Mustang Bio, Inc. Accrued Expenses

Accrued Expenses of MBIO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.


Highlights and Quick Summary

  • Accrued Expenses for the quarter ending September 29, 2021 was $296 Thousand (a 18.88% increase compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses decreased by -39.59%
  • Annual Accrued Expenses for 2020 was $490 Thousand (a -17.79% decrease from previous year)
  • Annual Accrued Expenses for 2019 was $596 Thousand (a 152.54% increase from previous year)
  • Annual Accrued Expenses for 2018 was $236 Thousand (a 72.26% increase from previous year)
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Historical Accrued Expenses of Mustang Bio, Inc.

Most recent Accrued Expensesof MBIO including historical data for past 10 years.

Interactive Chart of Accrued Expenses of Mustang Bio, Inc.

Mustang Bio, Inc. Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $0.3 $0.25 $0.34
2020 $0.49 $0.31 $0.49 $0.55 $0.49
2019 $0.6 $0.28 $0.76 $0.62 $0.6
2018 $0.24 $0.28 $0.19 $0.32 $0.24
2017 $0.14 $0.07 $0.14 $0.02 $0.14
2016 $0.86 $1.2 $0.86
2015 $0.54

Business Profile of Mustang Bio, Inc.

Sector: Healthcare
Industry: Biotechnology
Mustang Bio, Inc., a clinical-stage biopharmaceutical company, focuses on translating medical breakthroughs in cell and gene therapies into potential cures for hematologic cancers, solid tumors, and rare genetic diseases. Its pipeline focuses on gene therapy programs for rare genetic disorders, chimeric antigen receptor (CAR) engineered T cell (CAR T) therapies for hematologic malignancies, and CAR T therapies for solid tumors. The company develops MB-107 and MB-207, a gene therapy program for X-linked severe combined immunodeficiency, a rare genetic immune system condition in which affected patients do not live beyond infancy without treatment. The company also develops MB-102 CAR T therapies for blastic plasmacytoid dendritic cell neoplasm, acute myeloid leukemia, and myelodysplastic syndrome; MB-106 CAR T cell program for B cell non-hodgkin lymphoma and chronic lymphocytic leukemia; MB-104 CAR T for multiple myeloma and light chain amyloidosis; MB-101 CAR T cell program for glioblastoma; MB-103 CAR T for glioblastoma multiforme (GBM) and metastatic breast cancer to brain; MB-105 CAR T for prostate and pancreatic cancers; and MB-108, a next-generation oncolytic herpes simplex virus. It has license agreements with Nationwide Children's Hospital, SIRION Biotech GmbH, and Minaris Regenerative Medicine GmbH. The company was incorporated in 2015 and is headquartered in Worcester, Massachusetts.