Decibel Therapeutics (DBTX)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	40.74 mm	40.74 mm	40.74 mm	40.74 mm	40.74 mm	40.74 mm
Cash burn (monthly)	(no burn)	1.40 mm	6.35 mm	5.50 mm	3.42 mm	4.07 mm
Cash used (since last report)	n/a	24.91 mm	113.09 mm	98.00 mm	60.99 mm	72.47 mm
Cash remaining	n/a	15.83 mm	-72.36 mm	-57.26 mm	-20.25 mm	-31.73 mm
Runway (months of cash)	n/a	11.3	-11.4	-10.4	-5.9	-7.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

DBTX institutional ownership history Ownership history

88.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	37	40	-7.5%
Opened positions	3	3	–
Closed positions	6	6	–
Increased positions	5	11	-54.5%
Reduced positions	8	10	-20.0%

13F shares	Current	Prev Q	Change
Total value	55.80 bn	44.30 bn	+26.0%
Total shares	22.23 mm	22.08 mm	+0.7%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Orbimed Advisors	4.95 mm	$19.04 bn	0.0%
Third Rock Ventures III	3.14 mm	$0.00	0.0%
TRV GP Iii	3.14 mm	$12.09 bn	0.0%
REGN Regeneron Pharmaceuticals	2.10 mm	$9.75 mm	0.0%
BLK BlackRock	1.81 mm	$6.97 bn	+0.3%
GOOG Alphabet	1.64 mm	$6.30 bn	0.0%
GV 2016	1.64 mm	$0.00	0.0%
Samsara BioCapital	801.63 k	$3.09 bn	0.0%
Vanguard	642.33 k	$2.47 bn	0.0%
Bessemer	494.07 k	$1.90 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Millennium Management	159.22 k	+159.22 k	NEW
Newtyn Management	200.00 k	-53.82 k	-21.2%
Neuberger Berman	58.80 k	+43.14 k	+275.5%
Acuitas Investments	41.96 k	+41.96 k	NEW
Atlas Capital Advisors	0.00	-25.00 k	EXIT
Marquette Asset Management	0.00	-19.78 k	EXIT
Bailard	10.60 k	+10.60 k	NEW
Ubs Oconnor	199.20 k	+9.81 k	+5.2%
MS Morgan Stanley	6.60 k	-9.53 k	-59.1%
JPM JPMorgan Chase & Co.	116.98 k	-8.68 k	-6.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

DBTX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value
25 Sep 23	Laurence Reid	Common Stock	Sale back to company	Dispose D	No	No	0	220,849	0.00
25 Sep 23	Laurence Reid	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.4	1,072,539	4.72 mm
25 Sep 23	Laurence Reid	Stock Option Common Stock	Sale back to company	Dispose D	No	No	3.73	72,000	268.56 k
25 Sep 23	Laurence Reid	Stock Option Common Stock	Sale back to company	Dispose D	No	No	3.5	187,500	656.25 k
25 Sep 23	Alison Cecily Finger	Common Stock	Sale back to company	Dispose D	No	No	0	5,000	0.00
25 Sep 23	Alison Cecily Finger	Stock Option Common Stock	Sale back to company	Dispose D	No	No	6.2	20,000	124.00 k
25 Sep 23	Alison Cecily Finger	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.78	5,000	23.90 k
25 Sep 23	Alison Cecily Finger	Stock Option Common Stock	Sale back to company	Dispose D	No	No	2.3	10,000	23.00 k
25 Sep 23	Mclaughlin Kevin F	Common Stock	Sale back to company	Dispose D	No	No	0	5,000	0.00
25 Sep 23	Mclaughlin Kevin F	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.78	5,000	23.90 k

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.