Microcap Ledger

Tickers · $VNDA

Vanda Pharmaceuticals Inc. $VNDA

By Microcap Ledger desk · CIK 0001347178

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Market
Sector
Pharmaceutical Preparations
Headquarters
Washington, DC
Fiscal year end
December 31
Shares outstanding
60,462,687 [10-Q 2026-08-06]
as of 2026-07-30

Sources: [10-K 2026-02-12]

What the company doesAI summary of filing

Vanda Pharmaceuticals is a revenue-generating biopharmaceutical company that develops and commercializes prescription medications for psychiatric, neurological, sleep, and inflammatory disorders. The company's commercial portfolio includes four FDA-approved products: Fanapt for schizophrenia and bipolar I disorder, HETLIOZ for non-24-hour sleep-wake disorder and Smith-Magenis syndrome, PONVORY for relapsing multiple sclerosis, and NEREUS for motion sickness prevention. Vanda generates revenue from U.S. and international sales of these products and maintains an active pipeline of product candidates in clinical development, including additional indications for existing products and new molecular entities targeting psychiatric disorders, sleep disorders, inflammatory conditions, and rare diseases. [10-K 2026-02-12]

Segments: Fanapt (iloperidone), HETLIOZ (tasimelteon), PONVORY (ponesimod), NEREUS (tradipitant)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$102.25M−$111.08M −$81.29M$55.88M[10-Q 2026-08-06]
FY ended Dec 2025$216.10M−$220.50M −$109.44M$84.85M[10-K 2026-02-12]
FY ended Dec 2024$198.77M−$18.90M −$15.76M$102.32M[10-K 2026-02-12]
Quarterly cash burn
−$40.64M
Cash runway Estimate
~4.1 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-10-3158,308,144[10-Q 2024-11-07]
2025-02-0758,316,044[10-K 2025-02-14]
2025-05-0158,934,482[10-Q 2025-05-08]
2025-07-2459,089,130[10-Q 2025-07-31]
2025-10-2359,096,630[10-Q 2025-10-30]
2026-02-0559,108,030[10-K 2026-02-12]
2026-04-3060,135,562[10-Q 2026-05-07]
2026-07-3060,462,687[10-Q 2026-08-06]
Shelf registration
S-3 filed 2026-02-12; declared effective 2026-05-05 [S-3 2026-02-12]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-06-04Mcguire Daniel Patrickgrant80,000—[4 2026-06-08]
2026-06-04Chrousos Phaedragrant41,600—[4 2026-06-08]
2026-06-04Duncan Charles Cliffgrant41,600—[4 2026-06-08]
2026-06-04Dugan Richard Wgrant41,600—[4 2026-06-08]
2026-06-04Ward Anne Sempowskigrant41,600—[4 2026-06-08]
2026-06-04Honore Tagegrant41,600—[4 2026-06-08]
2026-06-04Mitchell Stephen Raygrant41,600—[4 2026-06-08]
2026-05-18Mitchell Stephen Rayother25,836—[4 2026-05-20]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.