$VHC
VirnetX Holding Corp

2020 Q2 Form 10-Q Financial Statement

#000114036120018001 Filed on August 10, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $0.00 $38.00K
YoY Change -100.0% 137.5%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $6.700M $3.604M
YoY Change 85.9% -31.9%
% of Gross Profit
Research & Development $3.800M $986.0K
YoY Change 285.4% -16.86%
% of Gross Profit
Depreciation & Amortization $0.00 $0.00
YoY Change
% of Gross Profit
Operating Expenses $10.50M $4.590M
YoY Change 128.76% -29.14%
Operating Profit -$4.552M
YoY Change -29.56%
Interest Expense $0.00 $27.00K
YoY Change -100.0% 125.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$10.47M -$4.525M
YoY Change 131.38% -29.84%
Income Tax -$2.430M -$395.0K
% Of Pretax Income
Net Earnings -$8.040M -$4.130M
YoY Change 94.67% -35.97%
Net Earnings / Revenue -10868.42%
Basic Earnings Per Share -$0.11 -$0.06
Diluted Earnings Per Share -$0.11 -$0.06
COMMON SHARES
Basic Shares Outstanding 70.92M 68.26M
Diluted Shares Outstanding 70.92M 68.26M

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $272.8M $6.927M
YoY Change 3838.28% 47.38%
Cash & Equivalents $270.2M $4.155M
Short-Term Investments $2.622M $2.772M
Other Short-Term Assets $600.0K $500.0K
YoY Change 20.0% -44.44%
Inventory
Prepaid Expenses
Receivables $5.000K $8.000K
Other Receivables $0.00 $0.00
Total Short-Term Assets $273.4M $7.389M
YoY Change 3599.85% 31.95%
LONG-TERM ASSETS
Property, Plant & Equipment $14.00K $5.000K
YoY Change 180.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.00M $1.832M
YoY Change 445.85% 1.78%
Total Long-Term Assets $10.02M $1.837M
YoY Change 445.35% 2.06%
TOTAL ASSETS
Total Short-Term Assets $273.4M $7.389M
Total Long-Term Assets $10.02M $1.837M
Total Assets $283.4M $9.226M
YoY Change 2971.75% 24.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.100M $400.0K
YoY Change 175.0% -86.67%
Accrued Expenses $9.700M $300.0K
YoY Change 3133.33% 50.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $49.70M $849.0K
YoY Change 5753.95% -76.42%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.70M $849.0K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $49.70M $800.0K
YoY Change 6112.5% -78.38%
SHAREHOLDERS EQUITY
Retained Earnings -$208.2M
YoY Change
Common Stock $7.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $233.7M $8.377M
YoY Change
Total Liabilities & Shareholders Equity $283.4M $9.226M
YoY Change 2971.75% 24.68%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$8.040M -$4.130M
YoY Change 94.67% -35.97%
Depreciation, Depletion And Amortization $0.00 $0.00
YoY Change
Cash From Operating Activities -$93.50M -$4.200M
YoY Change 2126.19% -32.26%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.300M $200.0K
YoY Change -750.0% -200.0%
Cash From Investing Activities -$1.300M $200.0K
YoY Change -750.0% -200.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -71.00M 2.800M
YoY Change -2635.71% -41.67%
NET CHANGE
Cash From Operating Activities -93.50M -4.200M
Cash From Investing Activities -1.300M 200.0K
Cash From Financing Activities -71.00M 2.800M
Net Change In Cash -165.8M -1.200M
YoY Change 13716.67% -25.0%
FREE CASH FLOW
Cash From Operating Activities -$93.50M -$4.200M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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