VRDN: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, VRDN has $577,138K in assets. $74,168K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	169,647	117,324
Short-term investments	321,254	446,032
Unbilled revenue	70,000	-
Prepaid expenses and other current assets	11,012	15,394
Total current assets	571,913	578,750
Property and equipment, net	1,125	1,091
Operating lease right-of-use asset	2,582	1,977
Other assets	1,518	506
Total assets	577,138	582,324

Current portion of long-term debt	-	8,435
Current portion of deferred revenue - related party	-	288
Accounts payable	10,063	8,518
Accrued liabilities	40,633	35,344
Total current liabilities	50,696	52,585
Long-term debt	20,890	12,353
Other liabilities	2,582	2,077
Deferred revenue - related party	-	140
Total liabilities	74,168	67,155
Preferred stock-Series APreferred Stock	61,188	61,188
Preferred stock-Series BPreferred Stock	127,697	127,697
Common stock, 0.01 par value 200,000,000 shares authorized 82,229,158 and 80,994,046 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively	822	817
Additional paid-in capital	1,531,003	1,508,902
Accumulated other comprehensive income (loss)	363	69
Accumulated deficit	-1,218,103	-1,183,504
Total stockholders equity	502,970	515,169
Total liabilities and stockholders equity	577,138	582,324