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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow-73.94 M USD-23.67 M USD-51.16 M USD-31.63 M USD-60.38 M USD34.88 M USD-51.44 M USD-59.16 M USD-52.03 M USD-19.68 M USD-22.46 M USD-12.69 M USD
Depreciation & Amortization2.40 M USD1.20 M USD700000 USD700000 USD600000 USD600000 USD726000 USD975000 USD750000 USD802000 USD1.04 M USD864000 USD
Stock-Based Compensation10.52 M USD6.58 M USD22.52 M USD11.19 M USD7.72 M USD5.42 M USD5.16 M USD5.71 M USD4.08 M USD
Capital Expenditures5.45 M USD9.09 M USD206000 USD1.20 M USD1.08 M USD815000 USD47000 USD884000 USD733000 USD586000 USD1.16 M USD227000 USD
Cash Flow from Investing-5.45 M USD-8.74 M USD34.61 M USD-15.00 M USD-17.14 M USD-741000 USD229000 USD25.27 M USD-2.10 M USD-22.10 M USD-4.68 M USD-227000 USD
Cash Flow from Financing-8.05 M USD168.43 M USD-13.14 M USD39.22 M USD52.90 M USD14.43 M USD105.04 M USD697000 USD66.02 M USD67.66 M USD43.91 M USD24.77 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-79.39 M USD-32.77 M USD-51.37 M USD-32.83 M USD-61.47 M USD34.07 M USD-51.48 M USD-60.05 M USD-52.76 M USD-20.27 M USD-23.63 M USD-12.91 M USD

Cartesian Therapeutics Inc. is a clinical-stage biotechnology company focused on developing mRNA cell therapies for autoimmune diseases. It utilizes its proprietary ImmTOR immune tolerance platform to induce antigen-specific immunity and mitigate unwanted immune responses, leveraging mRNA technology to enhance cell functions through its manufacturing platform. The lead product candidate, Descartes-08, is an autologous mRNA CAR-T therapy targeting B cell maturation antigen (BCMA) and is in Phase 2b clinical trials for conditions including generalized myasthenia gravis, systemic lupus erythematosus, and juvenile dermatomyositis, which has received rare pediatric disease designation. Additional candidates include Descartes-15, an autologous anti-BCMA mRNA CAR-T for autoimmune diseases and relapsed or refractory multiple myeloma, and Descartes-33 in preclinical development for autoimmune indications. Operating in the healthcare biotechnology sector, Cartesian Therapeutics Inc. advances innovative cell therapy solutions to address unmet needs in autoimmune disorders. Headquartered in Gaithersburg, Maryland, the company concentrates on research and development of these specialized product candidates.