- XOMA press release ( NASDAQ: XOMA ): Q3 GAAP EPS of -$0.48 misses by $0.25 .
- Revenue of $0.5M (-44.4% Y/Y) misses by $4.02M .
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Research and development (“R&D”) expenses were $29,000 and $30,000, respectively, for the third quarters of 2022 and 2021.
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General and administrative (“G&A”) expenses were $4.8 million for the third quarter of 2022, compared to $4.3 million for the third quarter of 2021.
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In the third quarter of 2022, G&A expenses included $0.8 million in non-cash stock-based compensation expense, which was consistent with the third quarter of 2021.
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Other income, net was $0.2 million for the third quarter of 2022, compared to other expense, net of $1.1 million in the corresponding quarter of 2021.
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Net loss for the third quarter of 2022 was $4.2 million, compared to net loss of $4.4 million for the third quarter of 2021.
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XOMA GAAP EPS of -$0.48 misses by $0.25, revenue of $0.5M misses by $4.02M