Vera Therapeutics, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout 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.
FY2025 · Filed Feb 26, 2026
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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Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Operating expenses: | |||
| Research and development | $215,256 | $126,172 | $78,225 |
| General and administrative | 100,217 | 40,998 | 23,787 |
| Total operating expenses | 315,473 | 167,170 | 102,012 |
| Loss from operations | (315,473) | (167,170) | (102,012) |
| Other income (expense): | |||
| Interest income | 24,479 | 20,714 | 7,979 |
| Interest expense | (7,531) | (7,626) | (3,786) |
| Other (expense) income, net | (1,089) | 1,935 | 1,830 |
| Total other income, net | 15,859 | 15,023 | 6,023 |
| Loss before provision for income taxes | (299,614) | (152,147) | (95,989) |
| Provision for income taxes | (1) | (1) | (1) |
| Net loss | $(299,615) | $(152,148) | $(95,990) |
| Other comprehensive loss: | |||
| Change in fair value on marketable securities | 393 | 142 | 251 |
| Comprehensive loss | $(299,222) | $(152,006) | $(95,739) |
| Net loss per share attributable to common stockholders, basic and diluted | $(4.66) | $(2.75) | $(2.25) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted | 64,233,814 | 55,326,680 | 42,707,072 |
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