · · | ||||||
| Current assets: · · · | ||||||
| Cash and cash equivalents | | $44,032 | | $121,041 | ||
| Marketable securities | | | 25,568 | | | 24,641 |
| Accounts receivable, net of allowance for credit losses of $525 and $395 at December 31, 2024 and December 31, 2023 | | 12,627 | | 8,989 | ||
| Inventory | | 16,173 | | 14,938 | ||
| Prepaid expenses and other current assets | | 4,655 | | 4,181 | ||
| Total current assets | | 103,055 | | 173,790 | ||
| Operating lease, right-of-use assets | | 6,910 | | 6,233 | ||
| Property and equipment, net | | 3,421 | | 3,342 | ||
| Goodwill | | | — | | | 10,367 |
| Intangible assets, net | | | 45,261 | | | 7,860 |
| Other long-term assets | | 829 | | 1,389 | ||
| Total assets | | $159,476 | | $202,981 | ||
| Liabilities and Stockholders' Equity | | | | | ||
| Current liabilities: | | | | | ||
| Accounts payable | | $2,063 | | $1,191 | ||
| Accrued expenses | | 9,096 | | 8,713 | ||
| Deferred revenue | | 12,125 | | 10,629 | ||
| Operating lease liabilities | | 1,865 | | 2,016 | ||
| Total current liabilities | | 25,149 | | 22,549 | ||
| Operating lease liabilities, net of current portion | | 4,742 | | 3,929 | ||
| Deferred revenue, net of current portion | | 10,679 | | 8,571 | ||
| Deferred income taxes | | 2,030 | | 2,441 | ||
| Contingent consideration | | 2,284 | | — | ||
| Total liabilities | | 44,884 | | 37,490 | ||
| Commitments and contingencies (Note 16) | | | | | ||
| Stockholders' equity: | | | | | ||
| Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued or outstanding at December 31, 2024 and December 31, 2023, respectively | | | — | | | — |
| Common stock, $0.001 par value; 100,000,000 shares authorized; 35,098,493 shares and 32,519,023 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | | 35 | | 33 | ||
| Additional paid-in capital | | 356,216 | | 334,692 | ||
| Accumulated other comprehensive income | | | 1,146 | | | 1,365 |
| Accumulated deficit | | (242,805) | | (170,599) | ||
| Total stockholders' equity | | 114,592 | | 165,491 | ||
| Total liabilities and stockholders' equity | | $159,476 | | $202,981 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.