Stoke Therapeutics, Inc.
Business
Stoke Therapeutics is a late-stage clinical biopharmaceutical company developing RNA-based antisense oligonucleotide (ASO) medicines using its proprietary TANGO platform to upregulate protein expression in genetic diseases. The company's lead program, zorevunersen (STK-001), is in Phase 3 development for Dravet syndrome, a severe genetic epilepsy caused by haploinsufficiency. Stoke also advances STK-002 for autosomal dominant optic atrophy in Phase 1 and pursues additional preclinical programs in CNS and eye diseases. The company has licensed commercialization rights to Biogen outside the U.S., Canada, and Mexico.
Summary from 10-K filed 2026-03-16
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 184 | 37 | 9 | 12 | — | |
| Research and development | 138 | 89 | 82 | 78 | 54 | |
| Sales, general and administrative | 67 | 49 | — | — | — | |
| Total operating expenses | 205 | 138 | 124 | 117 | 86 | |
| Loss from operations | −21 | −101 | −115 | −104 | −86 | |
| Interest income (expense), net | 14 | 13 | 10 | 3 | 120,000 | |
| Other income (expense), net | −51,000 | −247,000 | 166,000 | 167,000 | 140,000 | |
| Total other income (expense) | 14 | 12 | 10 | 3 | 260,000 | |
| Net loss | −7 | −89 | −105 | −101 | −86 | |
| Net loss per share, basic | −0.12 | −1.65 | −2.38 | −2.6 | −2.34 | |
| Net loss per share, diluted | −0.12 | −1.65 | −2.38 | −2.6 | −2.34 | |
| Weighted-average common shares outstanding, basic | 59 | 54 | 44 | 39 | 37 | |
| Weighted-average common shares outstanding, diluted | 59 | 54 | 44 | 39 | 37 | |
| Unrealized gain (loss) on marketable securities | 694,000 | −127,000 | 1 | −1 | −168,000 | |
| Total other comprehensive gain (loss) | 694,000 | −127,000 | 1 | −1 | −168,000 | |
| Comprehensive loss | −6 | −89 | −104 | −102 | −86 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-07-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 84 | — | 128 | 191 | 114 | |
| Marketable securities - short term | 200 | — | 89 | 10 | 116 | |
| Accounts receivable | 6 | — | 2 | — | — | |
| Prepaid expenses | 9 | — | 11 | 11 | 11 | |
| Other current assets | 4 | — | 2 | 3 | 3 | |
| Restricted cash - short term | 494,000 | — | 75,000 | — | — | |
| Interest receivable | 2 | — | 700,000 | 64,000 | 588,000 | |
| Total current assets | 306 | — | 233 | 215 | 244 | |
| Restricted cash - long term | 227,000 | — | 721,000 | 569,000 | 569,000 | |
| Operating lease right-of-use assets | 3 | 2 | 4 | 7 | 5 | |
| Marketable securities - long term | 106 | — | 30 | — | — | |
| Property and equipment, net | 3 | — | 4 | 6 | 7 | |
| Total assets | 418 | — | 272 | 228 | 256 | |
| Accounts payable | 5 | — | 2 | 2 | 766,000 | |
| Accrued and other current liabilities | 41 | — | 19 | 14 | 16 | |
| Deferred revenue - current portion | 12 | — | 19 | 15 | 15 | |
| Total current liabilities | 58 | — | 40 | 31 | 31 | |
| Deferred revenue - net of current portion | 7 | — | — | 33 | 37 | |
| Other long term liabilities | 1 | — | 2 | 5 | 3 | |
| Total long term liabilities | 8 | — | 2 | 38 | 40 | |
| Total liabilities | 66 | — | 43 | 69 | 71 | |
| Commitments and contingencies (Note 7) | — | — | — | — | — | |
| Common stock, par value of $0.0001 per share; 300,000,000 shares authorized, 58,921,999 and 54,032,826 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 5,000 | — | 5,000 | 5,000 | 4,000 | |
| Additional paid-in capital | 850 | — | 720 | 561 | 483 | |
| Accumulated other comprehensive income (loss) | 543,000 | — | −151,000 | −24,000 | −1 | |
| Accumulated deficit | −498 | — | −491 | −402 | −297 | |
| Total stockholders equity | 352 | — | 229 | 160 | 185 | |
| Total liabilities and stockholders equity | 418 | — | 272 | 228 | 256 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net loss | −7 | −89 | −105 | −101 | −86 | |
| Depreciation | 2 | 2 | 3 | 2 | 1 | |
| Amortization and accretion of marketable securities | −1 | −2 | −325,000 | −211,000 | 143,000 | |
| Stock-based compensation | 32 | 27 | 25 | 23 | 16 | |
| Impairment of right of use asset | 696,000 | — | — | — | — | |
| Loss on disposal of property and equipment | 145,000 | — | 1,000 | — | 29,000 | |
| Reduction in the carrying amount of right of use assets | 2 | 2 | 2 | 2 | 1 | |
| Accounts receivable | −4 | −50,000 | — | — | — | |
| Prepaid expenses and other current assets | −545,000 | −2 | 529,000 | −5 | −3 | |
| Accounts payable, accrued liabilities, and operating leases | 21 | 3 | −3 | −4 | — | |
| Deferred revenue | −130,000 | −29 | −3 | 52 | — | |
| Net cash provided by (used in) operating activities | 46 | −87 | −81 | −32 | −67 | |
| Purchases of property and equipment | −670,000 | −203,000 | −2 | −4 | −1 | |
| Purchases of marketable securities | −323 | −167 | 0 | −201 | −87 | |
| Sales of marketable securities | 137 | 60 | 108 | 159 | 12 | |
| Net cash used in investing activities | −187 | −107 | 106 | −46 | −76 | |
| Proceeds from issuance of common stock upon exercise of stock options | 9 | 2 | 371,000 | 494,000 | 777,000 | |
| Proceeds from employee stock purchase plan | 1 | 532,000 | 555,000 | 570,000 | 509,000 | |
| Proceeds from controlled equity offering sales agreement, net of commissions | 88 | 9 | 52 | — | — | |
| Proceeds from follow-on offering, net of underwriting discounts, commissions and offering costs | — | 120 | — | — | — | |
| Net cash provided by financing activities | 97 | 131 | 53 | 46 | 1 | |
| Net decrease in cash, cash equivalents and restricted cash | −44 | −63 | 78 | −31 | −142 | |
| Right-of-use assets recognized in exchange for operating leases | 2 | — | 4 | 2 | 5 | |
| Property and equipment included in accrued expense and accounts payable | 482,000 | 61,000 | 0 | 121,000 | 1 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Stoke Therapeutics, Inc.'s CIK number?
Stoke Therapeutics, Inc.'s SEC CIK number is 0001623526 (1623526). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Stoke Therapeutics, Inc.'s SEC filings?
All of Stoke Therapeutics, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Stoke Therapeutics, Inc. last report earnings?
Stoke Therapeutics, Inc. (STOK) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-212020). This is Stoke Therapeutics, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Stoke Therapeutics, Inc.'s most recent earnings 8-K?
Stoke Therapeutics, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-212020. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Stoke Therapeutics, Inc.'s latest earnings 8-K →
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