Sana Biotechnology, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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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, 2025 · Filed Nov 6, 2025
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 Operations
(in thousands, except per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Operating expenses: | ||||
| Research and development | $30,106 | $53,206 | $97,056 | $170,528 |
| Research and development related success payments and contingent consideration | 3,124 | (5,497) | 15,343 | 4,566 |
| General and administrative | 10,285 | 14,052 | 32,110 | 46,763 |
| Impairment of long-lived assets | - | - | 44,611 | - |
| Total operating expenses | 43,515 | 61,761 | 189,120 | 221,857 |
| Loss from operations | (43,515) | (61,761) | (189,120) | (221,857) |
| Interest income, net | 1,003 | 2,579 | 2,572 | 8,815 |
| Other income (expense), net | 360 | (742) | 1,207 | (4,648) |
| Net loss | $(42,152) | $(59,924) | $(185,341) | $(217,690) |
| Net loss per common share – basic and diluted | $(0.16) | $(0.25) | $(0.75) | $(0.95) |
| Weighted-average number of common shares – basic and diluted | 260,494 | 235,412 | 245,580 | 229,076 |
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