Cartesian Therapeutics, Inc. (RNAC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 122.04M | 129.28M | 147.26M | 163.4M | 185.12M | 216.63M | 229.14M | 124.78M | 111.11M | 90.73M | 89.87M | 122.72M | 138.39M | 148.14M | 159.68M | 172.57M | 130.01M | 144.44M | 151.77M | 166.81M |
| Cash & Short-Term Investments | 118.64M | 125.14M | 143.38M | 160.32M | 180.43M | 212.61M | 219.2M | 87.23M | 103.42M | 76.91M | 79.6M | 112.03M | 125.92M | 134.6M | 146.44M | 142.06M | 117.43M | 128.06M | 138.66M | 150.14M |
| Cash Only | 118.64M | 125.14M | 143.38M | 160.32M | 180.43M | 212.61M | 219.2M | 87.23M | 103.42M | 76.91M | 79.6M | 112.03M | 125.92M | 106.44M | 112.84M | 138.06M | 113.44M | 114.06M | 114.64M | 125.75M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.16M | 33.6M | 4M | 4M | 14M | 24.02M | 24.39M |
| Accounts Receivable | 261K | 1.11M | 722K | 354K | 1.76M | 872K | 5.81M | 35.51M | 4.38M | 8.85M | 6.77M | 6.44M | 8.68M | 9.76M | 6.92M | 23.99M | 7.15M | 9.91M | 7.32M | 8.46M |
| Days Sales Outstanding | 793.85 | 89.23 | 109.5 | 323.54 | 107.88 | -404.91 | 4.91K | 54.26 | 103.05 | 86.95 | 92.78 | 131.08 | 139.74 | 45.69 | 68.68 | 36.09 | 22.59 | 26.49 | 29.73 | 38.89 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 3.14M | 3.02M | 0 | 2.72M | 2.92M | 3.14M | 4.13M | 2.04M | 3.31M | 4.97M | 3.49M | 4.26M | 3.79M | 3.78M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 166.35M | 167.13M | 225.41M | 225.5M | 224.01M | 218.4M | 226.18M | 222.96M | 214.1M | 214.32M | 16.16M | 16.78M | 17.3M | 17.75M | 18.59M | 15.5M | 15.69M | 15.44M | 15.39M | 13.71M |
| Property, Plant & Equipment | 17M | 17.79M | 17.37M | 17.45M | 15.53M | 15.45M | 23.75M | 20.52M | 11.96M | 12.18M | 12.76M | 13.37M | 13.97M | 14.41M | 14.96M | 12.07M | 12.22M | 11.97M | 11.92M | 12.18M |
| Fixed Asset Turnover | 0.00x | 0.05x | 0.03x | 0.02x | 0.07x | -0.04x | 0.02x | 2.06x | 0.48x | 0.66x | 0.50x | 0.38x | 0.42x | 1.14x | 1.53x | 3.23x | 2.81x | 2.51x | 2.03x | 1.63x |
| Goodwill | 48.16M | 48.16M | 48.16M | 48.16M | 48.16M | 48.16M | 48.16M | 48.16M | 48.16M | 48.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 93.9M | 93.9M | 150.6M | 150.6M | 150.6M | 150.6M | 150.6M | 150.6M | 150.6M | 150.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.74M | 1.74M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 0 |
| Other Non-Current Assets | 5.55M | 5.55M | 7.29M | 7.29M | 7.72M | 2.19M | 1.67M | 1.67M | 1.38M | 1.38M | 1.41M | 1.41M | 1.33M | 1.34M | 1.63M | 1.43M | 1.46M | 1.47M | 1.47M | 1.53M |
| Total Assets | 288.39M | 296.41M | 372.68M | 388.89M | 409.13M | 435.02M | 455.32M | 347.74M | 325.21M | 305.05M | 106.03M | 139.51M | 155.69M | 165.89M | 178.26M | 188.07M | 145.7M | 159.88M | 167.16M | 180.52M |
| Asset Turnover | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -0.00x | 0.00x | 0.10x | 0.02x | 0.04x | 0.05x | 0.04x | 0.04x | 0.10x | 0.11x | 0.24x | 0.22x | 0.18x | 0.14x | 0.11x |
| Asset Growth % | -29.51% | -31.86% | -18.15% | 11.84% | 25.81% | 42.61% | 329.41% | 149.26% | 108.88% | 83.89% | -40.52% | -25.82% | 6.86% | 3.75% | 6.64% | 4.18% | -17.57% | -3.36% | -7.64% | 140.04% |
| Total Current Liabilities | 15.95M | 14.94M | 13.8M | 12.26M | 15M | 22.98M | 21.41M | 26.11M | 36.65M | 68.21M | 19.94M | 29.37M | 26.53M | 25.08M | 23.73M | 33.76M | 39.25M | 72.25M | 95.62M | 87.3M |
| Accounts Payable | 1.6M | 1.29M | 2.23M | 454K | 2.1M | 288K | 517K | 2.86M | 2.52M | 3.15M | 375K | 267K | 1.06M | 316K | 214K | 693K | 264K | 224K | 1.59M | 154K |
| Days Payables Outstanding | - | - | 9.63 | - | - | - | - | - | - | - | 2.27 | 3.4 | 3.33 | 40.16 | 77.41 | 87.44 | 34.1 | - | - | - |
| Short-Term Debt | 4.19M | 4.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.23M | 10.22M | 8.48M | 5.88M | 3.29M | 696K | 5.96M | 4.13M | 2.29M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 412K | 2.31M | 4.14M | 4.23M | 4.23M | 593K | 3.82M | 15.97M | 27.99M | 53.88M | 62.31M | 75.01M |
| Other Current Liabilities | 10.16M | 9.5M | 107K | 0 | 0 | 7.76M | 8.76M | 10.12M | 22.57M | 45.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 7.65x | 8.65x | 10.67x | 13.33x | 12.34x | 9.43x | 10.70x | 4.78x | 3.03x | 1.33x | 4.51x | 4.18x | 5.22x | 5.91x | 6.73x | 5.11x | 3.31x | 2.00x | 1.59x | 1.91x |
| Quick Ratio | 7.65x | 8.65x | 10.67x | 13.33x | 12.34x | 9.43x | 10.70x | 4.78x | 3.03x | 1.33x | 4.51x | 4.18x | 5.22x | 5.91x | 6.73x | 5.11x | 3.31x | 2.00x | 1.59x | 1.91x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 420.56M | 407.71M | 394.72M | 379.16M | 415.92M | 418.85M | 433.16M | 423.08M | 405.35M | 677.02M | 25.77M | 44.69M | 54.58M | 46.98M | 69.63M | 64.7M | 50.69M | 65.11M | 90.28M | 97.45M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.79M | 16.23M | 17.79M | 20.21M | 22.63M | 25.04M | 19.67M | 21.3M | 22.93M |
| Capital Lease Obligations | 7.67M | 8.53M | 8.73M | 9.56M | 10.36M | 11.13M | 11.88M | 12.34M | 8.23M | 8.79M | 8.69M | 9.16M | 9.62M | 10.05M | 10.51M | 8.02M | 8.32M | 8.6M | 8.87M | 9.14M |
| Deferred Tax Liabilities | 6.95M | 6.95M | 0 | 16.14M | 0 | 0 | 15.85M | 15.85M | 15.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 405.95M | 392.24M | 385.99M | 353.46M | 405.56M | 407.72M | 405.43M | 394.88M | 381.27M | 664.7M | 13.09M | 16.88M | 23.22M | 19.14M | 33.47M | 26.93M | 6.91M | 25.42M | 40.04M | 40.63M |
| Total Liabilities | 436.51M | 422.65M | 408.52M | 391.42M | 430.92M | 441.82M | 454.56M | 449.2M | 442.01M | 745.23M | 45.7M | 74.06M | 81.11M | 72.06M | 93.36M | 98.46M | 89.93M | 137.36M | 185.89M | 184.74M |
| Total Debt | 11.86M | 12.68M | 12.6M | 13.35M | 14.07M | 13.98M | 14.65M | 14.87M | 10.46M | 10.96M | 10.48M | 34.91M | 37.73M | 37.92M | 38.15M | 35.06M | 35.14M | 35.28M | 35.31M | 35.34M |
| Net Debt | -106.79M | -112.46M | -130.78M | -146.97M | -166.37M | -198.63M | -204.55M | -72.36M | -92.96M | -65.96M | -69.12M | -77.11M | -88.19M | -68.51M | -74.69M | -103M | -78.3M | -78.78M | -79.33M | -90.41M |
| Debt / Equity | - | - | - | - | - | - | 19.48x | - | - | - | 0.17x | 0.53x | 0.51x | 0.40x | 0.45x | 0.39x | 0.63x | 1.57x | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | 1.07x | - | - | - | - | - | - | - | 2.44x | 3.08x | 8.02x | - | 34.18x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | -5.19x | - | - | - | - | - | - | - | -7.17x | -6.86x | -17.90x | - | -87.43x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | -10.26x | -24.78x | -22.75x | 7.95x | -9.24x | 13.03x | 41.70x | 18.41x | -1.91x | 7.42x |
| Total Equity | -148.12M | -126.24M | -35.84M | -2.53M | -21.79M | -6.8M | 752K | -101.46M | -116.8M | -440.18M | 60.33M | 65.45M | 74.58M | 93.83M | 84.91M | 89.61M | 55.76M | 22.52M | -18.73M | -4.22M |
| Equity Growth % | -579.78% | -1755.92% | -4866.49% | 97.51% | 81.34% | 98.45% | -98.75% | -255.02% | -256.61% | -569.14% | -28.95% | -26.96% | 33.74% | 316.62% | 553.3% | 2222.36% | 384.93% | 225.07% | -153.74% | 67.65% |
| Book Value per Share | -5.52 | -4.86 | -1.38 | -0.10 | -0.84 | -0.26 | 0.04 | -5.70 | -21.57 | -85.14 | 11.69 | 12.80 | 14.59 | 19.45 | 16.66 | 18.10 | 13.47 | 5.87 | -4.88 | -1.25 |
| Total Shareholders' Equity | -148.12M | -126.24M | -35.84M | -2.53M | -21.79M | -6.8M | 752K | -101.46M | -116.8M | -440.18M | 60.33M | 65.45M | 74.58M | 93.83M | 84.91M | 89.61M | 55.76M | 22.52M | -18.73M | -4.22M |
| Common Stock | 3K | 3K | 3K | 3K | 3K | 3K | 2K | 2K | 1K | 1K | 15K | 15K | 15K | 15K | 15K | 15K | 12K | 12K | 12K | 12K |
| Retained Earnings | -861.55M | -822.37M | -729.8M | -693.89M | -709.78M | -692.07M | -681.82M | -657.63M | -671.47M | -614.65M | -436.99M | -427.99M | -416.6M | -394.94M | -400.83M | -392.94M | -401.54M | -430.32M | -442.56M | -424.66M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -4.58M | -4.58M | -4.59M | -4.58M | -4.59M | -4.62M | -4.61M | -4.59M | -4.61M | -4.6M | -4.62M | -4.6M | -4.57M | -4.56M | -4.53M | -4.48M | -4.6M | -4.57M | -4.56M | -4.56M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |