San Diego · Bookkeeping
Staxiom runs monthly bookkeeping for San Diego startups, built for the grant-funded, pre-revenue stretch a lot of local biotech companies run through, starting at $200/month.
Every transaction categorized and every account reconciled, every month.
A real P&L, balance sheet, and cash flow statement, not a year-end scramble.
Grant funding and milestone-based revenue tracked precisely enough to hold up to a funder or investor.
A clinical-stage biotech company can run for years without revenue, funded entirely by grants and investor capital, which is a different profile than a typical SaaS startup's books. Grant income and R&D spend both need to be tracked precisely enough to substantiate them to funders and, later, to support an R&D tax credit claim, which depends on well-categorized scientific payroll going back to month one, not reconstructed a year later.
Read the full breakdown of what's included, what it costs, and how to tell if your books are actually clean on the bookkeeping services guide, or see how this looks for Los Angeles and Orange County startups.
A lot of biotech and life-sciences companies out of the Torrey Pines/La Jolla research corridor, alongside defense and telecom-adjacent tech, a different mix than LA's media-heavy startup base. Clinical-stage biotech in particular tends to run pre-revenue for years on grant and investor funding, which changes what the books actually need to track.
Yes, arguably more than a revenue-generating company. Grant funding, R&D spend, and burn all still need to be tracked and reported accurately for investors and grant administrators, and it's exactly the kind of company where the R&D tax credit substantiation depends on well-categorized engineering and scientific payroll from month one.
Add your revenue and website for a full review, reviewed by a CPA who ran EY's West Coast R&D Tax Credit practice for 13 years.