Company: NOTV
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023370
Chunk: 16

Company: Inotiv, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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$(1.39)$(2.46)Diluted$(0.44)$(1.86)$(1.39)$(2.46)Weighted-average number of common shares outstanding: Basic33,99525,83130,54025,797Diluted33,99525,83130,54025,797

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

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Table of Contents

INOTIV, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands)

(unaudited)

Three Months EndedMarch 31,Six Months EndedMarch 31,2025 202420252024Consolidated net loss$(14,866)$(48,079)$(42,496)$(63,907)Foreign currency translation1,120 (747)(1,010)417 Defined benefit plan:Pension cost amortization69 47 135 93 Foreign currency translation(24)(107)(273)(70)Other comprehensive income (loss), net of tax1,165 (807)(1,148)440 Consolidated comprehensive loss(13,701)(48,886)(43,644)(63,467)Less: Comprehensive loss attributable to non-controlling interests— — — (440)Comprehensive loss attributable to common stockholders$(13,701)$(48,886)$(43,644)$(63,027)

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

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INOTIV, INC.

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY AND NONCONTROLLING INTEREST 

(in thousands, except number of shares)

(unaudited)

Common SharesAdditionalpaid-incapitalAccumulateddeficitAccumulatedOtherComprehensiveIncome (Loss)Totalshareholders’equityNumberAmountBalance at September 30, 202426,015,129$6,466 $724,789 $(562,163)$1,412 $170,504 Consolidated net loss—— — (27,630)— (27,630)Issuance of common shares6,900,0001,725 25,799 — — 27,524 Issuance of stock under employee stock plans1,520— 1 — — 1 Stock-based compensation —— 1,770