Viridian Therapeutics, Inc.\de balance sheet
At the end of fiscal 2025, Viridian Therapeutics, Inc.\de had total assets of $899m, total liabilities of $177m and shareholders' equity of $722m. It held $212m in cash against $49.9m of debt: net cash of $162m.
Balance sheet
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0 | 5 | 21 | 22 | 47 | 33 | 25 | 46 | 42 | 156 | 103 | 100 | 212 | 165 |
| Receivables | 1 | 1 | 0 | 0 | 1 | 0 | 0 | — | — | — | — | — | — | — |
| Inventory | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2 | 7 | 12 | 24 | 52 | 65 | 30 | 130 | 200 | 431 | 486 | 738 | 894 | 1,081 |
| Total assets | 4 | 8 | 13 | 25 | 52 | 66 | 30 | 131 | 204 | 435 | 490 | 742 | 899 | 1,097 |
| Accounts payable | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 14 | 2 | 2 | 9 | 9 |
| Deferred revenue (current) | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current liabilities | 27 | 2 | 2 | 7 | 4 | 7 | 10 | 11 | 14 | 33 | 27 | 48 | 71 | 64 |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | 0 | 0 | — | — |
| Long-term debt | — | — | — | 3 | 10 | 10 | 8 | 0 | 0 | 5 | 20 | 21 | 0 | 242 |
| Total debt | 0 | 0 | 0 | 5 | 10 | 12 | 12 | 0 | 0 | 5 | 20 | 21 | 50 | 242 |
| Total liabilities | — | — | — | 10 | 14 | 15 | 15 | 11 | 16 | 40 | 48 | 71 | 177 | 435 |
| Shareholders' equity | −24 | 6 | −45 | −62 | 39 | 51 | 16 | 120 | 188 | 395 | 442 | 672 | 722 | 662 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | — | 77 | — | — | — | — | — | — | — | — | — | — |
| Net debt (negative = net cash) | −0 | −5 | −21 | −17 | −37 | −20 | −13 | −46 | −42 | −151 | −83 | −79 | −162 | 77 |
| Shares outstanding | — | — | — | — | — | — | 2m | 4m | — | — | 54m | 81m | 102m | 113m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 767 | 738 | 657 | 579 | 572 | 894 | 785 | 1,081 |
| Total assets | 772 | 742 | 661 | 582 | 577 | 899 | 789 | 1,097 |
| Accounts payable | 6 | 2 | 4 | 9 | 10 | 9 | 13 | 9 |
| Deferred revenue (current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current liabilities | 41 | 48 | 34 | 53 | 51 | 71 | 52 | 64 |
| Short-term debt | — | 0 | — | 8 | — | — | — | — |
| Long-term debt | 21 | 21 | 21 | 12 | 21 | 0 | — | 242 |
| Total debt | 21 | 21 | 21 | 21 | 21 | 0 | — | 242 |
| Total liabilities | 64 | 71 | 57 | 67 | 74 | 177 | 153 | 435 |
| Shareholders' equity | 707 | 672 | 604 | 515 | 503 | 722 | 636 | 662 |
| Shares outstanding | 79m | 81m | 82m | 82m | 82m | 102m | 102m | 113m |
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