OmniAb, Inc.
For the period ended Sep 30, 2025. Filed Nov 4, 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.
Sep 30, 2025 · Filed Nov 4, 2025
OABI$5.30+5.4%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue: | ||||
| License and milestone revenue | $616 | $1,375 | $3,879 | $5,216 |
| Service revenue | 1,188 | 2,479 | 5,027 | 9,416 |
| xPloration revenue | 74 | — | 724 | — |
| Royalty revenue | 361 | 318 | 660 | 955 |
| Total revenue | 2,239 | 4,172 | 10,290 | 15,587 |
| Costs and operating expenses: | ||||
| Cost of xPloration revenue | 29 | — | 294 | — |
| Research and development | 10,379 | 13,318 | 33,845 | 41,804 |
| General and administrative | 6,777 | 7,079 | 22,376 | 23,381 |
| Amortization of intangibles | 3,228 | 3,393 | 9,684 | 11,348 |
| Other operating expense (income), net | (34) | 146 | (2,706) | (2,324) |
| Total costs and operating expenses | 20,379 | 23,936 | 63,493 | 74,209 |
| Loss from operations | (18,140) | (19,764) | (53,203) | (58,622) |
| Other income (expense), net: | ||||
| Interest income | 462 | 691 | 1,435 | 2,451 |
| Other income (expense), net | (8) | (8) | 20 | (17) |
| Total other income (expense), net | 454 | 683 | 1,455 | 2,434 |
| Loss before income taxes | (17,686) | (19,081) | (51,748) | (56,188) |
| Income tax benefit | 1,161 | 2,708 | 1,148 | 7,223 |
| Net loss | $(16,525) | $(16,373) | $(50,600) | $(48,965) |
| Net loss per share, basic and diluted | $(0.14) | $(0.16) | $(0.46) | $(0.48) |
| Weighted-average shares outstanding, basic and diluted | 114,726 | 102,393 | 108,865 | 101,538 |
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