Company: INSP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001609550-25-000053
Chunk: 42

Company: Inspire Medical Systems, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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285 Reconciliation of profit or lossAdjustments and reconciling items— — — — Consolidated net income$9,932 $18,497 $9,332 $18,285 (a) The significant expense categories and amounts align with the segment-level information that is regularly provided to our chief operating decision maker.

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Table of ContentsINSPIRE MEDICAL SYSTEMS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS (Unaudited) (Table amounts in thousands, except share and per share amounts)

(b) Other income represents the consolidated amounts for interest and dividend income, interest expense, and other expense, net, as shown on our consolidated statements of operations and comprehensive income. For the three-month periods ended September 30, 2025 and 2024, depreciation and amortization expense was $3.7 million and $1.9 million, respectively, and for the nine-month periods ended September 30, 2025 and 2024, depreciation and amortization expense was $10.1 million and $4.1 million, respectively, and is included within the segment expense captions of cost of goods sold, research and development expense, and selling, general and administrative ("SG&A") expense. For the three-month periods ended September 30, 2025 and 2024, stock-based compensation expense was $29.5 million and $28.2 million, respectively, and for the nine-month periods ended September 30, 2025 and 2024, stock-based compensation expense was $102.2 million and $86.9 million, respectively, and is included within the segment expense captions of cost of goods sold, research and development expense, and SG&A expense. Revenue by geographic region is as follows: Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024United States$214,394 $195,828 $615,150 $539,407 All other countries10,107 7,363 27,754 23,679 Total revenue$224,501 $203,191 $642,904 $563,086 Long-lived tangible assets by geographic location were as follows:September 30, 2025December 31, 2024United States$90,661 $71,008 All other countries845 917 Total long-lived tangible assets$91,506 $71,925