Viridian Therapeutics, Inc.\DE
For the period ended Jun 30, 2026. Filed Aug 6, 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.
Jun 30, 2026 · Filed Aug 6, 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 Balance Sheets
(In thousands, except share and per share data)
| June 30,2026 | December 31,2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $164,986 | $212,382 |
| Marketable securities | 816,544 | 662,270 |
| Other receivable | 75,000 | — |
| Prepaid expenses and other current assets | 24,740 | 19,581 |
| Total current assets | 1,081,270 | 894,233 |
| Property and equipment, net | 2,765 | 1,228 |
| Operating lease right-of-use asset | 2,085 | 2,421 |
| Intangible asset, net | 10,000 | — |
| Other assets | 1,113 | 1,536 |
| Total assets | $1,097,233 | $899,418 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $8,652 | $8,683 |
| Accrued liabilities | 55,142 | 62,013 |
| Total current liabilities | 63,794 | 70,696 |
| Long-term debt, net | — | 49,940 |
| Derivative liability | 13,690 | 20,030 |
| Liability related to the sale of future revenue, net | 113,642 | 34,244 |
| Convertible notes, net | 242,159 | — |
| Other liabilities | 1,851 | 2,341 |
| Total liabilities | 435,136 | 177,251 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, series A non-voting convertible preferred stock, $0.01 par value; 435,000 shares authorized; 133,191 and 134,864 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | 60,432 | 61,188 |
| Preferred stock, series B non-voting convertible preferred stock, $0.01 par value; 500,000 shares authorized; 48,463 and 79,620 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | 37,592 | 70,868 |
| Common stock, $0.01 par value; 200,000,000 shares authorized; 113,238,218 and 101,826,500 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | 1,132 | 1,018 |
| Additional paid-in capital | 2,134,572 | 1,927,104 |
| Accumulated other comprehensive income (loss) | (1,153) | 447 |
| Accumulated deficit | (1,570,478) | (1,338,458) |
| Total stockholders’ equity | 662,097 | 722,167 |
| Total liabilities and stockholders’ equity | $1,097,233 | $899,418 |
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