OmniAb Inc

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

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.

Sep 30, 2024 · Filed Nov 12, 2024

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

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share data)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Revenue:
License and milestone revenue	$1,375	$2,010	$5,216	$18,986
Service revenue	2,479	3,016	9,416	9,425
Royalty revenue	318	451	955	931
Total revenue	4,172	5,477	15,587	29,342
Operating expenses:
Research and development	13,318	13,867	41,804	41,759
General and administrative	7,079	8,511	23,381	25,444
Amortization of intangibles	3,393	3,398	11,348	10,147
Other operating expense (income), net	146	16	(2,324)	205
Total operating expenses	23,936	25,792	74,209	77,555
Loss from operations	(19,764)	(20,315)	(58,622)	(48,213)
Other income (expense), net:
Interest income	691	1,265	2,451	3,874
Other income (expense), net	(8)	8	(17)	4
Total other income (expense), net	683	1,273	2,434	3,878
Loss before income taxes	(19,081)	(19,042)	(56,188)	(44,335)
Income tax benefit	2,708	3,304	7,223	7,769
Net loss	$(16,373)	$(15,738)	$(48,965)	$(36,566)
Net loss per share, basic and diluted	$(0.16)	$(0.16)	$(0.48)	$(0.37)
Weighted-average shares outstanding, basic and diluted	102,393	99,905	101,538	99,521

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.