2024 Q1 Form 10-K Financial Statement

#000185427024000029 Filed on March 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $0.00 $0.00 $2.561M
YoY Change -100.0% -100.0% -40.25%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $7.522M $9.305M $37.18M
YoY Change -23.26% -14.73% -8.99%
% of Gross Profit
Research & Development $8.779M $9.122M $32.15M
YoY Change -22.43% -0.45% -5.63%
% of Gross Profit
Depreciation & Amortization $984.0K $992.0K $3.400M
YoY Change 96.8% 120.44% 143.2%
% of Gross Profit
Operating Expenses $16.30M $18.43M $95.29M
YoY Change -22.82% -8.21% 27.19%
Operating Profit -$16.30M -$92.73M
YoY Change -17.81% 31.29%
Interest Expense $331.0K $426.0K $2.864M
YoY Change -68.8% -62.23% 68.37%
% of Operating Profit
Other Income/Expense, Net $4.190M -$416.0K $9.321M
YoY Change 276.8% -161.36% -24.95%
Pretax Income -$12.11M -$18.69M -$83.41M
YoY Change -35.31% 2.62% 43.28%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$12.11M -$71.06M -$71.10M
YoY Change -35.31% 290.21% 22.14%
Net Earnings / Revenue -2776.26%
Basic Earnings Per Share -$0.26 -$1.60
Diluted Earnings Per Share -$0.26 -$0.42 -$1.60
COMMON SHARES
Basic Shares Outstanding 45.76M shares 44.55M shares 44.37M shares
Diluted Shares Outstanding 45.71M shares 44.37M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.72M $35.93M $35.93M
YoY Change -68.83% -63.55% -63.55%
Cash & Equivalents $23.70M $35.93M $35.93M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $0.00 $195.0K $17.57M
YoY Change -100.0% 93.07% 418.29%
Inventory
Prepaid Expenses $2.628M $2.546M
Receivables $76.00K $112.0K $112.0K
Other Receivables $17.85M $17.59M $17.59M
Total Short-Term Assets $55.67M $71.20M $71.20M
YoY Change -30.86% -30.59% -30.59%
LONG-TERM ASSETS
Property, Plant & Equipment $24.35M $25.34M $41.61M
YoY Change -58.71% -54.86% -44.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $86.00K $215.0K $5.553M
YoY Change -81.74% -26.62% 51.76%
Total Long-Term Assets $46.52M $48.28M $48.28M
YoY Change -42.51% -38.27% -38.27%
TOTAL ASSETS
Total Short-Term Assets $55.67M $71.20M $71.20M
Total Long-Term Assets $46.52M $48.28M $48.28M
Total Assets $102.2M $119.5M $119.5M
YoY Change -36.7% -33.91% -33.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.624M $1.250M $1.250M
YoY Change -37.1% -44.86% -44.86%
Accrued Expenses $6.912M $9.958M $9.958M
YoY Change -28.35% -32.95% -32.95%
Deferred Revenue $0.00
YoY Change -100.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $97.00K $97.00K
YoY Change 5.26%
Total Short-Term Liabilities $9.609M $12.67M $12.67M
YoY Change -25.31% -29.81% -29.81%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $36.48M $39.90M $39.90M
YoY Change 0.93% 12.47% 12.47%
Total Long-Term Liabilities $36.48M $39.90M $39.90M
YoY Change 0.73% 12.47% 12.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.609M $12.67M $12.67M
Total Long-Term Liabilities $36.48M $39.90M $39.90M
Total Liabilities $46.09M $52.57M $52.57M
YoY Change -6.1% -1.79% -1.79%
SHAREHOLDERS EQUITY
Retained Earnings -$256.5M -$244.3M
YoY Change 33.59% 40.98%
Common Stock $5.000K $5.000K
YoY Change 25.0% 25.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $56.09M $66.91M $66.91M
YoY Change
Total Liabilities & Shareholders Equity $102.2M $119.5M $119.5M
YoY Change -36.7% -33.91% -33.91%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$12.11M -$71.06M -$71.10M
YoY Change -35.31% 290.21% 22.14%
Depreciation, Depletion And Amortization $984.0K $992.0K $3.400M
YoY Change 96.8% 120.44% 143.2%
Cash From Operating Activities -$11.68M -$7.037M -$52.40M
YoY Change -28.35% -21.86% 50.15%
INVESTING ACTIVITIES
Capital Expenditures $15.00K $4.000K $12.04M
YoY Change -99.77% -99.95% -70.9%
Acquisitions
YoY Change
Other Investing Activities $0.00 $105.0K $42.12M
YoY Change -100.0% -100.26% -203.77%
Cash From Investing Activities -$15.00K $101.0K $30.08M
YoY Change -99.84% -100.21% -136.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $512.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 556.0K $779.0K
YoY Change -100.0% -36.53% -99.34%
NET CHANGE
Cash From Operating Activities -$11.68M -7.037M -$52.40M
Cash From Investing Activities -$15.00K 101.0K $30.08M
Cash From Financing Activities $0.00 556.0K $779.0K
Net Change In Cash -$11.70M -6.380M -$21.54M
YoY Change -54.73% -88.86% -1369.99%
FREE CASH FLOW
Cash From Operating Activities -$11.68M -$7.037M -$52.40M
Capital Expenditures $15.00K $4.000K $12.04M
Free Cash Flow -$11.70M -$7.041M -$64.43M
YoY Change -48.72% -59.86% -15.52%

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-58210000 usd
CY2023 snti Depreciation And Amortization Including Discontinued Operations
DepreciationAndAmortizationIncludingDiscontinuedOperations
3561000 usd
CY2022 snti Depreciation And Amortization Including Discontinued Operations
DepreciationAndAmortizationIncludingDiscontinuedOperations
1398000 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1868000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2522000 usd
CY2023 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1069000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
356000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1289000 usd
CY2023 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
21862000 usd
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-207000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-9461000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
25962000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
9670000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
16392000 usd
CY2023 snti Stock Issued For Purchase Agreement Fee
StockIssuedForPurchaseAgreementFee
0 usd
CY2022 snti Stock Issued For Purchase Agreement Fee
StockIssuedForPurchaseAgreementFee
196000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
35000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
8000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-290000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
186000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
716000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2055000 usd
CY2023 snti Increase Decrease In Deferred Sublease Income
IncreaseDecreaseInDeferredSubleaseIncome
689000 usd
CY2022 snti Increase Decrease In Deferred Sublease Income
IncreaseDecreaseInDeferredSubleaseIncome
0 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-799000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1033000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
484000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
14129000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-52395000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-34896000 usd
CY2023 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
17990000 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
40585000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
60000000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
0 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12038000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
41374000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
105000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
30077000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-81959000 usd
CY2023 snti Proceeds From Merger And Related Pipe Financing Net Of Transaction Costs
ProceedsFromMergerAndRelatedPIPEFinancingNetOfTransactionCosts
0 usd
CY2022 snti Proceeds From Merger And Related Pipe Financing Net Of Transaction Costs
ProceedsFromMergerAndRelatedPIPEFinancingNetOfTransactionCosts
111976000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
521000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
512000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
728000 usd
CY2023 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
375000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
151000 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
5175000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
108000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
779000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
118551000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21539000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1696000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60987000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59291000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39448000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60987000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35926000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57621000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
3522000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
3366000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39448000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60987000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8153000 usd
CY2023 snti Cash Acquired Through Reverse Recapitalization
CashAcquiredThroughReverseRecapitalization
300100000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-244300000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-173300000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-71100000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-58200000 usd
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
35900000 usd
CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
98600000 usd
CY2023 snti Number Of Business Activities
NumberOfBusinessActivities
1 businessactivitiy
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 reportablesegment
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<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 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 GeneFab Option, the valuation of GeneFab Economic Share, the valuation of the GeneFab Note Receivable, the discount rate used to discount future cash flows for the impairment of long-lived assets, 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>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<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%">Concentration of Credit Risk</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%">Financial instruments that potentially subject the Company to a significant concentration of credit risk consist of cash, cash equivalents, and short-term investments that are maintained in checking and money market accounts at one financial institution, which at times, may exceed federally insured limits. The Company’s short-term investments, if any, are limited to certain types of debt securities issued by the U.S. government, its agencies, and institutions with investment-grade credit ratings, and places restrictions on maturities and concentration by type and issuer. As of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2023 and 2022</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the Company has not experienced any credit losses in such accounts or investments.</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%">As of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2023, t</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">he Company has prepaid future manufacturing and research services of $14.8 million under the development and manufacturing services agreement entered into with GeneFab, a related party. The Company also has a receivable from GeneFab under the framework agreement with a fair value of $17.2 million, subject to satisfaction of certain conditions. The prepaid expense and receivable balances from GeneFab potentially subject the Company to a significant concentration of credit risk if the Company is unable to realize these balances. Refer to Note 4. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">GeneFab Transaction</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, for further details of the GeneFab transaction.</span></div>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35926000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57621000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
3522000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
3366000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39448000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60987000 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 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
RecapitalizationExchangeRatio
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
P30D
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
43368270 shares
CY2022Q2 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
19517988 shares
CY2022Q2 snti Cash Acquired Through Reverse Recapitalization
CashAcquiredThroughReverseRecapitalization
140700000 usd
CY2022Q2 snti Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
23500000 usd
CY2022Q2 snti Reverse Recapitalization Transaction Costs Incurred By Company
ReverseRecapitalizationTransactionCostsIncurredByCompany
4800000 usd
CY2022 snti Reverse Recapitalization Accrued Transaction Costs
ReverseRecapitalizationAccruedTransactionCosts
0 usd
CY2023Q4 snti Cash Cash Equivalents Restricted Cash And Debt Securities Available For Sale Amortized Cost
CashCashEquivalentsRestrictedCashAndDebtSecuritiesAvailableForSaleAmortizedCost
39448000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 usd
CY2023Q4 snti Cash Cash Equivalents Restricted Cash And Debt Securities Available For Sale Fair Value
CashCashEquivalentsRestrictedCashAndDebtSecuritiesAvailableForSaleFairValue
39448000 usd
CY2022Q4 snti Cash Cash Equivalents Restricted Cash And Debt Securities Available For Sale Amortized Cost
CashCashEquivalentsRestrictedCashAndDebtSecuritiesAvailableForSaleAmortizedCost
101928000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
5000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4000 usd
CY2022Q4 snti Cash Cash Equivalents Restricted Cash And Debt Securities Available For Sale Fair Value
CashCashEquivalentsRestrictedCashAndDebtSecuritiesAvailableForSaleFairValue
101929000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2546000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1871000 usd
CY2023Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
42000 usd
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1209000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
195000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
101000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
31520000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
54316000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6182000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2955000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25338000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
51361000 usd
CY2023 us-gaap Depreciation
Depreciation
3400000 usd
CY2022 us-gaap Depreciation
Depreciation
1400000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
0 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
7342000 usd
CY2023Q4 snti Accrued Professional Fees Other Current
AccruedProfessionalFeesOtherCurrent
3555000 usd
CY2022Q4 snti Accrued Professional Fees Other Current
AccruedProfessionalFeesOtherCurrent
3496000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2363000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1709000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
29000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
5927000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
12576000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
5277000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
5300000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
73000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
81000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
1138000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
730000 usd
CY2023 us-gaap Lease Cost
LeaseCost
6488000 usd
CY2022 us-gaap Lease Cost
LeaseCost
6111000 usd
CY2023 snti Operating Lease Proceeds Payments
OperatingLeaseProceedsPayments
-2922000 usd
CY2022 snti Operating Lease Proceeds Payments
OperatingLeaseProceedsPayments
11363000 usd
CY2023 snti Right Of Use Asset Obtained In Exchange For Operating Lease Liability Net Of Adjustments
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityNetOfAdjustments
-5000 usd
CY2022 snti Right Of Use Asset Obtained In Exchange For Operating Lease Liability Net Of Adjustments
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityNetOfAdjustments
231000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.092
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.091
CY2021Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
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
CY2023Q4 snti Number Of Votes Per Common Share
NumberOfVotesPerCommonShare
1 vote
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7254000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7478000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7712000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5769000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4855000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
19529000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
52597000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
15028000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
37569000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
4345000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
4476000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
4610000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
4748000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
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