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v3.22.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Schedule of Reconciliation of Revenue from Segments to Consolidated | The following table provides a reconciliation of revenue and operating income by reportable segment to consolidated results and was derived from each segment’s internal financial information as used for corporate management purposes (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
OmniAb business revenue |  |  |  |  |  |  |
Royalties | $ | 139 |  |  | $ | — |  |  | $ | 402 |  |  | $ | — |
Contract | 7,153 |  |  | 5,821 |  |  | 16,068 |  |  | 14,380 |
Total OmniAb business revenue | 7,292 |  |  | 5,821 |  |  | 16,470 |  |  | 14,380 |
Ligand core business revenue |  |  |  |  |  |  |
Royalties | 17,820 |  |  | 8,616 |  |  | 31,252 |  |  | $ | 15,728 |
Captisol - Core | 3,325 |  |  | 9,682 |  |  | 9,551 |  |  | 10,935 |
Captisol - COVID | 26,220 |  |  | 52,827 |  |  | 32,116 |  |  | 82,846 |
Contract | 2,762 |  |  | 7,729 |  |  | 13,723 |  |  | 15,936 |
Total Ligand core business revenue | 50,127 |  |  | 78,854 |  |  | 86,642 |  |  | 125,445 |
Total revenue | $ | 57,419 |  |  | $ | 84,675 |  |  | $ | 103,112 |  |  | $ | 139,825 |
Segment operating income (loss) |  |  |  |  |  |  |
OmniAb business | $ | (8,998) |  |  | $ | (7,806) |  |  | $ | (15,187) |  |  | $ | (12,410) |
Ligand core business | 17,039 |  |  | 61,834 |  |  | 27,030 |  |  | 80,280 |
Total segment operating income | 8,041 |  |  | 54,028 |  |  | 11,843 |  |  | 67,870 |
Unallocated corporate items |  |  |  |  |  |  |
Shared-based compensation | 5,136 |  |  | 5,748 |  |  | 10,793 |  |  | 10,618 |
Other corporate expenses | 3,374 |  |  | 2,541 |  |  | 10,825 |  |  | 6,798 |
Total unallocated corporate items | 8,510 |  |  | 8,289 |  |  | 21,618 |  |  | 17,416 |
Income (loss) from operations | $ | (469) |  |  | $ | 45,739 |  |  | $ | (9,775) |  |  | $ | 50,454 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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