SLDB (SLDB) financial statements
Net income was -$174M.
Free cash flow was -$157M.
The diluted share count rose 77160% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SLDB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $14M | $8M | — | — | — |
| Research and development | $20M | $40M | $58M | $95M | $65M | $59M | $78M | $77M | $96M | $140M |
| Selling, general and admin | $5M | $15M | $18M | $25M | $22M | $27M | $29M | $28M | $33M | $39M |
| Operating income | -$26M | -$55M | -$76M | -$119M | -$88M | -$72M | -$106M | -$104M | -$130M | -$179M |
| Interest expense | — | — | — | — | — | — | — | $440,000 | $340,000 | -$203,000 |
| Pre-tax income | — | — | — | — | — | — | — | — | -$125M | -$174M |
| Income tax | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$22M | -$52M | -$75M | -$117M | -$88M | -$72M | -$86M | -$96M | -$125M | -$174M |
| EPS (diluted) | -$152.10 | -$43.20 | -$33.75 | -$43.65 | -$25.50 | -$10.14 | -$10.10 | -$4.83 | -$3.06 | -$1.99 |
| Diluted shares | 0M | 1M | 2M | 3M | 3M | 7M | 9M | 20M | 41M | 88M |
| Operating margin | — | — | — | — | — | -530.5% | -1315.2% | — | — | — |
| Net margin | — | — | — | — | — | -530.0% | -1062.3% | — | — | — |
Balance sheet
Fiscal years, from SLDB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $69M | $122M | $84M | $155M | $208M | $214M | $124M | $149M | $188M |
| Total current assets | — | $71M | $129M | $86M | $159M | $223M | $220M | $130M | $157M | $205M |
| Property, plant and equipment | — | $2M | $10M | $12M | $8M | $6M | $10M | $7M | $5M | $4M |
| Total assets | — | $76M | $140M | $103M | $171M | $232M | $260M | $165M | $189M | $233M |
| Total current liabilities | — | $11M | $12M | $18M | $24M | $24M | $23M | $15M | $30M | $33M |
| Total liabilities | — | $11M | $14M | $23M | $39M | $24M | $49M | $38M | $51M | $53M |
| Shareholders' equity | -$38M | -$59M | $125M | $80M | $132M | $208M | $212M | $126M | $137M | $180M |
| Net debt | -$8M | -$52M | -$86M | -$76M | -$155M | -$119M | -$155M | -$74M | -$80M | -$60M |
Cash flow
Fiscal years, from SLDB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$20M | -$43M | -$70M | -$93M | -$57M | -$78M | -$98M | -$94M | -$100M | -$156M |
| Capital spending | $392,000 | $2M | $8M | $4M | $899,000 | $1M | $3M | $2M | $654,000 | $1M |
| Free cash flow | -$21M | -$46M | -$78M | -$97M | -$57M | -$79M | -$101M | -$96M | -$101M | -$157M |
| Stock-based compensation | $1M | $5M | $6M | $14M | $12M | $13M | $8M | $8M | $11M | $17M |
| Free cash flow margin | — | — | — | — | — | -580.4% | -1247.7% | — | — | — |
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How much free cash flow does SLDB generate?
-$157M in fiscal 2025 (operating cash flow minus capital spending).
From SLDB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.