OmniAb Inc
For the period ended Mar 31, 2024. Filed May 9, 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.
Mar 31, 2024 · Filed May 9, 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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Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues: | ||
| License and milestone revenue | $716 | $12,646 |
| Service revenue | 2,766 | 3,958 |
| Royalty revenue | 319 | 315 |
| Total revenues | 3,801 | 16,919 |
| Operating expenses: | ||
| Research and development | 14,551 | 13,759 |
| General and administrative | 8,337 | 8,195 |
| Amortization of intangibles | 3,412 | 3,369 |
| Other operating expense, net | 54 | 49 |
| Total operating expenses | 26,354 | 25,372 |
| Loss from operations | (22,553) | (8,453) |
| Other income: | ||
| Interest income | 975 | 1,324 |
| Total other income, net | 975 | 1,324 |
| Loss before income taxes | (21,578) | (7,129) |
| Income tax benefit | 2,617 | 1,029 |
| Net loss | $(18,961) | $(6,100) |
| Net loss per share, basic and diluted | $(0.19) | $(0.06) |
| Weighted-average shares outstanding, basic and diluted | 100,755 | 99,158 |
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