| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Net revenue | 11,756 | 11,013 | ||
| Cost of goods sold | 2,795 | 2,620 | ||
| Gross profit | 8,961 | 8,393 | ||
| Selling, general and administrative expenses | 15,077 | 12,849 | ||
| Research and development expenses | 1,525 | 1,406 | ||
| Operating loss | -7,641 | -5,862 | ||
| Interest expense, net | 78 | 216 | ||
| Change in fair value of convertible notes, net | 2,217 | - | ||
| Change in fair value of series e purchase option | 0 | 11,719 | ||
| Other expense (income), net | 1,207 | -1,399 | ||
| Total other expense | -1,088 | -13,334 | ||
| Loss before income tax expense | -8,729 | -19,196 | ||
| Income tax expense | 0 | 0 | ||
| Net loss | -8,729 | -19,196 | ||
| Unrealized gain (loss) on marketable securities | -43 | 1 | ||
| Total other comprehensive loss (income), net | -43 | 1 | ||
| Comprehensive loss | -8,772 | -19,195 | ||
| Net loss per share (in dollars per share) | -0.64 | -165.53 | ||
| Net loss per share (in dollars per share) | -0.64 | -165.53 | ||
| Weighted average common shares outstanding basic (in shares) | 13,604,556 | 115,965 | ||
| Weighted average common shares outstanding diluted (in shares) | 13,604,556 | 115,965 | ||
SHOULDER INNOVATIONS, INC. (SI)
SHOULDER INNOVATIONS, INC. (SI)