XOMA Royalty Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Measurements

Schedule of financial assets and liabilities measured at fair value on a recurring basis

The following tables set forth the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as follows (in thousands):


		Fair Value Measurements at March 31, 2024 Using:
		Quoted Prices in			Significant Other			Significant
		Active Markets for			Observable			Unobservable
		Identical Assets			Inputs			Inputs
		(Level 1)			(Level 2)			(Level 3)			Total
Assets:
Cash equivalents:
Money market funds		$	134,729		$	—		$	—		$	134,729
Total cash equivalents			134,729			—			—			134,729
Equity securities			413			—			—			413
Total financial assets		$	135,142		$	—		$	—		$	135,142
Liabilities:
Contingent consideration under RPAs, AAAs and CPPAs, measured at fair value		$	—		$	—		$	—		$	—


		Fair Value Measurements at December 31, 2023 Using:
		Quoted Prices in			Significant Other			Significant
		Active Markets for			Observable			Unobservable
		Identical Assets			Inputs			Inputs
		(Level 1)			(Level 2)			(Level 3)			Total
Assets:
Cash equivalents:
Money market funds		$	28,352		$	—		$	—		$	28,352
Total cash equivalents			28,352			—			—			28,352
Equity securities			161			—			—			161
Total financial assets		$	28,513		$	—		$	—		$	28,513
Liabilities:
Contingent consideration under RPAs, AAAs and CPPAs, measured at fair value		$	—		$	—		$	1,000		$	1,000