Syndax Pharmaceuticals Inc (SNDX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
730 THIRD AVENUE NEW YORK, NY 10017 |
| 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)
| 6/30/2025 MRQ | 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 | 572,884 | 570,698 | 475,802 | 439,936 | 293,065 | 59,775 | |||
| Cash and cash equivalent | 154,083 | 295,394 | 74,356 | 221,965 | 115,243 | 24,609 | |||
| Short-term investments | 418,801 | 275,304 | 401,446 | 217,971 | 177,822 | 35,166 | |||
| Restricted cash and investments | 217 | 217 | 115 | ||||||
| Receivables | 10,236 | 1,227 | 583 | 429 | 175 | 116 | |||
| Inventory, net of allowances, customer advances and progress billings | 366 | ||||||||
| Inventory | 366 | ||||||||
| Prepaid expense | 1,995 | 1,033 | 886 | 1,022 | 802 | 727 | |||
| Deposits current assets | 10,029 | 6,885 | 8,595 | 6,894 | 4,683 | 1,297 | |||
| Other undisclosed current assets | 7,330 | 816 | 3,805 | 115 | 139 | 416 | |||
| Total current assets: | 603,057 | 580,876 | 489,786 | 448,396 | 298,864 | 62,331 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,022 | 1,487 | 1,039 | 983 | 290 | 716 | |||
| Property, plant and equipment | 8 | 20 | 278 | 192 | 281 | ||||
| Long-term investments and receivables | 119,520 | 29,829 | 5,469 | ||||||
| Long-term investments | 119,520 | 29,829 | 5,469 | ||||||
| Restricted cash and investments | 217 | 217 | 115 | ||||||
| Other noncurrent assets | 463 | 807 | 1,267 | 197 | |||||
| Total noncurrent assets: | 121,759 | 32,004 | 7,450 | 1,261 | 1,749 | 1,194 | |||
| TOTAL ASSETS: | 724,816 | 612,880 | 497,236 | 449,657 | 300,613 | 63,525 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 26,909 | 23,471 | 12,251 | 12,375 | 7,622 | 9,647 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 4,342 | 3,213 | 2,800 | ||
| Accounts payable | 11,626 | 9,961 | 4,350 | 5,669 | 3,508 | 6,178 | |||
| Accrued liabilities | 15,283 | 13,510 | 7,901 | 2,364 | 901 | 669 | |||
| Deferred revenue | 1,517 | 1,517 | |||||||
| Debt | 2,285 | 478 | |||||||
| Derivative instruments and hedges, liabilities | 187 | ||||||||
| Other undisclosed current liabilities | 76,640 | 34,625 | 16,814 | 8,121 | 7,448 | 6,726 | |||
| Total current liabilities: | 103,549 | 58,096 | 29,065 | 20,683 | 18,872 | 18,368 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 331,565 | 20,606 | 17,935 | 419 | |||||
| Long-term debt, excluding current maturities | 331,565 | 19,895 | 17,834 | ||||||
| Liabilities, other than long-term debt | 1,578 | 578 | 709 | 11,618 | 13,138 | ||||
| Deferred revenue | 11,617 | 13,133 | |||||||
| Other liabilities | 1 | 5 | |||||||
| Operating lease, liability | 1,578 | 578 | 709 | 711 | 101 | 419 | |||
| Other undisclosed noncurrent liabilities | 10 | 13 | (711) | ||||||
| Total noncurrent liabilities: | 333,143 | 588 | 722 | 20,606 | 29,553 | 13,557 | |||
| Total liabilities: | 436,692 | 58,684 | 29,787 | 41,289 | 48,425 | 31,925 | |||
| Equity | |||||||||
| Equity, attributable to parent | 288,124 | 554,196 | 467,449 | 408,368 | 252,188 | 31,600 | |||
| Common stock | 9 | 8 | 7 | 6 | 5 | 3 | |||
| Additional paid in capital | 1,509,110 | 1,456,370 | 1,161,288 | 952,019 | 820,815 | 527,067 | |||
| Accumulated other comprehensive income (loss) | 163 | 218 | (806) | 45 | (4) | ||||
| Accumulated deficit | (1,221,158) | (902,400) | (693,040) | (543,702) | (568,628) | (495,470) | |||
| Total equity: | 288,124 | 554,196 | 467,449 | 408,368 | 252,188 | 31,600 | |||
| TOTAL LIABILITIES AND EQUITY: | 724,816 | 612,880 | 497,236 | 449,657 | 300,613 | 63,525 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 23,680 | 139,709 | 1,517 | 1,517 | ||||
| Gross profit: | 23,680 | 139,709 | 1,517 | 1,517 | ||||
| Operating expenses | (363,352) | (229,954) | (151,757) | (113,489) | (72,940) | (59,056) | ||
| Operating income (loss): | (339,672) | (229,954) | (151,757) | 26,220 | (71,423) | (57,539) | ||
| Nonoperating income (expense) | 20,914 | 20,594 | 2,419 | (1,294) | (1,735) | 1,492 | ||
| Investment income, nonoperating | 26,090 | 21,163 | 5,872 | 403 | 841 | |||
| Other nonoperating income (expense) | (247) | (361) | (316) | 202 | (219) | (79) | ||
| Interest and debt expense | (4,929) | (208) | (3,137) | (1,899) | (2,357) | |||
| Income (loss) from continuing operations: | (323,687) | (209,568) | (152,475) | 23,027 | (75,515) | (56,047) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 23,027 | (75,515) | (56,047) | |
| Other undisclosed net income | 4,929 | 208 | 3,137 | 1,899 | 2,357 | |||
| Net income (loss): | (318,758) | (209,360) | (149,338) | 24,926 | (73,158) | (56,047) | ||
| Other undisclosed net income attributable to parent | ||||||||
| Net income (loss) attributable to parent: | (318,758) | (209,360) | (149,338) | 24,926 | (73,158) | (56,047) | ||
| Other undisclosed net loss available to common stockholders, basic | (3,906) | |||||||
| Net income (loss) available to common stockholders, diluted: | (318,758) | (209,360) | (149,338) | 24,926 | (77,064) | (56,047) | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (318,758) | (209,360) | (149,338) | 24,926 | (73,158) | (56,047) | ||
| Comprehensive income (loss): | (318,758) | (209,360) | (149,338) | 24,926 | (73,158) | (56,047) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (55) | 1,024 | (851) | 49 | (4) | 25 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (318,813) | (208,336) | (150,189) | 24,975 | (73,162) | (56,022) | ||
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.