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Outlook Therapeutics, Inc.

For the period ended Jun 30, 2026. Filed Aug 18, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 18, 2026

OTLK$0.46+5.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Table of Contents

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PART I. FINANCIAL INFORMATION​​
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Item 1. Financial Statements (Unaudited)​1
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Consolidated Balance Sheets as of June 30, 2026 and September 30, 2025​1
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Consolidated Statements of Operations for the Three and Nine Months Ended June 30, 2026 and 2025​2
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Consolidated Statements of Stockholders’ Deficit for the Three and Nine Months Ended June 30, 2026 and 2025​3
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Consolidated Statements of Cash Flows for the Nine months Ended June 30, 2026 and 2025​4
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Notes to Unaudited Interim Consolidated Financial Statements​5
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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations​23
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Item 3. Quantitative and Qualitative Disclosures About Market Risk​37
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Item 4. Controls and Procedures​37
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PART II. OTHER INFORMATION​39
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Item 1. Legal Proceedings​39
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Item 1A. Risk Factors​40
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds​41
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Item 3. Defaults Upon Senior Securities​41
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Item 4. Mine Safety Disclosures​41
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Item 5. Other Information​41
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Item 6. Exhibits​42
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SIGNATURES​44

In this report, unless otherwise stated or as the context otherwise requires, references to “Outlook Therapeutics,” “Outlook,” “the Company,” “we,” “us,” “our” and similar references refer to Outlook Therapeutics, Inc. and its consolidated subsidiaries. The Outlook logo, LYTENAVATM(bevacizumab-vikg, bevacizumab gamma) and other trademarks or service marks of Outlook Therapeutics, Inc. appearing in this report are the property of Outlook Therapeutics, Inc. This report also contains registered marks, trademarks and trade names of other companies. All other trademarks, registered marks and trade names appearing in this report are the property of their respective holders. We do not intend our use or display of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, these other companies.

References to ONS-5010 and/or LYTENAVA refer to an ophthalmic formulation of bevacizumab for use in retinal indications which is approved for marketing in Germany and in the United States, European Union and United Kingdom.

Our Intellectual Property

Our commercial success depends in part on our ability to avoid infringing the proprietary rights of third parties, our ability to obtain and maintain proprietary protection for our technologies where applicable and to prevent others from infringing our proprietary rights. We seek to protect our proprietary technologies by, among other methods, evaluating relevant patents, establishing defensive positions, monitoring European Union, or EU, oppositions and pending intellectual property rights, preparing litigation strategies in view of the U.S. legislative framework and filing United States and international patent applications on technologies, inventions and improvements that are important to our business. As of June 30, 2026, we own three U.S. patents, and twenty-two foreign patents, which relate to formulations developed for our legacy biosimilar program ONS-3010 and ONS-5010/ONS-1045, methods of antibody purification, methods for purifying antibodies to separate isoforms, methods of use, methods of reducing high molecular weight species, and modulating afucosylated species as well as efficiently determining the amino acid sequence of antibodies. Our Patent Cooperation Treaty, or PCT, Application No. PCT/US2017/016040, was filed in 2017. A U.S. patent in this family is granted and expected to expire no earlier than 2037. Our PCT Application No. PCT/US2017/012349, was filed in 2017. Patents are granted in Australia and Japan and expected to expire no earlier than 2037. Our Application No. PCT/US2016/068847 was filed in 2016. Patents in this family are granted in Germany, France, United Kingdom, India, and Japan, and expected to expire no earlier than 2036. Our PCT Application No. PCT/US2016/014252 was filed in 2016. Patents in this family are granted in Germany, France, United Kingdom, and the U.S., and expected to expire no earlier than 2036. Our PCT Application No. PCT/US2017/016549 was filed in 2017. A patent in this family is granted in Japan, and expected to expire no earlier than 2037. We also rely on trade secrets, know-how and continuing technological innovation to develop and maintain our proprietary position.

The term of individual patents depends upon the legal term of the patents in countries in which they are obtained. In most countries, including the United States, the patent term is generally 20 years from the earliest date of filing a non-provisional patent application in the applicable country. In the United States, a patent’s term may, in certain cases, be lengthened by patent term adjustment, which compensates a patentee for administrative delays by the United States Patent and Trademark Office in examining and granting a patent or may be shortened if a patent is terminally disclaimed over a commonly owned patent or a patent naming a common inventor and having an earlier expiration date.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this report, including statements regarding our future financial condition, business strategy and plans, and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” “seek,” “should,” “will,” “would,” or the negative of these terms or similar expressions in this report.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements are subject to a number of known and unknown risks, uncertainties and assumptions, including risks described in the section titled “Risk Factors” contained in Exhibit 99.1 to our Current Report on Form 8-K filed with the Securities and Exchange Commission (“SEC”) on, August 12, 2026 and in Part II, Item 1A. “Risk Factors” of this Quarterly Report, including, among other things, risks associated with:

●our ability to fund our working capital requirements, the sufficiency of our current cash resources and our need for additional funding;
●our ability to maintain and establish collaborations or obtain additional funding;
●our ability to successfully commercialize and generate revenues from the sale of LYTENAVA™ (bevacizumab-vikg, bevacizumab gamma), including our commercialization strategy, our ability to build a marketing and sales organization, and manufacturing capabilities for LYTENAVA;
●the implementation of our business model and strategic plans for our business, LYTENAVA and any future product candidates;
●our ability to compete in the markets we serve;
●the rate and degree of market acceptance of our current and future product candidates
●our ability to successfully negotiate and enter into agreements with distribution, strategic and corporate partners;
●our expectations regarding government and third-party payor coverage and reimbursement;
●our expectations regarding the potential market size and the size of the patient populations for LYTENAVA and any other product candidates, if approved, for commercial use;
●our reliance on contract manufacturing providers, distributors, device suppliers, testing laboratories, clinical research service providers, medical affairs, regulatory, and safety support providers, legal service providers, and other vendors or suppliers;
●our ability to successfully source components of LYTENAVA and enter into supplier contracts;
●developments or disputes concerning our intellectual property or other proprietary rights;
●our ability to obtain and maintain regulatory approval for LYTENAVA in the US, EU, UK and other markets;
●the initiation and success of our future research and development programs; and
●other factors that may impact our financial results.

These risks are not exhaustive. Additional factors could harm our business and financial performance, such as risks associated with the current macroeconomic environment, including as a result of the impacts of fluctuations in inflation, and interest rates, tariffs and trade tensions, current or potential future bank failures or geopolitical instability and uncertainty. Moreover, we operate in a very competitive and rapidly changing environment. New risk factors emerge from time to time, and it is not possible for our management to predict all risk factors, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in, or implied by, any forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Unless required by law, we undertake no obligation to update or revise any forward-looking statements to reflect new information or future events or developments. Thus, you should not assume that our silence over time means that actual events are bearing out as expressed or implied in such forward-looking statements. We qualify all of the forward-looking statements in this report by these cautionary statements.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.