Financial insights of IRD

MyFinsight

For the quarter ending 2025-09-30, IRD made $3,079,000 in revenue. -$17,454,000 in net income. Net profit margin of -566.87%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
License and collaborations revenue	3,079,000	2,882,000	4,370,000	2,375,000
General and administrative	4,981,000	5,766,000	6,346,000	5,107,000
Acquired in-process research and development	-	-	-	9,333,333.333
Research and development	6,409,000	6,022,000	7,953,000	5,956,333.333
Total operating expenses	11,390,000	11,788,000	14,299,000	20,396,666.667
Loss from operations	-8,311,000	-8,906,000	-9,929,000	-18,021,666.667
Fair value change in warrant and other derivative liabilities	-9,525,000	917,000	2,805,000	18,000
Financing costs	0	-35,000	1,372,000	-
Interest expense	68,000	-	-	-
Other income, net	450,000	534,000	302,000	1,329,000
Loss before income taxes	-17,454,000	-7,420,000	-8,194,000	-16,668,666.667
Benefit (provision) for income taxes	0	0	-	-
Net loss	-17,454,000	-7,420,000	-8,194,000	-16,668,666.667
Other comprehensive loss, net of tax	0	0	-	-
Comprehensive loss	-17,454,000	-7,420,000	-8,194,000	-16,668,666.667

Basic (in dollars per share)	-0.25	-0.12	-0.24	-0.62
Basic (in shares)	70,636,887	63,376,392	33,884,920	190,148.667
Diluted (in dollars per share)	-0.25	-0.12	-0.24	-0.62
Diluted (in shares)	70,636,887	63,376,392	33,884,920	190,148.667