Eton Pharmaceuticals, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 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.
Sep 30, 2026 · Filed Nov 5, 2026
ETON$64.35+14.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Operations
(In thousands, except per share amounts)
| For the three months ended | For the nine months ended | |||
|---|---|---|---|---|
| September 30,2026 | September 30,2025 | September 30,2026 | September 30,2025 | |
| Revenues: | ||||
| Product sales, net | $57,925 | $22,459 | $119,780 | $55,383 |
| Licensing revenue | — | — | — | 3,286 |
| Total net revenues | 57,925 | 22,459 | 119,780 | 58,669 |
| Cost of sales: | ||||
| Product sales and royalties, net | 13,624 | 14,604 | 35,331 | 28,204 |
| Licensing revenue | — | — | — | 825 |
| Total cost of sales | 13,624 | 14,604 | 35,331 | 29,029 |
| Gross profit | 44,301 | 7,855 | 84,449 | 29,640 |
| Operating expenses: | ||||
| Research and development | 5,271 | 1,112 | 8,139 | 5,985 |
| General and administrative | 16,017 | 8,106 | 38,089 | 26,963 |
| Total operating expenses | 21,288 | 9,218 | 46,228 | 32,948 |
| Income (loss) from operations | 23,013 | (1,363) | 38,221 | (3,308) |
| Other expense: | ||||
| Interest and other expense, net | (656) | (592) | (2,572) | (2,664) |
| Income (loss) before income tax (benefit) expense | 22,357 | (1,955) | 35,649 | (5,972) |
| Income tax (benefit) expense | (12,892) | (28) | (12,732) | 112 |
| Net income (loss) | $35,249 | $(1,927) | $48,381 | $(6,084) |
| Net income (loss) per share, basic | $1.23 | $(0.07) | $1.74 | $(0.23) |
| Weighted average number of common shares outstanding, basic | 28,661 | 26,893 | 27,855 | 26,891 |
| Net income (loss) per share, diluted | $1.06 | $(0.07) | $1.48 | $(0.23) |
| Weighted average number of common shares outstanding, diluted | 33,264 | 26,893 | 32,740 | 26,891 |
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