VRDN · XBRL financial data
Viridian Therapeutics financial statements, every quarter
The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (VRDN's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selling, general and administrative | — | year only | — | — | — | year only | 17 | 20 | — | year only | 39 | 55 |
| General and administrative | 21 | 33* | 15 | 16 | 14 | 16* | 17 | 20 | 24 | — | — | — |
| Total operating expenses | 51 | 72* | 56 | 72 | 84 | 88* | 94 | 107 | 111 | 123* | 116 | 127 |
| Other operating income (expense) | — | year only | — | — | (0) | (0)* | (0) | 0 | 0 | (2)* | (1) | 0 |
| Operating income (loss) | (51) | (71)* | (56) | (72) | (83) | (87)* | (94) | (107) | (40) | (123)* | (116) | (126) |
| Interest income | — | year only | — | — | 8 | 9* | 8 | 7 | 6 | 8* | 8 | 8 |
| Interest expense | 1 | 0* | 1 | 1 | 1 | 1* | 1 | 1 | 1 | 3* | 3 | 8 |
| Income tax expense (benefit) | — | — | — | — | — | — | — | — | — | year only | — | — |
| Net income (loss) | (48) | (67)* | (49) | (65) | (77) | (80)* | (87) | (101) | (35) | (120)* | (105) | (127) |
| Earnings per share, basic USD per share | (1.09) | (1.34)* | (0.79) | (1.02) | (1.15) | — | — | — | — | — | — | — |
| Earnings per share, diluted USD per share | (1.09) | (1.34)* | (0.79) | (1.02) | (1.15) | — | — | — | — | — | — | — |
| Weighted average shares, basic millions of shares | 44 | 50* | 61 | 64 | 66 | — | — | — | — | — | — | — |
| Weighted average shares, diluted millions of shares | 44 | 50* | 61 | 64 | 66 | — | 81 | 82 | — | — | — | — |
Balance sheet
CSVFiscal quarters (VRDN's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 112 | 103 | 92 | 108 | 200 | 100 | 116 | 117 | 170 | 212 | 176 | 165 |
| Marketable securities | 201 | 375 | 522 | 464 | 553 | 618 | 520 | 446 | 321 | 662 | 586 | 817 |
| Prepaid and other current assets | 11 | 9 | 14 | 10 | 14 | 21 | 21 | 15 | 11 | 20 | 23 | 25 |
| Total current assets | 324 | 486 | 627 | 582 | 767 | 738 | 657 | 579 | 572 | 894 | 785 | 1,081 |
| Property and equipment, net | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Right-of-use asset | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 |
| Total assets | 329 | 490 | 630 | 586 | 772 | 742 | 661 | 582 | 577 | 899 | 789 | 1,097 |
| Accounts payable | 4 | 2 | 3 | 3 | 6 | 2 | 4 | 9 | 10 | 9 | 13 | 9 |
| Accrued liabilities | 19 | 24 | 23 | 30 | 35 | 45 | 30 | 35 | 41 | 62 | 38 | 55 |
| Current portion of long-term debt | — | 0 | — | 3 | — | 0 | — | 8 | — | — | — | — |
| Total current liabilities | 23 | 27 | 26 | 37 | 41 | 48 | 34 | 53 | 51 | 71 | 52 | 64 |
| Long-term debt | — | 20 | — | 17 | 21 | 21 | 21 | 12 | 21 | — | — | — |
| Lease liability, non-current | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | — | — |
| Total liabilities | 45 | 48 | 48 | 56 | 64 | 71 | 57 | 67 | 74 | 177 | 153 | 435 |
| Accumulated deficit | (659) | (726) | (774) | (839) | (916) | (996) | (1,083) | (1,184) | (1,218) | (1,338) | (1,443) | (1,570) |
| Total stockholders' equity | 284 | 442 | 583 | 529 | 707 | 672 | 604 | 515 | 503 | 722 | 636 | 662 |
| Total liabilities and equity | 329 | 490 | 630 | 586 | 772 | 742 | 661 | 582 | 577 | 899 | 789 | 1,097 |
| Common shares outstanding (cover page) millions of shares | 53 | 63 | 64 | 64 | 79 | 81 | 82 | 82 | 95 | 102 | 103 | 113 |
Cash flows
CSVFiscal quarters (VRDN's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (48) | (67)* | (49) | (65) | (77) | (80)* | (87) | (101) | (35) | (120)* | (105) | (127) |
| Stock-based compensation | 14* | 26* | 13 | 12* | 9* | 9* | 10 | 11* | 11* | 12* | 13 | 17* |
| Depreciation and amortization | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 0* |
| Net cash from operating activities | (39)* | (38)* | (45) | (46)* | (68)* | (73)* | (93) | (75)* | (85)* | (24)* | (120) | (105)* |
| Purchases of property and equipment | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 1* |
| Net cash from investing activities | 48* | (170)* | (143) | 62* | (85)* | (63)* | 100 | 76* | 126* | (339)* | 77 | (231)* |
| Proceeds from issuing common stock | 0* | 125* | 186 | 0* | 234* | 34* | 5 | 0* | 10* | 48* | 0 | 0* |
| Proceeds from long-term debt | 15* | 0* | — | — | — | 0* | — | — | — | year only | — | — |
| Net cash from financing activities | 15* | 199* | 177 | 0* | 245* | 36* | 9 | 1* | 11* | 406* | 6 | 325* |
| Net change in cash | 25* | (9)* | (11) | 16* | 93* | (101)* | 17 | 1* | 52* | 43* | (36) | (11)* |
Compare with peers
SIC 2834 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 2834 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Viridian Therapeutics | 173 | 26 | not reported | 113.6M | — | 10-QSep 30, 2026 |
| Akebia Therapeutics | 156 | 49 | 3.5* | 277.1M | — | 10-QJun 30, 2026 |
| Collegium Pharmaceutical | 129 | 200 | 71* | 32.6M | — | 10-QJun 30, 2026 |
| Ardelyx | 46 | 128 | 2.2* | 251.4M | — | 10-QSep 30, 2026 |
| Neogen | 172 | 223 | 13 | 218.3M | — | 10-QAug 31, 2026 |
| CorMedix | 257 | 102 | 86* | 77.9M | — | 10-QJun 30, 2026 |
| Aurinia Pharmaceuticals | 46 | 84 | 46* | 134.0M | — | 10-QSep 30, 2026 |
| Harrow | 84 | 71 | (9.8)* | 37.5M | 8.6 quarters | 10-QJun 30, 2026 |
| Novavax | 191 | 57 | (73)* | 164.9M | 9.9 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.