Nkarta, Inc.
Business
Nkarta is a clinical-stage biopharmaceutical company developing allogeneic, off-the-shelf engineered natural killer cell therapies. Its lead program, NKX019, is a CAR NK cell candidate targeting CD19 for B-cell mediated autoimmune diseases including lupus nephritis, membranous nephropathy, systemic sclerosis, myositis, and ANCA-associated vasculitis. The company operates two cGMP manufacturing facilities in South San Francisco and is advancing NKX019 through Phase 1 clinical trials and investigator-sponsored trials in multiple autoimmune indications.
Summary from 10-K filed 2026-03-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Research and development | 90 | 97 | 97 | 91 | 63 | |
| General and administrative | 32 | 31 | 35 | 28 | 23 | |
| Total operating expenses | 122 | 128 | 132 | 119 | 86 | |
| Loss from operations | −122 | −128 | −132 | −119 | −86 | |
| Interest income | 15 | 19 | 14 | 6 | 370,000 | |
| Other income, net | 2 | 87,000 | 42,000 | −470,000 | −16,000 | |
| Total other income, net | 18 | 19 | 14 | 5 | 354,000 | |
| Net loss | −104 | −109 | −118 | −114 | −86 | |
| Net unrealized (loss) gain on investments | −267,000 | 666,000 | 687,000 | −529,000 | — | |
| Comprehensive loss | −104 | −108 | −117 | −114 | −86 | |
| Net loss per share, basic | −1.41 | −1.6 | −2.4 | −2.61 | −2.62 | |
| Net loss per share, diluted | −1.41 | −1.6 | −2.4 | −2.61 | −2.62 | |
| Weighted average shares outstanding used in computing net loss per share, basic | 74 | 68 | 49 | 44 | 33 | |
| Weighted average shares outstanding used in computing net loss per share, diluted | 74 | 68 | 49 | 44 | 33 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 40 | 28 | 31 | 37 | 61 | |
| Short-term investments | 237 | 239 | 217 | 315 | — | |
| Prepaid expenses and other current assets | 6 | 6 | 5 | 9 | 8 | |
| Total current assets | 283 | 273 | 253 | 361 | 246 | |
| Long-term investments | 16 | 110 | — | — | — | |
| Restricted cash | 3 | 3 | 3 | 3 | 2 | |
| Property and equipment, net | 67 | 75 | 79 | 62 | 13 | |
| Operating lease right-of-use assets | 34 | 36 | 40 | 46 | 12 | |
| Other long-term assets | 2 | 4 | 4 | 2 | 1 | |
| Total assets | 404 | 501 | 379 | 473 | 274 | |
| Accounts payable | 2 | 638,000 | 4 | 2 | 1 | |
| Operating lease liabilities, current portion | 7 | 6 | 6 | 4 | 2 | |
| Accrued and other current liabilities | 13 | 12 | 14 | 16 | 9 | |
| Total current liabilities | 22 | 19 | 23 | 22 | 13 | |
| Operating lease liabilities, net of current portion | 70 | 74 | 82 | 79 | 10 | |
| Other long-term liabilities | 87,000 | 87,000 | — | — | 18,000 | |
| Total liabilities | 92 | 93 | 106 | 101 | 23 | |
| Commitments and contingencies (Note 7) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 54,350,179 shares authorized; no shares issued and outstanding at December 31, 2025 and 2024 | — | — | — | — | — | |
| Common stock,$0.0001 par value; 200,000,000 shares authorized as of December 31, 2025 and 2024; 71,078,531 and 70,645,139 shares issued and outstanding at December 31, 2025 and 2024,respectively | 7,000 | 7,000 | 5,000 | 5,000 | 3,000 | |
| Additional paid-in capital | 960 | 952 | 709 | 691 | 455 | |
| Accumulated other comprehensive income | 407,000 | 674,000 | 8,000 | −679,000 | −150,000 | |
| Accumulated deficit | −648 | −544 | −435 | −318 | −204 | |
| Total stockholders' equity | 312 | 408 | 273 | 372 | 251 | |
| Total liabilities and stockholders' equity | 404 | 501 | 379 | 473 | 274 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net loss | −104 | −109 | −118 | −114 | −86 | |
| Share-based compensation expense | 9 | 17 | 17 | 17 | 14 | |
| Depreciation and amortization expense | 9 | 9 | 6 | 3 | 2 | |
| Accretion of discount and amortization of premium on investments, net | −5 | −7 | −9 | −818,000 | 3 | |
| Non-cash lease expense | 2 | 2 | 2 | 4 | 367,000 | |
| Realized gain on investments | −94,000 | — | −34,000 | 490,000 | — | |
| Impairment of right-of-use asset | 791,000 | 0 | 4 | — | — | |
| Prepaid expenses and other assets | 2 | −1 | 2 | −1 | −4 | |
| Operating lease liabilities | −5 | −6 | 5 | 32 | — | |
| Accounts payable and accrued and other liabilities | 2 | −4 | 4 | 3 | 3 | |
| Other long-term liabilities | — | 87,000 | — | — | — | |
| Net cash used in operating activities | −89 | −100 | −86 | −57 | −68 | |
| Purchases of investments | −239 | −406 | −260 | −386 | — | |
| Proceeds from maturities of investments | 340 | 281 | 367 | −248 | — | |
| Purchases of property and equipment | −1 | −4 | −28 | −47 | −5 | |
| Net cash provided by (used in) investing activities | 100 | −130 | 79 | −185 | 33 | |
| Proceeds from issuance of common stock and pre-funded warrants, net of issuance costs | — | 225 | — | — | — | |
| Proceeds from employee stock purchase plan purchases | 141,000 | 343,000 | 530,000 | 445,000 | — | |
| Proceeds from stock option exercises | 0 | 668,000 | 161,000 | 1 | 1 | |
| Net cash provided by financing activities | 141,000 | 226 | 691,000 | 219 | 1 | |
| Net increase (decrease) in cash and cash equivalents | 12 | −3 | −6 | −23 | −34 | |
| Acquisitions of property and equipment recorded in accounts payable and accrued and other current liabilities | 390,000 | 343,000 | 268,000 | 5 | — | |
| Right-of-use assets recognized in exchange for operating lease liability | 1 | 579,000 | — | — | — | |
| Decrease in right-of-use asset and lease liability due to termination | — | 2 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Nkarta, Inc.'s CIK number?
Nkarta, Inc.'s SEC CIK number is 0001787400 (1787400). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Nkarta, Inc.'s SEC filings?
All of Nkarta, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Nkarta, Inc. last report earnings?
Nkarta, Inc. (NKTX) most recently filed an earnings 8-K with the SEC on May 12, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001787400-26-000012). This is Nkarta, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Nkarta, Inc.'s most recent earnings 8-K?
Nkarta, Inc.'s latest earnings 8-K (Item 2.02) was filed May 12, 2026 under accession 0001787400-26-000012. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Nkarta, Inc.'s latest earnings 8-K →
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