2022 Q3 Form 10-Q Financial Statement

#000185427022000019 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $1.766M $1.358M $0.00
YoY Change 71.25%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $10.80M $13.88M $50.27K
YoY Change 26114.18% 25523.04% -98.83%
% of Gross Profit
Research & Development $8.056M $9.247M $7.603M
YoY Change 48.91% 76.64% 55.16%
% of Gross Profit
Depreciation & Amortization $400.0K $300.0K $200.0K
YoY Change 100.0% 50.0% 17.65%
% of Gross Profit
Operating Expenses $18.85M $23.13M $1.333M
YoY Change 6297.98% 136.28% 112866.95%
Operating Profit -$17.09M -$21.77M -$11.76M
YoY Change 49.57% 142.01%
Interest Expense $542.0K $27.00K $23.16K
YoY Change 18210.81% 1250.0%
% of Operating Profit
Other Income/Expense, Net $445.0K $10.22M -$50.00K
YoY Change 2517.65% -439.39% -99.58%
Pretax Income -$16.64M -$11.55M -$1.310M
YoY Change 5604.88% 5504.89% 110904.24%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$16.64M -$11.55M -$11.81M
YoY Change 5604.88% -3.79% -43.78%
Net Earnings / Revenue -942.24% -850.66%
Basic Earnings Per Share -$0.38 -$0.86 -$3.72
Diluted Earnings Per Share -$0.38 -$0.86 -$44.45K
COMMON SHARES
Basic Shares Outstanding 43.39M shares 13.45M shares 3.171M shares
Diluted Shares Outstanding 43.42M shares 13.45M shares 3.171M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $114.9M $139.8M $396.7K
YoY Change 11574.49% 12645.01%
Cash & Equivalents $114.9M $139.8M $38.14M
Short-Term Investments
Other Short-Term Assets $56.00K $28.00K $430.5K
YoY Change -91.68% -96.44%
Inventory
Prepaid Expenses $2.277M $2.535M
Receivables $846.0K $600.0K $400.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $119.8M $143.9M $827.2K
YoY Change 7125.09% 7537.43%
LONG-TERM ASSETS
Property, Plant & Equipment $47.26M $35.51M $44.20M
YoY Change 77.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $243.0K $207.0K $230.1M
YoY Change -99.89% -99.91% 61477.02%
Total Long-Term Assets $69.68M $58.44M $230.1M
YoY Change -69.7% -74.59%
TOTAL ASSETS
Total Short-Term Assets $119.8M $143.9M $827.2K
Total Long-Term Assets $69.68M $58.44M $230.1M
Total Assets $189.4M $202.4M $230.9M
YoY Change -18.23% -12.73% 61698.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.768M $5.755M $32.86K
YoY Change 1964344.44% 127505.32% 117257.14%
Accrued Expenses $13.84M $10.90M $4.018M
YoY Change 10644.8% 19188.62% 401737.0%
Deferred Revenue $99.00K $833.0K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.84M $17.80M $4.051M
YoY Change 12191.04% 29062.71% 1058.02%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $33.26M $30.30M $7.050M
YoY Change 313.18% 276.4%
Total Long-Term Liabilities $33.26M $30.30M $7.050M
YoY Change 313.18% 276.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.84M $17.80M $4.051M
Total Long-Term Liabilities $33.26M $30.30M $7.050M
Total Liabilities $49.10M $48.10M $11.10M
YoY Change 500.3% 492.97% 3073.28%
SHAREHOLDERS EQUITY
Retained Earnings -$155.1M -$138.4M
YoY Change
Common Stock $4.000K $4.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $140.3M $154.3M -$121.8M
YoY Change
Total Liabilities & Shareholders Equity $189.4M $202.4M $230.9M
YoY Change -18.23% -12.73% 61698.89%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$16.64M -$11.55M -$11.81M
YoY Change 5604.88% -3.79% -43.78%
Depreciation, Depletion And Amortization $400.0K $300.0K $200.0K
YoY Change 100.0% 50.0% 17.65%
Cash From Operating Activities -$25.40M -$5.690M -$492.6K
YoY Change 22505.58% 508.76%
INVESTING ACTIVITIES
Capital Expenditures $32.84M $11.26M $7.380M
YoY Change 3431.29% 2580.95% 3414.29%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$32.84M -$11.26M -$7.380M
YoY Change -95.1% 3414.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 117.7M 118.6M -$455.0K
YoY Change -48.88% -112.78%
NET CHANGE
Cash From Operating Activities -25.40M -5.690M -492.6K
Cash From Investing Activities -32.84M -11.26M -$7.380M
Cash From Financing Activities 117.7M 118.6M -$455.0K
Net Change In Cash 59.44M 101.7M -492.6K
YoY Change -53003.1% 9168.93%
FREE CASH FLOW
Cash From Operating Activities -$25.40M -$5.690M -$492.6K
Capital Expenditures $32.84M $11.26M $7.380M
Free Cash Flow -$58.24M -$16.95M -$7.873M
YoY Change 5487.22% 1151.22% 3648.87%

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CY2021Q2 us-gaap Stock Issued During Period Value New Issues
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171833000 usd
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171833000 usd
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CY2022Q1 us-gaap Net Income Loss
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171833000 usd
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CY2022Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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CY2022Q2 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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snti Fair Value Adjustment Preferred Stock Tranche Liability
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snti Fair Value Adjustment Preferred Stock Tranche Liability
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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snti Proceeds From Merger And Related Pipe Financing Net Of Transaction Costs
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Issuance Of Convertible Preferred Stock
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snti Payment Of Deferred Offering Costs
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0 usd
snti Payment Of Deferred Offering Costs
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480000 usd
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us-gaap Net Cash Provided By Used In Financing Activities
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83766000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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53440000 usd
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59291000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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143057000 usd
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CashAndCashEquivalentsAtCarryingValue
139800000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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3257000 usd
CY2021Q2 us-gaap Restricted Cash
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1532000 usd
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143057000 usd
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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snti Recognition Of Preferred Stock Tranche Liability
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snti Recognition Of Preferred Stock Tranche Liability
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snti Extinguishment Of Preferred Stock Tranche Liability
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snti Extinguishment Of Preferred Stock Tranche Liability
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snti Merger And Related Pipe Financing Costs Incurred But Not Yet Paid
MergerAndRelatedPIPEFinancingCostsIncurredButNotYetPaid
263000 usd
snti Merger And Related Pipe Financing Costs Incurred But Not Yet Paid
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snti Deferred Transaction Costs Related To Pending Business Combination In Accounts Payable And Accrued Expenses
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CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
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us-gaap Net Income Loss
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snti Number Of Business Activities
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<div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions reflected in these consolidated financial statements include, but are not limited to, the valuation of stock-based awards, the accrual for research and development expenses, the valuation of contingent earnout, the valuation of convertible notes, the valuation of common and redeemable convertible preferred stock, the valuation of preferred stock tranche liability, standalone selling price (“SSP”) and the determination of the incremental borrowing rate. The Company evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts those estimates and assumptions when facts and circumstances dictate. Actual results could differ from those estimates.</span></div>
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares
ReverseRecapitalizationContingentConsiderationEquityShares
2000000 shares
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Number Of Tranches
ReverseRecapitalizationContingentConsiderationEquityNumberOfTranches
2 tranche
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares Per Tranche
ReverseRecapitalizationContingentConsiderationEquitySharesPerTranche
1000000 shares
CY2022Q2 snti Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.1957
CY2022Q2 snti Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.1957
CY2022Q2 snti Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.1957
CY2022Q2 snti Recapitalization Exchange Ratio
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0.1957
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares
ReverseRecapitalizationContingentConsiderationEquityShares
2000000 shares
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Number Of Tranches
ReverseRecapitalizationContingentConsiderationEquityNumberOfTranches
2 tranche
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares Per Tranche
ReverseRecapitalizationContingentConsiderationEquitySharesPerTranche
1000000 shares
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Earnout Period Threshold Trading Days
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodThresholdTradingDays
P20D
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Earnout Period Threshold Consecutive Trading Days
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodThresholdConsecutiveTradingDays
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CY2021Q4 us-gaap Deposits Assets Current
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CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Threshold Of Years For Change Of Control
ReverseRecapitalizationContingentConsiderationEquityThresholdOfYearsForChangeOfControl
P3Y
CY2022Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5060000 shares
CY2022Q2 snti Stock Converted Reverse Recapitalization
StockConvertedReverseRecapitalization
23163614 shares
CY2022Q2 snti Early Exercised Shares Subject To Repurchase
EarlyExercisedSharesSubjectToRepurchase
288807 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2022Q2 us-gaap Stock Issued During Period Shares Conversion Of Units
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19517988 shares
CY2022Q2 snti Cash Acquired Through Reverse Recapitalization
CashAcquiredThroughReverseRecapitalization
140700000 usd
CY2022Q2 snti Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
23300000 usd
snti Reverse Recapitalization Accrued Transaction Costs
ReverseRecapitalizationAccruedTransactionCosts
300000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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143057000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
143057000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59291000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
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810000 usd
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AssetsFairValueDisclosure
59291000 usd
CY2022Q2 us-gaap Prepaid Expense Current
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2535000 usd
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CY2022Q2 us-gaap Deposits Assets Current
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CY2021Q4 us-gaap Other Assets Current
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3546000 usd
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3676000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
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37623000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14023000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2118000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1655000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
35505000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12368000 usd
us-gaap Depreciation
Depreciation
500000 usd
us-gaap Depreciation
Depreciation
300000 usd
CY2022Q2 us-gaap Depreciation
Depreciation
300000 usd
CY2021Q2 us-gaap Depreciation
Depreciation
200000 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
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111000 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
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9056000 usd
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CY2022Q2 us-gaap Operating Lease Cost
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CY2021Q2 us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
OperatingLeaseCost
2650000 usd
us-gaap Operating Lease Cost
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1359000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
27000 usd
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
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us-gaap Short Term Lease Cost
ShortTermLeaseCost
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us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
182000 usd
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
161000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
353000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
404000 usd
CY2022Q2 us-gaap Lease Cost
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1534000 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
840000 usd
us-gaap Lease Cost
LeaseCost
3033000 usd
us-gaap Lease Cost
LeaseCost
1763000 usd
snti Operating Lease Proceeds Payments
OperatingLeaseProceedsPayments
6740000 usd
snti Operating Lease Proceeds Payments
OperatingLeaseProceedsPayments
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snti Remeasurement Of Rou And Lease Liabilities Due To Changes In The Timing Of Receipt Of Lease Incentives
RemeasurementOfROUAndLeaseLiabilitiesDueToChangesInTheTimingOfReceiptOfLeaseIncentives
199000 usd
snti Remeasurement Of Rou And Lease Liabilities Due To Changes In The Timing Of Receipt Of Lease Incentives
RemeasurementOfROUAndLeaseLiabilitiesDueToChangesInTheTimingOfReceiptOfLeaseIncentives
0 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M12D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.091
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.089
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1394000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6272000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7265000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7489000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7723000 usd
CY2022Q2 snti Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
30230000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
60373000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20137000 usd
CY2022Q2 snti Tenet Improvement Reimbursements
TenetImprovementReimbursements
9361000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
30875000 usd
CY2021Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
19517990 shares
CY2021Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
19517988 shares
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
19517988 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
171833000 usd
CY2021Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
163834000 usd
CY2022Q2 snti Temporary Equity Conversion Ratio
TemporaryEquityConversionRatio
1
CY2022Q2 snti Number Of Votes Per Common Share
NumberOfVotesPerCommonShare
1 vote
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
0 usd
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
27006600 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
11560910 shares
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
23000816 shares
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares
ReverseRecapitalizationContingentConsiderationEquityShares
2000000 shares
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Number Of Tranches
ReverseRecapitalizationContingentConsiderationEquityNumberOfTranches
2 tranche
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares Per Tranche
ReverseRecapitalizationContingentConsiderationEquitySharesPerTranche
1000000 shares
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Earnout Period Threshold Consecutive Trading Days
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodThresholdConsecutiveTradingDays
P30D
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Threshold Of Years For Change Of Control
ReverseRecapitalizationContingentConsiderationEquityThresholdOfYearsForChangeOfControl
P3Y
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Fair Value
ReverseRecapitalizationContingentConsiderationFairValue
9800000 usd
CY2022Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9700000 usd
CY2022Q2 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
100000 usd
CY2022Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-8900000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-8900000 usd
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
300000 usd
CY2019Q2 snti Revenue Remaining Performance Obligation Variable Consideration Amount
RevenueRemainingPerformanceObligationVariableConsiderationAmount
300000 usd
CY2021Q4 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueModificationOfContract
-300000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000 usd
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 usd
CY2021Q2 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
0 usd
CY2022Q2 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
0 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2291838 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.39
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y1M6D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
11304000 usd
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
199807 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
424485 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
2.77
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1667546 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.02
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y6M
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.80
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
9000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
421763 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.60
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y9M18D
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
9000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9225000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
562000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9886000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
934000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
32100000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y3M3D
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9200000 usd
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y1M6D
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-11552000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-12007000 usd
us-gaap Net Income Loss
NetIncomeLoss
-23360000 usd
us-gaap Net Income Loss
NetIncomeLoss
-33009000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13446622 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13446622 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2909105 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2909105 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8336451 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8336451 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2883582 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2883582 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.86
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.86
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.13
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-11.45
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-11.45
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
46000000 usd
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11068175 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11068175 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21832990 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21832990 shares
CY2021Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P11Y
snti Collaborative Arrangement Rights And Obligations Contractual Annual Payments
CollaborativeArrangementRightsAndObligationsContractualAnnualPayments
100000 usd
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares
ReverseRecapitalizationContingentConsiderationEquityShares
2000000 shares
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Number Of Tranches
ReverseRecapitalizationContingentConsiderationEquityNumberOfTranches
2 tranche
CY2022Q2 snti Reverse Recapitalization Contingent Consideration Equity Shares Per Tranche
ReverseRecapitalizationContingentConsiderationEquitySharesPerTranche
1000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 snti Number Of Seats On The Board Of Directors
NumberOfSeatsOnTheBoardOfDirectors
7 tradingday
CY2022Q2 snti Number Of Seats On The Board Of Directors
NumberOfSeatsOnTheBoardOfDirectors
7 tradingday
CY2021Q4 snti Number Of Seats On The Board Of Directors
NumberOfSeatsOnTheBoardOfDirectors
7 tradingday

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