The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | CDNA | VRCA | CTKB | LCTX |
|---|---|---|---|---|
| Moat Score (0–100) | 43 (highest) | 43 (highest) | 43 (highest) | 43 (highest) |
| Pricing power | 88 | 79 | 90 | 91 (highest) |
| Returns on capital | 4 | 0 | 7 (highest) | 0 |
| Balance-sheet safety | 55 (highest) | 55 (highest) | 28 | 55 (highest) |
| Capital discipline | 24 | 44 (highest) | 44 (highest) | 24 |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $2.0B | $96.0M | $593.9M | $282.0M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |