2024 Q3 Form 10-Q Financial Statement

#000165731224000025 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q4
Revenue $5.624M $0.00 $0.00
YoY Change -100.0%
Cost Of Revenue $543.0K $0.00
YoY Change -100.0%
Gross Profit $5.081M $0.00
YoY Change -100.0%
Gross Profit Margin 90.34%
Selling, General & Admin $35.20M $49.04M $14.97M
YoY Change 163.58% 294.17% 79.89%
% of Gross Profit 692.7%
Research & Development $10.55M $19.39M $4.122M
YoY Change 256.73% 1631.07% -39.72%
% of Gross Profit 207.68%
Depreciation & Amortization $266.0K $270.0K $208.0K
YoY Change 71.61% 71.97% 37.75%
% of Gross Profit 5.24%
Operating Expenses $46.29M $68.42M $19.09M
YoY Change 183.8% 586.63% 25.94%
Operating Profit -$40.67M -$68.42M -$19.09M
YoY Change 149.32% 586.63% 26.88%
Interest Expense $9.882M $1.757M $3.875M
YoY Change 2364.34% 137.43% -16.58%
% of Operating Profit
Other Income/Expense, Net -$2.045M -$1.398M $1.034M
YoY Change -222.6% -195.23% 29.9%
Pretax Income -$42.71M -$69.82M -$14.19M
YoY Change 191.69% 721.71% 36.09%
Income Tax $250.0K $1.014M -$53.00K
% Of Pretax Income
Net Earnings -$42.96M -$70.84M -$14.13M
YoY Change 192.52% 704.3% 35.22%
Net Earnings / Revenue -763.9%
Basic Earnings Per Share -$0.07 -$0.11
Diluted Earnings Per Share -$0.07 -$0.11 -$0.02
COMMON SHARES
Basic Shares Outstanding 649.9M shares 648.7M shares 639.5M shares
Diluted Shares Outstanding 651.9M shares 648.2M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $336.0M $404.6M $271.8M
YoY Change 30.57% 49.45% 19.29%
Cash & Equivalents $336.0M $404.6M $271.8M
Short-Term Investments
Other Short-Term Assets $3.443M $2.576M $3.365M
YoY Change -45.51% -57.49% -0.68%
Inventory $4.315M $0.00
Prepaid Expenses $7.964M $5.433M $3.617M
Receivables $6.904M $0.00
Other Receivables $5.587M
Total Short-Term Assets $364.3M $416.3M $289.7M
YoY Change 31.72% 44.63% 19.22%
LONG-TERM ASSETS
Property, Plant & Equipment $40.00K $44.00K $24.00K
YoY Change 300.0% 300.0% -67.12%
Goodwill $545.0K $545.0K $545.0K
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $15.00M $15.00M $15.00M
YoY Change 0.0% 0.0% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $17.57M $17.83M $18.42M
YoY Change 10.17% 10.77% 11.8%
TOTAL ASSETS
Total Short-Term Assets $364.3M $416.3M $289.7M
Total Long-Term Assets $17.57M $17.83M $18.42M
Total Assets $381.8M $434.1M $308.1M
YoY Change 30.55% 42.84% 18.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.831M $4.152M $3.492M
YoY Change 730.01% 66.55% 20.0%
Accrued Expenses $18.14M $19.63M $3.585M
YoY Change 145.28% 162.89% -73.93%
Deferred Revenue $169.0K $21.32M $0.00
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $27.95M $48.35M $8.692M
YoY Change 210.14% 341.56% -54.32%
LONG-TERM LIABILITIES
Long-Term Debt $120.0M $119.7M $48.37M
YoY Change 502.91% 502.74% 395.23%
Other Long-Term Liabilities $103.4M $97.82M $1.775M
YoY Change 516740.0% 325953.33% 765.85%
Total Long-Term Liabilities $223.4M $217.5M $50.15M
YoY Change 1021.09% 993.69% 402.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.95M $48.35M $8.692M
Total Long-Term Liabilities $223.4M $217.5M $50.15M
Total Liabilities $251.3M $265.8M $58.84M
YoY Change 768.53% 762.14% 102.89%
SHAREHOLDERS EQUITY
Retained Earnings -$528.5M -$485.3M -$388.4M
YoY Change 41.27% 35.14% 16.6%
Common Stock $42.77M $42.77M $42.77M
YoY Change 2.44% 2.44% 5.54%
Preferred Stock
YoY Change
Treasury Stock (at cost) $828.0K $1.203M $1.517M
YoY Change 10.99% 23.38% -2.07%
Treasury Stock Shares
Shareholders Equity $130.5M $168.3M $249.3M
YoY Change
Total Liabilities & Shareholders Equity $381.8M $434.1M $308.1M
YoY Change 30.55% 42.84% 18.75%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q4
OPERATING ACTIVITIES
Net Income -$42.96M -$70.84M -$14.13M
YoY Change 192.52% 704.3% 35.22%
Depreciation, Depletion And Amortization $266.0K $270.0K $208.0K
YoY Change 71.61% 71.97% 37.75%
Cash From Operating Activities -$62.66M -$17.10M -$10.40M
YoY Change 392.3% -19.75% 34.43%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $29.00K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 -$29.00K $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.087M 166.8M 24.01M
YoY Change -14864.58% 134441.94% 818.59%
NET CHANGE
Cash From Operating Activities -62.66M -17.10M -10.40M
Cash From Investing Activities 0.000 -29.00K 0.000
Cash From Financing Activities -7.087M 166.8M 24.01M
Net Change In Cash -69.74M 149.7M 13.61M
YoY Change 450.06% -806.57% -365.61%
FREE CASH FLOW
Cash From Operating Activities -$62.66M -$17.10M -$10.40M
Capital Expenditures $0.00 $29.00K $0.00
Free Cash Flow -$62.66M -$17.13M -$10.40M
YoY Change 392.3% -19.61% 34.43%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5433000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3617000 usd
CY2024Q2 vrna Tax Credit And Income Taxes Receivable Current
TaxCreditAndIncomeTaxesReceivableCurrent
3684000 usd
CY2023Q4 vrna Tax Credit And Income Taxes Receivable Current
TaxCreditAndIncomeTaxesReceivableCurrent
10954000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
545000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
545000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
15000000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
15000000 usd
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
4152000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3492000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
19630000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3585000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
2576000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3365000 usd
CY2024Q2 us-gaap Assets Current
AssetsCurrent
416292000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
289708000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2242000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2847000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5074000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19852000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-70835000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
648217000 shares
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57500000 shares
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3653000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2024Q2 us-gaap Investment Income Net
InvestmentIncomeNet
3140000 usd
CY2023Q2 us-gaap Investment Income Net
InvestmentIncomeNet
3402000 usd
CY2024Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
17831000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
18416000 usd
CY2024Q2 us-gaap Assets
Assets
434123000 usd
CY2023Q4 us-gaap Assets
Assets
308124000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
21322000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
0 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1031000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1180000 usd
CY2024Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
1011000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
0 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1200000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
435000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
48346000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8692000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
119687000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
48374000 usd
CY2024Q2 vrna Securites Purchased Noncurrent Revenue Interest
SecuritesPurchasedNoncurrentRevenueInterest
96338000 usd
CY2023Q4 vrna Securites Purchased Noncurrent Revenue Interest
SecuritesPurchasedNoncurrentRevenueInterest
0 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1478000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1775000 usd
CY2024Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
217503000 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
50149000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
265849000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
58841000 usd
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
667659630 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
667659630 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
648654174 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
643536094 shares
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
42771000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
42771000 usd
CY2024Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
616618000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
601063000 usd
CY2024Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1203000 usd
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1517000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4601000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4601000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-485311000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-388433000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
168274000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
249283000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
434123000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
308124000 usd
CY2024Q2 vrna Research And Development Expense Net Of Adjustments
ResearchAndDevelopmentExpenseNetOfAdjustments
19388000 usd
CY2023Q2 vrna Research And Development Expense Net Of Adjustments
ResearchAndDevelopmentExpenseNetOfAdjustments
-2474000 usd
vrna Research And Development Expense Net Of Adjustments
ResearchAndDevelopmentExpenseNetOfAdjustments
26152000 usd
vrna Research And Development Expense Net Of Adjustments
ResearchAndDevelopmentExpenseNetOfAdjustments
10136000 usd
CY2024Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
49035000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12439000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
69469000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22028000 usd
CY2024Q2 us-gaap Operating Expenses
OperatingExpenses
68423000 usd
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
9965000 usd
us-gaap Operating Expenses
OperatingExpenses
95621000 usd
us-gaap Operating Expenses
OperatingExpenses
32164000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-68423000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-9965000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-95621000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-32164000 usd
CY2024Q2 vrna Gain Loss From Research And Development Tax Credit
GainLossFromResearchAndDevelopmentTaxCredit
847000 usd
CY2023Q2 vrna Gain Loss From Research And Development Tax Credit
GainLossFromResearchAndDevelopmentTaxCredit
-1934000 usd
vrna Gain Loss From Research And Development Tax Credit
GainLossFromResearchAndDevelopmentTaxCredit
1432000 usd
vrna Gain Loss From Research And Development Tax Credit
GainLossFromResearchAndDevelopmentTaxCredit
379000 usd
CY2024Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3653000 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Investment Income Net
InvestmentIncomeNet
6518000 usd
us-gaap Investment Income Net
InvestmentIncomeNet
6079000 usd
CY2024Q2 us-gaap Interest Expense
InterestExpense
1757000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
740000 usd
us-gaap Interest Expense
InterestExpense
3343000 usd
us-gaap Interest Expense
InterestExpense
1033000 usd
CY2024Q2 vrna Foreign Currency Transaction Gain Loss Before Tax Excluding Finance Leases
ForeignCurrencyTransactionGainLossBeforeTaxExcludingFinanceLeases
25000 usd
CY2023Q2 vrna Foreign Currency Transaction Gain Loss Before Tax Excluding Finance Leases
ForeignCurrencyTransactionGainLossBeforeTaxExcludingFinanceLeases
740000 usd
vrna Foreign Currency Transaction Gain Loss Before Tax Excluding Finance Leases
ForeignCurrencyTransactionGainLossBeforeTaxExcludingFinanceLeases
-194000 usd
vrna Foreign Currency Transaction Gain Loss Before Tax Excluding Finance Leases
ForeignCurrencyTransactionGainLossBeforeTaxExcludingFinanceLeases
1672000 usd
CY2024Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1398000 usd
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1468000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
760000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7097000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-69821000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8497000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-94861000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-25067000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1014000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
310000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1768000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
483000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-70835000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-8807000 usd
us-gaap Net Income Loss
NetIncomeLoss
-96629000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25550000 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
648217000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
648217000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
634469000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
634469000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
646959000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
646959000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
627996000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
627996000 shares
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
249283000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-25794000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
816000 usd
CY2024Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3338000 usd
CY2024Q1 vrna Adjustments To Additional Paid In Capital Reclassification From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalReclassificationFromShareBasedCompensation
237000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4258000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
224988000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-70835000 usd
CY2024Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1273000 usd
CY2024Q2 vrna Adjustments To Additional Paid In Capital Reclassification From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalReclassificationFromShareBasedCompensation
200000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15594000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
168274000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
230466000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-16743000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1827000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4290000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
276749000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-8807000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
77000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5074000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
273093000 usd
us-gaap Net Income Loss
NetIncomeLoss
-96629000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25550000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-194000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1672000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
285000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
88000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
120000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
51000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3653000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
19852000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9364000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
533000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
314000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1816000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1605000 usd
vrna Increase Decrease In Tax And Tax Credit Receivables Current
IncreaseDecreaseInTaxAndTaxCreditReceivablesCurrent
-7201000 usd
vrna Increase Decrease In Tax And Tax Credit Receivables Current
IncreaseDecreaseInTaxAndTaxCreditReceivablesCurrent
380000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-35000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
2016000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
756000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-417000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
11617000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6285000 usd
vrna Increase Decrease In License Agreement Obligations
IncreaseDecreaseInLicenseAgreementObligations
21322000 usd
vrna Increase Decrease In License Agreement Obligations
IncreaseDecreaseInLicenseAgreementObligations
0 usd
vrna Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-365000 usd
vrna Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-305000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
1765000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-939000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
765000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-951000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30712000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-27093000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
45000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
56909000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
122500000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
9996000 usd
vrna Proceeds From Revenue Interest Purchase And Sale Agreement Ripsa
ProceedsFromRevenueInterestPurchaseAndSaleAgreementRIPSA
100000000 usd
vrna Proceeds From Revenue Interest Purchase And Sale Agreement Ripsa
ProceedsFromRevenueInterestPurchaseAndSaleAgreementRIPSA
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2303000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
52256000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5048000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
816000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1904000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
163709000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
68809000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-125000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1184000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
132827000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
42900000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271772000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
227827000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
404599000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
270727000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1215000 usd
us-gaap Interest Paid Net
InterestPaidNet
2021000 usd
us-gaap Interest Paid Net
InterestPaidNet
685000 usd
vrna Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
1 subsidiary
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-485300000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:110%">Use of estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">The preparation of interim unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting periods. Significant estimates and assumptions reflected in these unaudited condensed consolidated financial statements include, but are not limited to, the accrual and prepayment of research and development expenses, and the fair value of share-based compensation. Estimates are periodically reviewed in light of changes in circumstances, facts and experience. Changes in estimates are recorded in the period in which they become known, and actual results could differ from the Company’s estimates.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:110%">Inventories, including Pre-Launch Inventories</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">Prior to obtaining regulatory approval for Ohtuvayre, the Company expensed costs relating to production of pre-launch inventory as research and development expense in its condensed consolidated statements of operations and comprehensive loss in the period incurred. Inventory acquired and the related costs after June 26, 2024, the date of the FDA’s approval of Ohtuvayre, will be capitalized. Products used in clinical trials are expensed as research and development expense in the statement of operations and comprehensive loss. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">The Company will value its inventories at the lower-of-actual cost or net realizable value. Due to the timing of the approval of Ohtuvayre, the Company did not capitalize any inventory costs in the three or six months ended June 30, 2024.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:110%">Revenue Interest Purchase and Sale Agreement</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">The revenue interest purchase and sale agreement (the “RIPSA”) liability is eligible to be repaid based on royalties from net sales of Ohtuvayre (ensifentrine) and any other future products. Interest expense is accrued using the effective interest rate method over the estimated period the related liability will be paid. This requires the Company to estimate the total amount of future royalty payments to be generated from product sales over the life of the agreement. The Company imputes interest on the carrying value of the RIPSA and records interest expense using an imputed effective interest rate. The Company reassesses the expected royalty payments each reporting period and accounts for any changes through an adjustment to the effective interest rate on a prospective basis. The assumptions used in determining the expected repayment term of the debt and amortization period of the issuance costs require </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">that the Company make estimates that could impact the carrying value of the liability, as well as the periods over which associated issuance costs will be amortized. A significant increase or decrease in forecasted net sales could materially impact each of the liability balances, interest expense and the time periods for repayment. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:110%">Recently issued accounting standards not yet adopted</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures, which requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as information on income taxes paid. The standard is intended to benefit investors by providing more detailed income tax disclosures that would be useful in making capital allocation decisions. The amendments in this ASU are effective for annual periods beginning on December 15, 2024, and should be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. This ASU will have no impact on the Company's Consolidated Balance Sheets or Consolidated Statements of Operations and Comprehensive Loss. The Company is currently evaluating the impact to its income tax disclosures.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">In November 2023, the FASB issued ASU No. 2023-07, Improvements to Reportable Segment Disclosures, which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. In addition, the amendments enhance interim disclosure requirements, clarify circumstances in which an entity can disclose multiple segment measures of profit or loss, provide new segment disclosure requirements for entities with a single reportable segment, and contain other disclosure requirements. The purpose of the amendments is to enable investors to better understand an entity's overall performance and assess potential future cash flows. The amendments in this ASU are effective for annual periods beginning on December 15, 2023 and interim periods beginning on December 15, 2024 and should be applied on a retrospective basis for all periods presented. This ASU will have no impact on the Company's Consolidated Balance Sheets or Consolidated Statements of Operations and Comprehensive Loss. The Company is currently evaluating the impact to its segment disclosures.</span></div>
CY2024Q2 vrna Accrued Research And Development Fees Current
AccruedResearchAndDevelopmentFeesCurrent
5959000 usd
CY2023Q4 vrna Accrued Research And Development Fees Current
AccruedResearchAndDevelopmentFeesCurrent
752000 usd
CY2024Q2 vrna Accrued Professional Fees Listing And General Corporate Costs Current
AccruedProfessionalFeesListingAndGeneralCorporateCostsCurrent
5095000 usd
CY2023Q4 vrna Accrued Professional Fees Listing And General Corporate Costs Current
AccruedProfessionalFeesListingAndGeneralCorporateCostsCurrent
2039000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3964000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
794000 usd
CY2024Q2 vrna Accrued Debt Issuance Costs Current
AccruedDebtIssuanceCostsCurrent
4612000 usd
CY2023Q4 vrna Accrued Debt Issuance Costs Current
AccruedDebtIssuanceCostsCurrent
0 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
19630000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3585000 usd
CY2024Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.20
CY2024Q2 vrna Accrued Debt Issuance Costs Current
AccruedDebtIssuanceCostsCurrent
4600000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15594000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9364000 usd
CY2024Q2 dei Entity Listing Depository Receipt Ratio
EntityListingDepositoryReceiptRatio
8
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24689624 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2432000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
64000 shares
CY2024Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1037424 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
26020200 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
7924000 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
72000 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
160000 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
33712200 shares
CY2024Q2 dei Entity Listing Depository Receipt Ratio
EntityListingDepositoryReceiptRatio
8
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-8807000 usd
us-gaap Net Income Loss
NetIncomeLoss
-96629000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25550000 usd
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
648217000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
634469000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
634469000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
646959000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
646959000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
627996000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
627996000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57500000 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
48500000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
48500000 shares
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001657312-24-000025-index-headers.html Edgar Link pending
0001657312-24-000025-index.html Edgar Link pending
0001657312-24-000025.txt Edgar Link pending
0001657312-24-000025-xbrl.zip Edgar Link pending
exhibit311q224.htm Edgar Link pending
exhibit312q224.htm Edgar Link pending
exhibit321q224.htm Edgar Link pending
exhibit322q224.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
redactedverona-revenuein.htm Edgar Link pending
redactedverona-revenuein001.jpg Edgar Link pending
redactedverona-revenuein002.jpg Edgar Link pending
redactedverona-revenuein003.jpg Edgar Link pending
redactedverona-revenuein004.jpg Edgar Link pending
redactedverona-revenuein005.jpg Edgar Link pending
redactedverona-revenuein006.jpg Edgar Link pending
redactedverona-revenuein007.jpg Edgar Link pending
redactedverona-revenuein008.jpg Edgar Link pending
redactedverona-revenuein009.jpg Edgar Link pending
redactedverona-revenuein010.jpg Edgar Link pending
redactedverona-revenuein011.jpg Edgar Link pending
redactedverona-revenuein012.jpg Edgar Link pending
redactedverona-revenuein013.jpg Edgar Link pending
redactedverona-revenuein014.jpg Edgar Link pending
redactedverona-revenuein015.jpg Edgar Link pending
redactedverona-revenuein016.jpg Edgar Link pending
redactedverona-revenuein017.jpg Edgar Link pending
redactedverona-revenuein018.jpg Edgar Link pending
redactedverona-revenuein019.jpg Edgar Link pending
redactedverona-revenuein020.jpg Edgar Link pending
redactedverona-revenuein021.jpg Edgar Link pending
redactedverona-revenuein022.jpg Edgar Link pending
redactedverona-revenuein023.jpg Edgar Link pending
redactedverona-revenuein024.jpg Edgar Link pending
redactedverona-revenuein025.jpg Edgar Link pending
redactedverona-revenuein026.jpg Edgar Link pending
redactedverona-revenuein027.jpg Edgar Link pending
redactedverona-revenuein028.jpg Edgar Link pending
redactedverona-revenuein029.jpg Edgar Link pending
redactedverona-revenuein030.jpg Edgar Link pending
redactedverona-revenuein031.jpg Edgar Link pending
redactedverona-revenuein032.jpg Edgar Link pending
redactedverona-revenuein033.jpg Edgar Link pending
redactedverona-revenuein034.jpg Edgar Link pending
redactedverona-revenuein035.jpg Edgar Link pending
redactedverona-revenuein036.jpg Edgar Link pending
redactedverona-revenuein037.jpg Edgar Link pending
redactedverona-revenuein038.jpg Edgar Link pending
redactedverona-revenuein039.jpg Edgar Link pending
redactedverona-revenuein040.jpg Edgar Link pending
redactedverona-revenuein041.jpg Edgar Link pending
redactedverona-revenuein042.jpg Edgar Link pending
redactedverona-revenuein043.jpg Edgar Link pending
redactedverona-revenuein044.jpg Edgar Link pending
redactedverona-revenuein045.jpg Edgar Link pending
redactedverona-revenuein046.jpg Edgar Link pending
redactedverona-revenuein047.jpg Edgar Link pending
redactedverona-revenuein048.jpg Edgar Link pending
redactedverona-revenuein049.jpg Edgar Link pending
redactedverona-revenuein050.jpg Edgar Link pending
redactedverona-revenuein051.jpg Edgar Link pending
redactedverona-revenuein052.jpg Edgar Link pending
redactedverona-revenuein053.jpg Edgar Link pending
redactedverona-revenuein054.jpg Edgar Link pending
redactedverona-revenuein055.jpg Edgar Link pending
redactedverona-revenuein056.jpg Edgar Link pending
redactedverona-revenuein057.jpg Edgar Link pending
redactedverona-revenuein058.jpg Edgar Link pending
redactedverona-revenuein059.jpg Edgar Link pending
redactedverona-revenuein060.jpg Edgar Link pending
redactedverona-revenuein061.jpg Edgar Link pending
redactedverona-revenuein062.jpg Edgar Link pending
redactedverona-revenuein063.jpg Edgar Link pending
redactedverona-revenuein064.jpg Edgar Link pending
redactedverona-revenuein065.jpg Edgar Link pending
redactedverona-revenuein066.jpg Edgar Link pending
redactedverona-revenuein067.jpg Edgar Link pending
redactedverona-revenuein068.jpg Edgar Link pending
redactedverona-revenuein069.jpg Edgar Link pending
redactedverona-revenuein070.jpg Edgar Link pending
redactedverona-revenuein071.jpg Edgar Link pending
redactedverona-revenuein072.jpg Edgar Link pending
redactedverona-revenuein073.jpg Edgar Link pending
redactedverona-revenuein074.jpg Edgar Link pending
redactedverona-revenuein075.jpg Edgar Link pending
redactedverona-revenuein076.jpg Edgar Link pending
redactedverona-revenuein077.jpg Edgar Link pending
redactedverona-revenuein078.jpg Edgar Link pending
redactedverona-revenuein079.jpg Edgar Link pending
redactedverona-revenuein080.jpg Edgar Link pending
redactedverona-revenuein081.jpg Edgar Link pending
redactedverona-revenuein082.jpg Edgar Link pending
redactedverona-revenuein083.jpg Edgar Link pending
redactedverona-revenuein084.jpg Edgar Link pending
redactedverona-revenuein085.jpg Edgar Link pending
redactedverona-revenuein086.jpg Edgar Link pending
redactedverona-revenuein087.jpg Edgar Link pending
redactedverona-revenuein088.jpg Edgar Link pending
redactedverona-revenuein089.jpg Edgar Link pending
redactedverona-revenuein090.jpg Edgar Link pending
redactedverona-revenuein091.jpg Edgar Link pending
redactedverona-revenuein092.jpg Edgar Link pending
redactedverona-revenuein093.jpg Edgar Link pending
redactedverona-revenuein094.jpg Edgar Link pending
redactedverona-revenuein095.jpg Edgar Link pending
redactedverona-revenuein096.jpg Edgar Link pending
redactedverona-revenuein097.jpg Edgar Link pending
redactedverona-revenuein098.jpg Edgar Link pending
redactedverona-revenuein099.jpg Edgar Link pending
redactedverona-revenuein100.jpg Edgar Link pending
redactedverona-revenuein101.jpg Edgar Link pending
redactedverona-revenuein102.jpg Edgar Link pending
redactedverona-revenuein103.jpg Edgar Link pending
redactedverona-revenuein104.jpg Edgar Link pending
redactedverona-revenuein105.jpg Edgar Link pending
redactedverona-revenuein106.jpg Edgar Link pending
redactedverona-revenuein107.jpg Edgar Link pending
redactedverona-revenuein108.jpg Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vrna-20240630.htm Edgar Link pending
vrna-20240630.xsd Edgar Link pending
vrna-20240630_g1.jpg Edgar Link pending
vrna-20240630_cal.xml Edgar Link unprocessable
vrna-20240630_def.xml Edgar Link unprocessable
vrna-20240630_lab.xml Edgar Link unprocessable
vrna-20240630_pre.xml Edgar Link unprocessable
vrna-20240630_htm.xml Edgar Link completed