Skip to main content
Midas Edge

Septerna, Inc.

For the period ended Sep 30, 2026. Filed Nov 9, 2026.

View on SEC.gov

About this filing

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, 2026 · Filed Nov 9, 2026

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 exhibits
Contents

Condensed Statements of Stockholders’ Equity

(In thousands, except for shares data)

Additional · AccumulatedOther · Total
Common Stock · Paid-In · Comprehensive · Accumulated · Stockholders'
SharesAmountCapitalIncome (Loss)DeficitEquity
Balance at December 31, 202544,806,272$45$548,517$617$(167,253)$381,926
Issuance of common stock upon exercise of stock options110,300—335——335
Vesting of restricted common stock——5——5
Stock-based compensation expense——6,015——6,015
Net unrealized loss on marketable securities———(1,186)—(1,186)
Net loss————(8,637)(8,637)
Balance at March 31, 202644,916,57245554,872(569)(175,890)378,458
Issuance of common stock under at-the-market offering, net of commissions and issuance costs380,172113,781——13,782
Issuance of common stock upon exercise of stock options246,601—2,173——2,173
Issuance of common stock under employee stock purchase plan124,145—958——958
Vesting of restricted common stock——3——3
Stock-based compensation expense——5,074——5,074
Net unrealized loss on marketable securities———(693)—(693)
Net loss————(13,034)(13,034)
Balance at June 30, 202645,667,49046576,861(1,262)(188,924)386,721
Issuance of common stock under at-the-market offering, net of commissions and issuance costs1,551,618161,005——61,006
Issuance of common stock upon exercise of stock options191,700—1,651——1,651
Vesting of restricted common stock——2——2
Stock-based compensation expense——5,922——5,922
Net unrealized loss on marketable securities———(783)—(783)
Net loss————(26,590)(26,590)
Balance at September 30, 202647,410,808$47$645,441$(2,045)$(215,514)$427,929
Additional · AccumulatedOther · Total
Common Stock · Paid-In · Comprehensive · Accumulated · Stockholders'
SharesAmountCapitalIncome (Loss)DeficitEquity
Balance at December 31, 202444,422,505$44$538,321$56$(118,374)$420,047
Issuance of common stock upon exercise of stock options25,930—66——66
Vesting of restricted common stock——5——5
Stock-based compensation expense——1,482——1,482
Net unrealized gain on marketable securities———142—142
Net loss————(21,476)(21,476)
Balance at March 31, 202544,448,43544539,874198(139,850)400,266
Issuance of common stock upon exercise of stock options119,4561338——339
Vesting of restricted common stock——6——6
Stock-based compensation expense——1,806——1,806
Net unrealized loss on marketable securities———(22)—(22)
Net loss————(24,838)(24,838)
Balance at June 30, 202544,567,89145542,024176(164,688)377,557
Issuance of common stock upon exercise of stock options73,424—264——264
Vesting of restricted common stock——6——6
Repurchase of unvested restricted common stock(2,612)—————
Stock-based compensation expense——2,532——2,532
Net unrealized gain on marketable securities———199—199
Net income————8,1738,173
Balance at September 30, 202544,638,703$45$544,826$375$(156,515)$388,731
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.