XML 42 R23.htm IDEA: XBRL DOCUMENT
v3.22.4

Consolidated Financial Statements Details (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Consolidated Financial Statements Detail |
Schedule of cost, accumulated amortization, and net carrying value of intangible assets | The following table summarizes cost, accumulated amortization, and net carrying value of the intangible assets as of December 31, 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Accumulated | ​ | Net Carrying
​ | ​ | Cost | ​ | Amortization | ​ | Value
As of December 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Ebopiprant IP (Note 4) | ​ | $ | 15,247 | ​ | $ | 97 | ​ | $ | 15,150
Total intangible assets | ​ | $ | 15,247 | ​ | $ | 97 | ​ | $ | 15,150
​
Schedule of projected amortization expense for next five years | The following table presents the projected amortization expense for the next five years (in thousands): ​
​ | ​ | ​ | ​
​ | ​ | Intangible Asset
​ |  | Amortization
​ |  | ​ | ​
2023 | ​ | $ | 897
2024 | ​ |  | 897
2025 | ​ |  | 897
2026 | ​ | ​ | 897
2027 | ​ | ​ | 897
Total | ​ | $ | 4,485
​
Schedule of accrued and other liabilities | Accrued and other liabilities consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31,
​ |  | 2022 |  | 2021
Accrued payroll and benefits | ​ |  | 1,449 | ​ |  | 135
Accrued legal and accounting fees | ​ | ​ | 867 | ​ | ​ | 295
Accrued incentive compensation | ​ | ​ | 562 | ​ | ​ | 55
Other accrued liabilities | ​ | ​ | 40 | ​ | ​ | 40
Total | ​ | $ | 2,918 | ​ | $ | 525
Schedule of reconciliation of numerator and denominator used in calculation of basic and diluted net (loss) per share available to common stockholders | The following is a reconciliation of the numerator (net (loss) income) and denominator (number of shares) used in the calculation of basic and diluted net (loss) income per share attributable to common stockholders (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2022 |  | 2021
Numerator |  | ​ |  |  | ​ |
Net (loss) income | ​ | $ | (17,104) | ​ | $ | 15,798
Less: Series A accumulated dividends | ​ |  | (2,122) | ​ |  | (2,122)
Less: Series B accumulated dividends | ​ | ​ | (3,350) | ​ | ​ | (2,438)
Less: Allocation of undistributed earnings to participating securities | ​ |  | — | ​ | ​ | (3,451)
Net (loss) income (attributable to) available to common stockholders, basic | ​ | $ | (22,576) | ​ | $ | 7,787
Add: Adjustments to undistributed earnings allocated to participating securities | ​ |  | — | ​ | ​ | 181
Net (loss) income (attributable to) available to common stockholders, diluted | ​ | $ | (22,576) | ​ | $ | 7,968
​ | ​ | ​ | ​ | ​ |  | ​
Denominator | ​ |  | ​ | ​ |  | ​
Weighted average shares used in computing basic and diluted net (loss) income per share (attributable to) available to common stockholders | ​ |  | 11,413 | ​ |  | 11,288
Effect of dilutive stock options | ​ |  | — | ​ | ​ | 900
Effect of dilutive warrants | ​ |  | — | ​ | ​ | 4
Weighted average shares used in computing diluted net (loss) income per share (attributable to) available to common stockholders | ​ |  | 11,413 | ​ |  | 12,192
Basic net (loss) income per share (attributable to) available to common stockholders | ​ | $ | (1.98) | ​ | $ | 0.69
Diluted net (loss) income per share (attributable to) available to common stockholders | ​ | $ | (1.98) | ​ | $ | 0.65
Schedule of outstanding securities considered anti-dilutive | The following table shows the weighted-average outstanding securities considered anti-dilutive and therefore excluded from the computation of diluted net (loss) income per share attributable to common stockholders (in thousands): ​
​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2022 |  | 2021
Convertible preferred stock | ​ | 5,003 | ​ | —
Common stock options |  | 885 | ​ | 479
Warrants for common stock |  | 6 | ​ | —
Total |  | 5,894 |  | 479
​

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Consolidated financial statement detail. + References No definition available. + Details
Name: | xoma_ConsolidatedFinancialStatementDetailAbstract
Namespace Prefix: | xoma_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration