Last 7 days
-0.7%
Last 30 days
-13.7%
Last 90 days
3%
Trailing 12 Months
-47.2%
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Revenue | 6.8% | 51.00 | 48.00 | 45.00 | 42.00 | 32.00 |
Gross Profit | 9.5% | 29.00 | 27.00 | 24.00 | 23.00 | 17.00 |
Operating Expenses | 8.2% | 58.00 | 53.00 | 50.00 | 45.00 | 39.00 |
S&GA Expenses | 8.0% | 41.00 | 38.00 | 36.00 | 32.00 | 28.00 |
R&D Expenses | 8.9% | 17.00 | 15.00 | 14.00 | 13.00 | 12.00 |
Interest Expenses | 1.9% | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
Net Income | -4.1% | -27.27 | -26.19 | -25.52 | -22.20 | -28.91 |
Net Income Margin | 2.4% | -0.53* | -0.55* | -0.57* | -0.53* | - |
Free Cahsflow | -11.3% | -26.52 | -23.82 | -21.26 | -29.82 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Assets | 0.9% | 249 | 247 | 251 | 261 | 166 |
Current Assets | -6.2% | 224 | 239 | 243 | 253 | 157 |
Cash Equivalents | -9.1% | 194 | 213 | 223 | 224 | 139 |
Inventory | 4.9% | 12.00 | 11.00 | 10.00 | 8.00 | 8.00 |
Net PPE | 14.1% | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Goodwill | - | 9.00 | - | - | - | - |
Liabilities | 15.0% | 53.00 | 46.00 | 44.00 | 46.00 | 44.00 |
Current Liabilities | 23.6% | 19.00 | 15.00 | 14.00 | 15.00 | 13.00 |
LT Debt, Non Current | 0% | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
Shareholder's Equity | -2.3% | 197 | 201 | 207 | 215 | 123 |
Retained Earnings | -5.2% | -124 | -118 | -110 | -100 | -97.17 |
Additional Paid-In Capital | 0.7% | 321 | 319 | 317 | 315 | 220 |
Shares Outstanding | 0.4% | 32.00 | 32.00 | 31.00 | 31.00 | 28.00 |
Cashflow (Last 12 Months) | (In Thousands) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Cashflow From Operations | -8.7% | -25,034 | -23,020 | -19,915 | -29,082 | -17,530 |
Share Based Compensation | 24.8% | 6,076 | 4,867 | 3,454 | 2,504 | 1,938 |
Cashflow From Investing | -1803.7% | -15,249 | -801 | -1,345 | -737 | -683 |
Cashflow From Financing | -0.3% | 95,300 | 95,612 | 95,421 | 94,725 | 137,376 |
97.5%
90.7%
90.7%
Y-axis is the maximum loss one would have experienced if 908 Devices was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | BAILLIE GIFFORD & CO | unchanged | - | -2,103 | 1,897 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | new | - | 48,000 | 48,000 | -% |
2023-02-17 | TRUIST FINANCIAL CORP | reduced | -21.15 | -143,559 | 82,441 | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | unchanged | - | -13,027 | 10,973 | -% |
2023-02-15 | Bruce & Co., Inc. | new | - | 520,339 | 520,339 | 0.13% |
2023-02-15 | MetLife Investment Management, LLC | unchanged | - | -105,636 | 91,364 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | added | 32.89 | -94,124 | 150,876 | -% |
2023-02-15 | Belvedere Trading LLC | new | - | 78,760 | 78,760 | -% |
2023-02-14 | Graham Capital Management, L.P. | new | - | 100,187 | 100,187 | -% |
2023-02-14 | MILLENNIUM MANAGEMENT LLC | reduced | -60.53 | -5,628,000 | 1,260,000 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | alger associates inc | 8.8% | 2,805,216 | SC 13G/A | |
Feb 14, 2023 | eventide asset management, llc | 7.0% | 2,230,665 | SC 13G | |
Feb 13, 2023 | arch venture fund vii, l.p. | 18.1% | 5,725,045 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 5.6% | 1,763,507 | SC 13G/A | |
Jul 08, 2022 | blackrock inc. | 7.4% | 2,318,894 | SC 13G | |
Feb 09, 2022 | ark investment management llc | 9.66% | 2,996,393 | SC 13G/A | |
Feb 08, 2022 | arch venture fund vii, l.p. | 18.5% | 5,725,045 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 15, 2023 | 10-K | Annual Report | |
Mar 15, 2023 | S-8 | Employee Benefits Plan | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 8-K | Current Report | |
Feb 23, 2023 | 4 | Insider Trading | |
Feb 23, 2023 | 4 | Insider Trading | |
Feb 17, 2023 | 4 | Insider Trading | |
Feb 14, 2023 | 5 | Insider Trading | |
Feb 14, 2023 | SC 13G | Major Ownership Report | |
Feb 14, 2023 | SC 13G/A | Major Ownership Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-02 | Hunt Anthony | acquired | - | - | 2,058 | - |
2023-02-22 | ELOI FENEL M | acquired | - | - | 507 | - |
2023-02-22 | George Jeffrey P. | acquired | - | - | 507 | - |
2023-02-16 | Knopp Kevin J. | sold | -49,001 | 10.12 | -4,842 | president and ceo |
2023-02-15 | Knopp Kevin J. | sold | -155,976 | 10.29 | -15,158 | president and ceo |
2023-02-02 | Knopp Kevin J. | sold | -420,400 | 10.51 | -40,000 | president and ceo |
2023-02-02 | Griffith Joseph H. IV | sold | -32,758 | 10.03 | -3,266 | chief financial officer |
2023-02-02 | Turner Michael S. | sold | -28,537 | 10.02 | -2,848 | vp, general counsel |
2023-02-02 | Brown Christopher D. | sold | -100,300 | 10.03 | -10,000 | chief technology officer |
2023-02-01 | Fitzpatrick Maura | acquired | - | - | 4,427 | vp, product management & mktg |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Revenue | $ 15,797 | $ 12,545 | $ 35,209 | $ 26,365 |
Cost of revenue | 6,459 | 5,733 | 15,108 | 12,266 |
Gross profit | 9,338 | 6,812 | 20,101 | 14,099 |
Operating expenses: | ||||
Research and development | 4,666 | 3,302 | 12,864 | 9,322 |
Selling, general and administrative | 11,826 | 8,786 | 32,281 | 23,318 |
Total operating expenses | 16,492 | 12,088 | 45,145 | 32,640 |
Loss from operations | (7,154) | (5,276) | (25,044) | (18,541) |
Other income (expense): | ||||
Interest expense | (33) | (31) | (68) | (446) |
Other income, net | 928 | 122 | 1,340 | 283 |
Total other income (expense), net | 895 | 91 | 1,272 | (163) |
Net loss | $ (6,259) | $ (5,185) | $ (23,772) | $ (18,704) |
Net loss per share, basic | $ (0.20) | $ (0.19) | $ (0.76) | $ (0.68) |
Net loss per share, diluted | $ (0.20) | $ (0.19) | $ (0.76) | $ (0.68) |
Weighted average common shares outstanding, basic | 31,606,484 | 27,707,858 | 31,441,611 | 27,446,149 |
Weighted average common shares outstanding, diluted | 31,606,484 | 27,707,858 | 31,441,611 | 27,446,149 |
Product and service revenue | ||||
Revenue | $ 15,437 | $ 12,285 | $ 34,074 | $ 25,557 |
Cost of revenue | 6,366 | 5,656 | 14,768 | 12,062 |
License and contract revenue | ||||
Revenue | 360 | 260 | 1,135 | 808 |
Cost of revenue | $ 93 | $ 77 | $ 340 | $ 204 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 193,698 | $ 224,073 |
Accounts receivable, net of allowance for doubtful accounts of $1,750 | 15,231 | 16,375 |
Inventory | 11,731 | 7,918 |
Prepaid expenses and other current assets | 3,222 | 4,527 |
Total current assets | 223,882 | 252,893 |
Operating lease, right-of-use assets | 4,271 | 5,182 |
Property and equipment, net | 2,761 | 1,603 |
Goodwill | 9,200 | |
Intangible assets, net | 7,969 | |
Other long-term assets | 1,198 | 1,228 |
Total assets | 249,281 | 260,906 |
Current liabilities: | ||
Accounts payable | 1,663 | 1,371 |
Accrued expenses | 8,564 | 6,961 |
Deferred revenue | 7,419 | 5,160 |
Operating lease liabilities | 1,432 | 1,344 |
Total current liabilities | 19,078 | 14,836 |
Long-term debt | 15,000 | 15,000 |
Operating lease liabilities, net of current portion | 3,429 | 4,508 |
Deferred revenue, net of current portion | 12,162 | 11,958 |
Deferred income taxes | 2,570 | |
Other long-term liabilities | 542 | |
Total liabilities | 52,781 | 46,302 |
Commitments and contingencies (Note 10) | ||
Stockholders' equity: | ||
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued or outstanding at September 30, 2022 and December 31, 2021, respectively | ||
Common stock, $0.001 par value; 100,000,000 shares authorized; 31,652,058 shares and 31,077,004 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively | 32 | 31 |
Additional paid-in capital | 321,491 | 315,210 |
Accumulated other comprehensive loss | (613) | |
Accumulated deficit | (124,410) | (100,637) |
Total stockholders' equity | 196,500 | 214,604 |
Total liabilities and stockholders' equity | $ 249,281 | $ 260,906 |