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Vivani Medical VANI Biopharm Division — Operating Lease Expense

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Other financials

Income statement

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Revenue-
Gross profit$130.0K
Operating income-$6.8M-4.0%
Net income-$6.8M-7.6%
EPS (diluted)-$0.08+27.3%

Balance sheet

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Cash & equivalents$19.0M+57.7%
Total debt$18.3M-3.5%
Total equity$19.1M+64.2%
Total assets$42.4M+19.5%

Cash flow

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Operating cash flow-$6.2M-20.0%
CapEx$3.0K-40.0%
Free cash flow-$6.2M-19.9%

Valuation

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Market cap$106.93M+40.0%
Enterprise value$106.17M+19.3%

Profitability

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Gross margin36.3%
Operating margin-1,004.9%
Net margin-994.1%
FCF margin-832.3%

Returns & leverage

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Return on equity-176.4%+175pp
Debt / equity-0.7×
Current ratio3.2×+0.8×

Where this comes from

Reported directly by Vivani Medical in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.

The official record: Vivani Medical’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vivani Medical's biopharm division — operating lease expense?
Vivani Medical (VANI) reported biopharm division — operating lease expense of $1.13M in Q1 2026.
How has Vivani Medical's biopharm division — operating lease expense changed year-over-year?
Vivani Medical's biopharm division — operating lease expense increased by 6.1% year-over-year, from $1.06M to $1.13M.
What is the long-term trend for Vivani Medical's biopharm division — operating lease expense?
Over 2 years (2023 to 2025), Vivani Medical's biopharm division — operating lease expense has grown at a 2.8% compound annual growth rate (CAGR), from $3.99M to $4.21M.
What does biopharm division — operating lease expense mean?
Includes the costs associated with leasing facilities, laboratories, or equipment essential for the biopharmaceutical segment's operations. This metric reflects the fixed overhead burden required to maintain the physical infrastructure for research activities. It is an important component of the segment's recurring operational cost structure.