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VirnetX Holding Corp VHC R&D credit carryforward

R&D credit carryforward at other companies

Motorcar Parts of America logo
Motorcar Parts of AmericaMPAA
$114K-90.1%
VirnetX Holding Corp
 logo
VirnetX Holding Corp VHC
$1.54M+38.5%
Xtant Medical Holdings logo
Xtant Medical HoldingsXTNT
$850K+49.9%
CVD Equipment Corp. logo
CVD Equipment Corp.CVV
$1.72M+0.1%
Aptera Motors Corp.
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Aptera Motors Corp. SEV
$3.87M+24.1%
Rigel Pharmaceuticals logo
Rigel PharmaceuticalsRIGL
$63.46M+1.8%

Other financials

Income statement

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Revenue-
Operating income-$4.5M-11.4%
Net income-$4.4M-18.3%
EPS (diluted)-$1.16-14.9%

Balance sheet

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Cash & equivalents$14.8M-36.4%
Total debt$7.2M-10.8%
Total equity$18.9M-48.2%
Total assets$26.7M-40.8%

Cash flow

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Operating cash flow-$4.3M-10.3%
CapEx$17.0K
Free cash flow-$5.8M-5.2%

Valuation

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Market cap$53.16M+28.6%
Enterprise value$45.6M+42.3%
P/S328.2×-498×

Profitability

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Operating margin-12,284.6%-6,084pp
Net margin-11,666.7%-5,775pp
FCF margin-35,193.8%

Returns & leverage

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Return on equity-68.5%+181pp
Debt / equity0.4×+0.2×
Current ratio8.5×-9.2×

Where this comes from

Reported directly by VirnetX Holding Corp in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsResearch.

The official record: VirnetX Holding Corp ’s 10-K, filed March 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is VirnetX Holding Corp 's r&d credit carryforward?
VirnetX Holding Corp (VHC) reported r&d credit carryforward of $1.54M in Q4 2025.
What does r&d credit carryforward mean?
The accumulated value of research and development tax credits that the company has earned but has not yet utilized to offset future tax liabilities. These carryforwards represent a potential future cash flow benefit by reducing future income tax payments. They are a key indicator of the company's historical investment in innovation and its ability to manage future tax burdens.