ALMR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-11-04

• Americas region, 20% was from the Europe and in the Middle East & Africa (“EMEA”) region and 10% was from the Asia-Pacific (“APAC”) region.

• Comparison of the three months ended September 30, 2026 and 2025

• Gross profit was $20.6 million in the three months ended September 30, 2026, compared to $11.9 million in the three months ended September 30, 2025. Gross margin was 61.5% in the three months ended September 30, 2026, compared to 59.7% in the three months ended September 30, 2025. The increase in gr…

• Selling, general and administrative expense increased by $10.0 million, or 105%, to $19.6 million in the three months ended September 30, 2026, compared to $9.6 million in the three months ended September 30, 2025. The increase was primarily attributable to a $6.7 million increase in salaries and be…

• Interest income, net increased by $1.8 million, or 429%, to $2.2 million in the three months ended September 30, 2026, compared to $0.4 million in the three months ended September 30, 2025. The increase was primarily attributable to higher average invested balances throughout the periods arising fro…

Text removed vs the prior filing · source: 10-Q · 2026-08-11

• Gross profit was $17.7 million in the three months ended June 30, 2026, compared to $8.6 million in the three months ended June 30, 2025. Gross margin was 60% in the three months ended June 30, 2026, compared to 53% in the three months ended June 30, 2025. The increase in gross margin was primarily …

• compensation-related costs and higher consulting costs associated with technology and product development. Compensation-related costs include a $0.6 million increase in stock-based compensation expense.

• Selling, general and administrative expense increased by $9.8 million, or 129%, to $17.4 million in the three months ended June 30, 2026, compared to $7.6 million in the three months ended June 30, 2025. The increase was primarily attributable to a $6.0 million increase in salaries and benefits aris…

• Interest income, net increased by $1.2 million, or 198%, to $1.9 million in the three months ended June 30, 2026, compared to $0.6 million in the three months ended June 30, 2025. The increase was primarily attributable to higher average invested balances throughout the periods arising from IPO proc…

• Interest expense increased by $0.2 million, or 367%, to $0.2 million in the three months ended June 30, 2026, compared to less than $0.1 million in the three months ended June 30, 2025. The increase was primarily attributable to our term loan balance of $10.0 million outstanding under the amended SV…

Text added vs the prior filing · source: 10-Q · 2026-11-04

• We were formed in 2018, launched commercially in January 2024 and have a limited operating history. Our limited

• matters, including any reserves taken in connection therewith, will be consistent with the ultimate outcome of such matters. In addition, the resolution of any intellectual property litigation may require us to stop developing, making, selling or using products or technologies that allegedly infring…

• existing and potential customers may be driven away from our products, which could harm our business, financial condition and results of operations.

• successfully implemented or that equipment, manufacturing and warehouse space and appropriate personnel will be available or that they will realize their intended benefits. As we develop additional products, we may need to bring new equipment online, implement new systems, technology, controls and p…

• acceptable substitutes for our single-source suppliers could materially adversely affect our business, financial condition and results of operations.

Text removed vs the prior filing · source: 10-Q · 2026-08-11

• We were formed in 2018, launched commercially in January 2024 and have a limited operating history. Our limited commercial history makes it difficult to evaluate our current business and makes predictions about our future results,

• intellectual property right or pay substantial damages or royalty payments, which could adversely affect our revenue and gross margin in future periods. If any of the foregoing were to occur, our business, financial condition, results of operations, cash flows, prospects, or market price of our comm…

• qualifications. Our ability to increase our manufacturing capacity at our Fremont, California is complicated by the use of our validated equipment model that is not readily available from third-party manufacturer.

• Additionally, we have not qualified secondary sources for all materials or components that we source through a single

• Disruptions or other performance problems with our products, services or software may adversely impact our customers’ research or business, harm our reputation and result in reduced revenue or increased costs associated with product repairs or replacements. Additionally, any errors or defects in our…

Text added vs the prior filing · source: 10-Q · 2026-11-04

• During the three months ended September 30, 2026, the following directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) of the Company adopted a “Rule 10b5-1 trading arrangement,” as defined in Item 408(a) of Regulation S-K, that is intended to satisfy the affirmative defense of …

• Yuling Luo, Ph.D., Co-Founder, Chief Executive Officer and Chair of the Board

• Shiping Chen, Ph.D., Co-Founder, Chief Operating Officer and Director

• * A contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.

• ** A “non-Rule 10b5-1 trading arrangement,” as defined in Item 408(c) of Regulation S-K.

Text removed vs the prior filing · source: 10-Q · 2026-08-11

• During the three months ended June 30, 2026 none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated any “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Item 408 of Regulation S-K.

• The information set forth below is included herein for purposes of providing disclosure under various items of Form 8-K.