XOMA Corp Pref Share 8.625 Perp 12/15/21 | 8-K: FY2025 Q1 Revenue: USD 15.91 M

Revenue: As of FY2025 Q1, the actual value is USD 15.91 M.

EPS: As of FY2025 Q1, the actual value is USD 0.06.

Segment Revenue

• Total income and revenues for the first quarter of 2025 were $15.9 million, compared to $1.5 million for the same period in 2024.

Operational Metrics

• Net income for the first quarter ended March 31, 2025, was $2.4 million, compared to a net loss of $8.6 million in the first quarter of 2024.
• Research and Development (R&D) expenses were $1.3 million in the first quarter of 2025, compared to $33,000 in the first quarter of 2024.
• General and Administrative (G&A) expenses were $8.1 million in the first quarter of 2025, compared with $8.5 million for the same period in 2024.

Cash Flow

• Net cash provided by operating activities was $2.2 million for the first quarter of 2025, compared to - $4.9 million for the same period in 2024.
• Net cash used in investing activities was - $6.7 million for the first quarter of 2025, compared to - $7.2 million for the same period in 2024.
• Net cash used in financing activities was - $6.9 million for the first quarter of 2025, compared to - $5.0 million for the same period in 2024.

Unique Metrics

• XOMA Royalty received $18.0 million in cash receipts in the first quarter of 2025, including $13.4 million in royalties and commercial payments and $4.6 million in milestones and fees.

Outlook / Guidance

• XOMA Royalty anticipates becoming cash flow positive on a consistent basis exclusively from cash payments received from royalties.
• The company is committed to generating shareholder value through prudent cash deployment, strict expense control, and opportunistic share repurchases.
• XOMA Royalty believes a path to sustained cash flow generation is tangible with accelerating royalty receipts and a robust pipeline.