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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating expenses:        
Research and development $ 14,013 $ 16,783 $ 43,464 $ 53,351
Selling, general and administrative 17,786 16,155 56,558 58,247
Restructuring   1,600   3,728
Total operating expenses 31,799 34,538 100,022 115,326
Loss from operations (961) (5,243) (12,776) (31,029)
Non-operating expense, net:        
Foreign exchange (loss) gain (241) 166 (173) 22
Interest expense (2,260) (2,364) (6,824) (6,157)
Other income, net 604 233 1,468 1,159
Total non-operating expense, net (1,897) (1,965) (5,529) (4,976)
Loss before income taxes (2,858) (7,208) (18,305) (36,005)
Provision for income taxes 76 78 94 253
Net loss (2,934) (7,286) (18,399) (36,258)
Net loss attributable to noncontrolling interest   (19) (2) (97)
Net loss attributable to Cerus Corporation $ (2,934) $ (7,267) $ (18,397) $ (36,161)
Net loss per share attributable to Cerus Corporation        
Basic $ (0.02) $ (0.04) $ (0.1) $ (0.2)
Diluted $ (0.02) $ (0.04) $ (0.1) $ (0.2)
Weighted average shares outstanding:        
Basic 185,424 180,938 184,170 179,950
Diluted 185,424 180,938 184,170 179,950
Product        
Revenue $ 46,017 $ 39,772 $ 129,461 $ 109,599
Cost of revenue 19,818 17,956 57,324 49,158
Gross profit 26,199 21,816 72,137 60,441
Government Contract        
Revenue $ 4,639 $ 7,479 $ 15,109 $ 23,856