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	2024-12-31
Total revenue, net	16,427	18,839	23,033	17,482
Cost of product sales	1,202	836	2,061	-
Research and development	26,803	30,090	28,928	26,418
Selling and marketing	10,688	10,147	10,553	11,321
General and administrative	8,326	8,822	9,955	10,827
Cost of product sales	-	-	-	1,487
Restructuring and impairment expenses	377	13,091	-	-
Total operating expense	47,396	62,986	51,497	50,506
Interest expense	-	-	12,230	-
Loss from operations	-30,969	-44,147	-28,464	-33,024
Interest income	2,470	1,934	2,054	3,136
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	-	12,553
Other, net	925	-182	203	4,040
Total other expense, net	-9,997	-11,245	-9,973	-5,377
Loss before income taxes	-40,966	-55,392	-38,437	-38,402
Income tax expense	0	1,254	165	-79
Loss before equity in net losses of joint venture	-40,966	-56,646	-38,602	-38,323
Equity in net losses of joint venture	0	0	-	-343
Net loss	-40,966	-56,646	-38,602	-38,666

Net loss per share, basic (in dollars per share)	-0.3	-0.5	-0.36	-0.41
Net loss per share, diluted (in dollars per share)	-0.3	-0.5	-0.36	-0.41
Weighted average shares outstanding, basic (in shares)	136,446,534	113,743,358	107,202,374	-51,678,078
Weighted average shares outstanding, diluted (in shares)	136,446,534	113,743,358	107,202,374	-51,678,078