Xencor inc (XNCR)

CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Cash flows from operating activities
Net income (loss)

-61,244

26,875

35,588

48,964

39,129

-70,409

-44,843

-70,647

-52,504

-38,486

-33,418

-18,842

36,048

45,125

40,447

38,487

-17,546

-17,592

-26,698

-22,939

-19,115

-16,422

-18,776

-14,333

-59,398

-60,259

0

0

0

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

4,675

4,298

3,956

3,702

3,517

3,251

2,978

2,718

2,350

2,030

1,887

1,702

1,594

1,466

1,344

1,247

1,155

1,113

1,029

890

802

882

899

898

892

711

0

0

0

Accretion of discount on marketable securities

4,293

4,321

3,795

2,676

1,475

394

-765

-1,895

-2,666

-2,845

-2,787

-2,517

-2,270

-2,037

-1,852

-1,732

-1,459

-1,096

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation

32,507

31,851

29,748

26,354

21,933

20,548

18,913

16,397

14,964

13,651

12,201

10,462

9,046

7,848

7,341

6,562

5,722

4,869

4,137

3,522

2,690

1,861

1,254

827

471

198

0

0

0

Abandonment of capitalized intangible assets

170

200

197

240

253

200

245

225

396

400

522

536

356

356

123

287

268

296

293

432

536

509

460

160

47

205

0

0

0

Equity received in connection with license agreement

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of equity security

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

0

0

0

-

-

-

-

16

0

0

0

Loss on sale of marketable securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest on convertible promissory notes (See Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

-130,917

11,321

1,822

8,783

136,578

9,045

1,631

-13,594

-5,840

-7,474

-2,257

-135,478

6,290

8,572

2,680

149,901

237

-2,922

389

393

-100

2,907

21

62

-13

-293

0

0

0

Interest receivable

203

387

-86

94

195

535

329

744

111

307

670

927

1,155

609

780

68

711

898

0

0

0

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-2,957

-3,828

-4,609

-767

2,784

4,769

5,269

4,446

2,283

2,705

3,383

5,396

2,482

1,700

2,641

1,561

1,609

1,068

726

311

116

73

0

0

0

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Accounts payable

4,827

6,392

2,322

4,078

-3,037

-3,072

-619

-2,464

4,248

2,989

-732

-314

-16

-2,520

2,227

4,617

1,902

4,710

3,010

1,703

285

-943

-1,263

-1,401

-820

1,319

0

0

0

Accrued expenses

1,587

-667

2,160

303

1,094

4,182

1,036

1,939

-1,891

-1,212

-1,900

707

4,111

3,058

2,719

740

705

1,425

2,095

1,249

264

859

978

516

746

109

0

0

0

Income taxes

-

-

1,203

1,604

900

-157

0

-456

-176

91

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

398

696

807

861

589

332

-48

-93

-89

-85

-98

-7

572

0

0

0

-

-

-

-

-

-

-

-

Lease liabilities and ROU assets

1,559

1,354

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-16,964

7,052

0

0

0

-

-

-

-

-19,350

-21,540

-29,022

55,470

48,818

56,303

108,192

23,377

29,238

41,291

-3,964

-4,355

-5,156

-4,179

-5,491

-3,189

2,125

0

0

0

Net cash provided by (used in) operating activities

92,562

64,374

67,170

63,336

-74,239

-79,756

-69,641

-62,839

-47,296

-33,597

-42,098

95,485

98,992

95,238

106,560

12,006

14,459

26,666

24,647

-19,593

-18,451

-21,351

-19,635

-19,027

-12,092

-5,453

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

0

0

0

-

-

-

-

16

0

0

0

Purchase of marketable securities

589,476

496,855

398,888

336,530

395,999

377,840

358,452

328,898

101,238

76,529

163,205

342,466

306,797

316,149

249,456

74,593

184,225

215,798

0

0

0

-

-

-

-

-

-

-

-

Purchase of intangible assets

3,172

3,685

3,565

3,217

2,597

1,935

1,749

1,757

1,654

1,967

1,815

1,833

1,861

1,502

1,732

1,591

1,517

1,745

1,588

1,632

1,694

1,505

1,148

1,087

1,019

1,158

0

0

0

Purchase of property and equipment

9,011

7,353

7,230

5,663

5,281

7,212

5,904

7,471

7,163

5,311

4,106

2,270

1,684

1,507

1,439

1,308

1,672

1,930

1,944

1,559

1,289

780

560

436

166

136

0

0

0

Proceeds maturities of marketable securities

549,581

456,923

349,843

269,372

240,100

222,125

203,325

174,417

145,866

115,757

87,866

132,711

95,756

105,505

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from repayment of (investment in) loan receivable

-

-

-

-

-

-86

-86

-86

-174

86

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-52,078

-50,970

-59,831

-76,029

-163,768

-164,767

-162,694

-163,623

35,985

31,864

-81,967

-214,565

-215,381

-214,274

-151,072

-16,474

-126,388

-185,106

-144,003

-151,509

-50,893

-2,283

-1,707

-1,518

-1,178

-1,278

0

0

0

Cash flows from financing activities
Proceeds from issuance of common stock upon exercise of stock awards

10,073

9,269

7,504

8,608

7,174

7,617

7,196

4,032

2,881

2,797

2,881

2,393

1,986

1,160

959

572

574

554

544

301

185

9

0

0

0

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

260,245

0

0

0

-

-

-

-

-

-

-

-

122,906

0

0

0

-

-

-

-

-

-

-

-

Common stock issuance costs

-

-

-

-

-

14,741

0

0

0

-

-

-

-

-

-

-

-

7,702

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

11,466

10,662

8,854

9,958

8,293

254,241

253,697

250,534

249,322

3,733

122,912

122,423

121,800

120,974

1,561

1,174

1,031

116,381

116,171

116,055

115,856

308

72,644

75,015

82,398

82,394

0

0

0

Payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

14

10

10

10

0

0

0

Net increase in cash and cash equivalents

51,950

24,066

16,193

-2,735

-229,714

9,718

21,362

24,072

238,011

2,000

-1,153

3,343

5,411

1,938

-42,951

-3,294

-110,898

-42,059

-37,289

-55,047

46,512

-23,326

100,024

54,470

69,128

75,663

0

0

0

Supplemental disclosures of cash flow information
Cash paid for:
Interest

13

11

18

17

17

16

14

14

13

13

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Income taxes

-

-

-

-

-

233

349

1,079

1,079

969

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

711

2,132

3,774

3,637

2,546

837

-1,241

-768

-1,005

-367

-847

-1,456

-1,299

-925

-244

126

68

-516

0

0

0

-

-

-

-

-

-

-

-

Common stock issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-