Xenon Pharmaceuticals Inc. (XENE) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
200 - 3650 GILMORE WAY BURNABY, BC V5G 48W |
| State of Incorp. | BC |
| 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)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 592,087 | 551,774 | 176,997 | 141,358 | 119,306 | 43,667 | |||
| Cash and cash equivalents | 57,242 | 175,688 | 45,009 | 24,755 | 67,754 | 20,486 | |||
| Short-term investments | 534,845 | 376,086 | 131,988 | 116,603 | 51,552 | 23,181 | |||
| Receivables | 986 | 2,765 | 1,822 | 813 | 256 | 438 | |||
| Other undisclosed current assets | 7,225 | 4,481 | 2,964 | 2,695 | 1,875 | 716 | |||
| Total current assets: | 600,298 | 559,020 | 181,783 | 144,866 | 121,437 | 44,821 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 10,406 | 8,056 | 3,326 | 933 | ✕ | ✕ | |||
| Property, plant and equipment | 6,500 | 4,466 | 3,554 | 1,660 | 991 | 1,070 | |||
| Long-term investments and receivables | 128,682 | ||||||||
| Long-term investments | 128,682 | ||||||||
| Prepaid expense | 7,751 | 230 | |||||||
| Deferred income tax assets | 509 | 465 | 523 | ✕ | ✕ | ||||
| Other undisclosed noncurrent assets | 238 | ||||||||
| Total noncurrent assets: | 153,848 | 12,987 | 7,403 | 2,831 | 991 | 1,300 | |||
| TOTAL ASSETS: | 754,146 | 572,007 | 189,186 | 147,697 | 122,428 | 46,121 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 22,214 | 13,717 | 10,874 | 8,818 | 4,119 | 3,383 | |||
| Employee-related liabilities | ✕ | ✕ | 5,940 | 2,859 | 2,892 | 1,728 | 1,017 | ||
| Accounts payable | 8,491 | 3,824 | 3,041 | 2,473 | 665 | 1,253 | |||
| Accrued liabilities | 6,575 | 403 | 236 | 349 | 322 | 296 | |||
| Other undisclosed accounts payable and accrued liabilities | 7,148 | 3,550 | 4,738 | 3,104 | 1,404 | 817 | |||
| Deferred revenue | 3,642 | 29,743 | ✕ | ✕ | |||||
| Debt | 4,818 | 700 | |||||||
| Other undisclosed current liabilities | 488 | 605 | 265 | ||||||
| Total current liabilities: | 22,702 | 14,322 | 14,781 | 43,379 | 4,119 | 4,083 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,652 | 3,050 | 11,632 | 15,014 | 6,104 | ||||
| Long-term debt, excluding current maturities | 10,889 | 15,014 | 6,104 | ||||||
| Liabilities, other than long-term debt | 9,947 | 709 | |||||||
| Deferred revenue | 709 | ✕ | ✕ | ||||||
| Operating lease, liability | 9,947 | 7,652 | 3,050 | 743 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (7,652) | (3,050) | |||||||
| Total noncurrent liabilities: | 9,947 | 7,652 | 3,050 | 12,341 | 15,014 | 6,104 | |||
| Total liabilities: | 32,649 | 21,974 | 17,831 | 55,720 | 19,133 | 10,187 | |||
| Equity | |||||||||
| Equity, attributable to parent | 721,497 | 550,033 | 171,355 | 91,977 | 103,295 | 35,934 | |||
| Preferred stock | 7,732 | 7,732 | 7,732 | 7,732 | |||||
| Common stock | 1,065,136 | 783,170 | 397,748 | 294,244 | 265,923 | 173,841 | |||
| Additional paid in capital | 142,108 | 117,495 | 45,357 | 40,646 | 38,515 | 36,471 | |||
| Accumulated other comprehensive loss | (3,000) | (990) | (990) | (990) | (990) | (990) | |||
| Accumulated deficit | (482,747) | (357,374) | (278,492) | (249,655) | (207,885) | (173,388) | |||
| Total equity: | 721,497 | 550,033 | 171,355 | 91,977 | 103,295 | 35,934 | |||
| TOTAL LIABILITIES AND EQUITY: | 754,146 | 572,007 | 189,186 | 147,697 | 122,428 | 46,121 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,434 | 18,437 | 32,166 | 6,829 | 1,067 | 311 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 311 | |
| Net investment income | 3,517 | 4,115 | 2,216 | 1,067 | ||||
| Gross profit: | 9,434 | 18,437 | 32,166 | 6,829 | 1,067 | 311 | ||
| Operating expenses | (138,577) | (97,430) | (63,467) | (49,648) | (38,016) | (32,886) | ||
| Other undisclosed operating loss | (1,067) | |||||||
| Operating loss: | (129,143) | (78,993) | (31,301) | (42,819) | (38,016) | (32,575) | ||
| Nonoperating income | 3,888 | 824 | 3,679 | 2,635 | 4,913 | 1,871 | ||
| Investment income, nonoperating | 8,713 | 466 | 2,283 | 2,353 | 1,216 | 477 | ||
| Gain on contract termination | 4,398 | |||||||
| Gain (loss), foreign currency transaction, before tax | (1,891) | 358 | 1,396 | 282 | (701) | 1,394 | ||
| Interest and debt expense | (1,472) | (1,434) | (1,394) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (125,255) | (78,169) | (29,094) | (41,618) | (34,497) | (30,704) | ||
| Other undisclosed loss from continuing operations before income taxes | (719) | |||||||
| Loss from continuing operations before income taxes: | (125,255) | (78,888) | (29,094) | (41,618) | (34,497) | (30,704) | ||
| Income tax expense (benefit) | (118) | 6 | 257 | 23 | ||||
| Loss from continuing operations: | (125,373) | (78,882) | (28,837) | (41,595) | (34,497) | (30,704) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (78,882) | (28,837) | (41,595) | (34,497) | (30,704) | |
| Net loss attributable to parent: | (125,373) | (78,882) | (28,837) | (41,595) | (34,497) | (30,704) | ||
| Other undisclosed net income available to common stockholders, basic | 437 | 1,795 | 824 | 1,568 | 2,881 | |||
| Net loss available to common stockholders, basic: | (124,936) | (77,087) | (28,013) | (40,027) | (31,616) | (30,704) | ||
| Dilutive securities, effect on basic earnings per share | (187) | |||||||
| Net loss available to common stockholders, diluted: | (124,936) | (77,087) | (28,013) | (40,027) | (31,616) | (30,891) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (125,373) | (78,882) | (28,837) | (41,595) | (34,497) | (30,704) | ||
| Other comprehensive income (loss) | (2,010) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (127,383) | (78,882) | (28,837) | (41,595) | (34,497) | (30,704) | ||
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.