Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 191,200,000 $ 160,900,000 $ 570,500,000 $ 499,900,000
Cost of revenues:        
Total cost of revenues 110,400,000 91,100,000 322,600,000 286,800,000
Gross profit 80,800,000 69,800,000 247,900,000 213,100,000
Operating expenses:        
Selling, general and administrative 83,700,000 89,400,000 252,800,000 271,300,000
Research and development 7,900,000 8,000,000.0 23,900,000 22,500,000
Goodwill impairment 0 0 0 55,200,000
Loss on disposal of business 300,000 0 6,500,000 0
Total operating expenses 91,900,000 97,400,000 283,200,000 349,000,000.0
Loss from operations (11,100,000) (27,600,000) (35,300,000) (135,900,000)
Other expense (income):        
Interest expense 15,500,000 13,100,000 46,100,000 29,400,000
Interest income (1,300,000) 0 (3,400,000) 0
Loss on debt extinguishment 0 0 2,600,000 0
Foreign currency loss, net 1,500,000 3,100,000 1,000,000.0 7,900,000
Increase (decrease) in fair value of warrant liabilities (12,800,000) 12,000,000.0 6,300,000 (27,500,000)
Other income, net (300,000) (400,000) (600,000) (500,000)
Loss before income taxes (13,700,000) (55,400,000) (87,300,000) (145,200,000)
Benefit from income taxes (800,000) (5,000,000.0) (3,100,000) (16,500,000)
Net loss (12,900,000) (50,400,000) (84,200,000) (128,700,000)
Loss attributable to noncontrolling interests (800,000) (3,300,000) (2,500,000) (5,300,000)
Net loss attributable to Mirion Technologies, Inc. $ (12,100,000) $ (47,100,000) $ (81,700,000) $ (123,400,000)
Net loss per common share attributable to Mirion Technologies, Inc. — basic (in dollars per share) $ (0.06) $ (0.26) $ (0.42) $ (0.68)
Net loss per common share attributable to Mirion Technologies, Inc. — diluted (in dollars per share) $ (0.06) $ (0.26) $ (0.42) $ (0.68)
Weighted average common shares outstanding — basic (in shares) 199,223 181,333 195,388 181,058
Weighted average common shares outstanding — diluted (in shares) 199,223 181,333 195,388 181,058
Product        
Revenues:        
Total revenues $ 142,600,000 $ 117,100,000 $ 421,600,000 $ 364,400,000
Cost of revenues:        
Total cost of revenues 84,800,000 67,100,000 243,400,000 215,600,000
Service        
Revenues:        
Total revenues 48,600,000 43,800,000 148,900,000 135,500,000
Cost of revenues:        
Total cost of revenues $ 25,600,000 $ 24,000,000.0 $ 79,200,000 $ 71,200,000