Verrica Pharmaceuticals Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
VRCA$3.52-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets as of December 31, 2023 and 2022
BALANCE SHEETS
(in thousands, except share and per share amounts)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $69,547 | $34,273 |
| Accounts receivable | 4,248 | — |
| Collaboration revenue receivable | — | 388 |
| Unbilled collaboration revenue | 168 | 99 |
| Inventory | 1,022 | — |
| Prepaid expenses and other current assets | 2,545 | 4,355 |
| Total current assets | 77,530 | 39,115 |
| Property and equipment, net | 1,052 | 3,887 |
| Operating lease right-of-use asset | 1,158 | 1,443 |
| Finance lease right-of-use asset | 1,405 | — |
| Other non-current assets | 452 | 276 |
| Total assets | $81,597 | $44,721 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $2,464 | $507 |
| Accrued expenses and other current liabilities | 13,860 | 2,655 |
| Operating lease liability | 324 | 297 |
| Finance lease liability | 376 | — |
| Total current liabilities | 17,024 | 3,459 |
| Operating lease liability | 910 | 1,229 |
| Finance lease liability | 1,026 | — |
| Long term debt | 42,874 | — |
| Total liabilities | 61,834 | 4,688 |
| Commitments and Contingencies (Note 7) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and December 31, 2022 | — | — |
| Common stock, $0.0001 par value; 200,000,000 authorized; 42,518,697 shares issued and 42,413,553 shares outstanding as of December 31, 2023 and 41,199,197 shares issued and 41,094,053 shares outstanding as of December 31, 2022 | 4 | 4 |
| Treasury stock, at cost, 105,144 shares as of December 31, 2023 and 2022 | — | — |
| Additional paid-in capital | 250,207 | 203,482 |
| Accumulated deficit | (230,448) | (163,453) |
| Total stockholders’ equity | 19,763 | 40,033 |
| Total liabilities and stockholders’ equity | $81,597 | $44,721 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.