VTVT (VTVT) financial statements
VTVT reported revenue of $0 in fiscal 2025, up 6.1% a year over 8 years.
Net income was -$27M.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from VTVT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $634,000 | $291,000 | $12M | $3M | $6M | $4M | $2M | $0 | $1M | $0 |
| Research and development | $45M | $40M | $23M | $15M | $11M | $13M | $12M | $14M | $12M | $18M |
| Selling, general and admin | $10M | $11M | $9M | $9M | $7M | $12M | $12M | $12M | $14M | $15M |
| Operating income | -$55M | -$51M | -$20M | -$21M | -$12M | -$22M | -$23M | -$26M | -$24M | -$33M |
| Interest expense | $398,000 | $3M | $3M | $2M | $692,000 | $12,000 | $15,000 | $13,000 | $0 | — |
| Pre-tax income | -$55M | -$54M | -$24M | -$22M | -$13M | -$18M | -$25M | -$26M | -$23M | -$31M |
| Income tax | $0 | $800,000 | $200,000 | $100,000 | $0 | $115,000 | $200,000 | $0 | $100,000 | $0 |
| Net income | -$16M | -$16M | -$8M | -$13M | -$8M | -$13M | -$19M | -$20M | -$18M | -$27M |
| Operating margin | -8678.2% | -17416.5% | -159.4% | -755.9% | -184.8% | -540.9% | -1116.9% | — | -2377.6% | — |
| Net margin | -2579.2% | -5547.8% | -63.6% | -471.9% | -132.5% | -324.3% | -949.7% | — | -1815.3% | — |
Balance sheet
Fiscal years, from VTVT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $52M | $12M | $2M | $2M | $6M | $13M | $12M | $9M | $37M | $89M |
| Receivables | $0 | $8M | $0 | $5,000 | $158,000 | $57,000 | $173,000 | $102,000 | $62,000 | — |
| Total current assets | $52M | $20M | $3M | $3M | $7M | $16M | $27M | $11M | $38M | $90M |
| Property, plant and equipment | $444,000 | $283,000 | $70,000 | $461,000 | $367,000 | $278,000 | $207,000 | $117,000 | $28,000 | — |
| Total assets | $54M | $28M | $9M | $9M | $15M | $25M | $33M | $11M | $38M | $90M |
| Total current liabilities | $11M | $27M | $19M | $13M | $6M | $8M | $8M | $11M | $5M | $7M |
| Total liabilities | $23M | $48M | $29M | $18M | $11M | $10M | $27M | $30M | $24M | $25M |
| Shareholders' equity | -$91M | -$151M | -$83M | -$49M | -$80M | -$10M | -$11M | -$25M | $12M | $64M |
| Net debt | -$52M | -$12M | -$2M | -$2M | -$6M | -$13M | -$12M | -$9M | -$37M | -$89M |
Cash flow
Fiscal years, from VTVT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$48M | -$45M | -$27M | -$23M | -$18M | -$19M | -$16M | -$19M | -$25M | -$25M |
| Capital spending | $87,000 | $57,000 | $5,000 | $70,000 | $0 | $0 | $21,000 | $0 | $0 | — |
| Free cash flow | -$48M | -$45M | -$27M | -$23M | -$18M | -$19M | -$16M | -$19M | -$25M | — |
| Stock-based compensation | $3M | $4M | $3M | $2M | $1M | $2M | $1M | $2M | $3M | $4M |
| Net borrowing | -$33,000 | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | -7617.7% | -15332.3% | -216.0% | -835.3% | -280.6% | -482.1% | -795.0% | — | -2488.4% | — |
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What was VTVT's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
From VTVT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.