F

Viridian Therapeutics, Inc. — Earnings Quality Grade F

VRDN · Healthcare

Major red flags

Revenue
$71M
2025
Net Income
-$343M
2025
Gross Margin
Free Cash Flow
-$277M
01

Screening Summary

7
Passed
2
Watch
3
Failed
M-Score

管理层信号

最近 SEC 8-K 文件中未发现 CEO、CFO、董事会或审计负责人变动信号。
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

Insufficient data

A2AR vs Revenue Growth

Insufficient data

A3Revenue vs CFFO

Revenue grew 23359.9% but CFFO declined -19.0%

Small-cap context: Small-cap revenue/CFFO ratio is sensitive to growth-stage working-capital draws.

02

Expense Quality

B1Inventory vs COGS

No material inventory

B2CapEx vs Revenue

CapEx growth -3.1% vs revenue 23359.9%. Normal

B3SG&A Ratio

Insufficient data

B4Gross Margin

Insufficient data

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO < Net Income for 3 consecutive years

Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.

!
C2Free Cash Flow

FCF is negative ($-0.3B)

C3Accruals Ratio

Accruals ratio = -7.4%. Low accruals

C4Cash vs Debt

Cash $0.9B covers debt $0.1B

04

Balance Sheet Health

D1Goodwill + Intangibles

No goodwill. Clean balance sheet

!
D2Leverage

Interest coverage = -73.4x (<2x). Financial stress

D3Soft Asset Growth

Other assets 206.6% vs revenue 23359.9%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions negative for 3 years

Small-cap context: A single acquisition on a small balance sheet can trip serial-acquirer logic.

E2Goodwill Surge

No goodwill

06

Manipulation Score

F1Beneish M-Score

Insufficient data

持仓监控

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05

Altman Z-Score

2.91
Safe Zone
0 Distress1.102.605.0+ Safe
0.9156
Liquidity
-1.4881
Cumulative profit
-0.3754
Operating efficiency
4.0743
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25