Turnstone Biologics Corp.

Turnstone Biologics Corp.

TSBX
Turnstone Biologics Corp.US flagNASDAQ Global Market
0.36
USD
- -
- -
8.21MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
4.57
3.3
1.67
- -
- -
Basic EPS, GAAP
1.5
-1.39
-4.77
-3.07
-2.04
Free Cash Flow per Basic Share
-2.21
-3.44
-5.83
-2.94
-1.97
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
-4.09
-5.48
-15.28
-10.75
-11.47
Tangible Book Value per Share
-3.69
-4.57
8.53
1.37
0.64
Basic Weighted Avg Shares
22
22
12
23
23
Sales/Revenue/Turnover
101
73
19
- -
- -
Operating Margin (%)
32.57
-43.15
-305.77
- -
- -
Depreciation Expense
1
4
3
2
1
Net Income, GAAP
33
-31
-55
-71
-47
Effective Tax Rate (%)
1.28
- -
- -
- -
- -
Profit Margin (%)
32.84
-42.07
-285.92
- -
- -
Working Capital
122
63
91
26
15
LT Debt
2
3
1
- -
- -
Total Equity
-82
-101
99
31
15
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
11
9
8

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
34
27
21
Cash, Cash Equivalents & STI
29
22
17
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
8
7
6
Payables & Accruals
6
5
4
ST Debt
1
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-68.11%
Free Cash Flow
- -
- -
0.39%
Net Income, GAAP
- -
- -
28.33%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
19
- -
- -
- -
19
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
-0.97
-1
-0.72
-4.77
2024
-0.85
-0.92
-0.74
-0.56
-3.07
2025
-0.51
-0.24
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Sammy J. Farah
Full Time Employees
14
Sector
Healthcare
Industry
Biotechnology
Address
9310 Athena Circle LA Jolla CA United States of America 92037
IPO Date
Jul 21, 2023
Business
Turnstone Biologics Corp. (TSBX) is a clinical-stage biotechnology company focused on developing next-generation tumor-infiltrating lymphocyte (TIL) therapies, known as Selected TIL, to treat patients with solid tumors including colorectal cancer, head and neck squamous cell carcinoma, uveal melanoma, breast cancer, and cutaneous melanoma; the company employs a proprietary process to isolate, select, and expand the most potent tumor-reactive T cells from patient tumors for enhanced immunotherapy efficacy beyond first-generation bulk TIL approaches. Programs such as TIDAL-01 and TIDAL-02 advance through multiple Phase 1 clinical trials evaluating this selected TIL technology in high-unmet-need indications, complemented by strategic research into viral immunotherapies and immune modulation. Founded in 2015 and headquartered in San Diego, California, Turnstone operates primarily in the United States with clinical collaborations including Moffitt Cancer Center for TIL therapy development and FDA-cleared IND studies. In October 2024, the company announced a strategic restructuring to prioritize its TIDAL-01 clinical program, reduce staff, and extend its cash runway by three quarters amid preclinical pipeline deprioritization. On June 27, 2025, XOMA Royalty Corporation agreed to acquire Turnstone for $0.34 per share in cash plus a non-transferable contingent value right, with the tender offer commencing by July 11, 2025, board approval, and 25.2% stockholder support; XOMA Royalty completed the acquisition in 2025, integrating Turnstone's assets into its royalty portfolio.

Company News

APIChat
  • $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Turnstone Biologics Corp. (NASDAQ: TSBX)

  • TSBX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Turnstone Biologics Corp. Is Fair to Shareholders

  • Turnstone Biologics Corp. Reports First Quarter 2025 Financial Results and Provides Recent Corporate Highlights

  • Turnstone Biologics Corp. Reports Fourth Quarter and Full Year 2024 Financial Results

  • Turnstone Biologics Corp. (TSBX) Upgraded to Buy: What Does It Mean for the Stock?

  • Turnstone Biologics Presents Preclinical Data Highlighting Potential for Selected Tumor-Infiltrating Lymphocyte (TIL) Therapy in Solid Tumors at the 2024 Society for Immunotherapy of Cancer (SITC) Annual Meeting

  • Turnstone Biologics Shifts Focus To 'High Unmet Medical Need' Cancers, Shares Initial Data From Colorectal Cancer Cell Therapy Study

  • Why Is Turnstone Biologics (TSBX) Stock Down 38% Today?

  • Turnstone Biologics Corp. Reports Second Quarter 2024 Financial Results and Provides Recent Business Highlights

  • Turnstone Biologics Corp. Reports Positive Initial Data from Phase 1 Trial of TIDAL-01 in Metastatic Colorectal Cancer

  • 4 Stocks Under $5 To Buy Now

  • Turnstone Biologics Corp. Reports First Quarter 2024 Financial Results and Provides Recent Business Highlights

  • Turnstone Biologics to Present at the 2024 Bank of America Securities Health Care Conference

  • Turnstone Biologics Appoints William Waddill to its Board of Directors

  • Turnstone Biologics Corp. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Recent Business Highlights

  • Turnstone Biologics to Participate in Upcoming Investor Conferences

  • Turnstone Biologics Announces the Passing of Chief Legal Officer P. Joseph Campisi, Jr., Esq.

  • Turnstone Biologics to Participate in the Piper Sandler 35th Annual Healthcare Conference

  • Turnstone Biologics Corp. Reports Third Quarter 2023 Financial Results and Provides Recent Business Highlights

  • Turnstone Biologics Presents Preclinical Data Highlighting Potential for Selected Tumor-Infiltrating Lymphocyte (TIL) Therapy in Solid Tumors at the 2023 Society for Immunotherapy of Cancer (SITC) Annual Meeting