This page shows VERADERMICS INC (MANE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
We are recalculating VERADERMICS INC's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
VERADERMICS INC passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, VERADERMICS INC generates $1.02 in operating cash flow (-$71.6M OCF vs -$70.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
VERADERMICS INC reported -$70.0M in net income in fiscal year 2025. This represents a decrease of 164.3% from the prior year.
VERADERMICS INC earned $-111.91 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 202.1% from the prior year.
Cash & Balance Sheet
VERADERMICS INC generated -$71.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 202.4% from the prior year.
VERADERMICS INC held $21.8M in cash against $0 in long-term debt as of fiscal year 2025.
VERADERMICS INC had 749,760 shares outstanding in fiscal year 2025. This represents an increase of 1.7% from the prior year.
Margins & Returns
Capital Allocation
VERADERMICS INC invested $62.1M in research and development in fiscal year 2025. This represents an increase of 166.6% from the prior year.
VERADERMICS INC invested $24K in capex in fiscal year 2025, funding long-term assets and infrastructure.
MANE Income Statement
| Metric | Q1'26 | Q4'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | $20.9M | N/A | $11.4M | N/A |
| SG&A Expenses | $8.9M | N/A | $1.5M | N/A |
| Operating Income | -$29.9M | N/A | -$12.9M | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | $0 | N/A | $0 | N/A |
| Net Income | -$27.2M | N/A | -$12.4M | N/A |
| EPS (Diluted) | $-1.32 | N/A | $-19.79 | N/A |
MANE Balance Sheet
| Metric | Q1'26 | Q4'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|
| Total Assets | $397.4M+160.4% | $152.6M | N/A | $55.5M |
| Current Assets | $397.1M+160.4% | $152.5M | N/A | $55.5M |
| Cash & Equivalents | $168.4M+673.7% | $21.8M-32.9% | $32.4M-38.9% | $53.1M |
| Inventory | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $6.7M-97.5% | $273.6M | N/A | $104.0M |
| Current Liabilities | $6.7M-26.6% | $9.2M | N/A | $4.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A |
| Total Equity | $390.6M+422.8% | -$121.0M-99.5% | -$60.7M-25.1% | -$48.5M |
| Retained Earnings | -$150.7M-22.1% | -$123.4M | N/A | -$49.2M |
MANE Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|
| Operating Cash Flow | -$21.2M | N/A | -$13.3M | N/A |
| Capital Expenditures | $0 | N/A | $19K | N/A |
| Free Cash Flow | -$21.2M | N/A | -$13.3M | N/A |
| Investing Cash Flow | -$101.3M | N/A | -$15.8M | N/A |
| Financing Cash Flow | $269.1M | N/A | $8.4M | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
MANE Financial Ratios
| Metric | Q1'26 | Q4'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | -7.0% | N/A | N/A | N/A |
| Return on Assets | -6.9% | N/A | N/A | N/A |
| Current Ratio | 59.12+42.5 | 16.66 | N/A | 11.77 |
| Debt-to-Equity | 0.02 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$121.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Frequently Asked Questions
Is VERADERMICS INC profitable?
No, VERADERMICS INC (MANE) reported a net income of -$70.0M in fiscal year 2025.
What is VERADERMICS INC's free cash flow?
VERADERMICS INC (MANE) generated -$71.6M in free cash flow during fiscal year 2025. This represents a -202.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is VERADERMICS INC's operating cash flow?
VERADERMICS INC (MANE) generated -$71.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are VERADERMICS INC's total assets?
VERADERMICS INC (MANE) had $152.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are VERADERMICS INC's capital expenditures?
VERADERMICS INC (MANE) invested $24K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does VERADERMICS INC spend on research and development?
VERADERMICS INC (MANE) invested $62.1M in research and development during fiscal year 2025.
What is VERADERMICS INC's current ratio?
VERADERMICS INC (MANE) had a current ratio of 16.66 as of fiscal year 2025, which is generally considered healthy.
What is VERADERMICS INC's return on assets (ROA)?
VERADERMICS INC (MANE) had a return on assets of -45.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is VERADERMICS INC's cash runway?
Based on fiscal year 2025 data, VERADERMICS INC (MANE) had $21.8M in cash against an annual operating cash burn of $71.6M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is VERADERMICS INC's debt-to-equity ratio negative or not reported?
VERADERMICS INC (MANE) has negative shareholder equity of -$121.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is VERADERMICS INC's Piotroski F-Score?
VERADERMICS INC (MANE) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are VERADERMICS INC's earnings high quality?
VERADERMICS INC (MANE) has an earnings quality ratio of 1.02x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.