Private company
Surface Oncology, Inc.
American biological products company based in Cambridge, no longer active. Summary from the record
Last updated Oct 19, 2026.
Overview
- IndustryBiological Products, (No Diagnostic Substances)2
- HeadquartersCambridge, United States2
- Incorporated inDE3
- Business address50 Hampshire Street, 8Th Floor, Cambridge, Ma 021393
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI549300FCSG6MNIMFH7382
- StatusInactive2
- LEI statusRetired2
- Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 55247492
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 development96¢$67.0M
- Interest4¢$3.1M
Out of $30.0M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $6.6M5 | $12.8M6 | $07 | $08 | $87.6M4 | $2.7M4 | $30.0M4 |
| Research and development | $20.5M5 | $47.8M6 | $52.5M7 | $52.1M8 | $41.0M4 | $53.6M4 | $67.0M4 |
| Operating expenses | $78.7M4 | $91.9M4 | |||||
| Operating income | -$18.0M5 | -$46.0M6 | -$9.2M7 | -$57.4M8 | $61.6M4 | -$76.0M4 | -$61.9M4 |
| Interest | $145.0K8 | $2.9M4 | $2.5M4 | $3.1M4 | |||
| Income before tax | -$78.5M4 | -$63.6M4 | |||||
| Net income | -$17.5M5 | -$45.4M6 | -$6.6M7 | -$54.8M8 | $59.3M4 | -$78.5M4 | -$63.6M4 |
| Earnings per share | -$0.337 | -$1.978 | $1.674 | -$1.774 | -$1.144 | ||
| Earnings per share (diluted) | -$0.337 | -$1.978 | $1.574 | -$1.774 | -$1.144 | ||
| Shares (weighted, basic) | 44.2M shares4 | 55.8M shares4 | |||||
| Shares (weighted, diluted) | 44.2M shares4 | 55.8M shares4 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $10.0M5 | $22.5M5 | $82.9M6 | $46.8M7 | $175.1M8 | $56.0M4 | $50.9M4 |
| Current assets | $71.3M5 | $164.6M6 | $107.9M7 | $180.5M8 | $157.3M4 | $129.1M4 | |
| Property, plant and equipment | $5.7M4 | $4.9M4 | |||||
| Total assets | $81.5M5 | $174.1M6 | $131.7M7 | $217.1M8 | $190.8M4 | $159.9M4 | |
| Accounts payable | $1.6M4 | $256.0K4 | |||||
| Current liabilities | $23.4M5 | $27.2M6 | $19.3M7 | $17.7M8 | $20.0M4 | $16.3M4 | |
| Total liabilities | $100.3M5 | $71.2M6 | $75.0M7 | $61.4M8 | $71.9M4 | $66.5M4 | |
| Retained earnings | -$140.7M4 | -$204.3M4 | |||||
| Shareholders’ equity | -$26.9M6 | -$67.3M7 | $102.9M8 | $56.7M4 | $155.7M4 | $118.9M4 | $93.4M4 |
| Shares outstanding | 2.7M shares5 | 27.8M shares6 | 27.9M shares7 | 40.7M shares8 | 47.0M shares4 | 60.6M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $41.4M5 | -$12.4M6 | -$13.2M7 | -$60.1M8 | $30.0M4 | -$62.3M4 | -$59.6M4 |
| Depreciation and amortization | $1.6M4 | $1.4M4 | |||||
| Stock-based compensation | $8.5M4 | $7.2M4 | |||||
| Capital spending | $836.0K5 | $2.0M6 | $2.0M7 | $1.5M8 | $43.0K4 | $120.0K4 | $497.0K4 |
| Free cash flow | $40.6M | -$14.4M | -$15.2M | -$61.7M | $30.0M | -$62.5M | -$60.0M |
| Cash from investing | -$99.3M4 | $22.8M4 | |||||
| Cash from financing | $42.5M4 | $31.7M4 |
Leadership
Who has led Surface Oncology, Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerJeff Goater Apr 18, 2018 to Feb 9, 202111
- Chief financial officerJessica Fees Jan 14, 2022 to Sep 8, 202312
Board members and other officers (19)
- Deputy GCChandra Adams Nov 3, 2022 to Sep 8, 202313
- CHIEF MEDICAL OFFICERAlison Oneill May 5, 2021 to Sep 8, 202314
- Chief Business OfficerHenry C. Rath May 5, 2021 to Sep 8, 202315
- Chief Business OfficerWendy Dwyer Apr 1, 2019 to Mar 3, 202016
- Chief Technology OfficerScott C. Chappel Apr 18, 2018 to Apr 18, 201817
- Chief Scientific OfficerVito J. Palombella Apr 18, 2018 to Sep 8, 202318
- OfficerJessica Fees Dec 17, 2018 to May 5, 202119
- Board memberCarsten Brunn Jun 30, 2022 to Jun 30, 202220
- Board memberDenice Torres Jul 8, 2021 to Jun 10, 202221
- Board memberBenjamin Hickey Dec 16, 2021 to Jun 10, 202222
- Board memberRamy Ibrahim Sep 20, 2019 to Jun 10, 202223
- Board memberArmen Shanafelt Apr 18, 2018 to Jun 10, 202224
- Board memberCharles Elliott Sigal Apr 18, 2018 to Sep 8, 202325
- Board memberDavid S. Grayzel Apr 18, 2018 to Sep 8, 202326
- Board memberGeoff McDonough Apr 18, 2018 to Jun 10, 202127
- Board memberJeff Goater Apr 18, 2018 to Sep 8, 202311
- Board memberLaurie Stelzer Apr 18, 2018 to Jun 10, 202228
- General counselTheresa Boni Mar 18, 2022 to Apr 1, 202229
- General counselLiisa I. Nogelo Jul 24, 2018 to Jan 14, 202230
Timeline
Filings
122 filings to the SEC since October 2021: 3 annual reports, 6 quarterly reports, 21 major events, 52 insider forms, 9 large holders, 31 other. The latest 20:
- Sep 18, 202315-12G EDGAR
- Sep 12, 2023EFFECT EDGAR
- Sep 12, 2023EFFECT EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 20234 FORM 4 SUBMISSION EDGAR
- Sep 8, 2023S-8 POS EDGAR
- Sep 8, 2023S-8 POS EDGAR
- Sep 8, 2023S-8 POS EDGAR
- Sep 8, 2023S-8 POS EDGAR
- Sep 8, 2023S-8 POS EDGAR
- Sep 8, 2023S-8 POS EDGAR
- Sep 8, 2023POS AM EDGAR
- Sep 8, 2023POS AM EDGAR
The 122 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
9 open-market trades by officers, directors and large owners since October 2021: 0 buys and 9 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 1, 2023 | ONEILL ALISONChief Medical Officer | Sale | 7,042 | $0.94 | $6.6K | Form 4 |
| Aug 1, 2023 | Adams ChandraDeputy GC | Sale | 3,901 | $0.94 | $3.7K | Form 4 |
| Aug 1, 2023 | FEES JESSICAChief Financial Officer | Sale | 9,434 | $0.94 | $8.9K | Form 4 |
| Aug 1, 2023 | ROSS ROBERT W.Chief Executive Officer | Sale | 16,713 | $0.94 | $15.7K | Form 4 |
| Aug 3, 2022 | RATH HENRY C.Chief Business Officer | Sale | 5,676 | $1.72 | $9.8K | Form 4 |
| Aug 3, 2022 | ONEILL ALISONChief Medical Officer | Sale | 4,463 | $1.72 | $7.7K | Form 4 |
| Aug 3, 2022 | ROSS ROBERT W.Chief Executive Officer | Sale | 10,594 | $1.72 | $18.2K | Form 4 |
| Aug 3, 2022 | FEES JESSICAChief Financial Officer | Sale | 5,980 | $1.72 | $10.3K | Form 4 |
| Aug 3, 2022 | Palombella Vito J.Chief Scientific Officer | Sale | 4,463 | $1.72 | $7.7K | 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.
- ADAR1 Partners, LPSC 13G, 1 filing Jul 20, 202331
- EcoR1 Capital, LLCSC 13G/A, 2 filings Mar 14, 2022 to Feb 13, 202332
- ARK Investment Management LLCSC 13G/A, 3 filings Feb 9, 2022 to Feb 10, 202333
- Atlas Venture Fund IX, L.P.SC 13G/A, 2 filings Jan 25, 2022 to Jan 31, 202334
- FMR LLCSC 13G/A, 1 filing Feb 9, 202235
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
- 10
- 11SEC EDGARJeff Goater, Chief executive officer
- 12
- 13SEC EDGARChandra Adams, Deputy GC
- 14SEC EDGARAlison Oneill, CHIEF MEDICAL OFFICER
- 15
- 16SEC EDGARWendy Dwyer, Chief Business Officer
- 17
- 18
- 19SEC EDGARJessica Fees, Officer
- 20SEC EDGARCarsten Brunn, Board member
- 21SEC EDGARDenice Torres, Board member
- 22SEC EDGARBenjamin Hickey, Board member
- 23SEC EDGARRamy Ibrahim, Board member
- 24SEC EDGARArmen Shanafelt, Board member
- 25SEC EDGARCharles Elliott Sigal, Board member
- 26SEC EDGARDavid S. Grayzel, Board member
- 27SEC EDGARGeoff McDonough, Board member
- 28SEC EDGARLaurie Stelzer, Board member
- 29SEC EDGARTheresa Boni, General counsel
- 30SEC EDGARLiisa I. Nogelo, General counsel
- 31
- 32
- 33
- 34
- 35