Financial insights of IPSC

MyFinsight

For the quarter ending 2025-09-30.

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
Collaboration revenue	-	-	109,164	791
Research and development	22,526	26,859	26,580	27,228
General and administrative	6,835	7,805	8,408	8,352
Impairment of long-lived assets	6,763	-	-	-
Total operating expenses	36,124	34,664	34,988	35,580
Income (loss) from operations	-36,124	-34,664	74,176	-34,789
Interest income	1,605	2,010	2,422	3,305
Other income	97	113	-38	250
Total other income	1,702	2,123	2,384	3,555
Income (loss) before provision for income taxes	-34,422	-32,541	76,560	-31,234
Income tax expense (benefit)	-	-	-	-8
Net income (loss)	-34,422	-32,541	76,560	-31,226
Unrealized gain (loss) on investments	-19	-222	-19	1,075
Other comprehensive income (loss), foreign currency transaction and translation adjustment, net of tax, portion attributable to parent	-	-	-	-8
Comprehensive income (loss)	-34,441	-32,763	76,541	-30,159

Earnings per share, basic	-0.4	-0.38	0.89	-0.37
Earnings per share, diluted	-0.4	-0.38	0.89	-0.37
Weighted average number of shares outstanding, basic	86,464,066	86,238,084	86,021,188	84,704,352
Weighted average number of shares outstanding, diluted	86,464,066	86,238,084	86,098,619	84,704,352