secwatch.observer — SEC 8-K summary
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Issuer:     ORASURE TECHNOLOGIES INC (OSUR)
CIK:        0001116463
Form:       8-K/A
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001116463-25-000043
Event type: m_and_a
Sentiment:  negative
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pro forma combined net loss $49.1M, diluted EPS ($0.66) for 2024 after Sherlock acquisition
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- Acquisition closed Dec 19, 2024; consideration includes $5M upfront, up to $20M milestones, and royalties.
- Pro forma combined net loss $49.1M vs OraSure standalone net loss $19.5M for year ended Dec 31, 2024.
- Pro forma diluted EPS ($0.66) vs standalone ($0.26) on 74.4M shares.
- $17M in-process R&D intangible asset recognized for CT/NG test; goodwill $2.5M.
- Contingent consideration fair value estimated at $22.9M ($15.9M milestone + royalties).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116463/000111646325000043/0001116463-25-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116463/000111646325000043/osur-20241219.htm
  HTML page:      https://secwatch.observer/filing/0001116463-25-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer