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For the three months ended 31 March 2022, VirnetX Holding Corporation revenues remained flat at $5K. Net loss decreased 87% to $3.3M. Revenues reflect market conditions. Lower net loss reflects Other General, Selling and admintrative decrease of 93% to $2.7M (expense), Stock-based Compensation in R&D decrease of 37% to $312K (expense), Interest Income increase of 50% to $24K (income).
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Revenue | 0.01 | 0.01 | 0 | 0.01 |
Gross Profit | 0.01 | -0.34 | 0 | 0.01 |
Operating Income | -4.4 | -7.14 | -4.24 | -4.14 |
Net Income | -3.32 | -9.62 | -3.33 | -3.52 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Assets | 183.8 | 186.52 | 194.54 | 196.9 |
Total Liabilities | 1.07 | 1.07 | 0.57 | 0.77 |
Total Equity | 182.73 | 185.45 | 193.97 | 196.13 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -3.96 | -51.72 | -48.55 | -45.52 |
Cash From Investing Activities | -1.65 | 1.03 | 3.88 | 6.44 |
Cash From Financing Activities | -0.2 | -0.2 | -0.2 | |
Net Change in Cash | -5.61 | -50.89 | -44.87 | -39.28 |
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