Is ORIC Pharmaceuticals' (ORIC) Equity-Funded ESOP Masking or Clarifying Its Widening Net Losses?In early August 2026, ORIC Pharmaceuticals reported second-quarter and first-half results showing a wider net loss of US$41.49 million and US$77.26 million respectively, but a narrower basic loss per share from continuing operations compared with a year earlier. Just days before, the company also filed a US$12.41 million shelf registration for 1,100,000 common shares under an ESOP-related offering, highlighting ongoing use of equity-based incentives alongside its loss-making operations. We...