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Cytek Biosciences, Inc.

For the period ended Mar 31, 2025. Filed May 8, 2025.

View on SEC.gov

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.

Mar 31, 2025 · Filed May 8, 2025

CTKB$5.79-1.7%Stored close · as of Nov 10, 2026

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Consolidated Statements of Operations and Comprehensive Loss

Three months ended March 31,
(In thousands, except share and per share data)20252024
Revenue, net:
Product$28,110$34,122
Service13,34710,738
Total revenue, net41,45744,860
Cost of sales:
Product15,52916,746
Service5,7715,101
Total cost of sales21,30021,847
Gross profit20,15723,013
Operating expenses:
Research and development9,7259,796
Sales and marketing12,50912,543
General and administrative12,89811,408
Total operating expenses35,13233,747
Loss from operations(14,975)(10,734)
Other income (expense):
Interest expense(291)(441)
Interest income5081,359
Other income, net3,492823
Total other income, net3,7091,741
Loss before income taxes(11,266)(8,993)
Provision for (benefit from) income taxes136(2,824)
Net loss(11,402)(6,169)
Net loss, basic and diluted$(11,402)$(6,169)
Net loss per share, basic$(0.09)$(0.05)
Net loss per share, diluted$(0.09)$(0.05)
Weighted-average shares used in calculating net loss per share, basic128,339,481130,920,971
Weighted-average shares used in calculating net loss per share, diluted128,339,481130,920,971
Comprehensive loss:
Net loss$(11,402)$(6,169)
Foreign currency translation adjustment, net of tax(560)(244)
Unrealized loss on marketable securities(65)(35)
Net comprehensive loss$(12,027)$(6,448)
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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.