Financial insights of ADCT

MyFinsight

For the quarter ending 2026-03-31, ADCT made $20,851K in revenue. -$32,968K in net income. Net profit margin of -158.11%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue, net	20,851	23,058	16,427	18,839
Restructuring, impairment and other related costs	-	-348	377	13,091
Cost of product sales	3,615	1,699	1,202	836
Research and development	19,877	18,184	26,803	30,090
Selling and marketing	12,708	11,986	10,688	10,147
General and administrative	9,896	9,456	8,326	8,822
Total operating expense	46,096	40,977	47,396	62,986
Loss from operations	-25,245	-17,919	-30,969	-44,147
Interest income	1,994	2,352	2,470	1,934
Deferred royalty obligation interest expense	8,727	9,182	8,996	-
Effective interest expense on senior secured term loan facility	-	3,829*	-	-
Other interest expense	-	3*	-	-
Effective interest expense on senior secured term loan facility	3,622	-	4,396	-
Interest expense	12,349	13,014	13,392	12,997
Other, net	2,632	21,768	925	-182
Total other expense, net	-7,723	11,106	-9,997	-11,245
Gain before income taxes	-32,968	-6,813	-40,966	-55,392
Income tax expense	0	-404	0	1,254
Loss before equity in net losses of joint venture	-	-6,409	-40,966	-56,646
Equity in net losses of joint venture	-	0	0	0
Net loss	-32,968	-6,409	-40,966	-56,646

Basic EPS	-0.21	-0.042	-0.3	-0.5
Diluted EPS	-0.21	-0.042	-0.3	-0.5
Basic Average Shares	154,142,347	150,877,894	136,446,534	113,743,358
Diluted Average Shares	154,142,347	150,877,894	136,446,534	113,743,358

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.