VRDN: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, VRDN has $789,017K in assets. $153,009K in debts.

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash and cash equivalents	176,346	169,647	117,324
Marketable securities	585,835	321,254	446,032
Unbilled revenue	-	70,000	-
Prepaid expenses and other current assets	22,563	11,012	15,394
Total current assets	784,744	571,913	578,750
Property and equipment, net	1,130	1,125	1,091
Operating lease right-of-use asset	2,255	2,582	1,977
Other assets	888	1,518	506
Total assets	789,017	577,138	582,324

Current portion of long-term debt	-	-	8,435
Current portion of deferred revenue - related party	-	-	288
Accounts payable	13,313	10,063	8,518
Long-term debt	-	20,890	12,353
Accrued liabilities	38,492	40,633	35,344
Total current liabilities	51,805	50,696	52,585
Long-term debt, net	50,436	-	-
Derivative liability	12,500	-	-
Liability related to the sale of future revenue, net	36,092	-	-
Other liabilities	2,176	2,582	2,077
Deferred revenue - related party	-	-	140
Total liabilities	153,009	74,168	67,155
Preferred stock-Series APreferred Stock	61,188	61,188	61,188
Preferred stock-Series BPreferred Stock	70,868	127,697	127,697
Common stock, 0.01 par value 200,000,000 shares authorized 102,458,094 and 101,826,500 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively	1,025	822	817
Additional paid-in capital	1,946,844	1,531,003	1,508,902
Accumulated other comprehensive income (loss)	-558	363	69
Accumulated deficit	-1,443,359	-1,218,103	-1,183,504
Total stockholders equity	636,008	502,970	515,169
Total liabilities and stockholders equity	789,017	577,138	582,324

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.