Senti Biosciences, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 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 13, 2025
SNTI$0.14-11.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Operating expenses: | ||||
| Research and development (including related party costs of $3,417 and $3,790 for the three months ended September 30, 2025 and 2024, respectively, and $11,073 and $11,059 for the nine months ended September 30, 2025 and 2024, respectively) | $10,516 | $8,655 | $29,826 | $26,584 |
| General and administrative | 6,432 | 6,560 | 20,317 | 18,288 |
| Total operating expenses | 16,948 | 15,215 | 50,143 | 44,872 |
| Loss from operations | (16,948) | (15,215) | (50,143) | (44,872) |
| Other income (expense): | ||||
| Interest income | 166 | 150 | 830 | 718 |
| GeneFab sublease income (expense) - related party | (1,567) | 1,657 | 1,732 | 4,705 |
| Other income (expense), net | 223 | (11) | 610 | (6) |
| Change in fair value of GeneFab Option - related party | — | 2,386 | — | 6,331 |
| Change in fair value of GeneFab Economic Share - related party | — | (398) | — | (1,816) |
| Change in fair value of GeneFab Note Receivable - related party | — | (17,435) | — | (17,240) |
| Total other income (expense), net | (1,178) | (13,651) | 3,172 | (7,308) |
| Net loss | $(18,126) | $(28,866) | $(46,971) | $(52,180) |
| Comprehensive loss | $(18,126) | $(28,866) | $(46,971) | $(52,180) |
| Basic and diluted net loss | $(18,126) | $(28,866) | $(46,971) | $(52,180) |
| Basic and diluted net loss per share | $(0.69) | $(6.31) | $(2.25) | $(11.41) |
| Basic and diluted weighted-average number of shares used in computing net loss per share | 26,228,274 | 4,577,122 | 20,833,549 | 4,573,307 |
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