$SYBX
SYNLOGIC, INC. Stock $sybx

$sybx Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000095017022016623 Filed on August 11, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$678.0K	$152.0K	$244.0K
YoY Change	-25.98%	-38.21%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$4.402M	$4.112M	$4.271M
YoY Change	21.74%	1.26%	10.94%
% of Gross Profit
Research & Development	$14.61M	$12.06M	$11.74M
YoY Change	9.4%	12.48%	4.99%
% of Gross Profit
Depreciation & Amortization	$650.0K	$656.0K	$601.0K
YoY Change	8.33%	8.97%	-4.6%
% of Gross Profit
Operating Expenses	$19.01M	$16.17M	$11.74M
YoY Change	12.03%	9.4%	-21.9%
Operating Profit	-$18.33M	-$16.02M	-$15.77M
YoY Change	14.19%	10.2%
Interest Expense	$1.000K	$1.000K	$66.00K
YoY Change	-97.5%	0.0%	10.0%
% of Operating Profit
Other Income/Expense, Net	$422.0K	$175.0K	$68.00K
YoY Change	-42300.0%	257.14%	13.33%
Pretax Income	-$17.91M	-$15.84M	-$15.70M
YoY Change	11.84%	9.37%	4.86%
Income Tax	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$17.91M	-$15.84M	-$15.70M
YoY Change	11.84%	9.37%	4.85%
Net Earnings / Revenue	-2641.89%	-10422.37%	-6433.2%
Basic Earnings Per Share	-$0.25	-$0.22	-$0.22
Diluted Earnings Per Share	-$0.25	-$0.22	-$218.1K
COMMON SHARES
Basic Shares Outstanding	70.23M	72.11M	71.97M
Diluted Shares Outstanding	72.11M	72.11M	71.97M

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$91.66M	$106.8M	$120.5M
YoY Change	-38.92%	-7.51%	27.73%
Cash & Equivalents	$15.62M	$30.90M	$21.95M
Short-Term Investments	$76.03M	$75.89M	$99.67M
Other Short-Term Assets	$4.302M	$4.306M	$3.900M
YoY Change	-22.46%	-30.76%	-42.65%
Inventory
Prepaid Expenses
Receivables	$1.500M
Other Receivables	$0.00
Total Short-Term Assets	$97.46M	$111.1M	$124.4M
YoY Change	-37.77%	-9.44%	22.95%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.901M	$8.464M	$23.98M
YoY Change	-17.91%	-14.75%	135.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$0.00	$0.00
YoY Change
Other Assets	$12.00K	$17.00K	$10.92M
YoY Change	-99.88%	-99.82%	272800.0%
Total Long-Term Assets	$30.78M	$32.45M	$34.89M
YoY Change	-9.3%	-5.13%	0.99%
TOTAL ASSETS
Total Short-Term Assets	$97.46M	$111.1M	$124.4M
Total Long-Term Assets	$30.78M	$32.45M	$34.89M
Total Assets	$128.2M	$143.5M	$159.3M
YoY Change	-32.7%	-8.5%	17.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.718M	$1.502M	$2.409M
YoY Change	-31.88%	-29.18%	54.13%
Accrued Expenses	$4.770M	$3.249M	$6.929M
YoY Change	19.73%	-10.12%	147.29%
Deferred Revenue	$971.0K	$149.0K
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$13.00K	$13.00K	$12.00K
YoY Change	8.33%	18.18%
Total Short-Term Liabilities	$11.60M	$8.906M	$9.664M
YoY Change	9.55%	-7.55%	38.33%
LONG-TERM LIABILITIES
Long-Term Debt	$8.000K	$11.00K	$15.00K
YoY Change	-61.9%	-54.17%
Other Long-Term Liabilities	$16.20M	$17.28M	$17.34M
YoY Change	-11.68%	-9.77%	13133.59%
Total Long-Term Liabilities	$16.21M	$17.29M	$17.35M
YoY Change	-11.74%	-9.83%	-11.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$11.60M	$8.906M	$9.664M
Total Long-Term Liabilities	$16.21M	$17.29M	$17.35M
Total Liabilities	$27.81M	$26.20M	$27.02M
YoY Change	-3.95%	-9.06%	1.2%
SHAREHOLDERS EQUITY
Retained Earnings	-$340.3M	-$322.4M	-$306.6M
YoY Change	23.39%	24.1%	24.99%
Common Stock	$441.1M	$440.2M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$100.4M	$117.4M	$132.3M
YoY Change
Total Liabilities & Shareholders Equity	$128.2M	$143.5M	$159.3M
YoY Change	-32.7%	-8.5%	17.4%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	-$17.91M	-$15.84M	-$15.70M
YoY Change	11.84%	9.37%	4.85%
Depreciation, Depletion And Amortization	$650.0K	$656.0K	$601.0K
YoY Change	8.33%	8.97%	-4.6%
Cash From Operating Activities	-$15.45M	-$13.57M	-$15.48M
YoY Change	11.81%	19.65%	10.74%
INVESTING ACTIVITIES
Capital Expenditures	-$56.00K	-$152.0K	$477.0K
YoY Change	-85.42%	47.57%	2171.43%
Acquisitions
YoY Change
Other Investing Activities	$175.0K	$23.77M	$20.24M
YoY Change	-118.02%	-227.44%	11141.67%
Cash From Investing Activities	$119.0K	$23.61M	$19.76M
YoY Change	-108.78%	-226.0%	12729.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	51.00K	6.000K	132.0K
YoY Change	-99.9%	-99.98%	-98.35%
NET CHANGE
Cash From Operating Activities	-15.45M	-13.57M	-15.48M
Cash From Investing Activities	119.0K	23.61M	19.76M
Cash From Financing Activities	51.00K	6.000K	132.0K
Net Change In Cash	-15.28M	10.05M	4.413M
YoY Change	-145.36%	294.58%	-176.05%
FREE CASH FLOW
Cash From Operating Activities	-$15.45M	-$13.57M	-$15.48M
Capital Expenditures	-$56.00K	-$152.0K	$477.0K
Free Cash Flow	-$15.39M	-$13.42M	-$15.95M
YoY Change	14.59%	19.39%	13.98%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	69698844
	dei	Entity Registrant Name EntityRegistrantName	SYNLOGIC, INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	26-1824804
	dei	Entity Address Address Line1 EntityAddressAddressLine1	301 Binney St.
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 402
	dei	Entity Address City Or Town EntityAddressCityOrTown	Cambridge
	dei	Entity Address State Or Province EntityAddressStateOrProvince	MA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	02142
	dei	City Area Code CityAreaCode	617
	dei	Local Phone Number LocalPhoneNumber	401-9975
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.001 per share
	dei	Trading Symbol TradingSymbol	SYBX
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	109000
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	dei	Entity Central Index Key EntityCentralIndexKey	0001527599
	dei	Amendment Flag AmendmentFlag	false
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2022Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-37566
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	70229592
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	30901000
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16438000
CY2022Q2	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	75890000
CY2021Q4	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	112150000
CY2022Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4306000
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4721000
CY2022Q2	us-gaap	Assets Current AssetsCurrent	111097000
CY2021Q4	us-gaap	Assets Current AssetsCurrent	133309000
CY2021Q4	us-gaap	Available For Sale Securities Debt Securities Noncurrent AvailableForSaleSecuritiesDebtSecuritiesNoncurrent	8041000
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8464000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9088000
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	15034000
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13889000
CY2022Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	1097000
CY2021Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	1097000
CY2022Q2	sybx	Prepaid Research And Development Noncurrent PrepaidResearchAndDevelopmentNoncurrent	7836000
CY2021Q4	sybx	Prepaid Research And Development Noncurrent PrepaidResearchAndDevelopmentNoncurrent	9309000
CY2022Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	17000
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3000
CY2022Q2	us-gaap	Assets Assets	143545000
CY2021Q4	us-gaap	Assets Assets	174736000
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1502000
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1944000
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3249000
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	4402000
CY2022Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	149000
CY2021Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	531000
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3993000
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3191000
CY2022Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	13000
CY2021Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	12000
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	8906000
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	10080000
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	17278000
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	17372000
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	11000
CY2021Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	18000
CY2022Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	17289000
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	17390000
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	70230235
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	70230235
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	69698844
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	70000
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	70000
CY2022Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	440124000
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	438113000
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-433000
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-45000
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-322411000
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-290872000
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	117350000
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	147266000
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	143545000
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	174736000
CY2022Q2	us-gaap	Revenues Revenues	152000
CY2021Q2	us-gaap	Revenues Revenues	246000
	us-gaap	Revenues Revenues	396000
	us-gaap	Revenues Revenues	246000
CY2022Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	12057000
CY2021Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	10719000
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	23795000
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	21899000
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4112000
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4061000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8383000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7912000
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	16169000
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	14780000
	us-gaap	Operating Expenses OperatingExpenses	32178000
	us-gaap	Operating Expenses OperatingExpenses	29811000
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-16017000
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-14534000
	us-gaap	Operating Income Loss OperatingIncomeLoss	-31782000
	us-gaap	Operating Income Loss OperatingIncomeLoss	-29565000
CY2022Q2	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	169000
CY2021Q2	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	50000
	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	236000
	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	110000
CY2022Q2	us-gaap	Interest Expense InterestExpense	1000
CY2021Q2	us-gaap	Interest Expense InterestExpense	1000
	us-gaap	Interest Expense InterestExpense	2000
	us-gaap	Interest Expense InterestExpense	1000
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	7000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	9000
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	175000
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	49000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	243000
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-15842000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-14485000
	us-gaap	Net Income Loss NetIncomeLoss	-31539000
	us-gaap	Net Income Loss NetIncomeLoss	-29456000
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.22
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.22
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.28
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.28
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.44
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.44
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.63
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.63
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72106224
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	72106224
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	52049424
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	52049424
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72038460
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	72038460
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	46876216
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	46876216
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-15842000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-14485000
	us-gaap	Net Income Loss NetIncomeLoss	-31539000
	us-gaap	Net Income Loss NetIncomeLoss	-29456000
CY2022Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-88000
CY2021Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	6000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-388000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-3000
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-15930000
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-14479000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-31927000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-29459000
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	132294000
CY2022Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	9000
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	977000
CY2022Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-88000
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-15842000
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	117350000
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	109050000
CY2021Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	32575000
CY2021Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	64000
CY2021Q2	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-8000
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	876000
CY2021Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	6000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-14485000
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	128078000
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	147266000
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	61000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	83000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1867000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-388000
	us-gaap	Net Income Loss NetIncomeLoss	-31539000
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	117350000
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	115135000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	32575000
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	64000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	33000
	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-73000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1753000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-3000
	us-gaap	Net Income Loss NetIncomeLoss	-29456000
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	128078000
	us-gaap	Profit Loss ProfitLoss	-31539000
	us-gaap	Profit Loss ProfitLoss	-29456000
	us-gaap	Depreciation Depreciation	1257000
	us-gaap	Depreciation Depreciation	1232000
	us-gaap	Share Based Compensation ShareBasedCompensation	1867000
	us-gaap	Share Based Compensation ShareBasedCompensation	1753000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	87000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-184000
	sybx	Change In Carrying Amount Of Operating Lease Right Of Use Asset ChangeInCarryingAmountOfOperatingLeaseRightOfUseAsset	1554000
	sybx	Change In Carrying Amount Of Operating Lease Right Of Use Asset ChangeInCarryingAmountOfOperatingLeaseRightOfUseAsset	979000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1000000
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-415000
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-183000
	sybx	Increase Decrease In Prepaid Research And Development Net Of Current Portion IncreaseDecreaseInPrepaidResearchAndDevelopmentNetOfCurrentPortion	1473000
	sybx	Increase Decrease In Prepaid Research And Development Net Of Current Portion IncreaseDecreaseInPrepaidResearchAndDevelopmentNetOfCurrentPortion	1426000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1599000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-260000
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-382000
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	904000
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-1991000
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-1264000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	14000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-29046000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-25321000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	41116000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	74010000
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	85116000
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	54272000
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	1270000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	629000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	123000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	43371000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-18591000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	6000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	3000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	32578000
	sybx	Proceeds From Employee Stock Purchases And Exercise Of Stock Options ProceedsFromEmployeeStockPurchasesAndExerciseOfStockOptions	144000
	sybx	Proceeds From Employee Stock Purchases And Exercise Of Stock Options ProceedsFromEmployeeStockPurchasesAndExerciseOfStockOptions	97000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	73000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	138000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	40649000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	14463000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3263000
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	17535000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	33604000
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	31998000
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	30341000
	sybx	Assets Acquired Under Operating Lease Obligation AssetsAcquiredUnderOperatingLeaseObligation	2699000
	sybx	Assets Acquired Under Operating Lease Obligation AssetsAcquiredUnderOperatingLeaseObligation	460000
	sybx	Noncash Purchase Of Property Plant And Equipment In Accounts Payable And Accrued Liabilities Adjustments NoncashPurchaseOfPropertyPlantAndEquipmentInAccountsPayableAndAccruedLiabilitiesAdjustments	4000
	sybx	Noncash Purchase Of Property Plant And Equipment In Accounts Payable And Accrued Liabilities Adjustments NoncashPurchaseOfPropertyPlantAndEquipmentInAccountsPayableAndAccruedLiabilitiesAdjustments	225000
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	36000
	sybx	Issuance Costs Included In Accounts Payable And Accrued Expenses IssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	3000
	us-gaap	Interest Paid Net InterestPaidNet	1000
	us-gaap	Interest Paid Net InterestPaidNet	1000
CY2022Q2	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	106800000
CY2022Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	1100000
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-322400000
CY2022Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	76323000
CY2022Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	433000
CY2022Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	75890000
CY2021Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	120236000
CY2021Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	8000
CY2021Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	53000
CY2021Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	120191000
CY2022Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	27
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	20
CY2022Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions	0
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions	0
CY2022Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	75900000
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	72200000
CY2022Q2	sybx	Other Than Temporary Impairment Losses Investments Number Debt Securities Available For Sale OtherThanTemporaryImpairmentLossesInvestmentsNumberDebtSecuritiesAvailableForSale	0
CY2022Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	20348000
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	19714000
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	11884000
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10626000
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8464000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9088000
CY2022Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2203000
CY2021Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	3495000
CY2022Q2	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	632000
CY2021Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	298000
CY2022Q2	sybx	Accrued Research And Development Current AccruedResearchAndDevelopmentCurrent	216000
CY2021Q4	sybx	Accrued Research And Development Current AccruedResearchAndDevelopmentCurrent	336000
CY2022Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	198000
CY2021Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	273000
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3249000
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	4402000
CY2022Q2	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	5276726
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	977000
CY2021Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	876000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1867000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1753000
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	977000
CY2021Q2	us-gaap	Share Based Compensation ShareBasedCompensation	876000
	us-gaap	Share Based Compensation ShareBasedCompensation	1867000
	us-gaap	Share Based Compensation ShareBasedCompensation	1753000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	2889149
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	1.84
CY2022Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	6600000
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y9M18D
	sybx	Estimated Project Cost For Access Personal Support And Other Services EstimatedProjectCostForAccessPersonalSupportAndOtherServices	1800000

Files In Submission

Name	View Source	Status
0000950170-22-016623-index-headers.html	Edgar Link	pending
0000950170-22-016623-index.html	Edgar Link	pending
0000950170-22-016623.txt	Edgar Link	pending
0000950170-22-016623-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
img119764562_0.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
sybx-20220630.htm	Edgar Link	pending
sybx-20220630.xsd	Edgar Link	pending
sybx-ex31_1.htm	Edgar Link	pending
sybx-ex31_2.htm	Edgar Link	pending
sybx-ex32_1.htm	Edgar Link	pending
sybx-ex32_2.htm	Edgar Link	pending
sybx-20220630_pre.xml	Edgar Link	unprocessable
sybx-20220630_def.xml	Edgar Link	unprocessable
sybx-20220630_lab.xml	Edgar Link	unprocessable
sybx-20220630_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
sybx-20220630_cal.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$SYBX
SYNLOGIC, INC. Stock $sybx

2022 Q3 Form 10-Q Financial Statement

#000095017022016623 Filed on August 11, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SYBX SYNLOGIC, INC. Stock $sybx

2022 Q3 Form 10-Q Financial Statement

#000095017022016623 Filed on August 11, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SYBX
SYNLOGIC, INC. Stock $sybx