Aytu BioPharma Reports Fiscal 2025 Second Quarter Operational and Financial Results
Rhea-AI Summary
Aytu BioPharma (AYTU) reported fiscal Q2 2025 results with net income of $0.8 million and Adjusted EBITDA of $1.3 million. The company's Pediatric Portfolio showed strong performance with an 86% sequential increase in net revenue to $2.4 million, while the ADHD Portfolio revenue increased 16% sequentially to $13.8 million (adjusted for one-time effects).
Total net revenue was $16.2 million, with both portfolios showing the first quarterly sequential prescription growth since late-2022. The company maintained a strong cash position of $20.4 million as of December 31, 2024. Gross profit was $10.8 million (66% of net revenue), down from 78% in the previous year due to temporary manufacturing transition costs.
The company completed its strategic restructuring, including the divestiture of its Consumer Health business and closure of its Texas manufacturing facility, expecting at least $2.0 million in additional annual cost savings.
Positive
- Net income of $0.8 million, compared to net loss in previous year
- Pediatric Portfolio revenue increased 86% sequentially and 12% year-over-year
- ADHD Portfolio revenue grew 16% sequentially (adjusted)
- Seventh consecutive quarter of positive adjusted EBITDA
- Expected $2.0 million annual cost savings from optimization initiatives
- Cash position increased to $20.4 million from $20.1 million in previous quarter
Negative
- Total net revenue decreased to $16.2M from $18.7M year-over-year
- Gross profit margin declined to 66% from 78% year-over-year
- ADHD Portfolio revenue decreased 17% year-over-year
- Adjusted EBITDA decreased to $1.3M from $5.5M year-over-year
News Market Reaction 1 Alert
On the day this news was published, AYTU declined 0.72%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Net income of
Adjusted EBITDA1 of
Pediatric Portfolio net revenue up
First quarterly sequential prescription increase for both ADHD and Pediatric portfolios since Q2 fiscal 2023
Company to host conference call and webcast today, February 12, 2025, at 4:30 p.m. Eastern time
DENVER, CO / ACCESS Newswire / February 12, 2025 / Aytu BioPharma, Inc. (the "Company" or "Aytu") (Nasdaq:AYTU), a pharmaceutical company focused on commercializing novel therapeutics, today announced operational and financial results for the fiscal 2025 second quarter.
Q2 2025 Highlights
Quarterly sequential increase in prescriptions across both portfolios, led by
29% sequential growth from the Pediatric Portfolio.Pediatric Portfolio (antihistamine franchise and pediatric multivitamin franchise) net revenue increased
86% sequentially to$2.4 million versus$1.3 million in Q1 fiscal 2025, reflecting positive effects from recently implemented return-to-growth plan for the pediatric product line. Pediatric Portfolio net revenue increased12% compared to Q2 fiscal 2024.ADHD Portfolio (Adzenys XR-ODT® and Cotempla XR-ODT®) net revenue increased
16% sequentially to$13.8 million versus$11.9 million in Q1 fiscal 2025 after adjusting for a one-time vendor agreement positively impacting Q1 fiscal 2025 net revenue by$3.3 million .Net income in Q2 fiscal 2025 was
$0.8 million , or$0.13 net income per share basic and$0.26 net loss per share diluted, compared to a net loss of$0.2 million , or$0.04 net loss per share basic and diluted in Q2 fiscal 2024.Adjusted EBITDA was
$1.3 million in Q2 fiscal 2025 compared to$5.5 million in Q2 fiscal 2024.Cash and cash equivalents were
$20.4 million at December 31, 2024, compared to$20.1 million at September 30, 2024.
Management Discussion
"We successfully returned both our ADHD and Pediatric portfolios to positive sequential prescription growth during the second quarter, the first such occurrence in which both portfolios exhibited sequential prescription growth since late-2022," noted Josh Disbrow, Chief Executive Officer of Aytu. "Our entire commercial team has done a great job navigating the various dynamics of the macro landscapes for our addressable markets. In the quarter, our sales team employed a focused and efficient promotional approach to grow the ADHD Portfolio, drove broader prescribing and distribution across the Pediatric Portfolio, capitalized on improved payor coverage, and leveraged the strengths of our best-in-class Aytu RxConnect access platform."
"This positive commercial momentum parallels our corporate optimization initiatives, driving efficiencies within our operating structure. We expect that these programs will realize at least
"Specific to our ADHD market, the macro trends continue to show a return to more normalized supply status following the ADHD stimulant shortages over the past 18 months, which helped to temporarily bolster Adzenys and Cotempla prescriptions, resulting in boosted fiscal 2024 numbers. With more than 99,000 prescriptions written during the second fiscal quarter for our ADHD brands, we remain above the pre-stimulant shortage levels, highlighting our pronounced volume gains. Within Pediatrics, we took decisive action securing improved reimbursement and wider distribution for both our antihistamine and multi-vitamin franchises. These efforts have resulted in a significant increase in covered lives and dispensed prescriptions. We have also substantially increased our promotional footprint with our sales force as we shift promotional priorities, resulting in early traction as demonstrated by increased prescribing and pharmacy dispensing. The initial result was a
"We have successfully implemented a multi-year, strategic realignment to focus on our profitable prescription pharmaceutical business and leverage the unique capabilities of our now streamlined organization. These changes have resulted in the growth of our novel, commercialized prescription therapeutics, while also driving positive adjusted EBITDA and profitability. With positive operational trends in place, we remain focused on seeking opportunities to leverage our commercial infrastructure and Aytu RxConnect platform, while we pursue additional in-licensed or acquired products. We continue to expect revenue and adjusted EBITDA growth from current levels as we strive for positive cash flows. I am pleased with the significant progress made and look forward to continuing to execute on our strategy in the years to come."
Organizational Changes and Operating Optimization Plan
Aytu has successfully repositioned itself as a growing specialty pharmaceutical company focused on commercializing novel prescription therapeutics. During the past year, the Company wound down and sold its Consumer Health business. Prior to that, the Company indefinitely suspended all clinical development programs. The Company also spent over two years working on manufacturing, operational, and regulatory initiatives to outsource the contract manufacturing of its ADHD products, culminating with the closure of the Grand Prairie, Texas manufacturing facility at the end of calendar 2024. Recently, the Company implemented an additional series of organizational changes focused on optimizing operations and driving near-term positive cash flows. As noted above, these new optimization efforts are expected to further reduce operating expenses by at least
Consumer Health - Discontinued Operations
In June 2023, the Company announced that it had instituted a strategic mandate focusing solely on its Rx business. This mandate, now completed, encompassed Aytu's companywide restructuring objectives. These efforts included the wind down, and subsequent divestiture in the first quarter of fiscal 2025, of the Consumer Health business, the successful outsourcing of ADHD products production and the associated closure of the Grand Prairie, Texas ADHD manufacturing facility, and the indefinite suspension of Aytu's clinical development programs. The Company expects the savings realized from these strategic shifts to significantly enhance its operating results and drive stockholder value.
The accounting requirements for reporting the Consumer Health business divestiture as a discontinued operation were met when the wind down and divestiture was completed on July 31, 2024. Accordingly, the Company's unaudited consolidated financial statements for all periods presented reflect the Consumer Health business as a discontinued operation. In addition, the Company's fiscal 2024 quarterly results classify the Consumer Health business as a discontinued operation.
Net Revenue by Portfolio
| Three Months Ended |
| ||||||
|
| December 31, |
| |||||
| 2024 |
|
| 2023 |
| |||
| (in thousands) |
| ||||||
ADHD Portfolio |
| $ | 13,816 |
|
| $ | 16,572 |
|
Pediatric Portfolio |
|
| 2,400 |
|
|
| 2,145 |
|
Other* |
|
| 5 |
|
|
| 31 |
|
Total net revenue |
| $ | 16,221 |
|
| $ | 18,748 |
|
*Other includes discontinued or deprioritized products.
Q2 2025 Financial Results
Net revenue for the second quarter of fiscal 2025 was
The ADHD Portfolio (Adzenys XR-ODT® and Cotempla XR-ODT®) experienced a
Gross profit was
Operating expenses, excluding amortization of intangible assets and restructurings costs, were
Loss from operations was
Net income during the second quarter of fiscal 2025 was
Adjusted EBITDA was
Cash and cash equivalents were
Conference Call Details
Date and Time: Wednesday, February 12, 2025, at 4:30 p.m. Eastern time.
Call-in Information: Interested parties can access the conference call by dialing (888) 506-0062 for United States callers or +1 (973) 528-0011 for international callers and using the participant access code 583044.
Webcast Information: The webcast will be accessible live and archived at https://www.webcaster4.com/Webcast/Page/2142/51953, and accessible on the Investors section of the Company's website at https://investors.aytubio.com/ under Events & Presentations.
Replay: A teleconference replay of the call will be available until February 26, 2025, at (877) 481-4010 for United States callers or +1 (919) 882-2331 for international callers and using replay access code 51953.
About Aytu BioPharma, Inc.
Aytu is a pharmaceutical company focused on commercializing novel therapeutics. The Company's prescription products include Adzenys XR-ODT® (amphetamine) extended-release orally disintegrating tablets (see Full Prescribing Information, including Boxed WARNING) and Cotempla XR-ODT® (methylphenidate) extended-release orally disintegrating tablets (see Full Prescribing Information, including Boxed WARNING) for the treatment of attention deficit hyperactivity disorder (ADHD), Karbinal® ER (carbinoxamine maleate), an extended-release antihistamine suspension indicated to treat numerous allergic conditions, and Poly-Vi-Flor® and Tri-Vi-Flor®, two complementary fluoride-based prescription vitamin product lines available in various formulations for infants and children with fluoride deficiency. To learn more, please visit aytubio.com.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act"). All statements other than statements of historical facts contained in this press release, are forward-looking statements. Forward-looking statements are generally written in the future tense and/or are preceded by words such as "may," "will," "should," "forecast," "could," "expect," "suggest," "believe," "estimate," "continue," "anticipate," "intend," "plan," or similar words, or the negatives of such terms or other variations on such terms or comparable terminology. All statements other than statements of historical facts contained in this presentation, are forward-looking statements. These statements are predictions and are subject to risks and uncertainties that could cause the actual events or results to differ materially. These risks and uncertainties include, among others, risks associated with: the Company's overall financial and operational performance, potential adverse changes to the Company's financial position or our business, the results of operations, strategy and plans, changes in capital markets and the ability of the Company to finance operations in the manner expected, risks relating to gaining market acceptance of our products, our partners performing their required activities, our anticipated future cash position, regulatory and compliance challenges and future events under current and potential future collaborations. We also refer you to (i) the risks described in "Risk Factors" in Part I, Item 1A of our most recent Annual Report on Form 10‑K and in the other reports and documents we file with the United States Securities and Exchange Commission.
Footnote 1
Aytu uses the term adjusted EBITDA, which is a term not defined under United States generally accepted accounting principles ("U.S. GAAP"). The Company uses this term because it is a widely accepted financial indicator utilized to analyze and compare companies on the basis of operating performance. The Company believes that presenting adjusted EBITDA by certain categories allows investors to evaluate the various performance of these categories. The Company's method of computation of adjusted EBITDA may or may not be comparable to other similarly titled measures used by other companies. We believe that net income (loss) is the performance measure calculated and presented in accordance with U.S. GAAP that is most directly comparable to adjusted EBITDA. See below for a reconciliation of net income (loss) to adjusted EBITDA.
Contacts for Investors
Ryan Selhorn, Chief Financial Officer
Aytu BioPharma, Inc.
rselhorn@aytubio.com
Robert Blum or Roger Weiss
Lytham Partners
aytu@lythampartners.com
Aytu BioPharma, Inc.
Unaudited Consolidated Statements of Operations
(in thousands, except share and per share data)
| Three Months Ended |
| ||||||
| December 31, |
| ||||||
| 2024 |
|
| 2023 |
| |||
Net revenue |
| $ | 16,221 |
|
| $ | 18,748 |
|
Cost of sales |
|
| 5,435 |
|
|
| 4,145 |
|
Gross profit |
|
| 10,786 |
|
|
| 14,603 |
|
|
|
|
|
|
|
|
| |
Operating expenses: |
|
|
|
|
|
|
|
|
Selling and marketing |
|
| 5,272 |
|
|
| 5,218 |
|
General and administrative |
|
| 4,449 |
|
|
| 4,800 |
|
Research and development |
|
| 522 |
|
|
| 521 |
|
Amortization of intangible assets |
|
| 921 |
|
|
| 918 |
|
Restructuring costs |
|
| 1,317 |
|
|
| - |
|
Total operating expenses |
|
| 12,481 |
|
|
| 11,457 |
|
(Loss) income from operations |
|
| (1,695 | ) |
|
| 3,146 |
|
Other income, net |
|
| 140 |
|
|
| 96 |
|
Interest expense |
|
| (1,079 | ) |
|
| (1,266 | ) |
Derivative warrant liabilities gain (loss) |
|
| 3,016 |
|
|
| (577 | ) |
Income from continuing operations before income tax expense |
|
| 382 |
|
|
| 1,399 |
|
Income tax benefit (expense) |
|
| 283 |
|
|
| (780 | ) |
Net income from continuing operations |
|
| 665 |
|
|
| 619 |
|
Net income (loss) from discontinued operations, net of tax |
|
| 123 |
|
|
| (839 | ) |
Net income (loss) |
| $ | 788 |
|
| $ | (220 | ) |
|
|
|
|
|
|
|
| |
Basic weighted-average common shares outstanding |
|
| 6,132,060 |
|
|
| 5,517,670 |
|
Diluted weighted-average common shares outstanding |
|
| 8,485,112 |
|
|
| 5,517,670 |
|
|
|
|
|
|
|
|
| |
Net income (loss) per share: |
|
|
|
|
|
|
|
|
Basic - continuing operations |
| $ | 0.11 |
|
| $ | 0.11 |
|
Diluted - continuing operations |
| $ | (0.28 | ) |
| $ | 0.11 |
|
Basic - discontinued operations, net of tax |
| $ | 0.02 |
|
| $ | (0.15 | ) |
Diluted - discontinued operations, net of tax |
| $ | 0.01 |
|
| $ | (0.15 | ) |
Basic - net income (loss) |
| $ | 0.13 |
|
| $ | (0.04 | ) |
Diluted - net loss |
| $ | (0.26 | ) |
| $ | (0.04 | ) |
Aytu BioPharma, Inc.
Unaudited Consolidated Balance Sheets
(in thousands, except share data)
| December 31, |
|
| June 30, |
| |||
| 2024 |
|
| 2024 |
| |||
ASSETS |
|
|
|
|
|
| ||
Current assets: |
|
|
|
|
|
| ||
Cash and cash equivalents |
| $ | 20,398 |
|
| $ | 20,006 |
|
Accounts receivable, net |
|
| 25,403 |
|
|
| 23,526 |
|
Inventories |
|
| 11,085 |
|
|
| 12,141 |
|
Prepaid expenses and other current assets |
|
| 6,167 |
|
|
| 5,097 |
|
Current assets of discontinued operations |
|
| - |
|
|
| 1,121 |
|
Total current assets |
|
| 63,053 |
|
|
| 61,891 |
|
Non-current assets: |
|
|
|
|
|
| ||
Property and equipment, net |
|
| 516 |
|
|
| 693 |
|
Operating lease right-of-use assets |
|
| 1,178 |
|
|
| 829 |
|
Intangible assets, net |
|
| 49,958 |
|
|
| 52,453 |
|
Other non-current assets |
|
| 1,522 |
|
|
| 2,185 |
|
Non-current assets of discontinued operations |
|
| - |
|
|
| 44 |
|
Total non-current assets |
|
| 53,174 |
|
|
| 56,204 |
|
Total assets |
| $ | 116,227 |
|
| $ | 118,095 |
|
|
|
|
|
|
| |||
LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
Accounts payable |
| $ | 11,699 |
|
| $ | 10,314 |
|
Accrued liabilities |
|
| 39,372 |
|
|
| 38,143 |
|
Revolving credit facility |
|
| 4,012 |
|
|
| 2,395 |
|
Current portion of debt |
|
| 1,857 |
|
|
| 1,857 |
|
Other current liabilities |
|
| 7,108 |
|
|
| 8,962 |
|
Current liabilities of discontinued operations |
|
| - |
|
|
| 557 |
|
Total current liabilities |
|
| 64,048 |
|
|
| 62,228 |
|
Non-current liabilities: |
|
|
|
|
|
|
|
|
Debt, net of current portion |
|
| 9,983 |
|
|
| 10,877 |
|
Derivative warrant liabilities |
|
| 6,386 |
|
|
| 12,745 |
|
Other non-current liabilities |
|
| 5,045 |
|
|
| 4,529 |
|
Total non-current liabilities |
|
| 21,414 |
|
|
| 28,151 |
|
Stockholders' equity: |
|
|
|
|
|
|
|
|
Preferred stock, par value $.0001; 50,000,000 shares authorized; no shares issued or outstanding |
|
| - |
|
|
| - |
|
Common stock, par value $.0001; 200,000,000 shares authorized; 6,169,681 and 5,972,638 shares issued and outstanding, respectively |
|
| 1 |
|
|
| 1 |
|
Additional paid-in capital |
|
| 348,475 |
|
|
| 347,688 |
|
Accumulated deficit |
|
| (317,711 | ) |
|
| (319,973 | ) |
Total stockholders' equity |
|
| 30,765 |
|
|
| 27,716 |
|
Total liabilities and stockholders' equity |
| $ | 116,227 |
|
| $ | 118,095 |
|
Aytu BioPharma, Inc.
Unaudited Reconciliation of Net Income (Loss) to Adjusted EBITDA
(in thousands)
| Three Months Ended |
| ||||||
| December 31, |
| ||||||
| 2024 |
|
| 2023 |
| |||
Net income (loss) - GAAP |
| $ | 788 |
|
| $ | (220 | ) |
Interest expense |
|
| 1,079 |
|
|
| 1,266 |
|
Income tax (benefit) expense |
|
| (283 | ) |
|
| 780 |
|
Depreciation and amortization |
|
| 1,292 |
|
|
| 1,510 |
|
Stock-based compensation expense |
|
| 151 |
|
|
| 707 |
|
Other income, net |
|
| (140 | ) |
|
| (96 | ) |
Derivative warrant liabilities (gain) loss |
|
| (3,016 | ) |
|
| 577 |
|
Restructuring costs |
|
| 1,317 |
|
|
| - |
|
Pipeline research and development costs |
|
| 208 |
|
|
| 96 |
|
Net (income) loss from discontinued operations, net of tax |
|
| (123 | ) |
|
| 839 |
|
Adjusted EBITDA - non-GAAP |
| $ | 1,273 |
|
| $ | 5,459 |
|
Aytu BioPharma, Inc.
Unaudited Fiscal 2024 Quarterly and Full Year Consolidated Statements of Operations Adjusted for Discontinued Operations
(in thousands)
| Three Months |
|
| Twelve Months Ended |
| |||||||||||||||
| June 30, |
|
| March 31, |
|
| December 31, |
|
| September 30, |
|
| June 30, |
| ||||||
| (as adjusted) |
| ||||||||||||||||||
Net revenue |
| $ | 14,593 |
|
| $ | 14,025 |
|
| $ | 18,748 |
|
| $ | 17,817 |
|
| $ | 65,183 |
|
Cost of sales |
|
| 3,541 |
|
|
| 3,664 |
|
|
| 4,145 |
|
|
| 4,779 |
|
|
| 16,129 |
|
Gross profit |
|
| 11,052 |
|
|
| 10,361 |
|
|
| 14,603 |
|
|
| 13,038 |
|
|
| 49,054 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling and marketing |
|
| 5,422 |
|
|
| 5,352 |
|
|
| 5,218 |
|
|
| 6,091 |
|
|
| 22,083 |
|
General and administrative |
|
| 4,028 |
|
|
| 4,831 |
|
|
| 4,800 |
|
|
| 6,295 |
|
|
| 19,954 |
|
Research and development |
|
| 1,042 |
|
|
| 611 |
|
|
| 521 |
|
|
| 595 |
|
|
| 2,769 |
|
Amortization of intangible assets |
|
| 921 |
|
|
| 920 |
|
|
| 918 |
|
|
| 924 |
|
|
| 3,683 |
|
Restructuring costs |
|
| 1,912 |
|
|
| 244 |
|
|
| - |
|
|
| - |
|
|
| 2,156 |
|
Total operating expenses |
|
| 13,325 |
|
|
| 11,958 |
|
|
| 11,457 |
|
|
| 13,905 |
|
|
| 50,645 |
|
(Loss) income from operations |
|
| (2,273 | ) |
|
| (1,597 | ) |
|
| 3,146 |
|
|
| (867 | ) |
|
| (1,591 | ) |
Other income, net |
|
| 120 |
|
|
| 70 |
|
|
| 96 |
|
|
| 584 |
|
|
| 870 |
|
Interest expense |
|
| (1,253 | ) |
|
| (1,257 | ) |
|
| (1,266 | ) |
|
| (1,283 | ) |
|
| (5,059 | ) |
Derivative warrant liabilities gain (loss) |
|
| 1,463 |
|
|
| 1,017 |
|
|
| (577 | ) |
|
| (5,907 | ) |
|
| (4,004 | ) |
Loss on debt extinguishment |
|
| (594 | ) |
|
| - |
|
|
| - |
|
|
| - |
|
|
| (594 | ) |
(Loss) income from continuing operations before income tax expense |
|
| (2,537 | ) |
|
| (1,767 | ) |
|
| 1,399 |
|
|
| (7,473 | ) |
|
| (10,378 | ) |
Income tax expense |
|
| (695 | ) |
|
| (245 | ) |
|
| (780 | ) |
|
| - |
|
|
| (1,720 | ) |
Net (loss) income from continuing operations |
|
| (3,232 | ) |
|
| (2,012 | ) |
|
| 619 |
|
|
| (7,473 | ) |
|
| (12,098 | ) |
Net loss from discontinued operations, net of tax |
|
| (1,385 | ) |
|
| (875 | ) |
|
| (839 | ) |
|
| (647 | ) |
|
| (3,746 | ) |
Net loss |
| $ | (4,617 | ) |
| $ | (2,887 | ) |
| $ | (220 | ) |
| $ | (8,120 | ) |
| $ | (15,844 | ) |
Aytu BioPharma, Inc.
Unaudited Fiscal 2024 Reconciliation of Net Loss Adjusted for Discontinued Operations to Adjusted EBITDA
(in thousands)
| Three Months |
|
| Twelve Months Ended |
| |||||||||||||||
| June 30, |
|
| March 31, |
|
| December 31, |
|
| September 30, |
|
| June 30, |
| ||||||
| (as adjusted) |
| ||||||||||||||||||
Net loss - GAAP |
| $ | (4,617 | ) |
| $ | (2,887 | ) |
| $ | (220 | ) |
| $ | (8,120 | ) |
| $ | (15,844 | ) |
Interest expense |
|
| 1,253 |
|
|
| 1,257 |
|
|
| 1,266 |
|
|
| 1,283 |
|
|
| 5,059 |
|
Income tax expense |
|
| 695 |
|
|
| 245 |
|
|
| 780 |
|
|
| - |
|
|
| 1,720 |
|
Depreciation and amortization |
|
| 1,398 |
|
|
| 1,449 |
|
|
| 1,510 |
|
|
| 1,553 |
|
|
| 5,910 |
|
Stock-based compensation expense |
|
| 243 |
|
|
| 699 |
|
|
| 707 |
|
|
| 725 |
|
|
| 2,374 |
|
Other income, net |
|
| (120 | ) |
|
| (70 | ) |
|
| (96 | ) |
|
| (584 | ) |
|
| (870 | ) |
Derivative warrant liabilities (gain) loss |
|
| (1,463 | ) |
|
| (1,017 | ) |
|
| 577 |
|
|
| 5,907 |
|
|
| 4,004 |
|
One-time transactions |
|
| 150 |
|
|
| - |
|
|
| - |
|
|
| 851 |
|
|
| 1,001 |
|
Restructuring costs |
|
| 1,912 |
|
|
| 244 |
|
|
| - |
|
|
| - |
|
|
| 2,156 |
|
Loss on extinguishment of debt |
|
| 594 |
|
|
| - |
|
|
| - |
|
|
| - |
|
|
| 594 |
|
Pipeline research and development costs |
|
| 599 |
|
|
| 136 |
|
|
| 96 |
|
|
| 152 |
|
|
| 983 |
|
Net loss from discontinued operations, net of tax |
|
| 1,385 |
|
|
| 875 |
|
|
| 839 |
|
|
| 647 |
|
|
| 3,746 |
|
Adjusted EBITDA - non-GAAP |
| $ | 2,029 |
|
| $ | 931 |
|
| $ | 5,459 |
|
| $ | 2,414 |
|
| $ | 10,833 |
|
SOURCE: Aytu BioPharma, Inc.
View the original press release on ACCESS Newswire
FAQ
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