Surrozen, Inc./DE
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.5M | $10.7M | $0 | $12.5M | $0 |
| Research and development | $29.4M | $21.1M | $27.2M | $37.0M | $40.2M |
| Operating expenses | $45.6M | $36.2M | $45.8M | $56.8M | $54.4M |
| Operating income | -$42.1M | -$25.5M | -$45.8M | -$44.3M | -$54.4M |
| Pretax income | -$242.0M | -$63.6M | — | — | — |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$242.0M | -$63.6M | -$43.0M | -$36.0M | -$54.6M |
| Balance Sheet | |||||
| Cash and equivalents | $89.2M | $34.6M | $36.0M | $24.7M | $33.1M |
| Current assets | $91.6M | $38.9M | $41.1M | $81.3M | $105.2M |
| Total assets | $98.7M | $48.5M | $46.1M | $89.4M | $137.2M |
| Current liabilities | $9.9M | $7.3M | $7.1M | $9.7M | $13.6M |
| Total liabilities | $286.5M | $69.8M | $8.1M | $13.4M | $27.5M |
| Stockholders' equity | -$187.8M | -$21.4M | $37.9M | $76.0M | $109.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$30.2M | -$17.6M | -$40.4M | -$44.1M | -$48.8M |
| Depreciation and amortization | $537,000 | $1.4M | $1.9M | $2.0M | $2.1M |
| Stock-based compensation | $3.8M | $4.1M | $4.4M | $4.5M | $2.3M |
| Capital expenditure | $128,000 | $26,000 | $398,000 | $728,000 | $1.3M |
| Free cash flow | -$30.4M | -$17.7M | -$40.8M | -$44.9M | -$50.1M |
| Share repurchases | — | — | $0 | $2.6M | $0 |
| Impairments | — | $0 | $100,000 | $0 | — |
Shares outstanding 11.6M · Free float 23.0%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.