Viridian Therapeutics, Inc.\DE
For the period ended Mar 31, 2026. Filed May 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 5, 2026
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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Condensed Consolidated Statements of Cash Flows
(In thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(104,901) | $(86,912) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Share-based compensation expense | 13,390 | 10,220 |
| Non-cash interest expense | 2,344 | 103 |
| Depreciation and amortization | 121 | 117 |
| Accretion and amortization of available-for-sale securities | (1,857) | (2,320) |
| Change in fair value of derivative liability | (7,530) | — |
| Other non-cash items | 169 | (6) |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other assets | (2,334) | 285 |
| Accounts payable | 4,630 | 1,765 |
| Accrued and other liabilities | (23,686) | (15,905) |
| Net cash used in operating activities | (119,654) | (92,653) |
| Cash flows from investing activities: | ||
| Purchases of marketable securities | (91,320) | (71,243) |
| Maturities of marketable securities | 168,604 | 171,391 |
| Purchase of property and equipment | (23) | (86) |
| Net cash provided by investing activities | 77,261 | 100,062 |
| Cash flows from financing activities: | ||
| Proceeds from sale of common stock in at-the-market offerings | — | 4,943 |
| Payments of issuance costs associated with the sale of common stock | — | (207) |
| Proceeds from the exercise of warrants | — | 1,618 |
| Proceeds from issuance of common stock upon exercises of stock options | 6,357 | 2,297 |
| Proceeds from issuance of common stock under employee stock purchase plan | — | 561 |
| Net cash provided by financing activities | 6,357 | 9,212 |
| Net increase (decrease) in cash and cash equivalents | (36,036) | 16,621 |
| Cash and cash equivalents at beginning of period | 212,382 | 99,594 |
| Cash and cash equivalents at end of period | $176,346 | $116,215 |
| Supplemental disclosure of cash flow information | ||
| Cash paid for interest | $1,119 | $448 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.