RxSight, Inc.
Business
RxSight, Inc. is a commercial-stage medical technology company that manufactures and sells the RxSight Light Adjustable Lens system, a proprietary adjustable intraocular lens and light delivery device for customized vision correction following cataract surgery. The company's product comprises the LAL (Light Adjustable Lens), the LDD (Light Delivery Device), and related accessories that enable post-operative refractive adjustments using UV light. RxSight operates primarily in the U.S. premium cataract market through a direct sales model targeting high-volume cataract surgeons, with an installed base of 1,134 LDDs and approximately 300,000 LALs implanted since inception.
Summary from 10-K filed 2026-02-25
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 |
|---|---|---|---|---|---|---|
| Sales | 134 | 140 | 89 | 49 | 23 | |
| Cost of sales | 31 | 41 | 35 | 28 | 18 | |
| Gross profit | 103 | 99 | 54 | 21 | 5 | |
| Selling, general and administrative | 113 | 101 | 75 | 59 | 33 | |
| Research and development | 39 | 34 | 29 | 26 | 24 | |
| Total operating expenses | 151 | 136 | 104 | 85 | 57 | |
| Loss from operations | −48 | −37 | −50 | −63 | −53 | |
| Interest expense | −19,000 | −21,000 | −3 | −5 | −4 | |
| Interest and other income | 9 | 9 | 7 | 2 | 54,000 | |
| Loss on extinguishment of term loan | 0 | 0 | −2 | 0 | — | |
| Loss before income taxes | −39 | −27 | −49 | −67 | −49 | |
| Income tax expense | 66,000 | 50,000 | 20,000 | 9,000 | 8,000 | |
| Net loss | −39 | −27 | −49 | −67 | −49 | |
| Unrealized (loss) gain on short-term investments | −136,000 | 180,000 | 83,000 | −66,000 | −7,000 | |
| Foreign currency translation gain (loss) | 23,000 | −9,000 | 7,000 | −9,000 | −10,000 | |
| Total other comprehensive (loss) income | −113,000 | 171,000 | 90,000 | −75,000 | −17,000 | |
| Comprehensive loss | −39 | −27 | −49 | −67 | −49 | |
| Attributable to common stock, basic (per share) | −0.95 | −0.71 | −1.41 | −2.41 | −3.57 | |
| Attributable to common stock, diluted (per share) | −0.95 | −0.71 | −1.41 | −2.41 | −3.57 | |
| Attributable to common stock, basic (shares) | 41 | 39 | 34 | 28 | 14 | |
| Attributable to common stock, diluted (shares) | 41 | 39 | 34 | 28 | 14 |
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 | 10 | 12 | 24 | |
| Short-term investments | 208 | 221 | 117 | 94 | 135 | |
| Accounts receivable | 23 | 30 | 20 | 11 | 5 | |
| Inventories, net | 32 | 22 | 17 | 15 | 8 | |
| Prepaid and other current assets | 4 | 5 | 4 | 3 | 4 | |
| Total current assets | 287 | 294 | 168 | 135 | 176 | |
| Property and equipment, net | 13 | 12 | 11 | 10 | 11 | |
| Operating leases right-of-use assets | 10 | 11 | 2 | 4 | 4 | |
| Restricted cash | 750,000 | 750,000 | 711,000 | 761,000 | 811,000 | |
| Other assets | 590,000 | 360,000 | 147,000 | 767,000 | 114,000 | |
| Total assets | 312 | 319 | 183 | 150 | 193 | |
| Accounts payable | 5 | 5 | 4 | 3 | 2 | |
| Accrued expenses and other current liabilities | 20 | 20 | 15 | 13 | 8 | |
| Lease liabilities | 1 | 974,000 | 2 | 2 | 2 | |
| Total current liabilities | 26 | 26 | 21 | 17 | 11 | |
| Long-term lease liabilities | 10 | 11 | 1 | 3 | 4 | |
| Other long-term liabilities | 0 | 127,000 | 74,000 | 0 | — | |
| Total liabilities | 36 | 37 | 22 | 60 | 54 | |
| Commitments and contingencies (Note 12) | — | — | — | — | — | |
| Common stock, $0.001 par value, 900,000,000 shares authorized, 41,242,005 shares issued and outstanding as of December 31, 2025 and 40,428,220 Shares issued and outstanding as of December 31, 2024 | 41,000 | 40,000 | 36,000 | 28,000 | 27,000 | |
| Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 937 | 903 | 755 | 636 | 618 | |
| Accumulated other comprehensive loss | 53,000 | 166,000 | −5,000 | −95,000 | −20,000 | |
| Accumulated deficit | −661 | −622 | −595 | −546 | −479 | |
| Total stockholders' equity | 276 | 281 | 160 | 90 | 138 | |
| Total liabilities and stockholders' equity | 312 | 319 | 183 | 150 | 193 |
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 |
|---|---|---|---|---|---|---|
| Net loss | −39 | −27 | −49 | −67 | −49 | |
| Depreciation and amortization | 3 | 4 | 4 | 4 | 4 | |
| Provision for bad debts | 32,000 | 34,000 | 0 | 0 | — | |
| Amortization of debt issuance costs and premium | 0 | 0 | 287,000 | 552,000 | 493,000 | |
| Amortization of discount on short-term investments | −9 | −9 | −6 | −1 | −30,000 | |
| Stock-based compensation | 32 | 25 | 16 | 11 | 8 | |
| Provision for excess and obsolete inventory | 2 | 404,000 | 164,000 | 752,000 | 2 | |
| Accounts receivable | 7 | −10 | −9 | −6 | −2 | |
| Inventories | −11 | −5 | −3 | −8 | −2 | |
| Prepaid and other assets | 1 | −1 | −397,000 | 789,000 | −3 | |
| Accounts payable | 627,000 | 946,000 | 1 | 635,000 | 555,000 | |
| Accrued expenses and other liabilities | −2 | 6 | 2 | 5 | 4 | |
| Net cash used in operating activities | −16 | −17 | −42 | −59 | −45 | |
| Purchases of property and equipment | −4 | −5 | −5 | −2 | −2 | |
| Maturity of short-term investments | 260 | 243 | 255 | 255 | 80 | |
| Purchase of short-term investments | −239 | −337 | −272 | −213 | −160 | |
| Net cash (used in) provided by investing activities | 17 | −99 | −22 | 40 | −82 | |
| Proceeds from term loan | 0 | 0 | 20 | 0 | 15 | |
| Repayment of term loan | 0 | 0 | −60 | 0 | — | |
| Proceeds from issuance of common stock from public offering | 0 | 108 | 54 | 0 | 120 | |
| Proceeds from issuance of common stock for at-the-market offerings | — | 0 | 42 | 6 | — | |
| Proceeds from Issuance of Common Stock | 4 | 21 | 9 | 2 | — | |
| Payments for employee taxes related to stock compensation | −2 | −5 | −1 | −643,000 | 0 | |
| Principal payments on finance lease liabilities | −26,000 | −61,000 | −153,000 | −121,000 | −27,000 | |
| Payments of deferred offering costs | 0 | −768,000 | −622,000 | −587,000 | 0 | |
| Payments of debt issuance costs | 0 | 0 | −2 | −145,000 | −132,000 | |
| Net cash provided by financing activities | 2 | 123 | 62 | 6 | 137 | |
| Effect of foreign exchange rate on cash, cash equivalents and restricted cash | 3,000 | −9,000 | 6,000 | −9,000 | −10,000 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 3 | 7 | −2 | −13 | 11 | |
| Operating cash flows from operating leases | 3 | 2 | 2 | 2 | 1 | |
| Cash paid for income taxes | 58,000 | 24,000 | 8,000 | 3,000 | 20,000 | |
| Cash paid for interest on term loan | 0 | 0 | 3 | 4 | 3 | |
| Operating lease | 29,000 | 10 | 46,000 | 1 | 126,000 | |
| Operating lease | 29,000 | 10 | 46,000 | 1 | 126,000 | |
| Acquisition of property and equipment included in accounts payable and accrued expenses and other current liabilities | 421,000 | 545,000 | 282,000 | 299,000 | 0 | |
| Deferred offering costs included in accounts payable and accrued liabilities | 0 | 0 | 145,000 | 133,000 | 0 | |
| Reclassification of deferred financing costs | 0 | 768,000 | 1 | 90,000 | 3 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is RxSight, Inc.'s CIK number?
RxSight, Inc.'s SEC CIK number is 0001111485 (1111485). 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 RxSight, Inc.'s SEC filings?
All of RxSight, 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 RxSight, Inc. last report earnings?
RxSight, Inc. (RXST) most recently filed an earnings 8-K with the SEC on Jul 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-296200). This is RxSight, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is RxSight, Inc.'s most recent earnings 8-K?
RxSight, Inc.'s latest earnings 8-K (Item 2.02) was filed Jul 6, 2026 under accession 0001193125-26-296200. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View RxSight, Inc.'s latest earnings 8-K →
Look up any company's CIK number →