Septerna, Inc.

For the period ended Dec 31, 2024. Filed Mar 27, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 27, 2025

SEPN$52.34+3.2%Stored close · as of Nov 10, 2026

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Contents

Statements of Operations and Comprehensive (Loss) Income

(In thousands, except for share and per share data)

	Years Ended December 31,
	2024	2023
Revenue	$1,075	$151
Operating expenses (income):
Research and development	65,337	35,979
General and administrative	16,561	9,722
Gain on sale of non-financial asset	—	(47,625)
Total operating expenses (income)	81,898	(1,924)
(Loss) income from operations	(80,823)	2,075
Other income, net:
Interest income	8,617	2,786
Other (expense) income, net	(90)	10
Total other income, net	8,527	2,796
(Loss) income before provision for income taxes	(72,296)	4,871
(Benefit) provision for income taxes	(498)	691
Net (loss) income	$(71,798)	$4,180
Net (loss) income attributable to common stockholders	$(71,798)	$567
Net (loss) income per share attributable to common stockholders:
Basic	$(7.26)	$0.29
Diluted	$(7.26)	$0.29
Weighted-average shares outstanding used in computing net (loss) income per share attributable to common stockholders:
Basic	9,891,126	1,928,586
Diluted	9,891,126	2,177,124
Comprehensive (loss) income:
Net (loss) income	$(71,798)	$4,180
Net unrealized gain on marketable securities	56	—
Total other comprehensive income	56	—
Comprehensive (loss) income	$(71,742)	$4,180

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.