Other

Issuance of convertible note for accounts payable

Year-over-year, this metric declined by 100.0%, from $62.50K to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ1 2024
Last reportedQ4 2025Mar 30, 2026

How to read this metric

An increase suggests the company is prioritizing cash preservation over equity dilution, which may signal liquidity pressure or a strategic choice to extend the cash runway.

Detailed definition

This metric tracks the non-cash settlement of trade payables through the issuance of convertible debt instruments. By co...

Peer comparison

Frequently observed in pre-revenue or growth-stage biopharmaceutical companies that utilize debt-for-equity or debt-for-liability swaps to manage cash burn.

Metric ID: other_issuance_of_convertible_notes_payable_for_accounts_8e100f

Historical Data

2 years
 FY'24FY'25
Value$250.00K$0.00
YoY Change-100.0%
Range$0.00$250.00K
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Veradermics 's issuance of convertible note for accounts payable?
Veradermics (MANE) reported issuance of convertible note for accounts payable of $0.00 in Q4 2025.
How has Veradermics 's issuance of convertible note for accounts payable changed year-over-year?
Veradermics 's issuance of convertible note for accounts payable decreased by 100.0% year-over-year, from $62.50K to $0.00.
What does issuance of convertible note for accounts payable mean?
The settlement of unpaid bills by issuing convertible debt instead of paying cash.