1stdibscom Inc
For the period ended Mar 31, 2024. Filed May 9, 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 9, 2024
DIBS$5.79-3.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(Amounts in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net revenue | $22,062 | $22,178 |
| Cost of revenue | 6,076 | 7,307 |
| Gross profit | 15,986 | 14,871 |
| Operating expenses: | ||
| Sales and marketing | 9,169 | 9,805 |
| Technology development | 4,745 | 5,795 |
| General and administrative | 7,010 | 8,088 |
| Provision for transaction losses | 414 | 1,364 |
| Total operating expenses | 21,338 | 25,052 |
| Loss from operations | (5,352) | (10,181) |
| Other income, net: | ||
| Interest income | 1,692 | 1,531 |
| Other, net | 357 | 517 |
| Total other income, net | 2,049 | 2,048 |
| Net loss before income taxes | (3,303) | (8,133) |
| Provision for income taxes | — | — |
| Net loss | $(3,303) | $(8,133) |
| Net loss per share—basic and diluted | $(0.08) | $(0.21) |
| Weighted average common shares outstanding—basic and diluted | 39,745,095 | 39,330,542 |
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