908 Devices Inc. (MASS) Financial Statements (2026 and earlier)

Company Profile

Business Address 44 THIRD AVENUE
BURLINGTON, MA 01803
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3829 - Measuring and Controlling Devices, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments112,97069,600145,682188,422224,073
Cash and cash equivalent70,51744,032121,041188,422224,073
Short-term investments42,45325,56824,641  
Restricted cash and investments    6060
Receivables11,32712,6278,98910,03316,375
Inventory, net of allowances, customer advances and progress billings12,99016,17314,93812,5137,918
Inventory12,99016,17314,93812,5137,918
Other undisclosed current assets7,2724,6554,1814,5984,467
Total current assets:144,559103,055173,790215,626252,893
Noncurrent Assets
Operating lease, right-of-use asset4,3976,9106,2333,9565,182
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization4,2323,4213,3423,0831,603
Intangible asset, including goodwill, after accumulated amortization36,41245,26118,22718,538 
Goodwill   10,36710,050 
Intangible asset, excluding goodwill, after accumulated amortization36,41245,2617,8608,488 
Other noncurrent assets4718291,3891,3841,228
Total noncurrent assets:45,51256,42129,19126,9618,013
TOTAL ASSETS:190,071159,476202,981242,587260,906
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8,42411,1599,90410,2448,332
Accounts payable1,5862,0631,1911,3971,371
Accrued liabilities6,8389,0968,7138,8476,961
Deferred revenue8,93412,12510,6297,5145,160
Restructuring reserve  100   
Business combination, contingent consideration, liability16,025    
Other undisclosed current liabilities6811,7652,0161,4681,344
Total current liabilities:34,06425,14922,54919,22614,836
Noncurrent Liabilities
Long-term debt and lease obligation    15,00019,508
Long-term debt, excluding current maturities    15,00015,000
Liabilities, other than long-term debt12,30819,73514,94117,76211,958
Deferred revenue8,33110,6798,57111,49611,958
Deferred income tax liabilities  2,0302,4412,671 
Other liabilities302,284 555 
Operating lease, liability3,9474,7423,9293,0404,508
Total noncurrent liabilities:12,30819,73514,94132,76231,466
Total liabilities:46,37244,88437,49051,98846,302
Equity
Equity, attributable to parent143,699114,592165,491190,599214,604
Common stock3635333231
Additional paid in capital366,925356,216334,692323,969315,210
Accumulated other comprehensive income541,1461,365798 
Accumulated deficit(223,316)(242,805)(170,599)(134,200)(100,637)
Total equity:143,699114,592165,491190,599214,604
TOTAL LIABILITIES AND EQUITY:190,071159,476202,981242,587260,906

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues56,19759,63150,22946,85242,206
Cost of revenue(27,774)(29,775)(24,907)(20,829)(18,973)
Gross profit:28,42329,85625,32226,02323,233
Operating expenses(67,844)(106,574)(68,080)(61,405)(45,302)
Operating loss:(39,421)(76,718)(42,758)(35,382)(22,069)
Nonoperating income (expense)6,0784,2306,1481,819(100)
Investment income, nonoperating4,1364,4946,4802,031 
Other nonoperating income (expense)(346)(264)(131)(83)386
Interest and debt expense   (192)(47)(664)
Loss from continuing operations before equity method investments, income taxes:(33,343)(72,488)(36,802)(33,610)(22,833)
Other undisclosed income from continuing operations before income taxes   192  
Loss from continuing operations before income taxes:(33,343)(72,488)(36,610)(33,610)(22,833)
Income tax benefit66282211129 
Loss from continuing operations:(33,277)(72,206)(36,399)(33,481)(22,833)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(22,833)
Other undisclosed net income (loss)52,766  (82)664
Net income (loss):19,489(72,206)(36,399)(33,563)(22,169)
Other undisclosed net loss attributable to parent     
Net income (loss) available to common stockholders, diluted:19,489(72,206)(36,399)(33,563)(22,169)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net income (loss):19,489(72,206)(36,399)(33,563)(22,169)
Comprehensive income (loss):19,489(72,206)(36,399)(33,563)(22,169)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,092)(219)567798 
Comprehensive income (loss), net of tax, attributable to parent:18,397(72,425)(35,832)(32,765)(22,169)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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