Microcap Ledger

Tickers · $JBIO

Jade Biosciences, Inc. $JBIO

By Microcap Ledger desk · CIK 0001798749

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

Snapshot

Exchange
Nasdaq Capital Market
Sector
Pharmaceutical Preparations
Headquarters
Waltham, MA
Fiscal year end
December 31
Shares outstanding
63,597,387 [10-Q 2026-08-10]
as of 2026-08-03

Sources: [10-K 2026-03-06]

What the company doesAI summary of filing

Jade Biosciences is a clinical-stage biopharmaceutical company developing monoclonal antibody therapies for autoimmune diseases. The company's lead candidate, JADE101, targets APRIL to treat IgA nephropathy and entered Phase 1 testing in healthy volunteers in August 2025; JADE201 targets BAFF-R for multiple autoimmune disorders and is planned to enter Phase 1 testing in rheumatoid arthritis patients in the second quarter of 2026; and JADE301 targets an undisclosed pathway with Phase 1 planned for the first half of 2027. The company is pre-revenue and generates no current income, instead incurring research and development costs through agreements with Paragon Therapeutics for antibody discovery and with WuXi Biologics for manufacturing and development services. [10-K 2026-03-06]

Segments: JADE101 (anti-APRIL monoclonal antibody), JADE201 (anti-BAFF-R monoclonal antibody), JADE301 (undisclosed target monoclonal antibody)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$96.13M −$67.74M$107.25M[10-Q 2026-08-10]
FY ended Dec 2025—−$127.41M −$94.69M$88.44M[10-K 2026-03-06]
FY ended Dec 2024—−$69.63M −$71.20M$69.39M[10-K 2025-03-27]
Quarterly cash burn
−$33.87M
Cash runway Estimate
~9.5 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
2024-11-0828,874,513[10-Q 2024-11-12]
2025-03-2428,985,019[10-K 2025-03-27]
2025-04-2428,985,019[10-Q 2025-04-25]
2025-08-0832,626,730[10-Q 2025-08-13]
2025-11-0746,004,205[10-Q 2025-11-14]
2026-02-2849,316,287[10-K 2026-03-06]
2026-05-0149,359,875[10-Q 2026-05-07]
2026-08-0363,597,387[10-Q 2026-08-10]
Shelf registration
S-3 filed 2026-05-07; declared effective 2026-05-15 [S-3 2026-05-07]

Listing status

Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2024-10-17. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2024-10-178-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2024-10-17]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-02-12Dahms Bradford D.grant37,813—[4 2026-02-13]
2026-02-12Balta Elizabethgrant28,125—[4 2026-02-13]

Catalysts and calendar

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