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Veradermics MANE Research and development expenses paid with convertible and promissory notes

Research and development expenses paid with convertible and promissory notes at other companies

BridgeBio Pharma logo
BridgeBio PharmaBBIO
$12.99M+2,124%
Roivant Sciences logo
Roivant SciencesROIV
$0
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
$582M
Penumbra logo
PenumbraPEN
$0
Natera, Inc. logo
Natera, Inc.NTRA
$2.68M+15.3%
Roivant Sciences logo
Roivant SciencesROIV
$13.43M-3.9%

Other financials

Income statement

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Operating income-$29.9M-131%
Net income-$27.2M-120%
EPS (diluted)-$1.32+93.3%

Balance sheet

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Cash & equivalents$168.4M+419%
Total debt$4.0K
Total equity$390.6M+744%
Total assets$397.4M

Cash flow

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Operating cash flow-$21.2M-59.0%
CapEx--100%
Free cash flow-$21.2M-58.7%

Valuation

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Market cap$3.92B

Returns & leverage

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Return on equity-28.7%
Current ratio59.1×

Where this comes from

Reported directly by Veradermics in its filing.

Tagged under the XBRL concept mane:ResearchAndDevelopmentExpenseNoncashInExchangeForConvertibleNotes.

The official record: Veradermics ’s 10-K, filed March 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veradermics 's research and development expenses paid with convertible and promissory notes?
Veradermics (MANE) reported research and development expenses paid with convertible and promissory notes of $0 in Q4 2025.
How has Veradermics 's research and development expenses paid with convertible and promissory notes changed year-over-year?
Veradermics 's research and development expenses paid with convertible and promissory notes decreased by 100.0% year-over-year, from $58.5K to $0.
What does research and development expenses paid with convertible and promissory notes mean?
R&D expenses paid using debt or convertible instruments instead of cash.
How do you interpret research and development expenses paid with convertible and promissory notes?
An increase suggests the company is conserving cash by leveraging debt, which may impact future capital structure.
How does research and development expenses paid with convertible and promissory notes compare across companies?
Frequently seen in early-stage biopharma companies managing cash burn.