OmniAb, Inc. reported continued operational losses in Q3 Fiscal 2025, driven by ongoing R&D investment despite a significant year-over-year revenue contraction. The CEO and CFO certified the accuracy of the 10-Q filing.
Financial Performance (9 Months Ended Sept 30, 2025): Total Revenue fell 34% YoY to $10.29M, driven by steep declines in License/Milestone and Service revenue. The Net Loss widened slightly to $50.6M (from $49.0M in 2024), resulting in a diluted EPS loss of ($0.48). Operating expenses decreased 14% to $63.5M, primarily due to lower R&D spending ($33.85M YTD) followin
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