Microcap Ledger

Tickers · $CABA

Cabaletta Bio, Inc. $CABA

By Microcap Ledger desk · CIK 0001759138

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Select Market
Sector
Biological Products, (No Diagnostic Substances)
Headquarters
Philadelphia, PA
Fiscal year end
December 31
Shares outstanding
169,545,445 [10-Q 2026-08-13]
as of 2026-08-07

Sources: [10-K 2026-03-23]

What the company doesAI summary of filing

Cabaletta Bio is a late clinical-stage biotechnology company developing engineered T cell therapies for autoimmune diseases. The company's lead product candidate, resecabtagene autoleucel (rese-cel), is a CD19-targeting CAR T cell therapy designed to deplete B cells and reset the immune system, currently being evaluated in Phase 1/2 trials across multiple autoimmune indications including systemic lupus erythematosus, myositis, systemic sclerosis, myasthenia gravis, and pemphigus vulgaris. Cabaletta is pre-revenue and plans to generate revenue through the commercial sale of rese-cel if regulatory approval is obtained; the company has incurred significant losses since inception and states it anticipates continuing to incur significant losses for the foreseeable future while it advances clinical development and seeks regulatory approval. [10-K 2026-03-23]

Segments: Rese-cel (resecabtagene autoleucel) for systemic lupus erythematosus, Rese-cel for myositis, Rese-cel for systemic sclerosis, Rese-cel for myasthenia gravis and pemphigus vulgaris

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$94.53M −$84.08M$225.10M[10-Q 2026-08-13]
FY ended Dec 2025—−$167.86M −$131.08M$82.98M[DEF 14A 2026-04-28]
FY ended Dec 2024—−$115.86M −$88.22M$163.96M[DEF 14A 2026-04-28]
Quarterly cash burn
−$42.04M
Cash runway Estimate
~16.1 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-0848,877,164[10-Q 2024-11-14]
2025-03-2750,743,101[10-K 2025-03-31]
2025-05-0950,743,101[10-Q 2025-05-15]
2025-08-0191,465,233[10-Q 2025-08-07]
2025-10-3196,265,204[10-Q 2025-11-10]
2026-03-19111,322,671[10-K 2026-03-23]
2026-05-07163,054,796[10-Q 2026-05-14]
2026-08-07169,545,445[10-Q 2026-08-13]
Shelf registration
S-3 filed 2025-08-07; declared effective 2025-08-15 [S-3 2025-08-07]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.