XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 29,031 $ 53,790
Marketable debt securities 435,043 497,725
Marketable equity securities 78,903 42,210
Accounts receivable 25,872 23,739
Prepaid expenses and other current assets 20,748 18,139
Total current assets 589,597 635,603
Property and equipment, net 62,400 66,124
Patents, licenses, and other intangible assets, net 17,919 18,663
Restricted cash 385 380
Marketable debt securities - long term 290,274 145,512
Marketable equity securities - long term 0 64,210
Right of use (ROU) asset 38,831 33,995
Other assets 498 648
Total assets 999,904 965,135
Current liabilities    
Accounts payable 18,770 13,914
Accrued expenses 25,407 23,564
Income tax payable 0 5,291
Lease liabilities 2,181 3,435
Deferred income 0 0
Debt 44,455 27,711
Total current liabilities 90,813 73,915
Uncertain tax position payable 8,336 8,336
Lease liabilities, net of current portion 66,489 59,025
Debt, net of current portion 128,340 161,772
Total liabilities 293,978 303,048
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.01 par value: 10,000,000 authorized shares; -0- issued and outstanding shares at September 30, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value: 200,000,000 authorized shares at September 30, 2024 and December 31, 2023; 69,963,447 issued and outstanding at September 30, 2024 and 60,998,191 issued and outstanding at December 31, 2023 701 611
Additional paid-in capital 1,364,846 1,131,266
Accumulated other comprehensive income 1,800 1,291
Accumulated deficit (658,483) (471,418)
Total stockholders’ equity attributable to Xencor, Inc. 708,864 661,750
Non-controlling interest (2,938) 337
Total stockholders’ equity 705,926 662,087
Total liabilities and stockholders’ equity $ 999,904 $ 965,135