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MARKETS / NASDAQ / VHC
NASDAQ · PATENT OWNERS & LESSORS · SMALL CAP

VirnetX Holding Corp. VHC

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$162,000
▲ 3140.0% YoY
$-18.2M
$-15.7M
Growth
USD 162,000.00
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.2 · Net income -18.2
200M-20M-40M200920112013201520172019202120232025
Compound annual growth
+50.0%
−77.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −77.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−11250 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -12000.0% · Net -11250.0%
-200000%-400000%200920112013201520172019202120232025
ROE
FY2025 · ROE -58.7%
100%200%-200%-400%200920112013201520172019202120232025

Each USD of equity lost 59 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -15.7
100M200M-20M-40M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2024 · Dividends 0.0 · Net buybacks —
25.0M50.0M2010201920202021202220232024

Total assetsUSD 31.1M
EquityUSD 22.5M
CashUSD 15.5M
Current ratio10.70×

Equity funds 72% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.00.00.00.00.00.30.00.00.00.0·······
Operating income $B−0.0−0.0−0.0−0.0−0.00.2−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.1−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.00.2−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.1−0.0
Income tax $B−0.00.0−0.00.0−0.00.0−0.00.00.00.00.00.00.0−0.0−0.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.00.3−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.10.3−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.00.1−0.0
EPS, diluted $−5.00−5.05−7.79−10.17−0.603.92−0.28−0.40−0.30−0.51−0.56−0.19−0.54−0.53−0.350.84−0.33
Dividend / sh $·0.0020.000.000.001.000.00······0.000.000.500.00
Payout %·−0−256−0−025−0········0·
ROE %−58.7−38.0−26.8−21.5−20.9243.8−247.2−444.1−272.1−217.7−122.5−29.7−62.8−44.1−27.0163.2·
Shares out B0.000.000.000.000.070.070.070.070.060.060.050.050.050.050.050.05·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 10 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPatent Owners & Lessors
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

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