$VHC
VirnetX Holding Corp

2021 Q2 Form 10-Q Financial Statement

#000114036121027363 Filed on August 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $15.00K $0.00 $302.6M
YoY Change -100.0% 3782100.0%
Cost Of Revenue $0.00 $90.10M
YoY Change
Gross Profit $15.00K $212.5M
YoY Change
Gross Profit Margin 100.0% 70.23%
Selling, General & Admin $3.008M $6.700M $27.38M
YoY Change -55.1% 85.9% 481.73%
% of Gross Profit 20053.33% 12.88%
Research & Development $1.149M $3.800M $1.905M
YoY Change -69.76% 285.4% 103.53%
% of Gross Profit 7660.0% 0.9%
Depreciation & Amortization $2.000K $0.00 $1.000K
YoY Change -50.0%
% of Gross Profit 13.33% 0.0%
Operating Expenses $4.157M $10.50M $119.4M
YoY Change -60.41% 128.76% 2015.95%
Operating Profit -$4.142M $183.2M
YoY Change -3351.58%
Interest Expense $10.00K $0.00 $108.2M
YoY Change -100.0%
% of Operating Profit 59.06%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$4.132M -$10.47M $332.7M
YoY Change -60.53% 131.38% -6034.78%
Income Tax -$609.0K -$2.430M $32.76M
% Of Pretax Income 9.85%
Net Earnings -$3.523M -$8.040M $299.9M
YoY Change -56.18% 94.67% -5448.52%
Net Earnings / Revenue -23486.67% 99.13%
Basic Earnings Per Share -$0.05 -$0.11 $4.26
Diluted Earnings Per Share -$0.05 -$0.11 $4.20
COMMON SHARES
Basic Shares Outstanding 71.11M 70.92M 70.37M
Diluted Shares Outstanding 71.11M 70.92M 71.38M

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $175.5M $272.8M $437.1M
YoY Change -35.65% 3838.28% 5166.84%
Cash & Equivalents $153.6M $270.2M $435.8M
Short-Term Investments $21.91M $2.622M $1.336M
Other Short-Term Assets $3.354M $600.0K $600.0K
YoY Change 459.0% 20.0% 0.0%
Inventory
Prepaid Expenses
Receivables $14.00K $5.000K $5.000K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $178.9M $273.4M $437.8M
YoY Change -34.56% 3599.85% 4818.89%
LONG-TERM ASSETS
Property, Plant & Equipment $9.000K $14.00K $15.00K
YoY Change -35.71% 180.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.98M $10.00M $10.30M
YoY Change 79.79% 445.85% 442.11%
Total Long-Term Assets $17.99M $10.02M $10.34M
YoY Change 79.56% 445.35% 444.11%
TOTAL ASSETS
Total Short-Term Assets $178.9M $273.4M $437.8M
Total Long-Term Assets $17.99M $10.02M $10.34M
Total Assets $196.9M $283.4M $448.1M
YoY Change -30.52% 2971.75% 4049.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $445.0K $1.100M $4.600M
YoY Change -59.55% 175.0% 253.85%
Accrued Expenses $306.0K $9.700M $90.30M
YoY Change -96.85% 3133.33% 45050.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $769.0K $49.70M $136.5M
YoY Change -98.45% 5753.95% 6398.95%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $31.00K
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $31.00K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $769.0K $49.70M $136.5M
Total Long-Term Liabilities $0.00 $0.00 $31.00K
Total Liabilities $769.0K $49.70M $136.5M
YoY Change -98.45% 6112.5% 6400.43%
SHAREHOLDERS EQUITY
Retained Earnings $82.34M
YoY Change
Common Stock $7.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $196.1M $233.7M $311.6M
YoY Change
Total Liabilities & Shareholders Equity $196.9M $283.4M $448.1M
YoY Change -30.52% 2971.75% 4049.25%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$3.523M -$8.040M $299.9M
YoY Change -56.18% 94.67% -5448.52%
Depreciation, Depletion And Amortization $2.000K $0.00 $1.000K
YoY Change -50.0%
Cash From Operating Activities -$41.32M -$93.50M $426.4M
YoY Change -55.81% 2126.19% -8947.48%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$2.061M -$1.300M $1.100M
YoY Change 58.54% -750.0% -191.67%
Cash From Investing Activities -$2.061M -$1.300M $1.061M
YoY Change 58.54% -750.0% -186.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.488M
YoY Change 57.58%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -196.0K -71.00M 5.256M
YoY Change -99.72% -2635.71% 43.45%
NET CHANGE
Cash From Operating Activities -41.32M -93.50M 426.4M
Cash From Investing Activities -2.061M -1.300M 1.061M
Cash From Financing Activities -196.0K -71.00M 5.256M
Net Change In Cash -43.58M -165.8M 432.7M
YoY Change -73.72% 13716.67% -18249.2%
FREE CASH FLOW
Cash From Operating Activities -$41.32M -$93.50M $426.4M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Address State Or Province
EntityAddressStateOrProvince
NV
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
dei Entity File Number
EntityFileNumber
001-33852
dei Entity Registrant Name
EntityRegistrantName
VirnetX Holding Corp
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
77-0390628
dei Entity Address Address Line1
EntityAddressAddressLine1
308 Dorla Court
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 206
dei Entity Address City Or Town
EntityAddressCityOrTown
Zephyr Cove
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
89448
dei City Area Code
CityAreaCode
775
dei Local Phone Number
LocalPhoneNumber
548-1785
dei Security12b Title
Security12bTitle
Common Stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
VHC
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
71232856
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
220000
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
18000
CY2021Q2 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
21908000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
28348000
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
14000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8000
CY2021Q2 us-gaap Prepaid Taxes
PrepaidTaxes
2903000
CY2020Q4 us-gaap Prepaid Taxes
PrepaidTaxes
2905000
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
451000
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
306000
CY2021Q2 vhc Accrued Licensing Costs
AccruedLicensingCosts
0
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
44000
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
769000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
10356000
dei Entity Central Index Key
EntityCentralIndexKey
0001082324
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Type
DocumentType
10-Q
dei Document Transition Report
DocumentTransitionReport
false
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
263000
CY2021Q2 us-gaap Assets Current
AssetsCurrent
178908000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
224432000
CY2020Q4 vhc Accrued Licensing Costs
AccruedLicensingCosts
9438000
CY2021Q2 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
0
CY2020Q2 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
0
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
0
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
1000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4132000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
7805000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
8536000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1853000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1731000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
46000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
28000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-26000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-167000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-209000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-287000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10470000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-37768000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
322234000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
198875000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
311610000
vhc Increase Decrease In Accrued Licensing Costs
IncreaseDecreaseInAccruedLicensingCosts
9438000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
86000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
2292000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
7817000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
224437000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
5628000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
196127000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
233707000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
196127000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
233707000
vhc Increase Decrease In Accrued Licensing Costs
IncreaseDecreaseInAccruedLicensingCosts
-9438000
us-gaap Payments Of Dividends
PaymentsOfDividends
0
us-gaap Payments Of Dividends
PaymentsOfDividends
70841000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
196000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
356000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
2000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
38863000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-45519000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
332937000
CY2021Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
133882000
CY2021Q2 vhc Cash And Available For Sale Securities Amortized Cost Basis
CashAndAvailableForSaleSecuritiesAmortizedCostBasis
175536000
CY2021Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align: justify; color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;">Use of Estimates</div> <div><br/></div> <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">We prepare our consolidated financial statements in accordance with U.S. GAAP. In doing so, we have to make estimates and assumptions that affect our reported amounts of assets, liabilities, revenues, and expenses, as well as related disclosure of contingent assets and liabilities. In some cases, we could reasonably have used different accounting policies and estimates. In some cases, changes in the accounting estimates are reasonably likely to occur from period to period. Accordingly, actual results could differ materially from our estimates. To the extent that there are material differences between these estimates and actual results, our financial condition or results of operations will be affected. We base our estimates on past experience and other assumptions that we believe are reasonable under the circumstances, and we evaluate these estimates on an ongoing basis. We refer to accounting estimates of this type as critical accounting policies and estimates, which we discuss further below. We have reviewed our critical accounting policies and estimates with the audit committee of our board of directors.</div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align: justify; color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;">Concentration of Credit Risk and Other Risks and Uncertainties</div> <div><br/></div> <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Our cash and cash equivalents are primarily maintained at </span>two<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;"> major financial institutions in the United States. Deposits held with these financial institutions may exceed the amount of insurance provided on such deposits. A portion of those balances are insured by the Federal Deposit Insurance Corporation, or FDIC. During the six months ended </span>June<span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;"> 30, 2021, we had, at times, funds that were uninsured. We do not believe that we are subject to any unusual financial risk beyond the normal risk associated with commercial banking relationships. We have not experienced any losses on our deposits of cash and cash equivalents.</span></div>
vhc Concentration Risk Number Of Financial Institutions
ConcentrationRiskNumberOfFinancialInstitutions
2
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2021Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
133878000
CY2021Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4000
CY2020Q4 vhc Cash And Available For Sale Securities Amortized Cost Basis
CashAndAvailableForSaleSecuritiesAmortizedCostBasis
221255000
CY2020Q4 vhc Cash And Available For Sale Securities Fair Value Disclosure
CashAndAvailableForSaleSecuritiesFairValueDisclosure
221256000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-8040000
us-gaap Net Income Loss
NetIncomeLoss
-29966000
us-gaap Net Income Loss
NetIncomeLoss
291905000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71111000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70915000
CY2021Q2 vhc Cash And Available For Sale Securities Fair Value Disclosure
CashAndAvailableForSaleSecuritiesFairValueDisclosure
175540000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
99470000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
99471000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-609000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4132000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.1478
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7802000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-37768000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.2066
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2430000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30329000
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
8536000
CY2021Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
16854000
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2020Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0
CY2021Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0
CY2021Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3523000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71085000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70640000
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1458000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71111000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70915000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71085000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72098000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.13
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.05
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6752839
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6752839
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6211844
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1824454

Files In Submission

Name View Source Status
0001140361-21-027363-index-headers.html Edgar Link pending
0001140361-21-027363-index.html Edgar Link pending
0001140361-21-027363.txt Edgar Link pending
0001140361-21-027363-xbrl.zip Edgar Link pending
brhc10027439_10q.htm Edgar Link pending
brhc10027439_10q_htm.xml Edgar Link completed
brhc10027439_ex31-1.htm Edgar Link pending
brhc10027439_ex31-2.htm Edgar Link pending
brhc10027439_ex32-1.htm Edgar Link pending
brhc10027439_ex32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image0.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vhc-20210630.xsd Edgar Link pending
vhc-20210630_cal.xml Edgar Link unprocessable
vhc-20210630_def.xml Edgar Link unprocessable
vhc-20210630_lab.xml Edgar Link unprocessable
vhc-20210630_pre.xml Edgar Link unprocessable