v3.25.2
Leases
 6 Months Ended
Jun. 30, 2025
Presentation of leases for lessee [abstract]  
Leases
Note 9 - Leases
Amounts recognized in the Condensed Consolidated Balance Sheets
The Condensed Consolidated Balance Sheets show the following amounts relating to leases:
June 30, 2025December 31, 2024
Right-of-use assets
Properties$125 $128 
Total right-of-use assets$125 $128 
Lease liabilities
Current$16 $13 
Non-current132 131 
Total lease liabilities$148 $144 
During the first six months of 2025, there were no material additions to Genmab’s right-of-use assets and lease liabilities. During the first six months of 2024, there were additions to Genmab’s right-of-use assets and lease liabilities related to the commencement of leases in the U.S. with respect to office and laboratory space and in Japan with respect to office space.
Amounts recognized in the Condensed Consolidated Statements of Comprehensive Income
The Condensed Consolidated Statements of Comprehensive Income show the following amounts relating to leases:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Depreciation charge of right-of-use assets
Properties$4 $4 $8 $7 
Total depreciation charge of right-of-use assets$4 $4 $8 $7 
Variable lease payments, short-term lease expense, lease interest expense and low-value leases are not material.