CRGX (Cargo Therapeutics) Accumulated Depreciation : $-4.29 Mil (As of Dec. 2024)

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What is Cargo Therapeutics Accumulated Depreciation?

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

Cargo Therapeutics's quarterly accumulated depreciation increased from Jun. 2024 ($-3.08 Mil) to Sep. 2024 ($-3.51 Mil) and increased from Sep. 2024 ($-3.51 Mil) to Dec. 2024 ($-4.29 Mil).

Cargo Therapeutics's annual accumulated depreciation increased from Dec. 2022 ($-0.42 Mil) to Dec. 2023 ($-1.91 Mil) and increased from Dec. 2023 ($-1.91 Mil) to Dec. 2024 ($-4.29 Mil).

Cargo Therapeutics Accumulated Depreciation Historical Data

The historical data trend for Cargo Therapeutics'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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Cargo Therapeutics Accumulated Depreciation Chart

Cargo Therapeutics Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

-0.02

-0.42

-1.91

-4.29

Cargo Therapeutics Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial						-1.91	-2.47	-3.08	-3.51	-4.29

Cargo Therapeutics 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.

Cargo Therapeutics Accumulated Depreciation Related Terms

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Cargo Therapeutics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Cargo Therapeutics Inc (NAS:CRGX) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

835 Industrial Road, Suite 400, San Carlos, CA, USA, 94070

Website

https://www.cargo-tx.com

Cargo Therapeutics Inc is a clinical-stage biotechnology company positioned to advance next generation, potentially curative cell therapies for cancer patients. It programs, platforms, and manufacturing are designed to directly address the limitations of approved chimeric antigen receptor (CAR) T-cell therapies. Its product includes CRG-023, an investigational tri-specific CAR T designed to address several known causes of relapse associated with existing CAR T-cell therapies such as loss of tumor antigen expression, loss of co-stimulation (e.g., via CD58/CD2 signaling) and T cell exhaustion. CRG-023 is designed to target the B-cell lineage antigens (CD19, CD20, CD22) via tri-cistronic expression of three distinct CARs from a single lentiviral vector.