Verastem, Inc. (VSTM)

Verastem Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	113.18	77.91	74.93	21.25	67.78	43.51
Short-Term Investments	-	59.22	12.96	79	73.44	31.99
Cash & Short-Term Investments	113.18	137.13	87.89	100.26	141.23	75.51
Cash Growth	-31.68%	56.02%	-12.33%	-29.01%	87.04%	-69.76%
Accounts Receivable	-	0.04	0.13	0.52	0.24	2.52
Other Receivables	0.2	0.1	0.1	-	-	-
Receivables	0.2	0.14	0.23	0.52	0.24	2.52
Inventory	-	-	-	-	-	3.1
Prepaid Expenses	7.05	5.49	4.13	4.97	3.47	3.33
Restricted Cash	0.24	0.93	0.62	-	-	0.51
Total Current Assets	120.66	143.68	92.87	105.74	144.94	84.96
Property, Plant & Equipment	0.66	1.21	1.88	2.51	3.14	4.02
Long-Term Investments	-	-	-	-	6	-
Other Intangible Assets	-	-	-	-	-	20.01
Other Long-Term Assets	5.05	4.83	0.3	0.41	0.27	36.05
Total Assets	126.38	149.72	95.05	108.66	154.35	145.05
Accounts Payable	4.44	7.18	4.9	2.3	1.88	9.66
Accrued Expenses	22.15	17.93	14.98	15.62	14.66	19.37
Current Portion of Long-Term Debt	9.87	-	0.28	-	-	-
Current Portion of Leases	0.78	0.94	0.79	0.67	0.56	0.42
Current Unearned Revenue	-	0.33	0.71	-	-	-
Other Current Liabilities	-	-	-	-	-	0.45
Total Current Liabilities	37.37	26.38	21.66	18.59	17.09	29.89
Long-Term Debt	30.65	44.28	24.53	0.25	19.05	103.62
Long-Term Leases	-	0.53	1.47	2.26	2.93	3.49
Other Long-Term Liabilities	26.14	-	-	-	-	0.87
Total Liabilities	94.16	71.19	47.66	21.1	39.08	137.87
Common Stock	0	0	0	0.02	0.02	0.01
Additional Paid-In Capital	902.03	882.25	784.91	751.22	707.72	531.94
Retained Earnings	-890.98	-824.89	-737.52	-663.71	-592.51	-524.79
Comprehensive Income & Other	-	0.01	-	0.03	0.05	0.01
Total Common Equity	11.06	57.37	47.39	87.56	115.27	7.17
Shareholders' Equity	32.22	78.53	47.39	87.56	115.27	7.17
Total Liabilities & Equity	126.38	149.72	95.05	108.66	154.35	145.05
Total Debt	41.43	45.75	27.07	3.18	22.54	107.53
Net Cash (Debt)	71.75	91.38	60.83	97.08	118.69	-32.03
Net Cash Growth	-38.35%	50.23%	-37.34%	-18.21%	-	-
Net Cash Per Share	2.37	4.14	3.77	6.68	9.29	-5.15
Filing Date Shares Outstanding	44.51	25.3	16.72	15.53	14.31	12.37
Total Common Shares Outstanding	40.26	25.28	16.71	15.44	14.2	6.68
Working Capital	83.29	117.3	71.21	87.15	127.85	55.07
Book Value Per Share	0.27	2.27	2.84	5.67	8.12	1.07
Tangible Book Value	11.06	57.37	47.39	87.56	115.27	-12.83
Tangible Book Value Per Share	0.27	2.27	2.84	5.67	8.12	-1.92
Machinery	-	1.48	1.48	1.74	1.74	1.74
Leasehold Improvements	-	0.15	0.15	0.15	0.15	0.15

Source: S&P Capital IQ. Standard template. Financial Sources.