VRDN Income Statement
| Period Ending: |
LTM
(Last Twelve Months) |
2023 12-31 |
2022 12-31 |
2021 12-31 |
2020 12-31 |
2019 12-31 |
2018 12-31 |
2017 12-31 |
2016 12-31 |
2015 12-31 |
2014 12-31 |
2013 12-31 |
2012 12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Report Filing: | 2024-02-27 | 2023-03-09 | 2022-03-11 | 2021-03-26 | 2020-03-13 | 2019-03-14 | 2018-03-15 | 2017-03-24 | 2016-03-21 | 2015-03-27 | 2013-12-31 | 2012-12-31 | |
| Revenue | 314000 | 1772000 | 2963000 | 1050000 | 4461000 | 8386000 | 4003000 | 3337000 | 2538000 | 4320000 | 4316484 | 4406042 | |
| Cost of Revenue | 1322000 | 755000 | 620000 | 28304000 | 32793999 | 0 | 0 | 2548000 | 2472000 | 3243000 | 2498940 | 3042184 | |
| Gross Profit | -1008000 | 1017000 | 2343000 | -27254000 | -28332999 | 8386000 | 4003000 | 789000 | 66000 | 1077000 | 1817544 | 1363858 | |
| Operating Expenses | 253442000 | 135321000 | 82071000 | 83126000 | 13646001 | 41470000 | 30535000 | 13297000 | 11253000 | 7944000 | 2013757 | 5390857 | |
| Research & Development | 159765000 | 100894000 | 56886000 | 28304000 | 34794000 | 30421000 | 19623000 | 888000 | 1002000 | 293000 | 96847 | 225378 | |
| General and Administrative | 94999000 | 35182000 | 25805000 | 13265000 | 11646000 | 11049000 | 10912000 | 7906000 | 7692000 | 7034000 | 1788141 | 2907947 | |
| Selling and Marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1669000 | 2559000 | 717000 | 378769 | 1325245 | |
| Other Operating Expenses | -1322000 | -755000 | -620000 | 41557000 | -32793999 | 0 | 0 | 2834000 | 0 | -100000 | -250000 | 932287 | |
| Operating Income | -254450000 | -134304000 | -79728000 | -110380000 | -41979000 | -33084000 | -26532000 | -12508000 | -11187000 | -6867000 | -196213 | -4026999 | |
| Net Interest(Non Operating) | 16716000 | 4430000 | 315000 | -335000 | 106000 | 381000 | 20000 | -95000 | -141000 | -1023000 | -1963456 | -1591341 | |
| Interest Income | 18563000 | 4916000 | 318000 | 173000 | 941000 | 1254000 | 403000 | 0 | 0 | 0 | 0 | 0 | |
| Interest Expense | 1847000 | 486000 | 3000 | 508000 | 835000 | 873000 | 383000 | 95000 | 141000 | 1023000 | 1963456 | 1591341 | |
| Equity & Other Income/(Expense) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -71000 | 0 | 0 | 0 | 0 | |
| Income Before Tax | -237734000 | -129874000 | -79413000 | -110715000 | -41873000 | -32703000 | -26512000 | -12674000 | -11328000 | -7890000 | -2159669 | -5618340 | |
| Income Tax Expense | 18563000 | -4430000 | 3000 | 269000 | 547000 | 1254000 | 95000 | 95000 | 0 | 1023000 | 1963456 | 3184286 | |
| Income(Loss) Attributable to Non-Controlling Interest | -18563000 | 0 | 0 | 0 | 0 | -1254000 | -95000 | -95000 | 0 | -1023000 | -1963456 | -1591341 | |
| Net Income | -237734000 | -125444000 | -79416000 | -110984000 | -42420000 | -32703000 | -26512000 | -12674000 | -11328000 | -7890000 | -2159669 | -7211285 | |
| Depreciation and Amortization | 522000 | 4916000 | 438000 | 70034000 | 941000 | 281000 | 308000 | 189000 | 184000 | 144000 | 148315 | 144289 | |
| EBITDA | -253928000 | -129388000 | -79290000 | -40346000 | -41038000 | -32803000 | -26224000 | -12319000 | -11003000 | -6723000 | -47898 | -3882710 | |
| Earnings Per Share (EPS) | -5.31 | -3.91 | -6.66 | -31.2 | -20.31 | -16.57 | -20.66 | -17.57 | -21 | -52.46 | -11.48 | -38.75 | |
| Diluted Earnings Per Share | -5.31 | -3.91 | -6.66 | -31.2 | -20.31 | -16.57 | -20.66 | -17.57 | -21 | -52.46 | -11.48 | -38.75 | |
| Weighted Average Shares Outstanding | 44755475 | 32087293 | 11918712 | 3557065 | 2089094 | 1973355 | 1282973 | 721410 | 539445 | 150390 | 188115 | 186090 | |
| Diluted Weighted Average Shares Outstanding | 44755475 | 32087293 | 11918712 | 3557065 | 2089094 | 1973365 | 1282980 | 721410 | 539460 | 150390 | 188115 | 186090 |
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