CERUS CORP

For the period ended Dec 31, 2023. Filed Mar 5, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 5, 2024

CERS$2.07+2.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

	Year Ended December 31,
	2023	2022	2021
Product revenue	$156,367	$162,048	$130,859
Cost of product revenue	69,967	74,954	63,475
Gross profit on product revenue	86,400	87,094	67,384
Government contract revenue	30,430	26,267	28,659
Operating expenses:
Research and development	67,639	64,107	63,691
Selling, general and administrative	75,516	83,335	81,288
Restructuring	3,728	—	—
Total operating expenses	146,883	147,442	144,979
Loss from operations	(30,053)	(34,081)	(48,936)
Non-operating expense, net:
Foreign exchange loss	(648)	(690)	(572)
Interest expense	(8,386)	(5,831)	(4,923)
Other income (expense), net	1,765	(1,735)	374
Total non-operating expense, net	(7,269)	(8,256)	(5,121)
Loss before income taxes	(37,322)	(42,337)	(54,057)
Provision for income taxes	325	488	319
Net loss	(37,647)	(42,825)	(54,376)
Net loss attributable to noncontrolling interest	(158)	(46)	(2)
Net loss attributable to Cerus Corporation	$(37,489)	$(42,779)	$(54,374)
Net loss per share attributable to Cerus Corporation
Basic and diluted	$(0.21)	$(0.24)	$(0.32)
Weighted average shares outstanding:
Basic and diluted	180,270	176,545	171,279

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.