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Mustang Bio (MBIO)

Nasdaq Market Open

Mustang Bio, Inc. is a clinical-stage biotechnology company developing cell and gene therapy candidates for cancers and rare diseases. The company’s strategy is to identify promising academic or early-stage medical technologies, secure rights to them through licensing or ownership arrangements, and fund further development with the aim of advancing them through clinical testing. Its work sits in a high-risk, research-intensive area of healthcare where scientific validation, regulatory progress, manufacturing capability, and access to capital are central to the investment case.

A key focus for Mustang Bio is chimeric antigen receptor T-cell therapy, commonly known as CAR-T. CAR-T treatments involve engineering a patient’s immune cells to recognize and attack disease targets, and the field has become an important part of oncology research, especially in certain blood cancers. Mustang Bio’s pipeline includes CAR-T approaches for hematologic malignancies as well as programmes aimed at solid tumors, where the biological and clinical challenges can be more complex.

The company has also worked on gene therapy candidates for rare genetic disorders. These programmes are designed around the concept of addressing disease at the genetic level, although development timelines can be lengthy and outcomes are uncertain until supported by clinical evidence. As a development-stage biopharmaceutical company, Mustang Bio does not resemble a diversified pharmaceutical manufacturer with established commercial products. Its value is more closely linked to pipeline execution, trial results, intellectual property, partnerships, regulatory decisions, and financing needs. MBIO therefore represents exposure to an emerging therapeutics platform company seeking to translate advanced cell and gene therapy science into potential treatments for difficult-to-treat diseases.

0.63 USD
+0.07 (+12.52%)

Last updated

Market Cap
$4,243,403
P/E
P/FCF
P/S
Enterprise Value
-$12,014,597
Sector
Materials
Industry
Pharmaceutical Preparations
Address
95 SAWYER RD, WALTHAM, MA, 02453

No recent news is linked to this listing.

Market Cap
$4,243,403
Enterprise Value
-$12,014,597
P/E
P/B
0.49
P/S
EV / EBITDA
3.71
EV / Sales
EPS
-0.36
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
-31.68%
ROA
-16.42%
Debt / Equity
0
Current Ratio
2.12
Quick Ratio
2.12
Cash
2.07
Avg Volume
$40,009
Fundamentals Snapshot Price
0.56

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Cost of revenue 0 0 0 0 0
Operating income -1.06M -670K -624K -885K -253K
EBITDA -1.06M -670K -624K -885K -219K
Net income -955K -538K -468K -762K -153K
Other operating expenses 0 0 0 0 0
Total operating expenses 1.06M 670K 624K 885K 253K
Basic EPS -0.14 -0.07 -0.07 -0.19 -0.05
Diluted EPS -0.14 -0.07 -0.07 -0.19 -0.05

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 16.58M 17.59M 19.36M 13.05M 14.91M
Total liabilities 7.99M 8.06M 9.59M 10.15M 11.3M
Total equity 8.6M 9.53M 9.77M 2.89M 3.61M
Cash & equivalents 16.26M 17.27M 18.98M 12.66M 14.23M
Current assets 16.58M 17.59M 19.36M 13.05M 14.91M
Current liabilities 7.84M 7.91M 9.44M 10M 11.15M
Accounts payable 5.32M 5.41M 6.91M 7.5M 8.34M
Receivables 217K 217K 217K 217K 467K

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -1.01M -1.72M -818K -1.34M -1.39M
Investing cash flow 0 0 0 1.17M
Financing cash flow 0 7.15M -235K 7.62M
Change in cash -1.01M -1.72M 6.33M -1.57M 7.39M
Net income -955K -538K -468K -762K -153K
Kind Filing Date Link
edgar index 10-Q — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Litchman Manuel MD View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 10-K — MUSTANG BIO, INC. View Filing
ten k section 10-K — business View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — risk_factors View Filing
edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Fortress Biotech, Inc. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Jin David View Filing
form 4 Form 4 — Chill Adam J. View Filing
form 4 Form 4 — Herskowitz Neil View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index DEF 14A — MUSTANG BIO, INC. View Filing
edgar index 10-Q — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Fortress Biotech, Inc. View Filing
edgar index 424B5 — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13G/A — MUSTANG BIO, INC. View Filing
edgar index 10-Q — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G/A — MUSTANG BIO, INC. View Filing
edgar index 10-Q — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13G/A — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Litchman Manuel MD View Filing
edgar index EFFECT — MUSTANG BIO, INC. View Filing
edgar index POS AM — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
edgar index 424B3 — MUSTANG BIO, INC. View Filing
edgar index POS EX — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Fortress Biotech, Inc. View Filing
edgar index 10-K — MUSTANG BIO, INC. View Filing
ten k section 10-K — business View Filing
ten k section 10-K — risk_factors View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index DEF 14C — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index 424B3 — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index PRE 14C — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index 424B3 — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13G — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 424B4 — MUSTANG BIO, INC. View Filing
edgar index S-1/A — MUSTANG BIO, INC. View Filing
edgar index CORRESP — MUSTANG BIO, INC. View Filing
edgar index EFFECT — MUSTANG BIO, INC. View Filing
edgar index DEF 14C — MUSTANG BIO, INC. View Filing
edgar index UPLOAD — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index S-1 — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index PRE 14C — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
edgar index 3 — MUSTANG BIO, INC. View Filing
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