Filing Flows › Surrozen (SRZN) › Q4 2024
Surrozen (SRZN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Surrozen (SRZN) reported revenue of $655K for the fourth quarter 2024 (Q4 2024) and -93% from the quarter before.
Surrozen, Q4 2024: revenue $655K, net loss $28.0M, operating cash flow $3.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $655K | -93% | — |
| Operating profit | −$8.6M | — | — |
| Net earnings | −$28.0M | — | — |
| Operating cash flow | $3.5M | — | — |
| Free cash flow | $3.5M | — | — |
What changed
Revenue was $655K in Q4 2024, down 93% from the previous quarter.
Operating costs exceeded revenue by $8.6M, an operating margin of -1311.8%. The quarter ended with a net loss of $28.0M, wider than the previous quarter's $1.4M loss. Net interest and other expense of $19.4M was the main reason.
Operating cash flow was $3.5M. Non-cash charges added back $322K of depreciation and amortization and $900K of share-based compensation. Working capital and other items added $30.3M. Capital expenditures of $19K left free cash flow of $3.5M.
Questions
What was Surrozen's revenue in the fourth quarter 2024?
Surrozen (SRZN) reported revenue of $655K for the fourth quarter 2024 (Q4 2024) and -93% from the quarter before.
Source: Surrozen 10-K on SEC EDGAR.