XBiotech Inc.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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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.
FY2025 · Filed Mar 13, 2026
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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Consolidated Statements of Operations
(in thousands, except share and per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating expenses: | ||
| Research and development | $47,390 | $37,757 |
| General and administrative | 8,295 | 4,714 |
| Total operating expenses | 55,685 | 42,471 |
| Loss from operations | (55,685) | (42,471) |
| Other income (expense): | ||
| Interest income | 5,679 | 9,812 |
| Interest expense | (88) | (807) |
| Other income | 1,456 | 432 |
| Foreign exchange gain (loss) | 3,333 | (5,529) |
| Total other income | 10,380 | 3,908 |
| Loss before income taxes | (45,305) | (38,563) |
| Income tax (expense) benefit | (235) | 32 |
| Net loss | $(45,540) | $(38,531) |
| Net loss per share—basic and diluted | $(1.49) | $(1.26) |
| Shares used to compute basic and diluted net loss per share | 30,487,731 | 30,460,980 |
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