RAPID MICRO BIOSYSTEMS, INC.
Business
Rapid Micro Biosystems is a life sciences technology company providing automated microbial quality control solutions to pharmaceutical manufacturers. The company's flagship Growth Direct platform automates and digitizes microbial quality control testing—replacing manual colony counting with robotic sample handling, automated incubation, and proprietary vision-based detection algorithms. The platform serves environmental monitoring, water testing, bioburden, and sterility release applications across biologics, cell and gene therapy, vaccine, and sterile injectable manufacturing. The company sells Growth Direct systems, proprietary consumables, LIMS integration software, and validation and support services directly to customers globally and through distribution partners.
Summary from 10-K filed 2026-03-12
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 34 | 28 | 23 | 17 | 23 | |
| Research and development | 14 | 15 | 13 | 13 | 10 | |
| Sales and marketing | 12 | 13 | 13 | 15 | 12 | |
| General and administrative | 23 | 22 | 25 | 27 | 18 | |
| Total costs and operating expenses | 81 | 78 | 79 | 80 | 70 | |
| Loss from operations | −47 | −50 | −57 | −63 | −47 | |
| Interest income | 2 | 3 | — | — | — | |
| Interest expense | −1 | −40,000 | — | — | — | |
| Other expense, net | −110,000 | −112,000 | −83,000 | 59,000 | −850,000 | |
| Total other income, net | 309,000 | 3 | 4 | 2 | −26 | |
| Loss before income taxes | −47 | −47 | −52 | −61 | −73 | |
| Income tax expense | 40,000 | 22,000 | 31,000 | −576,000 | 91,000 | |
| Net loss | −47 | −47 | −52 | −61 | −74 | |
| Net loss per share basic (in dollars per share) | −1.05 | −1.08 | −1.22 | −1.43 | −3.94 | |
| Net loss per share diluted (in dollars per share) | −1.05 | −1.08 | −1.22 | −1.43 | −3.94 | |
| Weighted average common shares outstanding - basic (in shares) | 45 | 44 | 43 | 42 | 20 | |
| Weighted average common shares outstanding - diluted (in shares) | 45 | 44 | 43 | 42 | 20 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 20 | 17 | 24 | 27 | 178 | |
| Short-term investments | 18 | 34 | 68 | 82 | 15 | |
| Accounts receivable | 3 | 8 | 6 | 5 | 5 | |
| Inventory, net | 18 | 20 | 20 | 21 | 16 | |
| Prepaid expenses and other current assets | 2 | 2 | 3 | 3 | 4 | |
| Total current assets | 61 | 81 | 120 | 139 | 218 | |
| Property and equipment, net | 9 | 11 | 13 | 14 | 11 | |
| Right-of-use assets | 4 | 5 | 6 | 7 | — | |
| Other long-term assets | 319,000 | 531,000 | 770,000 | 1 | 1 | |
| Restricted cash | 300,000 | 400,000 | 300,000 | 300,000 | 300,000 | |
| Total assets | 75 | 98 | 143 | 191 | 241 | |
| Accounts payable | 4 | 3 | 2 | 5 | 4 | |
| Accrued expenses and other current liabilities | 8 | 7 | 10 | 8 | 11 | |
| Deferred revenue | 5 | 7 | 6 | 5 | 3 | |
| Lease liabilities, short-term | 1 | 1 | 1 | 766,000 | — | |
| Total current liabilities | 18 | 18 | 19 | 19 | 18 | |
| Notes payable, net | 19 | 0 | — | — | — | |
| Warrant liability | 186,000 | 0 | — | — | — | |
| Lease liabilities, long-term | 4 | 5 | 6 | 7 | — | |
| Other long-term liabilities | 397,000 | 298,000 | 263,000 | 229,000 | 1 | |
| Total liabilities | 42 | 23 | 25 | 26 | 20 | |
| Commitments and contingencies (Note 14) | — | — | — | — | — | |
| Preferred stock | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 555 | 550 | 546 | 541 | 536 | |
| Accumulated deficit | −522 | −475 | −428 | −376 | −315 | |
| Accumulated other comprehensive income | 11,000 | 39,000 | −101,000 | −1 | −16,000 | |
| Total stockholders equity | 33 | 75 | 118 | 164 | 221 | |
| Total liabilities and stockholders equity | 75 | 98 | 143 | 191 | 241 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense | 3 | 3 | 3 | 3 | 2 | |
| Noncash interest expense | 97,000 | 0 | — | — | — | |
| Stock-based compensation expense | 4 | 4 | 5 | 4 | 2 | |
| Provision for excess & obsolete inventory | 1 | 95,000 | 34,000 | 326,000 | 60,000 | |
| Noncash lease expense | 1 | 1 | — | — | — | |
| Gain on revaluation of warrant liability | −131,000 | 0 | — | — | 20 | |
| Accretion on investments | 351,000 | −1 | −2 | −662,000 | −3,000 | |
| Other | 34,000 | 34,000 | 34,000 | −107,000 | 14,000 | |
| Accounts receivable | 4 | −2 | −163,000 | −364,000 | −17,000 | |
| Inventory | 1 | −335,000 | 1 | −6 | −7 | |
| Prepaid expenses and other current assets | 320,000 | 403,000 | 272,000 | 578,000 | −1 | |
| Other long-term assets | 64,000 | −150,000 | 5,000 | 179,000 | −851,000 | |
| Accounts payable | 2 | 562,000 | −3 | 1 | −524,000 | |
| Accrued expenses and other current liabilities | 28,000 | −4 | 1 | −3 | 2 | |
| Other long-term liabilities | 64,000 | 0 | — | 0 | −30,000 | |
| Deferred revenue | −2 | 626,000 | 1 | 1 | −1 | |
| Net cash used in operating activities | −31 | −44 | −45 | −59 | −55 | |
| Purchases of property and equipment | −850,000 | −1 | −2 | −7 | −3 | |
| Purchases of investments | −27 | −35 | −62 | −179 | −25 | |
| Sales of investments | 3 | 4 | 0 | — | — | |
| Maturity of investments | 40 | 69 | 106 | 93 | 15 | |
| Net cash provided by investing activities | 14 | 37 | 42 | −93 | −13 | |
| Proceeds from issuance of Class A common stock - stock option exercise | 491,000 | 7,000 | 6,000 | 566,000 | 403,000 | |
| Proceeds from issuance of Class A common stock - employee stock purchase plan | 162,000 | 231,000 | 180,000 | 160,000 | 0 | |
| Proceeds from issuance of debt | 20 | 0 | — | — | — | |
| Payments of debt issuance costs | −878,000 | 0 | — | — | — | |
| Issuance of Class A common stock under the ATM offering | 445,000 | 0 | — | — | — | |
| Tax withholding on settlement of restricted stock units | −419,000 | 0 | — | — | — | |
| Payments on finance lease obligations | −30,000 | −35,000 | −37,000 | −33,000 | — | |
| Net cash provided by financing activities | 20 | 203,000 | 149,000 | 693,000 | 217 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 3 | −7 | −3 | −151 | 148 | |
| Cash paid for interest | 770,000 | 40,000 | 38,000 | 42,000 | 3 | |
| Purchases of property and equipment in accounts payable/accrued expenses | 12,000 | 309,000 | 443,000 | 561,000 | 2 | |
| Recognition of warrant liability in connection with debt issuance | 317,000 | 0 | — | — | — | |
| Warrant to purchase Class A common stock | 317,000 | 0 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is RAPID MICRO BIOSYSTEMS, INC.'s CIK number?
RAPID MICRO BIOSYSTEMS, INC.'s SEC CIK number is 0001380106 (1380106). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find RAPID MICRO BIOSYSTEMS, INC.'s SEC filings?
All of RAPID MICRO BIOSYSTEMS, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did RAPID MICRO BIOSYSTEMS, INC. last report earnings?
RAPID MICRO BIOSYSTEMS, INC. (RPID) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001380106-26-000067). This is RAPID MICRO BIOSYSTEMS, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is RAPID MICRO BIOSYSTEMS, INC.'s most recent earnings 8-K?
RAPID MICRO BIOSYSTEMS, INC.'s latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001380106-26-000067. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View RAPID MICRO BIOSYSTEMS, INC.'s latest earnings 8-K →
Look up any company's CIK number →