EMERYVILLE, Calif. (AP) — EMERYVILLE, Calif. (AP) — Xoma Corp. (XOMA) on Friday reported a loss of $21.5 million in its fourth quarter.

On a per-share basis, the Emeryville, California-based company said it had a loss of $1.87. Losses, adjusted for asset impairment costs, were 49 cents per share.

The drug developer posted revenue of $1.8 million in the period.

For the year, the company reported a loss of $40.8 million, or $4.04 per share. Revenue was reported as $4.8 million.

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