MBX Biosciences, Inc. MBX Geographic — Aggregate Base Rent
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Where this comes from
Reported directly by MBX Biosciences, Inc. in its filing.
Tagged under the XBRL concept mbx:AggregateBaseRent.
The source filing: MBX Biosciences, Inc.’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 9:03 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-210593
In February 2026, the Company entered into a lease agreement with 5 Burlington Woods, LLC to lease new office and laboratory space in Burlington, Massachusetts. The lease commenced effective April 14, 2026, with the rent commencing five months from the lease commencement date. The lease term will be four years with a one-time option to extend the lease term for a period of three years. The option to extend was not considered reasonably certain as of the lease inception. The aggregate base rent over the four-year lease term is approximately $3.4 million. The Company is evaluating the new lease terms pursuant to ASC 842 and is still assessing the financial statement impact.
Item 1. Financial Statements.
FAQ
- What is MBX Biosciences, Inc.'s geographic — aggregate base rent?
- MBX Biosciences, Inc. (MBX) reported geographic — aggregate base rent of $3.4M in Q1 2026.
- What does geographic — aggregate base rent mean?
- The total cumulative base rental income generated from real estate assets or facilities located within the Burlington, Massachusetts geographic segment. This metric reflects the fixed contractual revenue stream associated with the company's physical footprint in this specific region. It serves as a baseline indicator of the financial commitment and scale of operations maintained in this location.
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