What is Exagen Inc.'s change in lease liabilities?

Exagen Inc. (XGN) reported change in lease liabilities of -$295K in Q1 2026.

How has Exagen Inc.'s change in lease liabilities changed year-over-year?

Exagen Inc.'s change in lease liabilities decreased by 12.2% year-over-year, from -$263K to -$295K.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

Exagen Inc. XGN Change in Lease Liabilities

Change in Lease Liabilities at other companies

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Jade Biosciences, Inc. Common StockJBIO

-$29K-422%

Biodesix, Inc.BDSX

-$341K-1,794%

Aurinia PharmaceuticalsAUPH

-$214K-9.7%

Other financials

Income statement

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Revenue$17.3M+11.7%

Gross profit$10.2M+11.9%

Operating income-$3.4M-1.5%

Net income-$4.0M-5.7%

EPS (diluted)-$0.17+15.0%

Balance sheet

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Cash & equivalents$21.7M+90.6%

Total debt$27.1M+15.8%

Total equity$14.4M+125%

Total assets$52.0M+28.9%

Cash flow

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Operating cash flow-$10.4M+2.4%

CapEx$228.0K+102%

Free cash flow-$10.6M+1.3%

Valuation

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Market cap$112.34M-26.5%

Enterprise value$117.78M-20.3%

P/S1.6×-1.0×

Profitability

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Gross margin58.3%-1.0pp

Operating margin-20.6%-2.9pp

Net margin-29.5%+2.5pp

FCF margin-27.5%—

Returns & leverage

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Return on equity-193.6%+355pp

Debt / equity1.9×-1.8×

Current ratio3.5×+1.1×

Where this comes from

Reported directly by Exagen Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: Exagen Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Exagen Inc.'s change in lease liabilities?: Exagen Inc. (XGN) reported change in lease liabilities of -$295K in Q1 2026.
How has Exagen Inc.'s change in lease liabilities changed year-over-year?: Exagen Inc.'s change in lease liabilities decreased by 12.2% year-over-year, from -$263K to -$295K.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.