Neuronetics, Inc.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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FY2024 · Filed Mar 27, 2025
STIM$2.18+1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share data)
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| · · Years ended December 31, | |||||||||
| · · 2024 · · 2023 · · 2022 | |||||||||
| Revenues | $74,890 | $71,348 | $65,206 | ||||||
| Cost of revenues | | 20,729 | | 19,643 | | 15,483 | |||
| Gross profit | | 54,161 | | 51,705 | | 49,723 | |||
| Operating expenses: | | | | | | | | ||
| Sales and marketing | | 45,631 | | 47,318 | | 49,982 | |||
| General and administrative | | 30,322 | | 25,426 | | 25,516 | |||
| Research and development | | 12,771 | | 9,515 | | 9,336 | |||
| Total operating expenses | | 88,724 | | | 82,259 | | 84,834 | ||
| Loss from operations | | (34,563) | | (30,554) | | (35,111) | |||
| Other (income) expense: | | | | | |||||
| Interest expense | | 7,286 | | 5,424 | | 4,251 | |||
| Loss on extinguishment of debt | | | 4,427 | | | — | | | — |
| Other income, net | | (2,549) | | (5,789) | | (2,203) | |||
| Net loss | | $(43,727) | | $(30,189) | | $(37,159) | |||
| Less: Non-controlling interest | | | 19 | | | — | | | — |
| Net loss attributable to Neuronetics stockholders’ | | $(43,708) | | $(30,189) | | $(37,159) | |||
| Net loss per share of common stock outstanding, basic and diluted attributable to Neuronetics stockholders’ | | $(1.38) | | $(1.05) | | $(1.38) | |||
| Weighted average common shares outstanding, basic and diluted | | 31,734 | | 28,658 | | 26,900 | |||
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