Taysha Gene Therapies, Inc.
Business
Taysha Gene Therapies is a clinical-stage biotechnology company developing AAV-based gene therapies for severe monogenic central nervous system diseases. Its lead program, TSHA-102, is in Phase 1/2 clinical trials for Rett syndrome, with pivotal Part B enrollment ongoing in the United States and Canada. The company also has early-stage pipeline programs in tauopathies, Fragile X syndrome, and other CNS disorders. It operates through licensed intellectual property from academic institutions and holds regulatory designations including orphan drug, rare pediatric disease, Fast Track, RMAT, and Breakthrough Therapy.
Summary from 10-K filed 2026-03-19
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 | 10 | 8 | 15 | 3 | — | |
| Research and development | 86 | 66 | 57 | 91 | 132 | |
| General and administrative | 34 | 29 | 30 | 37 | 41 | |
| Impairment of long-lived assets | 0 | 5 | 1 | 36 | 0 | |
| Total operating expenses | 120 | 100 | 88 | 165 | 173 | |
| Loss from operations | −110 | −91 | −72 | −162 | −173 | |
| Change in fair value of warrant liability | −1 | 16,000 | −35 | — | — | |
| Change in fair value of term loan | −6 | −5 | −2 | — | — | |
| Interest income | 9 | 7 | 4 | — | — | |
| Interest expense | −63,000 | −102,000 | −5 | — | — | |
| Other expense | −291,000 | −110,000 | −47,000 | −18,000 | — | |
| Total other income, net | 2 | 2 | −39 | −4 | −1 | |
| Net loss | −109 | −89 | −112 | −166 | −175 | |
| Net loss per common share, basic | −0.34 | −0.36 | −0.96 | −3.78 | −4.64 | |
| Net loss per common share, diluted | −0.34 | −0.36 | −0.96 | −3.78 | −4.64 | |
| Weighted average common shares outstanding, basic | 320 | 250 | 116 | 44 | 38 | |
| Weighted average common shares outstanding, diluted | 320 | 250 | 116 | 44 | 38 |
Consolidated Balance Sheet
| 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 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 320 | 139 | 144 | 88 | 149 | |
| Restricted cash | 449,000 | 449,000 | 449,000 | — | — | |
| Prepaid expenses and other current assets | 4 | 3 | 3 | 9 | 10 | |
| Total current assets | 325 | 142 | 150 | 96 | 160 | |
| Restricted cash | 2 | 2 | 2 | 3 | — | |
| Property, plant and equipment, net | 7 | 7 | 11 | 15 | 51 | |
| Operating lease right-of-use assets | 9 | 8 | 10 | 11 | — | |
| Other non-current assets | 183,000 | 217,000 | 304,000 | 1 | 1 | |
| Total assets | 343 | 160 | 173 | 126 | 214 | |
| Accounts payable | 6 | 4 | 6 | 11 | 22 | |
| Accrued expenses and other current liabilities | 20 | 13 | 12 | 18 | 30 | |
| Deferred revenue | — | 10 | 18 | 34 | — | |
| Total current liabilities | 27 | 26 | 37 | 63 | 52 | |
| Term loan, net | 50 | 44 | 41 | 38 | 37 | |
| Operating lease liability, net of current portion | 18 | 17 | 19 | 20 | — | |
| Other non-current liabilities | 2 | 1 | 2 | 4 | 4 | |
| Total liabilities | 96 | 89 | 98 | 125 | 119 | |
| Commitments and contingencies - Note 13 | — | — | — | — | — | |
| Preferred stock, $0.00001 par value per share; 10,000,000 shares authorized and no shares issued and outstanding as of December 31, 2025 and December 31, 2024 | — | — | — | — | — | |
| Common stock, $0.00001 par value per share; 700,000,000 shares authorized and 285,051,648 issued and outstanding as of December 31, 2025 and 400,000,000 shares authorized and 204,943,306 issued and outstanding as of December 31, 2024 | 3,000 | 2,000 | 2,000 | 1,000 | — | |
| Additional paid-in capital | 958 | 678 | 588 | 402 | 331 | |
| Accumulated other comprehensive loss | −192,000 | −4 | — | — | — | |
| Accumulated deficit | −711 | −602 | −513 | −401 | −236 | |
| Total stockholders equity | 247 | 72 | 75 | 949,000 | 95 | |
| Total liabilities and stockholders' equity | 343 | 160 | 173 | 126 | 214 |
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 | −109 | −89 | −112 | −166 | −175 | |
| Depreciation expense | 1 | 1 | 1 | 1 | 500,000 | |
| Stock-based compensation | 13 | 13 | 8 | 18 | 18 | |
| Research and development license expense | 3 | — | 4 | 1 | — | |
| Change in fair value of warrant liability | 1 | −16,000 | 35 | — | — | |
| Non-cash change in fair value of term loan | 832,000 | −597,000 | 1 | — | — | |
| Debt issuance costs expensed under the fair value option | 147,000 | — | 867,000 | — | — | |
| Non-cash lease expense | 1 | 1 | 1 | 1 | — | |
| Other | 296,000 | 750,000 | 741,000 | 906,000 | 388,000 | |
| Prepaid expenses and other assets | −2 | 207,000 | 6 | 2 | −3 | |
| Accounts payable | −153,000 | −3 | −2 | −8 | 14 | |
| Accrued expenses and other liabilities | 6 | −1 | −6 | −9 | 18 | |
| Deferred revenue | −10 | −8 | −15 | 34 | — | |
| Net cash used in operating activities | −93 | −81 | −73 | −88 | −117 | |
| Purchase of property, plant and equipment | −738,000 | −374,000 | −4 | −21 | −15 | |
| Other | 134,000 | 11,000 | 17,000 | −61,000 | — | |
| Net cash used in investing activities | −604,000 | −363,000 | −7 | −25 | −22 | |
| Proceeds from issuance of common stock and pre-funded warrants from underwritten public offering, net of underwriting discounts and sales commissions and other offering costs | 216 | 77 | — | — | — | |
| Proceeds from issuance of common stock pursuant to at-the-market offering, net of sales commissions and other offering costs | 48 | — | — | — | — | |
| Prepayment of 2023 Trinity term loan | −41 | — | — | — | — | |
| Proceeds from 2025 Trinity term loan, net | 50 | — | — | — | — | |
| Proceeds from issuance of common stock upon exercise of warrants | 225,000 | — | — | — | — | |
| Debt issuance costs for term loan | — | −18,000 | −399,000 | — | — | |
| Proceeds from common stock issuances under ESPP | 159,000 | 89,000 | 68,000 | 253,000 | — | |
| Proceeds from stock option exercises | 1 | — | — | — | — | |
| Other | −337,000 | −167,000 | −229,000 | −1 | −514,000 | |
| Net cash provided by financing activities | 275 | 77 | 136 | 52 | 39 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 181 | −5 | 56 | −61 | −100 | |
| Cash paid for interest | 5 | 5 | 5 | 3 | 641,000 | |
| Proceeds allocated to Success Fee liability | 217,000 | — | — | — | — | |
| Right-of-use assets obtained in exchange for lease liabilities | 2 | — | — | — | — | |
| Purchase of research and development license not yet paid | 3 | — | — | — | 4 | |
| Non-cash impact of exercise of liability classified warrants | 2 | — | 74 | — | — | |
| Property, plant and equipment in accounts payable and accrued expenses | 41,000 | 346,000 | — | 4 | 8 | |
| Offering costs not yet paid | — | 46,000 | 18,000 | 387,000 | 141,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Taysha Gene Therapies, Inc.'s CIK number?
Taysha Gene Therapies, Inc.'s SEC CIK number is 0001806310 (1806310). 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 Taysha Gene Therapies, Inc.'s SEC filings?
All of Taysha Gene Therapies, 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 Taysha Gene Therapies, Inc. last report earnings?
Taysha Gene Therapies, Inc. (TSHA) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-207633). This is Taysha Gene Therapies, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Taysha Gene Therapies, Inc.'s most recent earnings 8-K?
Taysha Gene Therapies, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001193125-26-207633. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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