Instil Bio, Inc.
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $5.5M | $5.0M | $6.6M | $5.8M | $7.7M | $15.4M | $8.8M | $6.7M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $71.6M | $188.3M | $191.4M | $196.3M | $207.4M | $219.3M | $124.5M | $132.6M |
| Property, Plant & Equipment | $111.8M | $112.0K | $126.0K | $138.0K | $150.0K | $162.0K | $129.4M | $130.1M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $197.7M | $200.4M | $203.5M | $211.8M | $231.0M | $237.4M | $263.6M | $272.6M |
| Liabilities | ||||||||
| Accounts Payable | $795.0K | $793.0K | $779.0K | $928.0K | $523.0K | $286.0K | $659.0K | $1.2M |
| Total Current Liabilities | $3.3M | $4.7M | $4.8M | $5.7M | $13.9M | $7.2M | $7.9M | $10.3M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $90.3M | $89.7M | $89.7M | $91.3M | $99.3M | $92.5M | $94.1M | $96.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-735.0M | $-730.7M | $-726.5M | $-718.3M | $-704.7M | $-683.3M | $-655.1M | $-643.2M |
| Total Stockholders' Equity | $107.4M | $110.7M | $113.9M | $120.4M | $131.7M | $144.9M | $169.4M | $176.3M |