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Viridian Therapeutics IncDE

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

VRDN$30.19+6.0%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets

(in thousands, except share and per share data)

December 31,
20232022
Assets
Current assets:
Cash and cash equivalents$102,827$155,579
Short-term investments374,543268,971
Prepaid expenses and other current assets9,0066,521
Unbilled revenue - related party102102
Total current assets486,478431,173
Property and equipment, net1,6721,326
Operating lease right-of-use asset1,6701,610
Other assets604982
Total assets$490,424$435,091
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable$2,239$14,234
Accrued liabilities and other (including related party of $374 and $1,146 as of December 31, 2023 and 2022, respectively)24,10818,827
Current portion of deferred revenue - related party288288
Total current liabilities26,63533,349
Long-term debt, net20,2054,645
Deferred revenue - related party573861
Other liabilities9891,172
Total liabilities48,40240,027
Commitments and contingencies
Stockholders’ equity:
Preferred stock, series A non-voting convertible preferred stock, $0.01 par value; 435,000 shares authorized; 172,435 and 188,381 shares issued and outstanding as of December 31, 2023 and 2022, respectively78,23585,470
Preferred stock, series B non-voting convertible preferred stock, $0.01 par value; 500,000 shares authorized; 143,522 and 51,210 shares issued and outstanding as of December 31, 2023 and 2022, respectively128,28156,677
Common stock, $0.01 par value; 200,000,000 shares authorized; 53,986,112 and 41,305,947 shares issued and outstanding as of December 31, 2023 and 2022, respectively540414
Additional paid-in capital960,536741,067
Accumulated other comprehensive gain (loss)338(390)
Accumulated deficit(725,908)(488,174)
Total stockholders’ equity442,022395,064
Total liabilities and stockholders’ equity$490,424$435,091
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.