MASS
Income statement / Annual
Last year (2023), 908 Devices Inc.'s total revenue was $50.23 M,
an increase of 7.21% from the previous year.
In 2023, 908 Devices Inc.'s net income was -$36.40 M.
See 908 Devices Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$50.23 M
|
$46.85 M
|
$42.21 M
|
$26.89 M
|
$17.97 M
|
$22.05 M
|
| Cost of Revenue |
$24.91 M |
$20.83 M |
$18.97 M |
$11.97 M |
$9.83 M |
$9.66 M |
| Gross Profit |
$25.32 M |
$26.02 M |
$23.23 M |
$14.92 M |
$8.14 M |
$12.39 M |
| Gross Profit Ratio |
0.5 |
0.56 |
0.55 |
0.55 |
0.45 |
0.56 |
| Research and Development
Expenses |
$21.90 M
|
$17.53 M
|
$13.07 M
|
$8.24 M
|
$8.99 M
|
$9.53 M
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$46.18 M
|
$43.88 M
|
$32.24 M
|
$12.50 M
|
$11.29 M
|
$9.30 M
|
| Other Expenses |
$0.00 |
$1.82 M |
$386,000.00 |
-$6.03 M |
$301,000.00 |
$50,000.00 |
| Operating Expenses |
$68.08 M |
$61.41 M |
$45.30 M |
$20.74 M |
$20.29 M |
$18.83 M |
| Cost And Expenses |
$92.99 M |
$82.23 M |
$64.28 M |
$32.71 M |
$30.12 M |
$28.49 M |
| Interest Income |
$6.48 M |
$2.03 M |
$500,000.00 |
$100,000.00 |
$200,000.00 |
$0.00 |
| Interest Expense |
$201,000.00 |
$129,000.00 |
$486,000.00 |
$976,000.00 |
$1.53 M |
$1.15 M |
| Depreciation &
Amortization |
$2.38 M
|
$1.61 M
|
$925,000.00
|
$831,000.00
|
$900,000.00
|
$896,000.00
|
| EBITDA |
-$34.03 M
|
-$31.82 M
|
-$20.94 M
|
-$11.01 M
|
-$10.94 M
|
-$5.49 M
|
| EBITDA Ratio |
-0.68 |
-0.76 |
-0.51 |
-0.44 |
-0.61 |
-0.25 |
| Operating Income Ratio
|
-0.85
|
-0.76
|
-0.52
|
-0.22
|
-0.68
|
-0.29
|
| Total Other
Income/Expenses Net |
$6.15 M
|
$1.82 M
|
-$100,000.00
|
-$7.00 M
|
-$1.23 M
|
-$1.10 M
|
| Income Before Tax |
-$36.61 M |
-$33.56 M |
-$22.17 M |
-$12.82 M |
-$13.37 M |
-$7.54 M |
| Income Before Tax Ratio
|
-0.73
|
-0.72
|
-0.53
|
-0.48
|
-0.74
|
-0.34
|
| Income Tax Expense |
-$211,000.00 |
-$1.82 M |
-$53,000.00 |
-$5.88 M |
$1.83 M |
$50,000.00 |
| Net Income |
-$36.40 M |
-$31.74 M |
-$22.12 M |
-$6.94 M |
-$15.20 M |
-$7.54 M |
| Net Income Ratio |
-0.72 |
-0.68 |
-0.52 |
-0.26 |
-0.85 |
-0.34 |
| EPS |
-1.13 |
-1.01 |
-0.79 |
-0.25 |
-0.58 |
-0.4 |
| EPS Diluted |
-1.13 |
-1.01 |
-0.79 |
-0.25 |
-0.58 |
-0.4 |
| Weighted Average Shares
Out |
$32.21 M
|
$31.49 M
|
$27.96 M
|
$27.27 M
|
$26.20 M
|
$18.98 M
|
| Weighted Average Shares
Out Diluted |
$32.24 M
|
$31.49 M
|
$27.96 M
|
$27.27 M
|
$26.20 M
|
$18.98 M
|
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