Septerna Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	319.99	238.2	88.48	30.61
Short-Term Investments	154.36	112.73	-	-
Cash & Short-Term Investments	474.35	350.92	88.48	30.61
Cash Growth	263.39%	296.60%	189.09%	-
Accounts Receivable	8.65	0.17	0.15	-
Other Receivables	3.08	0.95	22.63	-
Receivables	11.73	1.12	22.78	-
Prepaid Expenses	5.22	4.58	1.33	1.08
Other Current Assets	0.39	0.2	0.09	0.2
Total Current Assets	491.68	356.82	112.68	31.89
Property, Plant & Equipment	26.35	28.69	17.19	3.11
Long-Term Investments	87.21	69.87	-	-
Other Long-Term Assets	1.41	1.17	1	1.12
Total Assets	606.65	456.55	130.87	36.12
Accounts Payable	3.73	3.2	2.64	3.07
Accrued Expenses	7.72	7.72	3.99	1.71
Current Portion of Leases	2.12	1.85	-	0.71
Current Income Taxes Payable	-	-	0.2	-
Other Current Liabilities	0.11	0.08	0.09	0.05
Total Current Liabilities	75.28	12.85	6.91	5.54
Long-Term Leases	21.99	23.63	12.57	-
Other Long-Term Liabilities	-	0.03	0.55	0.08
Total Liabilities	217.92	36.51	20.03	5.63
Common Stock	0.05	0.04	0	0
Additional Paid-In Capital	544.83	538.32	8.2	6.55
Retained Earnings	-156.52	-118.37	-46.58	-50.76
Comprehensive Income & Other	0.38	0.06	-	-
Total Common Equity	388.73	420.05	-38.37	-44.2
Shareholders' Equity	388.73	420.05	110.84	30.49
Total Liabilities & Equity	606.65	456.55	130.87	36.12
Total Debt	24.11	25.48	12.57	0.71
Net Cash (Debt)	537.45	395.31	75.92	29.9
Net Cash Growth	378.64%	420.72%	153.93%	-
Net Cash Per Share	13.03	39.97	34.87	20.81
Filing Date Shares Outstanding	44.77	44.44	3.16	1.44
Total Common Shares Outstanding	44.64	44.42	3.17	1.44
Working Capital	416.4	343.98	105.76	26.35
Book Value Per Share	8.71	9.46	-12.11	-30.76
Tangible Book Value	388.73	420.05	-38.37	-44.2
Tangible Book Value Per Share	8.71	9.46	-12.11	-30.76
Machinery	7.66	7.3	5.9	3.2
Leasehold Improvements	0.72	0.72	0.39	-

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q