Financial insights of ADCT

MyFinsight

For the quarter ending 2025-09-30, ADCT made $16,427K in revenue. -$40,966K in net income. Net profit margin of -249.38%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue, net	16,427	18,839	23,033	18,464
Cost of product sales	1,202	836	2,061	851
Research and development	26,803	30,090	28,928	32,502
Selling and marketing	10,688	10,147	10,553	10,673
General and administrative	8,326	8,822	9,955	10,002
Restructuring and impairment expenses	377	13,091	-	-
Total operating expense	47,396	62,986	51,497	54,028
Loss from operations	-30,969	-44,147	-28,464	-35,564
Interest expense	-	-	12,230	13,117
Interest income	2,470	1,934	2,054	3,438
Deferred royalty obligation interest expense	8,996	-	-	-
Effective interest expense on senior secured term loan facility-Loan Agreement	4,396	-	-	-
Interest expense	13,392	12,997	-	-
Other, net	925	-182	203	1,624
Total other expense, net	-9,997	-11,245	-9,973	-8,055
Loss before income taxes	-40,966	-55,392	-38,437	-43,619
Income tax expense	0	1,254	165	90
Loss before equity in net losses of joint venture	-40,966	-56,646	-38,602	-43,709
Equity in net losses of joint venture	0	0	-	-260
Net loss	-40,966	-56,646	-38,602	-43,969

Net loss per share, basic (in dollars per share)	-0.3	-0.5	-0.36	-0.42
Net loss per share, diluted (in dollars per share)	-0.3	-0.5	-0.36	-0.42
Weighted average shares outstanding, basic (in shares)	136,446,534	113,743,358	107,202,374	104,824,877
Weighted average shares outstanding, diluted (in shares)	136,446,534	113,743,358	107,202,374	104,824,877