Pulling SEC filings + quote and writing the call…

Aura Biosciences, Inc.
Last earnings -2.5% on 2026-05-11
Pre-revenue clinical-stage biotech burning $85M/yr with one shot on goal — binary bel-sar outcome makes this a speculation, not an investment.
Net income -$106M · FY2025
Aura is a textbook clinical-stage biotech: zero product revenue across its entire history (FY2021–FY2025 all show '—' for revenue), an accumulated deficit of $480M, and a FY2025 net loss of $106M that widened 22% YoY. The company itself flags going-concern risk in Item 1A, stating it 'will continue to incur losses for the foreseeable future' and that R&D expense will 'increase significantly' as the global Phase 3 CoMpass trial for bel-sar progresses. R&D already jumped 23% to $90.3M in FY2025 — that is the entire P&L story. There is no business to value on fundamentals; the equity is a call option on a single molecule.
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | -$35.3M | -$60.3M | -$85.0M | -$96.1M | -$113M |
| Net income | -$35.3M | -$58.8M | -$76.4M | -$86.9M | -$106M |
| Diluted EPS | -$8.95 | -$1.96 | -$1.93 | -$1.75 | -$1.76 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Annual meeting results disclosed (Item 5.07); routine director votes, no surprises.
Q1'26 10-Q: still pre-revenue, R&D rising, cash burn pressures runway.
Q1'26 10-Q: still pre-revenue, R&D rising, cash burn pressures runway.
Entered new material agreement (Item 1.01); terms could affect runway/partnerships.
Officer/director change with Reg FD disclosure; leadership transition for shareholders.
Officer/director change with Reg FD disclosure; leadership transition for shareholders.
2026 proxy: board slate and exec comp for shareholder vote; routine.
FY25 10-K: -$106M loss, $480M deficit, going-concern risk flagged; cash $59.5M.
FY25 10-K: -$106M loss, $480M deficit, going-concern risk flagged; cash $59.5M.
Sources: SEC EDGAR (CIK 0001501796, latest 10-Q filed 2026-05-11) · EODHD · analysis by claude-code · as of 6/25/2026, 3:09:06 PM.
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Last 90 days: 0 open-market buys · 3 sales
| 2026-06-16 | Gibney Anthony S See Remarks | Sell | 12.8K @ $6.42 | $82.3K |
| 2026-06-11 | Bitetti Teresa Marie Director | Award | 15.0K | |
| 2026-06-11 | Srivastava Sapna Director | Award | 15.0K | |
| 2026-06-11 | Johnson David Michael Director | Award | 15.0K | |
| 2026-06-11 | Mattessich Antony C. Director | Award | 15.0K | |
| 2026-05-19 | Holles Natalie C. See Remarks | Award | 600K | |
| 2026-05-19 | Holles Natalie C. See Remarks | Award | 554K | |
| 2026-05-07 | Matrix Capital Management Company, LP 10% owner | Sell | 6.92M @ $5.64 | $39.0M |
| 2026-04-16 | Kilroy Conor See Remarks | Sell | 11.7K @ $7.02 | $82.4K |
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
1044 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.