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Verastem Inc (VSTM)

Verastem Inc (VSTM)
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Verastem, Inc., a clinical stage biopharmaceutical company, focuses on discovering and developing drugs to improve outcomes for patients with cancer. Its programs target the focal adhesion kinase (FAK) and the phosphoinositide 3-kinase (PI3K)/mTOR signaling pathways. Its lead FAK inhibitor is defactinib (VS-6063), an orally available candidate for combination therapy with immuno-oncology agents and other anti-cancer compounds. The company's defactinib is in Phase 1b study for the treatment of pancreatic cancer, as well as in Phase 1/2 clinical trial for the treatment of ovarian cancer, non-small cell lung cancer, mesothelioma, and pancreatic cancer. It also engages in developing duvelisib, an investigational oral therapy that targets the PI3K signaling pathway, as well as attacks malignant B-cells and T-cells and disrupt the tumor microenvironment to help thwart their growth and proliferation for patients with lymphatic cancers through the dual inhibition of PI3K delta and gamma.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 11,240 2,140 0 0 0
Sales Growth +425.23% unch unch unch -100.00%
Net Income -98,520 -25,930 -52,100 -64,550 -23,970
Net Income Growth -279.95% +50.23% +19.29% -169.30% -190.19%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 176,850 196,260 131,700 101,540 126,380
Total Assets Growth -9.89% +49.02% +29.70% -19.66% +19.51%
Total Liabilities 192,380 160,210 164,130 130,430 94,160
Total Liabilities Growth +20.08% -2.39% +25.84% +38.52% +43.23%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow -107,560 -71,340 -38,680 -104,770 -79,670
Operating Cash Flow Growth -50.77% -84.44% +63.08% -31.51% -42.57%
Net Cash Flow 48,890 75,500 28,750 9,980 34,340
Change in Net Cash Flow -35.25% +162.61% +188.08% -70.94% +656.39%
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