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Viridian Therapeutics IncDE

For the period ended Dec 31, 2024. Filed Mar 3, 2025.

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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.

FY2024 · Filed Mar 3, 2025

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,
20242023
Assets
Current assets:
Cash and cash equivalents$99,594$102,827
Short-term investments617,990374,543
Prepaid expenses and other current assets (including related party of $800 and $— as of December 31, 2024 and 2023, respectively)20,8779,006
Unbilled revenue - related party—102
Total current assets738,461486,478
Property and equipment, net1,2361,672
Operating lease right-of-use asset2,2051,670
Other assets501604
Total assets$742,403$490,424
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable$2,143$2,239
Accrued liabilities and other (including related party of $0 and $374 as of December 31, 2024 and 2023, respectively)45,44324,108
Current portion of deferred revenue - related party288288
Total current liabilities47,87426,635
Long-term debt, net20,58220,205
Deferred revenue - related party284573
Other liabilities2,024989
Total liabilities70,76448,402
Commitments and contingencies
Stockholders’ equity:
Preferred stock, series A non-voting convertible preferred stock, $0.01 par value; 435,000 shares authorized; 134,864 and 172,435 shares issued and outstanding as of December 31, 2024 and 2023, respectively61,18878,235
Preferred stock, series B non-voting convertible preferred stock, $0.01 par value; 500,000 shares authorized; 145,160 and 143,522 shares issued and outstanding as of December 31, 2024 and 2023, respectively127,697128,281
Common stock, $0.01 par value; 200,000,000 shares authorized; 80,994,046 and 53,986,112 shares issued and outstanding as of December 31, 2024 and 2023, respectively810540
Additional paid-in capital1,477,811960,536
Accumulated other comprehensive income (loss)(10)338
Accumulated deficit(995,857)(725,908)
Total stockholders’ equity671,639442,022
Total liabilities and stockholders’ equity$742,403$490,424
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.