SYNLOGIC, INC. (SYBX) Form 10-Q — May 14, 2026
Synlogic, Inc. reported a net income of $0.7 million for the quarter ended March 31, 2026, driven primarily by a $1.9 million non-cash gain from the remeasurement of purchase warrant liabilities rather than operational performance. The company generated zero revenue and incurred $1.3 million in operating expenses, including $0.2 million in restructuring charges, while maintaining a cash position of $14.1 million. The filing confirms that Synlogic is classified as a 'public shell' following its delisting from Nasdaq in January 2026 and now trades on the OTC markets.
Key figures
- Eps
- 0.05
- Revenue
- 0
- Net Income
- 681000
- Total Debt
- 0
- Total Assets
- 14611000
- Cash Position
- 14105000
- Operating Expenses
- 1319000
- Shares Outstanding
- 11696641
- Restructuring Charges
- 206000
- Warrant Liability Gain
- 1872000
Price after filing
Close on the filing date to close N calendar days later (from $0.65). Historical, not a forecast.
AI analysis
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