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Weave Communications, Inc.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

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About this filing

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.

Jun 30, 2025 · Filed Aug 7, 2025

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

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Condensed Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except share and per share data)

Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Revenue$58,470$50,586$114,279$97,759
Cost of revenue16,51914,46232,38328,648
Gross profit41,95136,12481,89669,111
Operating expenses:
Sales and marketing25,24521,88948,77141,519
Research and development11,9889,95823,14119,603
General and administrative14,90413,53229,49025,399
Total operating expenses52,13745,379101,40286,521
Loss from operations(10,186)(9,255)(19,506)(17,410)
Other income (expense):
Interest income435432898852
Interest expense(537)(399)(934)(718)
Other income, net4717219711,586
Loss before income taxes(9,817)(8,501)(18,571)(15,690)
Income tax benefit (expense)1,106(52)1,035(66)
Net loss$(8,711)$(8,553)$(17,536)$(15,756)
Net loss per share - basic and diluted$(0.11)$(0.12)$(0.23)$(0.22)
Weighted-average common shares outstanding - basic and diluted75,842,85271,291,80174,830,54170,872,372
Other comprehensive loss
Change in foreign currency translation, net of tax294(71)348(309)
Net unrealized gain (loss) on investments, net of tax(9)(25)5(87)
Total comprehensive loss$(8,426)$(8,649)$(17,183)$(16,152)
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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.