$VSTM
Verastem, Inc.

2013 Q2 Form 10-Q Financial Statement

#000104746913005779 Filed on May 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $4.240M $3.790M $2.130M
YoY Change 91.86% 77.93% 353.19%
% of Gross Profit
Research & Development $6.045M $5.296M $4.803M
YoY Change 29.08% 10.26% 611.56%
% of Gross Profit
Depreciation & Amortization $50.00K $56.00K $46.00K
YoY Change 25.0% 21.74%
% of Gross Profit
Operating Expenses $10.28M $9.081M $6.928M
YoY Change 49.13% 31.08% 504.54%
Operating Profit -$10.28M -$9.081M -$6.928M
YoY Change 49.13% 31.08% 504.54%
Interest Expense $30.00K $40.00K $60.00K
YoY Change -57.14% -33.33%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$10.25M -$9.040M -$6.870M
YoY Change 50.07% 31.59% 497.39%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$10.25M -$9.037M -$6.871M
YoY Change 50.18% 31.52% 499.56%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$494.5K -$441.4K -$339.6K
COMMON SHARES
Basic Shares Outstanding 21.29M shares 21.15M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.50M $66.70M $41.10M
YoY Change 48.58% 62.29%
Cash & Equivalents $13.88M $28.25M $25.47M
Short-Term Investments $43.60M $38.50M $15.60M
Other Short-Term Assets $800.0K $1.000M $400.0K
YoY Change 100.0% 150.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $58.29M $67.71M $41.56M
YoY Change 48.7% 62.93%
LONG-TERM ASSETS
Property, Plant & Equipment $730.0K $755.0K $793.0K
YoY Change -8.75% -4.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $20.60M $17.70M $68.30M
YoY Change -68.6% -74.08%
Other Assets $295.0K $100.0K $100.0K
YoY Change 195.0% 0.0%
Total Long-Term Assets $21.67M $18.53M $69.15M
YoY Change -67.42% -73.2%
TOTAL ASSETS
Total Short-Term Assets $58.29M $67.71M $41.56M
Total Long-Term Assets $21.67M $18.53M $69.15M
Total Assets $79.96M $86.24M $110.7M
YoY Change -24.35% -22.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.034M $1.926M $1.936M
YoY Change -18.64% -0.52%
Accrued Expenses $2.354M $1.114M $1.001M
YoY Change 208.52% 11.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.238M $3.364M $2.937M
YoY Change 63.69% 14.54%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00 $100.0K
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $0.00 $0.00 $100.0K
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.238M $3.364M $2.937M
Total Long-Term Liabilities $0.00 $0.00 $100.0K
Total Liabilities $5.300M $3.400M $3.000M
YoY Change 60.61% 13.33%
SHAREHOLDERS EQUITY
Retained Earnings -$65.74M -$55.49M -$21.34M
YoY Change 160.04%
Common Stock $2.000K $2.000K $2.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $74.69M $82.83M $107.7M
YoY Change
Total Liabilities & Shareholders Equity $79.96M $86.24M $110.7M
YoY Change -24.35% -22.1%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income -$10.25M -$9.037M -$6.871M
YoY Change 50.18% 31.52% 499.56%
Depreciation, Depletion And Amortization $50.00K $56.00K $46.00K
YoY Change 25.0% 21.74%
Cash From Operating Activities -$6.320M -$6.340M -$4.900M
YoY Change 25.4% 29.39% 463.22%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K $0.00 $130.0K
YoY Change -25.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$7.980M $25.25M -$48.06M
YoY Change 72.35% -152.54%
Cash From Investing Activities -$8.010M $25.25M -$48.19M
YoY Change 71.52% -152.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -30.00K -770.0K 57.60M
YoY Change -101.34%
NET CHANGE
Cash From Operating Activities -6.320M -6.340M -4.900M
Cash From Investing Activities -8.010M 25.25M -48.19M
Cash From Financing Activities -30.00K -770.0K 57.60M
Net Change In Cash -14.36M 18.14M 4.510M
YoY Change 47.89% 302.22% -618.39%
FREE CASH FLOW
Cash From Operating Activities -$6.320M -$6.340M -$4.900M
Capital Expenditures -$30.00K $0.00 $130.0K
Free Cash Flow -$6.290M -$6.340M -$5.030M
YoY Change 25.8% 26.04% 478.16%

Facts In Submission

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Files In Submission

Name View Source Status
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R3.htm Edgar Link pending
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report.css Edgar Link pending
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vstm-20130331.xml Edgar Link completed
vstm-20130331.xsd Edgar Link pending
vstm-20130331_cal.xml Edgar Link unprocessable
vstm-20130331_def.xml Edgar Link unprocessable
vstm-20130331_lab.xml Edgar Link unprocessable
vstm-20130331_pre.xml Edgar Link unprocessable