Xencor Inc

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

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 Feb 27, 2025

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

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

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Loss

(in thousands, except share and per share data)

	Year Ended December 31,
	2024	2023	2022
Revenue
Collaborations, licenses, milestones, and royalties	$110,493	$174,615	$164,579
Operating expenses
Research and development	227,686	253,598	199,563
General and administrative	61,215	53,379	47,489
Total operating expenses	288,901	306,977	247,052
Loss from operations	(178,408)	(132,362)	(82,473)
Other income (expense)
Interest income	31,930	19,331	4,830
Interest expense	(36,643)	(6,177)	(13)
Other income (expense), net	50	(31)	(148)
Impairment on equity securities	(20,430)	—	(138)
(Loss) gain on equity securities, net	(31,422)	(395)	23,434
Total other income (expense), net	(56,515)	12,728	27,965
Loss before income tax	(234,923)	(119,634)	(54,508)
Income tax expense	1,617	13,662	673
Net loss	(236,540)	(133,296)	(55,181)
Net loss attributable to non-controlling interest	(3,922)	(163)	—
Net loss attributable to Xencor, Inc.	$(232,618)	$(133,133)	$(55,181)
Net loss per common share attributable to Xencor, Inc.:
Basic and diluted	$(3.58)	$(2.20)	$(0.93)
Weighted average common shares used to compute net loss per share attributable to Xencor, Inc.
Basic and diluted	65,041,265	60,503,283	59,652,461

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.