SAB Biotherapeutics, Inc.
For the period ended Mar 31, 2026. Filed May 12, 2026.
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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.
Mar 31, 2026 · Filed May 12, 2026
SABS$3.07-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
| For The Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating expenses | ||
| Research and development | 13,397,977 | 7,657,321 |
| General and administrative | 6,599,759 | 3,114,781 |
| Total operating expenses | 19,997,736 | 10,772,102 |
| Loss from operations | (19,997,736) | (10,772,102) |
| Other income (expense) | ||
| Changes in fair value of warrant liabilities | (482,474) | 5,035,769 |
| Interest expense | (62,745) | (69,565) |
| Interest income | 1,047,197 | 62,498 |
| Other income | 626,873 | 546,627 |
| Total other income | 1,128,851 | 5,575,329 |
| Net loss | $(18,868,885) | $(5,196,773) |
| Other comprehensive income (loss): | ||
| Unrealized loss, change in fair value of available-for-sale securities, net of reclassification adjustment and tax | $(546,791) | $(975) |
| Foreign currency translation gain | 137,517 | 24,792 |
| Total comprehensive loss | $(19,278,159) | $(5,172,956) |
| Loss per common share attributable to the Company’s shareholders | ||
| Basic and diluted loss per common share | $(0.35) | $(0.56) |
| Weighted-average common shares outstanding – basic and diluted | 53,558,639 | 9,291,641 |
See accompanying notes to the condensed consolidated financial statements
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