Beauty Health Co
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
View on SEC.govAbout 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, 2024 · Filed Aug 8, 2024
SKIN$15.94-4.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(in thousands, except for share and per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $90,594 | $117,479 | $171,997 | $203,757 |
| Cost of sales | 49,654 | 49,603 | 82,696 | 81,777 |
| Gross profit | 40,940 | 67,876 | 89,301 | 121,980 |
| Operating expenses: | ||||
| Selling and marketing | 30,482 | 43,041 | 64,166 | 81,740 |
| Research and development | 1,159 | 2,881 | 3,966 | 5,217 |
| General and administrative | 31,410 | 35,100 | 60,271 | 65,479 |
| Total operating expenses | 63,051 | 81,022 | 128,403 | 152,436 |
| Loss from operations | (22,111) | (13,146) | (39,102) | (30,456) |
| Interest expense | 2,452 | 3,429 | 5,481 | 6,846 |
| Interest income | (4,194) | (5,717) | (9,550) | (10,032) |
| Other income, net | (17,319) | (47) | (33,406) | (465) |
| Change in fair value of warrant liabilities | (4,043) | (11,585) | (2,579) | (2,509) |
| Foreign currency transaction loss (gain), net | 1,144 | (397) | 2,441 | (1,546) |
| (Loss) income before provision for income taxes | (151) | 1,171 | (1,489) | (22,750) |
| Income tax benefit | (353) | (2,193) | (1,012) | (5,855) |
| Net income (loss) | $202 | $3,364 | (477) | (16,895) |
| Comprehensive income (loss), net of tax: | ||||
| Foreign currency translation adjustments | (816) | (367) | (1,863) | 521 |
| Comprehensive (loss) income | $(614) | $2,997 | $(2,340) | $(16,374) |
| Net income (loss) per share | ||||
| Basic | $0.00 | $0.03 | $0.00 | $(0.13) |
| Diluted | $(0.10) | $0.03 | $(0.20) | $(0.13) |
| Weighted average common shares outstanding | ||||
| Basic | 123,718,797 | 132,716,024 | 123,417,353 | 132,569,209 |
| Diluted | 141,927,750 | 132,716,024 | 143,200,221 | 132,569,209 |
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