Financial Snapshot

Revenue
$302.0K
TTM
Gross Margin
Net Earnings
-$257.1M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1855.13%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$707.5M
Q3 2024
Cash
Q3 2024
P/E
-6.150
Nov 29, 2024 EST
Free Cash Flow
-$197.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $314.0K $1.772M $2.963M $1.050M $4.461M $8.386M $4.003M $3.477M $5.706M $6.484M $4.320M $4.410M $1.920M
YoY Change -82.28% -40.2% 182.19% -76.46% -46.8% 109.49% 15.13% -39.06% -12.0% 50.09% -2.04% 129.69%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $314.0K $1.772M $2.963M $1.050M $4.461M $8.386M $4.003M $3.477M $5.706M $6.484M $4.320M $4.410M $1.920M
Cost Of Revenue $2.548M $2.472M $3.366M $2.780M $3.040M $2.390M
Gross Profit $929.0K $3.234M $3.118M $1.540M $1.360M -$470.0K
Gross Profit Margin 26.72% 56.68% 48.09% 35.65% 30.84% -24.48%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $95.00M $35.18M $25.81M $13.27M $11.35M $11.05M $10.91M $8.441M $10.25M $7.574M $1.760M $4.230M $3.200M
YoY Change 170.02% 36.34% 94.46% 16.92% 2.71% 1.28% 29.25% -17.66% 35.34% 330.34% -58.39% 32.19%
% of Gross Profit 908.61% 316.98% 242.91% 114.29% 311.03%
Research & Development $159.8M $100.9M $56.89M $28.30M $34.79M $30.42M $19.62M $13.69M $1.002M $347.0K $230.0K $230.0K $100.0K
YoY Change 58.35% 77.36% 100.98% -18.65% 14.37% 55.03% 43.32% 1266.47% 188.76% 50.87% 0.0% 130.0%
% of Gross Profit 1473.84% 30.98% 11.13% 14.94% 16.91%
Depreciation & Amortization $500.0K $300.0K $100.0K $200.0K $300.0K $300.0K $300.0K $300.0K $184.0K $144.0K $150.0K $140.0K $120.0K
YoY Change 66.67% 200.0% -50.0% -33.33% 0.0% 0.0% 0.0% 63.04% 27.78% -4.0% 7.14% 16.67%
% of Gross Profit 32.29% 5.69% 4.62% 9.74% 10.29%
Operating Expenses $254.8M $136.1M $82.69M $111.4M $46.44M $41.47M $30.54M $20.46M $13.73M $11.19M $1.980M $4.460M $3.310M
YoY Change 87.22% 64.56% -25.79% 139.94% 11.98% 35.81% 49.21% 49.1% 22.69% 465.0% -55.61% 34.74%
Operating Profit -$254.5M -$134.3M -$79.73M -$110.4M -$41.98M -$33.08M -$26.53M -$16.99M -$11.19M -$6.867M -$440.0K -$3.100M -$3.780M
YoY Change 89.46% 68.45% -27.77% 162.94% 26.89% 24.69% 56.19% 51.85% 62.91% 1460.68% -85.81% -17.99%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $16.72M $500.0K $315.0K -$340.0K $110.0K $380.0K $20.00K $95.00K $141.0K $1.023M -$1.960M -$1.590M -$560.0K
YoY Change 3243.2% 58.73% -192.65% -409.09% -71.05% 1800.0% -78.95% -32.62% -86.22% -152.19% 23.27% 183.93%
% of Operating Profit
Other Income/Expense, Net $16.72M $4.430M $318.0K $173.0K $941.0K $1.254M $403.0K $39.00K $141.0K
YoY Change 277.34% 1293.08% 83.82% -81.62% -24.96% 211.17% 933.33% -72.34%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$237.7M -$129.9M -$79.41M -$110.7M -$41.87M -$32.70M -$26.51M -$17.27M -$11.33M -$7.890M -$2.160M -$5.620M -$4.340M
YoY Change 83.05% 63.54% -28.28% 164.44% 28.04% 23.35% 53.5% 52.43% 43.6% 265.28% -61.57% 29.49%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$237.7M -$129.9M -$79.41M -$110.7M -$41.87M -$32.70M -$26.51M -$17.27M -$11.33M -$7.890M -$2.160M -$7.210M -$12.83M
YoY Change 83.05% 63.54% -28.27% 164.41% 28.04% 23.35% 53.48% 52.49% 43.57% 265.28% -70.04% -43.8%
Net Earnings / Revenue -75711.46% -7329.23% -2680.16% -10544.29% -938.65% -389.97% -662.3% -496.81% -198.53% -121.68% -50.0% -163.49% -668.23%
Basic Earnings Per Share -$5.31 -$4.05 -$6.66 -$31.13
Diluted Earnings Per Share -$5.31 -$4.05 -$6.66 -$31.13 -$20.03M -$16.60M -$20.71M -$431.8M -$283.3M -$789.0M -$108.0M -$360.5M -$641.5M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $477.4M $424.6M $197.0M $127.6M $26.80M $62.50M $47.40M $22.10M $10.80M $5.100M $200.0K $100.0K $700.0K
YoY Change 12.44% 115.55% 54.36% 376.12% -57.12% 31.86% 114.48% 104.63% 111.76% 2450.0% 100.0% -85.71%
Cash & Equivalents $102.8M $155.6M $42.30M $45.90M $24.80M $32.60M $47.40M $22.10M $10.80M $5.100M $200.0K $100.0K $700.0K
Short-Term Investments $374.5M $269.0M $154.7M $81.70M $2.000M $29.90M
Other Short-Term Assets $9.006M $6.521M $2.747M $2.000M $2.800M $2.900M $3.000M $1.800M $300.0K $400.0K $500.0K $200.0K $200.0K
YoY Change 38.11% 137.39% 37.35% -28.57% -3.45% -3.33% 66.67% 500.0% -25.0% -20.0% 150.0% 0.0%
Inventory $200.0K $200.0K $400.0K $200.0K $300.0K
Prepaid Expenses
Receivables $102.0K $102.0K $451.0K $100.0K $0.00 $1.500M $0.00 $400.0K $1.100M $1.000M $1.200M $800.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $486.5M $431.2M $200.2M $129.6M $29.70M $65.40M $51.90M $23.90M $11.70M $6.800M $2.100M $1.700M $2.000M
YoY Change 12.83% 115.41% 54.45% 336.36% -54.59% 26.01% 117.15% 104.27% 72.06% 223.81% 23.53% -15.0%
Property, Plant & Equipment $3.342M $2.936M $2.055M $800.0K $500.0K $700.0K $600.0K $600.0K $1.200M $1.200M $900.0K $1.100M $1.100M
YoY Change 13.83% 42.87% 156.88% 60.0% -28.57% 16.67% 0.0% -50.0% 0.0% 33.33% -18.18% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $604.0K $982.0K $1.491M $900.0K $0.00 $100.0K $100.0K $300.0K $0.00 $100.0K $700.0K $0.00 $0.00
YoY Change -38.49% -34.14% 65.67% -100.0% 0.0% -66.67% -100.0% -85.71%
Total Long-Term Assets $3.946M $3.918M $3.546M $1.700M $600.0K $700.0K $600.0K $900.0K $1.200M $1.300M $1.600M $1.100M $1.200M
YoY Change 0.71% 10.49% 108.59% 183.33% -14.29% 16.67% -33.33% -25.0% -7.69% -18.75% 45.45% -8.33%
Total Assets $490.4M $435.1M $203.7M $131.3M $30.30M $66.10M $52.50M $24.80M $12.90M $8.100M $3.700M $2.800M $3.200M
YoY Change
Accounts Payable $2.239M $14.23M $2.329M $700.0K $1.100M $600.0K $900.0K $1.000M $200.0K $300.0K $100.0K $0.00 $200.0K
YoY Change -84.27% 511.16% 232.71% -36.36% 83.33% -33.33% -10.0% 400.0% -33.33% 200.0% -100.0%
Accrued Expenses $24.11M $18.83M $11.02M $9.700M $5.100M $3.900M $3.000M $3.900M $900.0K $300.0K $200.0K $0.00 $100.0K
YoY Change 28.05% 70.87% 13.59% 90.2% 30.77% 30.0% -23.08% 333.33% 200.0% 50.0% -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.100M $0.00 $26.60M $22.50M $14.30M
YoY Change -100.0% -100.0% 18.22% 57.34%
Long-Term Debt Due $0.00 $4.000M $2.300M $0.00 $2.000M $0.00 $300.0K $400.0K $400.0K $100.0K
YoY Change -100.0% 73.91% -100.0% -100.0% -25.0% 0.0% 300.0%
Total Short-Term Liabilities $26.64M $33.35M $13.64M $10.70M $10.20M $6.700M $3.900M $6.900M $2.500M $2.000M $27.30M $23.60M $16.60M
YoY Change -20.13% 144.57% 27.44% 4.9% 52.24% 71.79% -43.48% 176.0% 25.0% -92.67% 15.68% 42.17%
Long-Term Debt $20.21M $4.645M $0.00 $0.00 $4.300M $8.000M $9.900M $2.800M $0.00 $0.00 $300.0K $600.0K $100.0K
YoY Change 334.98% -100.0% -46.25% -19.19% 253.57% -100.0% -50.0% 500.0%
Other Long-Term Liabilities $1.562M $2.033M $2.357M $500.0K $0.00 $100.0K $200.0K $0.00 $0.00 $100.0K $0.00 $0.00
YoY Change -23.17% -13.75% 371.4% -100.0% -50.0% -100.0%
Total Long-Term Liabilities $21.77M $6.678M $2.357M $500.0K $4.300M $8.100M $10.10M $2.800M $0.00 $100.0K $300.0K $600.0K $100.0K
YoY Change 225.95% 183.33% 371.4% -88.37% -46.91% -19.8% 260.71% -100.0% -66.67% -50.0% 500.0%
Total Liabilities $48.40M $40.03M $15.99M $11.20M $14.50M $14.80M $14.00M $9.700M $2.500M $2.100M $27.60M $24.20M $16.70M
YoY Change 20.92% 150.28% 42.79% -22.76% -2.03% 5.71% 44.33% 288.0% 19.05% -92.39% 14.05% 44.91%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 44.76M shares 32.09M shares 11.92M shares 3.557M shares
Diluted Shares Outstanding 44.76M shares 32.09M shares 11.92M shares 3.557M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.5811 Billion

About Viridian Therapeutics, Inc.\DE

Viridian Therapeutics, Inc. is a clinical stage biopharmaceutical company, which engages in the development of proprietary RNA-targeted therapeutics. The company is headquartered in Waltham, Massachusetts and currently employs 94 full-time employees. The company went IPO on 2014-06-18. The firm is advancing multiple candidates in the clinic for the treatment of patients with thyroid eye disease (TED). The firm is conducting two global Phase 3 clinical trials (THRIVE and THRIVE-2) to evaluate the safety and efficacy of VRDN-001 in patients with active and chronic TED. The company is focused on advancing VRDN-001 as a potential intravenous therapy followed by VRDN-003 as a potential subcutaneous therapy for the treatment of TED. Its advanced program, VRDN-001, is a differentiated humanized monoclonal antibody targeting IGF-1R intravenously administered for the treatment of TED. In addition to its TED portfolio, the Company is advancing a novel portfolio of neonatal Fc receptor (FcRn) inhibitors, including VRDN-006 and VRDN-008, which has the potential to be developed in multiple autoimmune diseases.

Industry: Services-Medical Laboratories Peers: Arcellx, Inc. Coherus BioSciences, Inc. IGM Biosciences, Inc. MANNKIND CORP Mirum Pharmaceuticals, Inc. NORTHWEST BIOTHERAPEUTICS INC Replimune Group, Inc. SANGAMO THERAPEUTICS, INC Seres Therapeutics, Inc.