Ovid Therapeutics Inc.
For the period ended Jun 30, 2025. Filed Aug 13, 2025.
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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, 2025 · Filed Aug 13, 2025
OVID$2.850.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| (in thousands, except share and per share data) | For The Three Months EndedJune 30, 2025 | For The Three Months EndedJune 30, 2024 | For The Six Months EndedJune 30, 2025 | For The Six Months EndedJune 30, 2024 |
|---|---|---|---|---|
| Revenue: | ||||
| License and other revenue | $6,272 | $169 | $6,402 | $317 |
| Total revenue | 6,272 | 169 | 6,402 | 317 |
| Operating expenses: | ||||
| Research and development | 6,465 | 12,582 | 13,123 | 22,984 |
| General and administrative | 4,880 | 8,104 | 10,902 | 15,267 |
| Total operating expenses | 11,345 | 20,686 | 24,025 | 38,251 |
| Loss from operations | (5,073) | (20,517) | (17,623) | (37,934) |
| Other income (expense), net | 389 | 29,038 | 2,704 | 34,760 |
| (Loss) income before provision for income taxes | (4,684) | 8,521 | (14,919) | (3,174) |
| Provision for income taxes | — | — | — | — |
| Net (loss) income | $(4,684) | $8,521 | $(14,919) | $(3,174) |
| Net (loss) income per share of Series A preferred stock, basic | $(64.73) | $118.07 | $(206.27) | $(44.04) |
| Net (loss) income per share of Series A preferred stock, diluted | $(64.73) | $117.61 | $(206.27) | $(44.04) |
| Weighted-average Series A preferred stock shares outstanding, basic and diluted | 1,250 | 1,250 | 1,250 | 1,250 |
| Net (loss) income per share of common stock, basic | $(0.06) | $0.12 | $(0.21) | $(0.04) |
| Net (loss) income per share of common stock, diluted | $(0.06) | $0.12 | $(0.21) | $(0.04) |
| Weighted-average common stock shares outstanding, basic | 71,109,514 | 70,916,471 | 71,077,747 | 70,816,585 |
| Weighted-average common stock shares outstanding, diluted | 71,109,514 | 71,200,798 | 71,077,747 | 70,816,585 |
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