Caribou Biosciences Inc. reported $159.2 million in cash, cash equivalents, and marketable securities as of September 30, 2025, down from $249.4 million as of December 31, 2024. The company recorded $2.2 million in revenue from licensing and collaboration agreements for the third quarter of 2025, compared to $2.0 million for the same period in 2024. Research and development expenses were $22.4 million, down from $30.4 million the previous year, while general and administrative expenses were $9.2 million, compared to $9.8 million for the same period in 2024. Caribou highlighted continued progress in its clinical programs, including CB-011 for multiple myeloma and vispa-cel (CB-010) for lymphoma, and expects its cash resources to fund its operating plan into the second half of 2027. The company is exploring additional funding options for its planned vispa-cel pivotal trial.