Surrozen, Inc./DE financials
Source: EDGAR filings · Built 2026-06-02T04:05:45Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -30.37M | -17.65M | -40.76M | -44.87M | -50.08M | -29.97M |
| EBITDA | -41.55M | -24.10M | -43.87M | -42.38M | -52.33M | -30.87M |
| Working Capital | 81.63M | 31.62M | 33.98M | 71.57M | 91.62M | 42.95M |
| Net Debt | -82.61M | -26.10M | -32.66M | -19.09M | -25.30M | -25.39M |
| Operating Margin | -1210.58% | -239.69% | — | -354.71% | — | — |
| Net Margin | -6960.77% | -596.57% | — | -288.03% | — | — |
| Return on Equity (ROE) | 128.90% | 297.31% | -113.46% | -47.37% | -49.82% | -69.18% |
| Return on Assets (ROA) | -245.15% | -131.15% | -93.41% | -40.26% | -39.84% | -52.72% |
| Current Ratio | 9.22× | 5.32× | 5.75× | 8.35× | 7.75× | 6.90× |
| Debt-to-Equity | -0.04× | -0.40× | 0.09× | 0.07× | 0.07× | 0.20× |
| Effective Tax Rate | 0.00% | 0.00% | — | — | — | — |
| Cash Conversion Ratio | 0.13× | 0.28× | 0.94× | 1.23× | 0.89× | 0.89× |
| Accruals Ratio | -2.15× | -0.95× | -0.06× | 0.09× | -0.04× | -0.06× |
| SBC % of Revenue | 110.30% | 38.61% | — | 36.14% | — | — |
| CapEx Coverage | -236.28× | -678.00× | -101.41× | -60.64× | -38.47× | -33.29× |
| Free Cash Flow Per Share | $-4061.51 | $-6019.09 | $-20198.71 | $-19391.96 | $-2028.51 | $-1.88 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenues | 3.48M | 10.65M | 0 | — | — | — |
| Research and Development Expense | 29.36M | 21.13M | 27.23M | 37.01M | 40.18M | 25.68M |
| Operating Expenses | 45.57M | 36.19M | 45.78M | 56.84M | 54.39M | 32.81M |
| Operating Income (Loss) | -42.09M | -25.54M | -45.78M | -44.34M | -54.39M | -32.81M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -242.03M | -63.56M | -43.04M | -36.00M | -54.65M | -32.72M |
| Earnings Per Share, Basic | $-32.37 | $-21.67 | $-21.33 | $-15.56 | $-2.21 | — |
| Weighted Average Number of Shares Outstanding, Basic | 7,478 | 2,933 | 2,018 | 2,314 | 24,689 | — |
| Earnings Per Share, Diluted | $-32.37 | $-21.67 | $-21.33 | $-15.56 | $-2.21 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 7,478 | 2,933 | 2,018 | 2,314 | 24,689 | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 89.25M | 34.56M | 36.04M | 24.69M | 33.09M | 34.98M |
| Assets, Current | 91.56M | 38.93M | 41.13M | 81.31M | 105.19M | 50.22M |
| Assets | 98.73M | 48.47M | 46.08M | 89.44M | 137.17M | 62.06M |
| Liabilities, Current | 9.93M | 7.32M | 7.15M | 9.73M | 13.57M | 7.28M |
| Liabilities | 286.49M | 69.85M | 8.14M | 13.43M | 27.47M | 14.77M |
| Stockholders' Equity Attributable to Parent | -187.76M | -21.38M | 37.94M | 76.00M | 109.70M | 47.29M |
| Common Stock, Shares, Outstanding | 9.78M | 3.26M | 2.06M | 2.01M | 35.03M | 18.26M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -30.24M | -17.63M | -40.36M | -44.15M | -48.81M | -29.10M |
| Payments to Acquire Property, Plant, and Equipment | 128.00K | 26.00K | 398.00K | 728.00K | 1.27M | 874.00K |
| Net Cash Provided by (Used in) Investing Activities | -128.00K | -26.00K | 51.72M | 38.31M | -77.71M | -15.07M |
| Payments for Repurchase of Common Stock | — | — | 0 | 2.61M | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | 85.05M | 16.18M | 276.00K | -2.56M | 124.63M | 50.05M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -12.62M | -5.87M | -24.50M | -15.44M | -9.31M | 3.46M |
| EBITDA | -10.39M | -12.59M | — | — | -9.26M | -8.27M |
| Working Capital | 104.38M | 81.63M | 79.33M | 88.49M | 95.43M | 31.62M |
| Net Debt | -100.13M | -82.61M | -74.25M | -82.88M | -93.68M | -26.10M |
| Operating Margin | -209.12% | -2393.75% | -1107.32% | -917.29% | -971.62% | -1311.76% |
| Net Margin | -2550.10% | -34689.20% | -7288.20% | 4043.34% | -2743.64% | -4280.76% |
| Return on Equity (ROE) | 45.84% | 97.55% | 304.67% | 84.36% | -475.33% | 131.15% |
| Return on Assets (ROA) | -105.63% | -185.52% | -76.18% | 38.70% | -23.49% | -57.85% |
| Current Ratio | 11.91× | 9.22× | 13.15× | 16.41× | 10.02× | 5.32× |
| Debt-to-Equity | -0.02× | -0.04× | -0.30× | 0.16× | 1.40× | -0.40× |
| Cash Conversion Ratio | 0.10× | 0.03× | 0.34× | -0.39× | 0.34× | -0.12× |
| Accruals Ratio | -0.95× | -1.80× | -0.50× | 0.54× | -0.15× | -0.65× |
| SBC % of Revenue | 42.10% | 189.77% | 288.20% | 185.96% | 84.84% | 137.40% |
| CapEx Coverage | -104.13× | -98.51× | -354.09× | -342.04× | -343.67× | 183.21× |
| Free Cash Flow Per Share | $-1152.16 | $-785.10 | $-2858.59 | $-1.81 | $-2565.05 | $1180.36 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 5.00M | 528.00K | 983.00K | — | 983.00K | 655.00K |
| Research and Development Expense | 9.33M | 8.99M | 7.77M | 6.04M | 6.56M | 5.35M |
| Operating Expenses | 15.46M | 13.17M | 11.87M | 10.00M | 10.53M | 9.25M |
| Operating Income (Loss) | -10.46M | -12.64M | -10.88M | -9.02M | -9.55M | -8.59M |
| Income Tax Expense (Benefit) | 0 | — | — | — | 0 | — |
| Net Income (Loss) Attributable to Parent | -127.50M | -183.16M | -71.64M | 39.75M | -26.97M | -28.04M |
| Earnings Per Share, Basic | $-11.65 | $-23.88 | $-8.36 | $2.55 | $-7.43 | $-9.10 |
| Weighted Average Number of Shares Outstanding, Basic | 10,949 | 7,478 | 8,571 | 8,541 | 3,628 | 2,933 |
| Earnings Per Share, Diluted | $-11.65 | $-23.88 | $-8.36 | $2.55 | $-7.43 | $-9.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 10,949 | 7,478 | 8,571 | 8,541 | 3,628 | 2,933 |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 106.91M | 89.25M | 81.33M | 90.39M | 101.64M | 34.56M |
| Assets, Current | 113.95M | 91.56M | 85.86M | 94.23M | 106.01M | 38.93M |
| Assets | 120.71M | 98.73M | 94.05M | 102.70M | 114.83M | 48.47M |
| Liabilities, Current | 9.56M | 9.93M | 6.53M | 5.74M | 10.58M | 7.32M |
| Liabilities | 398.86M | 286.49M | 117.56M | 55.58M | 109.16M | 69.85M |
| Stockholders' Equity Attributable to Parent | -278.15M | -187.76M | -23.52M | 47.11M | 5.67M | -21.38M |
| Common Stock, Shares, Outstanding | 11.49M | 9.78M | 8.57M | 8.57M | 8.49M | 3.26M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -12.49M | -5.81M | -24.43M | -15.39M | -9.28M | 3.48M |
| Payments to Acquire Property, Plant, and Equipment | 120.00K | 59.00K | 69.00K | 45.00K | 27.00K | 19.00K |
| Net Cash Provided by (Used in) Investing Activities | -120.00K | -59.00K | -69.00K | -45.00K | -27.00K | -19.00K |
| Net Cash Provided by (Used in) Financing Activities | 30.28M | 13.78M | 71.27M | 71.26M | 76.39M | 91.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SRZN CIK 0001824893),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.