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 Statements of Operations and Comprehensive Loss
(In thousands, except share and per share data)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenues: | ||||
| License revenue | $233 | $— | $239 | $— |
| Collaboration revenue - related parties | 51 | 75 | 186 | 147 |
| Total revenues | 284 | 75 | 425 | 147 |
| Operating expenses: | ||||
| Research and development (1) | 71,577 | 86,626 | 149,208 | 163,461 |
| Selling, general and administrative | 54,975 | 20,216 | 93,654 | 37,319 |
| Total operating expenses | 126,552 | 106,842 | 242,862 | 200,780 |
| Loss from operations | (126,268) | (106,767) | (242,437) | (200,633) |
| Other income (expense), net: | ||||
| Interest income | 8,490 | 6,546 | 16,362 | 14,086 |
| Interest expense | (8,307) | (514) | (11,769) | (1,100) |
| Change in fair value of derivative liability | (1,190) | — | 6,340 | — |
| Other income (expense), net | 156 | — | (516) | — |
| Total other income (expense), net | (851) | 6,032 | 10,417 | 12,986 |
| Net loss | $(127,119) | $(100,735) | $(232,020) | $(187,647) |
| Net loss per share, basic and diluted, common stock | $(1.05) | $(1.00) | $(1.95) | $(1.87) |
| Weighted-average common shares outstanding, basic and diluted | 107,884,104 | 81,593,463 | 105,063,550 | 81,471,496 |
| Net loss per share, basic and diluted, Series A convertible preferred stock | $(69.72) | $(66.99) | $(129.94) | $(124.93) |
| Weighted-average Series A convertible preferred shares outstanding, basic and diluted | 134,754 | 134,864 | 134,809 | 134,864 |
| Net loss per share, basic and diluted, Series B convertible preferred stock | $(69.72) | $(66.98) | $(129.94) | $(124.93) |
| Weighted-average Series B convertible preferred shares outstanding, basic and diluted | 70,270 | 145,160 | 74,920 | 145,160 |
| Comprehensive loss: | ||||
| Net loss | $(127,119) | $(100,735) | $(232,020) | $(187,647) |
| Other comprehensive income (loss): | ||||
| Unrealized gain (loss) on available-for-sale securities | (598) | (176) | (1,606) | 79 |
| Foreign currency translation adjustment | 3 | — | 6 | — |
| Total other comprehensive income (loss) | (595) | (176) | (1,600) | 79 |
| Comprehensive loss | $(127,714) | $(100,911) | $(233,620) | $(187,568) |
(1) Includes related party amount of $0 and $1,500 and for the three and six months ended June 30, 2026, respectively, and $0 and $4,528 for the three and six months ended June 30, 2025.
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