908 Devices Inc

For the period ended Dec 31, 2024. Filed Mar 7, 2025.

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.

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.

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Contents

Consolidated Statements of Operations

(in thousands, except share and per share amounts)


· · Year Ended December 31,
· · 2024 · 2023
Revenue: · · · · ·
Product revenue	$43,922	$40,214
Service and contract revenue	15,709	10,015
Total revenue	59,631	50,229
Cost of revenue:
Product cost of revenue	21,645	18,428
Service and contract cost of revenue	8,130	6,479
Total cost of revenue	29,775	24,907
Gross profit	29,856	25,322
Operating expenses:
Research and development	25,495	21,904
Selling, general and administrative	53,636	46,069
Change in fair value of contingent consideration	(13,216)	107
Goodwill impairment	40,659	—
Total operating expenses	106,574	68,080
Loss from operations	(76,718)	(42,758)
Other income, net:
Interest income	4,494	6,480
Interest expense	—	(201)
Other expense, net	(264)	(131)
Total other income, net	4,230	6,148
Loss from operations before income taxes	(72,488)	(36,610)
Benefit for income taxes	282	211
Net loss	$(72,206)	$(36,399)
Net loss per share
Basic and diluted	$(2.12)	$(1.13)
Weighted average common shares outstanding
Basic and diluted	34,076,321	32,239,394

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.