OABI (OABI) financial statements
OABI reported revenue of $19M in fiscal 2025, down 14.4% a year over 4 years.
Net income was -$65M and the operating margin -369.5%, against -102.5% in 2021.
Free cash flow was -$37M.
The diluted share count rose 38% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OABI's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $35M | $59M | $34M | $26M | $19M |
| Research and development | $39M | $48M | $57M | $55M | $48M |
| Selling, general and admin | $17M | $25M | $33M | $31M | $29M |
| Operating income | -$36M | -$27M | -$69M | -$75M | -$69M |
| Interest expense | $7,000 | $0 | — | — | — |
| Pre-tax income | -$34M | -$26M | -$64M | -$71M | -$66M |
| Income tax | -$7M | -$4M | -$14M | -$9M | -$2M |
| Net income | -$27M | -$22M | -$51M | -$62M | -$65M |
| EPS (diluted) | -$0.33 | -$0.26 | -$0.51 | -$0.61 | -$0.57 |
| Diluted shares | 83M | 85M | 100M | 102M | 114M |
| Operating margin | -102.5% | -45.1% | -203.2% | -282.3% | -369.5% |
| Net margin | -77.8% | -37.8% | -148.2% | -235.1% | -347.0% |
Balance sheet
Fiscal years, from OABI's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $0 | $88M | $87M | $59M | $54M |
| Receivables | $21M | $30M | $4M | $5M | $7M |
| Inventory | — | — | — | $48,000 | $823,000 |
| Total current assets | $23M | $125M | $95M | $68M | $65M |
| Property, plant and equipment | $7M | $20M | $18M | $15M | $9M |
| Goodwill | $84M | $84M | $84M | $84M | $84M |
| Total assets | $304M | $421M | $375M | $326M | $301M |
| Total current liabilities | $21M | $26M | $23M | $15M | $16M |
| Total liabilities | $70M | $80M | $61M | $38M | $34M |
| Shareholders' equity | $234M | $341M | $315M | $288M | $267M |
| Net debt | $0 | -$33M | -$16M | -$28M | -$26M |
Cash flow
Fiscal years, from OABI's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | -$6M | -$4M | $2M | -$40M | -$36M |
| Capital spending | $4M | $17M | $2M | $2M | $565,000 |
| Free cash flow | -$10M | -$21M | $703,000 | -$42M | -$37M |
| Stock-based compensation | $15M | $18M | $25M | $21M | $16M |
| Free cash flow margin | -28.0% | -35.1% | 2.1% | -157.4% | -198.3% |
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Open OABI in InvestinglyQuestions
What was OABI's revenue in 2025?
$19M in fiscal 2025, from its 10-K filing.
How much free cash flow does OABI generate?
-$37M in fiscal 2025 (operating cash flow minus capital spending).
From OABI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.