Surrozen, Inc./DE
For the period ended Dec 31, 2025. Filed Mar 23, 2026.
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FY2025 · Filed Mar 23, 2026
SRZN$32.00+3.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except per share amounts)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $89,245 | $34,565 |
| Accounts receivable | — | 2,039 |
| Accounts receivable - related party | 208 | 502 |
| Prepaid expenses and other current assets | 2,106 | 1,826 |
| Total current assets | 91,559 | 38,932 |
| Property and equipment, net | 433 | 562 |
| Operating lease right-of-use assets | 6,000 | 7,801 |
| Restricted cash | 688 | 688 |
| Warrant asset | — | 153 |
| Other assets | 46 | 331 |
| Total assets | $98,726 | $48,467 |
| Liabilities and stockholders’ deficit | ||
| Current liabilities: | ||
| Accounts payable | $728 | $306 |
| Accrued and other liabilities | 7,912 | 5,180 |
| Lease liabilities, current portion | 1,290 | 1,829 |
| Total current liabilities | 9,930 | 7,315 |
| Lease liabilities, noncurrent portion | 5,349 | 6,640 |
| Tranche liability | 158,662 | — |
| Warrant liabilities | 112,547 | 55,892 |
| Total liabilities | 286,488 | 69,847 |
| Commitments and contingencies (Note 5 and Note 13) | ||
| Stockholders’ deficit: | ||
| Preferred stock, $0.0001 par value, 10,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and 2024 | — | — |
| Common stock, $0.0001 par value, 500,000 shares authorized as of December 31, 2025 and 2024; 9,775 and 3,262 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 1 | — |
| Additional paid-in-capital | 339,522 | 263,879 |
| Accumulated deficit | (527,285) | (285,259) |
| Total stockholders’ deficit | (187,762) | (21,380) |
| Total liabilities and stockholders’ deficit | $98,726 | $48,467 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.