MASS · XBRL financial data

908 Devices financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal years (MASS's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue from contracts with customers42,20646,85250,22959,63156,197
Cost of revenue18,97320,82924,90729,77527,774
Gross profit23,23326,02325,32229,85628,423
Research and development13,06717,52621,90425,49515,575
Selling, general and administrative32,23543,87946,17653,63638,528
Total operating expenses45,30261,40568,080106,57467,844
Operating income (loss)(22,069)(35,382)(42,758)(76,718)(39,421)
Interest expense486129201——
Other income (expense)386(83)(131)(264)(346)
Income tax expense (benefit)—0(211)(282)(66)
Net income (loss)(22,169)(33,563)(36,399)(72,206)19,489
Earnings per share, basic USD per share(0.79)(1.07)(1.13)(2.12)0.54
Earnings per share, diluted USD per share(0.79)(1.07)(1.13)(2.12)0.54
Weighted average shares, basic thousands of shares27,95831,49332,23934,07635,899
Weighted average shares, diluted thousands of shares27,95831,49332,23934,07635,899

Balance sheet

CSV

Fiscal years (MASS's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Cash and cash equivalents224,073188,422121,04144,03270,517
Marketable securities—024,64125,56842,453
Accounts receivable16,37510,0338,98912,62711,327
Inventory7,91812,51314,93816,17312,990
Prepaid and other current assets4,5274,6584,1814,6557,272
Total current assets252,893215,626173,790103,055144,559
Property and equipment, net1,6033,0833,3423,4214,232
Right-of-use asset5,1823,9566,2336,9104,397
Goodwill—10,05010,36700
Total assets260,906242,587202,981159,476190,071
Accounts payable1,3711,3971,1912,0631,586
Accrued liabilities6,9618,8478,7139,0966,838
Total current liabilities14,83619,22622,54925,14934,064
Long-term debt15,00015,000———
Lease liability, non-current4,5083,0403,9294,7423,947
Total liabilities46,30251,98837,49044,88446,372
Accumulated deficit(100,637)(134,200)(170,599)(242,805)(223,316)
Total stockholders' equity214,604190,599165,491114,592143,699
Total liabilities and equity260,906242,587202,981159,476190,071
Common shares outstanding (cover page) thousands of shares31,23432,04732,91035,33037,380

Cash flows

CSV

Fiscal years (MASS's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Net income (loss)(22,169)(33,563)(36,399)(72,206)19,489
Stock-based compensation2,5047,2079,78711,7639,845
Depreciation and amortization9251,6142,3844,6824,465
Net cash from operating activities(29,082)(20,930)(25,059)(30,247)(23,688)
Purchases of property and equipment7372,0452,045602955
Net cash from investing activities(737)(15,807)(26,400)(46,321)50,747
Net cash from financing activities94,7251,179(15,935)(376)(697)
Net change in cash64,906(35,540)(67,381)(77,009)26,389

Compare with peers

SIC 3826 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 3826 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($K)Revenue, quarter ($K)Operating cash flow, quarter ($K)Shares outstandingRunwayQuarter
908 Devices63,01916,0743,171*41.3M— 10-QJun 30, 2026
Quanterix44,16932,906(5,119)*47.3M18.3 quarters 10-QJun 30, 2026
Frequency Electronics61,40723,4512,62211.3M— 10-QJul 31, 2026
Quantum-Si23,653344(18,444)*not reported6.1 quarters 10-QJun 30, 2026
Seer26,0753,102(9,571)*55.4M16.0 quarters 10-QJun 30, 2026
Alamar Biosciences132,96929,427(11,322)*69.4M22.1 quarters 10-QJun 30, 2026
Mesa Laboratories30,69560,13814,7365.6M— 10-QJun 30, 2026
Rapid Micro Biosystems14,6878,054(12,702)*not reported1.6 quarters 10-QJun 30, 2026
Pacific Biosciences of California61,00339,007(35,583)*310.8M6.7 quarters 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.