SQZ Biotechnologies Company (SQZ) financial statements (2022 and earlier)

Company profile

Business Address 200 ARSENAL YARDS BLVD., STE. 210
WATERTOWN, MA 02472
State of Incorp. DE
Fiscal Year End December 31
SIC 2836 - Biological Products, Except Diagnostic Substances (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments143,513164,254185,067204,929170,357115,081
Cash and cash equivalents143,513164,254185,067204,929170,357107,060
Short-term investments     8,021
Receivables3,000 52281,8921,892
Prepaid expense4,027 4,1446,1574,0321,844
Other undisclosed current assets951,913  55061
Total current assets:150,635166,167189,263211,114176,831118,878
Noncurrent Assets
Operating lease, right-of-use asset69,84372,28243,46745,88648,36050,807
Property, plant and equipment3,0463,3193,5193,5663,6453,850
Restricted cash and investments2,3052,3052,3052,3052,3052,305
Deferred costs323     
Other undisclosed noncurrent assets     1,132
Total noncurrent assets:75,51777,90649,29151,75754,31058,094
TOTAL ASSETS:226,152244,073238,554262,871231,141176,972
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10,7818,0517,3498,49311,0668,340
Accounts payable3,9712,3902,1043,9513,7082,461
Accrued liabilities6,8105,6615,2454,5427,3585,879
Deferred revenue12,50721,85726,60925,51925,91734,309
Other undisclosed current liabilities9,9369,2019,8778,3678,2108,040
Total current liabilities:33,22439,10943,83542,37945,19350,689
Noncurrent Liabilities
Long-term debt and lease obligation59,75662,35732,61036,39938,88541,323
Operating lease, liability59,75662,35732,61036,39938,88541,323
Liabilities, other than long-term debt9,1969,4019,40514,80819,86414,762
Deferred revenue9,1969,1969,20014,60319,65913,755
Other liabilities 2052052052051,007
Total noncurrent liabilities:68,95271,75842,01551,20758,74956,085
Total liabilities:102,176110,86785,85093,586103,942106,774
Temporary equity, carrying amount     174,357
Stockholders' equity
Stockholders' equity attributable to parent123,976133,206152,704169,285127,199(104,159)
Common stock28282828252
Additional paid in capital319,458316,866313,914311,425253,9434,992
Accumulated other comprehensive income     15
Accumulated deficit(195,510)(183,688)(161,238)(142,168)(126,769)(109,168)
Total stockholders' equity:123,976133,206152,704169,285127,199(104,159)
TOTAL LIABILITIES AND EQUITY:226,152244,073238,554262,871231,141176,972

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Revenues12,3504,7554,5395,4542,4876,121
Gross profit:12,3504,7554,5395,4542,4876,121
Operating expenses(24,181)(27,211)(23,615)(20,860)(20,102)(18,522)
Operating loss:(11,831)(22,456)(19,076)(15,406)(17,615)(12,401)
Nonoperating income96671450
Investment income, nonoperating881191756
Other nonoperating income (expense)1(2)(5)(2)(3)(6)
Net loss available to common stockholders, diluted:(11,822)(22,450)(19,070)(15,399)(17,601)(12,351)

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Net loss:(11,822)(22,450)(19,070)(15,399)(17,601)(12,351)
Other undisclosed comprehensive loss    (15)(48)
Comprehensive loss, net of tax, attributable to parent:(11,822)(22,450)(19,070)(15,399)(17,616)(12,399)

Statements sources

The financial statements are based on the company's filings with the 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.

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