SPTX
Seaport Therapeutics, Inc.
Company overview
- Market capitalization
- $1.15B
- Employees
- 58
- Latest publication
- 2026-09-29
About Seaport Therapeutics, Inc.
Seaport Therapeutics, Inc. operates as a clinical-stage biopharmaceutical company advancing the development of novel neuropsychiatric medicines. The company develops therapeutic candidates for conditions such as depression and anxiety disorders using its proprietary Glyph technology platform. The Glyph platform is designed to enable oral bioavailability, bypass first-pass metabolism, and reduce liver enzyme elevations or hepatotoxicity and other side effects. All therapeutic candidates in development are based on this platform, with research and development activities focused on neuropsychiatric medicines. The company serves clinicians and key opinion leaders in the healthcare and neuropsychiatric medicine sectors. The company was founded in 2024 and is based in Boston, Massachusetts.
Financial statements
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD |
|---|---|---|
| Total Revenue | 0USD | 0USD |
| Research Development | 66,313,000USD | 25,070,000USD |
| Selling General Administrative | 20,981,000USD | 27,346,000USD |
| Total Operating Expenses | 87,294,000USD | 52,416,000USD |
| Operating Income | -87,294,000USD | -52,416,000USD |
| Interest Income | 11,403,000USD | 5,537,000USD |
| Net Interest Income | 11,403,000USD | 5,537,000USD |
| Income Before Tax | -74,108,000USD | -46,879,000USD |
| Tax Provision | 773,000USD | 0USD |
| Net Income | -74,881,000USD | -46,879,000USD |
| Net Income From Continuing Ops | -74,881,000USD | -46,879,000USD |
| Reconciled Depreciation | 1,405,000USD | 214,000USD |
| Total Other Income Expense Net | 1,783,000USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Total Assets | 441,681,000USD |
| Cash And Equivalents | 64,223,000USD |
| Cash And Short Term Investments | 273,309,000USD |
| Short Term Investments | 209,086,000USD |
| Long Term Investments | 153,951,000USD |
| Total Current Assets | 282,175,000USD |
| Other Current Assets | 8,866,000USD |
| Other Non Current Assets | 454,000USD |
| Total Liabilities | 19,079,000USD |
| Total Current Liabilities | 15,674,000USD |
| Other Current Liabilities | 0USD |
| Total Stockholder Equity | 422,602,000USD |
| Total Equity Including Noncontrolling Interest | 422,602,000USD |
| Property Plant Equipment Net | 5,101,000USD |
| Accounts Payable | 5,705,000USD |
| Short Term Debt | 1,611,000USD |
| Common Stock | 5,000USD |
| Retained Earnings | -202,117,000USD |
| Accumulated Other Comprehensive Income | -475,000USD |
| Source | DisclosureDeterministicFinal |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD |
|---|---|---|
| Total Assets | 249,009,000USD | 315,777,000USD |
| Total Liab | 341,554,000USD | 340,626,000USD |
| Total Stockholder Equity | -92,545,000USD | -24,849,000USD |
| Capital Stock | 1,000USD | 1,000USD |
| Retained Earnings | -114,109,000USD | -39,228,000USD |
| Cash | 46,042,000USD | 309,099,000USD |
| Total Current Assets | 223,230,000USD | 310,152,000USD |
| Total Current Liabilities | 12,782,000USD | 11,149,000USD |
| Long Term Investments | 17,670,000USD | 0USD |
| Short Term Investments | 169,941,000USD | 0USD |
| Accounts Payable | 2,007,000USD | 4,733,000USD |
| Property Plant Equipment Net | 5,225,000USD | 5,171,000USD |
| Property Plant Equipment Gross | 6,214,000USD | 6,008,000USD |
| Common Stock Shares Outstanding | 53,027,817shares | 53,027,817shares |
| Non Current Assets Total | 25,779,000USD | 5,625,000USD |
| Non Current Liabilities Total | 328,772,000USD | 329,477,000USD |
| Non Currrent Assets Other | 2,884,000USD | 454,000USD |
| Net Working Capital | 210,448,000USD | 299,003,000USD |
| Unclassified Current Assets | 7,247,000USD | — |
| Unclassified Current Liabilities | 10,775,000USD | 6,416,000USD |
| Unclassified Non Current Liabilities | 328,772,000USD | 329,477,000USD |
| Unclassified Equity | 21,563,000USD | 14,378,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD |
|---|---|---|
| Net Income | -74,881,000USD | -46,879,000USD |
| Depreciation | 1,405,000USD | 214,000USD |
| Stock Based Compensation | 6,883,000USD | 14,524,000USD |
| Change In Working Capital | -7,930,000USD | 2,512,000USD |
| Total Cash From Operating Activities | -77,942,000USD | -29,629,000USD |
| Capital Expenditures | -356,000USD | -113,000USD |
| Free Cash Flow | -78,298,000USD | -29,742,000USD |
| Investments | -183,889,000USD | 0USD |
| Total Cash From Financing Activities | -873,000USD | 339,295,000USD |
| Issuance Of Capital Stock | 0USD | 326,100,000USD |
| Change In Cash | -263,057,000USD | 309,553,000USD |
| Begin Period Cash Flow | 309,553,000USD | 0USD |
| End Period Cash Flow | 46,496,000USD | 309,553,000USD |
| Unclassified Operating Cash Flow | -3,419,000USD | — |
| Unclassified Financing Cash Flow | — | 13,195,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.