other material
confidence high
sentiment neutral
materiality 0.60
AnaptysBio pro forma continuing ops net income $114.9M after First Tracks spin-off
ANAPTYSBIO, INC
- Pro forma continuing ops net income $114.9M for FY2025; basic EPS $3.99, diluted $3.07.
- Collaboration revenue $234.6M, operating income $217.9M after spin-off adjustments.
- AnaptysBio provided $100M cash distribution to First Tracks; expects $7M non-recurring costs within 12 months.
- Pro forma balance sheet as of Dec 31, 2025 shows negative stockholders' equity of $116.3M.
- First Tracks shares began trading on Nasdaq under ticker TRAX on April 20, 2026.