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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	83.37	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	83.37	137.13	87.89	100.26	141.23	75.51
Cash Growth	-54.46%	56.02%	-12.33%	-29.01%	87.04%	-69.76%
Accounts Receivable	10	0.04	0.13	0.52	0.24	2.52
Other Receivables	0.93	0.1	0.1	-	-	-
Receivables	10.93	0.14	0.23	0.52	0.24	2.52
Inventory	-	-	-	-	-	3.1
Prepaid Expenses	5.35	5.49	4.13	4.97	3.47	3.33
Restricted Cash	-	0.93	0.62	-	-	0.51
Total Current Assets	99.65	143.68	92.87	105.74	144.94	84.96
Property, Plant & Equipment	0.86	1.21	1.88	2.51	3.14	4.02
Long-Term Investments	-	-	-	-	6	-
Other Intangible Assets	-	-	-	-	-	20.01
Other Long-Term Assets	5.24	4.83	0.3	0.41	0.27	36.05
Total Assets	105.75	149.72	95.05	108.66	154.35	145.05
Accounts Payable	6.68	7.18	4.9	2.3	1.88	9.66
Accrued Expenses	17.2	17.93	14.98	15.62	14.66	19.37
Current Portion of Long-Term Debt	4.93	-	0.28	-	-	-
Current Portion of Leases	1.02	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	30.35	26.38	21.66	18.59	17.09	29.89
Long-Term Debt	35.39	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	-	-	-	-	-	0.87
Total Liabilities	65.74	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	885.86	882.25	784.91	751.22	707.72	531.94
Retained Earnings	-867.01	-824.89	-737.52	-663.71	-592.51	-524.79
Comprehensive Income & Other	-	0.01	-	0.03	0.05	0.01
Total Common Equity	18.85	57.37	47.39	87.56	115.27	7.17
Shareholders' Equity	40.01	78.53	47.39	87.56	115.27	7.17
Total Liabilities & Equity	105.75	149.72	95.05	108.66	154.35	145.05
Total Debt	41.86	45.75	27.07	3.18	22.54	107.53
Net Cash (Debt)	41.51	91.38	60.83	97.08	118.69	-32.03
Net Cash Growth	-68.82%	50.23%	-37.34%	-18.21%	-	-
Net Cash Per Share	1.55	4.14	3.77	6.68	9.29	-5.15
Filing Date Shares Outstanding	40.24	25.3	16.72	15.53	14.31	12.37
Total Common Shares Outstanding	26.88	25.28	16.71	15.44	14.2	6.68
Working Capital	69.3	117.3	71.21	87.15	127.85	55.07
Book Value Per Share	0.70	2.27	2.84	5.67	8.12	1.07
Tangible Book Value	18.85	57.37	47.39	87.56	115.27	-12.83
Tangible Book Value Per Share	0.70	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.