Viking Therapeutics Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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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.
FY2024 · Filed Feb 26, 2025
VKTX$28.66-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(In thousands)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities | |||
| Net loss | $(109,963) | $(85,895) | $(68,867) |
| Adjustments to reconcile net loss to net cash used in operating activities | |||
| (Accretion) amortization of investment premiums | (17,267) | (8,202) | 1,217 |
| Amortization of financing costs | 94 | 88 | 59 |
| Stock-based compensation | 29,712 | 16,750 | 8,673 |
| Amortization of right-of-use assets | 346 | 292 | 291 |
| Realized gain on investment | (112) | — | — |
| Interest expense related to operating lease liability | 38 | 43 | 41 |
| Changes in operating assets and liabilities: | |||
| Prepaid expenses and other current assets | 446 | 6,408 | (3,130) |
| Accrued interest, net of interest receivable on maturity of investments | 1,199 | 321 | 614 |
| Accounts payable | 2,303 | (1,018) | 7,085 |
| Accrued expenses | 5,816 | (1,816) | 5,809 |
| Lease liability | (402) | (347) | (189) |
| Net cash used in operating activities | (87,790) | (73,376) | (48,397) |
| Cash flows from investing activities | |||
| Purchases of investments | (1,113,368) | (478,303) | (121,431) |
| Proceeds from sales and maturities of investments | 560,002 | 299,217 | 176,184 |
| Net cash (used in) provided by investing activities | (553,366) | (179,086) | 54,753 |
| Cash flows from financing activities | |||
| Public offering, net of offering costs | 597,094 | 269,760 | (22) |
| Value of shares withheld related to employee tax withholding | (42,101) | (7,121) | (1,533) |
| Repurchase of common stock | — | — | (6,795) |
| Proceeds from warrant and option exercises and stock issuances under employee stock purchase plan | 10,813 | 6,768 | 848 |
| ATM offering, net of fees | 46,658 | 1,969 | 11,665 |
| Net cash provided by financing activities | 612,464 | 271,376 | 4,163 |
| Net (decrease) increase in cash and cash equivalents | (28,692) | 18,914 | 10,519 |
| Cash and cash equivalents beginning of period | 55,516 | 36,632 | 26,371 |
| Effect of exchange rate changes on cash | (148) | (30) | (258) |
| Cash and cash equivalents end of period | $26,676 | $55,516 | $36,632 |
| Supplemental disclosure of non-cash investing and financing transactions | |||
| Unpaid deferred public offering and other financing costs | $50 | $50 | $31 |
| Right-of-use asset obtained in exchange for lease obligation | $223 | $— | $1,664 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.