--- title: "Xenetic Biosciences | 8-K: FY2026 Q1 Revenue: USD 800 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/286257619.md" datetime: "2026-05-13T12:07:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286257619.md) - [en](https://longbridge.com/en/news/286257619.md) - [zh-HK](https://longbridge.com/zh-HK/news/286257619.md) --- # Xenetic Biosciences | 8-K: FY2026 Q1 Revenue: USD 800 K Revenue: As of FY2026 Q1, the actual value is USD 800 K. EBIT: As of FY2026 Q1, the actual value is USD -500 K. #### Royalty Revenue Royalty revenue for the three months ended March 31, 2026, increased approximately 36% to approximately $0.8 million, compared to approximately $0.6 million for the comparable prior year period. This increase was primarily driven by increased royalty payments recognized under Xenetic Biosciences, Inc.’s sublicense agreement with Takeda Pharmaceuticals Co. Ltd. #### Research and Development Expenses Research and development expenses for the three months ended March 31, 2026, decreased approximately 25% to approximately $0.7 million, from approximately $0.9 million for the comparable prior year period. This decrease was primarily due to lower preclinical and exploratory study costs, partially offset by increased manufacturing development efforts supporting the company’s DNase I program. #### General and Administrative Expenses General and administrative expenses for the three months ended March 31, 2026, decreased by approximately 1.4% to approximately $0.6 million, from approximately $0.7 million in the comparable quarter in 2025. The decrease was primarily due to lower personnel and share-based expenses related to the interim Chief Executive Officer, substantially offset by an increase in legal expenses related to the strategic review process. #### Net Loss Net loss for the quarter ended March 31, 2026, decreased approximately 49% to approximately $0.5 million, compared to approximately $0.9 million for the same period in 2025. #### Cash and Cash Equivalents Xenetic Biosciences, Inc. ended the first quarter of 2026 with approximately $7.3 million in cash and cash equivalents, compared to approximately $7.9 million as of December 31, 2025. #### Outlook / Guidance Xenetic Biosciences, Inc. is continuing to evaluate strategic alternatives to maximize shareholder value. The company remains focused on advancing the translational, manufacturing, and clinical foundation of its proprietary DNase I platform. This includes progressing its systemic DNase program into clinical trials as an adjunctive therapy for pancreatic carcinoma and locally advanced or metastatic solid tumors. ### Related Stocks - [XBIO.US](https://longbridge.com/en/quote/XBIO.US.md) ## Related News & Research - [Xenetic Biosciences Reports First Quarter 2026 Financial Results and Highlights Continued Advancement of DNase Oncology Platform | XBIO Stock News](https://longbridge.com/en/news/286257227.md) - [Xenetic Biosciences' Q1 royalty revenue rises, net loss narrows](https://longbridge.com/en/news/286258667.md)