ZAI LAB LIMITED
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $100.5M | $87.1M | $65.8M | $69.2M | $68.9M | $62.8M | $62.6M | $57.5M |
| Cost of Revenue | $35.1M | $33.6M | $25.2M | $25.5M | $23.8M | $21.3M | $20.9M | $20.0M |
| Gross Profit | $65.4M | $53.5M | $40.6M | $43.7M | $45.1M | $41.5M | $41.7M | $37.5M |
| Gross Margin | 65.0% | 61.4% | 61.7% | 63.2% | 65.5% | 66.0% | 66.6% | 65.2% |
| Operating Expenses | ||||||||
| Research & Development | $61.6M | $54.6M | $81.9M | $58.8M | $76.7M | $48.5M | $66.9M | $99.5M |
| SG&A Expense | $79.7M | $69.2M | $82.6M | $68.6M | $67.9M | $62.5M | $72.0M | $66.6M |
| Operating Income | $-76.1M | $-70.3M | $-124.0M | $-83.6M | $-89.5M | $-69.5M | $-97.3M | $-128.6M |
| Operating Margin | -75.7% | -80.7% | -188.3% | -120.7% | -130.0% | -110.7% | -155.4% | -223.5% |
| Interest Expense | — | $113.0K | — | — | — | $0 | — | — |
| Pretax Income | $-80.3M | $-53.5M | $-95.4M | $-69.2M | $-120.9M | $-49.1M | $-62.0M | $-161.2M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-80.3M | $-53.5M | $-95.4M | $-69.2M | $-120.9M | $-49.1M | $-61.8M | $-161.2M |
| Net Margin | -79.9% | -61.4% | -145.0% | -99.9% | -175.6% | -78.3% | -98.7% | -280.1% |
| EPS (Basic) | $-0.08 | $-0.05 | $-0.10 | $-0.07 | $-0.13 | $-0.05 | $-0.06 | $-0.17 |
| EPS (Diluted) | $-0.08 | $-0.05 | $-0.10 | $-0.07 | $-0.13 | $-0.05 | $-0.06 | $-0.17 |
| Shares Outstanding (Basic) | 975.9M | 973.1M | 966.4M | 968.8M | 964.8M | 961.4M | 958.1M | 959.1M |
| Shares Outstanding (Diluted) | 975.9M | 973.1M | 966.4M | 968.8M | 964.8M | 961.4M | 958.1M | 959.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |