PROCEPT BioRobotics Corp
For the period ended Mar 31, 2024. Filed May 2, 2024.
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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.
Mar 31, 2024 · Filed May 2, 2024
PRCT$23.05+3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $44,539 | $24,404 |
| Cost of sales | 19,505 | 11,913 |
| Gross profit | 25,034 | 12,491 |
| Operating expenses: | ||
| Research and development | 13,084 | 10,737 |
| Selling, general and administrative | 39,599 | 30,131 |
| Total operating expenses | 52,683 | 40,868 |
| Loss from operations | (27,649) | (28,377) |
| Interest expense | (1,045) | (886) |
| Interest and other income, net | 2,737 | 779 |
| Net loss | $(25,957) | $(28,484) |
| Net loss per share, basic and diluted | $(0.51) | $(0.63) |
| Weighted-average common shares used to | ||
| compute net loss per share attributable to | ||
| common shareholders, basic and diluted | 51,011 | 45,066 |
| Other comprehensive loss: | ||
| Unrealized gain on cash equivalents | 29 | 21 |
| Comprehensive loss | $(25,928) | $(28,463) |
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