OmniAb, Inc.
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
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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.
Jun 30, 2025 · Filed Aug 6, 2025
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, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue: | ||||
| License and milestone revenue | $1,242 | $3,125 | $3,263 | $3,841 |
| Service revenue | 1,936 | 4,171 | 3,839 | 6,937 |
| xPloration revenue | 608 | — | 650 | — |
| Royalty revenue | 111 | 318 | 299 | 637 |
| Total revenue | 3,897 | 7,614 | 8,051 | 11,415 |
| Costs and operating expenses: | ||||
| Cost of xPloration revenue | 262 | — | 265 | — |
| Research and development | 10,864 | 13,935 | 23,466 | 28,486 |
| General and administrative | 7,684 | 7,965 | 15,599 | 16,302 |
| Amortization of intangibles | 3,228 | 4,543 | 6,456 | 7,955 |
| Other operating income, net | (1,922) | (2,524) | (2,672) | (2,470) |
| Total costs and operating expenses | 20,116 | 23,919 | 43,114 | 50,273 |
| Loss from operations | (16,219) | (16,305) | (35,063) | (38,858) |
| Other income (expense), net: | ||||
| Interest income | 436 | 785 | 973 | 1,760 |
| Other income (expense), net | 27 | (9) | 28 | (9) |
| Total other income (expense), net | 463 | 776 | 1,001 | 1,751 |
| Loss before income taxes | (15,756) | (15,529) | (34,062) | (37,107) |
| Income tax benefit (expense) | (119) | 1,898 | (13) | 4,515 |
| Net loss | $(15,875) | $(13,631) | $(34,075) | $(32,592) |
| Net loss per share, basic and diluted | $(0.15) | $(0.13) | $(0.32) | $(0.32) |
| Weighted-average shares outstanding, basic and diluted | 106,148 | 101,456 | 105,886 | 101,106 |
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