Xenon Pharmaceuticals Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
XENE$41.39+2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(Expressed in thousands of U.S. dollars except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Collaboration revenue (note 8) | $— | $7,500 |
| Operating expenses: | ||
| Research and development | 88,508 | 61,200 |
| General and administrative | 23,820 | 19,038 |
| Total operating expenses | 112,328 | 80,238 |
| Loss from operations | (112,328) | (72,738) |
| Other income: | ||
| Interest income | 6,907 | 8,083 |
| Foreign exchange gain | 548 | 35 |
| Total other income | 7,455 | 8,118 |
| Loss before income taxes | (104,873) | (64,620) |
| Income tax recovery (expense) | 2,571 | (427) |
| Net loss | $(102,302) | $(65,047) |
| Other comprehensive income (loss): | ||
| Unrealized gain (loss) on available-for-sale securities (note 4) | (1,546) | 776 |
| Comprehensive loss | $(103,848) | $(64,271) |
| Net loss per common share (note 9): | ||
| Basic and diluted | $(1.17) | $(0.83) |
| Weighted-average common shares outstanding (note 9): | ||
| Basic and diluted | 87,345,717 | 78,687,503 |
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