Viridian Therapeutics IncDE

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

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 Statements of Changes in Stockholders’ Equity

(in thousands, except share data)

Preferred Stock · Common Stock · AdditionalPaid-inCapital · Accumulated Other Comprehensive (Loss) Income · AccumulatedDeficit · TotalStockholders’Equity
Series A Convertible Preferred Stock · Series B Convertible Preferred Stock
Shares · Amount · Shares · Amount · Shares · Amount
Balance as of December 31, 2020	398,487	$180,801		—			$—			4,231,135		$42			$218,089			$(8)			$(278,887)			$120,037
Issuance of common stock upon the conversion of convertible preferred stock	(138,050)		(62,637)		—			—			9,203,732		92			62,545			—			—			—
Issuance of Series B preferred stock and common stock in the 2021 Public Offering, net of issuance costs of $1,291 and $5,983, respectively	—		—		23,126		15,669		7,344,543		73			74,734		—			—			90,476
Issuance of common stock upon exercises of warrants	—		—		—			—			77,871		1			1,284			—			—			1,285
Issuance of common stock for exercises of stock options	—		—		—			—			106,831		1			1,026			—			—			1,027
Issuance of common stock upon the vesting of restricted stock units	—		—		—			—			10,574		—			—			—			—			—
Issuance of common stock, 2021 ATM, net of issuance costs of $1,004	—		—		—			—			2,551,269		26			32,423			—			—			32,449
Issuance of common stock under license agreement	—		—		—			—			394,737		4			7,496						7,500
Issuance of common stock for cash under employee stock purchase plan	—		—		—			—			3,312		—			39			—			—			39
Share-based compensation expense	—		—		—			—			—		—			14,465			—			—			14,465
Change in unrealized loss on investments	—		—		—			—			—		—			—			(149)			—			(149)
Net loss	—		—		—			—			—		—			—			—			(79,413)			(79,413)
Balance as of December 31, 2021	260,437	$118,164		23,126			$15,669			23,924,004		$239			$412,101			$(157)			$(358,300)			$187,716
Issuance of common stock upon the conversion of convertible preferred stock	(72,056)		(32,694)		—			—			4,803,965		48			32,646			—			—			—
Issuance of Series B preferred stock and common stock, 2022 Public Offering, net of issuance costs of $2,992 and $18,146, respectively	—	—		28,084		41,008			11,352,640			114			248,528			—			—			289,650
Issuance of common stock, September 2022 ATM, net of issuance costs of $926	—	—		—			—			964,357		10			24,150		—			—			24,160
Issuance of common stock upon exercises of warrants	—	—		—			—			56,666		1			934			—			—			935
Issuance of common stock for exercises of stock options	—	—		—			—			191,291		2			2,760			—			—			2,762
Issuance of common stock for cash under employee stock purchase plan	—	—		—			—			13,024		—			183			—			—			183
Share-based compensation expense	—	—		—			—			—		—			19,765			—			—			19,765
Change in unrealized loss on investments	—	—		—			—			—		—			—			(233)			—			(233)
Net loss	—	—		—			—			—		—			—			—			(129,874)			(129,874)
Balance as of December 31, 2022	188,381	$85,470		51,210			$56,677			41,305,947		$414			$741,067			$(390)			$(488,174)			$395,064

Preferred Stock · Common Stock · AdditionalPaid-inCapital · Accumulated Other Comprehensive (Loss) Income · AccumulatedDeficit · TotalStockholders’Equity
Series A Convertible Preferred Stock · Series B Convertible Preferred Stock
Shares · Amount · Shares · Amount · Shares · Amount
Issuance of common stock upon the conversion of convertible preferred stock	(15,946)		(7,235)		—			—			1,063,118		10			7,225			—			—			—
Issuance of common stock under license agreement	—	—		—		—			243,902		3			5,690			—			—			5,693
Issuance of Series B preferred stock and common stock, 2023 Private Placement, net of issuance costs	—	—		92,312		71,604			8,869,797		89			102,914			—			—			174,607
Issuance of common stock, September 2022 ATM, net of issuance costs	—	—		—			—			684,298			7			14,761			—			—			14,768
Issuance of common stock upon exercises of warrants	—	—		—		—			114,219		1			1,880			—			—			1,881
Issuance of common stock for exercises of stock options	—	—		—		—			1,538,199		15			19,248			—			—			19,263
Issuance of common stock for cash under employee stock purchase plan	—	—		—		—			31,216		—			580			—			—			580
Vesting of restricted stock units	—	—		—			—			135,416			1			(1)			—			—			—
Share-based compensation expense	—	—		—		—			—		—			67,172			—			—			67,172
Change in unrealized gain on investments	—	—		—		—			—		—			—			728			—			728
Net loss	—	—		—			—			—		—			—			—			(237,734)			(237,734)
Balance as of December 31, 2023	172,435	$78,235		143,522		$128,281			53,986,112		$540			$960,536			$338			$(725,908)			$442,022

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.