comprehensive Three months ended September Nine months ended September
loss as: 30, 30,
---------------------------- ------------------------------
2024 2023 2024 2023
------------- ------------- ------------- ---------------
Net loss Net loss $ (16,924) $ (27,368) $ (54,391) $ (89,579)
Stock-based R&D, S&M, and
compensation G&A 4,411 6,815 15,794 20,924
Write-downs
and
write-offs of
inventories Cost of revenue 97 -- 97 --
Change in fair Change in fair
value of value of
warrant warrant
liabilities liabilities 1,239 (3,511) 826 (3,924)
Other Other 1,675 9,243 3,639 17,848
Other expense Other income
(income), (expense),
net net (717) 217 (517) 256
----------- ----------- ----------- -----------
Adjusted net loss (10,219) (14,604) (34,552) (54,475)
Interest
income Interest income (1,221) (1,903) (4,023) (5,714)
Interest Interest
expense expense 319 -- 928 --
Provision for Provision for
income taxes income taxes 58 2 78 82
Depreciation Cost of
and revenue, R&D,
amortization S&M, and G&A 2,618 4,027 7,835 8,332
----------- ----------- ----------- -----------
Adjusted EBITDA $ (8,445) $ (12,478) $ (29,734) $ (51,775)
=========== =========== =========== ===========
Adjusted EPS $ (0.05) $ (0.07) $ (0.16) $ (0.27)
Weighted average shares used to
compute adjusted EPS 212,774,085 206,740,234 211,109,792 204,749,108
View source version on businesswire.com: https://www.businesswire.com/news/home/20241101201836/en/
CONTACT: Investors
Heather Getz
Chief Financial and Operations Officer, Butterfly
investors@butterflynetwork.com
(END) Dow Jones Newswires
November 01, 2024 06:30 ET (10:30 GMT)
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