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Consolidated Statements of Loss (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Collaborations, milestones, and royalties $ 23,907 $ 45,523 $ 39,904 $ 64,485
Operating expenses        
Research and development 61,531 60,060 118,404 125,612
General and administrative 17,746 11,460 31,533 25,613
Total operating expenses 79,277 71,520 149,937 151,225
Loss from operations (55,370) (25,997) (110,033) (86,740)
Other income (expense)        
Interest income 7,681 3,771 16,229 6,670
Interest expense (9,282) (7) (18,958) (14)
Other expense, net (4) (9) (4) (23)
Impairment on equity securities 220 0 (20,430) 0
Gain (loss) on equity securities, net (12,027) 288 (9,702) (2,610)
Total other income (expense), net (13,412) 4,043 (32,865) 4,023
Net loss (68,782) (21,954) (142,898) (82,717)
Net loss attributable to non-controlling interest (1,445) 0 (2,121) 0
Net loss attributable to Xencor, Inc. $ (67,337) $ (21,954) $ (140,777) $ (82,717)
Basic net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (1.09) $ (0.37) $ (2.29) $ (1.38)
Diluted net loss per common share attributable to Xencor, Inc. (in dollars per share) $ (1.09) $ (0.37) $ (2.29) $ (1.38)
Weighted average shares used to compute net income (loss) per share attributable to common stockholders:        
Basic weighted average common shares outstanding (in shares) 61,676,444 59,807,558 61,444,384 59,922,784
Diluted weighted average common shares outstanding (in shares) 61,676,444 59,807,558 61,444,384 59,922,784