Last 7 days
-1.1%
Last 30 days
-16.1%
Last 90 days
-10.2%
Trailing 12 Months
-60.1%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-06-14 | HRUSOVSKY E KEVIN | acquired | - | - | 4,771 | - |
2023-06-14 | CRANDELL KEITH | acquired | - | - | 4,771 | - |
2023-06-14 | ELOI FENEL M | acquired | - | - | 4,771 | - |
2023-06-14 | George Jeffrey P. | acquired | - | - | 4,771 | - |
2023-06-14 | Hunt Anthony | acquired | - | - | 4,771 | - |
2023-06-14 | Eisenberg Marcia | acquired | - | - | 4,771 | - |
2023-06-14 | Spoto Mark | acquired | - | - | 4,771 | - |
2023-06-07 | Brown Christopher D. | sold | -44,834 | 10.03 | -4,470 | chief product officer |
2023-06-07 | Eisenberg Marcia | acquired | - | - | 681 | - |
2023-06-05 | Knopp Kevin J. | acquired | 49,875 | 1.75 | 28,500 | president and ceo |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -59.6 | -65,000 | 31,000 | -% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -28.00 | 110 | -% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -11.19 | -20,598 | 50,051 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -60.4 | -12,596 | 5,949 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 62.14 | 146,308 | 646,308 | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | added | 10.14 | -23,088 | 166,972 | -% |
2023-08-15 | Sands Capital Ventures, LLC | reduced | -27.32 | -1,179,680 | 1,627,590 | 0.48% |
2023-08-15 | GOLDMAN SACHS GROUP INC | added | 1,732 | 2,203,960 | 2,365,840 | -% |
2023-08-15 | WELLS FARGO & COMPANY/MN | added | 95.4 | 24,148 | 67,372 | -% |
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 | |
---|---|---|---|
Aug 08, 2023 | 8-K | Current Report | |
Aug 08, 2023 | 10-Q | Quarterly Report |
97.9%
92.4%
92.4%
Y-axis is the maximum loss one would have experienced if 908 Devices was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Thousands) | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 |
Revenue | 2.1% | 49,021 | 48,033 | 46,852 | 51,050 | 47,798 | 44,969 | 42,206 | 32,082 | 25,585 | 28,436 | 26,894 | 28,236 | 30,258 | 16,004 |
Gross Profit | -3.2% | 25,438 | 26,278 | 26,023 | 29,235 | 26,709 | 24,454 | 23,233 | 16,678 | 13,702 | 15,733 | 14,923 | 16,459 | 17,016 | 8,392 |
Operating Expenses | 2.7% | 66,886 | 65,156 | 61,405 | 57,807 | 53,403 | 50,234 | 45,302 | 39,105 | 32,146 | 24,594 | 20,738 | 19,031 | 18,288 | 19,448 |
S&GA Expenses | 1.1% | 46,635 | 46,137 | 43,879 | 41,198 | 38,158 | 36,227 | 32,235 | 27,501 | 21,893 | 15,550 | 12,503 | 11,093 | 10,284 | 10,824 |
R&D Expenses | 6.5% | 20,225 | 18,993 | 17,500 | 16,609 | 15,245 | 14,007 | 13,067 | 11,604 | 10,253 | 9,044 | 8,235 | 7,937 | 8,004 | 8,624 |
Interest Expenses | -2.3% | 645 | 660 | 129 | 108 | 106 | 130 | 486 | 690 | 904 | 1,111 | 976 | 976 | 974 | 964 |
Earnings Before Taxes | -Infinity% | -37,668 | - | - | - | -32,396 | - | - | - | - | - | - | - | - | - |
Net Income | -3.4% | -37,965 | -36,718 | -33,600 | -27,238 | -26,164 | -25,489 | -22,169 | -28,930 | -25,467 | -15,948 | -12,819 | -3,457 | -1,742 | -11,864 |
Net Income Margin | 100.0% | - | -0.76* | -0.72* | -0.53* | -0.55* | -0.57* | -0.53* | -0.90* | -0.99* | -0.53* | -0.45* | -0.12* | -0.06* | -0.74* |
Free Cashflow | 100.0% | - | -33,724 | -22,975 | -26,521 | -23,821 | -21,260 | -29,819 | -18,213 | -6,859 | -6,124 | 2,387 | 2,387 | -13,164 | -13,036 |
Balance Sheet | (In Millions) | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 |
Assets | -3.5% | 211 | 218 | 243 | 249 | 247 | 251 | 261 | 166 | 166 | 172 | 179 |
Current Assets | -3.7% | 181 | 188 | 216 | 224 | 239 | 243 | 253 | 157 | 157 | 163 | 171 |
Cash Equivalents | -17.5% | 133 | 161 | 188 | 194 | 213 | 223 | 224 | 139 | 141 | 149 | 159 |
Inventory | 5.7% | 14.00 | 13.00 | 13.00 | 12.00 | 11.00 | 10.00 | 8.00 | 8.00 | 8.00 | 7.00 | 5.00 |
Net PPE | -3.4% | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
Goodwill | -0.4% | 10.00 | 10.00 | 10.00 | 9.00 | - | - | - | - | - | - | - |
Liabilities | -3.8% | 36.00 | 38.00 | 52.00 | 53.00 | 46.00 | 44.00 | 46.00 | 44.00 | 40.00 | 38.00 | 40.00 |
Current Liabilities | 8.2% | 20.00 | 19.00 | 19.00 | 19.00 | 15.00 | 14.00 | 15.00 | 13.00 | 11.00 | 9.00 | 11.00 |
LT Debt, Non Current | - | - | - | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 14.00 |
Shareholder's Equity | -3.4% | 174 | 181 | 191 | 197 | 201 | 207 | 215 | 123 | 127 | 133 | 139 |
Retained Earnings | -6.4% | -156 | -146 | -134 | -124 | -118 | -110 | -100 | -97.17 | -92.00 | -84.56 | -78.47 |
Additional Paid-In Capital | 1.0% | 329 | 326 | 324 | 321 | 319 | 317 | 315 | 220 | 219 | 218 | 217 |
Shares Outstanding | 0.8% | 32.00 | 32.00 | 32.00 | 32.00 | 31.00 | 31.00 | 31.00 | 28.00 | 27.00 | 27.00 | 27.00 |
Cashflow (Last 12 Months) | (In Thousands) | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 |
Cashflow From Operations | 8.1% | -28,583 | -31,111 | -20,930 | -25,034 | -23,020 | -19,915 | -29,082 | -17,530 | -6,409 | -2,334 | 4,131 | 2,399 | -12,796 | -12,672 |
Share Based Compensation | 8.5% | 8,768 | 8,084 | 7,207 | 6,076 | 4,867 | 3,454 | 2,504 | 1,938 | 1,210 | 798 | 525 | 291 | 270 | 264 |
Cashflow From Investing | -121.3% | -36,239 | -16,375 | -15,807 | -15,249 | -801 | -1,345 | -737 | -683 | -450 | 73.00 | -9.00 | -12.00 | -368 | -364 |
Cashflow From Financing | -6.1% | -15,200 | -14,332 | 1,179 | 95,300 | 95,612 | 95,421 | 94,725 | 137,376 | 136,898 | 136,623 | 137,192 | 12.00 | 8.00 | 12.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenue | $ 12,094 | $ 11,106 | $ 21,581 | $ 19,412 |
Cost of revenue | 6,300 | 4,472 | 11,403 | 8,649 |
Gross profit | 5,794 | 6,634 | 10,178 | 10,763 |
Operating expenses: | ||||
Research and development | 5,525 | 4,293 | 10,923 | 8,198 |
Selling, general and administrative | 11,208 | 10,710 | 23,211 | 20,455 |
Total operating expenses | 16,733 | 15,003 | 34,134 | 28,653 |
Loss from operations | (10,939) | (8,369) | (23,956) | (17,890) |
Other income: | ||||
Interest income | 1,689 | 293 | 2,706 | 464 |
Interest expense | (15) | (551) | (35) | |
Other expense, net | (167) | (8) | (200) | (53) |
Total other income, net | 1,522 | 270 | 1,955 | 376 |
Loss from operation before income taxes | (9,417) | (8,099) | (22,001) | (17,514) |
Benefit for income taxes | 71 | 122 | ||
Net loss | $ (9,346) | $ (8,099) | $ (21,879) | $ (17,514) |
Net loss per share, basic | $ (0.29) | $ (0.26) | $ (0.68) | $ (0.56) |
Net loss per share, diluted | $ (0.29) | $ (0.26) | $ (0.68) | $ (0.56) |
Weighted average common shares outstanding, basic | 32,199,156 | 31,413,431 | 32,083,122 | 31,312,559 |
Weighted average common shares outstanding, diluted | 32,199,156 | 31,413,431 | 32,083,122 | 31,312,559 |
Product revenue | ||||
Revenue | $ 9,595 | $ 9,082 | $ 16,617 | $ 15,589 |
Cost of revenue | 4,800 | 3,304 | 8,586 | 6,276 |
Service revenue | ||||
Revenue | 2,354 | 1,526 | 4,594 | 3,048 |
Cost of revenue | 1,448 | 1,057 | 2,718 | 2,126 |
Contract revenue | ||||
Revenue | 145 | 498 | 370 | 775 |
Cost of revenue | $ 52 | $ 111 | $ 99 | $ 247 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 132,996 | $ 188,422 |
Marketable securities | 19,691 | 0 |
Accounts receivable, net of allowance for credit losses of $133 and $25 at June 30, 2023 and December 31, 2022 | 10,308 | 10,033 |
Inventory | 14,135 | 12,513 |
Prepaid expenses and other current assets | 3,947 | 4,658 |
Total current assets | 181,077 | 215,626 |
Operating lease, right-of-use assets | 7,136 | 3,956 |
Property and equipment, net | 2,940 | 3,083 |
Goodwill | 10,185 | 10,050 |
Intangible assets, net | 8,162 | 8,488 |
Other long-term assets | 1,330 | 1,384 |
Total assets | 210,830 | 242,587 |
Current liabilities: | ||
Accounts payable | 1,486 | 1,397 |
Accrued expenses | 6,034 | 8,847 |
Deferred revenue | 10,814 | 7,514 |
Operating lease liabilities | 1,860 | 1,468 |
Total current liabilities | 20,194 | 19,226 |
Long-term debt | 15,000 | |
Operating lease liabilities, net of current portion | 4,962 | 3,040 |
Deferred revenue, net of current portion | 8,474 | 11,496 |
Deferred income taxes | 2,585 | 2,671 |
Other long-term liabilities | 156 | 555 |
Total liabilities | 36,371 | 51,988 |
Commitments and contingencies | ||
Stockholders' equity: | ||
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued or outstanding at June 30, 2023 and December 31, 2022, respectively | ||
Common stock, $0.001 par value; 100,000,000 shares authorized; 32,326,861 shares and 31,859,847 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively | 32 | 32 |
Additional paid-in capital | 329,361 | 323,969 |
Accumulated other comprehensive income | 1,144 | 798 |
Accumulated deficit | (156,078) | (134,200) |
Total stockholders' equity | 174,459 | 190,599 |
Total liabilities and stockholders' equity | $ 210,830 | $ 242,587 |