Aankondiging • Apr 27
VirnetX Holding Corporation, Annual General Meeting, Jun 11, 2026 VirnetX Holding Corporation, Annual General Meeting, Jun 11, 2026. Reported Earnings • Mar 26
Full year 2025 earnings released: US$5.00 loss per share (vs US$5.05 loss in FY 2024) Full year 2025 results: US$5.00 loss per share. Net loss: US$18.2m (flat on FY 2024). Reported Earnings • Nov 17
Third quarter 2025 earnings released: US$1.18 loss per share (vs US$1.07 loss in 3Q 2024) Third quarter 2025 results: US$1.18 loss per share (further deteriorated from US$1.07 loss in 3Q 2024). Net loss: US$4.35m (loss widened 13% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Sep 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 61% per year over the past 5 years. Revenue is less than US$1m (US$50k revenue). Minor Risk Market cap is less than US$100m (US$63.8m market cap). Aankondiging • Sep 04
VirnetX Holding Corporation Receives DD Form 2345 Certification for Defense Sector Engagement VirnetX Holding Corporation announced that it has received DD Form 2345 certifications for its facilities in Zephyr Cove, Nevada, and Farmington, Utah. This certification, known as the Militarily Critical Technical Data Agreement, is administered by the Department of Defense’s Joint Certification Program. It enables certified organizations to access unclassified technical data with military or space applications subject to export controls. This achievement marks a significant milestone in VirnetX's strategic shift towards becoming a dedicated partner for the U.S. Department of Defense and Intelligence Community. The certification allows VirnetX to participate in classified projects, collaborate on defense initiatives, and bid on government contracts requiring access to controlled data. It underscores the company's robust security protocols and positions it to deliver its patented zero-trust platforms for secure communications across various environments to mission-critical applications in land, sea, air, space, and cyber domains. Reported Earnings • Aug 14
Second quarter 2025 earnings released: US$0.99 loss per share (vs US$1.07 loss in 2Q 2024) Second quarter 2025 results: US$0.99 loss per share (improved from US$1.07 loss in 2Q 2024). Net loss: US$3.62m (loss narrowed 5.5% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. New Risk • Jun 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m (US$3.0k revenue). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (US$34.2m market cap). Reported Earnings • May 15
First quarter 2025 earnings released: US$1.01 loss per share (vs US$1.19 loss in 1Q 2024) First quarter 2025 results: US$1.01 loss per share (improved from US$1.19 loss in 1Q 2024). Net loss: US$3.68m (loss narrowed 14% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Aankondiging • Apr 28
VirnetX Holding Corporation, Annual General Meeting, Jun 12, 2025 VirnetX Holding Corporation, Annual General Meeting, Jun 12, 2025. New Risk • Mar 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m (US$5.0k revenue). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (US$34.8m market cap). Reported Earnings • Mar 18
Full year 2024 earnings released: US$5.05 loss per share (vs US$7.79 loss in FY 2023) Full year 2024 results: US$5.05 loss per share (improved from US$7.79 loss in FY 2023). Net loss: US$18.2m (loss narrowed 35% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. New Risk • Dec 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m (US$5.0k revenue). Minor Risks Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (US$19.6m market cap). Aankondiging • Dec 10
VirnetX Holding Corporation Appoints John Anthony Jamison as Chief Technical Officer VirnetX Holding Corporation announced that it has hired Dr. John Anthony Jamison as new VirnetX Chief Technical Officer (CTO). From May 1997 to January 2018, Dr. Jamison served as a Naval Intelligence Officer for numerous strategic, operational and tactical commands and technical assignments throughout his service. After that, he served as the Technical Director at BAE Systems Inc.'s FAST Labs Defense Electronics R&D Unit, where he led advanced programs involving tactical space satellite efforts for the Department of Defense and Intelligence Community. Following BAE Systems Inc. Until November 2024, Dr. Jamison was the CTO at an AI/ML start-up, OmniTeq, where he worked to developed commercial services in the fields of bioinformatics, energy and power optimization, and climate related analytics. Dr. Jamison received his Doctorate of Strategic Intelligence from American Military University along with M.A. in National Security as well as a B.S. in Criminal Justice from the Shippensburg University of Pennsylvania. Previous VirnetX CTO, Dr. Victor Larson, will take on a new role as a Strategic Advisor at VirnetX. Reported Earnings • Nov 15
Third quarter 2024 earnings released: US$1.07 loss per share (vs US$1.36 loss in 3Q 2023) Third quarter 2024 results: US$1.07 loss per share (improved from US$1.36 loss in 3Q 2023). Net loss: US$3.84m (loss narrowed 22% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Aankondiging • Sep 05
VirnetX Receives NYSE Notification Regarding Non-Compliance with Section 802.01B of the NYSE's Listed Company Manual VirnetX Holding Corporation (the ‘Company’) announced that on August 28, 2024, it received a notice (the ‘Notice’) from the New York Stock Exchange (the ‘NYSE’) that the Company is not in compliance with Section 802.01B of the NYSE's Listed Company Manual (‘Rule 802.01B’) because its average global market capitalization over a consecutive 30 trading-day period was less than $50 million, and, at the same time, its stockholders' equity was less than $50 million. The Notice does not have an immediate impact on the listing of the Company's common stock and does not affect the Company's business operations or its Securities and Exchange Commission reporting requirements. In accordance with NYSE procedures, within 45 days from receipt of the Notice, the Company intends to submit a plan to the NYSE advising it of the definitive action(s) the company has taken, is taking, or plans to take that would bring it into conformity with the continued listing standards. If the NYSE accepts the Company's plan, the Company's common stock will continue to be listed and traded on the NYSE during the 18-month cure period, subject to the company's compliance with other NYSE continued listing standards and continued periodic review by the NYSE of the Company's progress with respect to its plan. Reported Earnings • Aug 16
Second quarter 2024 earnings released: US$1.07 loss per share (vs US$3.18 loss in 2Q 2023) Second quarter 2024 results: US$1.07 loss per share (improved from US$3.18 loss in 2Q 2023). Net loss: US$3.83m (loss narrowed 66% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. New Risk • Aug 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 40% per year over the past 5 years. Revenue is less than US$1m (US$7.0k revenue). Minor Risks Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (US$23.7m market cap). Reported Earnings • May 17
First quarter 2024 earnings released: US$1.19 loss per share (vs US$1.25 loss in 1Q 2023) First quarter 2024 results: US$1.19 loss per share (improved from US$1.25 loss in 1Q 2023). Net loss: US$4.29m (loss narrowed 3.9% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings. Aankondiging • Apr 28
VirnetX Holding Corporation, Annual General Meeting, Jun 13, 2024 VirnetX Holding Corporation, Annual General Meeting, Jun 13, 2024, at 10:00 Pacific Standard Time. Agenda: To elect thomas m. o’brien and heidy chow, as class ii directors; to ratify the appointment of farber hass hurley llp as independent registered public accounting firm for the fiscal year ending december 31, 2024; to approve, on a non-binding advisory basis, the compensation paid to named executive officers; to approve an amendment to amended and restated 2013 equity incentive plan to, among other things, increase the share reserve; and to transact such other business that may properly come before the annual meeting. Aankondiging • Apr 23
VirnetX Announces Strategic Defense Advisory Board VirnetX Holding Corporation announced that it has established an advisory board comprised of four retired senior U.S. Air Force leaders. The board will assist and advise on business development and operational direction of VirnetX's Zero Trust Network Access security technology as a necessary layer of security for defense communications and data management to Department of Defense government officials and commercial contractors. Advisory Board Members: Lance W Lord, General, USAF (Ret.), Lord retired in 2006 as a 4-star General in the U.S. Air Force. He was the Commander of the Air Force Space Command and was responsible for the development, acquisition and operation of the Air Force's space and missile systems. He led more than 39,700 space professionals who provided combat forces and capabilities to the North American Aerospace Defense Command and U.S. Strategic Command. He is a former member of the President's Commission on Position, Navigation and Timing Senior Advisory Group and the US Strategic Command Senior Advisory Group. Lord currently serves as the Chairman of OmniTeq and founded its predecessor L2 Aerospace LLC. He serves as Chairman of the Board of Frequency Electronics Corporation, is a board member of Boneal Aerospace Corporation, a member of the Iridium Communications Government Advisory Board, a member of General Dynamics Mission Systems Senior Advisory Group and Hera Satellite Systems Senior Advisory Group. Daniel P (Fig) Leaf, Lieutenant General, USAF (Ret.): Leaf retired in 2008 as a 3-star Lieutenant General in the U.S. Air Force. He was Deputy Commander in the U.S. Pacific Command. He has worked with leaders of every nation in the Indo-Asia Pacific region except North Korea. He delivered guest lectures at King's College London, the Vietnam Academy of Social Science, China'sPLA Political Academy in Xian, and the Pakistan National Defense University among others. His military experience includes his time at PACOM, a tour of duty at Headquarters Pacific Air Forces, four years of duty assignments in both the Republic of Korea and Japan, and temporary military duty across the region. A master of air operations, information warfare and joint force operations, he is a decorated fighter pilot and leader, with combat missions in Europe and the Middle East. He has executive level industry experience as Vice President of Strategic Initiatives at Northrup Grumman. Nina M Armagno, Lieutenant General, USAF (Ret.): Armagno retired in 2023 as a 3-star Lieutenant General in the U.S. Air Force, serving as the first Director of Staff for the U.S. Space Force. During her 35-year career, Armagno held multiple commands at many levels of space operations including Director of Plans and Policy at U.S. Strategic Command. She was instrumental in the creation of the U.S. Space Force by working with the higher levels of the U.S. Government and is a lifetime member of the Council of Foreign Relations. Industry experience includes RocketLab board director and several strategic advisory board positions. A Bowen Ballard, Major General, USAF (Ret.): Ballard retired in 2003 as a 2-Star Major General in the U.S. Air Force with over 37 years of uniformed service. He served as Assistant Chief of Staff of Intelligence at U.S. Air Force Headquarters in the Pentagon and as Mobilization Assistant to the Director of the National Security Agency and Chief of Central Security Services. He serves on the Air Force Secretary and Chief of Staff Civilian Advisory Group and is widely recognized on the Hill in DC and throughout numerous Congressional circles. He has been CEO of a regional real estate corporation and a director of two regional commercial banks. He has served on the Embry-Riddle University President'sAdvisory Board and has accumulated more than 7,000 hours as a civilian pilot. New Risk • Apr 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m (US$7.0k revenue). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (US$19.6m market cap). Reported Earnings • Mar 17
Full year 2023 earnings released: US$7.79 loss per share (vs US$10.17 loss in FY 2022) Full year 2023 results: US$7.79 loss per share (improved from US$10.17 loss in FY 2022). Net loss: US$27.9m (loss narrowed 23% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 9 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 07
VirnetX Holding Corporation Appoints Darl Mcbride as Chief Operating Officer, Effective from January 1, 2024 On November 30, 2023, Darl McBride was appointed as the Chief Operating Officer of VirnetX Holding Corporation (the “ Company”), effective January 1, 2024. Prior to his appointment as the Company’s Chief Operating Officer, Mr. McBride, age 64, had been serving as the Chief Operating Officer of VirnetX KK, a Japanese subsidiary of the Company, since January 2021. While in such position, Mr. McBride’s responsibilities included expanding the Company’s line of security products into Japan as well as the broader Pacific Rim and transacting with military-affiliated partners within the United States to facilitate the collaborative development of next-generation cybersecurity and protective artificial intelligence solutions. Prior to joining the Company, Mr. McBride served as the President and Chief Executive Officer of Shout TV Inc., a social media platform that engages fans and advertisers during live events, from July 2014 to December 2020. Mr. McBride earned a bachelor’s degree in Sociology from Brigham Young University in 1984 and earned a Master of Arts in Labor & Industrial Relations from the University of Illinois at Urbana-Champaign in 1985. Reported Earnings • Nov 11
Third quarter 2023 earnings released: US$1.36 loss per share (vs US$1.20 loss in 3Q 2022) Third quarter 2023 results: US$1.36 loss per share (further deteriorated from US$1.20 loss in 3Q 2022). Net loss: US$4.92m (loss widened 15% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. New Risk • Oct 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 210% a day. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (210% average daily change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m (US$13k revenue). Reported Earnings • Aug 13
First half 2023 earnings released: US$0.22 loss per share (vs US$0.11 loss in 1H 2022) First half 2023 results: US$0.22 loss per share (further deteriorated from US$0.11 loss in 1H 2022). Net loss: US$15.8m (loss widened 104% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Aankondiging • May 16
VirnetX Holding Receives Notice from NYSE Regarding its Common Stock Not in Compliance with Rule 802.01C On May 15, 2023, VirnetX Holding Corporation announced that on May 12, 2023, it received a notice from the New York Stock Exchange (the ‘NYSE’) that the Company's common stock is not in compliance with Rule 802.01C of the NYSE's Listed Company Manual (‘Rule 802.01C’) relating to the minimum average closing price of the Company's common stock required over a consecutive 30 trading-day period. The NYSE notification does not affect the Company's business operations or its Securities and Exchange Commission reporting requirements. Under the NYSE standards, the Company can regain compliance with Rule 802.01C if, during the six-month period following receipt of the NYSE notice, on the last trading-day of any calendar month, the Company's common stock has (i) a closing price per share of at least $1.00 and (ii) a 30 trading-day average closing share price of at least $1.00. The Company intends to cure the price deficiency and return to compliance with Rule 802.01C within the applicable cure period. As required by the NYSE, the Company will notify the NYSE of its intent to cure, which may include, if necessary, effecting a reverse stock split, subject to approval by the board of directors and stockholders of the Company. The Company is already undertaking business initiatives and other actions that it believes will increase stockholder value and drive share price increases. During this period, the Company's common stock will continue to be traded on the NYSE, subject to compliance with other continued NYSE listing requirements. Upcoming Dividend • Apr 11
Inaugural dividend of US$1.00 per share Eligible shareholders must have bought the stock before 18 April 2023. Payment date: 17 April 2023. This is the first dividend for VirnetX Holding since going public. The average dividend yield among industry peers is 0.9%. Recent Insider Transactions • Apr 03
Insider recently sold US$3.6m worth of stock On the 30th of March, Bradley Radoff sold around 2m shares on-market at roughly US$1.68 per share. This transaction amounted to 81% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.0m more than they bought in the last 12 months. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. Independent Director Gary Feiner was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 10
Third quarter 2022 earnings released: US$0.06 loss per share (vs US$0.047 loss in 3Q 2021) Third quarter 2022 results: US$0.06 loss per share (further deteriorated from US$0.047 loss in 3Q 2021). Net loss: US$4.28m (loss widened 28% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 11
Second quarter 2022 earnings released: US$0.062 loss per share (vs US$0.05 loss in 2Q 2021) Second quarter 2022 results: US$0.062 loss per share (down from US$0.05 loss in 2Q 2021). Net loss: US$4.44m (loss widened 26% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Board Change • Aug 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. Independent Director Gary Feiner was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Jun 26
VirnetX Holding Corp(NYSE:VHC) dropped from Russell 3000E Index VirnetX Holding Corp(NYSE:VHC) dropped from Russell 3000E Index