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Virtuix Holdings Inc. VTIX Debt And Accrued Interest Extinguished For Issuance Of Preferred Stock

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Other financials

Income statement

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Revenue$1.3M-14.0%
Gross profit$173.6K
Operating income-$4.9M-98.1%
Net income-$9.9M-277%
EPS (diluted)-$0.39-21.9%

Balance sheet

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Cash & equivalents$9.5M+1,882%
Total debt$3.2M+273%
Total equity$3.0M+484%
Total assets$14.8M+156%

Cash flow

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Operating cash flow-$4.0M-156%

Valuation

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Market cap$100.34M-69.9%
Enterprise value$94.08M
P/S20.2×

Profitability

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Gross margin11.5%
Operating margin-221.9%
Net margin-337.4%

Returns & leverage

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Return on equity-1,490.6%
Debt / equity1.1×
Current ratio1.4×+1.0×

Where this comes from

Reported directly by Virtuix Holdings Inc. in its filing.

Tagged under the XBRL concept vtix:DebtAndAccruedInterestExtinguishedForIssuanceOfPreferredStock.

The official record: Virtuix Holdings Inc. ’s 10-K, filed June 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virtuix Holdings Inc. 's debt and accrued interest extinguished for issuance of preferred stock?
Virtuix Holdings Inc. (VTIX) reported debt and accrued interest extinguished for issuance of preferred stock of $462.98K in Q2 2025.
What does debt and accrued interest extinguished for issuance of preferred stock mean?
Reflects the non-cash settlement of debt obligations and associated accrued interest through the issuance of preferred stock. This indicates a strategic move to deleverage the balance sheet by converting liabilities into equity.