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RNAZ

Transcode Therapeutics, Inc.

Company overview

Market capitalization
$28.95M
Employees
12
Latest publication
2026-09-29
About Transcode Therapeutics, Inc.

TransCode Therapeutics, Inc., a clinical-stage company, develops immuno-oncology and RNA therapeutics for the treatment of high risk and advanced cancers. The company's therapeutic candidate comprises SEVIPROTIMUT-L for the adjuvant treatment of patients with Stages IIB and IIC melanoma that has completed Phase 2 clinical trial; TTX-MC138 that targets microRNA-10b, a master regulator of metastatic cell viability in various cancers comprising breast, pancreatic, ovarian, colon cancer, glioblastomas, and others that has completed Phase 1 clinical trial. Its preclinical programs include TTX-siPDL1, an siRNA-based modulator of programmed death-ligand 1 and two indication agnostic programs; TTX-RIGA, an RNA- based agonist of the retinoic acid-inducible gene I targeting activation of innate immunity in the tumor microenvironment; and TTX-siMYC, an siRNA-based MYC inhibitor. The company is also developing oncolytic virus therapy. TransCode Therapeutics, Inc. has strategic collaboration agreement with The University of Texas M. D. Anderson Cancer Center. The company was incorporated in 2016 and is based in Boston, Massachusetts.

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 Revenue0USD0USD0USD0USD0USD0USD0USD0USD
Cost Of Revenue23,936USD—4,781USD13,443USD51,174USD-284,482USD127,521USD142,835USD
Gross Profit-23,936USD—-4,781USD-13,443USD-51,174USD284,482USD-127,521USD-142,835USD
Research Development5,106,949,000USD5,475,275USD3,156,283USD2,565,982USD2,219,527USD1,227,386USD1,211,355USD3,081,577USD
Selling General Administrative2,221,823,000USD1,764,122USD1,400,136USD1,655,152USD951,652USD938,025USD938,025USD2,032,339USD
Unclassified Operating Expenses-7,321,467,164USD———————
Total Operating Expenses7,304,836USD6,485,234USD4,556,419USD4,221,134USD3,171,179USD2,165,411USD2,037,891USD5,113,916USD
Operating Income-7,328,772USD-6,485,234USD-4,561,200USD-4,221,134USD-3,171,179USD-2,127,581USD-2,165,412USD-5,113,916USD
Interest Income91,888USD78,757USD147USD148USD146USD159USD179USD178USD
Interest Expense542USD542USD5,960USD0USD114USD10,793USD10,792USD4,482USD
Net Interest Income91,888USD78,215USD-5,813USD148USD32USD-598,630USD-10,613USD-4,304USD
Income Before Tax-17,553,762USD-13,217,042USD-4,856,051USD-4,276,502USD-12,085,413USD-2,351,988USD-2,321,387USD-5,190,814USD
Income Tax Expense231,309USD————179,479USD179,479USD-5USD
Tax Provision231,309USD———0USD———
Net Income-17,785,071USD-13,443,110USD-4,856,051USD-4,276,502USD-12,085,413USD-2,351,988USD-2,321,387USD-5,190,814USD
Net Income From Continuing Ops-17,785,071USD-13,443,110USD-4,856,051USD-4,276,502USD-12,085,413USD-5,915,958USD-2,321,387USD-5,190,814USD
Ebit-7,328,772USD—-4,850,091USD-4,276,502USD-12,085,299USD-148,863USD-2,310,600USD-5,186,332USD
Ebitda-7,304,836USD—-4,845,310USD-4,263,060USD-12,034,125USD-21,342USD-2,183,079USD-5,043,498USD
Depreciation And Amortization23,936USD—4,781USD13,442USD51,174USD127,521USD127,521USD142,834USD
Reconciled Depreciation23,936USD44,780USD4,781USD13,442USD51,174USD122,855USD127,521USD142,834USD
Total Other Income Expense Net-10,224,990USD-6,810,023USD-294,851USD-55,368USD-8,914,234USD-186,577USD-155,975USD-76,898USD
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Income 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 Revenue0USD0USD0USD0USD0USD0USD0USD—
Cost Of Revenue114,177USD534,857USD516,746USD98,606USD42,470USD———
Gross Profit-114,177USD-534,857USD-516,746USD-98,606USD-42,470USD———
Research Development13,421,848USD9,615,464USD12,263,530USD10,232,366USD2,753,966USD284,459USD226,309USD82,532USD
Selling General Administrative5,771,063USD5,954,339USD7,154,986,000USD8,433,448USD3,397,169USD442,145USD230,556USD301,464USD
Unclassified Operating Expenses8,787,160USD—-7,148,347,760USD—————
Total Operating Expenses27,980,071USD15,125,840USD18,901,770USD18,567,208USD6,108,665USD726,604USD456,865USD384,518USD
Operating Income-27,980,071USD-15,660,697USD-19,418,516USD-18,665,814USD-6,151,135USD-726,604USD-456,865USD-383,996USD
Interest Income79,198USD684USD14,784USD20,410USD664USD136USD34USD—
Interest Expense6,616USD26,813USD55,899USD17,564,968USD95,070USD394,573USD156,965USD0USD
Net Interest Income72,582USD-623,086USD14,784USD20,410USD-94,406USD-394,437USD-156,931USD—
Income Before Tax-34,435,008USD-16,754,971USD-18,546,095USD-17,564,968USD-6,843,399USD-2,343,893USD-607,212USD-453,440USD
Income Tax Expense226,068USD-16,785,572,000USD4USD17,564,968USD95,070USD394,437USD156,931USD-69,444USD
Tax Provision226,068USD0USD———0USD0USD—
Net Income-34,661,076USD-16,754,971USD-18,546,095USD-17,564,968USD-6,843,399USD-2,343,893USD-607,212USD-453,440USD
Net Income From Continuing Ops-34,661,076USD-16,754,971USD-19,592,604USD-17,564,968USD-6,843,399USD-2,343,893USD-607,212USD—
Ebit-34,428,392USD-16,728,159USD-18,490,196USD-17,564,968USD-6,748,327USD-1,453,072USD-456,865USD-453,440USD
Ebitda-34,314,215USD-16,193,302USD-17,973,450USD-17,466,362USD-6,705,857USD-1,949,320USD-450,247USD-69,444USD
Depreciation And Amortization114,177USD534,857USD516,746USD98,606USD42,470USD726,604USD456,865USD383,996USD
Reconciled Depreciation114,177USD534,857USD406,078USD98,606USD42,470USD0USD——
Total Other Income Expense Net-6,454,937USD-1,094,274USD872,421USD1,100,846USD-692,264USD-1,617,289USD-150,347USD-69,444USD
Net Income Applicable To Common Shares———-17,564,968USD-6,843,399USD-2,343,893USD-607,212USD-453,440USD
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 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 · USD
Total Assets151,010,103USD157,164,882USD162,398,689USD5,226,682USD8,266,410USD13,194,000USD7,294,499USD3,936,105USD
Cash And Equivalents8,383,393USD———————
Total Current Assets10,643,151USD16,748,994USD21,983,865USD4,751,048USD8,241,721USD13,044,000USD7,093,338USD3,612,589USD
Other Current Assets2,259,120USD1,615,096USD2,826,846USD1,716,836USD690,784USD1,152,564USD828,219USD1,724,774USD
Total Liabilities12,651,920USD———————
Total Current Liabilities5,398,717USD5,378,570USD3,494,220USD2,967,828USD1,564,990USD2,510,000USD2,771,836USD2,283,940USD
Total Stockholder Equity-27,694,917USD144,521,188USD151,880,002USD1,425,979USD6,147,706USD10,293,000USD-2,018,734USD1,652,165USD
Total Equity Including Noncontrolling Interest138,358,183USD———————
Deferred Revenue63,947USD———————
Property Plant Equipment Net322,809USD346,745USD370,681USD19,908USD24,689USD38,131USD89,305USD211,660USD
Goodwill25,744,143USD———————
Intangible Assets114,300,000USD114,300,000USD114,300,000USD—————
Accounts Payable4,682,359USD4,998,886USD——1,362,800USD2,427,963USD—1,965,594USD
Common Stock101USD92USD—84USD84USD2,334USD—1,727USD
Retained Earnings-122,398,191USD-115,648,063USD-97,862,992USD-84,419,882USD-79,563,831USD-75,287,000USD-63,201,916USD-57,255,357USD
Total Liab—12,643,694USD10,518,687USD3,800,703USD2,118,704USD2,902,000USD9,313,233USD2,283,940USD
Other Current Liab—379,684USD—2,967,828USD202,190USD82,037USD—165,865USD
Capital Stock—143,269,974USD141,544,628USD84USD84USD2,334USD103USD1,727USD
Good Will—25,744,143USD25,744,143USD———0USD—
Cash—12,835,454USD17,813,521USD2,835,916USD7,374,815USD11,569,000USD5,811,064USD1,875,862USD
Cash And Short Term Investments—12,835,454USD—2,835,916USD7,374,815USD11,569,000USD—1,875,862USD
Current Deferred Revenue—85,262,000USD———25,408USD——
Net Debt—-12,835,454USD—-2,835,916USD-7,374,815USD-11,569,000USD—-1,723,381USD
Net Receivables—2,298,444USD—198,296USD176,122USD322,436USD—11,953USD
Property Plant Equipment Gross—757,941USD757,941USD362,387USD362,387USD362,387USD400,118USD555,551USD
Common Stock Shares Outstanding—916,968shares916,968shares833,683shares833,654shares172,261shares356,115shares356,115shares
Non Current Assets Total—140,415,888USD140,414,824USD475,634USD24,689USD149,987USD201,161USD323,516USD
Non Current Liabilities Total—7,265,124USD7,024,467USD832,875USD553,714USD392,000USD6,541,397USD0USD
Non Current Liabilities Other—6,248,000USD6,364,000USD—————
Non Currrent Assets Other—25,000USD—455,726USD—111,856USD—111,856USD
Net Working Capital—11,370,424USD18,489,645USD1,783,220USD6,676,731USD10,534,711USD4,321,502USD1,328,649USD
Unclassified Current Liabilities—-85,262,000USD3,494,220USD———2,771,836USD—
Unclassified Non Current Liabilities—1,017,124USD————6,541,397USD—
Unclassified Equity—116,899,185USD108,198,366USD85,845,693USD85,711,369USD85,575,332USD61,183,079USD58,904,068USD
Unclassified Current Assets——1,343,498USD—————
Other Assets—————1USD——
Short Term Debt—————38,291USD—152,481USD
Short Long Term Debt Total—————38,291USD—152,481USD
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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 Assets162,398,689USD7,294,499USD5,169,701USD7,587,986USD22,938,443USD1,055,368USD216,743USD214,646USD
Intangible Assets114,300,000USD———————
Other Current Assets919,440USD1,282,274USD1,679,277USD2,401,577USD1,835,446USD3,199USD—1,667USD
Total Liab152,063,223USD9,313,233USD3,528,887USD4,347,290USD2,534,097USD4,463,600USD1,314,254USD718,613USD
Total Stockholder Equity10,335,466USD-2,018,733USD1,640,814USD3,240,696USD20,404,346USD-3,408,232USD-1,097,511USD-503,967USD
Other Current Liab3,494,220USD157,447USD3,051,259USD4,347,290USD2,503,569USD404,862USD35,685USD81,997USD
Common Stock92USD103USD63USD2USD1,291USD464USD764USD764USD
Capital Stock92USD103USD63USD1,298USD1,291USD464USD464USD—
Retained Earnings-97,862,992USD-63,201,916USD-46,416,344USD-27,870,249USD-10,305,281USD-3,461,882USD-1,117,989USD-510,777USD
Good Will25,744,143USD0USD——————
Cash17,813,521USD5,811,064USD2,767,598USD4,968,418USD20,825,860USD828,016USD204,471USD212,979USD
Cash And Short Term Investments17,813,521USD5,811,064USD2,767,598USD4,977,828USD20,825,860USD828,016USD204,471USD212,979USD
Total Current Assets21,983,865USD7,093,338USD4,455,444USD7,379,405USD22,732,175USD831,215USD204,471USD214,646USD
Total Current Liabilities3,494,220USD2,771,836USD3,490,596USD4,347,290USD2,534,097USD404,862USD62,942USD117,682USD
Net Debt-17,813,521USD-5,772,773USD-2,317,027USD-4,968,418USD-20,825,860USD1,258,659USD723,339USD258,921USD
Net Receivables3,250,904USD——360,229USD————
Accounts Payable3,119,370USD2,576,098USD2,331,872USD4,124,812USD2,016,331USD369,177USD27,257USD—
Property Plant Equipment Net370,681USD89,305USD602,401USD208,581USD206,268USD0USD——
Property Plant Equipment Gross757,941USD400,118USD865,744USD348,441USD247,522USD———
Common Stock Shares Outstanding689,713shares356,115shares5,424shares16,221shares16,130shares7,979shares6,407shares192shares
Non Current Assets Total140,414,824USD201,160USD714,257USD208,581USD206,268USD224,153USD12,271USD—
Non Current Liabilities Total148,569,003USD6,541,397USD38,291USD4,347,290USD30,528USD4,058,738USD1,251,312USD600,931USD
Non Current Liabilities Other6,364,000USD———————
Non Currrent Assets Other-140,274,409,176USD111,855USD111,856USD0USD0USD224,153USD-1USD—
Net Working Capital18,489,645USD4,321,502USD964,848USD3,032,115USD20,198,078USD426,353USD141,529USD—
Unclassified Current Liabilities-3,119,370USD—-2,331,872USD-4,124,812USD-4,032,662USD———
Unclassified Non Current Liabilities142,205,003USD6,541,397USD—4,347,290USD————
Unclassified Equity108,198,274USD61,182,977USD48,057,032USD31,109,645USD30,707,045USD———
Current Deferred Revenue—25,408USD27,057USD—30,528USD———
Short Term Debt—38,291USD412,280USD—2,016,331USD——35,685USD
Short Long Term Debt Total—38,291USD450,571USD——2,086,675USD927,810USD471,900USD
Other Assets——1USD0USD—224,153USD-12,271USD—
Accumulated Other Comprehensive Income——0USD0USD0USD-13USD-12USD-11,800USD
Short Term Investments———9,410USD9USD3USD——
Inventory———554,330USD————
Net Tangible Assets———3,240,696USD20,404,346USD-3,408,232USD-1,109,783USD-503,967USD
Deferred Long Term Liab—————224,153USD——
Other Liab—————1,972,063USD323,502USD164,716USD
Long Term Debt—————2,086,675USD927,810USD—
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Depreciation47,873USD
Deferred Income Tax231,609USD
Change In Working Capital-1,275,733USD
Operating Cash Flow-10,380,128USD
Financing Cash Flow950,000USD
Change In Cash-9,430,128USD
End Cash Flow8,383,393USD
SourceDisclosureDeterministicFinal

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-17,785,071,000USD-13,443,110USD-4,856,051USD-4,276,502USD-12,085,000USD-5,915,958USD-2,321,387USD-5,190,814USD
Depreciation23,936,000USD44,780USD4,781USD13,443USD51,174USD122,855USD127,521USD142,834USD
Stock Based Compensation-95,706,271USD61,865USD134,324,000USD289,081,271USD157,729USD168,770USD204,482USD1,143,595USD
Other Non Cash Items12,549,642,846USD—413,484USD293,223USD9,234,097USD—204,482USD908,302USD
Change To Account Receivables952,460USD—-22,174USD146,314USD-322,000USD—-11,953USD—
Change In Working Capital2,116,154USD340,577USD354,612USD-224,503USD-455,000USD942,349USD-1,923,231USD1,564,617USD
Total Cash From Operating Activities-4,978,067,000USD-8,142,010USD-4,083,173USD-4,194,339USD-3,097,000USD-3,146,337USD-3,912,615USD-2,339,768USD
Capital Expenditures-3USD0USD-3USD-1USD-500USD-500USD-12,870USD-4,555USD
Free Cash Flow-4,978,067,000USD-8,148,670USD-4,083,170USD-4,194,340USD-3,097,000USD-3,146,837USD-3,925,485USD-2,344,323USD
Total Cashflows From Investing Activities-4,436USD———-500USD—-12,870USD-4,555USD
Total Cash From Financing Activities23,124,051USD23,124,051USD-455,726USD8,845,942,000USD8,855,000USD7,082,039USD2,446,796USD785,198USD
Dividends Paid-1,725,225,000USD———————
Issuance Of Capital Stock0USD22,668,325USD0USD0USD8,854,797USD7,082,039USD2,446,796USD785,198USD
Change In Cash-4,978,067,000USD14,977,605USD-4,538,899USD-4,194,339USD5,758,000USD3,935,202USD-1,478,689USD-1,559,125USD
Begin Period Cash Flow17,813,521,000USD2,835,916USD7,374,815USD11,569,154USD5,811,000USD1,875,862USD3,354,551USD4,913,676USD
End Period Cash Flow12,835,454,000USD17,813,521USD2,835,916USD7,374,815USD11,569,000USD5,811,064USD1,875,862USD3,354,551USD
Other Cashflows From Investing Activities-4,436,000USD———-21,761,000USD———
Other Cashflows From Financing Activities1,725,225,000USD—-455,726USD8,845,942,000USD——-12,870USD-4,555USD
Unclassified Operating Cash Flow327,015,271USD4,853,878USD-134,323,999USD-289,081,271USD—1,535,647USD——
Unclassified Investing Cash Flow4,431,567USD———21,761,000USD———
Unclassified Financing Cash Flow23,124,051USD———————
Investments——0USD0USD0USD-500USD-12,870USD-4,555USD
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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 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Net Income-34,661,076USD-16,754,971USD-18,546,095USD-17,564,968USD-6,843,399USD-2,343,893USD-607,212USD-453,440USD
Depreciation114,177USD534,857USD516,746USD98,606USD42,470USD42,470USD42,470USD42,470USD
Stock Based Compensation485,428USD1,699,999USD1,036,889USD395,329USD185,996USD45,444USD1,397USD22,379USD
Other Non Cash Items14,529,675USD1,536,000USD1,036,889USD395,329USD39,471USD1,495,715USD102,011USD106,548USD
Change To Account Receivables-952,460USD—360,229USD-360,229USD————
Change In Working Capital15,567USD-351,479USD-1,082,075USD1,308,521USD432,386USD309,763USD-4,704USD24,941USD
Total Cash From Operating Activities-19,516,229USD-13,335,947USD-18,074,535USD-15,762,512USD-5,266,885USD-492,971USD-508,508USD-299,572USD
Capital Expenditures-6,660USD-21,761USD-35,609USD-100,918USD-254,820USD-254,820USD-254,820USD-254,820USD
Free Cash Flow-19,522,889USD-13,357,708USD-18,110,144USD-15,863,430USD-5,521,705USD-492,971USD-508,508USD-299,572USD
Total Cashflows From Investing Activities-4,436USD-21,761USD-35,609USD-100,919USD-251,820USD-251,820USD-251,820USD-251,820USD
Total Cash From Financing Activities31,523,122USD16,401,174USD15,909,324USD5,989USD25,516,549USD1,116,516USD500,000USD512,431USD
Dividends Paid-1,610,211,000USD-30,601,000USD——————
Issuance Of Capital Stock31,523,122USD16,401,174USD14,931,171USD1,180,686USD26,335,100USD0USD——
Change In Cash12,002,457USD3,043,466USD-2,200,820USD-15,857,442USD19,997,844USD623,545USD-8,508USD212,859USD
Begin Period Cash Flow5,811,064USD2,767,598USD4,968,418USD20,825,860USD828,016USD204,471USD212,979USD120USD
End Period Cash Flow17,813,521USD5,811,064USD2,767,598USD4,968,418USD20,825,860USD828,016USD204,471USD212,979USD
Other Cashflows From Investing Activities-4,431,564USD-21,761,000USD—-100,919,000USD3USD———
Other Cashflows From Financing Activities22,668,324USD30,601,000USD-35,609USD5,989USD-818,551USD-73,484USD1,000,000USD-37,569USD
Unclassified Investing Cash Flow4,433,788USD21,782,761USD—101,019,918USD————
Unclassified Financing Cash Flow1,587,542,676USD—1,013,762USD-1,180,686USD————
Investments—-21,761USD-63,824USD-100,919USD-251,820USD0USD——
Unclassified Operating Cash Flow——-1,036,889USD—————
Change To Inventory———360,229USD————
Change To Liabilities———1,843,722USD2,315,587USD191,253USD-54,741USD58,661USD
Net Borrowings————0USD1,190,000USD500,000USD547,159USD
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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.