Cartesian Therapeutics, Inc.

RNAC

RNACCartesian Therapeutics, Inc. US flag

NASDAQ Global Market

6.41

USD

-0.51

- -

188.34MMarket Cap

Income Statement (USD)

API Chat

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	3	6	8	- -	1	7	17	85	111	26	39	3
+ Sales & Services Revenue	3	6	8	- -	1	7	17	85	111	26	39	3
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	-3	-6	-8	- -	-1	-7	-17	-85	-111	-26	-39	-3
- Operating Expenses	18	31	43	64	66	59	73	90	96	112	75	90
+ Selling, General & Admin	8	8	13	19	18	16	19	21	24	40	30	31
+ Research & Development	10	23	30	45	48	43	55	69	72	71	45	58
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-15	-25	-35	-64	-65	-52	-57	-5	15	-86	-36	-87
- Non-Operating (Income) Loss	-3	- -	2	2	- -	3	12	5	-20	153	41	53
+ Interest Expense, Net	- -	1	1	1	- -	1	2	3	3	-2	-7	-7
+ Interest Expense	1	1	1	1	1	2	2	3	3	3	- -	- -
- Interest Income	- -	- -	- -	1	1	1	- -	- -	- -	5	7	7
+ Other Non-Op (Income) Loss	-3	-1	1	1	- -	2	10	2	-23	155	48	59
Pretax Income	-13	-25	-36	-65	-65	-55	-69	-10	35	-239	-77	-139
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	- -	- -	16	-1	-19	- -	-9
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-13	-25	-36	-65	-65	-55	-69	-26	35	-220	-77	-130
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-13	-25	-36	-65	-65	-55	-69	-26	35	-220	-77	-130
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-13	-25	-36	-65	-65	-55	-69	-26	35	-220	-77	-130
- Preferred Dividends	3	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-16	-25	-41	-65	-65	-55	-69	-26	35	-220	-77	-130
EBIT	-15	-25	-35	-64	-65	-52	-57	-5	15	-86	-36	-87
EBITDA	-15	-24	-34	-63	-64	-52	-56	-3	16	-85	-35	-84
EBITDA Margin (%)	-478.12	-403.59	-419	-30,451.21	-7,092.69	-774.73	-337.93	-3.93	14.29	-326.35	-90.37	-2,994.14
EBITA	-15	-25	-35	-64	-65	-52	-57	-5	15	-86	-36	-87
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	-506.55	-420.96	-428.92	-30,813.53	-7,200.66	-785.61	-342.36	-5.4	13.12	-329.59	-93.33	-3,099.93
Profit Margin (%)	-423.68	-418.8	-447.98	-31,556.04	-7,235.44	-828.97	-414.99	-30.19	31.94	-844.91	-198.97	-4,658.63
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	1	1	1	1	1	1	1	1	1	1	3
Basic Weighted Avg Shares	- -	- -	- -	1	1	2	3	4	5	5	17	26
Basic EPS, GAAP	-38.17	-58.88	-116.57	-95.94	-87.55	-36.46	-20.42	-6.74	7.33	-42.49	-4.48	-5.02
Basic EPS from Cont Ops	-30.03	-58.69	-103.52	-95.94	-87.55	-36.46	-20.42	-6.74	7.33	-42.49	-4.48	-5.02
Diluted Weighted Avg Shares	- -	- -	- -	1	1	2	3	4	5	5	17	26
Diluted EPS, GAAP	-38.17	-58.88	-116.57	-95.94	-87.55	-36.46	-20.42	-6.74	7.28	-42.49	-4.46	-5.02
Diluted EPS from Cont Ops	-30.03	-58.69	-103.52	-95.94	-87.55	-36.46	-20.42	-6.74	7.28	-42.49	-4.46	-5.02

Balance Sheet (USD)

API Chat

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	19	39	87	99	42	97	151	144	148	91	217	129
+ Cash, Cash Equivalents & STI	17	36	84	97	37	90	139	128	135	77	213	125
+ Cash & Cash Equivalents	17	32	59	71	37	90	139	114	106	77	213	125
+ ST Investments	- -	4	25	26	- -	- -	- -	14	28	- -	- -	- -
+ Accounts & Notes Receiv	1	1	- -	- -	- -	5	7	10	10	9	1	1
+ Accounts Receivable, Net	1	1	- -	- -	- -	5	7	10	7	6	1	1
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	3	3	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	2	2	2	2	5	2	5	6	4	5	3	3
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	3	4	2	2	2	3	14	15	18	214	218	167
+ Property, Plant & Equip, Net	2	2	2	2	2	2	12	12	14	12	15	18
+ Property, Plant & Equip	5	5	6	6	7	6	17	17	20	18	18	23
- Accumulated Depreciation	3	3	4	4	5	5	4	5	5	6	2	5
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	2	2	2	2	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	2	2	2	2	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1	2	- -	- -	- -	1	2	1	1	200	201	149
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	199	199	142
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	48	48	48
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	151	151	94
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	2	- -	- -	- -	1	2	1	1	1	2	7
Total Assets	22	43	89	101	44	100	165	160	166	305	435	296
+ Payables & Accruals	2	5	8	10	13	14	9	11	14	18	12	11
+ Accounts Payable	- -	2	4	2	1	- -	- -	- -	- -	3	- -	1
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2	3	4	9	12	13	8	11	14	15	12	9
+ ST Debt	3	- -	4	- -	21	19	1	7	10	2	3	4
+ ST Borrowings	3	- -	4	- -	21	19	- -	6	8	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	1	1	2	2	3	4
+ Other ST Liabilities	5	2	2	1	1	2	72	54	1	48	8	- -
+ Deferred Revenue	3	1	2	1	1	2	72	54	1	2	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	2	1	- -	- -	- -	- -	- -	- -	- -	46	8	- -
Total Current Liabilities	9	7	14	11	35	35	82	72	25	68	23	15
+ LT Debt	5	12	8	21	- -	- -	34	28	28	9	11	9
+ LT Borrowings	5	12	8	21	- -	- -	25	20	18	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	10	9	10	9	11	9
+ Other LT Liabilities	96	140	13	17	15	56	67	37	19	668	408	399
+ Accrued Liabilities	2	2	13	16	14	15	39	11	- -	19	16	7
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	94	138	- -	1	1	42	29	25	19	649	392	392
Total Noncurrent Liabilities	101	152	21	38	15	56	102	65	47	677	419	408
Total Liabilities	110	159	34	49	50	91	183	137	72	745	442	423
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	211	273	280	349	391	457	493	179	690	701
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	211	273	280	349	391	457	493	179	690	701
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-84	-112	-152	-217	-280	-336	-405	-430	-395	-615	-692	-822
+ Other Equity	-4	-5	-5	-4	-5	-5	-5	-5	-5	-5	-5	-5
Equity Before Minority Interest	-88	-116	55	52	-5	8	-18	23	94	-440	-7	-126
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	-88	-116	55	52	-5	8	-18	23	94	-440	-7	-126
Total Liabilities & Equity	22	43	89	101	44	100	165	160	166	305	435	296
Shares Outstanding	1	1	1	1	1	3	4	4	5	5	26	26
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	11	10	12	11	14	13
Net Debt	-9	-20	-47	-50	-16	-71	-114	-88	-80	-77	-213	-125
Net Debt to Equity	10.47	17.58	-84.82	-95.84	295.64	-845.4	632.52	-392.62	-85.45	17.47	3,125.7	99.13
Tangible Common Equity Ratio	-394.79	-272.03	61.54	51.25	-12.18	8.43	-10.88	14.09	56.56	-601.15	-87.01	-173.83
Current Ratio	2.07	5.34	6.33	8.99	1.2	2.77	1.86	2	5.91	1.33	9.43	8.65
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-13	-25	-36	-65	-65	-55	-69	-26	35	-220	-77	-130
+ Depreciation & Amortization	1	1	1	1	1	1	1	1	1	1	1	3
+ Non-Cash Items	1	1	3	5	6	8	18	12	-8	163	58	61
+ Stock-Based Compensation	1	1	2	4	6	5	5	8	11	23	7	11
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	-19	- -	-9
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	8	59
+ Other Non-Cash Adj	- -	- -	- -	1	- -	3	13	5	-19	159	44	1
+ Chg in Non-Cash Work Cap	-2	- -	13	7	-1	-4	85	-48	-60	5	-6	-8
+ (Inc) Dec in Accts Receiv	-1	- -	1	- -	- -	-5	-2	-3	- -	1	8	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	-1	-1	1	-3	3	-4	-1	2	-1	2	-5
+ Inc (Dec) in Accts Payable	- -	2	3	3	2	-3	-3	1	2	- -	-10	-3
+ Inc (Dec) in Other	-1	- -	10	2	- -	- -	94	-45	-65	5	-6	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-13	-22	-20	-52	-59	-51	35	-60	-32	-51	-24	-74
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	-1	-1	-1	- -	-1	-1	-1	- -	-9	-5
+ Acq of Fixed Prod Assets	- -	-1	-1	-1	-1	- -	-1	-1	-1	- -	-9	-5
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	72	57	- -	38	12	52	39	-6	124	- -
+ Increase in Capital Stock	- -	- -	72	57	- -	38	12	52	39	- -	124	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6	- -	- -
+ Net Change in LT Investment	- -	-4	-22	-1	26	- -	- -	-16	-14	28	- -	- -
+ Dec in LT Investment	- -	- -	7	60	42	18	- -	16	20	28	- -	- -
+ Inc in LT Investment	- -	-4	-28	-62	-16	-18	- -	-32	-34	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-5	-22	-2	25	- -	-1	-17	-15	35	-9	-5
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	4	11	- -	8	- -	-3	5	- -	- -	-27	- -	- -
+ Cash From Debt	4	14	- -	21	- -	- -	25	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	-2	- -	-13	- -	-3	-19	- -	- -	-27	- -	- -
+ Other Financing Activities	20	32	-4	1	1	70	-3	1	- -	20	44	-8
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	25	44	68	66	1	105	14	53	39	-13	168	-8
Effect of Foreign Exchange Rates	-3	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	12	17	26	12	-33	54	49	-25	-7	-30	136	-87
EBITDA	-15	-24	-34	-63	-64	-52	-56	-3	16	-85	-35	-84
EBITDA Margin (%)	-478.12	-403.59	-419	-30,451.21	-7,092.69	-774.73	-337.93	-3.93	14.29	-326.35	-90.37	-2,994.14
Free Cash Flow	-13	-24	-20	-53	-60	-51	34	-61	-33	-51	-33	-79
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	-7	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-12	-25	-45	-60	-54	40	-61	-33	-79	-32	-79
Free Cash Flow per Basic Share	-30.1	-55.08	-58.16	-77.49	-80.46	-33.91	10.1	-16.13	-6.8	-9.93	-1.9	-3.06
Price/Free Cash Flow	- -	- -	-9.39	-3.91	-1.02	-2.11	8.59	-6.29	-5.42	-2.1	-21.32	-2.73
Cash Flow to Net Income	0.98	0.89	0.55	0.8	0.91	0.93	-0.51	2.35	-0.89	0.23	0.31	0.57
Capital Expenditures	- -	-1	-1	-1	-1	- -	-1	-1	-1	- -	-9	-5