Xenetic Biosciences Inc. (XBIO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
945 CONCORD ST. FRAMINGHAM, MA 01701 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,983 | 13,097 | 18,244 | 11,528 | 10,368 | 572 | |||
| Cash and cash equivalents | 8,983 | 13,097 | 18,244 | 11,528 | 10,368 | 572 | |||
| Prepaid expense | 200 | ||||||||
| Other undisclosed current assets | 604 | 556 | 279 | 842 | 722 | 622 | |||
| Total current assets: | 9,587 | 13,653 | 18,723 | 12,370 | 11,090 | 1,194 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1 | 5 | |||||||
| Intangible assets, net (including goodwill) | 9,243 | 12,527 | |||||||
| Goodwill | 3,283 | ||||||||
| Intangible assets, net (excluding goodwill) | 9,243 | 9,243 | |||||||
| Other noncurrent assets | 1,018 | 1,067 | 1,092 | 810 | 1,213 | 706 | |||
| Total noncurrent assets: | 1,018 | 1,067 | 1,092 | 810 | 10,457 | 13,237 | |||
| TOTAL ASSETS: | 10,605 | 14,720 | 19,815 | 13,179 | 21,547 | 14,431 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 810 | 1,073 | 1,394 | 610 | 484 | 1,598 | |||
| Accounts payable | 241 | 287 | 362 | 327 | 931 | 934 | |||
| Accrued liabilities | 569 | 786 | 1,032 | 574 | 464 | 664 | |||
| Other undisclosed accounts payable and accrued liabilities | (292) | (911) | |||||||
| Debt | 20 | ||||||||
| Other liabilities | 2 | ||||||||
| Other undisclosed current liabilities | 27 | 327 | 911 | ||||||
| Total current liabilities: | 810 | 1,073 | 1,421 | 937 | 1,415 | 1,600 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 27 | 2,919 | |||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,919 | ||
| Deferred income tax liabilities | 27 | ✕ | |||||||
| Other undisclosed noncurrent liabilities | 2,919 | ||||||||
| Total noncurrent liabilities: | 27 | 2,919 | 2,919 | ||||||
| Total liabilities: | 810 | 1,073 | 1,421 | 964 | 4,334 | 4,518 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 9,796 | 13,647 | 18,394 | 12,216 | 17,213 | 9,913 | |||
| Common stock | 2 | 15 | 13 | 9 | 6 | 10 | |||
| Treasury stock, value | (5,281) | (5,281) | (5,281) | (5,281) | (5,281) | (5,281) | |||
| Additional paid in capital | 208,054 | 207,756 | 205,953 | 194,134 | 188,240 | 168,161 | |||
| Accumulated other comprehensive income | 254 | 254 | 254 | 254 | 254 | 254 | |||
| Accumulated deficit | (193,234) | (189,100) | (182,547) | (176,902) | (166,009) | (153,234) | |||
| Other undisclosed equity, attributable to parent | 2 | 3 | 3 | 3 | 3 | 3 | |||
| Total equity: | 9,796 | 13,647 | 18,394 | 12,216 | 17,213 | 9,913 | |||
| TOTAL LIABILITIES AND EQUITY: | 10,605 | 14,720 | 19,815 | 13,179 | 21,547 | 14,431 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,540 | 1,707 | 1,161 | 437 | 17 | |||
| Gross profit: | 2,540 | 1,707 | 1,161 | 437 | 17 | |||
| Operating expenses | (7,056) | (8,425) | (6,907) | (14,375) | (12,904) | (7,276) | ||
| Operating loss: | (4,516) | (6,718) | (5,747) | (13,938) | (12,887) | (7,276) | ||
| Nonoperating income (expense) | 381 | 166 | 102 | 126 | 112 | (24) | ||
| Other nonoperating income (expense) | 25 | (2) | 1 | (0) | 3 | (25) | ||
| Interest and debt expense | 144 | |||||||
| Loss from continuing operations before income taxes: | (4,135) | (6,552) | (5,645) | (13,668) | (12,775) | (7,300) | ||
| Income tax benefit | 1,562 | 2,919 | ||||||
| Loss from continuing operations: | (4,135) | (6,552) | (4,083) | (10,750) | (12,775) | (7,300) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (4,083) | (10,750) | (12,775) | (7,300) | |
| Other undisclosed net loss | (1,562) | |||||||
| Net loss: | (4,135) | (6,552) | (5,645) | (10,750) | (12,775) | (7,300) | ||
| Other undisclosed net loss attributable to parent | (144) | |||||||
| Net loss attributable to parent: | (4,135) | (6,552) | (5,645) | (10,893) | (12,775) | (7,300) | ||
| Preferred stock dividends and other adjustments | (5,284) | |||||||
| Net loss available to common stockholders, diluted: | (4,135) | (6,552) | (5,645) | (10,893) | (18,059) | (7,300) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,135) | (6,552) | (5,645) | (10,750) | (12,775) | (7,300) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,135) | (6,552) | (5,645) | (10,750) | (12,775) | (7,300) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.