VirnetX Holding Corporation (VHC)

VirnetX Holding Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	17.29	23.3	26.29	86.56	142.02	192.91
Short-Term Investments	13.93	14.79	27.26	65.46	27.25	28.35
Cash & Short-Term Investments	31.23	38.08	53.55	152.02	169.27	221.26
Cash Growth	-33.43%	-28.88%	-64.78%	-10.19%	-23.49%	3901.74%
Accounts Receivable	0.05	-	0	0.01	0.02	0.01
Other Current Assets	0.26	0.12	0.28	0.22	0.2	3.17
Total Current Assets	31.54	38.2	53.83	152.26	169.49	224.43
Net Property, Plant & Equipment	0.06	0.07	0.07	0.01	0.02	0.01
Long-Term Investments	2.5	2.5	2.5	-	-	-
Other Long-Term Assets	7.73	8.84	4.01	0.7	17.01	10.35
Total Assets	41.82	49.61	60.41	152.98	186.52	234.79
Accounts Payable	0.29	0.34	0.44	0.37	0.34	0.65
Accrued Expenses	0.35	0.26	0.32	0.31	0.63	9.66
Other Current Liabilities	1.3	6.6	0.5	0.05	0.06	0.04
Total Current Liabilities	1.94	7.2	1.25	0.73	1.02	10.36
Other Long-Term Liabilities	6.71	2.79	3.15	-	0.05	-
Total Long-Term Liabilities	6.71	2.79	3.15	-	0.05	-
Total Liabilities	8.65	9.99	4.4	0.73	1.07	10.36
Common Stock	-	-	-	-	0.01	0.01
Additional Paid-in Capital	245.16	244.29	242.52	239.75	236.45	232.46
Accumulated Other Comprehensive Income	-0.02	-	-0.01	-0.31	-0.07	-0.01
Retained Earnings	-211.97	-204.67	-186.5	-87.2	-50.94	-8.01
Shareholders' Equity	33.17	39.62	56.01	152.24	185.45	224.44
Total Liabilities & Equity	41.82	49.61	60.41	152.98	186.52	234.79
Net Cash (Debt)	31.23	38.08	53.55	152.02	169.27	221.26
Net Cash Growth	-18.00%	-28.88%	-64.78%	-10.19%	-23.49%	3901.74%
Net Cash Per Share	8.60	10.59	14.96	42.64	47.58	61.79
Book Value	33.17	39.62	56.01	152.24	185.45	224.44
Book Value Per Share	9.14	11.02	15.65	42.71	52.12	62.68
Tangible Book Value	33.17	39.62	56.01	152.24	185.45	224.44
Tangible Book Value Per Share	9.14	11.02	15.65	42.71	52.12	62.68

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q