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Consolidated Statements of Loss (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Collaborations, milestones, and royalties $ 17,796 $ 59,164 $ 57,700 $ 123,649
Operating expenses        
Research and development 58,226 64,941 176,630 190,553
General and administrative 14,767 12,493 46,300 38,107
Total operating expenses 72,993 77,434 222,930 228,660
Loss from operations (55,197) (18,270) (165,230) (105,011)
Other income (expense)        
Interest income 7,537 5,023 23,766 11,693
Interest expense (9,026) (7) (27,984) (21)
Other (expense) income, net (10) 8 (14) (14)
Impairment on equity securities 0 0 (20,430) 0
Gain (loss) on equity securities, net 9,254 (11,023) (448) (13,633)
Total other income (expense), net 7,755 (5,999) (25,110) (1,975)
Net loss (47,442) (24,269) (190,340) (106,986)
Net loss attributable to non-controlling interest (1,154) 0 (3,275) 0
Net loss attributable to Xencor, Inc. $ (46,288) $ (24,269) $ (187,065) $ (106,986)
Basic net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (0.72) $ (0.40) $ (3.00) $ (1.77)
Diluted net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (0.72) $ (0.40) $ (3.00) $ (1.77)
Weighted average shares used to compute net income (loss) per share attributable to common stockholders:        
Basic weighted average common shares outstanding (in shares) 64,022,547 60,621,534 62,310,045 60,387,163
Diluted weighted average common shares outstanding (in shares) 64,022,547 60,621,534 62,310,045 60,387,163