Passage Bio Key Executives

This section highlights Passage Bio's key executives, including their titles and compensation details.

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Passage Bio Earnings

This section highlights Passage Bio's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 13, 2025
Time: Before Market
Est. EPS: $-0.24
Status: Unconfirmed

Last Earnings Results

Date: March 04, 2025
EPS: $-0.20
Est. EPS: $-0.21
Revenue: $-

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS

Passage Bio, Inc. (PASG)

Passage Bio, Inc., a genetic medicines company, develops transformative therapies for central nervous system diseases. It develops PBGM01, which utilizes a proprietary, AAVhu68 capsid to deliver to the brain and peripheral tissues a functional GLB1 gene encoding lysosomal acid beta-galactosidase for infantile GM1; PBFT02, which utilizes an AAV1 capsid to deliver to the brain a functional granulin (GRN) and gene encoding progranulin (PGRN) for the treatment of FTD-GRN; and PBKR03, which utilizes a proprietary, AAVhu68 capsid to deliver to the brain and peripheral tissues a functional GALC gene encoding the hydrolytic enzyme galactosylceramidase for infantile Krabbe disease. The company also develops PBML04 for the treatment of metachromatic leukodystrophy; PBAL05 for the treatment of amyotrophic lateral sclerosis; and PBCM06 for the treatment of Charcot-Marie-Tooth Type 2A. Passage Bio, Inc. has a strategic research collaboration with the Trustees of the University of Pennsylvania's Gene Therapy Program; and collaboration agreement, and a development services and clinical supply agreement with Catalent Maryland, Inc. The company was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.

Healthcare Biotechnology

$0.32

Stock Price

$20.01M

Market Cap

60

Employees

Philadelphia, PA

Location

Financial Statements

Access annual & quarterly financial statements for Passage Bio, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $- $- $- $- $-
Cost of Revenue $- $3.72M $3.68M $1.54M $800.00K
Gross Profit $- $-3.72M $-3.68M $-1.54M $-800.00K
Gross Profit Ratio 0.00% - - - -
Research and Development Expenses $40.18M $61.42M $86.05M $117.67M $81.79M
General and Administrative Expenses $24.99M $41.58M $49.34M $60.06M $30.11M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $24.99M $41.58M $49.34M $60.06M $30.11M
Other Expenses $- $5.39M $- $- $-
Operating Expenses $65.17M $108.39M $135.39M $177.73M $111.90M
Cost and Expenses $- $108.39M $135.39M $177.73M $111.90M
Interest Income $- $5.60M $2.27M $343.00K $670.00K
Interest Expense $- $- $2.27M $- $-
Depreciation and Amortization $- $3.72M $3.68M $1.54M $800.00K
EBITDA $-70.40M $-98.34M $-138.39M $-185.73M $-112.90M
EBITDA Ratio - - - - -
Operating Income $-70.40M $-108.39M $-138.39M $-185.73M $-112.90M
Operating Income Ratio - - - - -
Total Other Income Expenses Net $5.63M $6.33M $2.27M $343.00K $670.00K
Income Before Tax $-64.77M $-102.06M $-136.12M $-185.39M $-112.23M
Income Before Tax Ratio - - - - -
Income Tax Expense $- $- $731.00K $6.11M $-470.00K
Net Income $-64.77M $-102.06M $-136.86M $-191.50M $-111.76M
Net Income Ratio - - - - -
EPS $-1.07 $-1.86 $-2.51 $-3.59 $-2.89
EPS Diluted $-1.07 $-1.86 $-2.51 $-3.59 $-2.89
Weighted Average Shares Outstanding 60.41M 54.74M 54.43M 53.34M 38.62M
Weighted Average Shares Outstanding Diluted 60.41M 54.74M 54.43M 53.34M 38.62M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $- $- $- $- $5.91M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cost of Revenue $- $- $800.00K $806.00K $807.00K $1.00M $978.00K $978.00K $946.00K $929.00K $921.00K $883.00K $669.00K $460.00K $203.00K $211.00K $- $- $- $-
Gross Profit $- $- $-800.00K $-806.00K $5.11M $-1.00M $-978.00K $-978.00K $-946.00K $-929.00K $-921.00K $-883.00K $-669.00K $-460.00K $-203.00K $-211.00K $- $- $- $-
Gross Profit Ratio - 0.00% - - 86.35% - - - - - - - - - - - 0.00% 0.00% 0.00% 0.00%
Research and Development Expenses $9.56M $8.66M $10.43M $11.54M $12.16M $15.10M $17.32M $16.84M $17.66M $15.36M $26.82M $26.21M $32.97M $26.62M $33.11M $24.97M $27.93M $20.84M $19.90M $13.12M
General and Administrative Expenses $4.71M $7.25M $6.51M $6.51M $6.29M $8.18M $8.06M $19.05M $10.59M $10.66M $12.99M $15.10M $17.19M $14.98M $15.42M $12.46M $10.12M $7.79M $7.40M $4.79M
Selling and Marketing Expenses $- $- $- $-806.00K $-807.00K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $4.71M $7.25M $6.51M $5.71M $5.48M $8.18M $8.06M $19.05M $10.59M $10.66M $12.99M $15.10M $17.19M $14.98M $15.42M $12.46M $10.12M $7.79M $7.40M $4.79M
Other Expenses $- $4.79M $438.00K $1.34M $1.69M $1.56M $1.53M $1.54M $- $825.00K $270.00K $1.00K $- $- $- $- $- $- $- $-
Operating Expenses $14.27M $20.70M $17.38M $17.24M $17.64M $23.28M $25.39M $35.88M $28.24M $26.03M $39.81M $41.31M $50.16M $41.60M $48.53M $37.43M $38.06M $28.63M $27.30M $17.91M
Cost and Expenses $14.27M $20.70M $17.38M $18.05M $18.45M $23.28M $25.39M $35.88M $28.24M $26.03M $39.81M $41.31M $50.16M $41.60M $48.53M $37.43M $38.06M $28.63M $27.30M $17.91M
Interest Income $- $- $- $- $1.50M $- $1.50K $- $1.17M $825.00K $270.00K $1.00K $6.00K $186.00K $99.00K $52.00K $112.00K $99.00K $132.00K $327.00K
Interest Expense $- $- $- $- $1.54M $- $- $- $1.17M $825.00K $270.00K $1.00K $6.00K $186.00K $99.00K $52.00K $112.00K $99.00K $132.00K $327.00K
Depreciation and Amortization $719.00K $759.00K $797.00K $806.00K $807.00K $1.00M $978.00K $978.00K $946.00K $929.00K $921.00K $883.00K $669.00K $460.00K $203.00K $211.00K $278.00K $275.00K $198.00K $49.00K
EBITDA $-13.55M $-15.15M $-16.14M $-17.24M $-17.64M $-22.32M $-24.41M $-35.88M $-26.12M $-25.10M $-38.89M $-40.43M $-49.49M $-41.14M $-48.33M $-37.22M $-37.78M $-28.36M $-27.11M $-17.86M
EBITDA Ratio - - - - -298.36% - - - - - - - - - - - - - - -
Operating Income $-14.27M $-20.70M $-17.38M $-18.05M $-18.45M $-28.67M $-25.39M $-35.88M $-28.24M $-27.53M $-39.81M $-42.81M $-51.16M $-47.10M $-48.53M $-38.93M $-39.06M $-28.63M $-27.30M $-17.91M
Operating Income Ratio - - - - -312.01% - - - - - - - - - - - - - - -
Total Other Income Expenses Net $1.54M $1.36M $1.39M $1.34M $1.69M $1.56M $1.53M $1.54M $1.17M $825.00K $270.00K $1.00K $6.00K $186.00K $99.00K $52.00K $112.00K $99.00K $132.00K $327.00K
Income Before Tax $-12.72M $-19.34M $-15.99M $-16.71M $-16.76M $-27.11M $-23.86M $-34.34M $-27.07M $-26.70M $-39.54M $-42.81M $-51.15M $-46.91M $-48.44M $-38.88M $-38.94M $-28.53M $-27.17M $-17.59M
Income Before Tax Ratio - - - - -283.46% - - - - - - - - - - - - - - -
Income Tax Expense $- $- $- $-1 $3.48M $-958.00K $-978.00K $-1.54M $-1.17M $-825.00K $-270.00K $-1.00K $-6.00K $-186.00K $-99.00K $2.90M $-112.00K $-99.00K $-132.00K $-654.00K
Net Income $-12.72M $-19.34M $-15.99M $-16.71M $-16.76M $-27.11M $-23.86M $-32.79M $-25.90M $-25.88M $-39.27M $-42.81M $-51.15M $-46.91M $-48.44M $-38.88M $-38.94M $-28.53M $-27.17M $-17.59M
Net Income Ratio - - - - -283.46% - - - - - - - - - - - - - - -
EPS $-0.21 $-0.31 $-0.26 $-0.30 $-0.31 $-0.49 $-0.44 $-0.60 $-0.47 $-0.48 $-0.72 $-0.79 $-0.95 $-0.87 $-0.90 $-0.76 $-0.85 $-0.63 $-0.60 $-1.00
EPS Diluted $-0.21 $-0.31 $-0.26 $-0.30 $-0.31 $-0.49 $-0.44 $-0.60 $-0.47 $-0.48 $-0.72 $-0.79 $-0.95 $-0.87 $-0.90 $-0.76 $-0.85 $-0.63 $-0.60 $-1.00
Weighted Average Shares Outstanding 60.41M 61.76M 61.68M 56.30M 54.94M 54.79M 54.68M 54.62M 54.61M 54.47M 54.39M 54.28M 54.00M 54.00M 53.89M 51.33M 45.61M 45.50M 45.39M 17.62M
Weighted Average Shares Outstanding Diluted 60.41M 61.76M 61.68M 56.30M 54.94M 54.79M 54.68M 54.62M 54.61M 54.47M 54.39M 54.28M 54.00M 54.00M 53.89M 51.33M 45.61M 45.50M 45.39M 17.62M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $37.57M $21.71M $34.60M $128.97M $135.00M
Short Term Investments $39.18M $92.58M $155.01M $186.81M $169.81M
Cash and Short Term Investments $76.76M $114.29M $189.61M $315.77M $304.82M
Net Receivables $- $- $- $- $-
Inventory $- $- $- $- $-
Other Current Assets $2.06M $3.67M $7.43M $9.29M $12.37M
Total Current Assets $78.81M $117.96M $197.04M $325.07M $317.18M
Property Plant Equipment Net $23.13M $32.15M $42.24M $23.81M $2.79M
Goodwill $- $- $- $- $-
Intangible Assets $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $-
Long Term Investments $- $- $- $- $-
Tax Assets $- $- $- $- $-
Other Non-Current Assets $463.00K $433.00K $4.27M $6.20M $5.23M
Total Non-Current Assets $23.60M $32.59M $46.51M $30.01M $8.03M
Other Assets $- $- $- $-0 $2.79M
Total Assets $102.41M $150.54M $243.55M $355.08M $328.01M
Account Payables $742.00K $1.30M $4.07M $9.45M $5.26M
Short Term Debt $3.69M $3.37M $6.55M $- $-
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $14.93M $11.67M $7.74M $20.05M $15.91M
Total Current Liabilities $19.36M $16.34M $18.35M $29.50M $21.18M
Long Term Debt $21.79M $22.92M $23.83M $- $-
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $- $- $- $6.92M $2.12M
Total Non-Current Liabilities $21.79M $22.92M $23.83M $6.92M $2.12M
Other Liabilities $- $- $- $0 $-
Total Liabilities $41.15M $39.26M $42.18M $36.42M $23.29M
Preferred Stock $- $- $- $- $328.01M
Common Stock $6.00K $5.00K $5.00K $5.00K $4.00K
Retained Earnings $-659.24M $-594.47M $-492.41M $-356.28M $-170.90M
Accumulated Other Comprehensive Income Loss $8.00K $-43.00K $-966.00K $-413.00K $-12.00K
Other Total Stockholders Equity $720.48M $705.79M $694.73M $675.35M $475.62M
Total Stockholders Equity $61.26M $111.28M $201.37M $318.66M $304.71M
Total Equity $61.26M $111.28M $201.37M $318.66M $304.71M
Total Liabilities and Stockholders Equity $102.41M $150.54M $243.55M $355.08M $328.01M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $102.41M $150.54M $243.55M $355.08M $328.01M
Total Investments $39.18M $92.58M $155.01M $186.81M $169.81M
Total Debt $25.48M $26.29M $27.11M $- $-
Net Debt $-12.10M $4.58M $-7.49M $-128.97M $-135.00M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $37.57M $32.29M $24.77M $36.77M $21.71M $33.58M $30.29M $33.37M $34.60M $62.57M $91.13M $101.61M $128.97M $162.89M $215.46M $249.52M $135.00M $200.57M $353.42M $366.83M
Short Term Investments $39.18M $52.53M $67.00M $67.75M $92.58M $99.20M $121.19M $134.40M $155.01M $151.19M $148.12M $165.48M $186.81M $191.51M $192.34M $188.07M $169.81M $135.13M $- $-
Cash and Short Term Investments $76.76M $84.83M $91.77M $104.53M $114.29M $132.78M $151.48M $167.77M $189.61M $213.76M $239.25M $267.09M $315.77M $354.40M $407.80M $437.59M $304.82M $335.70M $353.42M $366.83M
Net Receivables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Current Assets $2.06M $2.36M $3.23M $3.77M $3.67M $2.93M $2.15M $3.85M $7.43M $8.77M $11.33M $15.91M $9.29M $12.07M $11.04M $13.36M $12.37M $13.81M $14.81M $15.26M
Total Current Assets $78.81M $87.22M $95.00M $108.29M $117.96M $135.71M $153.62M $171.62M $197.04M $222.52M $250.58M $283.00M $325.07M $366.47M $418.84M $450.95M $317.18M $349.51M $368.23M $382.09M
Property Plant Equipment Net $23.13M $24.07M $29.88M $31.58M $32.15M $33.11M $39.64M $41.19M $42.24M $42.81M $43.62M $44.50M $23.81M $17.77M $13.48M $6.57M $2.79M $915.00K $1.10M $1.14M
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Long Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $463.00K $463.00K $516.00K $662.00K $433.00K $433.00K $433.00K $433.00K $4.27M $4.72M $5.22M $5.72M $6.20M $6.71M $7.21M $7.65M $5.23M $8.27M $8.77M $9.20M
Total Non-Current Assets $23.60M $24.54M $30.39M $32.24M $32.59M $33.55M $40.07M $41.62M $46.51M $47.53M $48.84M $50.22M $30.01M $24.47M $20.69M $14.22M $8.03M $9.18M $9.87M $10.34M
Other Assets $- $- $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $2.79M $- $- $-
Total Assets $102.41M $111.75M $125.39M $140.53M $150.54M $169.26M $193.70M $213.24M $243.55M $270.05M $299.42M $333.22M $355.08M $390.94M $439.52M $465.17M $328.01M $358.69M $378.10M $392.43M
Account Payables $742.00K $1.49M $621.00K $1.69M $1.30M $2.75M $3.38M $3.03M $4.07M $4.51M $8.21M $9.13M $9.45M $8.98M $16.40M $6.25M $5.26M $3.44M $7.21M $2.53M
Short Term Debt $3.69M $3.73M $7.40M $3.67M $6.75M $6.70M $6.65M $6.61M $3.27M $6.50M $6.46M $6.24M $- $- $- $- $- $- $- $-
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Current Liabilities $14.93M $11.73M $4.36M $7.48M $8.30M $10.36M $9.84M $7.60M $11.01M $10.61M $12.46M $12.11M $20.05M $13.27M $14.85M $13.22M $15.91M $15.66M $6.92M $2.70M
Total Current Liabilities $19.36M $16.95M $12.38M $12.84M $16.34M $19.81M $19.87M $17.24M $18.35M $21.62M $27.13M $27.48M $29.50M $22.25M $31.25M $19.47M $21.18M $19.10M $14.13M $5.23M
Long Term Debt $21.79M $22.09M $22.45M $22.81M $22.92M $23.17M $23.41M $23.65M $23.83M $24.04M $24.24M $24.43M $- $- $- $- $- $- $- $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $- $- $- $- $- $- $2.00M $- $- $- $- $6.92M $6.46M $6.01M $4.20M $2.12M $685.00K $567.00K $533.00K
Total Non-Current Liabilities $21.79M $22.09M $22.45M $22.81M $22.92M $23.17M $23.41M $25.65M $23.83M $24.04M $24.24M $24.43M $6.92M $6.46M $6.01M $4.20M $2.12M $685.00K $567.00K $533.00K
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $41.15M $39.04M $34.84M $35.65M $39.26M $42.98M $43.28M $42.89M $42.18M $45.66M $51.37M $51.91M $36.42M $28.71M $37.26M $23.67M $23.29M $19.79M $14.70M $5.76M
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $358.69M $378.10M $392.43M
Common Stock $6.00K $6.00K $6.00K $6.00K $5.00K $5.00K $5.00K $5.00K $5.00K $5.00K $5.00K $5.00K $5.00K $5.00K $5.00K $5.00K $4.00K $4.00K $4.00K $4.00K
Retained Earnings $-659.24M $-646.51M $-627.17M $-611.18M $-594.47M $-577.71M $-550.60M $-526.74M $-492.41M $-465.33M $-438.63M $-399.09M $-356.28M $-305.13M $-258.21M $-209.78M $-170.90M $-131.95M $-103.42M $-76.25M
Accumulated Other Comprehensive Income Loss $8.00K $32.00K $-67.00K $-69.00K $-43.00K $-192.00K $-340.00K $-427.00K $-966.00K $-1.47M $-1.58M $-1.33M $-413.00K $33.00K $19.00K $-7.00K $-12.00K $-40.00K $-378.10M $-392.43M
Other Total Stockholders Equity $720.48M $719.19M $717.79M $716.12M $705.79M $704.17M $701.35M $697.52M $694.73M $691.19M $688.25M $681.73M $675.35M $667.32M $660.46M $651.28M $475.62M $470.89M $844.91M $855.34M
Total Stockholders Equity $61.26M $72.72M $90.56M $104.88M $111.28M $126.28M $150.41M $170.35M $201.37M $224.40M $248.05M $281.31M $318.66M $362.23M $402.27M $441.50M $304.71M $338.90M $363.40M $386.67M
Total Equity $61.26M $72.72M $90.56M $104.88M $111.28M $126.28M $150.41M $170.35M $201.37M $224.40M $248.05M $281.31M $318.66M $362.23M $402.27M $441.50M $304.71M $338.90M $363.40M $386.67M
Total Liabilities and Stockholders Equity $102.41M $111.75M $125.39M $140.53M $150.54M $169.26M $193.70M $213.24M $243.55M $270.05M $299.42M $333.22M $355.08M $390.94M $439.52M $465.17M $328.01M $358.69M $378.10M $392.43M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $102.41M $111.75M $125.39M $140.53M $150.54M $169.26M $193.70M $213.24M $243.55M $270.05M $299.42M $333.22M $355.08M $390.94M $439.52M $465.17M $328.01M $358.69M $378.10M $392.43M
Total Investments $39.18M $52.53M $67.00M $67.75M $92.58M $99.20M $121.19M $134.40M $155.01M $151.19M $148.12M $165.48M $186.81M $191.51M $192.34M $188.07M $169.81M $135.13M $- $-
Total Debt $25.48M $25.82M $26.15M $26.48M $26.29M $26.52M $26.74M $26.95M $27.11M $27.29M $27.47M $27.55M $- $- $- $- $- $- $- $-
Net Debt $-12.10M $-6.47M $1.38M $-10.29M $4.58M $-7.06M $-3.55M $-6.42M $-7.49M $-35.28M $-63.66M $-74.06M $-128.97M $-162.89M $-215.46M $-249.52M $-135.00M $-200.57M $-353.42M $-366.83M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-64.77M $-102.06M $-136.12M $-185.39M $-112.23M
Depreciation and Amortization $3.08M $3.72M $3.68M $1.54M $800.00K
Deferred Income Tax $- $- $- $2.78M $633.00K
Stock Based Compensation $5.82M $10.92M $18.95M $32.69M $14.58M
Change in Working Capital $4.20M $5.34M $-8.49M $11.42M $14.44M
Accounts Receivables $- $- $- $- $-
Inventory $- $- $- $- $-
Accounts Payables $-556.00K $-2.79M $-5.41M $2.20M $4.59M
Other Working Capital $4.76M $8.13M $-3.08M $9.22M $9.85M
Other Non Cash Items $3.71M $3.82M $3.77M $10.07M $1.26M
Net Cash Provided by Operating Activities $-47.96M $-78.26M $-118.21M $-126.88M $-80.52M
Investments in Property Plant and Equipment $-34.00K $-146.00K $-5.27M $-25.64M $-1.65M
Acquisitions Net $- $- $3.00M $8.00M $500.00K
Purchases of Investments $-88.17M $-129.43M $-157.84M $-202.55M $-266.06M
Sales Maturities of Investments $143.15M $194.81M $188.31M $182.37M $95.60M
Other Investing Activities $- $- $-3.00M $-8.00M $-500.00K
Net Cash Used for Investing Activities $54.95M $65.24M $25.20M $-45.81M $-172.11M
Debt Repayment $- $- $- $- $-
Common Stock Issued $8.74M $135.00K $304.00K $166.69M $228.47M
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $132.00K $- $-1.35M $-37.00K $284.00K
Net Cash Used Provided by Financing Activities $8.87M $135.00K $-1.35K $166.66K $228.75M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $15.86M $-12.89M $-94.36M $-6.04M $-23.87M
Cash at End of Period $37.57M $21.71M $34.60M $128.97M $135.00M
Cash at Beginning of Period $21.71M $34.60M $128.97M $135.00M $158.87M
Operating Cash Flow $-47.96M $-78.26M $-118.21M $-126.88M $-80.52M
Capital Expenditure $-34.00K $-146.00K $-5.27M $-25.64M $-1.65M
Free Cash Flow $-47.99M $-78.41M $-123.48M $-152.52M $-82.17M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $-12.72M $-19.34M $-15.99M $-16.71M $-16.76M $-27.11M $-23.86M $-34.34M $-27.07M $-26.70M $-39.54M $-42.81M $-51.15M $-46.91M $-48.44M $-38.88M $-38.94M $-28.53M $-27.17M $-17.59M
Depreciation and Amortization $719.00K $-403.00K $797.00K $806.00K $807.00K $958.00K $978.00K $978.00K $946.00K $929.00K $921.00K $883.00K $669.00K $460.00K $203.00K $211.00K $278.00K $275.00K $198.00K $49.00K
Deferred Income Tax $- $- $- $- $-4.66M $11.28M $8.06M $- $- $- $- $- $- $889.00K $498.00K $848.00K $586.00K $47.00K $- $-
Stock Based Compensation $1.25M $1.40M $1.58M $1.59M $1.57M $2.82M $3.74M $2.78M $3.48M $2.86M $6.28M $6.34M $7.58M $6.82M $8.56M $9.74M $4.32M $4.03M $3.85M $2.37M
Change in Working Capital $2.68M $3.84M $339.00K $-4.17M $-4.29M $-906.00K $2.30M $8.23M $-940.00K $-2.04M $5.98M $-11.49M $10.13M $-8.26M $13.04M $-3.49M $3.21M $6.53M $11.37M $-6.67M
Accounts Receivables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Accounts Payables $-747.00K $868.00K $-1.07M $389.00K $-1.47M $-634.00K $357.00K $-1.04M $-433.00K $-3.74M $-280.00K $-957.00K $116.00K $-7.79M $9.28M $592.00K $1.78M $-3.72M $6.19M $331.00K
Other Working Capital $3.43M $2.97M $1.41M $-4.56M $-2.81M $-272.00K $1.95M $9.27M $-507.00K $1.70M $6.26M $-10.54M $10.02M $-473.00K $3.75M $-4.08M $1.43M $10.24M $5.18M $-7.00M
Other Non Cash Items $-365.00K $7.06M $141.00K $2.37M $3.81M $-6.21M $-8.37M $-98.00K $-433.00K $1.55M $276.00K $2.38M $2.00M $5.96M $1.81M $853.00K $1.12M $119.00K $35.00K $-15.00K
Net Cash Provided by Operating Activities $-8.44M $-7.45M $-13.14M $-18.93M $-19.52M $-19.16M $-17.14M $-22.45M $-24.02M $-23.39M $-26.08M $-44.71M $-30.77M $-41.06M $-24.33M $-30.72M $-29.42M $-17.53M $-11.71M $-21.85M
Investments in Property Plant and Equipment $-14.00K $-20.00K $- $- $-13.00K $-4.00K $-103.00K $-26.00K $-474.00K $-1.74M $-831.00K $-2.23M $-7.32M $-11.51M $-5.51M $-1.30M $-1.30M $-149.00K $-94.00K $-99.00K
Acquisitions Net $- $- $- $- $-7.61K $-22.45K $-14.07K $-21.24K $3.00M $4.51K $-16.84K $1.50M $8.00M $5.50M $1.50M $500.00K $-96.10M $- $- $-
Purchases of Investments $-15.58M $-21.77M $-37.02M $-13.81M $-27.79M $-28.11M $-22.13M $-51.40M $-41.53M $-57.43M $-21.47M $-37.40M $-32.69M $-37.71M $-71.82M $-60.33M $-130.84M $-135.22M $- $-
Sales Maturities of Investments $29.27M $36.76M $38.06M $39.06M $35.41M $50.57M $36.20M $72.64M $38.65M $54.41M $38.31M $56.94M $36.40M $37.67M $67.08M $41.23M $95.60M $- $- $-
Other Investing Activities $- $- $- $25.25K $7.61K $22.45K $14.07K $21.24K $-3.00M $-4.51K $16.84K $-1.50M $-8.00M $-5.50M $-1.50M $-500.00K $96.10M $-135.22M $- $-
Net Cash Used for Investing Activities $13.68M $14.97M $1.05M $25.25M $7.60M $22.45M $13.97M $21.22M $-3.36M $-4.76M $16.00M $17.31M $-3.60M $-11.55M $-10.26M $-20.40M $-36.55M $-135.37M $-94.00K $-99.00K
Debt Repayment $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Issued $- $-50.00K $50.00K $8.74M $46.00K $- $89.00K $- $61.00K $79.00K $243.00K $49.00K $383.00K $44.00K $505.00K $165.81M $284.00K $- $-1.64M $229.90M
Common Stock Repurchased $- $50.00K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-1.60K $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $47.00K $- $35.00K $- $- $- $- $- $-649.00K $-408.00K $-406.00K $49.00K $72.00K $44.00K $18.00K $-171.00K $118.00K $44.00K $46.00K $-
Net Cash Used Provided by Financing Activities $47.00K $- $85.00K $8.74M $46.00K $- $89.00K $- $-588 $-408 $-406 $49 $455 $44 $523 $165.63K $402.00K $44.00K $-1.60M $229.90M
Effect of Forex Changes on Cash $- $- $- $- $-11.45M $- $11.45M $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $5.28M $7.52M $-12.00M $15.06M $-11.87M $3.29M $-3.08M $-1.23M $-27.97M $-28.56M $-10.48M $-27.35M $-33.92M $-52.57M $-34.06M $114.52M $-65.57M $-152.85M $-13.40M $207.95M
Cash at End of Period $37.57M $32.29M $24.77M $36.77M $21.71M $33.58M $30.29M $33.37M $34.60M $62.57M $91.13M $101.61M $128.97M $162.89M $215.46M $249.52M $135.00M $200.57M $353.42M $366.83M
Cash at Beginning of Period $32.29M $24.77M $36.77M $21.71M $33.58M $30.29M $33.37M $34.60M $62.57M $91.13M $101.61M $128.97M $162.89M $215.46M $249.52M $135.00M $200.57M $353.42M $366.83M $158.87M
Operating Cash Flow $-8.44M $-7.45M $-13.14M $-18.93M $-19.52M $-19.16M $-17.14M $-22.45M $-24.02M $-23.39M $-26.08M $-44.71M $-30.77M $-41.06M $-24.33M $-30.72M $-29.42M $-17.53M $-11.71M $-21.85M
Capital Expenditure $-14.00K $-20.00K $- $- $-13.00K $-4.00K $-103.00K $-26.00K $-474.00K $-1.74M $-831.00K $-2.23M $-7.32M $-11.51M $-5.51M $-1.30M $-1.30M $-149.00K $-94.00K $-99.00K
Free Cash Flow $-8.46M $-7.47M $-13.14M $-18.93M $-19.53M $-19.17M $-17.24M $-22.47M $-24.50M $-25.14M $-26.91M $-46.94M $-38.09M $-52.57M $-29.84M $-32.02M $-30.73M $-17.68M $-11.81M $-21.95M

Passage Bio Dividends

Explore Passage Bio's dividend history, including dividend yield, payout ratio, and historical payments.

Passage Bio does not currently pay a dividend.

Passage Bio News

Read the latest news about Passage Bio, including recent articles, headlines, and updates.

Passage Bio (PASG) Upgraded to Buy: Here's What You Should Know

Passage Bio (PASG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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Passage Bio Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Recent Business Highlights

Interim data from Dose 1 PBFT02 demonstrated durable, elevated CSF PGRN and early evidence of reduction in plasma NfL levels, a disease progression biomarker, as compared to published natural history Enrolled first FTD-GRN patient to be treated with Dose 2 PBFT02, 50% lower than Dose 1 Expect to report 12-month data from Dose 1 and interim safety and biomarker data from Dose 2 in 2H 2025; plan to seek regulatory feedback on FTD-GRN pivotal trial design in 1H 2026 Extended cash runway into 1Q 2027 PHILADELPHIA, March 04, 2025 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today reported financial results for the fourth quarter and year ended December 31, 2024, and provided recent business highlights. “We are pleased to report strong performance in 2024 as we meaningfully advanced our PBFT02 program, delivering promising data in FTD-GRN patients showing robust, durable progranulin expression and early evidence of improvement in a disease progression biomarker.

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Passage Bio to Participate in Upcoming Investor Conferences

PHILADELPHIA, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced management will participate in the following upcoming investor conferences:

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Passage Bio Announces Interim Data from upliFT-D Study in FTD-GRN and Provides Business Updates

PBFT02 demonstrated durable, elevated CSF PGRN levels and early evidence of reduction in plasma NfL levels, a disease progression biomarker, compared to published natural history data

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Passage Bio assumed with an Outperform at Wedbush

Wedbush assumed coverage of Passage Bio with an Outperform rating and price target of $4, up from $3. Market sentiment may be different from the days when an extensive gene therapy pipeline of four programs and additional options to license IND-enabling research from UPenn supported Passage's upsized IPO, but the current valuation looks to be a "deep discount" compared to the potential that PBFT02 for frontotemporal dementia can achieve, the analyst tells investors.

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Passage Bio to Present at Guggenheim Securities Healthcare Innovation Conference

PHILADELPHIA , Nov. 06, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced that Will Chou, M.D., president and chief executive officer, will present at Guggenheim Securities Healthcare Innovation Conference on Wednesday, November 13, 2024 at 2:30 p.m. ET.

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Passage Bio Presents Preclinical and Interim Clinical Data for PBFT02 in FTD-GRN at the European Society of Gene & Cell Therapy (ESGCT) 31st Annual Conference

Preclinical data demonstrated that an AAV1 vector achieved superior human progranulin levels in the CSF as compared to AAV5 and AAVhu68 (an AAV9 variant)

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Passage Bio to Present at Chardan's 8th Annual Genetic Medicines Conference

PHILADELPHIA, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced that Will Chou, M.D., president and chief executive officer, will present at Chardan's 8th Annual Genetic Medicines Conference on Tuesday, October 1, 2024 at 8:30 a.m. ET.

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Passage Bio Welcomes Tom Kassberg to Board of Directors

PHILADELPHIA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced the appointment of Tom Kassberg to the Board of Directors and his appointment to the Audit Committee. Mr. Kassberg is currently Chief Business Officer and Executive Vice President at Ultragenyx, a biopharmaceutical company committed to bringing novel therapies to patients for the treatment of serious rare and ultrarare genetic diseases.

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Passage Bio to Present at H.C. Wainwright 26th Annual Global Investment Conference

PHILADELPHIA, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced that Will Chou, M.D., president and chief executive officer, will present at the H.C. Wainwright 26th Annual Global Investment Conference on Monday, September 9, 2024 at 7:00 a.m. ET.

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Passage Bio Reports Second Quarter 2024 Financial Results and Provides Recent Business Highlights

Enrolled first FTD-GRN patient in Cohort 2 in upliFT-D trial Plan to present updated safety and biomarker data from Cohort 1 FTD-GRN patients treated with PBFT02 at 14th International Conference on Frontotemporal Dementias (ISFTD2024) in September 2024 Achieved alignment with Food and Drug Administration (FDA) on the company's proposed clinical development plans to expand the upliFT-D trial to assess PBFT02 in FTD patients with C9orf72 gene mutations Completed out-licensing of pediatric lysosomal storage disease programs to GEMMA Biotherapeutics Strong balance sheet to support continued execution, with cash runway to fund operations extended to the end of Q2 2026 PHILADELPHIA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today reported financial results for the second quarter ended June 30, 2024 and provided recent business highlights. “This has been a pivotal quarter for our company, marked by significant momentum in our upliFT-D trial, increased clarity around our strategy to expand PBFT02 into additional adult neurodegenerative indications, and out-licensing of our pediatric lysosomal storage disorder programs,” said Will Chou, M.D.

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Passage Bio Out-licenses Three Pediatric Gene Therapy Programs to GEMMA Biotherapeutics and Enters New Research Collaboration

Granted exclusive, worldwide rights for the development and commercialization of PBGM01 for GM1 gangliosidosis, PBKR03 for Krabbe disease, and PBML04 for metachromatic leukodystrophy to GEMMA Biotherapeutics, a new company co-founded by Dr. James M. Wilson

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Passage Bio Announces Positive Feedback from FDA on Expansion of upliFT-D Trial of PBFT02 to Include FTD-C9orf72 Patients

Agency feedback from Type C meeting process supports the company's proposed clinical development plans to expand the upliFT-D trial to assess PBFT02 in FTD patients with C9orf72 gene mutations

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Passage Bio (PASG) Loses -22.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Passage Bio (PASG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

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Passage Bio to Present at Goldman Sachs 45th Annual Global Healthcare Conference

PHILADELPHIA, June 05, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced that William Chou, M.D., president and chief executive officer, will present at the Goldman Sachs 45th Annual Global Healthcare Conference on Wednesday, June 12, 2024 at 4:00 p.m. ET.

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Passage Bio Announces Recipient of Third Annual Tachi Yamada Scholarship Award

PHILADELPHIA, May 21, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced Carrie Gordon, a sophomore at Drexel University, as the third recipient of its Tachi Yamada Scholarship award.

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All You Need to Know About Passage Bio (PASG) Rating Upgrade to Buy

Passage Bio (PASG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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Passage Bio Reports First Quarter 2024 Financial Results and Provides Recent Business Highlights

PHILADELPHIA, May 14, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today reported financial results for the first quarter ended March 31, 2024 and provided recent business highlights.

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Passage Bio to Present at Chardan's 8th Annual Genetic Medicines and Cell Therapy Manufacturing Summit

PHILADELPHIA, April 22, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced that William Chou, M.D., president and chief executive officer, and Eden Fucci, senior vice president of technical operations, will participate in a virtual fireside chat at Chardan's 8th Annual Genetic Medicines and Cell Therapy Manufacturing Summit on Monday, April 29, 2024 at 9:00 a.m. ET.

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Passage Bio, Inc. (PASG) Is Up 24.26% in One Week: What You Should Know

Does Passage Bio, Inc. (PASG) have what it takes to be a top stock pick for momentum investors? Let's find out.

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Passage Bio Reports Fourth Quarter and Full-Year 2023 Financial Results and Provides Recent Business Highlights

PHILADELPHIA, March 04, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today reported financial results for the fourth quarter and year ended December 31, 2023 and provided recent business highlights.

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Passage Bio to Participate in Upcoming Investor Conferences

PHILADELPHIA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced that management will participate in the following upcoming investor conferences:

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7 Analyst-Backed Stocks With Promising 10-Bagger Potential

Stay on the Internet long enough – and it won't take too long, believe me – and you'll come across voices that blast the virtues of analyst-backed stocks. Ranging anywhere from legitimate concerns to outright conspiracy theories, the suits on Wall Street don't always get the love from retail investors.

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Passage Bio to Present at Guggenheim Healthcare Talks 6th Annual Biotechnology Conference

PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced that William Chou, M.D., president and chief executive officer, will participate in a fireside chat at Guggenheim Healthcare Talks 6th Annual Biotechnology Conference on Thursday, February 8, 2024 at 10:00 a.m. ET.

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7 Nano-Cap Stocks That Pack a Serious Punch for Their Weight

Playing in the field of nano-cap stocks is similar to the concept of stealing bases. In a tight baseball game, every advantage counts.

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Passage Bio Announces Promising Initial Data From Phase 1/2 Clinical Trial of PBFT02 in FTD-GRN and Updated Strategic Priorities

PHILADELPHIA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases, today announced initial safety and biomarker data from three Cohort 1 patients in the ongoing global Phase 1/2 upliFT-D clinical trial evaluating PBFT02, an adeno-associated virus (AAV)-delivery gene therapy for the treatment of patients with frontotemporal dementia (FTD) with granulin (GRN) mutations. FTD is a form of early onset dementia with no approved disease-modifying therapies. Additionally, the company shared updated strategic priorities aimed at further optimizing its portfolio for the treatment of neurodegenerative conditions.

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Passage Bio Announces Inducement Grant Under Nasdaq Listing Rule 5635(C)(4)

PHILADELPHIA, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical-stage genetic medicines company focused on developing transformative therapies for central nervous system (CNS) disorders, today announced it has granted an inducement award to a new employee.

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Passage Bio Reports Third Quarter 2023 Financial Results and Provides Recent Business Highlights

PHILADELPHIA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical-stage genetic medicines company focused on developing transformative therapies for central nervous system (CNS) disorders, today reported financial results for the third quarter ended September 30, 2023, and provided recent business highlights.

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Passage Bio to Present at Guggenheim's 5th Annual Inflammation, Neurology & Immunology Conference

PHILADELPHIA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (NASDAQ: PASG), a clinical stage genetic medicines company focused on developing transformative therapies for central nervous system (CNS) disorders, today announced that William Chou, M.D., president and chief executive officer, will participate in a fireside chat at Guggenheim's 5th Annual Inflammation, Neurology & Immunology Conference on Monday, November 6, 2023 at 2:30 p.m. ET.

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Passage Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

PHILADELPHIA, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Passage Bio, Inc. (Nasdaq: PASG), a clinical-stage genetic medicines company focused on developing transformative therapies for central nervous system (CNS) disorders, today announced it has granted inducement awards to new employees.

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Related Metrics

Explore detailed financial metrics and analysis for PASG.