Company: SMNR
Filing Date: 2025-10-21
Form Type: S-1
Source: 0001193125-25-245178
Chunk: 445

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-10-21
Form: S-1
Chunk 445
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 |     | $                                      | 6 |     | $                                         | — |     | $                                      | — |
| Total assets measured at fair value |     | $                 | 6 |     | $                                      | 6 |     | $                                         | — |     | $                                      | — |

|                                     |     | December 31, 2023 |   |     |                                        |   |     |                                           |   |     |                                        |   |
|:------------------------------------|:----|:------------------|--:|:----|:---------------------------------------|--:|:----|:------------------------------------------|:--|:----|:---------------------------------------|:--|
|                                     |     | Balance           |   |     | Quoted Pricesin ActiveMarkets(Level 1) |   |     | SignificantOtherObservableInputs(Level 2) |   |     | SignificantUnobservableInputs(Level 3) |   |
| Assets                              |     |                   |   |     |                                        |   |     |                                           |   |     |                                        |   |
| Money market funds                  |     | $                 | 5 |     | $                                      | 5 |     | $                                         | — |     | $                                      | — |
| Total assets measured at fair value |     | $                 | 5 |     | $                                      | 5 |     | $                                         | — |     | $                                      | — |

The Company’s financial assets carried at fair value are comprised of cash and cash equivalents. Cash and cash equivalents consist of money market accounts and bank deposits which are highly liquid and readily tradable. These assets are valued using inputs observable in active markets for identical securities.

**Note 5. Balance Sheet Components**

**Property and equipment, net**

Property and equipment, net consists of the following (in thousands):

|                                |     | December 31, | 2024 |   |     |   | 2023 |   |
|:-------------------------------|:----|:-------------|-----:|:--|:----|:--|-----:|:--|
| Construction-in-progress       |     | $            |  689 |   |     | $ |  689 |   |
| Furniture                      |     |              |   17 |   |     |   |   17 |   |
| Computers and equipment        |     |              |    8 |   |     |   |    8 |   |
| Property and equipment, gross  |