XOMA Royalty Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Long-Term Debt - Agreement (Details)

Long-Term Debt - Agreement (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended		3 Months Ended		9 Months Ended
	Dec. 15, 2023	Sep. 30, 2025	Mar. 31, 2025	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024	Dec. 31, 2024	Dec. 31, 2023
Long-Term Debt
Current portion of long-term debt		$ 14,345		$ 14,345		$ 14,345		$ 11,394
Long-term debt		$ 94,382		$ 94,382		94,382		$ 106,875
Cash paid for interest						11,906	$ 9,985
Principal repayment						$ 10,598	6,902
Common Stock Warrants, Exercise price of $35.00 per share
Long-Term Debt
Exercise price of warrants (in dollars per share)		$ 35		$ 35		$ 35		$ 35
Common Stock Warrants, Exercise price of $42.50 per share
Long-Term Debt
Exercise price of warrants (in dollars per share)		42.5		42.5		42.5		42.5
Common Stock Warrants, Exercise price of $50.00 per share
Long-Term Debt
Exercise price of warrants (in dollars per share)		$ 50		$ 50		$ 50		$ 50
Blue Owl Loan Agreement
Long-Term Debt
Maximum borrowing capacity	$ 140,000
Interest rate (as a percent)	9.875%
Security interest as a percentage of equity of wholly owned subsidiary	100.00%
Blue Owl Loan Agreement \| Common Stock Warrants, Issued December 2023
Long-Term Debt
Fair value of warrants	$ 1,500
Blue Owl Loan Agreement \| Common Stock Warrants, Exercise price of $35.00 per share
Long-Term Debt
Warrants to purchase shares of common stock	40,000
Exercise price of warrants (in dollars per share)	$ 35
Blue Owl Loan Agreement \| Common Stock Warrants, Exercise price of $42.50 per share
Long-Term Debt
Warrants to purchase shares of common stock	40,000
Exercise price of warrants (in dollars per share)	$ 42.5
Blue Owl Loan Agreement \| Common Stock Warrants, Exercise price of $50.00 per share
Long-Term Debt
Warrants to purchase shares of common stock	40,000
Exercise price of warrants (in dollars per share)	$ 50
Blue Owl Loan Agreement, Initial term loan
Long-Term Debt
Maximum borrowing capacity	$ 130,000
Aggregate principal amount	130,000	$ 130,000		$ 130,000		$ 130,000
Proceeds from issuance of long-term debt, net	119,600
Fees and lender expenses	4,100
Amount deposited into reserve accounts to pay interest, administrative fees and operating expenses	6,300
Debt issuance costs	600	400		400		400
Gross principal	130,000	$ 112,498		$ 112,498		$ 112,498
Effective interest rate (as a percent)		11.06%		11.06%		11.06%			11.01%
Debt discount costs	5,300	$ 3,300		$ 3,300		$ 3,300
Debt discount, allocated fees and lender expenses	3,800
Current portion of long-term debt		14,345		14,345		14,345		$ 11,400
Long-term debt		94,382		94,382		94,382		$ 106,900
Interest expense				$ 3,301	$ 3,493	10,004	$ 10,446
Semi-annual payment, principal and interest		11,400	$ 11,100
Cash paid for interest		5,800	6,100
Principal repayment		$ 5,600	$ 5,100
Blue Owl Loan Agreement, Initial term loan \| Common Stock Warrants, Issued December 2023
Long-Term Debt
Fair value of warrants	1,500
Blue Owl Loan Agreement, Delayed draw term loan
Long-Term Debt
Maximum borrowing capacity	10,000
Proceeds from issuance of long-term debt						$ 0
Allocated costs for the term loan commitment	$ 300