XOMA Royalty Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Long-Term Debt (Tables)

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2024

The following table summarizes the impact of the initial term loan on the Company’s consolidated balance sheet as of December 31, 2024 (in thousands):


	December 31, 2024
Gross principal	$	130,000
Principal repayments		(6,902)
Unaccreted debt discount and debt issuance costs		(4,829)
Total carrying value net of principal repayments, unaccreted debt discount, and debt issuance costs		118,269
Less: current portion of long-term debt		(11,394)
Long-term debt	$	106,875

Schedule of projected future principal payments of initial term loan

Aggregate projected future principal payments of the initial term loan as of December 31, 2024, are as follows (in thousands):


Year Ending December 31,	Payments
2025		12,860
2026		19,265
2027		25,914
2028		32,330
2029		32,729
Total payments	$	123,098

Schedule of interest expense

Interest expense in the consolidated statements of operations for the year ended December 31, 2024 and 2023 relates to the initial term loan (in thousands):


	Year Ended
	December 31,
	2024		2023
Accrued interest expense	$	12,490	$	535
Accretion of debt discount and debt issuance costs		1,350		34
Total interest expense	$	13,840	$	569

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details