XML 41 R31.htm IDEA: XBRL DOCUMENT v3.25.0.1
Restatement of Previously Issued Financial Statements - Income Statement (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Reclassification [Line Items]        
Collaborations, milestones, and royalties $ 23,907,000 $ 45,523,000 $ 39,904,000 $ 64,485,000
Loss from operations (55,370,000) (25,997,000) (110,033,000) (86,740,000)
Interest expense (9,282,000) (7,000) (18,958,000) (14,000)
Loss before income tax expense (68,782,000)   142,898,000  
Total other income (expense), net (13,412,000) 4,043,000 (32,865,000) 4,023,000
Income tax expense 0 0 0 0
Net loss (68,782,000) (21,954,000) (142,898,000) (82,717,000)
Net loss attributable to non-controlling interest (1,445,000) 0 (2,121,000) 0
Net loss attributable to Xencor, Inc. $ (67,337,000) $ (21,954,000) $ (140,777,000) $ (82,717,000)
Diluted net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (1.09) $ (0.37) $ (2.29) $ (1.38)
Basic net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (1.09) $ (0.37) $ (2.29) $ (1.38)
As Reported        
Reclassification [Line Items]        
Collaborations, milestones, and royalties $ 16,960,000   $ 29,765,000  
Loss from operations (62,317,000)   (120,172,000)  
Interest expense (844,000)   (1,921,000)  
Loss before income tax expense (67,291,000)   136,000,000  
Total other income (expense), net     (15,828,000)  
Income tax expense 117,000   117,000  
Net loss (67,408,000)   (136,117,000)  
Net loss attributable to non-controlling interest (1,445,000)   (2,121,000)  
Net loss attributable to Xencor, Inc. $ (65,963,000)   $ (133,996,000)  
Diluted net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (1.07)   $ (2.18)  
Basic net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (1.07)   $ (2.18)  
Adjustment        
Reclassification [Line Items]        
Collaborations, milestones, and royalties $ 6,947,000   $ 10,139,000  
Loss from operations 6,947,000   10,139,000  
Interest expense (8,438,000)   (17,037,000)  
Loss before income tax expense (1,491,000)   6,898,000  
Total other income (expense), net     (17,037,000)  
Income tax expense (117,000)   (117,000)  
Net loss (1,374,000)   (6,781,000)  
Net loss attributable to non-controlling interest 0   0  
Net loss attributable to Xencor, Inc. $ (1,374,000)   $ (6,781,000)  
Diluted net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (0.02)   $ (0.11)  
Basic net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (0.02)   $ (0.11)