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v3.22.2

Segment Information (Details) $ in Thousands |  | 3 Months Ended | 6 Months Ended
--- | --- | --- | ---
Mar. 31, 2022 segment | Jun. 30, 2022 USD ($) | Mar. 22, 2022 segment | Jun. 30, 2021 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($)
Segment Reporting [Abstract] |  |  |  |  |  |
Number of reportable segments | segment | 2 |  | 1 |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | $ 57,419 |  | $ 84,675 | $ 103,112 | $ 139,825
Total segment operating income |  | (636) |  | 33,301 | (20,776) | 39,065
Total operating costs and expenses |  | 57,888 |  | 38,936 | 112,887 | 89,371
Income (loss) from operations |  | (469) |  | 45,739 | (9,775) | 50,454
Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 57,419 |  | 84,675 | 103,112 | 139,825
Total segment operating income |  | 8,041 |  | 54,028 | 11,843 | 67,870
Corporate, Non-Segment |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Shared-based compensation |  | 5,136 |  | 5,748 | 10,793 | 10,618
Other corporate expenses |  | 3,374 |  | 2,541 | 10,825 | 6,798
Total operating costs and expenses |  | 8,510 |  | 8,289 | 21,618 | 17,416
Royalties |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 17,959 |  | 8,616 | 31,654 | 15,728
Captisol - Core |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 3,325 |  | 9,682 | 9,551 | 10,935
Captisol - COVID |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 26,220 |  | 52,827 | 32,116 | 82,846
Contract |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 9,915 |  | 13,550 | 29,791 | 30,316
OmniAb Technologies | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 7,292 |  | 5,821 | 16,470 | 14,380
Total segment operating income |  | (8,998) |  | (7,806) | (15,187) | (12,410)
OmniAb Technologies | Royalties | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 139 |  | 0 | 402 | 0
OmniAb Technologies | Contract | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 7,153 |  | 5,821 | 16,068 | 14,380
Ligand Core Business | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 50,127 |  | 78,854 | 86,642 | 125,445
Total segment operating income |  | 17,039 |  | 61,834 | 27,030 | 80,280
Ligand Core Business | Royalties | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 17,820 |  | 8,616 | 31,252 | 15,728
Ligand Core Business | Contract | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | $ 2,762 |  | $ 7,729 | $ 13,723 | $ 15,936

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