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MAZE MAZE Net proceeds from sales of subsidiary shares

Net proceeds from sales of subsidiary shares at other companies

Septerna, Inc. logo
Septerna, Inc.SEPN
$0-100%

Other financials

Income statement

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Revenue$20.0M
Operating income-$26.6M+25.0%
Net income-$24.2M+26.2%
EPS (diluted)-$0.45+60.9%

Balance sheet

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Cash & equivalents$198.8M-32.5%
Total debt$61.2M+137%
Total equity$341.7M+17.0%
Total assets$419.7M+26.1%

Cash flow

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Operating cash flow-$39.1M-32.5%
CapEx$93.0K-68.9%
Free cash flow-$39.2M-31.5%

Valuation

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Market cap$1.48B+201%
Enterprise value$1.34B
P/S7.9×

Profitability

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Operating margin-71.5%
Net margin-65.4%
FCF margin-65.1%

Returns & leverage

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Return on equity-38.7%
Debt / equity0.2×+0.1×
Current ratio17.9×+1.8×

Where this comes from

Reported directly by MAZE in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceInitialPublicOffering.

The official record: MAZE’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MAZE's net proceeds from sales of subsidiary shares?
MAZE (MAZE) reported net proceeds from sales of subsidiary shares of $127.75M in Q1 2025.
What does net proceeds from sales of subsidiary shares mean?
Represents the total cash inflow generated from the company's initial sale of equity to the public market. This capital is typically used to fund long-term research and development pipelines and general corporate operations.