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Opus Genetics IRD Total Operating Expenses

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Other financials

Income statement

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Revenue$2.2M-50.6%
Operating income-$14.4M-44.7%
Net income-$65.5M-700%
EPS (diluted)-$0.75-213%

Balance sheet

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Cash & equivalents$60.0M+43.5%
Total debt$1.2M
Total equity-$45.8M-1,004%
Total assets$66.8M+38.7%

Cash flow

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Operating cash flow-$12.7M-41.5%

Valuation

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Market cap$304.5M+381%
Enterprise value$245.74M+672%
P/S25.4×+21.3×

Profitability

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Operating margin-359.1%-68.9pp
Net margin-892.4%-12,322pp

Returns & leverage

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Return on equity-449.4%-2,573pp
Debt / equity0.1×
Current ratio7.1×+5.2×

Where this comes from

Reported directly by Opus Genetics in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Opus Genetics’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-034084
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Operating expenses:
Research and development10,5777,953
General and administrative5,9446,346
Total operating expenses16,52114,299
Loss from operations(14,364)(9,929)
Fair value change in warrant liabilities(51,364)2,805
Financing costs(582)(1,372)
Interest expense(69)

Item 1. Financial Statements

FAQ

What is Opus Genetics's total operating expenses?
Opus Genetics (IRD) reported total operating expenses of $16.52M in Q1 2026.
How has Opus Genetics's total operating expenses changed year-over-year?
Opus Genetics's total operating expenses increased by 15.5% year-over-year, from $14.3M to $16.52M.
What is the long-term trend for Opus Genetics's total operating expenses?
Over 4 years (2021 to 2025), Opus Genetics's total operating expenses has grown at a 22.7% compound annual growth rate (CAGR), from $23.29M to $52.8M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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