OmniAb Inc
For the period ended Dec 31, 2023. Filed Mar 25, 2024.
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FY2023 · Filed Mar 25, 2024
OABI$5.10-3.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated and Combined Statements of Operations and Comprehensive Loss
(in thousands, except per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenues: | ||
| License and milestone revenue | $20,699 | $38,926 |
| Service revenue | 12,180 | 18,784 |
| Royalty revenue | 1,285 | 1,367 |
| Total revenues | 34,164 | 59,077 |
| Operating expenses: | ||
| Research and development | 56,525 | 48,364 |
| General and administrative | 33,313 | 24,903 |
| Amortization of intangibles | 13,554 | 13,050 |
| Other operating (income) expense, net | 191 | (592) |
| Total operating expenses | 103,583 | 85,725 |
| Loss from operations | (69,419) | (26,648) |
| Other income (expense): | ||
| Interest income | 5,055 | 587 |
| Other income, net | 1 | — |
| Total other income, net | 5,056 | 587 |
| Loss before income tax | (64,363) | (26,061) |
| Income tax benefit | 13,744 | 3,727 |
| Net loss | $(50,619) | $(22,334) |
| Net loss per share, basic and diluted | $(0.51) | $(0.26) |
| Weighted-average shares outstanding, basic and diluted | 99,683 | 85,318 |
| Net loss | $(50,619) | $(22,334) |
| Unrealized net gain on available-for-sale securities | 41 | 9 |
| Comprehensive loss | $(50,578) | $(22,325) |
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