VirnetX Holding Corp
NYSE:VHC
Income Statement
Earnings Waterfall
VirnetX Holding Corp
Revenue
|
7k
USD
|
Cost of Revenue
|
0
USD
|
Gross Profit
|
7k
USD
|
Operating Expenses
|
-31.5m
USD
|
Operating Income
|
-31.4m
USD
|
Other Expenses
|
3.6m
USD
|
Net Income
|
-27.9m
USD
|
Income Statement
VirnetX Holding Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2
N/A
|
2
-2%
|
2
+12%
|
1
-55%
|
1
+14%
|
1
+10%
|
2
+9%
|
2
+6%
|
2
-3%
|
2
+1%
|
2
N/A
|
2
N/A
|
2
-1%
|
2
+1%
|
2
N/A
|
2
N/A
|
2
-1%
|
1
-23%
|
1
-32%
|
0
-46%
|
0
-86%
|
0
+33%
|
0
+25%
|
0
-10%
|
0
N/A
|
0
+156%
|
0
-9%
|
0
+14%
|
0
-13%
|
0
-62%
|
0
N/A
|
0
-38%
|
0
-20%
|
0
N/A
|
0
+25%
|
0
N/A
|
0
N/A
|
0
-20%
|
0
-75%
|
0
N/A
|
0
-30%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
(6)
|
0
|
(10)
|
(11)
|
(5)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(90)
|
0
|
(90)
|
(90)
|
9
|
9
|
9
|
9
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(5)
N/A
|
0
N/A
|
(10)
N/A
|
(10)
-7%
|
(4)
+63%
|
0
N/A
|
0
N/A
|
0
+93%
|
1
+131%
|
0
N/A
|
0
N/A
|
1
N/A
|
2
+99%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(90)
N/A
|
0
N/A
|
(90)
N/A
|
(90)
+0%
|
9
N/A
|
10
+0%
|
9
0%
|
9
-4%
|
(0)
N/A
|
(0)
+3%
|
(0)
N/A
|
0
N/A
|
0
-20%
|
0
-75%
|
0
N/A
|
0
-30%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(31)
|
(28)
|
(28)
|
(28)
|
(30)
|
(12)
|
(6)
|
(4)
|
(25)
|
(34)
|
(28)
|
(30)
|
(29)
|
(25)
|
(24)
|
(20)
|
(19)
|
(22)
|
(24)
|
(25)
|
(26)
|
(24)
|
(22)
|
(22)
|
(20)
|
(46)
|
(142)
|
(52)
|
(57)
|
(68)
|
(62)
|
(61)
|
(58)
|
(20)
|
(20)
|
(21)
|
(22)
|
(24)
|
(31)
|
(32)
|
(31)
|
|
Selling, General & Administrative |
(29)
|
(26)
|
(26)
|
(26)
|
(28)
|
(27)
|
(26)
|
(25)
|
(23)
|
(26)
|
(26)
|
(27)
|
(27)
|
(22)
|
(20)
|
(18)
|
(16)
|
(19)
|
(21)
|
(21)
|
(21)
|
(19)
|
(17)
|
(17)
|
(16)
|
(41)
|
(44)
|
(44)
|
(48)
|
(60)
|
(57)
|
(56)
|
(53)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(21)
|
(22)
|
(22)
|
|
Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(8)
|
(8)
|
(9)
|
(8)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(10)
|
(10)
|
(10)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
17
|
23
|
23
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(29)
N/A
|
(26)
+9%
|
(26)
+2%
|
(27)
-4%
|
(35)
-32%
|
(11)
+69%
|
(14)
-31%
|
(14)
+1%
|
(29)
-105%
|
(32)
-10%
|
(28)
+13%
|
(29)
-4%
|
(29)
+2%
|
(24)
+17%
|
(22)
+6%
|
(19)
+17%
|
(17)
+7%
|
(21)
-21%
|
(24)
-13%
|
(25)
-6%
|
(25)
-2%
|
(23)
+8%
|
(22)
+8%
|
(22)
0%
|
(20)
+9%
|
(135)
-588%
|
(141)
-4%
|
(142)
0%
|
(147)
-4%
|
(59)
+60%
|
(53)
+11%
|
(52)
+2%
|
(49)
+5%
|
(20)
+59%
|
(20)
-1%
|
(21)
-6%
|
(22)
-4%
|
(24)
-7%
|
(31)
-33%
|
(32)
-1%
|
(31)
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
2
|
1
|
1
|
2
|
2
|
1
|
2
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
4
|
4
|
3
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
454
|
454
|
454
|
454
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(27)
N/A
|
(25)
+7%
|
(25)
+0%
|
(24)
+3%
|
(10)
+59%
|
(10)
+2%
|
(13)
-30%
|
(14)
-13%
|
(29)
-107%
|
(32)
-9%
|
(28)
+13%
|
(29)
-4%
|
(28)
+2%
|
(24)
+17%
|
(22)
+6%
|
(18)
+17%
|
(17)
+6%
|
(21)
-21%
|
(24)
-13%
|
(25)
-6%
|
(25)
-2%
|
(23)
+8%
|
(21)
+8%
|
(22)
0%
|
(20)
+9%
|
319
N/A
|
313
-2%
|
312
0%
|
307
-2%
|
(59)
N/A
|
(53)
+11%
|
(51)
+2%
|
(49)
+5%
|
(20)
+60%
|
(20)
+0%
|
(20)
-3%
|
(20)
+1%
|
(20)
-1%
|
(28)
-36%
|
(28)
-1%
|
(28)
0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(32)
|
(30)
|
(29)
|
(27)
|
13
|
8
|
7
|
6
|
(3)
|
(1)
|
(1)
|
(16)
|
(17)
|
(17)
|
(17)
|
0
|
|
Income from Continuing Operations |
(28)
|
(26)
|
(25)
|
(25)
|
(10)
|
(10)
|
(13)
|
(14)
|
(29)
|
(32)
|
(28)
|
(29)
|
(29)
|
(24)
|
(22)
|
(18)
|
(17)
|
(21)
|
(24)
|
(25)
|
(25)
|
(23)
|
(21)
|
(21)
|
(19)
|
286
|
282
|
283
|
280
|
(46)
|
(45)
|
(44)
|
(43)
|
(23)
|
(21)
|
(22)
|
(36)
|
(37)
|
(44)
|
(45)
|
(28)
|
|
Net Income (Common) |
(28)
N/A
|
(26)
+7%
|
(25)
+1%
|
(25)
+3%
|
(10)
+60%
|
(10)
+2%
|
(13)
-30%
|
(14)
-13%
|
(29)
-106%
|
(32)
-9%
|
(28)
+13%
|
(29)
-5%
|
(29)
+2%
|
(24)
+17%
|
(22)
+6%
|
(18)
+17%
|
(17)
+6%
|
(21)
-21%
|
(24)
-13%
|
(25)
-6%
|
(25)
-2%
|
(23)
+8%
|
(21)
+10%
|
(21)
0%
|
(19)
+9%
|
286
N/A
|
282
-1%
|
283
+0%
|
280
-1%
|
(46)
N/A
|
(45)
+3%
|
(44)
+2%
|
(43)
+3%
|
(23)
+46%
|
(21)
+10%
|
(22)
-5%
|
(36)
-67%
|
(37)
-3%
|
(44)
-19%
|
(45)
-1%
|
(28)
+38%
|
|
EPS (Diluted) |
-10.69
N/A
|
-10.07
+6%
|
-9.7
+4%
|
-9.62
+1%
|
-3.84
+60%
|
-3.71
+3%
|
-4.82
-30%
|
-5.42
-12%
|
-11.16
-106%
|
-11.8
-6%
|
-9.96
+16%
|
-10.27
-3%
|
-10.21
+1%
|
-8.19
+20%
|
-7.66
+6%
|
-6.32
+17%
|
-5.92
+6%
|
-6.97
-18%
|
-7.67
-10%
|
-7.89
-3%
|
-8.07
-2%
|
-6.92
+14%
|
-6.18
+11%
|
-6.12
+1%
|
-5.59
+9%
|
80.21
N/A
|
79.56
-1%
|
79.82
+0%
|
78.33
-2%
|
-12.94
N/A
|
-12.57
+3%
|
-12.37
+2%
|
-12.06
+3%
|
-6.5
+46%
|
-5.82
+10%
|
-6.08
-4%
|
-10.17
-67%
|
-10.48
-3%
|
-12.41
-18%
|
-12.46
0%
|
-7.79
+37%
|