XOMA Royalty Corp files 10-K

XOMA Royalty Corporation reported a net income of $31.7 million for the year ended December 31, 2025, a significant improvement from a net loss of $13.8 million in the prior year. This turnaround was driven by increased income from purchased receivables and gains on acquisitions, though operating expenses also rose, primarily due to higher general and administrative costs. The company completed several acquisitions during the year, expanding its portfolio.