Private company
SQZ Biotechnologies Co
American biological products company, incorporated in Delaware1
In its 2023 annual report the company says: “SQZ Biotechnologies is a clinical-stage biotechnology company focused on unlocking the full potential of cell therapies to benefit patients.”45 It is headquartered in Watertown, Massachusetts.1
Last updated Oct 20, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Research and development73¢$71.0M
- Selling, general and admin27¢$26.3M
Out of $21.5M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Revenue | $20.1M4 | $21.0M5 | $27.1M3 | $21.5M3 | |
| Research and development | $36.1M4 | $51.5M5 | $70.1M3 | $71.0M3 | |
| Selling, general and admin | $18.3M4 | $20.5M5 | $25.7M3 | $26.3M3 | |
| Operating expenses | $95.9M3 | $102.2M3 | |||
| Operating income | -$34.3M4 | -$51.1M5 | -$68.8M3 | -$80.7M3 | |
| Income tax | $04 | $05 | $03 | $03 | |
| Net income | -$32.2M4 | -$50.5M5 | -$68.7M3 | -$79.5M3 | |
| Earnings per share | -$2.493 | -$2.763 | |||
| Earnings per share (diluted) | -$2.493 | -$2.763 | |||
| Shares (weighted, basic) | 27.6M shares3 | 28.8M shares3 | |||
| Shares (weighted, diluted) | 27.6M shares3 | 28.8M shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash | $61.9M4 | $39.3M4 | $170.4M5 | $143.5M3 | $63.7M3 |
| Current assets | $101.8M4 | $176.8M5 | $150.6M3 | $68.2M3 | |
| Property, plant and equipment | $3.0M3 | $2.0M3 | |||
| Total assets | $152.3M4 | $231.1M5 | $226.2M3 | $99.9M3 | |
| Accounts payable | $4.0M3 | $2.5M3 | |||
| Current liabilities | $38.3M4 | $45.2M5 | $33.2M3 | $21.8M3 | |
| Total liabilities | $93.8M4 | $103.9M5 | $102.2M3 | $42.8M3 | |
| Retained earnings | -$195.5M3 | -$275.0M3 | |||
| Shareholders’ equity | -$43.5M4 | -$73.5M5 | $127.2M3 | $124.0M3 | $57.1M3 |
| Shares outstanding | 1.7M shares4 | 24.8M shares5 | 28.1M shares3 | 29.5M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash from operations | -$33.5M4 | -$43.2M5 | -$82.1M3 | -$83.5M3 | |
| Depreciation and amortization | $1.2M3 | $1.5M3 | |||
| Stock-based compensation | $8.5M3 | $8.4M3 | |||
| Capital spending | $2.2M4 | $1.2M5 | $613.0K3 | $522.0K3 | |
| Free cash flow | -$35.7M | -$44.3M | -$82.8M | -$84.1M | |
| Cash from investing | -$613.0K3 | -$488.0K3 | |||
| Cash from financing | $55.9M3 | $4.2M3 |
Corporate structure
SQZ Biotechnologies Co sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SQZ Biotechnologies Co
- Artal International S.C.A. Filed SC 13G/A on SQZ Biotechnologies Co, latest Feb 9, 2024 (2 filings since Feb 13, 2023)
- 683 Capital Management, LLC Filed SC 13G/A on SQZ Biotechnologies Co, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
- NanoDimension II Management Ltd Filed SC 13G/A on SQZ Biotechnologies Co, latest Feb 14, 2023 (2 filings since Feb 10, 2022)
- Temasek Holdings (Private) Ltd Filed SC 13G/A on SQZ Biotechnologies Co, latest Feb 14, 2022
- Polaris Management Co. VII, L.L.C. Filed SC 13D/A on SQZ Biotechnologies Co, latest Feb 11, 2022
- SQZ Biotechnologies Co Watertown, Massachusetts
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SQZ Biotechnologies Co reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $6.8M3 Dec 31, 2022 | $6.7M3 Dec 31, 2021 | +2.7% |
| Furniture and fixtures | $319.0K3 Dec 31, 2022 | $319.0K3 Dec 31, 2021 | 0% |
| Leasehold improvements | $579.0K3 Dec 31, 2022 | $579.0K3 Dec 31, 2021 | 0% |
| Property and equipment, before depreciation | $7.7M3 Dec 31, 2022 | $7.6M3 Dec 31, 2021 | +2.4% |
| Accumulated depreciation | $5.8M3 Dec 31, 2022 | $4.5M3 Dec 31, 2021 | +28.1% |
| Property and equipment, net | $2.0M3 Dec 31, 2022 | $3.0M3 Dec 31, 2021 | −35.7% |
| Operating-lease assets (leased space) | $27.4M3 Dec 31, 2022 | $69.8M3 Dec 31, 2021 | −60.7% |
Investments
Leadership
Who has led SQZ Biotechnologies Co, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerArmon Sharei Oct 29, 2020 to Jul 5, 20229
- PresidentArmon Sharei Oct 29, 2020 to Jul 5, 20229
- Chief financial officerMicah Zajic Jul 13, 2022 to Jul 13, 202210
- Chief financial officerTeri Loxam Oct 29, 2020 to Feb 25, 202111
Board members and other officers (17)
- Chief Medical OfficerMarshelle Smith Warren Jun 3, 2022 to Jan 26, 202312
- OfficerRichard Capasso Nov 16, 2021 to Jan 26, 202313
- Chief People OfficerDavid First Oct 29, 2020 to Jan 26, 202314
- Chief Business OfficerMicah Zajic Oct 29, 2020 to Feb 15, 202215
- Chief Medical OfficerOliver Rosen Oct 29, 2020 to Feb 25, 202116
- Board memberBernard Coulie Jul 1, 2021 to Jun 15, 202317
- Board memberPatrick V.j.j. Vink Jul 1, 2021 to Jun 15, 202318
- Board memberAmy W. Schulman Oct 29, 2020 to Jun 15, 202319
- Board memberArmon Sharei Oct 29, 2020 to Jul 5, 20229
- Board memberEric Moessinger Oct 29, 2020 to Oct 30, 202020
- Board memberKlavs F. Jensen Oct 29, 2020 to Jun 15, 202321
- Board memberMarc Elia Oct 29, 2020 to Jun 15, 202322
- Board memberMarc Schegerin Oct 29, 2020 to Jun 15, 202323
- Board memberPaul Bolno Oct 29, 2020 to Jun 15, 202324
- Board memberPushkal Garg Oct 29, 2020 to Jun 15, 202325
- Board memberSapna Srivastava Oct 29, 2020 to Jun 15, 202326
- General counselLawrence J. Knopf Oct 29, 2020 to Jan 26, 202327
Timeline
- Dec 22, 20238-K Entered a material agreement28
- Oct 2, 20238-K Exit or restructuring costs; Impairment; Executive or director change29
- Sep 15, 20238-K Ended a material agreement30
- Jul 25, 20238-K Other events31
- Jul 7, 20238-K Executive or director change32
- Jul 3, 20238-K Listing notice or transfer; Other events33
- Jun 15, 20238-K Listing notice or transfer; Shareholder vote; Other events34
- Apr 10, 20238-K Executive or director change35
- Jan 18, 20238-K Listing notice or transfer; Regulation FD disclosure36
- Dec 6, 20228-K Other events37
- Nov 30, 20228-K Exit or restructuring costs; Executive or director change; Regulation FD disclosure38
- Sep 6, 20228-K Executive or director change; Regulation FD disclosure39
- Oct 29, 2020New chief executive Armon Sharei becomes CEO9
Filings
99 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 22 major events, 44 insider forms, 8 large holders, 16 other. The latest 20:
- Feb 9, 2024SC 13G/A EDGAR
- Jan 23, 2024DEFM14A EDGAR
- Jan 12, 2024PREM14A EDGAR
- Jan 4, 202415-12G EDGAR
- Dec 22, 20238-K EDGAR
- Dec 1, 2023EFFECT EDGAR
- Nov 30, 2023POS AM EDGAR
- Nov 30, 2023S-8 POS EDGAR
- Nov 8, 202310-Q EDGAR
- Oct 2, 20238-K EDGAR
- Sep 15, 20238-K EDGAR
- Aug 10, 202310-Q EDGAR
- Jul 25, 20238-K EDGAR
- Jul 7, 20238-K EDGAR
- Jul 3, 20238-K EDGAR
- Jun 15, 20234 FORM 4 SUBMISSION EDGAR
- Jun 15, 20234 FORM 4 SUBMISSION EDGAR
- Jun 15, 20234 FORM 4 SUBMISSION EDGAR
- Jun 15, 20234 FORM 4 SUBMISSION EDGAR
- Jun 15, 20234 FORM 4 SUBMISSION EDGAR
The 99 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 2 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 15, 2022 | Capasso RichardSee Remarks | Sale | 1,183 | $3.33 | $3.9K | Form 4 |
| May 25, 2022 | Jensen Klavs F.Director | Buy | 14,326 | $3.52 | $50.4K | Form 4 |
| Dec 13, 2021 | SCHULMAN AMY WDirector | Buy | 3,700 | $10.91 | $40.4K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Artal International S.C.A.SC 13G/A, 2 filings Feb 13, 2023 to Feb 9, 202440
- 683 Capital Management, LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202341
- NanoDimension II Management LtdSC 13G/A, 2 filings Feb 10, 2022 to Feb 14, 202342
- Temasek Holdings (Private) LtdSC 13G/A, 1 filing Feb 14, 202243
- Polaris Management Co. VII, L.L.C.SC 13D/A, 1 filing Feb 11, 202244
SEC filer profile
How SQZ Biotechnologies Co is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSQZ Biotechnologies Co1
- CIK0001604477
- Employer ID (EIN)46-24311151
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2836 Biological Products, (No Diagnostic Substances)1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address200 Arsenal Yards Blvd., Ste. 210, Watertown, MA 024721
- Phone617-898-88241
- Shares outstanding29,491,125 as of Oct 31, 20238
- Public float$80.3M as of Jun 30, 20223
- On EDGAR sinceApr 3, 20141
- Filings228 in all: 4 (82), 8-K (29), 3 (25), SC 13G/A (12), 10-Q (10), CORRESP (7), SC 13G (6), D (5)1
All 37 form types
UPLOAD (5), EFFECT (4), 10-K (3), DEF 14A (3), DEFA14A (3), DRSLTR (3), 4/A (2), 424B4 (2), 8-K/A (2), D/A (2), DRS (2), DRS/A (2), S-1 (2), SEC STAFF LETTER (2), 15-12G (1), 25-NSE (1), 8-A12B (1), ARS (1), CERT (1), DEFM14A (1), POS AM (1), PRE 14A (1), PREM14A (1), S-1/A (1), S-3 (1), S-8 (1), S-8 POS (1), SC 13D (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Mar 22, 2023
Quarterly report (10-Q) Nov 8, 2023
Proxy statement (DEF 14A) Apr 26, 2023
Latest 8-K (8-K) Dec 22, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10SEC EDGARMicah Zajic, Chief financial officer
- 11SEC EDGARTeri Loxam, Chief financial officer
- 12
- 13SEC EDGARRichard Capasso, Officer
- 14SEC EDGARDavid First, Chief People Officer
- 15SEC EDGARMicah Zajic, Chief Business Officer
- 16SEC EDGAROliver Rosen, Chief Medical Officer
- 17SEC EDGARBernard Coulie, Board member
- 18SEC EDGARPatrick V.j.j. Vink, Board member
- 19SEC EDGARAmy W. Schulman, Board member
- 20SEC EDGAREric Moessinger, Board member
- 21SEC EDGARKlavs F. Jensen, Board member
- 22SEC EDGARMarc Elia, Board member
- 23SEC EDGARMarc Schegerin, Board member
- 24SEC EDGARPaul Bolno, Board member
- 25SEC EDGARPushkal Garg, Board member
- 26SEC EDGARSapna Srivastava, Board member
- 27SEC EDGARLawrence J. Knopf, General counsel
- 28SEC EDGAREntered a material agreement
- 29
- 30SEC EDGAREnded a material agreement
- 31SEC EDGAROther events
- 32SEC EDGARExecutive or director change
- 33
- 34
- 35SEC EDGARExecutive or director change
- 36
- 37SEC EDGAROther events
- 38
- 39
- 40
- 41
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- 43
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- 45