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XBiotech Inc.

For the period ended Dec 31, 2024. Filed Mar 18, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 18, 2025

XBIT$1.91+1.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

(in thousands, except share and per share data)

Year Ended December 31,
20242023
Operating expenses:
Research and development$37,757$32,848
General and administrative4,7144,662
Total operating expenses42,47137,510
Loss from operations(42,471)(37,510)
Other income (expense):
Interest income9,81210,421
Interest expense(807)-
Other income432883
Foreign exchange (loss) gain(5,529)1,893
Total other income3,90813,197
Loss before income taxes(38,563)(24,313)
Income tax benefit (expense)32(244)
Net loss$(38,531)$(24,557)
Net loss per share—basic and diluted$(1.26)$(0.81)
Shares used to compute basic and diluted net loss per share30,460,98030,438,459

See accompanying notes to consolidated financial statements.

Consolidated Statements of Comprehensive Loss

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.