ttoo: the income statement

MyFinsight

T2 Biosystems, Inc. (TTOO)

For the quarter ending 2024-09-30, TTOO made $1,985K in revenue. -$10,117K in net income. Net profit margin of -509.67%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2024-09-30
Revenue from contract with customer, excluding assessed tax, total	1,985
Selling, general and administrative expense	5,378
Research and development expense	2,667
Cost of goods and services sold	4,101
Costs and expenses	12,146
Operating income (loss)	-10,161
Other, net	16
Interest expense to related party	370
Change in fair value of derivative warrant liability	321
Change in fair value of derivative related to term loan with related party	77
Total other income (expense)	44
Net loss	-10,117

Basic eps	-0.57
Diluted eps	-0.57
Basic average shares	17,892,606
Diluted average shares	17,892,606

Unit: Thousand (K) dollars (except for numbers of shares and EPS)