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MUSTANG BIO, INC.

For the period ended Dec 31, 2024. Filed Mar 28, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 28, 2025

MBIO$0.45+15.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Balance Sheets as of December 31, 2024 and 2023

BALANCE SHEETS

(in thousands, except for share and per share amounts)

​​​​​​​
​ · ​ · December 31, · ​ · December 31,
​ · 2024 · 2023
​ · ​ · ​ · ​ · ​
ASSETS · ​ · ​
Current Assets: · ​ · ​
Cash and cash equivalents​$6,839​$6,234
Other receivables​​402​​3,879
Prepaid expenses and other current assets​200​1,233
Property, plant and equipment, held for sale​1,165​—
Total current assets​8,606​11,346
​​​
Property, plant and equipment, net​371​3,247
Restricted cash​-​750
Other assets​250​833
Operating lease right-of-use asset, net​​81​​1,566
Total Assets​$9,308​$17,742
​​​
LIABILITIES AND STOCKHOLDERS’ EQUITY​​
Current Liabilities:​​
Accounts payable and accrued expenses​$9,486​$14,017
Payables and accrued expenses - related party​​2,667​​834
Operating lease liabilities - short-term​​456​​520
Total current liabilities​12,609​15,371
​​​
Deferred income​150​270
Operating lease liabilities - long-term​​422​​1,978
Total Liabilities​13,181​17,619
​​​​
Commitments and Contingencies (Note 8)​​
​​​
Stockholders’ Equity​​
Preferred stock ($0.0001 par value), 2,000,000 shares authorized, 250,000 shares of Class A preferred stock issued and outstanding as of December 31, 2024 and December 31, 2023, respectively​—​—
Common stock ($0.0001 par value), 200,000,000 shares authorized as of December 31, 2024 and December 31, 2023, respectively​​
Class A common shares, 845,385 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively​—​—
Common shares, 985,972, and 166,974 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively​5​1
Common stock issuable, 69,046 and 7,061 shares as of December 31, 2024 and December 31, 2023, respectively​611​591
Additional paid-in capital​392,234​380,502
Accumulated deficit​(396,723)​(380,971)
Total Stockholders’ Equity​(3,873)​123
Total Liabilities and Stockholders’ Equity​$9,308​$17,742
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.