908 Devices Inc. financial data

Symbol
MASS on Nasdaq
Industry
Measuring & Controlling Devices, NEC
Location
645 Summer Street, Boston, MA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 729 % -30.5%
Quick Ratio 76.6 % +14.2%
Debt-to-equity 24.9 % +3.15%
Return On Equity -23.4 % -14.6%
Return On Assets -18.8 % -13.9%
Operating Margin -85.5 % -1.14%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.7M shares +7.18%
Common Stock, Shares, Outstanding 34.6M shares +7.13%
Entity Public Float 166M USD -65.1%
Common Stock, Value, Issued 35K USD +9.38%
Weighted Average Number of Shares Outstanding, Basic 34.1M shares +5.79%
Weighted Average Number of Shares Outstanding, Diluted 34.1M shares +5.79%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 52.7M USD +7.48%
Cost of Revenue 25.1M USD +6.52%
Research and Development Expense 23.2M USD +14.3%
Operating Income (Loss) -45.1M USD -8.69%
Nonoperating Income (Expense) 6.79M USD +96.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -38.3M USD -34%
Income Tax Expense (Benefit) -69K USD +2.82%
Net Income (Loss) Attributable to Parent -38M USD -0.16%
Earnings Per Share, Basic -1.15 USD/shares +3.36%
Earnings Per Share, Diluted -1.15 USD/shares +3.36%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 46.8M USD -64.8%
Marketable Securities, Current 30.6M USD +55.3%
Accounts Receivable, after Allowance for Credit Loss, Current 11M USD +6.59%
Inventory, Net 18.6M USD +31.5%
Assets, Current 110M USD -39%
Property, Plant and Equipment, Net 3.56M USD +21%
Operating Lease, Right-of-Use Asset 5.9M USD -17.3%
Intangible Assets, Net (Excluding Goodwill) 47.3M USD +479%
Goodwill 40.2M USD +295%
Other Assets, Noncurrent 1.35M USD +1.65%
Assets 209M USD -0.98%
Accounts Payable, Current 1.97M USD +32.8%
Employee-related Liabilities, Current 3.03M USD +20.8%
Accrued Liabilities, Current 5.64M USD -6.6%
Contract with Customer, Liability, Current 12M USD +10.5%
Liabilities, Current 21.7M USD +7.54%
Contract with Customer, Liability, Noncurrent 9.53M USD +12.4%
Deferred Income Tax Liabilities, Net 2.23M USD -13.7%
Operating Lease, Liability, Noncurrent 3.44M USD -30.7%
Other Liabilities, Noncurrent 15.5M USD +9836%
Liabilities 52.4M USD +44.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax 858K USD -25%
Retained Earnings (Accumulated Deficit) -194M USD -24.3%
Stockholders' Equity Attributable to Parent 156M USD -10.4%
Liabilities and Equity 209M USD -0.98%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -9.36M USD +12.1%
Net Cash Provided by (Used in) Financing Activities -1.3M USD +91.6%
Net Cash Provided by (Used in) Investing Activities -5.78M USD -388%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 34.6M shares +7.13%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -16.4M USD +39.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 47M USD -64.7%
Deferred Tax Assets, Valuation Allowance 52.8M USD +21.4%
Deferred Tax Assets, Gross 54.3M USD +21.9%
Operating Lease, Liability 5.59M USD -18%
Payments to Acquire Property, Plant, and Equipment 903K USD -23.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -38.3M USD -4.05%
Lessee, Operating Lease, Liability, to be Paid 6.71M USD -17.3%
Property, Plant and Equipment, Gross 9.29M USD +19.1%
Operating Lease, Liability, Current 2.15M USD +15.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 650K USD -67.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.07M USD -14.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -70K USD -40%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.11M USD -13.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 675K USD +16.4%
Deferred Tax Assets, Operating Loss Carryforwards 27.2M USD +17.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 608K USD +2.36%
Operating Lease, Payments 629K USD
Additional Paid in Capital 350M USD +6.12%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 1.35M USD +216%
Depreciation, Depletion and Amortization 1.33M USD +109%
Share-based Payment Arrangement, Expense 10.8M USD +23%
Interest Expense -350K USD -1161%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%