TriSalus Life Sciences Inc
For the period ended Dec 31, 2023. Filed Apr 11, 2024.
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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.
FY2023 · Filed Apr 11, 2024
TLSI$2.85-11.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Operations
(in thousands, except share and per share data)
| 2023 | 2022 | |
|---|---|---|
| Revenue | $18,511 | $12,398 |
| Cost of goods sold | 2,605 | 2,258 |
| Gross profit | 15,906 | 10,140 |
| Operating expenses: | ||
| Research and development | 29,510 | 21,358 |
| Sales and marketing | 17,034 | 12,738 |
| General and administrative | 23,512 | 12,483 |
| Loss from operations | (54,150) | (36,439) |
| Interest income | 431 | 180 |
| Interest expense | (16) | (1) |
| Loss on equity issuance | (4,353) | (8,312) |
| Change in fair value of tranche and warrant liabilities | (10,855) | (2,186) |
| Change in fair value of contingent liabilities | 10,293 | — |
| Other income and expense, net | (379) | (420) |
| Loss before income taxes | (59,029) | (47,178) |
| Income tax expense | (9) | (9) |
| Net loss available to common stockholders | $(59,038) | $(47,187) |
| Deemed dividend related to Series B-2 preferred stock down round provision | $(2,981) | $(2,829) |
| Undeclared dividends on Series A preferred stock | $(1,258) | $— |
| Net loss attributable to common stockholders | $(63,277) | $(50,016) |
| Net loss per share, basic and diluted | $(6.73) | $(161.55) |
| Weighted average common shares outstanding, basic and diluted | 9,395,748 | 309,609 |
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