Business Description
MiNK Therapeutics, Inc. is a biopharmaceutical firm currently undergoing clinical trials. Its primary focus is on the identification, advancement, and market introduction of innovative invariant natural killer T (iNKT) cell therapies. These treatments are allogeneic and designed to be "off-the-shelf," providing readily available options for combating various cancers and conditions rooted in immune system dysfunction. The company's leading investigational therapy is AGENT-797. This product is an allogeneic, ready-to-use iNKT cell therapy, presently in Phase 1 clinical studies to assess its effectiveness against different forms of myeloma. Established in 2017, the company was previously known as AgenTus Therapeutics, Inc. MiNK Therapeutics, Inc. is headquartered in New York, New York, and operates as a subsidiary of Agenus Inc.
Business History
Price Overview
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -2.93
Total Equity: -$14.23M
Shares: 4,270,000
Total Debt: $5.18M
Cash: $13.36M
EBITDA: -$12.31M
Total Debt: $5.18M
Cash: $13.36M
Revenue: $0.00
Shares: 4,270,000
Revenue: $0.00
Revenue: $0.00
Revenue: $0.00
Total Equity: -$14.23M
Tax Rate: 0.0%
Equity: -$14.23M
Total Debt: $5.18M
Cash: $13.36M
Current Liabilities: $13.03M
Long-Term Debt: $0.00
Total Debt: $5.18M
Total Equity: -$14.23M
Shares: 4,270,000
Shares: 4,270,000
CapEx: $0.00
Shares: 4,270,000
Stock Price: $11.67
Net Income: -$12.49M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jul 4, 2026 4:47am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $77,960 | $121,749 | $204,617 | $215,437 | $181,745 |
| Gross Profit | $-77,960 | $-121,749 | $-204,617 | $-215,437 | $-181,745 |
| Operating Expenses | $18.5M | $30.8M | $22.7M | $10.4M | $12.3M |
| Operating Income | -$18.6M | -$30.9M | -$22.9M | -$10.7M | -$12.5M |
| Net Income | -$30.2M | -$28.0M | -$22.5M | -$10.8M | -$12.5M |
| EBITDA | -$27.7M | -$27.9M | -$22.3M | -$10.6M | -$12.3M |
| EPS | $-9.03 | $-8.31 | $-6.54 | $-2.90 | $-2.93 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 4, 2026 4:47am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $38.9M | $19.6M | $3.4M | $4.6M | $13.4M |
| Total Current Assets | $39.6M | $20.4M | $3.6M | $5.0M | $13.8M |
| Total Assets | $40.2M | $21.5M | $4.6M | $5.7M | $14.2M |
| Current Liabilities | $16.5M | $12.7M | $11.4M | $7.0M | $13.0M |
| Long-Term Debt | $0 | $0 | $0 | $4.9M | $0 |
| Total Liabilities | $16.5M | $21.9M | $22.6M | $25.3M | $28.5M |
| Total Equity | $23.8M | $-401,303 | -$18.1M | -$19.6M | -$14.2M |
| Retained Earnings | -$82.9M | -$110.9M | -$133.4M | -$144.2M | -$156.7M |
Cash Flow (Annual)
Last updated: Jul 4, 2026 4:47am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$12.8M | -$18.9M | -$15.8M | -$9.6M | -$5.9M |
| Capital Expenditure | $-248,983 | $-250,046 | $-73,561 | $-4 | $0 |
| Free Cash Flow | -$13.1M | -$19.1M | -$15.8M | -$9.6M | -$5.9M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $-157,194 | $-477,639 | $0 | $0 |
| Net Change in Cash | $36.2M | -$19.3M | -$16.3M | $1.2M | $8.8M |
Analyst Estimates (Annual)
Last updated: Jul 4, 2026 4:47am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$4.4M $4.4M – $4.4M
|
$1.9M $1.9M – $1.9M
|
$27.9M $27.9M – $27.9M
|
$50.5M $50.5M – $50.5M
|
| EBITDA | $0 | $0 | $0 | $0 |
| Net Income |
-$12.2M -$14.2M – -$10.2M
|
-$14.9M -$17.5M – -$12.3M
|
-$12.1M -$12.1M – -$12.1M
|
$213,500 $213,500 – $213,500
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 4, 2026 4:47am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | — | — | — | — |
| Gross Profit Growth | -56.2% | -68.1% | -5.3% | +15.6% |
| Operating Income Growth | -66.3% | +25.9% | +53.5% | -17.2% |
| Net Income Growth | +7.4% | +19.8% | +52.0% | -15.9% |
| EBITDA Growth | -0.6% | +20.2% | +52.5% | -16.5% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-04 | Ryan Barbara | S-Sale | 500.00 | $12.68 | $6,342 |
| 2026-06-04 | Ryan Barbara | S-Sale | 1,000.00 | $12.80 | $12,800 |
| 2026-06-01 | Holcomb John Bradley | A-Award | 1,091.00 | $12.38 | $13,507 |
| 2026-03-02 | Holcomb John Bradley | A-Award | 1,239.00 | $10.90 | $13,505 |
| 2026-06-01 | Ryan Barbara | A-Award | 1,434.00 | $12.38 | $17,753 |
| 2026-03-02 | Ryan Barbara | A-Award | 1,629.00 | $10.90 | $17,756 |
| 2026-06-01 | Corvese Brian | A-Award | 1,444.00 | $12.38 | $17,877 |
| 2026-03-02 | Corvese Brian | A-Award | 1,640.00 | $10.90 | $17,876 |
| 2026-06-01 | Behner Peter | A-Award | 1,313.00 | $12.38 | $16,255 |
| 2026-03-02 | Behner Peter | A-Award | 1,491.00 | $10.90 | $16,252 |
| 2026-06-01 | WIINBERG ULF | A-Award | 1,131.00 | $12.38 | $14,002 |
| 2026-03-02 | WIINBERG ULF | A-Award | 1,285.00 | $10.90 | $14,007 |
| 2025-09-23 | Holcomb John Bradley | A-Award | 4,174.00 | $14.92 | $62,276 |
| 2026-03-13 | Orilall Melissa | 0.00 | $0.00 | $0 | |
| 2026-03-13 | Charette Austin | 0.00 | $0.00 | $0 | |
| 2026-03-09 | Ryan Barbara | S-Sale | 200.00 | $10.17 | $2,035 |
| 2026-03-10 | Ryan Barbara | S-Sale | 300.00 | $15.28 | $4,585 |
| 2026-03-10 | Ryan Barbara | S-Sale | 500.00 | $15.57 | $7,783 |
| 2026-03-10 | Ryan Barbara | S-Sale | 500.00 | $15.30 | $7,650 |
| 2026-02-27 | Ryan Barbara | S-Sale | 400.00 | $10.86 | $4,343 |
Narrative Economics
market-narrative step).