Financial insights of VRNA

MyFinsight

For the quarter ending 2025-06-30, VRNA made $103,138K in revenue. $11,921K in net income. Net profit margin of 11.56%.

Income Statement	2025-06-30	2024-12-31	2024-09-30
Total revenue, net	103,138	25,389*	5,624
Research and development	12,950	12,918*	10,552
Cost of sales	4,756	953*	543
Selling, general and administrative	72,127	44,144*	35,196
Total operating expenses	89,833	58,015*	46,291
Operating income/(loss)	13,305	-32,626*	-40,667
Foreign exchange gain(loss)	-	-	1,475
Research and development tax credit	0	-1,236*	1,612
Interest expense	-	-	9,882
Interest income	4,302	1,012*	4,750
Interest expense	6,822	1,188*	-
Loss on extinguishment of debt	0	-913*	-
Foreign exchange gain/(loss)	1,097	-42*	-
Total other (expense)/income, net	-1,423	-2,367*	-2,045
Income/(loss) before income taxes	11,882	-34,993*	-42,712
Income tax benefit/(expense)	-39	9,539*	250
Net income/(loss)	11,921	-44,532	-42,962

Basic EPS	0.02	-0.068	-0.07
Diluted EPS	0.02	-0.068	-0.07
Basic Average Shares	685,155,000	652,677,164	651,944,000
Diluted Average Shares	727,223,000	652,677,164	651,944,000

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