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OmniAb Inc

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

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About this filing

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, 2024 · Filed Aug 8, 2024

OABI$5.10-3.8%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations

(in thousands, except per share data)

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Revenue:
License and milestone revenue$3,125$4,330$3,841$16,976
Service revenue4,1712,4516,9376,409
Royalty revenue318165637480
Total revenue7,6146,94611,41523,865
Operating expenses:
Research and development13,93514,13328,48627,892
General and administrative7,9658,73816,30216,933
Amortization of intangibles4,5433,3807,9556,749
Other operating expense (income), net(2,524)140(2,470)189
Total operating expenses23,91926,39150,27351,763
Loss from operations(16,305)(19,445)(38,858)(27,898)
Other income (expense), net:
Interest income7851,2851,7602,609
Other expense, net(9)(4)(9)(4)
Total other income (expense), net7761,2811,7512,605
Loss before income taxes(15,529)(18,164)(37,107)(25,293)
Income tax benefit1,8983,4364,5154,465
Net loss$(13,631)$(14,728)$(32,592)$(20,828)
Net loss per share, basic and diluted$(0.13)$(0.15)$(0.32)$(0.21)
Weighted-average shares outstanding, basic and diluted101,45699,493101,10699,326
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.