908 Devices Inc.
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
View on SEC.govAbout 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, 2025 · Filed Aug 5, 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
Condensed Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended June 30, · · Six Months Ended June 30, · | ||||||||||||||
| · 2025 · 2024 · 2025 · 2024 · | ||||||||||||||
| Revenue: | | | | | | | | | | | | | | |
| Product revenue | | $9,577 | | $8,548 | | $18,106 | | $13,780 | | | ||||
| Service and contract revenue | | | 3,458 | | | 2,914 | | | 6,707 | | | 5,104 | | |
| Total revenue | | 13,035 | | 11,462 | | 24,813 | | 18,884 | | | ||||
| Cost of revenue: | | | | | | | | | | | ||||
| Product cost of revenue | | 5,323 | | 4,037 | | 10,048 | | 6,456 | | | ||||
| Service and contract cost of revenue | | | 1,339 | | | 1,263 | | | 2,850 | | | 2,379 | | |
| Total cost of revenue | | 6,662 | | 5,300 | | 12,898 | | 8,835 | | | ||||
| Gross profit | | 6,373 | | 6,162 | | 11,915 | | 10,049 | | | ||||
| Operating expenses: | | | | | | | | | | | ||||
| Research and development | | 4,405 | | 3,591 | | 8,234 | | 6,883 | | | ||||
| Selling, general and administrative | | 10,337 | | 11,110 | | 20,576 | | 19,316 | | | ||||
| Change in fair value of contingent consideration | | 6,792 | | — | | 9,291 | | — | | | ||||
| Total operating expenses | | 21,534 | | 14,701 | | 38,101 | | 26,199 | | | ||||
| Loss from continuing operations | | (15,161) | | (8,539) | | (26,186) | | (16,150) | | | ||||
| Other income, net: | | | | | | | | | | | ||||
| Interest income | | | 1,196 | | 1,133 | | 2,012 | | 2,862 | | | |||
| Income from transition services agreement, net | | 1,236 | | — | | 1,642 | | — | | | ||||
| Other expense, net | | (108) | | (167) | | (142) | | (180) | | | ||||
| Total other income, net | | 2,324 | | 966 | | 3,512 | | 2,682 | | | ||||
| Loss from operations before income taxes | | | (12,837) | | | (7,573) | | | (22,674) | | | (13,468) | | |
| Income tax expense | | | (71) | | | — | | | (71) | | | — | | |
| Net loss from continuing operations | | $(12,908) | | $(7,573) | | | (22,745) | | | (13,468) | | | ||
| Net income (loss) from discontinued operations, net of tax | | (398) | | (4,975) | | 53,042 | | (9,997) | | | ||||
| Net income (loss) attributable to common stockholders | | $(13,306) | | $(12,548) | | $30,297 | | $(23,465) | | | ||||
| Net loss from continuing operations per share attributable to common stockholders, basic and diluted | | $(0.36) | | $(0.22) | | $(0.64) | | $(0.40) | | | ||||
| Net income (loss) from discontinued operations per share attributable to common stockholders, basic and diluted | | $(0.01) | | $(0.15) | | $1.49 | | $(0.30) | | | ||||
| Net income (loss) per share attributable to common stockholders, basic and diluted | | $(0.37) | | $(0.37) | | $0.85 | | $(0.70) | | | ||||
| Weighted average common shares outstanding | | | | | | | | | | | ||||
| Basic and diluted | | | 35,877,947 | | | 34,061,933 | | | 35,633,573 | | | 33,386,413 | | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.