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Celularity Inc

For the period ended Dec 31, 2024. Filed May 8, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed May 8, 2025

CELU$0.71-6.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations and Comprehensive Loss

Year Ended December 31,
20242023
Revenues
Product sales, net$35,336$13,149
Services5,1405,441
License, royalty and other13,7444,181
Total net revenues54,22022,771
Operating expenses
Cost of revenues (excluding amortization of acquired intangible assets)
Product sales4,9248,628
Services1,1721,650
License, royalty and other8,8935,738
Research and development17,38630,465
Selling, general and administrative58,64350,576
Change in fair value of contingent consideration liability(193)(104,339)
Goodwill impairment—112,347
IPR&D impairment—107,800
Amortization of acquired intangible assets1,7532,193
Total operating expenses92,578215,058
Loss from operations(38,358)(192,287)
Other income (expense):
Interest income331320
Interest expense(6,264)(3,015)
Change in fair value of warrant liabilities3986,164
Change in fair value of debt(492)(1,177)
Loss on debt extinguishment(3,908)—
Other expense, net(9,599)(6,290)
Total other expense(19,534)(3,998)
Loss before income taxes(57,892)(196,285)
Income tax expense—10
Net loss$(57,892)$(196,295)
Change in fair value of debt due to change in credit risk, net of tax(5)146
Other comprehensive (loss) income(5)146
Comprehensive loss$(57,897)$(196,149)
Share information:
Net loss per share – basic and diluted$(2.64)$(11.02)
Weighted average shares outstanding – basic and diluted21,890,51817,813,044
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.