Stock Ratings / Industrials / VHC / financials

NTIP (39) RMCO (44) AMOD (30) JYNT (51) ⌘ Pro Terminal →

VirnetX Holding Corp (VHC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$10.46 -3.89% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot)

VirnetX Holding Corp (VHC) carries a Roarable Rating of E (Strong Sell) with 32/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE E • RED ALERT Cap $43.9M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D-

Each axis scored 0–20

12M PRICE TARGET CONE-11.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for VHC)Realized 20D OHLCV Swing Band: ±12.5%

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How VHC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $7.0K

FY24

Rev $5.0K

FY25

Rev $162.0K

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$162.0K	52%	-80%	-$18.2M	-$15.7M	-45%
FY 2024	$5.0K	52%	-80%	-$18.2M	-$15.3M	-45%
FY 2023	$7.0K	52%	-80%	-$27.9M	-$24.8M	-35%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring VHC)

✓Walkthrough of VHC's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

VHC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -21.82%▼ DESCENDING CHANNEL

2026-10-30O $10.87H $10.87L $9.20C $10.46VOL 31.7K

RES: $14.37SUP: $7.91SMA50: $11.30SMA200: $14.04

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

VHC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 VHC Butterfly Map → + Track VHC →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +180.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on VHC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for VHC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for VHC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (VHC)

Industrials Rank #433 of 485 ⚔️ NTIP vs VHC Full Matrix →

1. Head-to-Head Industrials Peer Comparison (VHC vs. NTIP, RMCO, AMOD, JYNT)

Industry: Multi-Sector Companies (11 Tracked Issuers)

Across 485 tracked Industrials securities in the Roarable RQD universe, VirnetX Holding Corp (VHC) ranks #433 by composite RQD confidence (32/100, grade E) and #413 by equity capitalization ($43.9M). Within this direct 5-issuer industry benchmark cohort, JYNT leads on earnings valuation at 35.8x trailing P/E, while RMCO leads on capital efficiency and profitability with -1.7% ROIC and 16.3% gross margin. JYNT currently holds the highest overall quantitative score in the immediate peer group at 51/100 (D) compared with VHC at 32/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
VHC ACTIVE VirnetX Holding Corp	E	32/100	—	—	-35.0%	-3.89%	$43.9M	Benchmark Subject
NTIP Network-1 Technologies Inc.	D-	39/100	—	72.0%	-10.0%	+0.63%	$36.4M	/ntip-vs-vhc →
RMCO Royalty Management Holding Corporation (Class A)	D	44/100	—	16.3%	-1.7%	+5.86%	$35.7M	/rmco-vs-vhc →
AMOD Alpha Modus Holdings Inc. (Class A)	E	30/100	—	96.0%	-35.0%	-8.93%	$65.1M	/amod-vs-vhc →
JYNT The Joint Corp.	D	51/100	35.8x	—	-13.9%	+1.38%	$104.1M	/jynt-vs-vhc →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001082324

In its most recent audited fiscal period (FY2025, filed 2025-12-31), VirnetX Holding Corp (VHC) reported GAAP revenue of $162.0K (+3140.0% vs. FY2024 revenue of $5.0K , and +2214.3% cumulative change since FY2023) , GAAP net income of -$18.2M, operating cash flow of -$15.6M, and free cash flow of -$15.7M (-2.0% YoY). On the balance sheet, VHC closed FY2025 with $31.1M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 3/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$162.0K	-$18.2M	-$15.6M	-$15.7M	$31.1M	—
FY2024 (FY)	2024-12-31	$5.0K	-$18.2M	-$15.3M	-$15.3M	$49.6M	—
FY2023 (FY)	2023-12-31	$7.0K	-$27.9M	-$24.8M	-$24.8M	—	—

3. VHC Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is VHC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, VirnetX Holding Corp (NASDAQ: VHC) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 32/100 at a spot price of $10.46 (-3.89% 1D, market cap $43.9M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 6/20, Executive Insider Alignment 8/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 3/20. Across 485 tracked Industrials issuers, VHC ranks #433 in composite RQD confidence.

How does VHC compare to NTIP and RMCO in the Industrials sector?

Within the Industrials sector (Multi-Sector Companies), VHC carries a Roarable E (32/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, NTIP (Network-1 Technologies Inc.) holds a D- grade (39/100 RQD, P/E N/A, ROIC -10.0%, cap $36.4M) and RMCO (Royalty Management Holding Corporation (Class A)) posts a D grade (44/100 RQD, P/E N/A, ROIC -1.7%, cap $35.7M). Among the 5-stock peer group, JYNT leads on earnings multiple (35.8x) while RMCO leads on capital efficiency (-1.7% ROIC).

What are the biggest fundamental strengths and SEC risk factors for VHC?

Per VHC's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001082324), VirnetX Holding Corp generated $162.0K in revenue (+3140.0% YoY), -$18.2M in net income, and -$15.7M in free cash flow against $31.1M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is VHC trading relative to its 50-day, 200-day, and 52-week technical levels?

VHC last traded at $10.46 (-3.89% on volume of 12,242 shares), positioning the stock -7.43% below its 50-day simple moving average ($11.30) and -25.50% below its 200-day simple moving average ($14.04). Across its 52-week range of $8.41 to $26.00, VHC sits at the 11.7% percentile with a 14-day RSI of 37.2 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($9.15 to $11.77).