---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-062926"
form_type: "8-K"
ticker: "XOMA"
cik: "0000791908"
company_name: "XOMA Royalty Corp"
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:56:39.458409+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# XOMA reports Q4 2023 net loss $20.1M, revenue $1.8M; cash $159.6M

## Summary
- Full year 2023 net loss $40.8M vs $17.1M in 2022; revenue $4.8M vs $6.0M.
- Closed $130M royalty-backed loan from Blue Owl for VABYSMO; cash and equivalents $159.6M.
- Acquired economic interest in DSUVIA for $8M in Jan 2024; announced $50M stock repurchase program.
- Owen Hughes appointed CEO, Jack Wyszomierski named Chairman effective Jan 7, 2024.
- Received $15.5M in cash payments from royalties and milestones in 2023; $7.3M from VABYSMO.

## SEC filing metadata
- accession: 0001193125-24-062926
- form_type: 8-K
- ticker: XOMA
- cik: 0000791908
- company_name: XOMA Royalty Corp
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/791908/000119312524062926/0001193125-24-062926-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/791908/000119312524062926/d786331d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-062926
- JSON: https://secwatch.observer/filing/0001193125-24-062926.json
- Plain text: https://secwatch.observer/filing/0001193125-24-062926.txt

## Key facts
- Earnings Releases
  XOMA Royalty Corp reported fourth quarter and full year 2023 results: net income net loss for the fourth quarter and year ended December 31, 2023, was $20.1 million and $40.8 million, respectively.
  - Period: fourth quarter and full year 2023
  - Net income: net loss for the fourth quarter and year ended December 31, 2023, was $20.1 million and $40.8 million, respectively
  - Result: reported results
  source text: In 2023, net loss for the fourth quarter and year ended December 31, 2023, was $20.1 million and $40.8 million, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/791908/000119312524062926/0001193125-24-062926-index.htm
- Earnings Releases
  XOMA Royalty Corp reported fourth quarter and full year of 2023 results: revenue $1.8 million and $4.8 million for the fourth quarter and full year of 2023, respectively, net income net loss for the fourth quarter and year ended December 31, 2023, was $20.1 million and $40.8 million, respectively.
  - Period: fourth quarter and full year of 2023
  - Revenue: $1.8 million and $4.8 million for the fourth quarter and full year of 2023, respectively
  - Net income: net loss for the fourth quarter and year ended December 31, 2023, was $20.1 million and $40.8 million, respectively
  - Result: reported results
  source text: XOMA recorded total revenues of $1.8 million and $4.8 million for the fourth quarter and full year of 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/791908/000119312524062926/0001193125-24-062926-index.htm

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