Xencor Inc

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

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.

FY2023 · Filed Feb 29, 2024

XNCR$39.39+2.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Loss)

(in thousands, except share and per share data)

	Year ended December 31,
	2023	2022	2021
Revenue
Collaborations, licenses, milestones, and royalties	$168,338	$164,579	$275,111
Operating expenses
Research and development	253,598	199,563	192,507
General and administrative	53,379	47,489	38,837
Total operating expenses	306,977	247,052	231,344
Income (loss) from operations	(138,639)	(82,473)	43,767
Other income (expense)
Interest income, net	18,626	4,817	849
Other expense, net	(31)	(286)	(1,274)
Gain (loss) on equity securities, net	(395)	23,434	39,289
Total other income, net	18,200	27,965	38,864
Income (loss) before income tax	(120,439)	(54,508)	82,631
Income tax expense	5,811	673	—
Net income (loss)	(126,250)	(55,181)	82,631
Net loss attributable to non-controlling interest	(163)	—	—
Net income (loss) attributable to Xencor, Inc.	$(126,087)	$(55,181)	$82,631
Net income (loss) per common share attributable to Xencor, Inc.:
Basic	$(2.08)	$(0.93)	$1.42
Diluted	$(2.08)	$(0.93)	$1.37
Weighted average common shares used to compute net income (loss) per share attributable to Xencor, Inc.
Basic	60,503,283	59,652,461	58,379,641
Diluted	60,503,283	59,652,461	60,495,455

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.