Xencor inc (XNCR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash flows from operating activities
Net income (loss)

26,875

-70,409

-38,486

45,125

-17,592

-16,422

-60,259

-8,594

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization

4,298

3,251

2,030

1,466

1,113

882

711

527

Accretion of discount on marketable securities

4,321

394

-2,845

-2,037

-1,096

-

-

-

Stock-based compensation

31,851

20,548

13,651

7,848

4,869

1,861

198

29

Abandonment of capitalized intangible assets

200

200

400

356

296

509

205

388

Gain from non-monetary exchange

-

-

-

-

-

-

-

754

Loss on disposal of assets

-8

-102

-83

-

9

2

16

86

Loss on sale of marketable securities available-for-sale

-

-74

-

5

5

-

-

-

Loss on exchange of notes for preferred stock

-

-

-

-

-

-

-48,556

-

Accrued interest on convertible promissory notes

-

-

-

-

-

-

1,211

2,456

Changes in operating assets and liabilities:
Accounts receivable

11,321

9,045

-7,474

8,572

-2,922

2,907

-293

325

Interest receivable

387

535

307

609

898

-

-

-

Prepaid expenses and other assets

-3,828

4,769

2,705

1,700

1,068

73

-115

90

Income tax receivable

-704

84

1,524

-

-

-

-

-

Other assets

-

46

161

40

3

-41

20

-15

Accounts payable

6,392

-3,072

2,989

-2,520

4,710

-943

1,319

-522

Accrued expenses

-667

4,182

-1,212

3,058

1,425

859

109

460

Income taxes

-

-157

91

65

-

-

-

-

Deferred rent

-1,513

398

589

-89

572

-

-

-

Lease liabilities and ROU assets

1,354

-

-

-

-

-

-

-

Deferred revenue

7,052

-20,039

-19,350

48,818

29,238

-5,156

2,125

-4,556

Net cash provided by (used in) operating activities

64,374

-79,756

-33,597

95,238

26,666

-21,351

-5,453

-11,052

Cash flows from investing activities
Proceeds from sale of property and equipment

-

9

-

-

9

2

16

97

Purchase of marketable securities

496,855

377,840

76,529

316,149

215,798

-

-

-

Purchase of intangible assets

3,685

1,935

1,967

1,502

1,745

1,505

1,158

1,217

Purchase of property and equipment

7,353

7,212

5,311

1,507

1,930

780

136

41

Proceeds maturities of marketable securities

456,923

222,125

115,757

105,505

34,358

-

-

-

Proceeds from repayment of (investment in) loan receivable

-

-86

86

621

-

-

-

-

Net cash provided by investing activities

-50,970

-164,767

31,864

-214,274

-185,106

-2,283

-1,278

-1,161

Cash flows from financing activities
Proceeds from the sale of Series A-1 preferred

-

-

-

-

-

-

10,000

-

Proceeds from issuance of common stock upon exercise of stock awards

9,269

7,617

2,797

1,160

554

9

13

-

Proceeds from issuance of common stock under the Employee Stock Purchase Plan

1,393

1,120

936

545

623

307

-

-

Proceeds from issuance of common stock

-

260,245

-

126,546

122,906

-

80,517

-

Common stock issuance costs

-

14,741

-

7,277

7,702

-

8,010

-

Preferred stock issuance cost

-

-

-

-

-

-

116

-

Net cash provided by financing activities

10,662

254,241

3,733

120,974

116,381

308

82,394

-12

Payments on capital lease obligations

-

-

-

-

-

8

10

12

Net increase in cash and cash equivalents

24,066

9,718

2,000

1,938

-42,059

-23,326

75,663

-12,225

Supplemental disclosures of cash flow information
Cash paid for:
Interest

11

16

13

21

13

9

1

3

Income taxes

400

233

969

936

1

1

-

-

Supplemental disclosures of non-cash investing activities
Net unrealized gain (loss) on marketable securities, net of tax

2,132

837

-367

-925

-516

-

-

-

Capitalization of licensing rights acquired in non-monetary exchange

-

-

-

-

-

-

-

754

Equipment acquired under capital lease

-

-

-

-

-

-

-

22

Settlement of notes payable for preferred stock

-

-

-

-

-

-

22,134

-