Verastem, inc. (VSTM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Revenue:
Total revenue

5,056

3,617

9,032

3,136

1,671

1,210

15,508

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Cost of sales - product

495

332

371

377

158

116

49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales - intangible amortization

392

393

392

392

392

392

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development

10,924

12,455

12,219

11,346

9,758

8,762

11,571

12,381

10,934

11,253

17,743

9,042

8,385

6,892

4,216

4,492

4,179

7,688

11,304

11,045

10,528

9,685

9,047

8,305

8,411

7,800

6,789

6,045

5,296

4,094

8,132

4,683

4,803

4,400

3,082

1,726

675

Selling, general and administrative

19,604

23,728

22,153

29,298

26,033

26,199

25,426

15,813

9,827

-

5,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

31,415

36,908

35,135

41,413

36,341

35,469

37,077

28,194

20,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

-

-

-

-

-

-

-

-

-

6,799

-

4,425

4,763

4,908

3,843

4,217

4,255

4,273

4,230

4,417

4,714

4,313

4,341

4,782

4,723

3,593

3,855

4,239

3,785

3,882

2,298

2,213

2,125

1,620

965

759

471

Total operating expenses

-

-

-

-

-

-

-

-

-

18,052

23,137

13,467

13,148

11,800

8,059

8,709

8,434

11,961

15,534

15,462

15,242

13,998

13,388

13,087

13,134

11,393

10,644

10,284

9,081

7,976

10,430

6,896

6,928

6,020

4,047

2,485

1,146

Loss from operations

-26,359

-33,291

-26,103

-38,277

-34,670

-34,259

-21,569

-18,194

-20,761

-18,052

-23,137

-13,467

-13,148

-11,800

-8,059

-8,709

-8,434

-11,961

-15,534

-15,462

-15,242

-13,998

-13,388

-13,087

-13,134

-11,393

-10,644

-10,284

-9,081

-7,976

-10,430

-6,896

-6,928

-6,020

-4,047

-2,485

-1,146

Other expense

-1,313

-641

-

-

-

25,556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

356

611

1,005

1,268

1,497

1,306

763

343

191

145

121

140

155

145

137

140

140

98

89

85

62

49

56

65

72

69

53

34

44

55

63

71

57

15

-

-

-

Interest expense

10,674

5,453

5,041

5,185

4,929

3,952

862

516

480

328

110

109

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

10

4

4

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,863

-15,445

-15,377

-15,180

-

-

-

-

-

-

-

-

-

-

-

-

-6,019

-4,057

-2,489

-1,150

Net loss

-37,990

-38,774

-30,139

-42,194

-38,102

-11,349

-21,668

-18,367

-21,050

-18,235

-23,126

-13,436

-13,005

-11,655

-7,922

-8,569

-8,294

-

-

-

-

-13,949

-13,332

-13,022

-13,062

-11,324

-10,591

-10,250

-9,037

-7,921

-10,367

-6,825

-6,871

-6,005

-4,047

-2,485

-1,146

Net loss per share—basic (in shares)

-

76,331

74,228

73,877

-

73,766

73,644

61,256

50,835

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per share—diluted (in shares)

-

76,331

74,228

73,877

-

91,061

73,644

61,256

50,835

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per share—basic and diluted

-0.35

-

-0.40

-0.57

-0.52

-

-

-

-

-0.43

-0.61

-0.36

-0.35

-0.32

-0.21

-0.23

-0.22

-0.32

-0.42

-0.42

-0.46

-0.53

-0.52

-0.51

-0.51

-0.45

-0.44

-0.49

-0.44

-0.39

-0.51

-0.34

-0.47

-4.01

-2.98

-2.03

-1.06

Net loss per share—basic

-

-0.51

-0.41

-0.57

-

-0.15

-0.29

-0.30

-0.41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per share—diluted

-

-0.51

-0.41

-0.57

-

-0.37

-0.29

-0.30

-0.41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common shares outstanding used in computing:
Weighted average common shares outstanding used in computing net loss per share - basic and diluted

108,153

-

74,234

73,876

73,854

-

-

-

-

42,027

37,630

36,992

36,992

36,992

36,992

36,992

36,975

36,935

36,898

36,522

33,323

26,248

25,811

25,669

25,478

25,277

24,127

20,729

20,483

20,309

20,160

19,863

14,693

1,500

1,361

1,225

1,089

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,863

-15,445

-15,377

-15,180

-

-

-

-

-

-

-

-

-

-

-

-

-6,019

-4,057

-2,489

-1,150

Net loss

-37,990

-38,774

-30,139

-42,194

-38,102

-11,349

-21,668

-18,367

-21,050

-18,235

-23,126

-13,436

-13,005

-11,655

-7,922

-8,569

-8,294

-

-

-

-

-13,949

-13,332

-13,022

-13,062

-11,324

-10,591

-10,250

-9,037

-7,921

-10,367

-6,825

-6,871

-6,005

-4,047

-2,485

-1,146

Unrealized (loss) gain on available-for-sale securities

-5

-13

-59

-24

-17

-

-

-

-

-4

7

-17

-17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-37,995

-38,787

-30,198

-42,218

-38,119

-

-

-

-

-18,239

-23,119

-13,453

-13,022

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,007

-4,047

-2,485

-1,146

Product revenue, net
Total revenue

5,034

3,617

4,032

3,019

1,671

1,210

508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License and collaboration revenue
Total revenue

22

-

5,000

117

-

-

15,000

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-