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v3.22.2.2

Segment Information (Details) $ in Thousands |  | 3 Months Ended | 9 Months Ended
--- | --- | --- | ---
Mar. 31, 2022 segment | Sep. 30, 2022 USD ($) | Mar. 22, 2022 segment | Sep. 30, 2021 USD ($) | Sep. 30, 2022 USD ($) | Sep. 30, 2021 USD ($)
Segment Reporting [Abstract] |  |  |  |  |  |
Number of reportable segments | segment | 2 |  | 1 |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | $ 66,088 |  | $ 64,835 | $ 169,200 | $ 204,660
Total segment operating income |  | 857 |  | 15,259 | (19,919) | 54,324
Total operating costs and expenses |  | 65,452 |  | 49,129 | 178,339 | 138,499
Income (loss) from operations |  | 636 |  | 15,706 | (9,139) | 66,161
Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 66,088 |  | 64,835 | 169,200 | 204,660
Total segment operating income |  | 10,301 |  | 23,443 | 22,145 | 91,014
Corporate, Non-Segment |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Shared-based compensation |  | 6,462 |  | 5,811 | 17,255 | 16,429
Other corporate expenses |  | 3,203 |  | 1,926 | 14,029 | 8,424
Total operating costs and expenses |  | 9,665 |  | 7,737 | 31,284 | 24,853
Royalties |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 19,837 |  | 15,648 | 51,491 | 31,376
Captisol - Core |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 3,582 |  | 5,374 | 13,133 | 16,310
Captisol - COVID |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 32,367 |  | 29,719 | 64,483 | 112,565
Contract revenue |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 10,302 |  | 14,094 | 40,093 | 44,409
OmniAb business | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 6,867 |  | 5,140 | 23,337 | 19,520
Total segment operating income |  | (11,721) |  | (9,177) | (26,905) | (21,587)
OmniAb business | Royalties | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 582 |  | 0 | 984 | 0
OmniAb business | Contract revenue | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 6,285 |  | 5,140 | 22,353 | 19,520
Ligand core business | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 59,221 |  | 59,695 | 145,863 | 185,140
Total segment operating income |  | 22,022 |  | 32,620 | 49,050 | 112,601
Ligand core business | Royalties | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | 19,255 |  | 15,648 | 50,507 | 31,376
Ligand core business | Contract revenue | Operating Segments |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |
Total revenue |  | $ 4,017 |  | $ 8,954 | $ 17,740 | $ 24,889

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