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Vivos Inc

radiogel.com

What Do They Do?

Sells IsoPet injectable radiation treatments for animal tumors through veterinary clinics, develops a related human cancer treatment for hospitals and oncology centers, and sells polymer materials for drug delivery.

How Do They Make Money?

Revenue comes from IsoPet treatment sales and procedures, with revenue counted when an animal's treatment is completed; clinics also pay for certification, counted when certification is completed.

revenue
SegmentShareRevenue
Services Treatments
Sold outright

130%
IsoPet
Sold outright

209%
Certification
Licensed

55%
Freight
1.5%
Polymer
1.5%
Discount Services
−105%
Discount Iso Pet
−177%
Discount Certifications
−15%

Who Are Their Customers?

Veterinary clinics, university veterinary hospitals and animal oncology practices buy IsoPet directly; human therapy is aimed at hospitals, oncology centers and medical professionals, with institutional adoption or partnerships planned.

Do Revenues Turn Into Profits?

No. It lost $3.1M in FY2025.

Operating income, FY2025
−4629% of revenue
▲ +22% (Loss) vs FY2024 (−$2.6M, −52140%)
Net income, FY2025
−4484% of revenue
▲ +5% (Loss) vs FY2024 (−$2.9M, −58267%)
Free cash flow, FY2025
−3160% of revenue

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +143%
vs $15K in Q2 FY2025
Net income
▲ +29% (Loss)
vs −$645.5K in Q2 FY2025
IsoPet share of revenue vs 62.4% in Q2 FY2025

Growing. Revenue grew 4.6x in 4 years, from $14.9K in FY2021 to $68.4K in FY2025, about 46% a year.

Polymer products The older report centered on RadioGel for cancer treatment; the latest also describes selling polymer materials and a hydrogel platform for delivering medicines.

Clinic certification The older report described planned licensing to private clinics; the latest describes direct IsoPet sales and charging veterinary clinics for certification.

Revenue over time
Services Treatments IsoPet Certification Freight Polymer Discount Services Discount Iso Pet Discount Certifications
$100K$50K$0

Who Do They Compete With?

Competes with General Electric Healthcare, C.R. Bard, GT MedTech, Sirtex, and Biocompatibles UK

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