$3.58
-2.7%Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. Its proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. The company's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris, an autoimmune blistering skin disease, and Hemophilia A with Factor VIII alloantibodies. Its product candidate pipeline also includes MuSK-CAART, a preclinical stage product to treat a subset of patients with myasthenia gravis; FVIII-CAART, a discovery stage product to treat a subset of patients with Hemophilia A; and DSG3/1-CAART, a discovery stage product for the treatment of mucocutaneous pemphigus vulgaris. It has a collaboration with the University of Pennsylvania; and research agreement with The Regents of the University of California. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
CABA โข NASDAQ
| Cabaletta Bio, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||
-167.9M | -115.9M | -67.7M | -53M | -46.3M | -33.3M | -16.9M | -12.2M | -333.3K | |
1.6M | 1.7M | 1.4M | 1.2M | 733K | 354K | 104K | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -2.3M | 0.0 | 0.0 | |
20.9M | 19.5M | 11.3M | 6.9M | 5.8M | 4.4M | 2.3M | 606K | 0.0 | |
14.6M | 4.9M | 1.3M | 2.8M | 62K | 119K | 2.3M | 7.4M | 252K | |
-379K | 1.6M | 101K | -4.3M | 5.6M | 1.7M | -1.5M | -464K | 81.3K | |
-131.1M | -88.2M | -53.5M | -46.4M | -34.1M | -26.8M | -16M | -4.7M | 0.0 | |
INVESTING ACTIVITIES | |||||||||
-1.2M | -2.2M | -687K | -2.5M | -1.2M | -635K | -693K | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | (24.8K) | (0.0) | (7.3K) | (0.0) | (0.0) | (0.0) | |
-99M | (0.0) | -84.3M | -49.8M | (0.0) | -11.1M | (0.0) | (0.0) | (0.0) | |
50M | 49.5M | 62.5M | 25M | 7.2M | 3.8M | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | -24.8K | 0.0 | -7.3K | 0.0 | 0.0 | 0.0 | |
-50.3M | (47.3M) | -22.5M | -27.2M | (6M) | -8M | -693K | (0.0) | (0.0) | |
FINANCING ACTIVITIES | |||||||||
106.6M | 10.9M | 185.2M | 32.9M | 48.3M | -192K | 71.2M | 0.0 | 0.0 | |
-6.3M | -897K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12.5M | 0.0 | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -10.1M | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -192K | (0.0) | -169K | (0.0) | |
0.0 | 1.7M | 2.4M | 127K | 650K | 168K | 8.8M | -169K | 1.3K | |
100.3M | 11.7M | 187.6M | 33M | 48.9M | -24K | 119.9M | 37.7M | 1.3K | |
CASH FLOW SUMMARY | |||||||||
19K | -20K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-81M | -29.3M | 111.6M | -40.6M | 20.8M | -34.8M | 103.2M | 33M | 1.3K | |
164M | 193.2M | 81.6M | 122.2M | 101.4M | 136.2M | 33M | 1K | -1.3K | |
83M | 164M | 193.2M | 81.6M | 122.2M | 101.4M | 136.2M | 33M | 1.0 | |
-132.3M | -90.4M | -54.2M | -48.8M | -35.3M | -27.4M | -16.7M | -4.7M | 0.0 |
CABA - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 03, 2026 | June 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 14, 2026 | May 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 14, 2026 | May 14, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 14, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | June 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 20, 2026 | April 20, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 23, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 23, 2026 | March 23, 2026 | 2026 |
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