For the year ending 2025-12-31, SEPN had -$117,474K decrease in cash & cash equivalents over the period. $109,671K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -48,879 |
| Depreciation and amortization | 1,604 |
| Gain on sale of non-financial asset | 12,500 |
| Non-cash operating lease expense | 2,103 |
| Stock-based compensation | 8,476 |
| Accretion of discounts, net | 3,448 |
| Deferred income tax | 0 |
| Other | -56 |
| Prepaid expenses and other current assets | 3,781 |
| Accounts receivable | 10,185 |
| Other non-current assets | 554 |
| Accounts payable | 6,603 |
| Accrued expenses and other current liabilities | 4,359 |
| Increase (decrease) in contract with customer, liability | 168,186 |
| Operating leases, net | -1,851 |
| Net cash used in operating activities | 110,189 |
| Purchases of property and equipment | 518 |
| Proceeds from sale of non-financial asset | 12,500 |
| Purchases of available-for-sale marketable securities | 450,950 |
| Maturities of available-for-sale marketable securities | 209,616 |
| Net cash used in investing activities | -229,352 |
| Proceeds from initial public offering, net of offering costs | 0 |
| Proceeds from issuance of series b convertible preferred stock, net of issuance costs | 0 |
| Repurchases of unvested restricted common stock | 1 |
| Proceeds from exercise of stock options | 973 |
| Proceeds from employee stock purchase plan | 717 |
| Net cash provided by financing activities | 1,689 |
| Net increase in cash, cash equivalents and restricted cash | -117,474 |
| Cash, cash equivalents and restricted cash, beginning of year | 239,101 |
| Cash, cash equivalents and restricted cash, end of year | 121,627 |
Septerna, Inc. (SEPN)
Septerna, Inc. (SEPN)