---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020519"
form_type: "8-K"
ticker: "SRZN"
cik: "0001824893"
company_name: "Surrozen, Inc./DE"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:58:21.364114+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Surrozen Q1 net loss widens to $14.3M; cash at $61.7M; SZN-043 and SZN-1326 trials enroll

## Summary
- Net loss of $14.3M vs $7.9M in Q1 2022, driven by $1.2M restructuring charges and higher G&A.
- Cash, equivalents and marketable securities $61.7M, down from $75.8M at Dec 31, 2022.
- R&D expenses $8.1M, down from $9.4M YoY due to January 2023 restructuring reducing workforce ~25%.
- SZN-043 Phase 1a enrollment ongoing in chronic liver disease; safety data expected end of 2023.
- SZN-1326 Phase 1a re-initiated in Q2 2023; safety data also expected by end of 2023.

## SEC filing metadata
- accession: 0000950170-23-020519
- form_type: 8-K
- ticker: SRZN
- cik: 0001824893
- company_name: Surrozen, Inc./DE
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824893/000095017023020519/0000950170-23-020519-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824893/000095017023020519/srzn-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020519
- JSON: https://secwatch.observer/filing/0000950170-23-020519.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020519.txt

## Key facts
- Earnings Releases
  Surrozen, Inc./DE reported first quarter ended March 31, 2023 results: net income $14.3 million.
  - Period: first quarter ended March 31, 2023
  - Net income: $14.3 million
  - Result: reported results
  source text: Surrozen, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824893/000095017023020519/0000950170-23-020519-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.