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Weave Communications Inc

For the period ended Dec 31, 2024. Filed Mar 13, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 13, 2025

WEAV$7.40+0.1%Stored close · as of Oct 23, 2026

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Consolidated statements of operations

(in thousands, except share and per share data)

Year Ended December 31,
202420232022
Revenue$204,314$170,468$142,117
Cost of revenue58,43254,37753,276
Gross profit145,882116,09188,841
Operating expenses:
Sales and marketing84,61270,76565,378
Research and development40,23134,04030,714
General and administrative52,45245,65242,453
Total operating expenses177,295150,457138,545
Loss from operations(31,413)(34,366)(49,704)
Other income (expense):
Interest income1,8512,1961,155
Interest expense(1,523)(1,923)(1,441)
Other income, net2,9283,322356
Loss before income taxes(28,157)(30,771)(49,634)
Provision for income taxes(189)(260)(104)
Net loss$(28,346)$(31,031)$(49,738)
Net loss per share attributable to common stockholders - basic and diluted$(0.40)$(0.46)$(0.76)
Weighted-average common shares outstanding - basic and diluted71,656,89267,694,97865,083,198
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.