7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 
      
    		                         
      assets
    		                         
      current assets:
    		                         
      cash and cash equivalents
    		170,084,000 211,104,000 273,571,000 222,947,000 168,350,000 296,864,000 160,711,000 241,576,000 452,100,000 666,949,000 824,913,000 848,631,000 963,735,000 1,505,183,000 812,355,000 347,815,000 714,521,000 741,951,000 521,396,000 436,575,000 462,521,000 371,781,000 168,418,000 109,335,000 93,698,000 
      short-term investments
    		327,750,000 387,645,000 517,367,000 678,051,000 740,607,000 849,833,000 985,125,000 1,270,980,000 1,233,628,000 1,166,953,000 1,406,579,000 1,521,517,000 1,359,945,000 654,113,000 399,829,000 217,182,000 55,560,000 84,107,000 211,636,000 300,286,000 364,074,000 180,599,000 187,193,000 274,101,000 226,512,000 
      restricted cash and cash equivalents, current
    		2,215,000 88,218,000 88,151,000 89,385,000 89,598,000 13,946,000 13,335,000 13,268,000 13,193,000 13,163,000 10,957,000 12,681,000 12,955,000 13,147,000 14,402,000 8,594,000 6,112,000 7,004,000 8,601,000 7,993,000 9,363,000 11,024,000 9,101,000 6,181,000 8,822,000 
      equity investments
    		8,679,000 7,270,000 10,724,000 4,350,000 5,517,000 4,368,000 3,927,000 9,853,000 10,825,000 13,531,000 18,583,000 31,892,000 22,801,000 36,407,000 47,890,000 143,148,000 169,369,000         
      prepaid expenses and other current assets
    		36,956,000 41,469,000 42,394,000 47,725,000 43,085,000 40,729,000 49,999,000 52,549,000 59,430,000 85,736,000 97,602,000 104,356,000 54,180,000 72,417,000 69,911,000 73,003,000 27,772,000 29,233,000 26,481,000 27,511,000 13,614,000 15,357,000 12,829,000 13,378,000 8,688,000 
      total current assets
    		545,684,000 735,706,000 932,207,000 1,042,458,000 1,047,157,000 1,205,740,000 1,213,097,000 1,588,226,000 1,769,176,000 1,946,332,000 2,358,634,000 2,519,077,000 2,413,616,000 2,288,267,000 2,567,548,000 1,562,821,000 1,066,337,000 862,295,000 993,114,000 772,365,000 849,572,000 578,761,000 377,541,000 402,995,000 337,720,000 
      intangible assets
    		7,924,000 7,998,000 8,072,000 8,120,000 19,258,000 18,899,000 22,465,000 22,565,000 25,457,000 25,590,000 32,622,000 32,755,000 32,888,000 33,021,000 33,154,000 33,287,000 33,421,000 33,554,000 33,687,000 33,820,000 33,944,000 35,082,000 35,388,000 35,694,000 35,999,000 
      goodwill
    		16,937,000 16,937,000 16,937,000 16,937,000 16,938,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 16,937,000 
      property and equipment
    		58,203,000 60,795,000 61,681,000 63,183,000 64,791,000 66,063,000 92,477,000 96,018,000 99,309,000 104,126,000 103,758,000 105,609,000 100,226,000 85,135,000 65,583,000 42,834,000 26,610,000 20,251,000 17,291,000 17,946,000 16,948,000 16,311,000 16,238,000 16,308,000 15,448,000 
      operating lease right-of-use assets
    		63,555,000 64,853,000 58,559,000  60,779,000 62,266,000 70,346,000  72,622,000                 
      restricted cash and cash equivalents, noncurrent
    		6,957,000 6,956,000 6,273,000 6,363,000 6,382,000 6,366,000 6,428,000 6,448,000 7,057,000 6,744,000 6,739,000 6,656,000 7,276,000 8,354,000 9,040,000 7,006,000 6,999,000 7,002,000 6,998,000 6,919,000 1,201,000 1,192,000 1,192,000 7,300,000 2,850,000 
      long-term investments
    		304,212,000 286,099,000 218,140,000 190,015,000 271,495,000 279,992,000 359,724,000 105,275,000 39,617,000 52,358,000 49,187,000 23,927,000 34,102,000 97,585,000 103,535,000 201,388,000  50,680,000     6,139,000 24,290,000  
      other assets
    		15,981,000 13,188,000 5,858,000 12,057,000 11,556,000 13,292,000 12,495,000 12,409,000 14,720,000 16,853,000 16,554,000 14,570,000 6,209,000 2,816,000 3,001,000 2,775,000 2,343,000 7,890,000 7,096,000 8,827,000 9,895,000 8,778,000 7,672,000 8,547,000 13,688,000 
      total assets
    		1,019,453,000 1,192,532,000 1,307,727,000 1,398,813,000 1,498,356,000 1,669,555,000 1,793,969,000 1,919,060,000 2,044,895,000 2,243,874,000 2,665,936,000 2,802,088,000 2,695,970,000 2,618,994,000 2,887,129,000 1,954,268,000 1,210,213,000 1,057,581,000 1,135,584,000 918,761,000 943,259,000 672,238,000 477,114,000 512,071,000 422,642,000 
      liabilities and stockholders’ equity
    		                         
      current liabilities:
    		                         
      accounts payable
    		6,847,000 12,234,000 3,725,000 5,081,000 7,305,000 4,389,000 7,114,000 6,334,000 3,627,000 12,362,000 12,149,000 6,422,000 2,722,000 10,618,000 10,955,000 6,521,000 4,225,000 11,032,000 3,701,000 5,077,000 6,796,000 4,382,000 18,768,000 5,881,000 5,815,000 
      accrued and other liabilities
    		68,375,000 82,661,000 104,126,000 85,873,000 94,658,000 75,321,000 72,260,000 104,220,000 146,111,000 197,580,000 455,922,000 489,090,000 282,616,000 354,086,000 577,669,000 236,512,000 64,845,000 64,074,000 70,069,000 76,936,000 44,339,000 38,560,000 21,918,000   
      deferred revenue, current
    		 10,109,000 11,935,000 12,648,000 15,198,000 16,702,000 14,694,000 64,853,000 15,312,000               6,181,000  
      contingent consideration obligation, current
    		  17,500,000 16,060,000                      
      total current liabilities
    		75,222,000 105,004,000 137,286,000 119,662,000 117,161,000 96,412,000 94,068,000 175,407,000 165,050,000 225,623,000 485,288,000 511,029,000 308,203,000 477,868,000 702,361,000 341,242,000 233,724,000 146,024,000 361,099,000 99,064,000 76,998,000 54,940,000 56,396,000 59,206,000 44,316,000 
      deferred revenue, noncurrent
    		9,433,000      1,526,000 1,526,000 53,207,000 53,207,000 53,207,000 53,207,000 54,653,000 4,419,000 5,865,000 3,815,000 3,815,000 55,496,000 3,815,000 3,815,000 3,815,000 3,815,000 6,562,000 12,670,000 8,408,000 
      operating lease liabilities, noncurrent
    		91,215,000 93,405,000 88,170,000 90,139,000 93,405,000 95,018,000 109,171,000 111,673,000 114,119,000 117,815,000 121,461,000 123,837,000 126,942,000 130,205,000 132,813,000 133,561,000 68,604,000 68,938,000 66,615,000 66,556,000 12,092,000 12,762,000 13,531,000   
      contingent consideration obligation, noncurrent
    		34,180,000 33,620,000 23,640,000 24,050,000                      
      other long-term liabilities
    		13,305,000 13,031,000 14,812,000 14,577,000 13,893,000 13,855,000 14,238,000 14,258,000 13,134,000 12,094,000 8,235,000 7,862,000 7,166,000 7,596,000 7,746,000 2,540,000 3,823,000 3,853,000 3,815,000 3,847,000 2,982,000 2,967,000 2,942,000 3,568,000 3,030,000 
      total liabilities
    		223,355,000 245,060,000 263,908,000 248,428,000 257,629,000 235,885,000 246,613,000 328,824,000 369,810,000 433,666,000 695,135,000 724,125,000 546,115,000 666,982,000 886,115,000 522,419,000 333,939,000 320,256,000 484,633,000 201,909,000 130,904,000 108,459,000 96,781,000 88,129,000 66,827,000 
      commitments and contingencies
    		                         
      stockholders’ equity:
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2025 and december 31, 2024; no shares issued and outstanding as of september 30, 2025 and december 31, 2024
    		                         
      common stock
    		14,000 14,000 14,000 14,000 14,000 14,000 14,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 12,000 11,000 11,000 1,000 
      additional paid-in capital
    		1,952,843,000 1,941,386,000 1,926,529,000 1,911,872,000 1,894,781,000 1,878,013,000 1,852,839,000 1,828,862,000 1,798,823,000 1,771,536,000 1,737,626,000 1,709,835,000 1,682,882,000 1,656,024,000 1,625,785,000 1,571,535,000 1,541,422,000 1,512,928,000 1,488,337,000 1,385,301,000 1,374,362,000 1,040,988,000 825,833,000 793,051,000 23,869,000 
      accumulated other comprehensive loss
    		-1,911,000 -2,221,000 -1,975,000 -1,717,000  -2,879,000 -2,397,000 -815,000 -1,900,000 -2,903,000 -3,219,000 -9,122,000 -11,880,000 -7,553,000 -4,805,000 -1,099,000 -1,307,000 -1,334,000 -1,304,000 -1,278,000 -485,000 -295,000  -601,000  
      accumulated deficit
    		-1,154,848,000 -991,707,000 -880,749,000 -759,784,000 -655,195,000 -441,478,000 -303,100,000         -138,600,000 -663,854,000 -774,282,000 -836,095,000 -667,184,000 -561,535,000 -476,926,000 -445,759,000 -368,519,000 -304,748,000 
      total stockholders’ equity
    		796,098,000 947,472,000 1,043,819,000 1,150,385,000 1,240,727,000 1,433,670,000 1,547,356,000 1,590,236,000 1,675,085,000 1,810,208,000 1,970,801,000 2,077,963,000 2,149,855,000 1,952,012,000 2,001,014,000 1,431,849,000 876,274,000 737,325,000 650,951,000 716,852,000 812,355,000 563,779,000 380,333,000 423,942,000  
      total liabilities and stockholders’ equity
    		1,019,453,000 1,192,532,000 1,307,727,000 1,398,813,000 1,498,356,000 1,669,555,000 1,793,969,000 1,919,060,000 2,044,895,000 2,243,874,000 2,665,936,000 2,802,088,000 2,695,970,000 2,618,994,000 2,887,129,000 1,954,268,000 1,210,213,000 1,057,581,000 1,135,584,000 918,761,000 943,259,000 672,238,000 477,114,000   
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2025 and december 31, 2024; no shares issued and outstanding as of june 30, 2025 and december 31, 2024
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2025 and december 31, 2024; no shares issued and outstanding as of march 31, 2025 and december 31, 2024
    		                         
      operating right-of-use assets
    		   59,680,000    71,182,000  74,934,000 81,505,000 82,557,000 84,716,000 86,879,000 88,331,000 87,220,000 57,566,000 58,972,000 60,461,000 61,947,000 14,762,000 15,177,000 16,007,000   
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2024 and 2023, respectively; no shares issued and outstanding as of december 31, 2024 and 2023
    		                         
      contingent consideration, noncurrent
    		    33,170,000 30,600,000 27,610,000 25,960,000 24,300,000 24,927,000 23,691,000 24,937,000 30,712,000 28,455,000 18,891,000 22,822,000 20,720,000 42,692,000 46,036,000 25,374,000 31,712,000 30,670,000 14,045,000 9,380,000 3,343,000 
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2024 and december 31, 2023; no shares issued and outstanding as of september 30, 2024 and december 31, 2023
    		                         
      accumulated other comprehensive gain
    		    1,127,000                     
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2024 and december 31, 2023; no shares issued and outstanding as of june 30, 2024 and december 31, 2023
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2024 and december 31, 2023; no shares issued and outstanding as of march 31, 2024 and december 31, 2023
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2023 and 2022, respectively; no shares issued and outstanding as of december 31, 2023 and 2022
    		                         
      (accumulated deficit) retained earnings
    		       -237,824,000 -121,851,000                 
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2023 and december 31, 2022; no shares issued and outstanding as of september 30, 2023 and december 31, 2022
    		                         
      deferred revenue, current portion
    		         15,681,000 17,217,000 15,517,000 22,865,000 113,164,000 113,737,000 98,209,000 96,154,000 44,718,000 262,929,000 6,451,000 5,563,000 7,298,000 5,010,000  8,822,000 
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2023 and december 31, 2022; no shares issued and outstanding as of june 30, 2023 and december 31, 2022
    		                         
      retained earnings
    		         41,562,000 236,337,000 377,237,000 478,840,000 303,528,000 380,021,000           
      deferred tax liability
    		          3,253,000 3,253,000 18,439,000 18,439,000 18,439,000 18,439,000 3,253,000 3,253,000 3,253,000 3,253,000 3,305,000 3,305,000 3,305,000 3,305,000 3,305,000 
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2023 and december 31, 2022; no shares issued and outstanding as of march 31, 2023 and december 31, 2022
    		                         
      total vir stockholder's equity
    		          1,970,757,000               
      noncontrolling interest
    		          44,000               
      receivable from collaboration
    		             7,000,000 1,223,161,000 773,079,000 93,003,000  112,500,000       
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2022 and 2021, respectively; no shares issued and outstanding as of december 31, 2022 and 2021
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2022 and december 31, 2021; no shares issued and outstanding as of september 30, 2022 and december 31, 2021
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2022 and december 31, 2021; no shares issued and outstanding as of june 30, 2022 and december 31, 2021
    		                         
      contingent consideration, current portion
    		                68,500,000 26,200,000 24,400,000 10,600,000 20,300,000 4,700,000 10,700,000  6,726,000 
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2022 and december 31, 2021; no shares issued and outstanding as of march 31, 2022 and december 31, 2021
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2021 and 2020, respectively; no shares issued and outstanding as of december 31, 2021 and 2020
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2021 and december 31, 2020; no shares issued and outstanding as of september 30, 2021 and december 31, 2020
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2021 and december 31, 2020; no shares issued and outstanding as of june 30, 2021 and december 31, 2020
    		                         
      contract asset
    		                  112,500,000       
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2021 and december 31, 2020; no shares issued and outstanding as of march 31, 2021 and december 31, 2020
    		                         
      derivative liability
    		                       12,449,000  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2020 and 2019, respectively; no shares issued and outstanding as of december 31, 2020 and 2019
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2020 and december 31, 2019; no shares issued and outstanding as of september 30, 2020 and december 31, 2019
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2020 and december 31, 2019; no shares issued and outstanding as of june 30, 2020 and december 31, 2019
    		                         
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2020 and december 31, 2019; no shares issued and outstanding as of march 31, 2020 and december 31, 2019
    		                         
      accumulated other comprehensive income
    		                      248,000  81,000 
      liabilities, convertible preferred stock and stockholders’ equity
    		                         
      accrued liabilities
    		                       26,495,000 22,953,000 
      advanced proceeds from preferred stock financing
    		                         
      contingent consideration, current
    		                       8,200,000  
      convertible preferred stock warrant liability
    		                        4,425,000 
      convertible preferred stock
    		                        636,612,000 
      stockholders’ equity
    		                         
      preferred stock, 0.0001 par value; 10,000,000 and zero shares authorized as of december 31, 2019 and 2018, respectively; no shares issued and outstanding as of december 31, 2019 and 2018
    		                         
      total liabilities, convertible preferred stock and stockholders’ equity
    		                       512,071,000  
      liabilities, convertible preferred stock and stockholders’ deficit
    		                         
      stockholders’ deficit:
    		                         
      total stockholders’ deficit
    		                        -280,797,000 
      total liabilities, convertible preferred stock and stockholders’ deficit
    		                        422,642,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.