v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 1,163 $ 976 $ 1,991 $ 1,977
Operating expenses:        
Cost of revenue 1,563 1,614 3,114 3,269
Sales and marketing 4,007 4,210 8,076 8,404
General and administrative 5,617 4,867 11,779 8,937
Amortization of acquired intangible assets 105 105 210 477
Research and development 1,255 1,372 2,683 2,873
Total operating expenses 12,547 12,168 25,862 23,960
Operating loss (11,384) (11,192) (23,871) (21,983)
Other income (expense):        
Interest income 110 107 176 175
Interest expense (6) (6) (14) (18)
Change in fair value - Senior Secured Convertible Note 6,841 599 (7,638) 890
Debt extinguishments loss - Senior Secured Convertible Note (513) (681)
Other income (expense), net 6,945 187 (7,476) 366
Loss before provision for income tax (4,439) (11,005) (31,347) (21,617)
Provision for income taxes
Net loss attributable to Lucid Diagnostics Inc. (4,439) (11,005) (31,347) (21,617)
Less: Deemed dividend on Series A and Series A-1 Convertible Preferred Stock (7,496)
Less: Series B and Series B-1 Convertible Preferred Stock dividends earned (3,449) (12,559)
Net loss attributable to Lucid Diagnostics Inc. common stockholders $ (7,888) $ (11,005) $ (43,906) $ (29,113)
Net loss per share attributable to Lucid Diagnostics Inc. common stockholders - basic [1] $ (0.08) $ (0.23) $ (0.52) $ (0.62)
Net loss per share attributable to Lucid Diagnostics Inc. common stockholders - diluted [1] $ (0.08) $ (0.23) $ (0.52) $ (0.62)
Weighted average common shares outstanding, basic 98,989,161 48,212,040 83,976,182 46,613,362
Weighted average common shares outstanding, diluted 98,989,161 48,212,040 83,976,182 46,613,362
[1] - Convertible Preferred Stock would potentially be considered a participating security under the two-class method of calculating net loss per share. However, the Company has incurred net losses to-date, and as such holders are not contractually obligated to share in the losses, there is no impact on the Company’s net loss per share calculation for the periods indicated.