---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-205589"
form_type: "8-K"
ticker: "XOMA"
cik: "0000791908"
company_name: "XOMA Royalty Corp"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:18:28.684636+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# XOMA Q2 net loss $5.4M; revenue $1.7M, cash $31.4M; two royalty deals in H1

## Summary
- Total revenue $1.7M (Q2 2022: $1.0M), driven by $1.1M milestone from Janssen license.
- Net loss $5.4M vs $4.7M in Q2 2022; includes $1.6M non-cash impairment on Bioasis royalty.
- Cash and equivalents $31.4M at June 30, 2023, down from $57.8M at Dec 31, 2022.
- Net cash used in operations $7.2M, including $4.1M one-time arbitration settlement cost.
- Expects lower milestone receipts in 2023 due to partner delays; cash sufficient for multiple years.

## SEC filing metadata
- accession: 0001193125-23-205589
- form_type: 8-K
- ticker: XOMA
- cik: 0000791908
- company_name: XOMA Royalty Corp
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/791908/000119312523205589/0001193125-23-205589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/791908/000119312523205589/d476330d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-205589
- JSON: https://secwatch.observer/filing/0001193125-23-205589.json
- Plain text: https://secwatch.observer/filing/0001193125-23-205589.txt

## Key facts
- Earnings Releases
  XOMA Royalty Corp reported the quarter ended June 30, 2023 results: revenue total revenues of $1.7 million, net income Net loss for the second quarter of 2023 was $5.4 million.
  - Period: the quarter ended June 30, 2023
  - Revenue: total revenues of $1.7 million
  - Net income: Net loss for the second quarter of 2023 was $5.4 million
  - Result: reported results
  source text: XOMA recorded total revenues of $1.7 million for the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/791908/000119312523205589/0001193125-23-205589-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.