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.
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
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $4,243,403
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- -$12,014,597
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 0.49
- P/S
P/S ratio compares a company's share price to its revenue per share.
- —
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 3.71
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- —
- EPS
- -0.36
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- —
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -31.68%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -16.42%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 2.12
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 2.12
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 2.07
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $40,009
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 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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