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VRDN Quote, Financials, Valuation and Earnings

Last price:
$15.91
Seasonality move :
-10.38%
Day range:
$15.81 - $16.35
52-week range:
$11.40 - $27.20
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
3,578.24x
P/B ratio:
2.69x
Volume:
371.8K
Avg. volume:
921K
1-year change:
-7.71%
Market cap:
$1.3B
Revenue:
$302K
EPS (TTM):
-$3.77
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $1.1M $3M $1.8M $314K $302K
Revenue Growth (YoY) -76.46% 182.19% -40.2% -82.28% -3.82%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $28.3M $56.9M $100.9M $159.8M $238.3M
Selling, General & Admin $13.3M $25.8M $35.2M $95M $61.1M
Other Inc / (Exp) -$69.9M -- -- -- --
Operating Expenses $41.6M $82.7M $136.1M $254.8M $299.3M
Operating Income -$40.5M -$79.7M -$134.3M -$254.5M -$299M
 
Net Interest Expenses $335K -- -- -- --
EBT. Incl. Unusual Items -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
 
Basic EPS (Cont. Ops) -$31.13 -$6.66 -$2.71 -$3.91 -$3.07
Diluted EPS (Cont. Ops) -$31.13 -$6.66 -$2.71 -$3.91 -$3.07
Weighted Average Basic Share $3.6M $11.9M $32.1M $44.8M $67.9M
Weighted Average Diluted Share $3.6M $11.9M $32.1M $44.8M $67.9M
 
EBITDA -$110M -$79.3M -$129.1M -$235.4M -$266.4M
EBIT -$110.2M -$79.4M -$129.4M -$235.9M -$266.9M
 
Revenue (Reported) $1.1M $3M $1.8M $314K $302K
Operating Income (Reported) -$40.5M -$79.7M -$134.3M -$254.5M -$299M
Operating Income (Adjusted) -$110.2M -$79.4M -$129.4M -$235.9M -$266.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $54K $214K $105K $72K $72K
Revenue Growth (YoY) -93.86% 296.3% -50.94% -31.43% --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $15.3M $22.4M $39.3M $38.6M $72M
Selling, General & Admin $5.5M $6.9M $9.9M $33M $15.6M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $20.8M $29.3M $49.2M $71.6M $87.5M
Operating Income -$20.7M -$29.1M -$49.1M -$71.5M -$87.5M
 
Net Interest Expenses $144K -- -- -- --
EBT. Incl. Unusual Items -$90.7M -$28.9M -$45.8M -$66.9M -$79.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$90.7M -$28.9M -$45.8M -$66.9M -$79.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$90.7M -$28.9M -$45.8M -$66.9M -$79.7M
 
Basic EPS (Cont. Ops) -$23.07 -$1.21 -$1.13 -$1.35 -$0.81
Diluted EPS (Cont. Ops) -$23.07 -$1.21 -$1.13 -$1.35 -$0.81
Weighted Average Basic Share $3.9M $23.9M $40.6M $49.8M $80.1M
Weighted Average Diluted Share $3.9M $23.9M $40.6M $49.8M $80.1M
 
EBITDA -$90.5M -$28.9M -$45.5M -$65.8M -$78.7M
EBIT -$90.6M -$28.9M -$45.6M -$65.9M -$78.9M
 
Revenue (Reported) $54K $214K $105K $72K $72K
Operating Income (Reported) -$20.7M -$29.1M -$49.1M -$71.5M -$87.5M
Operating Income (Adjusted) -$90.6M -$28.9M -$45.6M -$65.9M -$78.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $3M $1.8M $314K $302K
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $28.3M $56.9M $100.9M $159.8M $238.3M
Selling, General & Admin $13.3M $25.8M $35.2M $95M $61.1M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $41.6M $82.7M $136.1M $254.8M $299.3M
Operating Income -$40.5M -$79.7M -$134.3M -$254.5M -$299M
 
Net Interest Expenses $335K -- -- -- --
EBT. Incl. Unusual Items -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
 
Basic EPS (Cont. Ops) -$29.02 -$7.58 -$4.03 -$5.32 -$3.77
Diluted EPS (Cont. Ops) -$29.02 -$7.58 -$4.03 -$5.32 -$3.77
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$110M -$79.3M -$129.1M -$235.4M -$266.4M
EBIT -$110.2M -$79.5M -$129.4M -$235.9M -$266.9M
 
Revenue (Reported) -- $3M $1.8M $314K $302K
Operating Income (Reported) -$40.5M -$79.7M -$134.3M -$254.5M -$299M
Operating Income (Adjusted) -$110.2M -$79.5M -$129.4M -$235.9M -$266.9M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $3M $1.8M $314K $302K --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $56.9M $100.9M $159.8M $238.3M --
Selling, General & Admin $25.8M $35.2M $95M $61.1M --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $82.7M $136.1M $254.8M $299.3M --
Operating Income -$79.7M -$134.3M -$254.5M -$299M --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$79.4M -$129.9M -$237.7M -$269.9M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$79.4M -$129.9M -$237.7M -$269.9M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$79.4M -$129.9M -$237.7M -$269.9M --
 
Basic EPS (Cont. Ops) -$7.58 -$4.03 -$5.32 -$3.77 --
Diluted EPS (Cont. Ops) -$7.58 -$4.03 -$5.32 -$3.77 --
Weighted Average Basic Share $49.6M $128.3M $179M $271.5M --
Weighted Average Diluted Share $49.6M $128.3M $179M $271.5M --
 
EBITDA -$79.3M -$129.1M -$235.4M -$266.4M --
EBIT -$79.5M -$129.4M -$235.9M -$266.9M --
 
Revenue (Reported) $3M $1.8M $314K $302K --
Operating Income (Reported) -$79.7M -$134.3M -$254.5M -$299M --
Operating Income (Adjusted) -$79.5M -$129.4M -$235.9M -$266.9M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $45.9M $42.3M $155.6M $102.8M $99.6M
Short Term Investments $81.7M $154.7M $269M $374.5M $618M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $2M $2.7M $6.5M $9M $20.9M
Total Current Assets $129.6M $200.2M $431.2M $486.5M $738.5M
 
Property Plant And Equipment $787K $2.1M $2.9M $3.3M $3.4M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $1K $1.5M $982K $604K $501K
Total Assets $131.3M $203.7M $435.1M $490.4M $742.4M
 
Accounts Payable $670K $2.3M $14.2M $2.2M $2.1M
Accrued Expenses $7.2M $6.7M $13.3M $12.7M $34.2M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $455K $520K $613K $843K $513K
Other Current Liabilities $100K $100K $100K $100K $100K
Total Current Liabilities $10.7M $13.6M $33.3M $26.6M $47.9M
 
Long-Term Debt -- -- $4.6M $20.2M $20.6M
Capital Leases -- -- -- -- --
Total Liabilities $11.2M $16M $40M $48.4M $70.8M
 
Common Stock $180.8M $134.1M $142.6M $207.1M $189.7M
Other Common Equity Adj -$8K -$157K -$390K $338K -$10K
Common Equity -$60.8M $53.9M $252.9M $235.5M $482.8M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $120M $187.7M $395.1M $442M $671.6M
 
Total Liabilities and Equity $131.3M $203.7M $435.1M $490.4M $742.4M
Cash and Short Terms $127.6M $197M $424.6M $477.4M $717.6M
Total Debt -- -- $4.6M $20.2M $20.6M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $45.9M $42.3M $155.6M $102.8M $99.6M
Short Term Investments $81.7M $154.7M $269M $374.5M $618M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $2M $2.7M $6.5M $9M $20.9M
Total Current Assets $129.6M $200.2M $431.2M $486.5M $738.5M
 
Property Plant And Equipment $787K $2.1M $2.9M $3.3M $3.4M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $1K $1.5M $982K $604K $501K
Total Assets $131.3M $203.7M $435.1M $490.4M $742.4M
 
Accounts Payable $670K $2.3M $14.2M $2.2M $2.1M
Accrued Expenses $7.2M $6.7M $13.3M $12.7M $34.2M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $455K $520K $613K $843K $513K
Other Current Liabilities $100K $100K $100K $100K $100K
Total Current Liabilities $10.7M $13.6M $33.3M $26.6M $47.9M
 
Long-Term Debt -- -- $4.6M $20.2M $20.6M
Capital Leases -- -- -- -- --
Total Liabilities $11.2M $16M $40M $48.4M $70.8M
 
Common Stock $180.8M $134.1M $142.6M $207.1M $189.7M
Other Common Equity Adj -$8K -$157K -$390K $338K -$10K
Common Equity -- -- -- -- --
Total Preferred Equity $91M -- -- $76.2M --
Minority Interest, Total -- -- -- -- --
Total Equity $120M $187.7M $395.1M $442M $671.6M
 
Total Liabilities and Equity $131.3M $203.7M $435.1M $490.4M $742.4M
Cash and Short Terms $127.6M $197M $424.6M $477.4M $717.6M
Total Debt -- -- $4.6M $20.2M $20.6M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
Depreciation & Amoritzation $239K $120K $255K $522K $540K
Stock-Based Compensation $3.6M $14.5M $19.8M $67.2M $42.2M
Change in Accounts Receivable -- -$451K $349K -- $102K
Change in Inventories -- -- -- -- --
Cash From Operations -$29.8M -$54.6M -$93.8M -$184.2M -$232.3M
 
Capital Expenditures $42K $338K $797K $898K $511K
Cash Acquisitions $29.4M -- -- -- --
Cash From Investing -$50.5M -$74.3M -$115.1M -$94.3M -$228.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $1.7M -- $5M $15M --
Long-Term Debt Repaid -$10.3M -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$6.2M -$8.3M -$22.5M -$12.3M -$26.9M
Cash From Financing $101.3M $125.3M $322.2M $225.7M $457.7M
 
Beginning Cash (CF) $24.8M $45.9M $42.3M $155.6M $102.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $21.1M -$3.6M $113.3M -$52.8M -$3.2M
Ending Cash (CF) $45.9M $42.3M $155.6M $102.8M $99.6M
 
Levered Free Cash Flow -$29.8M -$54.9M -$94.6M -$185.1M -$232.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$90.7M -$28.9M -$45.8M -$66.9M -$79.7M
Depreciation & Amoritzation $50K $32K $96K $150K $123K
Stock-Based Compensation $1.7M $3.5M $5.3M $26M $9M
Change in Accounts Receivable -- $28K $297K -- $14K
Change in Inventories -- -- -- -- --
Cash From Operations -$9.4M -$16.5M -$34M -$38M -$73.3M
 
Capital Expenditures -$11K $84K $231K $48K $114K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$52.4M -$80.2M -$180.6M -$169.7M -$62.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $446K -- --
Long-Term Debt Repaid -$9M -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$4.9M -$1.9M -$1.4M -$11.8M -$1.3M
Cash From Financing $77.7M $170K $26M $198.9M $35.5M
 
Beginning Cash (CF) $30.1M $138.9M $344.2M $111.6M $200.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $15.8M -$96.6M -$188.6M -$8.8M -$100.7M
Ending Cash (CF) $45.9M $42.3M $155.6M $102.8M $99.6M
 
Levered Free Cash Flow -$9.4M -$16.6M -$34.3M -$38M -$73.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$110.7M -$79.4M -$129.9M -$237.7M -$269.9M
Depreciation & Amoritzation $239K $120K $255K $522K $540K
Stock-Based Compensation $3.6M $14.5M $19.8M $67.2M $42.2M
Change in Accounts Receivable -- -$451K $349K -- $102K
Change in Inventories -- -- -- -- --
Cash From Operations -$29.8M -$54.6M -$93.8M -$184.2M -$232.3M
 
Capital Expenditures $42K $338K $797K $898K $511K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$50.5M -$74.3M -$115.1M -$94.3M -$228.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$10.3M -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$6.2M -- -- -- -$26.9M
Cash From Financing $101.3M $125.3M $322.2M $225.7M $457.7M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $21.1M -$3.6M $113.3M -$52.8M -$3.2M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$29.8M -$54.9M -$94.6M -$185.1M -$232.8M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders -$79.4M -$129.9M -$237.7M -$269.9M --
Depreciation & Amoritzation $120K $255K $522K $540K --
Stock-Based Compensation $14.5M $19.8M $67.2M $42.2M --
Change in Accounts Receivable -$451K $349K -- $102K --
Change in Inventories -- -- -- -- --
Cash From Operations -$54.6M -$93.8M -$184.2M -$232.3M --
 
Capital Expenditures $338K $797K $898K $511K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$74.3M -$115.1M -$94.3M -$228.7M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $5M $15M -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$8.3M -$22.5M -$12.3M -$26.9M --
Cash From Financing $125.3M $322.2M $225.7M $457.7M --
 
Beginning Cash (CF) $259M $448.7M $442.8M $502.5M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$3.6M $113.3M -$52.8M -$3.2M --
Ending Cash (CF) $255.4M $561.9M $390M $499.2M --
 
Levered Free Cash Flow -$54.9M -$94.6M -$185.1M -$232.8M --

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