Quarterly report [Sections 13 or 15(d)]

Segment and Geographic Information (Tables)

v3.25.1
Segment and Geographic Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment and Geographic Information  
Schedule of segment information

The table below presents segment information for the three months ended March 31, 2025 and 2024 (in thousands):

Three Months Ended March 31, 

2025

2024

Income and revenues

$

15,912

$

1,490

Business development and deal related costs

(1,055)

(1,442)

Other segment items:

Research and development expenses

(1,293)

(33)

Depreciation of property and equipment

(3)

(2)

Other general and administrative expenses(1)

(7,088)

(7,017)

Amortization of intangible assets

(544)

Interest expense

(3,467)

(3,551)

Other (expense) income, net

(95)

1,960

Segment and consolidated net loss

$

2,367

$

(8,595)

(1)Other general and administrative expenses for the three months ended March 31, 2025 and 2024 included general and administrative expenses of $8.1 million and $8.5 million, net of business development and deal related costs and depreciation of property and equipment.
Schedule of income and revenue by geographical region

Income and revenue attributed to the following geographic regions based on the location of the partners and licensees was as follows (in thousands):

Three Months Ended March 31, 

    

2025

    

2024

United States

$

6,095

$

1,490

Switzerland

5,817

Asia Pacific

 

4,000

 

Total

$

15,912

$

1,490