Septerna, Inc.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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FY2024 · Filed Mar 27, 2025
SEPN$52.34+3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Convertible Preferred Stock and Stockholders’ Equity (Deficit)
| (In thousands, except for share data) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Preferred Stock · Additional · AccumulatedOther · Total | ||||||||||
| Series A · Series B · Common Stock · Paid-In · Comprehensive · Accumulated · Stockholders' | ||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Capital | Income | Deficit | Equity (Deficit) | |
| Balance at December 31, 2022 | 75,000,000 | $74,694 | — | $— | 3,181,829 | $3 | $6,552 | $— | $(50,756) | $(44,201) |
| Issuance of Series B Convertible Preferred Stock, net of issuance costs of $479 | — | — | 60,828,720 | 74,521 | — | — | — | — | — | — |
| Vesting of restricted common stock | — | — | — | — | — | — | 27 | — | — | 27 |
| Repurchases of unvested restricted common stock | — | — | — | — | (13,695) | — | — | — | — | — |
| Stock-based compensation expense | — | — | — | — | — | — | 1,620 | — | — | 1,620 |
| Net income | — | — | — | — | — | — | — | — | 4,180 | 4,180 |
| Balance at December 31, 2023 | 75,000,000 | 74,694 | 60,828,720 | 74,521 | 3,168,134 | 3 | 8,199 | — | (46,576) | (38,374) |
| Issuance of Series B Convertible Preferred Stock, net of issuance costs of $58 | — | — | 60,828,732 | 74,942 | — | — | — | — | — | — |
| Issuance of common stock in connection with initial public offering, net of issuance costs of $28,431 | — | — | — | — | 18,400,000 | 18 | 302,749 | — | — | 302,767 |
| Conversion of convertible preferred stock to common stock upon initial public offering | (75,000,000) | (74,694) | (121,657,452) | (149,463) | 22,839,774 | 23 | 224,134 | — | — | 224,157 |
| Issuance of common stock upon exercise of stock options | — | — | — | — | 28,896 | — | 66 | — | — | 66 |
| Vesting of restricted common stock | — | — | — | — | — | — | 21 | — | — | 21 |
| Repurchases of unvested restricted common stock | — | — | — | — | (14,299) | — | — | — | — | — |
| Stock-based compensation expense | — | — | — | — | — | — | 3,152 | — | — | 3,152 |
| Net unrealized gain on marketable securities | — | — | — | — | — | — | — | 56 | — | 56 |
| Net loss | — | — | — | — | — | — | — | — | (71,798) | (71,798) |
| Balance at December 31, 2024 | — | $— | — | $— | 44,422,505 | $44 | $538,321 | $56 | $(118,374) | $420,047 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.