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Forensic Analysis · Pharmaceuticals & Biotechnology · as of Nov 10, 2026

Viridian Therapeutics, Inc.\DE (VRDN)

A forensic read on Viridian Therapeutics, Inc.\DE built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

C · Mixed — selective
Forensic grade
Grey Zone
Financial health
2.7
Distress distance
1
Forensic signals
-49.2%
ROE
23359.9%
Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Viridian Therapeutics, Inc.\DE earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 2.7, placing it in the Grey zone. 1 forensic signal was flagged in its latest SEC filings, led by stock-based comp load.

What the filings flag

63% of rev
FY2025
Stock-based comp load. Stock-based compensation ran 63% of revenue in FY2025. It is a real cost, but it is not a cash cost — no cash left the business, which is why operating cash flow adds it back. Where a compensation charge lands instead is the share count, and this filer's count is not on file in enough years to say how the count moved.

Key fundamentals

Latest Revenue$70.8M
Revenue Growth YoY+23359.9%
Revenue CAGR (2yr)+1402.1%
Net Margin-483.6%
Free Cash Flow-$276.9M
Return on Equity-49.2%
Debt / Equity0.04x

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Data from SEC EDGAR public filings · metrics as of Nov 10, 2026. Forensic signals flag probability, not certainty.

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