Financial insights of VSTM

MyFinsight

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue	18,671	7,729*	NaN	NaN
Cost of sales - product	2,772	1,150*	NaN	NaN
Cost of sales - intangible amortization	279	175*	NaN	NaN
Research and development	38,218	28,650*	NaN	NaN
Revenue-Product	NaN	NaN	11,242	NaN
Selling, general and administrative	22,299	20,287*	NaN	NaN
Cost of sales - product	NaN	NaN	1,670	NaN
Total operating expenses	63,568	50,261*	NaN	NaN
Cost of sales - intangible amortization	NaN	NaN	290	NaN
Loss from operations	-44,897	-42,532*	NaN	NaN
Research and development expenses	NaN	NaN	28,412	NaN
Other expense	-61	-51*	NaN	NaN
Commercial expenses	NaN	NaN	9,594	NaN
Interest income	1,297	1,017*	NaN	NaN
Medical affairs expenses	NaN	NaN	3,047	NaN
General and administrative expenses	NaN	NaN	6,764	NaN
Stock-based compensation expense	NaN	NaN	2,178	NaN
Depreciation expense	NaN	NaN	2	NaN
Interest income	NaN	NaN	1,182	NaN
Interest expense	382	342*	319	NaN
Loss on debt extinguishment	NaN	-456*	NaN	NaN
Change in fair value of warrant liability	-9,323	-24,078*	55,881	NaN
Change in fair value of notes	1,871	4,507*	2,748	NaN
Other segment items	NaN	NaN	37	NaN
Net loss before taxes	NaN	-22,793	NaN	NaN
Net loss	-36,591	-22,793*	-98,518	-25,934
Unrealized gain (loss) on available-for-sale securities	-7	NaN	NaN	NaN
Change in fair value of notes attributable to instrument specific credit risk	-3,396	912*	-2,745	-1,349
Comprehensive loss	-33,202	-23,705	-95,773	-24,585

Basic EPS	-0.37	-0.345	-1.35	-0.39
Diluted EPS	-0.46	-0.39	-1.35	-0.62
Basic Average Shares	98,292,000	68,627,000	73,157,000	66,143,000
Diluted Average Shares	99,148,000	60,733,000	73,157,000	74,037,000

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