EXAGEN INC. financial data

Symbol
XGN on Nasdaq
Location
Vista, CA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 04 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 340% % -20%
Debt-to-equity 275% % 58%
Return On Equity -138% % -49%
Return On Assets -37% % -9.3%
Operating Margin -20% % 29%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 22,663,099 shares 28%
Common Stock, Shares, Outstanding 22,510,313 shares 28%
Entity Public Float $27,000,000 USD -28%
Common Stock, Value, Issued $23,000 USD 28%
Weighted Average Number of Shares Outstanding, Basic 22,940,412 shares 26%
Weighted Average Number of Shares Outstanding, Diluted 22,940,412 shares 26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $63,599,000 USD 14%
Research and Development Expense $6,153,000 USD 28%
Costs and Expenses $50,548,000 USD 65%
Operating Income (Loss) $12,478,000 USD 19%
Income Tax Expense (Benefit) $1,000 USD
Net Income (Loss) Attributable to Parent $19,039,000 USD -12%
Earnings Per Share, Basic 0 USD/shares 2.1%
Earnings Per Share, Diluted 0 USD/shares 2.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $35,652,000 USD 62%
Accounts Receivable, after Allowance for Credit Loss, Current $11,092,000 USD 18%
Other Assets, Current $3,525,000 USD 20%
Assets, Current $52,589,000 USD 48%
Operating Lease, Right-of-Use Asset $1,685,000 USD -36%
Other Assets, Noncurrent $1,055,000 USD 87%
Assets $62,823,000 USD 44%
Accounts Payable, Current $3,559,000 USD 222%
Accrued Liabilities, Current $5,684,000 USD -8%
Contract with Customer, Liability, Current $641,000 USD
Liabilities, Current $12,890,000 USD 47%
Operating Lease, Liability, Noncurrent $759,000 USD -61%
Other Liabilities, Noncurrent $91,000 USD -58%
Liabilities $44,685,000 USD 45%
Retained Earnings (Accumulated Deficit) $309,609,000 USD -6.6%
Stockholders' Equity Attributable to Parent $18,138,000 USD 41%
Liabilities and Equity $62,823,000 USD 44%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $10,671,000 USD -18%
Net Cash Provided by (Used in) Financing Activities $64,000 USD 36%
Net Cash Provided by (Used in) Investing Activities $107,000 USD -24%
Common Stock, Shares Authorized 200,000,000 shares 0%
Common Stock, Shares, Issued 22,510,313 shares 28%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $10,842,000 USD -18%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $35,852,000 USD 61%
Interest Paid, Excluding Capitalized Interest, Operating Activities $402,000 USD -7.4%
Deferred Tax Assets, Valuation Allowance $45,237,000 USD 5.3%
Deferred Tax Assets, Gross $45,945,000 USD 4.3%
Operating Lease, Liability $2,760,000 USD -26%
Payments to Acquire Property, Plant, and Equipment $113,000 USD 31%
Lessee, Operating Lease, Liability, to be Paid $3,037,000 USD -29%
Operating Lease, Liability, Current $1,192,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year Two $1,315,000 USD 3%
Lessee, Operating Lease, Liability, to be Paid, Year One $1,277,000 USD 3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $277,000 USD -49%
Lessee, Operating Lease, Liability, to be Paid, Year Three $445,000 USD -66%
Deferred Tax Assets, Operating Loss Carryforwards $35,348,000 USD 8.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10,000,000 shares 0%
Unrecognized Tax Benefits $0 USD
Additional Paid in Capital $327,724,000 USD 8%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization $1,900,000 USD 5.6%
Deferred Tax Assets, Net of Valuation Allowance $708,000 USD -36%
Share-based Payment Arrangement, Expense $1,886,000 USD -9.9%
Interest Expense $2,246,000 USD -9.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%