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    INAB

    IN8BIO, INC.

    Company overview

    Market capitalization
    $12.22M
    Employees
    18
    Latest publication
    2026-09-29
    About IN8BIO, INC.

    IN8bio, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of gamma-delta T cell product candidates for the treatment of cancer and autoimmune diseases. Its lead product candidates include INB-400, which is in Phase 2 clinical trial to treat newly diagnosed glioblastoma (GBM); INB-200, a genetically modified autologous gamma-delta T cell product candidate that is in Phase I clinical trial for the treatment of GBM; and INB-100, an allogeneic product candidate, which is in Phase I clinical trial to treat patients with hematologic malignancies undergoing hematopoietic stem cell transplantation. The company also develops INB-619, a gamma-delta TCE targeting CD19 for both oncology and autoimmune diseases; INB-300, a nsCAR-enabled DeltEx product candidates targeting difficult liquid tumors and extracranial solid tumors; INB-500, an induced pluripotent stem cell derived gamma-delta T cells that are in preclinical phase for treatment of cancer; and INB-600, a gamma-Delta T cell engager. In addition, it is developing INB-619, a gamma-delta TCE targeting CD19 for potential applications in both oncology and autoimmune diseases. The company was formerly known as Incysus Therapeutics, Inc. and changed its name to IN8bio, Inc. in August 2020. IN8bio, Inc. was incorporated in 2016 and is headquartered in New York, New York.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Total Revenue0USD0USD0USD0USD0USD2,526,000USD0USD0USD
    Cost Of Revenue500,000USD1,173,000USD—498,000USD429,000USD1,263,000USD690,000USD631,000USD
    Gross Profit-500,000USD-1,173,000USD—-498,000USD-429,000USD-702,000USD-690,000USD-631,000USD
    Research Development2,613,000USD2,648,000USD2,104,000USD2,487,000USD2,972,000USD3,594,000USD3,309,000USD5,156,000USD
    Selling General Administrative2,653,000USD2,385,000USD1,863,000USD2,714,000USD2,688,000USD2,630,000USD2,732,000USD3,533,000USD
    Total Operating Expenses4,766,000USD4,942,000USD3,854,000USD5,094,000USD5,550,000USD6,160,000USD7,086,000USD8,629,000USD
    Operating Income-5,266,000USD-4,942,000USD-3,854,000USD-5,094,000USD-5,550,000USD-6,160,000USD-7,086,000USD-8,629,000USD
    Interest Income176,000USD91,000USD113,000USD107,000USD110,000USD64,000USD23,000USD60,000USD
    Net Interest Income176,000USD91,000USD113,000USD107,000USD110,000USD64,000USD23,000USD60,000USD
    Income Before Tax-5,090,000USD-4,942,000USD-3,854,000USD-5,094,000USD-5,550,000USD-6,160,000USD-7,086,000USD-8,629,000USD
    Net Income-5,090,000USD-4,942,000USD-3,854,000USD-5,094,000USD-5,550,000USD-6,160,000USD-7,086,000USD-8,629,000USD
    Net Income From Continuing Ops-5,090,000USD-4,942,000USD-3,854,000USD-5,094,000USD-5,550,000USD-6,160,000USD-7,086,000USD-8,629,000USD
    Ebit-5,090,000USD-5,033,000USD-3,854,000USD-5,201,000USD-5,660,000USD-6,224,000USD-6,041,000USD-8,689,000USD
    Ebitda-4,590,000USD-4,512,000USD-3,327,000USD-4,417,000USD-4,991,000USD-5,522,000USD-5,351,000USD-8,058,000USD
    Depreciation And Amortization500,000USD521,000USD527,000USD784,000USD669,000USD702,000USD690,000USD631,000USD
    Reconciled Depreciation500,000USD521,000USD527,000USD784,000USD669,000USD702,000USD690,000USD631,000USD
    Total Other Income Expense Net176,000USD91,000USD—107,000USD110,000USD64,000USD-1,068,000USD60,000USD
    Unclassified Operating Expenses——————1,045,000USD—
    Selling And Marketing Expenses———————631,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Revenue0USD0USD0USD0USD0USD0USD0USD
    Cost Of Revenue2,501,000USD2,655,000USD1,103,000USD251,000USD96,000USD96,000USD96,000USD
    Gross Profit-2,501,000USD-2,655,000USD-1,103,000USD-251,000USD-96,000USD-96,000USD-96,000USD
    Research Development10,211,000USD16,962,000USD14,062,000USD7,347,000USD5,378,000USD2,358,000USD581,000USD
    Selling General Administrative9,650,000USD12,637,000USD14,459,000USD7,306,000USD3,179,000USD2,708,000USD1,423,000USD
    Unclassified Operating Expenses-2,501,000USD——————
    Total Operating Expenses17,360,000USD30,437,000USD28,521,000USD14,653,000USD8,557,000USD5,066,000USD2,004,000USD
    Operating Income-19,861,000USD-30,437,000USD-28,521,000USD-14,653,000USD-8,557,000USD-5,134,000USD-2,004,000USD
    Interest Income421,000USD230,000USD—————
    Net Interest Income421,000USD230,000USD———0USD-14,000USD
    Income Before Tax-19,440,000USD-30,437,000USD-28,521,000USD-14,653,000USD-8,557,000USD-5,134,000USD-2,081,000USD
    Net Income-19,440,000USD-30,437,000USD-27,418,000USD-14,653,000USD-8,557,000USD-5,134,000USD-2,081,000USD
    Net Income From Continuing Ops-19,440,000USD-30,437,000USD-28,521,000USD-14,653,000USD-8,557,000USD-5,134,000USD-2,081,000USD
    Ebit-19,440,000USD-29,599,000USD-28,521,000USD-14,653,000USD-8,557,000USD-5,134,000USD-2,067,000USD
    Ebitda-16,939,000USD-26,944,000USD-27,418,000USD-13,865,000USD-8,469,000USD-5,038,000USD-1,971,000USD
    Depreciation And Amortization2,501,000USD2,655,000USD1,103,000USD788,000USD88,000USD96,000USD96,000USD
    Reconciled Depreciation2,501,000USD2,655,000USD1,103,000USD788,000USD88,000USD96,000USD96,000USD
    Total Other Income Expense Net421,000USD-838,000USD———-68,000USD-77,000USD
    Interest Expense——1,103,000USD788,000USD0USD0USD14,000USD
    Income Tax Expense——-1,103,000USD551,442USD-118,297USD-68,000USD-63,000USD
    Net Income Applicable To Common Shares———-14,653,000USD-10,340,000USD-5,912,000USD-2,509,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Total Assets26,265,000USD32,282,000USD16,768,000USD19,371,000USD19,869,000USD20,944,000USD15,966,000USD22,496,000USD
    Other Current Assets721,000USD788,000USD1,079,000USD515,000USD837,000USD1,458,000USD2,702,000USD2,465,000USD
    Total Liab3,484,000USD4,724,000USD3,579,000USD4,132,000USD5,992,000USD6,466,000USD7,378,000USD8,875,000USD
    Total Stockholder Equity22,781,000USD27,558,000USD13,189,000USD15,239,000USD13,877,000USD14,478,000USD8,588,000USD13,621,000USD
    Other Current Liab681,000USD1,633,000USD418,000USD635,000USD1,145,000USD1,047,000USD769,000USD1,533,000USD
    Common Stock10,000USD10,000USD10,000USD10,000USD8,000USD7,000USD5,000USD5,000USD
    Capital Stock10,000USD10,000USD10,000USD10,000USD8,000USD7,000USD5,000USD5,000USD
    Retained Earnings-146,186,000USD-141,096,000USD-136,154,000USD-132,300,000USD-127,206,000USD-121,656,000USD-115,496,000USD-108,410,000USD
    Cash21,941,000USD27,092,000USD10,689,000USD13,226,000USD11,888,000USD11,120,000USD4,001,000USD10,217,000USD
    Cash And Short Term Investments21,941,000USD27,092,000USD10,689,000USD13,226,000USD11,888,000USD11,120,000USD4,001,000USD10,217,000USD
    Total Current Assets22,662,000USD27,880,000USD11,768,000USD13,741,000USD12,725,000USD12,578,000USD6,703,000USD12,682,000USD
    Total Current Liabilities2,158,000USD3,161,000USD1,703,000USD1,954,000USD2,957,000USD3,083,000USD3,635,000USD4,759,000USD
    Net Debt-19,587,000USD-24,310,000USD-7,732,000USD-10,108,000USD-7,616,000USD-6,090,000USD1,471,000USD-4,319,000USD
    Short Term Debt1,028,000USD1,219,000USD1,081,000USD940,000USD1,237,000USD1,647,000USD1,729,000USD1,782,000USD
    Short Long Term Debt Total2,354,000USD2,782,000USD2,957,000USD3,118,000USD4,272,000USD5,030,000USD5,472,000USD5,898,000USD
    Accounts Payable449,000USD309,000USD204,000USD379,000USD575,000USD389,000USD1,137,000USD1,444,000USD
    Property Plant Equipment Net3,254,000USD4,036,000USD4,558,000USD5,084,000USD6,600,000USD7,825,000USD8,499,000USD9,235,000USD
    Property Plant Equipment Gross6,698,000USD7,235,000USD7,512,000USD7,858,000USD9,119,000USD10,088,000USD10,507,000USD10,991,000USD
    Common Stock Shares Outstanding4,374,328shares4,374,328shares4,537,683shares4,119,153shares83,482,125shares56,673,563shares47,321,394shares45,126,064shares
    Non Current Assets Total3,603,000USD4,402,000USD5,000,000USD5,630,000USD7,144,000USD8,366,000USD9,263,000USD9,814,000USD
    Non Current Liabilities Total1,326,000USD1,563,000USD1,876,000USD2,178,000USD3,035,000USD3,383,000USD3,743,000USD4,116,000USD
    Non Currrent Assets Other349,000USD146,000USD169,000USD275,000USD275,000USD275,000USD505,000USD320,000USD
    Net Working Capital20,504,000USD24,719,000USD10,065,000USD11,787,000USD9,768,000USD9,495,000USD3,068,000USD7,923,000USD
    Unclassified Non Current Liabilities1,326,000USD1,563,000USD1,876,000USD2,178,000USD3,035,000USD3,383,000USD3,743,000USD4,116,000USD
    Unclassified Equity168,947,000USD168,634,000USD149,323,000USD147,519,000USD141,067,000USD136,120,000USD124,074,000USD122,021,000USD
    Other Assets—————-1,043,000USD—1USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets32,282,000USD20,944,000USD33,709,000USD33,039,000USD42,223,000USD20,910,000USD1,130,000USD5,895,000USD
    Other Current Assets788,000USD1,458,000USD3,343,000USD4,052,000USD1,959,000USD150,000USD153,000USD52,000USD
    Total Liab4,724,000USD6,466,000USD8,772,000USD10,307,000USD4,040,000USD2,589,000USD1,476,000USD1,248,000USD
    Total Stockholder Equity27,558,000USD14,478,000USD24,937,000USD22,732,000USD38,183,000USD18,321,000USD-346,000USD4,647,000USD
    Other Current Liab1,633,000USD1,047,000USD2,955,000USD2,342,000USD1,235,000USD1,778,000USD87,000USD—
    Common Stock10,000USD7,000USD4,000USD3,000USD2,000USD1,000USD1,000USD1,000USD
    Capital Stock10,000USD7,000USD4,000USD3,000USD2,000USD34,901,000USD8,897,000USD8,897,000USD
    Retained Earnings-141,096,000USD-121,656,000USD-91,219,000USD-61,212,000USD-32,691,000USD-18,038,000USD-9,481,000USD-4,347,000USD
    Cash27,092,000USD11,120,000USD21,282,000USD18,182,000USD37,021,000USD17,994,000USD610,000USD4,990,000USD
    Cash And Short Term Investments27,092,000USD11,120,000USD21,282,000USD18,182,000USD37,021,000USD17,994,000USD610,000USD4,990,000USD
    Total Current Assets27,880,000USD12,578,000USD24,625,000USD22,234,000USD38,980,000USD18,144,000USD763,000USD5,072,000USD
    Total Current Liabilities3,161,000USD3,083,000USD5,393,000USD5,822,000USD2,256,000USD2,572,000USD647,000USD419,000USD
    Net Debt-24,310,000USD-6,090,000USD-16,389,000USD-12,308,000USD-34,611,000USD-17,820,000USD-610,000USD-4,990,000USD
    Short Term Debt1,219,000USD1,647,000USD1,514,000USD1,389,000USD626,000USD174,000USD——
    Short Long Term Debt Total2,782,000USD5,030,000USD4,893,000USD5,874,000USD2,410,000USD174,000USD——
    Accounts Payable309,000USD389,000USD924,000USD2,091,000USD395,000USD620,000USD560,000USD419,000USD
    Property Plant Equipment Net4,036,000USD7,825,000USD8,573,000USD10,298,000USD2,834,000USD186,000USD274,000USD795,000USD
    Property Plant Equipment Gross7,235,000USD10,088,000USD9,856,000USD10,298,000USD3,180,000USD186,000USD274,000USD795,000USD
    Common Stock Shares Outstanding4,374,328shares53,547,030shares29,865,000shares20,968,000shares18,781,242shares19,354,553shares19,354,553shares19,354,553shares
    Non Current Assets Total4,402,000USD8,366,000USD9,084,000USD10,805,000USD3,243,000USD2,766,000USD367,000USD823,000USD
    Non Current Liabilities Total1,563,000USD3,383,000USD3,379,000USD4,485,000USD1,784,000USD17,000USD829,000USD829,000USD
    Non Currrent Assets Other146,000USD275,000USD255,000USD381,000USD409,000USD2,580,000USD93,000USD28,000USD
    Net Working Capital24,719,000USD9,495,000USD19,232,000USD16,412,000USD36,724,000USD15,572,000USD116,000USD4,653,000USD
    Unclassified Non Current Liabilities1,563,000USD3,383,000USD3,379,000USD4,485,000USD1,784,000USD-2,439,000USD——
    Unclassified Equity168,634,000USD136,120,000USD116,148,000USD83,938,000USD113,093,000USD1,714,000USD——
    Intangible Assets———126,000USD————
    Other Assets————409,000USD2,580,000USD93,000USD28,000USD
    Accumulated Other Comprehensive Income————-42,223,000USD-257,000USD-169,000USD-133,000USD
    Net Tangible Assets————38,183,000USD-16,579,000USD-9,242,000USD-4,249,000USD
    Deferred Long Term Liab—————2,439,000USD——
    Other Liab—————17,000USD——
    Short Long Term Debt—————174,000USD——
    Unclassified Non Current Assets—————-2,580,000USD——
    Net Receivables———————30,000USD
    Inventory———————15,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Net Income-5,090,000USD-4,942,000USD-3,854,000USD-5,094,000USD-5,550,000USD-6,160,000USD-7,086,000USD-8,629,000USD
    Depreciation353,000USD537,000USD401,000USD541,000USD669,000USD702,000USD690,000USD631,000USD
    Stock Based Compensation401,000USD711,000USD692,000USD955,000USD831,000USD825,000USD1,764,000USD1,171USD
    Other Non Cash Items147,000USD-16,000USD818,000USD243,000USD—825,000USD45,000USD1,169,829USD
    Change In Working Capital-758,000USD1,571,000USD-889,000USD-572,000USD928,000USD605,000USD-1,524,000USD736,000USD
    Total Cash From Operating Activities-4,947,000USD-2,139,000USD-3,524,000USD-3,927,000USD-3,122,000USD-4,027,999USD-6,111,000USD-6,091,000USD
    Capital Expenditures-9,000USD0USD0USD0USD-33,000USD-33,000USD-83,000USD-83,000USD
    Free Cash Flow-4,956,000USD-2,139,000USD-3,524,000USD-3,927,000USD-3,122,000USD-4,061,000USD-6,111,000USD-6,174,000USD
    Total Cashflows From Investing Activities-9,000USD———-33,000USD-33,000USD83,000USD-83,000USD
    Net Borrowings-107,000USD-111,000USD-123,000USD-234,000USD-225,000USD-219,000USD-213,000USD—
    Total Cash From Financing Activities-195,000USD18,489,000USD989,000USD5,267,000USD3,893,000USD11,187,000USD-105,000USD3,379,000USD
    Issuance Of Capital Stock0USD25,183,000USD-5,468,000USD3,617,000USD3,735,000USD6,126,000USD289,000USD3,528,000USD
    Change In Cash-5,151,000USD16,350,000USD-2,537,000USD1,340,000USD771,000USD7,119,000USD-6,216,000USD-2,798,000USD
    Begin Period Cash Flow27,312,000USD10,962,000USD13,226,000USD12,157,000USD11,386,000USD4,001,000USD10,217,000USD13,015,000USD
    End Period Cash Flow22,161,000USD27,312,000USD10,689,000USD13,497,000USD12,157,000USD11,120,000USD4,001,000USD10,217,000USD
    Other Cashflows From Financing Activities-195,000USD18,489,000USD989,000USD—383,000USD5,280,000USD-181,000USD25,000USD
    Unclassified Financing Cash Flow—-25,072,000USD5,591,000USD1,884,000USD——8,588,250,000USD-8,584,607,000USD
    Investments——0USD0USD0USD-33,000USD0USD-83,000USD
    Sale Purchase Of Stock——————-8,587,961,000USD8,587,961,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Net Income-19,440,000USD-30,437,000USD-30,007,000USD-14,653,000USD-8,557,000USD-5,134,000USD-2,081,000USD
    Depreciation1,771,000USD2,655,000USD2,501,000USD788,000USD88,000USD96,000USD96,000USD
    Stock Based Compensation3,189,000USD5,000,000USD4,370,000USD2,195,000USD357,000USD76,000USD31,000USD
    Other Non Cash Items730,000USD45,000USD4,370,000USD541,000USD368,000USD68,000USD70,000USD
    Change In Working Capital1,038,000USD-1,412,000USD-204,000USD-1,839,000USD611,000USD93,000USD-885,000USD
    Total Cash From Operating Activities-12,712,000USD-24,149,000USD-23,340,000USD-13,509,000USD-7,133,000USD-4,801,000USD-2,769,000USD
    Capital Expenditures0USD-104,000USD-600,000USD-309,000USD-309,000USD-330,000USD-757,000USD
    Free Cash Flow-12,712,000USD-24,253,000USD-23,940,000USD-13,818,000USD-7,133,000USD-5,131,000USD-3,526,000USD
    Net Borrowings-693,000USD-794,000USD-798,000USD-709,000USD174,000USD174,000USD1,264,000USD
    Total Cash From Financing Activities28,638,000USD14,184,000USD27,044,000USD32,955,000USD24,517,000USD65,000USD8,501,000USD
    Issuance Of Capital Stock27,067,000USD9,943,000USD24,564,000USD36,327,000USD25,674,000USD0USD7,237,000USD
    Change In Cash15,926,000USD-10,152,000USD3,100,000USD19,137,000USD17,384,000USD-4,380,000USD4,975,000USD
    Begin Period Cash Flow11,386,000USD21,538,000USD18,182,000USD18,135,000USD610,000USD4,990,000USD15,000USD
    End Period Cash Flow27,312,000USD11,386,000USD21,282,000USD37,272,000USD17,994,000USD610,000USD4,990,000USD
    Other Cashflows From Financing Activities28,638,000USD5,035,000USD3,278,000USD-2,663,000USD23,844,000USD65,000USD14,474,000USD
    Unclassified Financing Cash Flow-26,374,000USD———-25,175,000USD—-14,474,000USD
    Investments—-187,000USD-600,000USD-309,000USD0USD356,000USD-757,000USD
    Total Cashflows From Investing Activities—-187,000USD-600,000USD-309,000USD-309,000USD356,000USD-757,000USD
    Other Cashflows From Investing Activities—-83,000USD—-309,000USD—686USD—
    Unclassified Operating Cash Flow——-4,370,000USD————
    Change To Liabilities———-319,000USD-160,000USD141,000USD-152,000USD
    Change To Account Receivables—————30,000USD-30,000USD
    Change To Inventory—————-30,000USD—
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    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    No revenue breakdown is currently published for this company.

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.