Surface Oncology, Inc.
Healthcare · Biological Products, (No Diagnostic Substances) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $30.0M | $2.7M | $87.6M | $0 | $0 | $12.8M |
| Operating income | −$61.9M | −$76.0M | $61.6M | −$57.4M | −$9.2M | −$46.0M |
| Net income | −$63.6M | −$78.5M | $59.3M | −$54.8M | −$6.6M | −$45.4M |
| Total assets | $159.9M | $190.8M | $217.1M | $131.7M | $174.1M | $81.5M |
| Total liabilities | $66.5M | $71.9M | $61.4M | $75.0M | $71.2M | $100.3M |
| Equity | $93.4M | $118.9M | $155.7M | $56.7M | $102.9M | −$67.3M |
| EPS (diluted) | $-1.14 | $-1.77 | $1.57 | $-1.97 | $-0.33 | — |
| Shares out. | 47.0M | 41.7M | 28.1M | 27.8M | 27.8M | 2.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −206.2%
- Net margin
- −212.0%
- Return on equity
- −68.1%
- Return on assets
- −39.8%
- Return on capital (ROCE)
- −43.1%
- Liabilities / assets
- 41.6%
- Debt / equity
- 0.71×
- Book value / share
- $1.99
- Revenue growth (YoY)
- 1016.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -0.66distress
- Accruals / assets
- −2.5%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder vote · Other material eventSep 8, 2023
- Other material eventAug 30, 2023
- Results of operationsAug 2, 2023
- Delisting / listing-standard noticeJul 10, 2023
- Other material eventJul 3, 2023
- Entered a material agreement · Terminated a material agreement · Costs from exit or disposal · Director / officer change · Regulation FD disclosureJun 16, 2023
- Results of operationsMay 4, 2023
- Results of operationsMar 9, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GSep 18, 2023
- EFFECTSep 12, 2023
- EFFECTSep 12, 2023
- S-8 POSSep 8, 2023
- S-8 POSSep 8, 2023
- S-8 POSSep 8, 2023
- S-8 POSSep 8, 2023
- S-8 POSSep 8, 2023
- S-8 POSSep 8, 2023
- POS AMSep 8, 2023
- POS AMSep 8, 2023
- 4FORM 4 SUBMISSIONSep 8, 2023
- 4FORM 4 SUBMISSIONSep 8, 2023
- 4FORM 4 SUBMISSIONSep 8, 2023
- 4FORM 4 SUBMISSIONSep 8, 2023
Event-driven situations (1)
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