Ovid Therapeutics Inc
For the period ended Jun 30, 2024. Filed Aug 13, 2024.
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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.
Jun 30, 2024 · Filed Aug 13, 2024
OVID$2.850.0%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Operations
| (in thousands, except share and per share data) | For The Three Months EndedJune 30, 2024 | For The Three Months EndedJune 30, 2023 | For The Six Months EndedJune 30, 2024 | For The Six Months EndedJune 30, 2023 |
|---|---|---|---|---|
| Revenue: | ||||
| License and other revenue | $169 | $75 | $317 | $141 |
| Total revenue | 169 | 75 | 317 | 141 |
| Operating expenses: | ||||
| Research and development | 12,582 | 5,999 | 22,984 | 12,613 |
| General and administrative | 8,104 | 8,248 | 15,267 | 16,592 |
| Total operating expenses | 20,686 | 14,247 | 38,251 | 29,205 |
| Loss from operations | (20,517) | (14,172) | (37,934) | (29,064) |
| Other income (expense), net | 29,038 | 1,764 | 34,760 | 3,300 |
| Income (loss) before provision for income taxes | 8,521 | (12,408) | (3,174) | (25,765) |
| Provision for income taxes | — | — | — | — |
| Net income (loss) | $8,521 | $(12,408) | $(3,174) | $(25,765) |
| Net income (loss) per share, basic | $0.12 | $(0.18) | $(0.04) | $(0.37) |
| Net income (loss) per share, diluted | $0.12 | $(0.18) | $(0.04) | $(0.37) |
| Weighted-average common shares outstanding basic | 70,916,471 | 70,534,181 | 70,816,585 | 70,512,479 |
| Weighted-average common shares outstanding diluted | 71,200,798 | 70,534,181 | 70,816,585 | 70,512,479 |
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