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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	23.22	23.3	26.29	86.56	142.02	192.91
Short-Term Investments	10.95	14.79	27.26	65.46	27.25	28.35
Cash & Short-Term Investments	34.18	38.08	53.55	152.02	169.27	221.26
Cash Growth	-31.66%	-28.88%	-64.78%	-10.19%	-23.49%	3901.74%
Receivables	-	-	0	0.01	0.02	0.01
Prepaid Expenses	0.4	0.12	0.28	0.22	0.2	0.26
Other Current Assets	-	-	-	-	-	2.91
Total Current Assets	34.58	38.2	53.83	152.26	169.49	224.43
Property, Plant & Equipment	7.94	8.81	3.9	0.66	0.97	1.26
Long-Term Investments	2.5	2.5	2.5	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	15.95	9.05
Other Long-Term Assets	0.09	0.09	0.19	0.06	0.11	0.05
Total Assets	45.11	49.61	60.41	152.98	186.52	234.79
Accounts Payable	0.33	0.34	0.44	0.37	0.34	0.65
Accrued Expenses	0.33	0.26	0.32	0.31	0.27	0.22
Current Portion of Leases	1.29	6.56	0.49	-	0.05	0.04
Other Current Liabilities	0.01	0.05	0	0.05	0.36	9.44
Total Current Liabilities	1.95	7.2	1.25	0.73	1.02	10.36
Long-Term Leases	6.8	2.79	3.15	-	0.05	-
Total Liabilities	8.75	9.99	4.4	0.73	1.07	10.36
Common Stock	-	-	-	-	0.01	0.01
Additional Paid-In Capital	244.72	244.29	242.52	239.75	236.45	232.46
Retained Earnings	-208.35	-204.67	-186.5	-87.2	-50.94	-8.01
Comprehensive Income & Other	-0.01	-	-0.01	-0.31	-0.07	-0.01
Shareholders' Equity	36.36	39.62	56.01	152.24	185.45	224.44
Total Liabilities & Equity	45.11	49.61	60.41	152.98	186.52	234.79
Total Debt	8.09	9.35	3.64	-	0.1	0.04
Net Cash (Debt)	26.09	28.74	49.91	152.02	169.17	221.21
Net Cash Growth	-35.95%	-42.42%	-67.17%	-10.14%	-23.52%	3972.39%
Net Cash Per Share	7.25	7.99	13.94	42.64	47.55	61.78
Filing Date Shares Outstanding	4.24	4.24	3.68	3.57	3.56	3.55
Total Common Shares Outstanding	4.24	4.24	3.62	3.57	3.56	3.55
Working Capital	32.62	31.01	52.58	151.53	168.47	214.08
Book Value Per Share	8.58	9.35	15.48	42.63	52.07	63.17
Tangible Book Value	36.36	39.62	56.01	152.24	185.45	224.44
Tangible Book Value Per Share	8.58	9.35	15.48	42.63	52.07	63.17
Machinery	-	0.26	0.24	0.17	0.17	0.16

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q