Outlook Therapeutics reported net revenue of -1208000 for Q1 fiscal 2026, reflecting product return reserves related to its European launch. The company posted a net loss of 23058000, while continuing expansion of LYTENAVA in Europe and engaging with the FDA regarding ONS-5010 in the U.S.
Net revenue was -1208000 for the quarter due to increased returns reserves tied to UK distributor shipments.
Net loss attributable to common stockholders was 23058000, or 0.38 per share.
Cash and cash equivalents totaled 8677000 as of December 31, 2025.
Weighted average diluted shares outstanding were 60205000.
The company expects continued European expansion of LYTENAVA in 2026 and is pursuing regulatory engagement with the FDA to address the CRL for ONS-5010 in the United States.
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