Financial insights of VRCA

MyFinsight

For the quarter ending 2026-03-31, VRCA made $5,023K in revenue. -$9,682K in net income. Net profit margin of -192.75%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue	5,023	5,092	14,344	12,702
Cost of product revenue	544	675	754	340
Cost of collaboration revenue	-	-	355	154
Cost of license and collaboration revenue	345	911*	-	-
Selling, general and administrative	9,989	8,117	9,403	8,852
Research and development	3,860	2,520	2,205	1,846
Loss on disposal of equipment	-	-61*	-	-
Total operating expenses	14,738	12,284	12,717	11,192
Loss from operations	-9,715	-7,192	1,627	1,510
Interest income	201	205	159	228
Interest expense	160	1,314	2,094	2,131
Change in fair value of derivative liability	0	1,762	34	598
Loss on extinguishment of debt	-	-1,533*	-	-
Other expense	-8	-1*	0	-1
Total other income (expense), net	33	-882	-1,901	-1,306
Net loss	-9,682	-8,074	-274	204

Basic EPS	-0.45	-0.758	-0.03	0.02
Diluted EPS	-0.45	-0.758	-0.03	0.02
Basic Average Shares	21,305,025	10,652,367*	9,490,083	9,488,055
Diluted Average Shares	21,305,025	10,652,367*	9,490,083	9,490,600

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.