State Ledger
Company profile

Semnur Pharmaceuticals, Inc. CIK 1913577

Tickers
SMNR (OTC) · SMNRW (OTC)
Industry
Pharmaceutical Preparations
Headquarters
Palo Alto, CA 94303
Fiscal year end
2025 (FY)
Key Financials
Revenue
—
Net income
-$160.42M
Total assets
$1.35M
Total liabilities
$22.10M
Stockholders' equity
-$20.75M
Cash & equivalents
$20.0K
Operating income
-$160.42M
Operating cash flow
-$5.87M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-02-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
1,641.6%
Equity / assets
-1,541.6%
CapEx / revenue
—
Operating cash flow / net income
0.04×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — -$160.42M $1.35M $22.10M -$20.75M
2024 — -$4.69M $6.68M $49.47M -$42.78M
2023 — $632.5K $50.69M $8.49M -$38.09M
2022 — -$419.4K $86.28M $4.18M -$3.27M
Company Details
SIC code
2834
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 10-Q
2026-08-10
Financials filed via
Form 10-K
filed 2026-02-27

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Palo Alto, CA 94303
960 SAN ANTONIO ROAD
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:20 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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