Y-mAbs Therapeutics Inc 2025年季度报告

Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15 (d)of theSecurities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required tofile such reports), and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or for such shorter periodthat the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section13(a)of the ExchangeAct.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒. There were45,283,677shares of Common Stock ($0.0001 par value) outstanding as of May 6, 2025. FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, or Quarterly Report, contains forward-lookingstatements within the meaning of the Private Securities Litigation Reform Act of 1995, about us andour industry that involve substantial risks and uncertainties. All statements, other than statements ofhistorical facts, contained in this Quarterly Report, including statements regarding our businessstrategy, future operations and results thereof, future financial position, future revenue, projectedcosts, prospects, current and prospective products, product approvals, research and developmentcosts, current and prospective collaborations, timing and likelihood of success, plans and objectivesof management, expected market growth and future results of current and anticipated products, areforward-looking statements. These statements involve known and unknown risks, uncertainties andother important factors that may cause our actual results, performance or achievements to bematerially different from any future results, performance or achievements expressed or implied by theforward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,”“expect,” “contemplate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,”“should,” “target,” “will,” “would” and similar expressions are intended to identify forward-lookingstatements, although not all forward-looking statements contain these identifying words. We have based these forward-looking statements on our current expectations and projectionsabout future events and trends that we believe may affect our financial condition, results ofoperations, business strategy, short-term and long-term business operations and objectives, andfinancial needs. These forward-looking statements are subject to a number of risks, uncertainties andassumptions, including those described in Part II, Item 1A, “Risk Factors” in our Annual Report onForm 10-K for the year ended December 31, 2024, or Annual Report, and as supplemented in Part II,Item 1A, “Risk Factors” in this Quarterly Report on Form 10-Q for the quarter ended March 31,2025. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements.Actual results or events could differ materially from the plans, intentions and expectations disclosedin the forward-looking statements we make. Moreover, we operate in a very competitive and rapidlychanging environment. New risks emerge from time to time. It is not possible for our management topredict all risks, nor can we assess the impact of all factors on our business or the extent to which anyfactor, or combination of factors, may cause actual results to differ materially from those contained inany forward-looking statements we may make. In light of these risks, uncertainties and assumptions,the future events and trends discussed in this Quarterly Report may not occur and actual results coulddiffer materially from those anticipated or implied in the forward-looking statements. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements.Actual results or events could differ materially from the plans, intentions and expectations disclosedin the forward-looking statements we made. We have included important factors in the cautionarystatements included in this