SGMT
Company Description
Sagimet Biosciences Inc. is a biopharmaceutical company with drug candidates in clinical trials, specializing in developing therapies that target fatty acid synthase (FASN) inhibition. These treatments are engineered to combat medical conditions stemming from impaired lipid metabolism pathways. Its primary investigational compound, Denifanstat, is a FASN inhibitor currently being evaluated for nonalcoholic steatohepatitis (NASH) and acne. Additionally, Sagimet is advancing TVB-3567, another FASN inhibitor, which targets various forms of cancer. Founded in 2006, the company's main operations are located in San Mateo, California. It was formerly recognized as 3-V Biosciences, Inc. until it rebranded to Sagimet Biosciences Inc. in August 2019.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 2.00M | 0 | 0 | 0 | 0 |
| Net Income | (51.04M) | (45.57M) | (27.88M) | (30.50M) | (24.44M) | (11.37M) | (14.26M) |
| EPS | -1.58 | -1.45 | -1.53 | -1.38 | -1.10 | -0.51 | -0.64 |
| Free Cash Flow | (45.65M) | (42.44M) | (23.77M) | (24.49M) | (21.71M) | (10.42M) | (10.55M) |
| FCF / Share | -1.41 | -1.35 | -1.31 | -1.10 | -0.98 | -0.47 | -0.48 |
| Operating CF | (45.65M) | (42.44M) | (23.77M) | (24.49M) | (21.71M) | (10.42M) | (10.55M) |
| Total Assets | 116.48M | 160.26M | 96.72M | 33.03M | 59.03M | 68.96M | 11.16M |
| Total Debt | 78,000 | 78,000 | 65,000 | 211,000 | 348,000 | 210,000 | 341,000 |
| Cash & Equiv | 35.02M | 75.84M | 75.14M | 158,000 | 56.73M | 68.70M | 10.21M |
| Book Value | 111.38M | 155.81M | 91.06M | (186.95M) | (158.26M) | (135.91M) | (125.31M) |
| Return on Equity | -0.46 | -0.29 | -0.31 | N/A | N/A | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.00M | 0 |
| Net Income | (10.65M) | (9.57M) | (12.91M) | (10.39M) | (18.18M) | (16.20M) | (14.62M) | (8.12M) | (6.63M) | (8.15M) | (6.35M) | (6.79M) |
| EPS | -0.33 | -0.30 | -0.40 | -0.32 | -0.56 | -0.50 | -0.45 | -0.25 | -0.23 | -0.45 | -0.35 | -0.31 |
| Free Cash Flow | (8.61M) | (11.83M) | (10.18M) | (9.10M) | (14.54M) | (11.02M) | (19.57M) | (5.63M) | (6.21M) | (7.08M) | (3.88M) | (5.72M) |
| FCF / Share | -0.26 | -0.37 | -0.31 | -0.28 | -0.45 | -0.34 | -0.61 | -0.18 | -0.21 | -0.39 | -0.21 | -0.26 |
| Operating CF | (8.61M) | (11.83M) | (10.18M) | (9.10M) | (14.54M) | (11.02M) | (19.57M) | (5.63M) | (6.21M) | (7.08M) | (3.88M) | (5.72M) |
| Total Assets | 107.75M | 116.48M | 128.40M | 137.41M | 146.17M | 160.26M | 174.78M | 189.02M | 194.53M | 96.72M | 102.92M | 21.50M |
| Total Debt | 39,000 | 78,000 | 115,000 | 152,000 | 39,000 | 78,000 | 116,000 | 153,000 | 26,000 | 65,000 | 103,000 | 140,000 |
| Cash & Equiv | 36.63M | 35.02M | 32.50M | 42.33M | 64.72M | 75.84M | 77.01M | 95.96M | 176.78M | 75.14M | 101.84M | 18.51M |
| Book Value | 102.46M | 111.38M | 119.25M | 130.16M | 138.99M | 155.81M | 170.68M | 183.29M | 190.02M | 91.06M | 97.88M | (198.41M) |
| Return on Equity | -0.10 | -0.09 | -0.11 | -0.08 | -0.13 | -0.10 | -0.09 | -0.04 | -0.03 | -0.09 | -0.06 | N/A |