Vera Therapeutics, Inc. (VERA) Financial Statements (2024 and earlier)
Company Profile
Business Address |
8000 MARINA BOULEVARD, SUITE 120 BRISBANE, CA 94005 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
---|---|---|---|---|---|
ASSETS | |||||
Current Assets | |||||
Cash, cash equivalents, and short-term investments | 114,711 | 80,541 | |||
Cash and cash equivalents | 43,459 | 79,674 | |||
Short-term investments | 71,252 | 867 | |||
Prepaid expense | 1,245 | 1,412 | |||
Deposits current assets | 57 | ||||
Other current assets | 823 | 423 | |||
Other undisclosed current assets | 8,919 | 104 | |||
Total current assets: | 125,698 | 82,537 | |||
Noncurrent Assets | |||||
Operating lease, right-of-use asset | 5,173 | ||||
Property, plant and equipment | 51 | ||||
Long-term investments and receivables | 58 | 867 | |||
Long-term investments | 58 | 867 | |||
Regulated entity, other noncurrent assets | |||||
Restricted cash and investments | 293 | 293 | |||
Other undisclosed noncurrent assets | 162 | 51 | |||
Total noncurrent assets: | 5,737 | 1,211 | |||
TOTAL ASSETS: | 131,435 | 83,748 | |||
LIABILITIES AND EQUITY | |||||
Liabilities | |||||
Current Liabilities | |||||
Accounts payable and accrued liabilities | 22,955 | 7,313 | |||
Accounts payable | 11,991 | 1,385 | |||
Accrued liabilities | 10,964 | 5,928 | |||
Restructuring reserve | 377 | ||||
Other undisclosed current liabilities | 2,645 | ||||
Total current liabilities: | 25,600 | 7,690 | |||
Noncurrent Liabilities | |||||
Liabilities, other than long-term debt | 3,831 | 1,257 | |||
Restructuring reserve | 1,257 | ||||
Operating lease, liability | 3,831 | ||||
Other undisclosed noncurrent liabilities | 25,096 | 5,209 | |||
Total noncurrent liabilities: | 28,927 | 6,466 | |||
Total liabilities: | 54,527 | 14,156 | |||
Equity | |||||
Equity, attributable to parent, including: | 76,908 | 69,592 | |||
Additional paid in capital | 290,216 | 193,627 | |||
Accumulated other comprehensive loss | (224) | ||||
Accumulated deficit | (213,112) | (124,056) | |||
Other undisclosed equity, attributable to parent | 28 | 21 | |||
Total equity: | 76,908 | 69,592 | |||
TOTAL LIABILITIES AND EQUITY: | 131,435 | 83,748 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
---|---|---|---|---|
Revenues (Other Income) | 1,899 | |||
Gross profit: | 1,899 | |||
Operating expenses | (90,903) | (34,402) | ||
Other undisclosed operating loss | (1,899) | |||
Operating loss: | (90,903) | (34,402) | ||
Nonoperating income | 1,848 | 1,794 | ||
Investment income, nonoperating | 1,750 | 15 | ||
Interest and debt expense | (992) | (20) | ||
Loss from continuing operations before equity method investments, income taxes: | (90,047) | (32,628) | ||
Other undisclosed income from continuing operations before income taxes | 992 | 20 | ||
Loss from continuing operations before income taxes: | (89,055) | (32,608) | ||
Income tax expense (benefit) | (1) | 1 | ||
Other undisclosed loss from continuing operations | ||||
Loss from continuing operations: | (89,056) | (32,607) | ||
Loss before gain (loss) on sale of properties: | ✕ | ✕ | (32,607) | |
Net loss: | (89,056) | (32,607) | ||
Other undisclosed net income (loss) attributable to parent | (2) | |||
Net loss available to common stockholders, diluted: | (89,056) | (32,609) |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
---|---|---|---|---|
Net loss: | (89,056) | (32,607) | ||
Other comprehensive loss | (89,280) | |||
Other undisclosed comprehensive income | ||||
Comprehensive loss, net of tax, attributable to parent: | (178,336) | (32,607) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.