VHC Chart
About

VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offers a portfolio of licenses and services, such as VirnetX One, a security-as-a-service platform that protects enterprise applications, services, and infrastructure from cyber-attacks; GABRIEL Connection Technology software development kit to assist with rapid integration of its techniques into existing software implementations; War Room software that offers safe and secure video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it; and VirnetX Matrix that provides security for internet-enabled enterprise applications and their connected devices. It serves domain infrastructure and communication service providers, and system integrators; and enterprise customers, developers, and original equipment manufacturers of chips, servers, desktops, smart phones, tablets, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. VirnetX Holding Corporation was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 61.85M
Enterprise Value 41.58M Income -17.86M Sales 106.00K
Book/sh 6.86 Cash/sh 6.60 Dividend Yield —
Payout 0.00% Employees 23 IPO —
P/E — Forward P/E 7.91 PEG —
P/S 583.45 P/B 2.11 P/C —
EV/EBITDA -2.21 EV/Sales 392.26 Quick Ratio 13.62
Current Ratio 13.72 Debt/Eq 27.08 LT Debt/Eq —
EPS (ttm) -4.90 EPS next Y 1.83 EPS Growth —
Revenue Growth 28.00% Earnings 2025-08-14 16:00 ROA -25.12%
ROE -47.77% ROIC — Gross Margin 100.00%
Oper. Margin -71.45% Profit Margin 0.00% Shs Outstand 4.27M
Shs Float 3.60M Short Float 4.20% Short Ratio 4.79
Short Interest — 52W High 29.00 52W Low 6.60
Beta 2.16 Avg Volume 25.61K Volume 10.27K
Target Price — Recom None Prev Close $16.05
Price $14.48 Change -9.79%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$14.48
Latest analyst target
3. DCF / Fair value
$-41.28
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$14.48
Low
—
High
—
Mean
—
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 625 6315.0 — Conversion of Exercise of derivative security at price 10.10 per share. O BRIEN THOMAS M Director — 2025-12-03 00:00:00 D
1 1875 42562.0 — Sale at price 22.70 per share. FEINER GARY W. Director — 2025-11-26 00:00:00 D
2 625 13055.0 — Sale at price 20.89 per share. ANGELO MICHAEL F Director — 2025-11-24 00:00:00 D
3 7500 — — Stock Award(Grant) at price 0.00 per share. CHOW HEIDY KINGWAN Director — 2025-06-12 00:00:00 D
4 7500 — — Stock Award(Grant) at price 0.00 per share. O BRIEN THOMAS M Director — 2025-06-12 00:00:00 D
5 7500 — — Stock Award(Grant) at price 0.00 per share. ANGELO MICHAEL F Director — 2025-06-12 00:00:00 D
6 7500 — — Stock Award(Grant) at price 0.00 per share. FEINER GARY W. Director — 2025-06-12 00:00:00 D
7 80000 — — Stock Award(Grant) at price 0.00 per share. LARSEN KENDALL Chief Executive Officer — 2024-11-14 00:00:00 D/I
8 30000 — — Stock Award(Grant) at price 0.00 per share. ALLANSON KATHERINE Chief Financial Officer — 2024-11-12 00:00:00 D
9 30000 — — Stock Award(Grant) at price 0.00 per share. SHORT ROBERT DUNHAM III Officer — 2024-11-12 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.000.210.13
NormalizedEBITDA-20.38M-31.44M-22.07M-49.17M
TotalUnusualItems0.000.00
TotalUnusualItemsExcludingGoodwill0.000.00
NetIncomeFromContinuingOperationNetMinorityInterest-18.18M-27.87M-36.26M-42.92M
ReconciledDepreciation21.00K9.00K7.00K4.00K
EBITDA-20.38M-31.44M-22.07M-49.17M
EBIT-20.40M-31.45M-22.08M-49.17M
NetInterestIncome2.23M3.50M1.85M48.00K
InterestIncome2.23M3.50M1.85M48.00K
NormalizedIncome-18.18M-27.87M-36.26M-42.92M
NetIncomeFromContinuingAndDiscontinuedOperation-18.18M-27.87M-36.26M-42.92M
TotalExpenses20.40M31.45M22.12M49.21M
TotalOperatingIncomeAsReported-20.40M-31.45M-22.08M-49.17M
DilutedAverageShares3.60M3.58M3.56M3.56M
BasicAverageShares3.60M3.58M3.56M3.56M
DilutedEPS-5.05-7.79-10.17-12.00
BasicEPS-5.05-7.79-10.17-12.00
DilutedNIAvailtoComStockholders-18.18M-27.87M-36.26M-42.92M
NetIncomeCommonStockholders-18.18M-27.87M-36.26M-42.92M
NetIncome-18.18M-27.87M-36.26M-42.92M
NetIncomeIncludingNoncontrollingInterests-18.18M-27.87M-36.26M-42.92M
NetIncomeContinuousOperations-18.18M-27.87M-36.26M-42.92M
TaxProvision3.00K-79.00K16.03M-6.21M
PretaxIncome-18.17M-27.95M-20.23M-49.13M
SpecialIncomeCharges0.000.00
NetNonOperatingInterestIncomeExpense2.23M3.50M1.85M48.00K
InterestIncomeNonOperating2.23M3.50M1.85M48.00K
OperatingIncome-20.40M-31.45M-22.08M-49.17M
OperatingExpense20.40M31.45M22.12M49.21M
OtherOperatingExpenses-4.00K-9.08M
ResearchAndDevelopment6.04M9.71M6.41M5.58M
SellingGeneralAndAdministration14.36M21.74M15.72M52.72M
TotalRevenue5.00K7.00K48.00K35.00K
OperatingRevenue5.00K7.00K48.00K35.00K
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber4.24M3.62M3.57M3.56M
ShareIssued4.24M3.62M3.57M3.56M
TangibleBookValue39.62M56.01M152.24M185.45M
InvestedCapital39.62M56.01M152.24M185.45M
WorkingCapital31.01M52.58M151.53M168.47M
NetTangibleAssets39.62M56.01M152.24M185.45M
CommonStockEquity39.62M56.01M152.24M185.45M
TotalCapitalization39.62M56.01M152.24M185.45M
TotalEquityGrossMinorityInterest39.62M56.01M152.24M185.45M
StockholdersEquity39.62M56.01M152.24M185.45M
GainsLossesNotAffectingRetainedEarnings0.00-12.00K-314.00K-68.00K
OtherEquityAdjustments-12.00K-314.00K-68.00K
RetainedEarnings-204.67M-186.50M-87.19M-50.94M
AdditionalPaidInCapital244.29M242.52M239.75M236.44M
CapitalStock0.000.000.007.00K
CommonStock0.000.000.007.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest9.99M4.40M731.00K1.07M
TotalNonCurrentLiabilitiesNetMinorityInterest2.79M3.15M0.0046.00K
OtherNonCurrentLiabilities2.79M3.15M46.00K
CurrentLiabilities7.20M1.25M731.00K1.02M
OtherCurrentLiabilities6.60M498.00K47.00K58.00K
PayablesAndAccruedExpenses593.00K756.00K684.00K963.00K
CurrentAccruedExpenses257.00K316.00K311.00K625.00K
Payables336.00K440.00K373.00K338.00K
AccountsPayable336.00K440.00K373.00K338.00K
TotalAssets49.61M60.41M152.97M186.52M
TotalNonCurrentAssets11.40M6.58M714.00K17.02M
OtherNonCurrentAssets8.84M4.01M703.00K1.06M
NonCurrentPrepaidAssets1.06M
NonCurrentDeferredAssets0.0015.95M
NonCurrentDeferredTaxesAssets0.0015.95M
InvestmentsAndAdvances2.50M2.50M0.00
OtherInvestments2.50M2.50M0.00
NetPPE67.00K67.00K11.00K18.00K
AccumulatedDepreciation-190.00K-168.00K-160.00K-153.00K
GrossPPE257.00K235.00K171.00K171.00K
MachineryFurnitureEquipment257.00K235.00K171.00K171.00K
CurrentAssets38.20M53.83M152.26M169.49M
OtherCurrentAssets122.00K282.00K224.00K203.00K
PrepaidAssets0.000.00
Receivables0.002.00K14.00K17.00K
AccountsReceivable0.002.00K14.00K17.00K
CashCashEquivalentsAndShortTermInvestments38.08M53.55M152.02M169.27M
OtherShortTermInvestments14.79M27.26M65.46M27.25M
CashAndCashEquivalents23.30M26.29M86.56M142.02M
CashEquivalents21.52M24.84M69.61M106.59M
CashFinancial1.78M1.45M16.95M35.43M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-15.35M-24.84M-16.89M-51.73M
IssuanceOfCapitalStock0.000.00
CapitalExpenditure-22.00K-65.00K-11.00K
IncomeTaxPaidSupplementalData3.00K0.002.00K2.00K
EndCashPosition23.30M26.29M86.56M142.02M
BeginningCashPosition26.29M86.56M142.02M192.91M
ChangesInCash-2.99M-60.27M-55.46M-50.89M
FinancingCashFlow-129.00K-71.44M-29.00K-196.00K
CashFlowFromContinuingFinancingActivities-129.00K-71.44M-29.00K-196.00K
NetOtherFinancingCharges-129.00K-11.00K-29.00K-196.00K
ProceedsFromStockOptionExercised0.000.00
CashDividendsPaid0.00-71.43M0.000.00
CommonStockDividendPaid0.00-71.43M0.000.00
NetCommonStockIssuance0.000.00
CommonStockIssuance0.000.00
InvestingCashFlow12.46M35.94M-38.53M1.03M
CashFlowFromContinuingInvestingActivities12.46M35.94M-38.53M1.03M
NetInvestmentPurchaseAndSale12.48M36.01M-38.53M1.04M
SaleOfInvestment41.11M85.72M28.54M27.37M
PurchaseOfInvestment-28.62M-49.72M-67.07M-26.33M
NetPPEPurchaseAndSale-22.00K-65.00K0.00-11.00K
PurchaseOfPPE-22.00K-65.00K0.00-11.00K
OperatingCashFlow-15.33M-24.77M-16.89M-51.72M
CashFlowFromContinuingOperatingActivities-15.33M-24.77M-16.89M-51.72M
ChangeInWorkingCapital924.00K296.00K-2.00K-6.12M
ChangeInOtherCurrentLiabilities238.00K3.60M-54.00K60.00K
ChangeInPayablesAndAccruedExpense-163.00K72.00K-279.00K-9.35M
ChangeInAccruedExpense-59.00K5.00K-314.00K-9.03M
ChangeInPayable-104.00K67.00K35.00K-316.00K
ChangeInAccountPayable-104.00K67.00K35.00K-316.00K
ChangeInPrepaidAssets848.00K-3.37M328.00K3.18M
ChangeInReceivables1.00K-3.00K3.00K-9.00K
ChangesInAccountReceivables1.00K-3.00K3.00K-9.00K
OtherNonCashItems34.00K
StockBasedCompensation1.90M2.78M3.33M4.18M
ProvisionandWriteOffofAssets15.00K0.00
AssetImpairmentCharge1.00K15.00K
DeferredTax0.0016.03M-6.90M
DeferredIncomeTax0.0016.03M-6.90M
DepreciationAmortizationDepletion21.00K9.00K7.00K4.00K
DepreciationAndAmortization21.00K9.00K7.00K4.00K
Depreciation21.00K9.00K7.00K4.00K
OperatingGainsLosses34.00K
GainLossOnInvestmentSecurities34.00K
NetIncomeFromContinuingOperations-18.18M-27.87M-36.26M-42.92M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for VHC
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