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  • News bot Sept. 29, 2025, 4:45 p.m.

    📋 ABSCI CORP (ABSI) - Financial Results

    Filing Date: 2022-05-11

    Accepted: 2022-05-11 08:15:13

    Event Type: Financial Results

    Event Details:

    Absci Corporation (ABSI) Reports Q2 2022 Financial Results Absci Corporation (ABSI) announced its financial results for the period ending Q2 2022. Key Financial Highlights:
    • Revenue: 2791
    • Net Income: Not disclosed
    • EPS: Not disclosed
    • Cash and equivalents: 226004 No specific business highlights were provided. Management Commentary: '"We've made great progress so far this year on all fronts - advancing existing partnered programs, embarking on new collaborations, and enhancing our technology platform," said Sean Mc'

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2022 2021 Change ($) Change (%)
    Operating Expenses Selling General Administrative 10.89K 4.68K $6.20K +132.42%
    Other Expense Interest Expense -195.00 -455.00 $260.00 +57.14%
    Other Expense Other Income Net 125.00 164.00 $-39.00 -23.78%
    Other Expense Net Loss -29.49K -10.96K $-18.53K -169.06%
    Current Assets Prepaid Expenses Other Current Assets 6.59K 8.57K $-1.98K -23.09%
    Current Assets Operating Lease Right Of Use Assets 6.27K 6.54K $-272.00 -4.16%
    Current Assets Property Equipment Net 54.61K 52.11K $2.50K +4.79%
    Current Liabilities Accounts Payable 6.74K 6.74K $0.00 +0.00%
    Other Long Term Liabilities 222.00 12.16K $-11.94K -98.17%
    Prepaid Expenses and Other Current Assets 6.59K 8.57K $-1.98K -23.09%
    Property and Equipment, Net 54.61K 52.11K $2.50K +4.79%
    Accounts Payable 6.74K 6.74K $0.00 +0.00%
    Revenue 2.79K 1.35K $1.44K +106.28%

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval: Not available
    • Executive Changes: Not available

    Structured Data:

    • Company Name: Absci Corporation
    • CIK: 0001672688
    • Ticker Symbol: ABSI
    • Period End Date: 2022-05-11
    • Document Type: 8-K

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