Vertex Pharmaceuticals Quarterly Balance Sheets Chart
Quarterly
|
Annual
Vertex Pharmaceuticals Quarterly Balance Sheets Table
Quarterly
|
Annual
Unit: USD | 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 |
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assets | |||||||||||||||||||||
current assets: | |||||||||||||||||||||
cash and cash equivalents | 284,386,000 | 270,395,000 | 296,051,000 | 278,979,000 | 325,535,000 | 56,134,000 | 68,175,000 | 49,499,000 | 41,865,000 | 68,643,000 | 91,803,000 | 72,370,000 | 85,554,000 | 97,340,000 | 73,333,000 | 47,481,000 | 101,593,000 | 277,681,000 | 303,051,000 | 270,271,000 | 47,295,000 |
funds held for customers | 26,376,000 | 33,287,000 | 30,015,000 | 26,407,000 | 35,408,000 | 36,546,000 | 20,976,000 | 31,623,000 | 30,156,000 | 25,972,000 | 14,945,000 | 23,840,000 | 19,935,000 | 25,899,000 | 24,873,000 | 27,860,000 | 31,060,000 | 8,745,000 | 9,222,000 | 8,745,000 | 9,988,000 |
accounts receivable | 143,660,000 | 152,338,000 | 164,432,000 | 129,908,000 | 120,082,000 | 133,149,000 | 141,752,000 | 129,018,000 | 129,093,000 | 102,760,000 | 102,885,000 | 94,529,000 | 88,961,000 | 75,807,000 | 76,929,000 | 73,234,000 | 73,130,000 | 63,798,000 | 77,159,000 | 66,789,000 | 63,739,000 |
prepaid expenses and other current assets | 48,309,000 | 48,942,000 | 36,678,000 | 33,863,000 | 25,134,000 | 31,906,000 | 26,173,000 | 19,637,000 | 22,026,000 | 22,536,000 | 20,383,000 | 22,494,000 | 22,956,000 | 21,513,000 | 20,536,000 | 18,167,000 | 17,593,000 | 26,696,000 | 13,259,000 | 16,001,000 | 13,119,000 |
investment securities available-for-sale, at fair value | 9,157,000 | 7,462,000 | 8,650,000 | 9,101,000 | 9,545,000 | 8,326,000 | 11,201,000 | ||||||||||||||
total current assets | 502,731,000 | 504,962,000 | 536,333,000 | 476,619,000 | 514,809,000 | 266,836,000 | 266,621,000 | 238,103,000 | 234,341,000 | 231,435,000 | 241,189,000 | 219,360,000 | 224,349,000 | 220,559,000 | 195,671,000 | 166,742,000 | 223,376,000 | 376,920,000 | 402,691,000 | 361,808,000 | 134,371,000 |
property and equipment, net of accumulated depreciation | 195,034,000 | 185,557,000 | 177,559,000 | 178,578,000 | 108,407,000 | 100,594,000 | 100,734,000 | 100,270,000 | 98,912,000 | 117,444,000 | 115,768,000 | 109,123,000 | 106,526,000 | 102,228,000 | 98,390,000 | 97,869,000 | 61,611,000 | 57,408,000 | 56,557,000 | 55,935,000 | 55,657,000 |
capitalized software, net of accumulated amortization | 35,659,000 | 36,219,000 | 36,350,000 | 36,864,000 | 37,840,000 | 38,532,000 | 38,771,000 | 39,356,000 | 39,461,000 | 38,790,000 | 39,012,000 | 38,561,000 | 38,362,000 | 33,053,000 | 33,442,000 | 34,018,000 | 34,364,000 | 34,642,000 | 31,989,000 | 32,619,000 | 33,761,000 |
goodwill and other intangible assets | 397,312,000 | 374,312,000 | 363,021,000 | 388,716,000 | 252,183,000 | 255,681,000 | 260,238,000 | 253,976,000 | 259,587,000 | 259,303,000 | 257,023,000 | 245,284,000 | 255,556,000 | 272,633,000 | 272,702,000 | 277,924,000 | 220,818,000 | 21,553,000 | 18,711,000 | ||
deferred commissions | 27,737,000 | 27,535,000 | 27,480,000 | 22,540,000 | 21,862,000 | 21,301,000 | 21,237,000 | 17,094,000 | 16,726,000 | 15,921,000 | 15,463,000 | 13,757,000 | 12,168,000 | 11,679,000 | 12,555,000 | 12,583,000 | 11,545,000 | 11,693,000 | 11,743,000 | 10,372,000 | 10,390,000 |
deferred income tax asset | 20,000 | 19,000 | 19,000 | 61,193,000 | 61,897,000 | 44,311,000 | 41,708,000 | 40,557,000 | 42,855,000 | 43,542,000 | 30,938,000 | 30,716,000 | 31,190,000 | 34,554,000 | 35,298,000 | 32,816,000 | 32,573,000 | 30,373,000 | 29,974,000 | 32,440,000 | |
operating lease right-of-use assets | 11,344,000 | 11,189,000 | 11,956,000 | 12,567,000 | 13,060,000 | 13,773,000 | 14,605,000 | 15,333,000 | 16,564,000 | 16,462,000 | 17,187,000 | 18,089,000 | 19,007,000 | 19,644,000 | 20,249,000 | 21,137,000 | 22,156,000 | 22,981,000 | |||
long-term investment | 15,000,000 | ||||||||||||||||||||
other assets | 13,352,000 | 14,351,000 | 14,073,000 | 13,763,000 | 13,772,000 | 14,774,000 | 16,013,000 | 15,379,000 | 16,624,000 | 2,621,000 | 2,612,000 | 2,422,000 | 2,592,000 | 3,158,000 | 1,900,000 | 2,755,000 | 3,086,000 | 2,767,000 | 3,263,000 | ||
total assets | 1,198,189,000 | 1,154,144,000 | 1,166,791,000 | 1,190,840,000 | 1,023,830,000 | 755,802,000 | 759,927,000 | 720,068,000 | 725,070,000 | 725,518,000 | 719,192,000 | 677,312,000 | 689,750,000 | 697,508,000 | 670,207,000 | 645,844,000 | 609,529,000 | 558,337,000 | 554,928,000 | 514,934,000 | 258,490,000 |
liabilities and stockholders' equity | |||||||||||||||||||||
current liabilities: | |||||||||||||||||||||
accounts payable | 30,440,000 | 24,979,000 | 36,215,000 | 29,229,000 | 24,220,000 | 22,431,000 | 23,596,000 | 24,379,000 | 22,009,000 | 17,420,000 | 14,329,000 | 13,052,000 | 17,710,000 | 14,578,000 | 13,000,000 | 10,701,000 | 11,694,000 | 11,115,000 | 8,876,000 | 11,828,000 | 13,769,000 |
accrued expenses | 42,155,000 | 38,114,000 | 35,169,000 | 44,643,000 | 41,767,000 | 36,754,000 | 44,735,000 | 49,614,000 | 55,991,000 | 55,896,000 | 38,234,000 | 28,908,000 | 23,931,000 | 27,286,000 | 22,966,000 | 23,467,000 | 19,974,000 | 15,936,000 | 19,176,000 | 15,014,000 | 11,961,000 |
customer funds obligations | 23,913,000 | 30,632,000 | 27,406,000 | 23,762,000 | 32,710,000 | 33,670,000 | 17,731,000 | 29,117,000 | 26,594,000 | 23,110,000 | 12,121,000 | 20,858,000 | 18,890,000 | 24,507,000 | 23,461,000 | 27,979,000 | 31,462,000 | 8,798,000 | 9,235,000 | 8,711,000 | 10,175,000 |
accrued salaries and benefits | 14,873,000 | 21,768,000 | 14,581,000 | 20,025,000 | 13,251,000 | 18,659,000 | 12,277,000 | 17,355,000 | 12,332,000 | 15,142,000 | 10,790,000 | 14,937,000 | 16,223,000 | 13,992,000 | 16,671,000 | 26,472,000 | 22,994,000 | 18,065,000 | 17,326,000 | 20,276,000 | 19,825,000 |
accrued variable compensation | 19,000,000 | 14,144,000 | 45,507,000 | 35,391,000 | 25,727,000 | 14,562,000 | 34,105,000 | 23,232,000 | 15,027,000 | 8,045,000 | 23,729,000 | 19,585,000 | 13,480,000 | 9,917,000 | 26,462,000 | 5,854,000 | 22,372,000 | 16,154,000 | 11,025,000 | ||
deferred revenue, current | 341,754,000 | 349,757,000 | 339,326,000 | 300,620,000 | 297,305,000 | 296,845,000 | 290,143,000 | 264,785,000 | 274,094,000 | 276,004,000 | 268,847,000 | 242,637,000 | 243,815,000 | 235,236,000 | |||||||
current portion of operating lease liabilities | 4,228,000 | 4,043,000 | 3,995,000 | 3,863,000 | 3,799,000 | 3,633,000 | 3,717,000 | 4,198,000 | 4,454,000 | 3,141,000 | 4,086,000 | 4,278,000 | 4,306,000 | 4,145,000 | 3,933,000 | 2,480,000 | 3,641,000 | 4,665,000 | |||
current portion of finance lease liabilities | 61,000 | 77,000 | 77,000 | 88,000 | 90,000 | 60,000 | 74,000 | 84,000 | 59,000 | 75,000 | 103,000 | 967,000 | 2,368,000 | 286,000 | 284,000 | 276,000 | 271,000 | 267,000 | |||
purchase commitment and contingent consideration liabilities, current | 29,900,000 | 29,600,000 | 35,100,000 | 300,000 | 200,000 | 13,390,000 | 11,901,000 | 7,842,000 | 7,866,000 | 8,340,000 | 6,149,000 | 5,082,000 | 4,791,000 | 1,258,000 | 468,000 | 478,000 | 10,458,000 | 767,000 | |||
total current liabilities | 506,324,000 | 513,114,000 | 537,376,000 | 457,921,000 | 439,069,000 | 442,504,000 | 440,779,000 | 433,106,000 | 430,900,000 | 421,949,000 | 403,209,000 | 373,970,000 | 368,876,000 | 356,562,000 | 369,132,000 | 345,695,000 | 326,729,000 | 275,195,000 | 291,968,000 | 263,515,000 | 278,519,000 |
deferred revenue, net of current portion | 5,496,000 | 5,140,000 | 4,840,000 | 3,792,000 | 2,436,000 | 4,146,000 | 2,577,000 | 2,030,000 | 2,959,000 | 7,112,000 | 10,289,000 | 11,098,000 | 11,259,000 | 10,479,000 | 11,666,000 | 11,544,000 | 12,025,000 | 13,162,000 | 14,702,000 | 12,095,000 | 11,396,000 |
debt, net of current portion | 336,349,000 | 335,784,000 | 335,220,000 | 334,656,000 | 334,092,000 | 43,458,000 | 44,059,000 | 44,863,000 | 45,478,000 | 46,093,000 | 46,709,000 | 47,324,000 | 47,939,000 | 48,554,000 | |||||||
operating lease liabilities, net of current portion | 11,253,000 | 11,461,000 | 12,585,000 | 13,568,000 | 14,397,000 | 15,523,000 | 16,567,000 | 17,445,000 | 18,330,000 | 20,057,000 | 20,421,000 | 21,431,000 | 22,371,000 | 23,360,000 | 24,320,000 | 26,707,000 | 26,726,000 | 26,671,000 | |||
finance lease liabilities, net of current portion | 10,000 | 20,000 | 36,000 | 41,000 | 51,000 | 65,000 | 10,000 | 24,000 | 39,000 | 68,000 | 68,000 | 334,000 | 334,000 | 334,000 | |||||||
purchase commitment and contingent consideration liabilities, net of current portion | 80,200,000 | 78,200,000 | 87,400,000 | 105,000,000 | 2,600,000 | 2,200,000 | 1,500,000 | 6,813,000 | 8,412,000 | 8,009,000 | 7,488,000 | 12,152,000 | 10,829,000 | 11,049,000 | 11,610,000 | 10,287,000 | |||||
deferred income tax liabilities | 9,369,000 | 9,369,000 | 9,918,000 | 16,187,000 | |||||||||||||||||
deferred other liabilities | 1,156,000 | 586,000 | 90,000 | 670,000 | 670,000 | 313,000 | 187,000 | 188,000 | 19,000 | 417,000 | 1,416,000 | 1,428,000 | 1,927,000 | 2,726,000 | 4,199,000 | 17,000 | 64,000 | 8,632,000 | 8,793,000 | 8,865,000 | |
total liabilities | 950,147,000 | 953,654,000 | 987,439,000 | 931,814,000 | 790,700,000 | 505,672,000 | 506,946,000 | 499,896,000 | 499,355,000 | 502,043,000 | 489,467,000 | 463,272,000 | 469,115,000 | 464,677,000 | 440,123,000 | 421,633,000 | 381,685,000 | 331,761,000 | 329,442,000 | 296,373,000 | 559,477,000 |
commitments and contingencies | |||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||
preferred shares, 0.001 par value, 30,000 shares authorized; no shares issued and outstanding | |||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 77,242 and 70,670 shares issued and outstanding, respectively | 77,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 82,156 and 86,481 shares issued and outstanding, respectively | 82,000 | ||||||||||||||||||||
additional paid in capital | 292,078,000 | 273,300,000 | 278,389,000 | 264,494,000 | 254,799,000 | 273,647,000 | 275,155,000 | 265,251,000 | 262,095,000 | 253,566,000 | 244,820,000 | 238,093,000 | 232,850,000 | 227,751,000 | 222,621,000 | 215,647,000 | 209,629,000 | 205,811,000 | 206,541,000 | 200,722,000 | |
accumulated deficit | -43,146,000 | -42,185,000 | -53,315,000 | -305,861,000 | |||||||||||||||||
accumulated other comprehensive loss | -1,049,000 | -30,783,000 | -45,879,000 | -20,107,000 | -29,086,000 | -25,770,000 | -21,742,000 | -29,312,000 | -24,011,000 | -24,617,000 | -27,752,000 | -42,019,000 | -31,321,000 | -19,546,000 | -17,497,000 | -13,167,000 | -7,463,000 | -4,104,000 | -3,127,000 | -4,003,000 | -3,765,000 |
total stockholders' equity | 248,042,000 | 200,490,000 | 179,352,000 | 259,026,000 | 233,130,000 | 250,130,000 | 252,981,000 | 220,172,000 | 225,715,000 | 223,475,000 | 229,725,000 | 214,040,000 | 220,635,000 | 232,831,000 | 230,084,000 | 224,211,000 | 227,844,000 | 226,576,000 | 225,486,000 | 218,561,000 | |
total liabilities and stockholders' equity | 1,198,189,000 | 1,154,144,000 | 1,166,791,000 | 1,190,840,000 | 1,023,830,000 | 755,802,000 | 759,927,000 | 720,068,000 | 725,070,000 | 725,518,000 | 719,192,000 | 677,312,000 | 689,750,000 | 697,508,000 | 670,207,000 | 645,844,000 | 609,529,000 | ||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 71,907 and 70,670 shares issued and outstanding, respectively | 72,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 86,481 and 86,481 shares issued and outstanding, respectively | 86,000 | ||||||||||||||||||||
current portion of long-term debt | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,188,000 | 1,875,000 | 1,563,000 | 1,250,000 | 882,000 | 1,179,000 | 649,000 | |||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 70,670 and 60,989 shares issued and outstanding, respectively | 71,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 86,481 and 92,661 shares issued and outstanding, respectively | 86,000 | ||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 65,722 and 60,989 shares issued and outstanding, respectively | 66,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 90,161 and 92,661 shares issued and outstanding, respectively | 90,000 | 90,000 | |||||||||||||||||||
retained earnings | 14,483,000 | 7,262,000 | 2,098,000 | 12,507,000 | 17,816,000 | 18,957,000 | 24,477,000 | 24,811,000 | 21,582,000 | 25,530,000 | 24,722,000 | 21,926,000 | 21,696,000 | ||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 65,165 and 60,989 shares issued and outstanding, respectively | 65,000 | ||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 62,316 and 60,989 shares issued and outstanding, respectively | 62,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 92,661 and 92,661 shares issued and outstanding, respectively | 93,000 | ||||||||||||||||||||
deferred compensation, current | 2,352,000 | 2,809,000 | 2,067,000 | 1,844,000 | 4,202,000 | 4,202,000 | 2,057,000 | 2,057,000 | 3,220,000 | 22,349,000 | |||||||||||
deferred purchase consideration, current | 10,000,000 | 9,974,000 | 9,924,000 | 19,824,000 | 19,724,000 | 19,955,000 | 19,905,000 | 19,805,000 | 19,705,000 | ||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 60,989 and 50,014 shares issued and outstanding, respectively | 61,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 92,661 and 100,307 shares issued and outstanding, respectively | 93,000 | ||||||||||||||||||||
(accumulated deficit) retained earnings | -586,000 | -15,920,000 | -12,521,000 | -5,625,000 | |||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 55,825 and 50,014 shares issued and outstanding, respectively | 56,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 96,839 and 100,307 shares issued and outstanding, respectively | 97,000 | ||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 54,054 and 50,014 shares issued and outstanding, respectively | 54,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 97,718 and 100,307 shares issued and outstanding, respectively | 98,000 | 98,000 | |||||||||||||||||||
investment securities available-for-sale, current, at fair value | 11,524,000 | 11,173,000 | |||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 53,586 and 50,014 shares issued and outstanding, respectively | 53,000 | ||||||||||||||||||||
tax sharing agreement distributions payable | 536,000 | ||||||||||||||||||||
deferred compensation, net of current portion | 129,000 | 2,056,000 | 1,963,000 | 2,786,000 | 4,244,000 | 6,048,000 | 5,010,000 | 2,156,000 | 77,505,000 | ||||||||||||
deferred purchase consideration, net of current portion | 9,586,000 | 9,519,000 | 19,419,000 | 19,319,000 | |||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 50,014 and 42,286 shares issued and outstanding, respectively | 50,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 100,307 and 106,807 shares issued and outstanding, respectively | 100,000 | ||||||||||||||||||||
investment securities available-for-sale, current | 6,127,000 | ||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 48,673 and 42,286 shares issued and outstanding, respectively | 49,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 101,307 and 106,807 shares issued and outstanding, respectively | 101,000 | 101,000 | |||||||||||||||||||
investment securities available for sale, current | 6,943,000 | ||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 48,316 and 42,286 shares issued and outstanding, respectively | 48,000 | ||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 42,561 and 42,286 shares issued and outstanding, respectively | 42,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 106,807 shares issued and outstanding | 107,000 | ||||||||||||||||||||
deferred revenue | 237,344,000 | 211,036,000 | 210,587,000 | 204,971,000 | 207,560,000 | 185,445,000 | 187,041,000 | ||||||||||||||
current portion of capital lease obligations | |||||||||||||||||||||
deferred rent and other | 939,000 | 908,000 | 917,000 | ||||||||||||||||||
capital lease obligations, net of current portion | |||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 shares authorized; 42,286 and 26,327 shares issued and outstanding, respectively | 42,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 shares authorized; 106,807 and 120,117 shares issued and outstanding, respectively | 107,000 | ||||||||||||||||||||
distributions payable | 2,700,000 | 2,700,000 | |||||||||||||||||||
accrued and deferred compensation, current | 23,101,000 | 15,648,000 | |||||||||||||||||||
class a common stock | 41,000 | 40,000 | 27,000 | ||||||||||||||||||
class b common stock | 108,000 | 108,000 | 120,000 | ||||||||||||||||||
liabilities and equity | |||||||||||||||||||||
total liabilities and equity | 558,337,000 | 554,928,000 | 514,934,000 | 258,490,000 | |||||||||||||||||
purchase commitment liability, current | 845,000 | ||||||||||||||||||||
long-term debt, net of current portion | 225,000 | 329,000 | 173,361,000 | ||||||||||||||||||
purchase commitment liability, net of current portion | 8,905,000 | ||||||||||||||||||||
options for redeemable shares | 47,223,000 | ||||||||||||||||||||
stockholders' equity | |||||||||||||||||||||
preferred shares, 0.001 par value, 30,000 and 0 shares authorized; 0 and 0 shares issued and outstanding | |||||||||||||||||||||
class a voting common stock, 0.001 par value, 0 and 600 shares authorized; 0 and 300 shares issued; 0 and 147 shares outstanding | |||||||||||||||||||||
class b non-voting common stock, 0.001 par value, 0 and 299,400 shares authorized; 0 and 162,297 shares issued; 0 and 120,270 shares outstanding | |||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 and 0 shares authorized; 26,327 and 0 shares issued and outstanding | 26,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 and 0 shares authorized; 120,117 and 0 shares issued and outstanding | 120,000 | ||||||||||||||||||||
treasury stock | -38,638,000 | ||||||||||||||||||||
advances to stockholders | 2,000 | 230,000 | |||||||||||||||||||
goodwill | 18,667,000 | 19,355,000 | |||||||||||||||||||
deposits and other assets | 3,093,000 | 4,956,000 | |||||||||||||||||||
future acquisition commitment, current | 780,000 | 808,000 | |||||||||||||||||||
future acquisition commitment, net of current portion | 9,485,000 | 9,831,000 | |||||||||||||||||||
preferred shares, 0.001 par value, 30,000 and 0 shares authorized, respectively; 0 and 0 shares issued and outstanding, respectively | |||||||||||||||||||||
class a voting common stock, 0.001 par value, 0 and 600 shares authorized, respectively; 0 and 300 shares issued, respectively; 0 and 147 shares outstanding, respectively | |||||||||||||||||||||
class b non-voting common stock, 0.001 par value, 0 and 299,400 shares authorized, respectively; 0 and 162,297 shares issued, respectively; 0 and 120,270 shares outstanding, respectively | |||||||||||||||||||||
class a voting common stock, 0.001 par value, 300,000 and 0 shares authorized, respectively; 25,688 and 0 shares issued and outstanding, respectively | 26,000 | ||||||||||||||||||||
class b voting common stock, 0.001 par value, 150,000 and 0 shares authorized, respectively; 120,417 and 0 shares issued and outstanding, respectively | 120,000 | ||||||||||||||||||||
stockholders’ deficit | |||||||||||||||||||||
class a voting common stock, 0.001 par value, 600 shares authorized, 300 shares issued, 147 shares outstanding | |||||||||||||||||||||
class b non-voting common stock, 0.001 par value, 299,400 shares authorized, 162,470 (unaudited), and 162,297 shares issued, respectively, 120,443 (unaudited) and 120,270 shares outstanding, respectively | 54,000 | ||||||||||||||||||||
total stockholders’ deficit | -348,210,000 |
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