CARGO Therapeutics Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	107.75	64.38	405.73	1.87	0.04
Short-Term Investments	144.82	275.32	-	-	-
Cash & Short-Term Investments	252.57	339.7	405.73	1.87	0.04
Cash Growth	-43.05%	-16.27%	21573.72%	4465.85%	-
Other Receivables	0.8	2.04	1.74	0.48	-
Receivables	0.8	2.04	1.74	0.48	-
Prepaid Expenses	2.86	2.19	1.18	0.15	0.04
Other Current Assets	1.81	1.08	0.83	1.43	0.11
Total Current Assets	258.61	345.01	409.48	3.93	0.18
Property, Plant & Equipment	-	34.78	38.6	5.53	3.88
Long-Term Investments	-	28.39	-	-	-
Other Long-Term Assets	-	5.88	4.96	0.78	0.44
Total Assets	258.61	414.05	453.04	10.24	4.5
Accounts Payable	8.67	2.44	5.01	3.48	0.82
Accrued Expenses	0.3	20.42	12.63	4.03	0.59
Short-Term Debt	-	-	-	21.25	-
Current Portion of Leases	0.58	0.63	2.28	1.01	0.94
Other Current Liabilities	11.36	1.54	1.24	14.36	0.1
Total Current Liabilities	20.91	25.03	21.16	44.14	2.45
Long-Term Leases	-	28.8	26.26	1.09	2.23
Other Long-Term Liabilities	-	-	0.23	0.25	-
Total Liabilities	20.91	53.83	47.65	45.48	4.68
Common Stock	0.05	0.05	0.04	0	0.01
Additional Paid-In Capital	684.74	672.54	550.49	11.76	5.86
Retained Earnings	-447.08	-312.65	-145.15	-47	-6.05
Comprehensive Income & Other	-0.01	0.29	-	-	-
Total Common Equity	237.7	360.23	405.39	-35.24	-0.18
Shareholders' Equity	237.7	360.23	405.39	-35.24	-0.18
Total Liabilities & Equity	258.61	414.05	453.04	10.24	4.5
Total Debt	0.58	29.43	28.54	23.35	3.17
Net Cash (Debt)	251.99	338.67	377.19	-21.48	-3.13
Net Cash Growth	-39.33%	-10.21%	-	-	-
Net Cash Per Share	5.26	7.53	63.51	-54.76	-20.51
Filing Date Shares Outstanding	48.36	46.05	39.36	1.09	0.15
Total Common Shares Outstanding	46.5	46.04	41.21	1.09	0.15
Working Capital	237.7	319.99	388.32	-40.21	-2.27
Book Value Per Share	5.11	7.82	9.84	-32.27	-1.19
Tangible Book Value	237.7	360.23	405.39	-35.24	-0.18
Tangible Book Value Per Share	5.11	7.82	9.84	-32.27	-1.19
Machinery	-	14.63	10.32	2.79	0.26
Construction In Progress	-	0.09	1.83	0.89	0.42
Leasehold Improvements	-	0.87	0.13	0.11	0.02

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q