Segment Reporting

6 Months Ended

Jun. 30, 2025

6. Segment Reporting

The Company operates as a single operating segment, which is the business of developing and commercializing therapeutics. The Company’s chief operating decision maker, or CODM, its chief executive officer, reviews financial information on an aggregate basis for the purpose of allocating resources and assessing performance. When deciding how to allocate resources, the CODM reviews the financial results of the Company's drug candidate programs. The measure of segment assets is reported on the consolidated balance sheet as total assets.

The table below is a summary of the segment profit or loss, including significant segment expenses (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
Research and development expenses:
Fosgonimeton (ATH-1017)	$	555		$	13,261		$	1,862		$	27,524
ATH-1105		1,237			3,279			2,161			3,279
ATH-1020		—			254			5			336
Preclinical programs and other costs		258			949			660			3,133
Personnel-related costs, excluding stock- based compensation		918			3,161			1,916			6,786
Total research and development expenses		2,968			20,904			6,604			41,058
General and administrative expenses		2,483			3,677			6,503			8,289
Other segment expenses(a)		1,840			3,447			3,720			6,368
Total operating expenses		7,291			28,028			16,827			55,715
Loss from operations		(7,291	)		(28,028	)		(16,827	)		(55,715	)
Other income, net		325			1,169			718			2,519
Net loss	$	(6,966	)	$	(26,859	)	$	(16,109	)	$	(53,196	)

(a)Other segment expenses includes stock-based compensation and depreciation expenses.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Athira Pharma, Inc. 10-Q