Sionna Therapeutics, Inc.
For the period ended Dec 31, 2024. Filed Mar 20, 2025.
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FY2024 · Filed Mar 20, 2025
SION$3.57+8.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share and per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $37,788 | $38,521 |
| Marketable securities, current | 109,750 | — |
| Prepaid expenses and other current assets | 3,455 | 686 |
| Total current assets | 150,993 | 39,207 |
| Property and equipment, net | 2,466 | 3,107 |
| Marketable securities, noncurrent | 20,505 | — |
| Restricted cash | 962 | 962 |
| Operating lease right-of-use asset | 7,832 | 8,625 |
| Other assets | 2,994 | 44 |
| Total assets | $185,752 | $51,945 |
| Liabilities, convertible preferred stock and stockholders’ deficit | ||
| Current liabilities: | ||
| Accounts payable | $1,186 | $719 |
| Accrued expenses | 8,162 | 6,590 |
| Operating lease liability, current | 1,072 | 728 |
| Total current liabilities | 10,420 | 8,037 |
| Operating lease liability, noncurrent | 8,677 | 9,749 |
| Total liabilities | 19,097 | 17,786 |
| Commitments and contingencies (Note 8) | ||
| Series Seed convertible preferred stock, $0.001 par value, 3,963,963 shares authorized, issued and outstanding as of December 31, 2024 and 2023; liquidation value of $13,200 as of December 31, 2024 and 2023 | 13,014 | 13,014 |
| Series A convertible preferred stock, $0.001 par value, 5,704,161 shares authorized, issued and outstanding as of December 31, 2024 and 2023; liquidation value of $25,263 as of December 31, 2024 and 2023 | 25,235 | 25,235 |
| Series B convertible preferred stock, $0.001 par value, 11,370,621 shares authorized, issued and outstanding as of December 31, 2024 and 2023; liquidation value of $111,000 as of December 31, 2024 and 2023 | 110,791 | 110,791 |
| Series C convertible preferred stock, $0.001 par value, 18,628,970 and 0 shares authorized, issued and outstanding as of December 31, 2024 and 2023, respectively; liquidation value of $181,856 as of December 31, 2024 | 181,328 | — |
| Total convertible preferred stock | 330,368 | 149,040 |
| Stockholders’ deficit: | ||
| Common stock, $0.001 par value, 55,200,000 and 30,000,000 shares authorized as of December 31, 2024 and 2023, respectively; 4,798,721 and 3,313,012 shares issued, 4,722,763 and 3,050,863 shares outstanding as of December 31, 2024 and 2023, respectively | 5 | 2 |
| Additional paid-in capital | 17,000 | 4,515 |
| Accumulated other comprehensive income | 368 | — |
| Accumulated deficit | (181,086) | (119,398) |
| Total stockholders’ deficit | (163,713) | (114,881) |
| Total liabilities, convertible preferred stock and stockholders’ deficit | $185,752 | $51,945 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.