Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$48.85M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
4033.29%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$321.1M
Q3 2024
Cash
Q3 2024
P/E
-13.43
Nov 29, 2024 EST
Free Cash Flow
-$44.87M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $13.04M $19.47M $13.26M $7.410M $5.010M
YoY Change -33.03% 46.83% 78.97% 47.9%
% of Gross Profit
Research & Development $32.37M $57.01M $34.25M $15.28M $13.37M
YoY Change -43.22% 66.46% 124.15% 14.27%
% of Gross Profit
Depreciation & Amortization $33.00K $1.383M $623.0K $447.0K $380.0K
YoY Change -97.61% 121.99% 39.37% 17.63%
% of Gross Profit
Operating Expenses $45.41M $76.48M $47.51M $22.68M $18.38M
YoY Change -40.62% 60.98% 109.43% 23.42%
Operating Profit -$45.41M -$76.48M -$47.51M -$22.68M
YoY Change -40.62% 60.98% 109.43%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $2.583M -$326.0K -$23.00K $200.0K
YoY Change -892.33% 1317.39% -111.5%
% of Operating Profit
Other Income/Expense, Net $3.285M $1.683M -$1.126M -$420.0K $20.00K
YoY Change 95.19% -249.47% 168.1% -2200.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$42.12M -$73.89M -$47.83M -$22.71M -$18.16M
YoY Change -42.99% 54.48% 110.63% 25.06%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$42.12M -$73.89M -$47.80M -$22.71M -$18.16M
YoY Change -42.99% 54.59% 110.51% 25.04%
Net Earnings / Revenue
Basic Earnings Per Share -$8.87 -$1.79 -$1.64
Diluted Earnings Per Share -$8.87 -$1.79 -$1.169M -$550.7K -$440.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $203.0M $181.3M $244.0M $149.5M $39.00M
YoY Change 11.95% -25.7% 63.19% 283.33%
Cash & Equivalents $140.7M $13.67M $18.61M $17.60M $39.00M
Short-Term Investments $62.23M $167.6M $225.4M $131.9M $0.00
Other Short-Term Assets $5.923M $4.331M $2.543M $900.0K $1.800M
YoY Change 36.76% 70.31% 182.56% -50.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $208.9M $185.6M $246.5M $150.8M $40.80M
YoY Change 12.53% -24.7% 63.47% 269.61%
Property, Plant & Equipment $570.0K $7.991M $4.804M $2.000M $1.100M
YoY Change -92.87% 66.34% 140.2% 81.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $851.0K $111.0K $104.0K $0.00 $0.00
YoY Change 666.67% 6.73%
Total Long-Term Assets $1.421M $8.102M $4.908M $2.000M $1.100M
YoY Change -82.46% 65.08% 145.4% 81.82%
Total Assets $210.3M $193.7M $251.4M $152.8M $41.90M
YoY Change
Accounts Payable $1.071M $3.887M $2.556M $800.0K $700.0K
YoY Change -72.45% 52.07% 219.5% 14.29%
Accrued Expenses $3.931M $7.575M $5.431M $2.100M $1.300M
YoY Change -48.11% 39.48% 158.62% 61.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.002M $11.46M $7.987M $3.400M $2.300M
YoY Change -56.36% 43.51% 134.91% 47.83%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $251.0K $2.198M $626.0K $1.400M $100.0K
YoY Change -88.58% 251.12% -55.29% 1300.0%
Total Long-Term Liabilities $251.0K $2.198M $626.0K $1.400M $100.0K
YoY Change -88.58% 251.12% -55.29% 1300.0%
Total Liabilities $5.253M $13.66M $8.613M $4.800M $2.400M
YoY Change -61.54% 58.6% 79.44% 100.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 4.747M shares 41.25M 29.13M
Diluted Shares Outstanding 4.747M shares 41.25M 29.13M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $656.07 Million

About Tourmaline Bio, Inc.

Tourmaline Bio, Inc. is a late-stage clinical biotechnology company, which engages in the development of medicines for patients with life-altering immune diseases. The company is headquartered in New York City, New York and currently employs 44 full-time employees. The company went IPO on 2021-05-07. The firm is focused on developing transformative medicines that improve the lives of patients with life-altering immune and inflammatory diseases. The Company’s initial product candidate is TOUR006, a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. TOUR006 is a long-acting anti-IL-6 antibody which has properties, including a high binding affinity to IL-6, long half-life, and low observed immunogenicity. The company is also developing TOUR006 in thyroid eye disease (TED) and atherosclerotic cardiovascular disease (ASCVD) as its first two indications, with additional diseases under consideration. The company is focused on two strategic paths for TOUR006, the first of which it refers to as FcRn+. Its second strategic path is cardiovascular inflammation.

Industry: Biological Products, (No Diagnostic Substances) Peers: Annovis Bio, Inc. BIORA THERAPEUTICS, INC. ATOSSA THERAPEUTICS, INC. Candel Therapeutics, Inc. Decibel Therapeutics, Inc. INFINITY PHARMACEUTICALS, INC. PUMA BIOTECHNOLOGY, INC. Inozyme Pharma, Inc.