Latest reported quarter: Q2, ended Jun 2026
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $40.08M | $18.67M | $30.91M | $17.54M | $11.24M |
| Total Operating Revenue | $40.08M | $18.67M | $30.91M | $17.54M | $11.24M |
| Cost of Revenue | $4.04M | $3.05M | $5.30M | $2.89M | $1.96M |
| Gross Profit | $36.04M | $15.62M | $25.62M | $14.64M | $9.28M |
| Operating Expense | $68.75M | $60.52M | $195.75M | $56.12M | $50.00M |
| Selling and Admin Expenses | $27.41M | $22.30M | $81.15M | $24.44M | $21.01M |
| Research & Development | $41.34M | $38.22M | $114.60M | $31.67M | $28.99M |
| Operating Profit | -$32.71M | -$44.90M | -$170.13M | -$41.48M | -$40.72M |
| Net Non-Operating Interest Income (Expense) | $748,000.00 | $915,000.00 | $2.93M | $689,000.00 | $863,000.00 |
| Non-Operating Interest Income | $1.11M | $1.30M | $4.07M | $1.10M | $1.18M |
| Non-Operating Interest Expense | $360,000.00 | $382,000.00 | $1.14M | $415,000.00 | $319,000.00 |
| Other Income (Expense) | -$1.90M | $7.39M | -$42.27M | $7.87M | -$58.67M |
| Special Income (Charges) | $0.00 | $0.00 | -$1.83M | $0.00 | $0.00 |
| Other Non-Operating Income (Expenses) | -$1.90M | -$1.93M | -$12.95M | -$2.62M | -$2.79M |
| Pretax Profit | -$33.86M | -$36.59M | -$209.47M | -$32.92M | -$98.52M |
| Tax | $816,000.00 | – | $0.00 | – | – |
| Net Profit | -$34.67M | -$36.59M | -$209.47M | -$32.92M | -$98.52M |
| Profit from Continuing Operations | -$34.67M | -$36.59M | -$209.47M | -$32.92M | -$98.52M |
| Net Income to Parent Company | -$34.67M | -$36.59M | -$209.47M | -$32.92M | -$98.52M |
| Net Income to Common Stockholders | -$34.67M | -$36.59M | -$209.47M | -$32.92M | -$98.52M |
| Basic EPS | -$0.35 | -$0.37 | -$3.02 | -$0.29 | -$1.35 |
| Diluted EPS | -$0.35 | -$0.46 | -$3.02 | -$0.29 | -$1.35 |
| Gain on Sale of Security | – | $9.32M | -$27.49M | $10.49M | -$55.88M |
| -Less:Other Special Charges | – | – | $1.83M | $0.00 | – |
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Assets | $206.51M | $227.81M | $246.44M | $246.44M | $176.85M |
| Total Current Assets | $176.16M | $202.90M | $223.41M | $223.41M | $154.06M |
| Cash and Cash Equivalents & Short-Term Investments | $136.35M | $181.68M | $213.80M | $213.80M | $137.71M |
| -Cash and Cash Equivalents | $136.35M | $165.55M | $204.99M | $204.99M | $137.71M |
| Receivables | $29.07M | $10.36M | $200,000.00 | $200,000.00 | $6.92M |
| -Accounts Receivable | $28.87M | $10.16M | – | – | $6.72M |
| -Other Receivables | $200,000.00 | $200,000.00 | $200,000.00 | $200,000.00 | $200,000.00 |
| Inventory | $2.40M | $2.29M | $1.83M | $1.83M | $1.79M |
| Other Current Assets | $8.33M | $8.58M | $7.58M | $7.58M | $7.64M |
| Total Non-Current Assets | $30.36M | $24.90M | $23.03M | $23.03M | $22.80M |
| Net PPE | $2.63M | $2.79M | $491,000.00 | $491,000.00 | $750,000.00 |
| -Gross PPE | $2.63M | $2.79M | $2.11M | $2.11M | $750,000.00 |
| Goodwill and Other Intangible Assets | $15.87M | $16.15M | $16.43M | $16.43M | $16.71M |
| -Other Intangible Assets | $15.87M | $16.15M | $16.43M | $16.43M | $16.71M |
| Other Non-Current Assets | $11.86M | $5.97M | $6.11M | $6.11M | $5.34M |
| Total Liabilities | $156.53M | $146.03M | $189.25M | $189.25M | $192.38M |
| Total Current Liabilities | $78.13M | $66.85M | $72.27M | $72.27M | $59.71M |
| Payables | $18.00M | $9.60M | $12.45M | $12.45M | $9.89M |
| -Accounts Payable | $18.00M | $9.60M | $12.45M | $12.45M | $9.89M |
| Current Accrued Expenses | $47.56M | $43.04M | $43.12M | $43.12M | $36.91M |
| Short-Term Debt and Capital Lease Obligation | $5.94M | $6.29M | $5.84M | $5.84M | $5.10M |
| -Current Debt | $5.44M | $5.80M | $5.30M | $5.30M | $4.31M |
| -Current Capital Lease Obligation | $493,000.00 | $494,000.00 | $535,000.00 | $535,000.00 | $793,000.00 |
| Total Non-Current Liabilities | $78.40M | $79.19M | $116.98M | $116.98M | $132.67M |
| Long Term Debt and Capital Lease Obligation | $78.40M | $79.19M | $81.33M | $81.33M | $84.37M |
| -Long Term Debt | $76.27M | $76.87M | $81.33M | $81.33M | $84.37M |
| -Long Term Capital Lease Obligation | $2.12M | $2.32M | $0.00 | $0.00 | $0.00 |
| Derivative Product Liabilities | $0.00 | $0.00 | $35.65M | $35.65M | $48.29M |
| Total Equity | $49.99M | $81.78M | $57.20M | $57.20M | -$15.53M |
| Stockholders' Equity | $49.99M | $81.78M | $57.20M | $57.20M | -$15.53M |
| Capital Stock | $9,000.00 | $9,000.00 | $8,000.00 | $8,000.00 | $7,000.00 |
| -Common Stock | $9,000.00 | $9,000.00 | $8,000.00 | $8,000.00 | $7,000.00 |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | – |
| Additional Paid-In Capital | $1.28B | $1.27B | $1.22B | $1.22B | $1.11B |
| Retained Earnings | -$1.24B | -$1.20B | -$1.16B | -$1.16B | -$1.13B |
| Gains/Losses Not Affecting Retained Earnings | $8.04M | $8.62M | $5.23M | $5.23M | $2.55M |
| -Short Term Investments | – | $16.13M | $8.81M | $8.81M | – |
| -Accumulated Depreciation | – | – | -$1.62M | -$1.62M | – |
| Convertible preferred securities | – | – | $0.00 | $0.00 | $0.00 |
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$43.91M | -$52.12M | -$137.51M | -$29.95M | -$36.22M |
| Net cash flow from continuing operations | -$43.91M | -$52.12M | -$137.51M | -$29.95M | -$36.22M |
| Net Income from Continuing Operations | -$34.67M | -$36.59M | -$209.47M | -$32.92M | -$98.52M |
| Gain/Loss from Continuing Operations | $0.00 | -$9.32M | $29.32M | -$10.49M | $55.88M |
| Depreciation & Depletion & Amortization | $280,000.00 | $279,000.00 | $728,000.00 | $298,000.00 | $292,000.00 |
| Other Non-Cash Items | -$72,000.00 | $40,000.00 | $6.51M | $871,000.00 | $1.09M |
| Change in Working Capital | -$12.87M | -$8.57M | $26.00M | $10.25M | $2.86M |
| -Change in Receivables | -$18.72M | -$1.35M | -$8.81M | -$2.10M | -$4.64M |
| -Change in Inventory | -$109,000.00 | -$454,000.00 | -$1.83M | -$39,000.00 | -$626,000.00 |
| -Change in Prepaid Assets | -$5.65M | -$857,000.00 | -$2.61M | -$707,000.00 | -$1.10M |
| -Change in Payables and Accrued Expense | $11.60M | -$5.91M | $39.26M | $13.10M | $9.23M |
| Net cash flow from investing | $16.25M | -$16.02M | -$9.62M | -$1.35M | -$8.28M |
| Net Cash Flow from Continuing Investing Activities | $16.25M | -$16.02M | -$9.62M | -$1.35M | -$8.28M |
| Net Investment Purchase and Sale | $16.25M | -$16.02M | $0.00 | $0.00 | $0.00 |
| Financing Cash Flow | -$1.54M | $28.69M | $263.31M | $98.58M | $17.88M |
| Net Cash Flow from Continuing Financing Activities | -$1.54M | $28.69M | $263.31M | $98.58M | $17.88M |
| Net Issuance Payments Of Debt | $0.00 | $0.00 | $32.42M | $1,000.00 | $0.00 |
| Net Common Stock Issuance | $0.00 | $0.00 | $196.98M | $96.88M | $0.00 |
| Proceeds from Stock Option Exercised | $26,000.00 | $29.41M | $33.91M | $1.89M | $18.16M |
| Net Other Financing Charges | -$1.57M | -$721,000.00 | – | – | -$278,000.00 |
| Ending Cash Balance | $136.59M | $165.79M | $205.23M | $205.23M | $137.95M |
| Net Change in Cash | -$29.20M | -$39.44M | $116.17M | $67.28M | -$26.62M |
| Beginning Cash Balance | $165.79M | $205.23M | $89.06M | $137.95M | $164.56M |
| Free Cash Flow | -$43.91M | -$52.12M | -$147.13M | -$31.30M | -$44.50M |
| Net PPE Purchase and Sale | – | – | $0.00 | $0.00 | – |
| Net Intangibles Purchase and Sale | – | – | -$9.62M | -$1.35M | – |
| Net Preferred Stock Issuance | – | – | $0.00 | – | – |
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