RNAC: Cartesian Therapeutics Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Cartesian Therapeutics Inc (RNAC).
$455.18M Market Cap.
RNAC Market Cap. (MRY)
RNAC Shares Outstanding (MRY)
RNAC Assets (MRY)
Total Assets
$435.02M
Total Liabilities
$441.82M
Total Investments
$3.67M
RNAC Income (MRY)
Revenue
$38.91M
Net Income
-$77.42M
Operating Expense
$82.81M
RNAC Cash Flow (MRY)
CF Operations
-$23.67M
CF Investing
-$8.74M
CF Financing
$168.43M
RNAC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $435,023,000 (42.61%) | $305,050,000 (83.89%) | $165,886,000 (3.75%) | $159,883,000 (-3.36%) |
Assets Current | $216,626,000 (138.76%) | $90,729,000 (-38.75%) | $148,138,000 (2.56%) | $144,443,000 (-4.56%) |
Assets Non-Current | $218,397,000 (1.90%) | $214,321,000 (1107.58%) | $17,748,000 (14.95%) | $15,440,000 (9.57%) |
Goodwill & Intangible Assets | $48,163,000 (0.00%) | $48,163,000 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | -$6,802,000 (98.45%) | -$440,184,000 (-569.14%) | $93,828,000 (316.62%) | $22,521,000 (225.07%) |
Property Plant & Equipment Net | $15,447,000 (26.81%) | $12,181,000 (-15.47%) | $14,411,000 (20.38%) | $11,971,000 (-3.01%) |
Cash & Equivalents | $212,610,000 (176.44%) | $76,911,000 (-27.74%) | $106,438,000 (-6.68%) | $114,057,000 (-17.76%) |
Accumulated Other Comprehensive Income | -$4,621,000 (-0.46%) | -$4,600,000 (-0.92%) | -$4,558,000 (0.18%) | -$4,566,000 (-0.07%) |
Deferred Revenue | $0 (0%) | $5,849,000 (886.34%) | $593,000 (-99.09%) | $65,300,000 (-41.06%) |
Total Investments | $3,669,000 (8.65%) | $3,377,000 (-89.27%) | $31,475,000 (81.13%) | $17,377,000 (1160.12%) |
Investments Current | $0 (0%) | $0 (0%) | $28,164,000 (101.20%) | $13,998,000 (0%) |
Investments Non-Current | $3,669,000 (8.65%) | $3,377,000 (1.99%) | $3,311,000 (-2.01%) | $3,379,000 (145.03%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $872,000 (-90.15%) | $8,851,000 (-9.29%) | $9,758,000 (-1.57%) | $9,914,000 (37.24%) |
Trade & Non-Trade Payables | $288,000 (-90.86%) | $3,150,000 (896.84%) | $316,000 (41.07%) | $224,000 (-49.44%) |
Accumulated Retained Earnings (Deficit) | -$692,071,000 (-12.60%) | -$614,647,000 (-55.63%) | -$394,937,000 (8.22%) | -$430,316,000 (-6.35%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $16,141,000 (1.82%) | $15,853,000 (0%) | $0 (0%) | $601,000 (0%) |
Total Debt | $13,984,000 (27.65%) | $10,955,000 (-71.11%) | $37,925,000 (7.49%) | $35,281,000 (-0.19%) |
Debt Current | $2,851,000 (31.63%) | $2,166,000 (-78.52%) | $10,084,000 (43.85%) | $7,010,000 (672.03%) |
Debt Non-Current | $11,133,000 (26.67%) | $8,789,000 (-68.43%) | $27,841,000 (-1.52%) | $28,271,000 (-17.91%) |
Total Liabilities | $441,825,000 (-0.64%) | $444,680,000 (517.11%) | $72,058,000 (-47.54%) | $137,362,000 (-25.12%) |
Liabilities Current | $22,976,000 (-66.32%) | $68,209,000 (172.00%) | $25,077,000 (-65.29%) | $72,251,000 (-11.40%) |
Liabilities Non-Current | $418,849,000 (11.26%) | $376,471,000 (701.33%) | $46,981,000 (-27.84%) | $65,111,000 (-36.10%) |
RNAC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $38,913,000 (49.64%) | $26,004,000 (-76.53%) | $110,777,000 (30.21%) | $85,077,000 (412.60%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $30,126,000 (-25.76%) | $40,581,000 (70.07%) | $23,862,000 (13.97%) | $20,938,000 (10.71%) |
Research & Development Expense | $45,105,000 (-37.21%) | $71,839,000 (-0.74%) | $72,377,000 (5.30%) | $68,736,000 (26.11%) |
Operating Expenses | $82,810,000 (-26.34%) | $112,420,000 (16.81%) | $96,239,000 (7.32%) | $89,674,000 (22.14%) |
Interest Expense | $0 (0%) | $2,833,000 (-6.53%) | $3,031,000 (6.58%) | $2,844,000 (82.78%) |
Income Tax Expense | $287,000 (101.51%) | -$19,000,000 (-3019.87%) | -$609,000 (-103.81%) | $15,966,000 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$77,424,000 (64.76%) | -$219,710,000 (-721.02%) | $35,379,000 (237.73%) | -$25,687,000 (62.71%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$77,424,000 (64.76%) | -$219,710,000 (-721.02%) | $35,379,000 (237.73%) | -$25,687,000 (62.71%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$77,424,000 (64.76%) | -$219,710,000 (-721.02%) | $35,379,000 (237.73%) | -$25,687,000 (62.71%) |
Weighted Average Shares | $17,276,822 (-88.86%) | $155,109,561 (7.15%) | $144,758,555 (26.62%) | $114,328,798 (12.97%) |
Weighted Average Shares Diluted | $17,357,943 (-88.81%) | $155,109,561 (6.33%) | $145,874,889 (27.59%) | $114,328,798 (12.97%) |
Earning Before Interest & Taxes (EBIT) | -$77,137,000 (67.30%) | -$235,877,000 (-724.00%) | $37,801,000 (649.67%) | -$6,877,000 (89.78%) |
Gross Profit | $38,913,000 (49.64%) | $26,004,000 (-76.53%) | $110,777,000 (30.21%) | $85,077,000 (412.60%) |
Operating Income | -$43,897,000 (49.20%) | -$86,416,000 (-694.41%) | $14,538,000 (416.25%) | -$4,597,000 (91.91%) |
RNAC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$8,742,000 (-125.26%) | $34,609,000 (330.70%) | -$15,002,000 (12.47%) | -$17,140,000 (-2213.09%) |
Net Cash Flow from Financing | $168,428,000 (1381.31%) | -$13,145,000 (-133.52%) | $39,215,000 (-25.87%) | $52,897,000 (266.55%) |
Net Cash Flow from Operations | -$23,674,000 (53.73%) | -$51,161,000 (-61.74%) | -$31,631,000 (47.62%) | -$60,382,000 (-273.11%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $135,991,000 (557.11%) | -$29,750,000 (-302.14%) | -$7,398,000 (69.96%) | -$24,628,000 (-150.77%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $6,561,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $28,254,000 (304.72%) | -$13,801,000 (14.04%) | -$16,055,000 (0%) |
Capital Expenditure | -$8,742,000 (-4143.69%) | -$206,000 (82.85%) | -$1,201,000 (-10.69%) | -$1,085,000 (-46.42%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | -$27,457,000 (-24860.91%) | -$110,000 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $128,494,000 (55525.11%) | $231,000 (-99.41%) | $39,325,000 (-25.66%) | $52,897,000 (285.21%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$21,000 (60.38%) | -$53,000 (-365.00%) | $20,000 (766.67%) | -$3,000 (94.83%) |
Share Based Compensation | $6,582,000 (-70.78%) | $22,524,000 (101.21%) | $11,194,000 (45.00%) | $7,720,000 (42.38%) |
Depreciation Amortization & Accretion | $3,588,000 (38.16%) | $2,597,000 (-1.03%) | $2,624,000 (10.67%) | $2,371,000 (27.40%) |
RNAC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | -199.00% (76.45%) | -844.90% (-2748.59%) | 31.90% (205.63%) | -30.20% (92.72%) |
EBITDA Margin | -189.00% (78.93%) | -897.10% (-2557.81%) | 36.50% (788.68%) | -5.30% (98.66%) |
Return on Average Equity (ROAE) | 138.10% (-62.31%) | 366.40% (738.44%) | 43.70% (-91.49%) | 513.70% (-11.99%) |
Return on Average Assets (ROAA) | -19.80% (84.08%) | -124.40% (-695.22%) | 20.90% (239.33%) | -15.00% (72.22%) |
Return on Sales (ROS) | -198.20% (78.15%) | -907.10% (-2760.12%) | 34.10% (520.99%) | -8.10% (98.00%) |
Return on Invested Capital (ROIC) | -44.40% (89.94%) | -441.50% (-776.11%) | 65.30% (114.19%) | -460.10% (87.19%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -4 (-863.37%) | -0.41 (-108.81%) | 4.71 (131.77%) | -14.82 (-232.54%) |
Price to Sales Ratio (P/S) | 7.95 (93.39%) | 4.11 (178.40%) | 1.48 (-66.29%) | 4.38 (-76.29%) |
Price to Book Ratio (P/B) | -66.92 (-27438.68%) | -0.24 (-113.19%) | 1.84 (-89.08%) | 16.89 (192.88%) |
Debt to Equity Ratio (D/E) | -64.95 (-6331.19%) | -1.01 (-231.51%) | 0.77 (-87.41%) | 6.1 (159.86%) |
Earnings Per Share (EPS) | -4.48 (-169.88%) | -1.66 (-791.67%) | 0.24 (209.09%) | -0.22 (67.65%) |
Sales Per Share (SPS) | 2.25 (1240.48%) | 0.17 (-78.04%) | 0.77 (2.82%) | 0.74 (353.66%) |
Free Cash Flow Per Share (FCFPS) | -1.88 (-466.77%) | -0.33 (-45.81%) | -0.23 (57.81%) | -0.54 (-259.64%) |
Book Value Per Share (BVPS) | -0.39 (86.12%) | -2.84 (-537.96%) | 0.65 (228.93%) | 0.2 (210.67%) |
Tangible Assets Book Value Per Share (TABVPS) | 22.39 (1252.17%) | 1.66 (44.50%) | 1.15 (-18.03%) | 1.4 (-14.50%) |
Enterprise Value Over EBIT (EV/EBIT) | -3 (0%) | 0 (0%) | 3 (106.82%) | -44 (-1366.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -3.41 (-2003.70%) | -0.16 (-106.67%) | 2.43 (103.64%) | -66.79 (-1920.21%) |
Asset Turnover | 0.1 (-31.97%) | 0.15 (-77.52%) | 0.65 (31.59%) | 0.5 (282.31%) |
Current Ratio | 9.43 (608.87%) | 1.33 (-77.48%) | 5.91 (195.50%) | 2 (7.70%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$32,416,000 (36.89%) | -$51,367,000 (-56.45%) | -$32,832,000 (46.59%) | -$61,467,000 (-280.04%) |
Enterprise Value (EV) | $250,633,823 (561.73%) | $37,875,763 (-61.44%) | $98,234,140 (-67.36%) | $300,945,476 (39.06%) |
Earnings Before Tax (EBT) | -$77,137,000 (67.69%) | -$238,710,000 (-786.54%) | $34,770,000 (457.68%) | -$9,721,000 (85.89%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$73,549,000 (68.47%) | -$233,280,000 (-677.07%) | $40,425,000 (997.14%) | -$4,506,000 (93.12%) |
Invested Capital | $165,258,000 (34.66%) | $122,722,000 (69.75%) | $72,296,000 (716.35%) | $8,856,000 (145.53%) |
Working Capital | $193,650,000 (759.90%) | $22,520,000 (-81.70%) | $123,061,000 (70.46%) | $72,192,000 (3.43%) |
Tangible Asset Value | $386,860,000 (50.60%) | $256,887,000 (54.86%) | $165,886,000 (3.75%) | $159,883,000 (-3.36%) |
Market Capitalization | $455,180,823 (325.41%) | $106,997,763 (-38.12%) | $172,925,140 (-54.53%) | $380,275,476 (16.17%) |
Average Equity | -$56,077,000 (6.47%) | -$59,957,000 (-174.00%) | $81,026,250 (1720.28%) | -$5,000,750 (57.62%) |
Average Assets | $390,821,000 (121.34%) | $176,570,750 (4.18%) | $169,478,750 (-0.93%) | $171,078,250 (34.06%) |
Invested Capital Average | $173,747,000 (225.23%) | $53,423,000 (-7.73%) | $57,901,500 (3773.66%) | $1,494,750 (-20.25%) |
Shares | 25,414,898 (-83.62%) | 155,204,182 (1.42%) | 153,031,097 (31.19%) | 116,648,919 (7.98%) |
