Viridian Therapeutics IncDE
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
VRDN$30.86+2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Year EndedDecember 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue: | |||
| Collaboration revenue - related party | $302 | $314 | $1,772 |
| Operating expenses: | |||
| Research and development (including related party expenses of $14,191, $12,035, and $5,619 during the years ended December 31, 2024, 2023, and 2022, respectively) | 238,254 | 159,765 | 100,894 |
| General and administrative | 61,083 | 94,999 | 35,182 |
| Total operating expenses | 299,337 | 254,764 | 136,076 |
| Loss from operations | (299,035) | (254,450) | (134,304) |
| Other income (expense): | |||
| Interest and other income | 32,132 | 18,563 | 4,916 |
| Interest and other expense | (3,046) | (1,847) | (486) |
| Other income, net | 29,086 | 16,716 | 4,430 |
| Net loss | $(269,949) | $(237,734) | $(129,874) |
| Net loss per share, basic and diluted, common stock | $(3.07) | $(3.91) | $(2.71) |
| Weighted-average shares common shares outstanding, basic and diluted | 67,885,831 | 44,755,475 | 32,087,293 |
| Net loss per share, basic and diluted, Series A convertible preferred stock | $(204.82) | $(260.70) | $(181.03) |
| Weighted-average Series A convertible preferred stock outstanding, basic and diluted | 154,856 | 174,226 | 203,190 |
| Net loss per share, basic and diluted, Series B convertible preferred stock | $(204.82) | $(260.69) | $(180.85) |
| Weighted-average Series B convertible preferred stock outstanding, basic and diluted | 144,862 | 66,385 | 33,436 |
| Comprehensive loss: | |||
| Net loss | $(269,949) | $(237,734) | $(129,874) |
| Other comprehensive (loss) income: | |||
| Change in unrealized (loss) gain on investments | (348) | 728 | (233) |
| Total other comprehensive (loss) income | (348) | 728 | (233) |
| Total comprehensive loss | $(270,297) | $(237,006) | $(130,107) |
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