Soleno Therapeutics Inc. (SLNO) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
100 MARINE PARKWAY, SUITE 400 REDWOOD CITY, CA 94065 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 291,437 | 169,681 | 14,602 | 21,304 | 49,224 | 20,733 | |||
| Cash and cash equivalent | 87,928 | 169,681 | 14,602 | 21,304 | 49,224 | 20,733 | |||
| Short-term investments | 203,509 | ||||||||
| Receivables | |||||||||
| Inventory, net of allowances, customer advances and progress billings | |||||||||
| Inventory | |||||||||
| Other undisclosed current assets | 2,452 | 1,677 | 1,045 | 1,118 | 1,019 | 411 | |||
| Total current assets: | 293,889 | 171,358 | 15,647 | 22,422 | 50,243 | 21,144 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 15 | 24 | |||||||
| Operating lease, right-of-use asset | 2,798 | 407 | 131 | 421 | 124 | 398 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 186 | 12 | 26 | 33 | 19 | 22 | |||
| Long-term investments and receivables | 27,211 | ||||||||
| Long-term investments | 27,211 | ||||||||
| Intangible asset, including goodwill, after accumulated amortization | 6,805 | 8,749 | 10,693 | 12,637 | 14,581 | 16,525 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 6,805 | 8,749 | 10,693 | 12,637 | 14,581 | 16,525 | |||
| Other noncurrent assets | 83 | 165 | 40 | 59 | |||||
| Total noncurrent assets: | 37,083 | 9,333 | 10,850 | 13,131 | 14,739 | 17,028 | |||
| TOTAL ASSETS: | 330,972 | 180,691 | 26,497 | 35,553 | 64,982 | 38,172 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 13,658 | 6,284 | 3,452 | 3,982 | 4,494 | 2,278 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 728 | 1,005 | 283 | ||
| Accounts payable | 8,882 | 3,149 | 1,777 | 3,254 | 3,489 | 1,995 | |||
| Accrued liabilities | 4,776 | 3,135 | 1,675 | ||||||
| Debt | 8 | 322 | |||||||
| Other liabilities | 2,737 | 1,555 | 484 | 323 | 196 | 382 | |||
| Other undisclosed current liabilities | 2,352 | 3,666 | 3,377 | 3,702 | 3,920 | 1,982 | |||
| Total current liabilities: | 18,747 | 11,505 | 7,313 | 8,007 | 8,618 | 4,964 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 49,828 | 175 | 147 | ||||||
| Long-term debt, excluding current maturities | 49,828 | ||||||||
| Finance lease, liability | 8 | ||||||||
| Liabilities, other than long-term debt | 2,493 | 130 | 147 | ||||||
| Other liabilities | 21 | 147 | |||||||
| Operating lease, liability | 2,472 | 130 | 175 | 139 | |||||
| Other undisclosed noncurrent liabilities | 14,791 | 11,549 | 8,836 | 9,403 | 10,817 | 17,967 | |||
| Total noncurrent liabilities: | 67,112 | 11,679 | 8,836 | 9,753 | 10,817 | 18,261 | |||
| Total liabilities: | 85,859 | 23,184 | 16,149 | 17,760 | 19,435 | 23,225 | |||
| Equity | |||||||||
| Equity, attributable to parent | 245,113 | 157,507 | 10,348 | 17,793 | 45,547 | 14,947 | |||
| Common stock | 46 | 32 | 8 | 80 | 80 | 45 | |||
| Additional paid in capital | 696,966 | 433,885 | 247,762 | 231,068 | 227,912 | 172,708 | |||
| Accumulated other comprehensive income | 361 | ||||||||
| Accumulated deficit | (452,260) | (276,410) | (237,422) | (213,355) | (182,445) | (157,806) | |||
| Total equity: | 245,113 | 157,507 | 10,348 | 17,793 | 45,547 | 14,947 | |||
| TOTAL LIABILITIES AND EQUITY: | 330,972 | 180,691 | 26,497 | 35,553 | 64,982 | 38,172 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 173 | |||||||
| Sublease income | 173 | |||||||
| Cost of revenue | ||||||||
| Gross profit: | 173 | |||||||
| Operating expenses | (187,671) | (41,384) | (24,397) | (31,528) | (36,289) | (23,486) | ||
| Other undisclosed operating loss | (173) | |||||||
| Operating income (loss): | (187,671) | (41,384) | (24,397) | (31,528) | (36,289) | (23,486) | ||
| Nonoperating income (expense) | 11,821 | 2,396 | 330 | 618 | 11,650 | (7,288) | ||
| Investment income, nonoperating | 12,052 | |||||||
| Other nonoperating income | 2,578 | 300 | 110 | 13 | 154 | |||
| Interest and debt expense | (231) | (2) | (1) | |||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2 | 1 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (176,081) | (38,988) | (24,067) | (30,910) | (24,639) | (30,774) | ||
| Loss from equity method investments | (478) | |||||||
| Other undisclosed income from continuing operations before income taxes | 231 | |||||||
| Income (loss) from continuing operations: | (175,850) | (38,988) | (24,067) | (30,910) | (24,639) | (31,252) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (30,910) | (24,639) | (31,252) | |
| Other undisclosed net income | 478 | |||||||
| Net income (loss) attributable to parent: | (175,850) | (38,988) | (24,067) | (30,910) | (24,639) | (30,774) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | ||||||||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, diluted: | (175,850) | (38,988) | (24,067) | (30,910) | (24,639) | (30,774) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (175,850) | (38,988) | (24,067) | (30,910) | (24,639) | (30,774) | ||
| Comprehensive income (loss): | (175,850) | (38,988) | (24,067) | (30,910) | (24,639) | (30,774) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 361 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (175,489) | (38,988) | (24,067) | (30,910) | (24,639) | (30,774) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.