PureCycle Technologies Inc
For the period ended Dec 31, 2023. Filed Mar 6, 2024.
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FY2023 · Filed Mar 6, 2024
PCT$2.06+23.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Loss
| Years ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (in thousands except per share data) | |||
| Costs and expenses | |||
| Operating costs | $52,392 | $23,724 | $8,273 |
| Research and development | 6,607 | 4,350 | 3,692 |
| Selling, general and administrative | 54,902 | 53,244 | 57,615 |
| Total operating costs and expenses | 113,901 | 81,318 | 69,580 |
| Interest expense | 31,368 | 2,312 | 7,473 |
| Interest (income) | (10,863) | (4,953) | (821) |
| Change in fair value of warrants | (33,824) | 5,842 | 1,476 |
| Other expense (income) | 483 | 227 | (206) |
| Total other (income) expense | (12,836) | 3,428 | 7,922 |
| Loss before income taxes | $(101,065) | $(84,746) | $(77,502) |
| Provision for income taxes | 650 | — | — |
| Net Loss | (101,715) | (84,746) | (77,502) |
| Loss per share | |||
| Basic | $(0.62) | $(0.54) | $(0.75) |
| Diluted | $(0.63) | $(0.55) | $(0.79) |
| Weighted average common shares | |||
| Basic | 163,865 | 155,957 | 102,913 |
| Diluted | 164,013 | 156,152 | 102,981 |
| Other comprehensive loss: | |||
| Unrealized gain (loss) on debt securities available for sale | $623 | $(404) | $(237) |
| Cumulative translation adjustment | $(14) | $— | $— |
| Total comprehensive loss | $(101,106) | $(85,150) | $(77,739) |
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