Scholar Rock Holding Corp
For the period ended Sep 30, 2026. Filed Nov 10, 2026.
View on SEC.govAbout 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 10, 2026
SRRK$48.00-6.9%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
(In thousands)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(322,645) | $(286,974) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 890 | 1,233 |
| Amortization of debt discount and debt issuance costs | 300 | 325 |
| Loss on disposal of property and equipment | 3 | — |
| Equity-based compensation | 55,818 | 56,177 |
| Accretion of investment securities | (689) | (3,791) |
| Non-cash operating lease expense | 4,467 | 3,877 |
| Loss on extinguishment of debt | 3,337 | — |
| Unrealized foreign currency exchange rate losses | 1,776 | — |
| Change in operating assets and liabilities: | ||
| Accounts receivable | (677) | — |
| Inventory | (773) | — |
| Prepaid expenses and other current assets | (792) | (5,965) |
| Other assets | 4,510 | (372) |
| Accounts payable | (4,138) | (3,331) |
| Accrued expenses | 28,597 | 18,797 |
| Operating lease liabilities | (4,199) | (4,515) |
| Net cash used in operating activities | (234,215) | (224,539) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (170) | (570) |
| Purchases of marketable securities | (72,221) | (98,009) |
| Sales and maturities of marketable securities | 69,500 | 278,298 |
| Net cash provided by (used in) investing activities | (2,891) | 179,719 |
| Cash flows from financing activities: | ||
| Proceeds from stock option exercises | 20,560 | 10,945 |
| Proceeds from pre-funded and common warrant exercises | 7,148 | 3,367 |
| Proceeds from sale of common shares, net | 160,774 | 91,658 |
| Proceeds from debt facility | 197,729 | 49,992 |
| Payment of debt issuance costs | (3,122) | — |
| Proceeds from debt refinancing | — | 24,668 |
| Payment of long-term debt | (103,058) | (25,520) |
| Other | — | 2 |
| Net cash provided by financing activities | 280,031 | 155,112 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 42,925 | 110,292 |
| Effect of exchange rate on cash, cash equivalents and restricted cash | (183) | — |
| Cash, cash equivalents and restricted cash, beginning of period | 327,334 | 180,285 |
| Cash, cash equivalents and restricted cash, end of period | $370,076 | $290,577 |
| Supplemental disclosure for non-cash items: | ||
| Stock options exercised receivable | $— | 1,229 |
| Right-of-use assets obtained in exchange for operating lease liabilities | $1,787 | $— |
| Supplemental cash flow information: | ||
| Cash paid for interest | $11,230 | 4,038 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.