What does tax credit carryforward valuation allowance mean?

This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.

Virtuix Holdings Inc. VTIX Tax Credit Carryforward Valuation Allowance

Tax Credit Carryforward Valuation Allowance at other companies

KopinKOPN

$84.25M+0.5%

Wrap TechnologiesWRAP

$26.46M+14.9%

AIRO Group Holdings, Inc. Common StockAIRO

$4.8M-51.2%

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 us-gaap:DeferredTaxAssetsValuationAllowance.

The official record: Virtuix Holdings Inc. ’s 10-Q, filed March 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virtuix Holdings Inc. 's tax credit carryforward valuation allowance?: Virtuix Holdings Inc. (VTIX) reported tax credit carryforward valuation allowance of $11.3M in Q4 2025.
What does tax credit carryforward valuation allowance mean?: This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.