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Vera Therapeutics Inc

For the period ended Dec 31, 2023. Filed Mar 27, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 27, 2024

VERA$30.61+2.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Balance Sheets

(in thousands, except share and per share amounts)

December 31,December 31,
20232022
Assets
Current assets:
Cash and cash equivalents$45,681$43,459
Marketable securities115,03571,194
Prepaid expenses and other assets, current11,30711,045
Total current assets172,023125,698
Restricted cash, noncurrent—293
Property and equipment, net9251
Operating lease right-of-use assets2,9495,173
Prepaid expenses and other assets, noncurrent471162
Non-marketable equity securities1158
Total assets$175,546$131,435
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable$11,118$11,991
Operating lease liabilities2,4362,645
Accrued expenses and other liabilities, current8,74910,964
Total current liabilities22,30325,600
Long-term debt49,87724,810
Operating lease liabilities, noncurrent1,3953,831
Accrued expenses and other liabilities, noncurrent286286
Total liabilities73,86154,527
Stockholders’ equity
Preferred stock, $0.001 par value; 10,000,000 authorized as of December 31, 2023 and December 31, 2022; no shares issued and outstanding as of December 31, 2023 and December 31, 2022——
Class A common stock, $0.001 par value; 500,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 44,452,161 and 27,800,861 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively4428
Additional paid-in capital410,492290,216
Accumulated other comprehensive gain (loss)251(224)
Accumulated deficit(309,102)(213,112)
Total stockholders’ equity101,68576,908
Total liabilities and stockholders’ equity$175,546$131,435
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.