Twist Bioscience Corp
For the period ended Dec 31, 2024. Filed Feb 3, 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.
Dec 31, 2024 · Filed Feb 3, 2025
TWST$132.13-2.4%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 Operations and Comprehensive Loss (Unaudited)
| Three months endedDecember 31, | ||
|---|---|---|
| (In thousands, except per share data) | 2024 | 2023 |
| Revenues [1] | $88,713 | $71,498 |
| Operating expenses: | ||
| Cost of revenues | $45,873 | $42,536 |
| Research and development | 21,307 | 23,099 |
| Selling, general and administrative | 56,177 | 52,840 |
| Total operating expenses | $123,357 | $118,475 |
| Loss from operations | $(34,644) | $(46,977) |
| Interest income | $3,240 | $4,120 |
| Interest expense | (24) | — |
| Other income (expense), net | (69) | (31) |
| Loss before income taxes | $(31,497) | $(42,888) |
| Income tax expense | (97) | (120) |
| Net loss | $(31,594) | $(43,008) |
| Other comprehensive loss: | ||
| Change in unrealized gain (loss) on investments | $(66) | $134 |
| Foreign currency translation adjustment | (61) | 57 |
| Comprehensive loss | $(31,721) | $(42,817) |
| Net loss per share, basic and diluted | $(0.53) | $(0.75) |
| Weighted average shares used in computing net loss per share, basic and diluted | 59,162 | 57,497 |
[1]During the three months ended December 31, 2024, and 2023, the Company had revenues from related parties in the amount of $4.0 million and $2.3 million, respectively.
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