Weave Communications, Inc.
For the period ended Mar 31, 2025. Filed May 9, 2025.
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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, 2025 · Filed May 9, 2025
WEAV$7.40+0.1%Stored close · as of Oct 23, 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 share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | $55,809 | $47,173 |
| Cost of revenue | 15,864 | 14,186 |
| Gross profit | 39,945 | 32,987 |
| Operating expenses: | ||
| Sales and marketing | 23,526 | 19,630 |
| Research and development | 11,153 | 9,645 |
| General and administrative | 14,586 | 11,867 |
| Total operating expenses | 49,265 | 41,142 |
| Loss from operations | (9,320) | (8,155) |
| Other income (expense): | ||
| Interest income | 463 | 420 |
| Interest expense | (397) | (319) |
| Other income, net | 500 | 865 |
| Loss before income taxes | (8,754) | (7,189) |
| Provision for income taxes | (71) | (14) |
| Net loss | $(8,825) | $(7,203) |
| Net loss per share - basic and diluted | $(0.12) | $(0.10) |
| Weighted-average common shares outstanding - basic and diluted | 73,806,981 | 70,452,944 |
| Other comprehensive loss | ||
| Change in foreign currency translation, net of tax | 54 | (238) |
| Net unrealized gain (loss) on investments, net of tax | 14 | (62) |
| Total comprehensive loss | $(8,757) | $(7,503) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.