MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

Cartesian Therapeutics, Inc. (RNAC)

For the quarter ending 2025-06-30, RNAC made $298K in revenue. $15,898K in net income. Net profit margin of 5334.90%.

Overview

Revenue
$298K
Net Income
$15,898K
Net Profit Margin
5334.90%
EPS
$0.5
Unit: Thousand (K) dollars
Revenue Breakdown
    • Grant revenue

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenue298 1,100 387 33,445
Research and development14,869 14,674 11,400 12,661
General and administrative7,240 8,315 6,562 7,027
Total operating expenses22,109 22,989 17,962 19,688
Operating (loss) income-21,811 -21,889 -17,575 13,757
Interest income1,748 2,015 2,573 1,195
Change in fair value of forward contract liabilities- - - -
Change in fair value of warrant liabilities-654 -1,818 -5,669 3,908
Change in fair value of contingent value right liability-35,300 -346 15,100 -2,500
Other (expense) income, net-5 - 250 292
Net income (loss)15,886 -17,710 -24,183 13,836
Foreign currency translation adjustment12 32 -15 -
Total comprehensive income (loss)15,898 -17,678 -24,198 9,628
Less: undistributed earnings allocable to participating securities, basic- - - 4,208
Net loss allocable to shares of common stock - basic- - - 9,628
Basic (in dollars per share)0.51 -0.68 -1.13 0.58
Basic (in shares)25,980,262 25,902,650 21,471,408 16,723,479
Diluted (in dollars per share)0.5 -0.68 -1.13 0.54
Diluted (in shares)26,447,251 25,902,650 21,471,408 17,791,143
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Change in fair value ofcontingent value right...-$35,300K (-1312.00%↓ Y/Y)Change in fair value ofwarrant liabilities-$654K (-116.73%↓ Y/Y)Interest income$1,748K (46.28%↑ Y/Y)Grant revenue$298K (71.26%↑ Y/Y)Net income (loss)$15,886K (14.82%↑ Y/Y)Foreign currencytranslation adjustment$12K Operating (loss) income-$21,811K (-258.54%↓ Y/Y)Total revenue$298K (-99.11%↓ Y/Y)Other (expense)income, net-$5K (-101.71%↓ Y/Y)Total comprehensiveincome (loss)$15,898K Total operatingexpenses$22,109K (12.30%↑ Y/Y)General andadministrative$7,240K (3.03%↑ Y/Y)Research and development$14,869K (17.44%↑ Y/Y)