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Atara Biotherapeutics Inc

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Atara Biotherapeutics (NASDAQ: ATRA) is a clinical-stage biopharmaceutical company focused on developing cell therapy product candidates. The company has not yet generated product revenue from approved therapies and funds operations through capital raises and, based on balance sheet line items visible in the FY2025 10-K, a liability related to the sale of future revenues. Headquartered in Thousand Oaks, California, Atara has undergone multiple rounds of workforce reductions, including cuts in August 2022 (approximately 20%), November 2023 (approximately 30%), January 2024 (approximately 25%), and additional reductions in January, March, May, and October 2025. AnhCo "Cokey" Nguyen was appointed President and Chief Executive Officer in September 2024, succeeding Pascal Touchon. The company operates research facilities including an ARC facility that was partially wound down in 2025, resulting in a $4.1 million right-of-use asset impairment and a subsequent $6.0 million lease liability gain recorded in FY2025.

Products & Services

Cell therapy product candidates in clinical development. No approved products are identified in the filing excerpts. The ARC facility supported research and development activities and was partially wound down in 2025.

Revenue Model

Atara has no disclosed commercial product revenue in the filing excerpts. The balance sheet reflects a liability related to the sale of future revenues, indicating the company has monetized future potential royalties or milestone payments. Operating expenses are concentrated in research and development.

Customers & Markets

No commercial customers are identified in the filing excerpts. The company targets therapeutic end markets requiring regulatory approval from bodies including the FDA, EMA, and MHRA before any commercial sales can occur.

Geographic Exposure

Headquartered in Thousand Oaks, California. Regulatory filings reference the United States, the European Economic Area, and the United Kingdom as target markets for potential future commercialization.

Financial Snapshot

Revenue
TTM
$23.14M
Gross Margin
TTM
90.74%
Net Income
TTM
-$9.467M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
215.64%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
-37.31M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$22.80M

Stock Price

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Market Cap: $87.939 Million

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