1stdibscom Inc
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
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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Consolidated Statements of Operations
(Amounts in thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenue | $88,257 | $84,684 | $96,849 |
| Cost of revenue | 24,831 | 25,111 | 29,670 |
| Gross profit | 63,426 | 59,573 | 67,179 |
| Operating expenses: | |||
| Sales and marketing | 38,084 | 36,640 | 44,776 |
| Technology development | 21,165 | 21,644 | 24,437 |
| General and administrative | 27,372 | 28,587 | 27,594 |
| Provision for transaction losses | 3,020 | 3,729 | 5,933 |
| Gain on sale of Design Manager | — | — | (9,684) |
| Total operating expenses | 89,641 | 90,600 | 93,056 |
| Loss from operations | (26,215) | (31,027) | (25,877) |
| Other income, net: | |||
| Interest income | 5,942 | 6,639 | 1,606 |
| Interest expense | — | — | (11) |
| Other, net | 1,684 | 1,703 | 1,781 |
| Total other income, net | 7,626 | 8,342 | 3,376 |
| Net loss before income taxes | (18,589) | (22,685) | (22,501) |
| Provision for income taxes | (44) | (14) | (37) |
| Net loss | $(18,633) | $(22,699) | $(22,538) |
| Net loss per share—basic and diluted | $(0.49) | $(0.57) | $(0.59) |
| Weighted average common shares outstanding—basic and diluted | 37,820,400 | 39,724,697 | 38,479,437 |
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