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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Research and development $ 14,969 $ 19,184 $ 29,451 $ 36,568
Selling, general and administrative 18,973 20,541 38,772 42,092
Restructuring   2,128   2,128
Total operating expenses 33,942 41,853 68,223 80,788
Loss from operations (3,836) (11,640) (11,815) (25,786)
Non-operating expense, net:        
Foreign exchange (loss) gain (77) 49 68 (144)
Interest expense (2,330) (2,181) (4,564) (3,793)
Other income, net 412 539 864 926
Total non-operating expense, net (1,995) (1,593) (3,632) (3,011)
Loss before income taxes (5,831) (13,233) (15,447) (28,797)
(Benefit from) provision for income taxes (56) 98 18 175
Net loss (5,775) (13,331) (15,465) (28,972)
Net loss attributable to noncontrolling interest   (56) (2) (78)
Net loss attributable to Cerus Corporation $ (5,775) $ (13,275) $ (15,463) $ (28,894)
Net loss per share attributable to Cerus Corporation        
Basic $ (0.03) $ (0.07) $ (0.08) $ (0.16)
Diluted $ (0.03) $ (0.07) $ (0.08) $ (0.16)
Weighted average shares outstanding:        
Basic 184,982 180,611 183,536 179,449
Diluted 184,982 180,611 183,536 179,449
Product        
Revenue $ 45,079 $ 38,853 $ 83,444 $ 69,827
Cost of revenue 20,413 17,515 37,506 31,202
Gross profit 24,666 21,338 45,938 38,625
Government Contract        
Revenue $ 5,440 $ 8,875 $ 10,470 $ 16,377