Q32 Bio (Q32 Bio) Ending Cash Position : $116.16 Mil (As of Mar. 2024)

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What is Q32 Bio Ending Cash Position?

Q32 Bio's Ending Cash Position for the quarter that ended in Mar. 2024 was $116.16 Mil.

Q32 Bio's quarterly Ending Cash Position increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($31.26 Mil) and increased from Dec. 2023 ($31.26 Mil) to Mar. 2024 ($116.16 Mil).

Q32 Bio's annual Ending Cash Position increased from Dec. 2021 ($32.98 Mil) to Dec. 2022 ($49.54 Mil) but then declined from Dec. 2022 ($49.54 Mil) to Dec. 2023 ($31.26 Mil).

Q32 Bio Ending Cash Position Historical Data

The historical data trend for Q32 Bio's Ending Cash Position 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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Q32 Bio Ending Cash Position Chart

Q32 Bio Annual Data

Trend

Dec21

Dec22

Dec23

Ending Cash Position

32.98

49.54

31.26

Q32 Bio Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial			49.54	37.05	-	31.26	116.16

Q32 Bio Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Q32 Bio's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	49.54	+	-18.276
	=	31.26

Q32 Bio's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	31.264	+	84.892
	=	116.16

Q32 Bio Ending Cash Position Related Terms

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Q32 Bio (Q32 Bio) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Q32 Bio Inc (NAS:QTTB) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

830 Winter Street, Waltham, MA, USA, 02451

Website

https://www.q32bio.com

Q32 Bio Inc is a clinical-stage biotechnology company focused on developing novel biologics to effectively and safely restore healthy immune balance in patients with autoimmune & inflammatory diseases driven by pathological immune dysfunction. Q32 is advancing antibody-based therapeutic candidates designed to target two central pathways of adaptive & innate immunity. The adaptive immune system is largely composed of T- & B-cell mediated cellular & antibody responses, while the innate immune system is the body's first line of defense employing leukocytes that are responsible for clearing pathogens and cellular debris and modulating T- & B-cell function. ADX-097, the lead product candidate from Q32's complement inhibitor platform, is a humanized anti-C3d monoclonal antibody fusion protein.

Q32 Bio (Q32 Bio) Headlines

From GuruFocus

Q32 Bio Appoints Lee Kalowski as President & Chief Financial Officer

By PRNewswire • 04-03-2024