Mustang Bio Inc
NASDAQ:MBIO
Income Statement
Earnings Waterfall
Mustang Bio Inc
Income Statement
Mustang Bio Inc
| Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
5
|
4
|
3
|
3
|
0
|
0
|
0
|
1
|
2
|
3
|
4
|
6
|
5
|
4
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(3)
|
(4)
|
(11)
|
(14)
|
(18)
|
(24)
|
(32)
|
(35)
|
(34)
|
(35)
|
(31)
|
(35)
|
(40)
|
(42)
|
(46)
|
(48)
|
(52)
|
(52)
|
(57)
|
(60)
|
(61)
|
(67)
|
(67)
|
(71)
|
(75)
|
(77)
|
(76)
|
(73)
|
(68)
|
(61)
|
(50)
|
(38)
|
(32)
|
(21)
|
(12)
|
(11)
|
(3)
|
(2)
|
|
| Selling, General & Administrative |
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(9)
|
(11)
|
(11)
|
(11)
|
(8)
|
(7)
|
(7)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(7)
|
(7)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
| Research & Development |
(2)
|
(2)
|
(9)
|
(9)
|
(13)
|
(15)
|
(20)
|
(23)
|
(23)
|
(27)
|
(24)
|
(28)
|
(31)
|
(33)
|
(36)
|
(38)
|
(42)
|
(42)
|
(46)
|
(48)
|
(48)
|
(54)
|
(54)
|
(58)
|
(61)
|
(62)
|
(61)
|
(59)
|
(55)
|
(49)
|
(39)
|
(29)
|
(23)
|
(14)
|
0
|
(3)
|
1
|
1
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(4)
|
0
|
0
|
|
| Operating Income |
(3)
N/A
|
(4)
-30%
|
(11)
-160%
|
(14)
-22%
|
(18)
-33%
|
(24)
-29%
|
(32)
-33%
|
(35)
-10%
|
(34)
+1%
|
(35)
-2%
|
(31)
+11%
|
(35)
-11%
|
(40)
-14%
|
(42)
-6%
|
(46)
-10%
|
(48)
-4%
|
(52)
-8%
|
(52)
-1%
|
(57)
-9%
|
(60)
-6%
|
(61)
-1%
|
(67)
-11%
|
(67)
+1%
|
(71)
-7%
|
(75)
-5%
|
(77)
-2%
|
(76)
+1%
|
(73)
+4%
|
(68)
+6%
|
(61)
+10%
|
(50)
+18%
|
(38)
+24%
|
(32)
+17%
|
(21)
+32%
|
(12)
+43%
|
(11)
+8%
|
(3)
+77%
|
(2)
+33%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(4)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(5)
|
(4)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(1)
|
(3)
|
(4)
|
0
|
(1)
|
(1)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(4)
N/A
|
(5)
-31%
|
(13)
-163%
|
(15)
-18%
|
(19)
-29%
|
(24)
-26%
|
(31)
-28%
|
(34)
-10%
|
(34)
+1%
|
(34)
-2%
|
(31)
+11%
|
(34)
-11%
|
(39)
-16%
|
(42)
-7%
|
(46)
-11%
|
(49)
-5%
|
(53)
-9%
|
(56)
-5%
|
(60)
-8%
|
(63)
-5%
|
(63)
+0%
|
(67)
-6%
|
(66)
+1%
|
(71)
-7%
|
(76)
-7%
|
(78)
-3%
|
(78)
+1%
|
(74)
+4%
|
(72)
+4%
|
(63)
+12%
|
(52)
+17%
|
(40)
+23%
|
(32)
+20%
|
(23)
+27%
|
(16)
+32%
|
(11)
+33%
|
(3)
+69%
|
(2)
+29%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(4)
|
(5)
|
(13)
|
(15)
|
(19)
|
(24)
|
(31)
|
(34)
|
(34)
|
(34)
|
(31)
|
(34)
|
(39)
|
(42)
|
(46)
|
(49)
|
(53)
|
(56)
|
(60)
|
(63)
|
(63)
|
(67)
|
(66)
|
(71)
|
(76)
|
(78)
|
(78)
|
(74)
|
(72)
|
(63)
|
(52)
|
(40)
|
(32)
|
(23)
|
(16)
|
(11)
|
(3)
|
(2)
|
|
| Net Income (Common) |
(4)
N/A
|
(5)
-31%
|
(13)
-163%
|
(15)
-18%
|
(19)
-29%
|
(24)
-26%
|
(31)
-28%
|
(34)
-10%
|
(34)
+1%
|
(34)
-2%
|
(31)
+11%
|
(34)
-11%
|
(39)
-16%
|
(42)
-7%
|
(46)
-11%
|
(49)
-5%
|
(53)
-9%
|
(56)
-5%
|
(60)
-8%
|
(63)
-5%
|
(63)
+0%
|
(67)
-6%
|
(66)
+1%
|
(71)
-7%
|
(76)
-7%
|
(78)
-3%
|
(78)
+1%
|
(74)
+4%
|
(72)
+4%
|
(63)
+12%
|
(52)
+17%
|
(40)
+23%
|
(32)
+20%
|
(23)
+27%
|
(16)
+32%
|
(11)
+33%
|
(3)
+69%
|
(2)
+29%
|
|
| EPS (Diluted) |
-2.18
N/A
|
-2.86
-31%
|
-7.53
-163%
|
-8.89
-18%
|
-11.51
-29%
|
-13.99
-22%
|
-18.58
-33%
|
-19.52
-5%
|
-18.77
+4%
|
-19.05
-1%
|
-17.07
+10%
|
-18.24
-7%
|
-16.23
+11%
|
-15.77
+3%
|
-964.85
-6 018%
|
-869.19
+10%
|
-880.22
-1%
|
-728.58
+17%
|
-855.96
-17%
|
-588.31
+31%
|
-538.58
+8%
|
-550.85
-2%
|
-566.39
-3%
|
-545.53
+4%
|
-553.4
-1%
|
-551.97
+0%
|
-562.17
-2%
|
-459.75
+18%
|
-440.23
+4%
|
-383.16
+13%
|
-302.18
+21%
|
-178.18
+41%
|
-69.33
+61%
|
-31.78
+54%
|
-26.24
+17%
|
-3.74
+86%
|
-0.81
+78%
|
-0.37
+54%
|
|