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Tourmaline Bio (Tourmaline Bio) Accumulated Depreciation : $0.00 Mil (As of Mar. 2024)


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What is Tourmaline Bio Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Tourmaline Bio's quarterly accumulated depreciation increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($-0.04 Mil) but then stayed the same from Dec. 2023 ($-0.04 Mil) to Mar. 2024 ($0.00 Mil).

Tourmaline Bio's annual accumulated depreciation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($-0.01 Mil) and increased from Dec. 2022 ($-0.01 Mil) to Dec. 2023 ($-0.04 Mil).

Tourmaline Bio Accumulated Depreciation Historical Data

The historical data trend for Tourmaline Bio's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tourmaline Bio Accumulated Depreciation Chart

Tourmaline Bio Annual Data
Trend Dec21 Dec22 Dec23
Accumulated Depreciation
- -0.01 -0.04

Tourmaline Bio Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only - -0.02 - -0.04 -

Tourmaline Bio Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Tourmaline Bio Accumulated Depreciation Related Terms

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Tourmaline Bio (Tourmaline Bio) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tourmaline Bio Inc (NAS:TRML) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
N/A
Address
27 West 24th Street, Suite 702, New York, NY, USA, 10010
Website
https://www.tourmalinebio.com
Tourmaline Bio Inc is a late-stage clinical biotechnology company driven by its mission to develop transformative medicines that dramatically improve the lives of patients with life-altering immune diseases. Its 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. The anti-IL-6 and anti-IL-6 receptor (IL-6R) antibody class (IL-6 class) has over two decades of clinical and commercial experience treating over a million patients with a variety of autoimmune and inflammatory diseases.