Company: CSTL
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001447362-25-000069
Chunk: 1

Company: CASTLE BIOSCIENCES INC
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 1
Chunk 1
---
2024, respectively29 28 Additional paid-in capital666,120 655,703 Accumulated deficit(225,974)(200,126)Accumulated other comprehensive income131 230 Total stockholders’ equity440,306 455,835 Total liabilities and stockholders’ equity$501,715 $531,235 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.1

Table of Contents

CASTLE BIOSCIENCES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

(in thousands, except per share data)

Three Months EndedMarch 31,20252024NET REVENUES$87,988 $72,974 OPERATING EXPENSESCost of sales (exclusive of amortization of acquired intangible assets)16,383 13,894 Research and development12,588 13,809 Selling, general and administrative58,620 48,495 Amortization of acquired intangible assets28,325 2,247 Total operating expenses, net115,916 78,445 Operating loss(27,928)(5,471)Interest income3,099 2,996 Changes in fair value of trading securities(1,425)— Interest expense(17)(14)Loss before income taxes(26,271)(2,489)Income tax (benefit) expense(423)45 Net loss$(25,848)$(2,534)Loss per share, basic and diluted$(0.90)$(0.09)Weighted-average shares outstanding, basic and diluted28,609 27,485 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.2

Table of Contents

CASTLE BIOSCIENCES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(UNAUDITED)

(in thousands)

Three Months EndedMarch 31,20252024Net loss$(25,848)$(2,534)Other comprehensive loss:Net unrealized loss on marketable investment securities(99)(247)Comprehensive loss$(25,947)$(2,781)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.3

Table of ContentsCASTLE BIOSCIENCES, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(UNAUDITED)(in thousands, except