Sana Biotechnology Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
SANA$2.43-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| OPERATING ACTIVITIES: | ||||
| Net loss | $(217,690) | $(195,138) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation | 11,698 | 13,293 | ||
| Stock-based compensation expense | 31,242 | 27,602 | ||
| Change in the estimated fair value of contingent consideration | 2,250 | (47,223) | ||
| Change in the estimated fair value of success payment liabilities | 2,316 | (8,593) | ||
| Non-cash expense for operating lease right-of-use assets | 7,501 | 10,031 | ||
| Other non-cash items, net | (7,853) | (9,962) | ||
| Changes in operating assets and liabilities: | ||||
| Prepaid expenses and other assets | (6,781) | 5,560 | ||
| Operating lease right-of-use assets and liabilities | 7,591 | 2,129 | ||
| Accounts payable | (904) | 2,363 | ||
| Accrued expenses and other liabilities | (5,362) | (1,685) | ||
| Net cash used in operating activities | (175,992) | (201,623) | ||
| INVESTING ACTIVITIES: | ||||
| Purchases of marketable securities | (212,988) | (131,617) | ||
| Proceeds from maturities of marketable securities | 216,347 | 294,305 | ||
| Purchases of property and equipment | (32,994) | (5,986) | ||
| Net cash provided by (used in) investing activities | (29,635) | 156,702 | ||
| FINANCING ACTIVITIES: | ||||
| Proceeds from employee stock purchase plan and exercise of stock options | 10,306 | 2,919 | ||
| Proceeds from issuance of common stock from equity financings, net | 181,000 | 27,009 | ||
| Proceeds from tenant improvement loan, net | 7,800 | - | ||
| Net cash provided by financing activities | 199,106 | 29,928 | ||
| Net decrease in cash, cash equivalents, and restricted cash | (6,521) | (14,993) | ||
| Cash, cash equivalents, and restricted cash at beginning of period | 137,349 | 187,273 | ||
| Cash, cash equivalents, and restricted cash at end of period | $130,828 | $172,280 | ||
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||||
| Operating lease right-of-use assets obtained in exchange for lease obligations | $ | - | $8,984 | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | $258 | $9,933 | ||
| Cash received for tenant improvement allowances | $7,344 | $2,298 | ||
| Derecognition of operating lease right-of-use asset for lease termination | $ | - | $(14,204) | |
| Derecognition of operating lease right-of-use asset for lease modification | $(6,362) | $ | - | |
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