XML 42 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities      
Net loss $ (16,422)xncr_NetProfitLoss $ (60,259)xncr_NetProfitLoss $ (8,594)xncr_NetProfitLoss
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Depreciation and amortization 882us-gaap_DepreciationDepletionAndAmortization 711us-gaap_DepreciationDepletionAndAmortization 527us-gaap_DepreciationDepletionAndAmortization
Stock-based compensation 1,861us-gaap_ShareBasedCompensation 198us-gaap_ShareBasedCompensation 29us-gaap_ShareBasedCompensation
Abandonment of capitalized intangible assets 509us-gaap_NoncashProjectAbandonmentCosts 205us-gaap_NoncashProjectAbandonmentCosts 388us-gaap_NoncashProjectAbandonmentCosts
Gain from non-monetary exchange     (754)xncr_GainLossOnNonMonetaryExchange
Gain on disposal of assets (2)us-gaap_GainLossOnDispositionOfAssets1 (16)us-gaap_GainLossOnDispositionOfAssets1 (86)us-gaap_GainLossOnDispositionOfAssets1
Loss on exchange of notes for preferred stock   48,556us-gaap_GainsLossesOnExtinguishmentOfDebt  
Accrued interest on convertible promissory notes (See Note 3)   1,211us-gaap_AmortizationOfFinancingCosts 2,456us-gaap_AmortizationOfFinancingCosts
Changes in operating assets and liabilities:      
Accounts receivable (2,907)xncr_IncreaseDecreaseCollaborationPartnerReceivable 293xncr_IncreaseDecreaseCollaborationPartnerReceivable (325)xncr_IncreaseDecreaseCollaborationPartnerReceivable
Prepaid expenses and other assets (73)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 115us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (90)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets 41us-gaap_IncreaseDecreaseInOtherNoncurrentAssets (20)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets 15us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Accounts payable (943)us-gaap_IncreaseDecreaseInAccountsPayable 1,319us-gaap_IncreaseDecreaseInAccountsPayable (522)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued expenses 859us-gaap_IncreaseDecreaseInAccruedLiabilities 109us-gaap_IncreaseDecreaseInAccruedLiabilities 460us-gaap_IncreaseDecreaseInAccruedLiabilities
Deferred revenue (5,156)us-gaap_IncreaseDecreaseInDeferredRevenue 2,125us-gaap_IncreaseDecreaseInDeferredRevenue (4,556)us-gaap_IncreaseDecreaseInDeferredRevenue
Net cash used in operating activities (21,351)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (5,453)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (11,052)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities      
Purchase of intangible assets (1,505)us-gaap_PaymentsToAcquireIntangibleAssets (1,158)us-gaap_PaymentsToAcquireIntangibleAssets (1,217)us-gaap_PaymentsToAcquireIntangibleAssets
Purchase of property and equipment (780)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (136)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (41)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of property and equipment 2us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 16us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 97us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash used in investing activities (2,283)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (1,278)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (1,161)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities      
Preferred stock issuance cost   (116)us-gaap_PaymentsOfStockIssuanceCosts  
Proceeds from the sale of Series A-1 preferred   10,000us-gaap_ProceedsFromIssuanceOfConvertiblePreferredStock  
Proceeds from issuance of common stock upon exercise of stock awards 9us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 13us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions  
Proceeds from issuance of common stock under the Employee Stock Purchase Plan 307us-gaap_ProceedsFromStockPlans    
Proceeds from sale of common stock   80,517us-gaap_ProceedsFromIssuanceOfCommonStock  
Payments of Initial Public Offering costs   (8,010)xncr_PaymentsOfInitialPublicOfferingCosts  
Payments on capital lease obligations (8)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (10)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (12)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Net cash provided by financing activities 308us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 82,394us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (12)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash (23,326)us-gaap_NetCashProvidedByUsedInContinuingOperations 75,663us-gaap_NetCashProvidedByUsedInContinuingOperations (12,225)us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash, beginning of period 77,975us-gaap_CashAndCashEquivalentsAtCarryingValue 2,312us-gaap_CashAndCashEquivalentsAtCarryingValue 14,537us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash, end of period 54,649us-gaap_CashAndCashEquivalentsAtCarryingValue 77,975us-gaap_CashAndCashEquivalentsAtCarryingValue 2,312us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid for:      
Interest 9us-gaap_InterestPaidNet 1us-gaap_InterestPaidNet 3us-gaap_InterestPaidNet
Taxes 1us-gaap_IncomeTaxesPaid    
Supplemental Schedule of Noncash Investing and Financing Activities      
Capitalization of licensing rights acquired in non-monetary exchange     754us-gaap_FairValueOfAssetsAcquired
Equipment acquired under capital lease     22us-gaap_CapitalLeaseObligationsIncurred
Settlement of notes payable for preferred stock   $ 22,134us-gaap_NotesIssued1