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Tourmaline Bio (Tourmaline Bio) Beginning Cash Position : $140.95 Mil (As of Mar. 2024)


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What is Tourmaline Bio Beginning Cash Position?

Tourmaline Bio's Beginning Cash Position for the quarter that ended in Mar. 2024 was $140.95 Mil.

Tourmaline Bio's quarterly Beginning Cash Position declined from Sep. 2023 ($92.50 Mil) to Dec. 2023 ($61.89 Mil) but then increased from Dec. 2023 ($61.89 Mil) to Mar. 2024 ($140.95 Mil).

Tourmaline Bio's annual Beginning Cash Position increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.15 Mil) and increased from Dec. 2022 ($0.15 Mil) to Dec. 2023 ($8.47 Mil).

Tourmaline Bio Beginning Cash Position Historical Data

The historical data trend for Tourmaline Bio's Beginning 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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Tourmaline Bio Beginning Cash Position Chart

Tourmaline Bio Annual Data
Trend Dec21 Dec22 Dec23
Beginning Cash Position
- 0.15 8.47

Tourmaline Bio Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only 8.47 4.66 92.50 61.89 140.95

Tourmaline Bio Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Tourmaline Bio Beginning Cash Position Related Terms

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Tourmaline Bio (Tourmaline Bio) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tourmaline Bio Inc (NAS:TRML) » Definitions » Beginning Cash Position
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Traded in Other Exchanges
N/A
Address
27 West 24th Street, Suite 702, New York, NY, USA, 10010
Website
https://www.tourmalinebio.com
Tourmaline Bio Inc is a late-stage clinical biotechnology company driven by its mission to develop transformative medicines that dramatically improve the lives of patients with life-altering immune diseases. Its initial product candidate is TOUR006, a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. The anti-IL-6 and anti-IL-6 receptor (IL-6R) antibody class (IL-6 class) has over two decades of clinical and commercial experience treating over a million patients with a variety of autoimmune and inflammatory diseases.